German investors to partner Nigerians on deepening investment climate

German companies operating in Nigeria have said partnering Nigerian investors will boost the confidence they need in deepening their investments in Nigeria. Marc Lucassen, head, Delegation of German Industry and Commerce in Nigeria, who disclosed that the German companies in Nigeria, generate as much as $1 billion in turnover annually, said “What we are interested […]

UK FRC fines KPMG £3.2m over failed Quindelll audit

UK’s accounting financial watchdog, the Financial Reporting Council (FRC), has fined KPMG £3.2 million ($4.3 million) on Monday for failings in its audit of Quindell Plc. The fine is coming after KPMG and its employee William Smith, who was fined 84,000 pounds, both failed to ensure that Quindell’s financial statements for 2013 and 2014 were […]

Nigeria’s business leaders consider green bond development programme as FMDQ, FSD, CBI launch 3-year initiative

By Oluwaseun Afolabi A 3-year Nigerian green bond market development programme, developed by FMDQ, in partnership with the Financial Sector Deepening Africa (FSD) and Climate Bonds Initiative (CBI) has been launched to create awareness and drive education required to integrate the principles of green financing into the Nigerian debt capital markets. Explaining the initiative behind […]