World News

Afreximbank Facilitates $650-Million Financing for Oando’s Acquisition of Nigerian Agip Oil Company Limited’s 20% Interest in Nigerian Joint Venture

Also participating in the transaction were Indorama Eleme Petrochemicals Limited, with US$150 million, and Mercuria Energy Group, with US$150 million August 23, 2024/Afreximbank African Export-Import Bank (Afreximbank) has successfully arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility […]

SEC Approves New and Up dated PCAOB Audit Standards and an Amendment to the PCAOB’s Contributory Liability Rule

Changes address general responsibilities of an auditor conducting an audit as well as technology-assisted analysis and contributory liability rule for associated persons August 20, 2024/US SEC The Securities and Exchange Commission today announced that it has approved two Public Company Accounting Oversight Board (PCAOB) proposals updating audit standards regarding general […]

Work, life and Artificial Intelligence: 34% Believe that AI can be a better Boss than a Human

In light of the rapid advancements in AI, Kaspersky has conducted an in-depth study to explore current levels of confidence in AI August 20, 2024/Kaspersky AI is becoming a new member of society according to results from a new Kaspersky survey titled ‘Excitement, Superstition and great Insecurity – How global […]