Internet access pushing up growth in Africa’s entertainment, media industry—PwC
A new report has revealed that Africa’s entertainment and media industry has entered a dynamic new phase; a third wave of convergence. The report said the borders that once separated the entertainment and media (E&M), technology and telecommunications industries are…
PwC survey foresees steady growth in Africa’s insurance industry
Latest report of leading global development group, PwC has revealed that the opportunities for growth in Africa’s insurance industry are huge despite recent economic and political uncertainty. The new document averred that Africa’s insurance industry has done well to adapt…
Low foreign investments ahead of 2019 elections to jerk up exchange rate–PwC
Released 2018 economic outlook by PwC has given an indication of estimated 7% exchange rate depreciation in the Import and Export (I&E) window to N386/USD, as FX demand increases and foreign investments slow ahead of the 2019 elections. Generally, investment…
Robotic technologies against human employment, skills divide global CEOs
The exponential growth in robotic technology and associated business automation, though good, is shocking a sizable proportion of the global business leaders in both developed and developing economies. While recent research by PwC found that workers were optimistic about technology…
Expect real impact of recession exit in 2019—-PwC
Lead audit firm, the PricewaterhouseCoopers (PwC) Nigeria has given fresh insight that full economic recovery from recession in the country can begin to reflect in 2019, if sustained real sector investment is driven. Analysts at the multinational consulting firm, said…
Nigeria’ll be counted among 16 largest global economies soon if…—Osinbajo
By virtue of Nigeria and Nigerians natural hardwork laced by unity in diversity, Nigeria will move fast to becoming one of the 16 largest economies in the world. This was the observation of the acting president, Prof Yemi Osinbajo, on…
New report sees Nigerian firms doing better than others in recession across Africa
Fresh business growth and expansion report released in partnership with PwC, Africa Development Bank (AfDB) and CDC Group has shown that about 59 Nigerian firms out of 343 companies from 42 African countries, stood stronger and more active than others…
992 out of 994 firms that paid taxes above N10m in 2015 were in Lagos—PwC chief
More facts have emerged on why the Lagos State Government is not relenting in asking the federal government to by law, grant it a ‘Special Status’ considering the volume of revenues raked in annually by the apex government and for…
Bridging infrastructure gap, best antidote to sustainable economic recovery—PwC
Contrary to plans by the federal government to implement the newly launched Economic Recovery and Growth Plan (ERGP) using a taskforce, PriceWaterCoopers (PwC) has suggested effective bridging of identified infrastructural gap in various value-chains as better strategy to drive recovery….
