KPMG – InfoStride News

KPMG Urges Nigerian Banks to Prepare for Open Banking Revolution

Temitope Nlewemchi — Sat, 02 Aug 2025 07:05:11 +0000

KPMG Nigeria has called on financial institutions across the country to accelerate their readiness for open banking, warning that the shift towards data-driven financial services is no longer optional but an imminent and transformative development. In a statement released on Monday, the global consulting firm emphasized that the successful implementation of open banking will redefine [...]

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KPMG faults FG’s 50% windfall tax, says legal disputes may arise

Temitope Nlewemchi — Sat, 20 Jul 2024 03:59:10 +0000

Global tax and advisory service firm, KPMG Nigeria has criticised the 50% windfall tax on the bank’s foreign exchange revaluation gains recorded in 2023 stating that it could result in a legal dispute. The firm stated this in its reaction to the recently imposed tax on banks by the federal government where it stated that [...]

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KPMG: Nigeria’s inflation battle hinges on fixing supply-side issues

Temitope Nlewemchi — Mon, 08 Apr 2024 12:25:08 +0000

KPMG has said that the effectiveness of the Central Bank of Nigeria’s (CBN) monetary tightening strategies may fall short unless Nigeria addresses the underlying supply-side constraints fuelling cost-push inflation. In issue 15 of the Flashnotes publication of KPMG in Nigeria, which was seen by Nairametrics, the firm emphasised the need for a balanced approach that [...]

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KPMG Report: Nigerian ATM Usage Plummets by 30% in 2023

Temitope Nlewemchi — Tue, 09 Jan 2024 22:44:55 +0000

In a recent report titled “In Pursuit of Value,” KPMG, in collaboration with Infostride News, has uncovered a significant transformation in the banking landscape in Nigeria and Ghana. The study, which delves into the experiences of customers throughout 2023, reveals a noteworthy decline in weekly ATM usage among Nigerians, dropping from a substantial 70% in [...]

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Inflation Surge: KPMG Forecasts Nigeria’s Rate to Hit 30% by December 2023

Temitope Nlewemchi — Tue, 14 Nov 2023 19:00:04 +0000

In a recent macroeconomic review for the first half of 2023 and an outlook for the second half, global financial advisory service firm KPMG, as reported by Infostride News, has forecasted a surge in Nigeria’s headline inflation, projecting it to reach 30% by December 2023. This prediction comes against the backdrop of Nigeria’s current headline [...]

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Global fintech investment hit $98bn in H1 2021 – KPMG

Temitope Nlewemchi — Sun, 22 Aug 2021 20:50:35 +0000

Total fintech investment reached $98bn from 2,456 deals in the first half of 2021, according to KPMG. The company, in its ‘Pulse of Fintech H1’21’ report, said this was more than the $87bn raised in H2 2020. The report said, “A wealth of dry powder, COVID-related digital acceleration, an increasingly diverse range of fintech hubs [...]

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Shoprite Sells Nigerian business after fighting with disruptions, repatriation of money

Temitope Nlewemchi — Fri, 04 Jun 2021 15:46:21 +0000

Shoprite, Africa’s largest food retailer, has sold its Nigerian operations to local investors 16 years after it opened its first outlet in the continent’s most populous country. The company sold its stake to Ketron Investment, a Nigerian company owned by a group of local investors led by property firm Persianas Investment, Ketron said in an [...]

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The Trans-African Highway: A Nine Road Network towards Development

Ade Adewale — Tue, 06 Nov 2018 21:23:06 +0000

The project of the Trans-African Highway is a 100,000-kilometre road network meant to connect all major cities in Africa and approximately 500-million people. In progress for decades, the continent has seen rapid development over the years, although the persisting lack of infrastructure has a significant impact on the continent. Due to poor infrastructure, the cost [...]

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Head – Power and Renewable Energy Job at KPMG Nigeria

Adewale A. — Sun, 17 Nov 2013 22:14:00 +0000

Job Title: Head, Power and Renewable Energy Ref Code: IFI002 Recruiter: KPMG Nigeria Reporting to the Executive Director, Projects and Advisory, the successful candidate will be responsible for sourcing and executing deals in the power sector. Key Responsibilities: • Originate transactions and manage investment teams while providing guidance for complex transaction structuring • Manage and [...]

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Investment Executive Job at KPMG Nigeria

Adewale A. — Sun, 17 Nov 2013 22:10:00 +0000

Job Title: Investment Executive Ref Code: IFI004 Recruiter: KPMG Nigeria Job Description: Reporting to the Investment Business Unit Head or the Executive Director, the successful candidate will be responsible for managing transaction work streams. Key Responsibilities • Participate in the development of investment and credit proposals. • Participate in the execution of large deals! transactions [...]

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Head – Strategy, Research and Corporate Communications Job at KPMG Nigeria

Adewale A. — Sun, 17 Nov 2013 22:08:00 +0000

Job Title: Head – Strategy, Research and Corporate Communications Ref Code: IFI001 Recruiter: KPMG Nigeria Job Description: Reporting to the Managing Director/ CEO, the successful candidate will be responsible for the development and execution of the Bank’s strategy. Key Responsibilities: • Drive the articulation of the overall corporate strategy and goals, and communicate same internally [...]

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