January 24, 2020

Putin drops ex-Prime Minister Medvedev as Russia gets new government

President Vladimir Putin, on Friday. signed decree appointing members of the new Russian government. The new team was formed one week after the resignation of his ally President Vladimir Putin, on Friday. signed decree appointing members of the new Russian government. The new team was formed one week after the resignation of his ally Dmitry […]

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PwC is being dragged into Isabel dos Santos fraud case

Critics are subtly questioning the integrity of global accounting firm, PwC. This is because the firm’s Angolan unit audited the accounts of Angola’s state-owned oil company – Sonangol – during the same time the company’s former Chairwoman (Isabel dos Santos) allegedly embezzled up to $1 billion. The critics have also pointed out what they are saying raises conflict of interest concerns after PwC was found to have been auditing Sonangol’s accounts while at the same time collecting separate fees to render advisory services to the company

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7.5% VAT: Business groups raise concern over unmoved stock, growth

The 7.5 per cent Value Added Tax (VAT) increase will reduce sales and diminish profits, some big manufacturers and small business owners in the country have said.   Speaking exclusively to Daily Trust yesterday, the Vice President of the Abuja Chamber of Commerce and Industry (ACCI) in charge of commerce, Dr. Johnson Somadina Anene, expressed pessimism

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