The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) has intensified efforts to strengthen Nigeria’s preparedness for Open Banking implementation through an international training and study tour conducted in partnership with Euromoney and the Association of Banks in Singapore (ABS). The nine-day prog…

The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) has intensified efforts to prepare Nigeria's banking industry for the implementation of Open Banking by taking senior banking and fintech executives on an international training and study tour focused on governance, cybersecurity, risk management,…

…manipulation, loss, or misuse. By creating a secure digital repository and comprehensive audit trail for all processes and records filed before the court, the system will substantially reduce opportunities for record tampering and reinforce public confidence in the authenticity and reliability of court records, thereby…

…producer and Sony Music entities covering more than 25 years. They claim an accounting audit conducted last year uncovered millions owed to Dupri and his companies, So So Def Recordings and So So Def Productions. In the lawsuit, Dupri is described as a "mastermind" of the Southern hip-hop and R&B sound. It notes Dupri…

…Achimugu attributed Nigeria’s performance in international aviation safety and security audits, as well as improvements in passenger rights protection, to the NCAA’s regulatory efforts. He urged stakeholders to carefully consider the implications of reducing the Authority’s funding, maintaining that aviation regulators…

…only over Wi-Fi or at less frequent intervals. To illustrate the point, Toriola said an audit of the phone of one of MTN's chief officers, who had complained about unusually high data usage, revealed that WhatsApp was automatically backing up about 120 gigabytes of data. On telecom pricing, Toriola said another tariff…

…debt burdens and increased reliance on equity financing. An analysis of the companies' unaudited financial statements showed that finance costs decreased by N20.23bn year-on-year as many firms returned to profitability and accelerated debt repayment after weathering the impact of foreign exchange volatility and elevate…

…born in Meopham, Kent, and began singing in local talent shows, taverns, and bars before auditioning for The X Factor as a teenager. Although she did not make it past the final 12, she later joined the girl group Paradiso Girls and moved to Los Angeles at 17. The group’s 2009 single ‘Patron Tequila’, which featured Lil…

…risk. While more than R2 billion ($123 million) in irregular expenditure over four audited financial years has attracted attention, the report revealed that the bigger problem is an organisation unable to consistently procure, manage and deliver technology for the government. “This report is difficult reading, but it i…

…improve revenue collection. He said other measures include strengthening post-clearance audits and real-time systems audits to improve compliance; expanding the authorised economic operator (AEO) and advance rulings programmes to facilitate trade; deploying geospatial technology and joint border patrols to combat smugg…

…reduce deployment costs and improve long‑term sustainability. A pilot infrastructure audit conducted by ATCON's Fibre Cleanup Committee in collaboration with regulators in Lagos found widespread deficiencies, including abandoned cables, poor labelling, damaged hardware, and unauthorised attachments to existing infrastr…

…is a chartered accountant with more than 40 years of experience in banking, finance and auditing. He has served as a non-executive director of UBA and previously held senior executive positions in the financial services sector. The retirement comes in line with the Central Bank of Nigeria’s revised Code of Corporate Go…

…He disclosed that the complex would comprise two 150-seat lecture halls, a 200-seat auditorium, three computer laboratories equipped with 50 computers each, offices for 20 academic staff with furniture and computers, alongside other supporting facilities. According to him, although Computer Science has been offered at…

…documents detailing the legal basis, appropriation approvals, expenditure records and audit trail relating to any funds allegedly spent outside the approved budget framework. The group called on President Bola Tinubu to establish an independent Judicial Commission of Inquiry comprising jurists, forensic auditors, chart…

…managed in accordance with constitutional provisions, legislative approval, independent audit and public scrutiny. It said any expenditure outside the established budgetary process raises legitimate questions that require clear explanations from the government. The party expressed concern that unexplained off-budget sp…

…by law, disclosed in various fiscal reports, and subject to applicable oversight, audit and accountability mechanisms," he stated. The minister further rejected suggestions that the reported amount represented an increase in Nigeria's fiscal deficit. "A fiscal deficit is determined by the relationship between total gov…

…as their own during the competition. Bangladeshi actor and football enthusiast, Audite Karim, said it was difficult to accept that countries with such large fan bases continue to lag behind in the sport. According to British academic and economist, Stefan Szymanski, population size alone does not guarantee footballing…

…you one, and public funds are subject to full constitutional scrutiny, transparency, audit, and legislative oversight. For emphasis: the constitution does not disburse power or funds to an unelected spouse to perform governmental functions without constitutional accountability. I must also flag Mrs Tinubu's tell-tale p…

…We examine whether they are registered with us, whether they have filed their audit reports, whether they have appointed a Data Protection Officer, whether they have a privacy policy, whether they maintain records of processing activities, and whether they have adequate organisational and technical safeguards. We look…

…spending bypassed legislative oversight, procurement regulations and scrutiny by the Auditor-General. He further claimed that the alleged practice mirrored what he described as an off-budget revenue management model previously operated in Lagos State, alleging that it had now been replicated at the federal level. The f…

…staff to fill five vacancies, including a Principal Accountant, Accountant I, Principal Auditor, Senior Auditor, and Auditor I. "Kindly note that the office has the requirement(s)/conditions of self-accounting status according to FR1602(2009)," parts of the letter he signed, reads. In another letter on the same date, M…

…in Cross River State, spoke amid reports that tax officials had been assembled to audit the institution over alleged Pay-As-You-Earn tax liabilities, describing it as the latest move in a wider clampdown on the opposition. He disclosed this during a chat with journalists on Friday in Calabar while raising the alarm ove…

…Branch expansion itself requires regulatory approval, while pricing transparency, audited financial reporting, and regular regulatory disclosures are all mandatory. After receiving approval to operate as a national MFB in January, Kuda, a Nigerian neobank, said it planned to open more experience centres to support cust…

…the ongoing CVR exercise and subsequently disclosed without authorisation. INEC said its audit trail enabled investigators to identify the specific user account used to access the voter record, leading to the questioning of personnel with access to the system. BREAKING: INEC suspends staff linked to Emeka Ike's voter d…

…market, including volumes currently exported," he said. Umar said the authority would audit off-takers lifting LPG from the Nigerian Liquefied Natural Gas (NLNG) and the Nigerian National Petroleum Company (NNPC Ltd.) to improve distribution efficiency and pricing. He added that NMDPRA had commenced intensified monitor…