Month April 2024

KPMG Fined $25Million Over Exam Cheating Scandal

KPMG Netherlands has been fined $25 million by the US regulator Public Company Accounting Oversight Board (PCAOB) for widespread cheating during compulsory exams and misleading regulators in the US and the Netherlands. “The PCAOB found that widespread improper answer sharing…

Guinea Secures $15bn Financing For Simandou Iron Ore Project

IN a landmark development, the government of Guinea revealed on Tuesday that stakeholders involved in the Simandou iron ore project have inked financing agreements worth a staggering $15bn. The agreements, aimed at bolstering crucial infrastructure, represent a significant step forward…

Nigeria’s Electricity Rate Hike Sparks Public Outcry

A RECENT surge in electricity rates in Nigeria, the most populous country in Africa, has triggered widespread discontent among businesses and consumers, highlighting the challenges posed by economic reforms initiated by President Bola Tinubu’s administration. Jude Okafor, a small business owner running…

War: US Responds To Iran’s Threat To Attack Israel

PRESIDENT of the United State of America, Joe Biden has vowed that his country’s commitment to defend Israel against Iran was “ironclad”. This comes over concerns in Washington that a “significant” Iranian strike could happen within days. Trojan News reports…