NGX Group Chair, Umaru Kwairanga, Congratulates Mutallab on Funtua Inland Dry Port

L:R: Mr. Mounir Gwarzo, Director General (DG), Securities and...

Google’s dominance over the smartphone landscape appears to be...

L-R: Mrs. Enonuya Angela- Assistant Director, Personal Income Tax,...

A Federal High Court in Ikoyi, Lagos, has ordered...

At "Andersen U.," the lush, 150-acre campus where Arthur Andersen LLP has trained tens of thousands of new recruits, there's a shrinento ethical accounting. A display in the Andersen Heritage Center is devoted to yellowing press clippings of a long-ago campaign to clean up the accounting industry by Leonard Spacek, who led the firm from 1947 to 1963. In one, he accused Bethlehem Steel of overstating its profits in 1964 by more than 60%. In another, he bashed the Securities and Exchange Commission for failing to crack down on companies that cooked their books, saying that at best the regulatory agency has been "a brake on the rate of retrogression in the quality of accounting."

At first, it was a rumour. Then, the rumor became stronger. And then, the rumour became political allegation that the federal and state governments could no longer pay salaries because public funds were deployed by the two major political parties to prosecute the 2015 general elections. Today, the situation has become a national embarrassment that Nigeria cannot pay its civil servants-from federal government to state governments. While actual figures of the total indebtedness at the federal and state levels is difficult to ascertain, various media reports quoted N110 billion as the total sum due to the unfortunate government employees.

It’s a season of divine victories for Nigeria! A victorious season that began with peaceful conduct of presidential election on Saturday, March 28, 2015 and equally peaceful handover of political power to another political party at the centre. It was also a political milestone when the defeated incumbent president freely conceded defeat and congratulated his opponent-an exemplary conduct in our clime.

A statement by Mr. Osita Nwanisobi, Director, Corporate Communications...