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Tag: PwC

featured

African family-owned firms outperform global peers despite inflation – PwC 

Family-owned businesses across Africa are demonstrating strong resilience in the face of economic headwinds, with 66 per cent recording sales growth in the past year despite rising inflation, tax burdens and broader economic uncertainty. This is according to the PricewaterhouseCoopers Africa Family Business Survey 2025, which surveyed 79 family-owned businesses across East, West and Southern […]

Economy featured

Seven critical issues shaping Nigeria’s economy in 2026 – PwC

As Nigeria transitions from economic stabilisation to growth, PricewaterhouseCoopers has identified seven key themes that will influence whether 2026 becomes a period of sustained stability or marks the start of truly sustainable expansion. Nigeria’s macroeconomic indicators are showing positive alignment. Inflation slowed to 15.15 percent in December 2025, while the economy grew by 3.98 percent […]

PwC raises concerns on effects of FG's tax on bank profits
Food

Nigeria to face worsening food insecurity crisis in 2026 — PwC

Nigeria is projected to face a worsening food security crisis in 2026, with as many as 34.7 million people at risk of acute food insecurity. The projection is contained in PwC’s Nigeria Economic Outlook 2026 report titled “Turning Macroeconomic Stability into Sustainable Growth.” The report warned that without urgent and coordinated policy interventions, existing challenges […]

PwC raises concerns on effects of FG's tax on bank profits
Entertainment

Nigeria’s entertainment industry revenue to hit $4.9bn by 2026 — PwC

Nigeria’s entertainment and media industry is projected to generate revenues of $4.9 billion in 2026, rising from the $4.5 billion recorded in 2025, according to the 2026 PwC Nigeria Economic Outlook. The projection underscores the growing momentum within Nigeria’s digital economy, which the report identifies as one of the major drivers expected to shape the […]

PwC raises concerns on effects of FG's tax on bank profits
featured

Solar panel import ban could undermine energy progress – PwC

A new report by global consulting firm PricewaterhouseCoopers has urged the Federal Government to reconsider plans for an immediate restriction on solar panel imports, warning that such a move could undermine Nigeria’s fragile progress in energy access and weaken investor confidence in the renewable energy sector. Titled “Rethinking Nigeria’s Proposed Solar Panel Import Policy”, the […]

Business

KPMG, EY, PwC lead Nigeria’s audit boom with 65% yearly growth

Nigeria’s audit and assurance sector saw robust growth in 2024, with industry giants KPMG, Ernst & Young, and PricewaterhouseCoopers, leading a revenue surge to N28.2 billion, a 65% increase from N17.1 billion in 2023. According to Nairametrics Research data on the top 50 publicly quoted companies, the Big Four—KPMG, EY, PwC, and Deloitte—cemented their dominance, […]

PwC raises concerns on effects of FG's tax on bank profits
News

Telecom industry to reach $1.3trn revenue by 2028 – PwC Report

PricewaterhouseCoopers’ Global Telecom Outlook 2024-2028 projects that the telecommunications industry will generate $1.3 trillion in revenue by 2028, despite sluggish growth and pricing challenges. According to the report, total service revenue from fixed and mobile networks grew by 4.3% in 2023, reaching $1.14 trillion. However, the industry’s revenue growth rate is projected to decline in […]

PwC raises concerns on effects of FG's tax on bank profits
News

PwC raises concerns on effects of FG’s tax on bank profits

Tax and Advisory Service firm, PricewaterhouseCoopers, has raised concerns over the potential adverse effects of the federal government’s proposed legislation to tax already reported profits of banks in 2023. In its response to the amendment of the finance act and the introduction of a one-time windfall tax on commercial banks’ foreign exchange revaluation gains, titled […]

PwC set to become OpenAI’s biggest reseller
News

PwC set to become OpenAI’s biggest reseller

PwC will become the largest customer and first reseller of OpenAI’s enterprise product as part of a new deal, the accounting giant announced on Wednesday. This move underscores the growing trend of businesses adopting and capitalizing on generative artificial intelligence. PwC plans to roll out ChatGPT Enterprise, a specialized version of the AI startup’s chatbot […]

PwC records $53.1bn revenues
News

PwC records $53.1bn revenues

    Accountancy and consulting firm, PwC, said it recorded global revenues of $53.1 billion in the fiscal year that ended June 30, reflecting 11.8% growth in local currency, excluding the impact of the sale of its immigration advising business in April 2022 and its pullout from Russia. According to The Times, recently released data […]

FG, PWC partner on roadmap for solid minerals
News

FG, PWC partner on roadmap for solid minerals

Bisola David The Federal Government has committed to working with the top consulting firm, PricewaterhouseCoopers, in implementing the seven-point roadmap to reform the industry. This commitment is being made through the Ministry of Solid Minerals Development. According to a statement released on Sunday by the Special Assistant for Media to the Honourable Minister of Solid Minerals Development, […]

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