Seven commercial banks listed on the Nigerian Exchange Group have collectively paid a total of N1.39 billion to auditing firms in the first quarter of 2023. This payment reflects the importance of financial audits for ensuring transparency and accountability in Africa’s largest economy.

Publicly listed companies in Nigeria are legally required to subject their accounts to scrutiny and audit by independent auditors, commonly known as the “Big Four” – PwC, KPMG, EY, and..........

https://ratecaptain.com/nigerian-banks-pay-n1-39-billion-to-auditing-firms-in-q1-2023/