October 27, 2021/CSL Research In the recently released monthly report of the National Pension Commission (PENCOM) for the month of August 2021, Net Asset Value grew 0.9% m/m. There were however some rearrangements in the portfolio of assets held by Pension Fund Administrators in August. While positions in equities (down […]
OPINION/EDITORIAL
The Subsidy Debate: Between the Devil and Deep Blue Sea
October 27, 2021/United Capital Research Earlier in the week, the World Bank’s Country Director for Nigeria, Shubham Chaudhuri, condemned the Federal Government’s (FG) sustained spending on petrol subsidy which is expected to hit N2.9tn by the end of the year. This criticism comes on the back of the recent rally […]
The Importance of High Quality Independent Audits and Effective Audit Committee Oversight to High Quality Financial Reporting to Investors
October 26, 2021/US SEC Introduction[1] As we mark the upcoming twentieth anniversary of the enactment of the Sarbanes-Oxley Act of 2002 (“SOX”),[2] it is critical for all gatekeepers in the financial reporting ecosystem (auditors, management, and their audit committees) to maintain constant vigilance in the faithful implementation of the requirements of […]
