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Corporate Press Releases

PwC holds Capability Enhancement Workshop for Journalists

This year, the topics discussed at the workshop were determined by the participants.

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tax, PwC Nigeria, Taiwo Oyedele

Leading professional services firm, PwC Nigeria has again hosted its annual Capability Enhancement Workshop for journalists.

The half-day workshop which held virtually in line with COVID-19 protocols around large gatherings, had participants from traditional broadcast, print and new media platforms. It featured insightful presentations on various topics by subject matter specialists with the aim of building the capacity of journalists and enhancing their ability to execute their duties effectively while positioning themselves to take advantage of future opportunities.

The annual workshop, which is now in its seventh year, is a key component of PwC’s Corporate Responsibility strategy. It was instituted in recognition of the very important role of the media in society and in particular, the role that the media in Nigeria has and continues to play in informing and educating the public.

“Our support for the media through this workshop and the media excellence award is in line with our purpose which is to build trust in society and solve important problems. It is a demonstration of our strong belief that for the Nigerian people to enjoy good governance, the media must perform its role optimally and professionally and this is reflected in the quality of reporting, in the capacity of individual journalists to carry out research and investigations, in the independence of editorial judgments, and in their ability to use technology as an enabler. As a firm, we have been supporting various stakeholders in their responses to the COVID-19 pandemic and this is one of such interventions,” said Taiwo Oyedele, Fiscal policy Partner and West Africa Tax Leader at PwC in his opening remarks at the session.

This year, the topics discussed at the workshop were determined by the participants who made their pick from a pool at the point of registration.

The topics include “Economic sustainability: Tracking and reporting the metrics that matter” facilitated by Dr. Andrew S. Nevin, Partner and Chief Economist, PwC Nigeria. The session observed with examples, the issues with merely regurgitating data and statistics without providing sufficient context or insights, which readers often find to be of little use. He pointed participants to track key metrics such as the Sustainable Development Goals (SDGs), and other policy pronouncements of governments which they can use to benchmark their analysis of NBS statistics and enrich their general reporting on the economy.

Editor-in-Chief at Stears Business, Tokunbo Afikuyomi, facilitated a session on “Journalism and the new normal: challenges and opportunities” during which he shared the impact of the COVID-19 pandemic on news consumption patterns and what this means for the fortunes of journalists and their media houses. He noted that in times of uncertainty, trustworthy reporting becomes even more important than the speed to break the news. He noted that with the shift to digital platforms by consumers, reporters must balance the rush to be the first to publish with providing factual information written from a unique angle that adds value to the readers. He emphasised the need for clarity of thoughts and clarity of expression for excellent reporting.

The third session titled “CAMA 2020, Nigeria’s competitiveness and ease of doing business” was led by Taiwo Oyedele who provided an overview of the new law which he noted is the most important business regulation in Nigeria especially as it has significant impact on doing business, competitiveness, attracting investments, and economic growth. He observed the controversies it has generated before providing analysis of the key provisions and changes introduced by the new law compared to the old version that had been in operation since 1990. Going forward, Taiwo stated the need to Gazette the law with a future commencement date to facilitate ease of transition while emphasizing the importance of effective implementation. He noted the need to harmonise CAMA with other laws such as the Companies Income Tax Act which still requires audited accounts by all companies regardless of size. In addition, more flexibility is required for foreign companies who wish to operate business in Nigeria such that a branch registration should be permitted while incorporating a subsidiary will be optional. It is also necessary to ensure that the new law is kept under constant review with more frequent amendments or re-enactment say every five years.

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Participants were able to engage the speakers on their topics and related issues in an open interactive session during which the facilitators fielded questions from the journalists.

The capacity enhancement workshop precedes the award gala-nite for the announcement of winners of this year’s PwC Media Excellence Awards, which is scheduled to hold virtually on Friday 2 October 2020.

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About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more than 270,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

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Corporate Press Releases

CWG Plc gets ISO 27001 and ISO 22301 certifications

CWG also passed the ISO 9001 in Quality Management System recertification audit, which was issued by the SON.

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The leading technology solutions provider in West Africa, CWG Plc, has been issued both the ISO 27001 in Information Security Management System and ISO 22301 in Business Continuity Management System certifications.

According to CWG’s Head of Quality Assurance and Business Intelligence, Bunmi Adewunmi, ‘In addition to receiving these certifications, CWG also passed the ISO 9001 in Quality Management System recertification audit, which was issued by the Standard Organization Nigeria (SON).

“We are thrilled that CWG Plc has been awarded the globally acclaimed and coveted ISO 27001 and ISO 22301 certifications in recognition of our dedication towards quality and commitment to the highest level of information and data security management systems,” Adewunmi said in a statement.

The statement added that these certifications reflect CWG’s efficiency and determination in providing impeccable services, which has established the ICT company in four African countries as a world-class brand.

While assuring that CWG Plc will continue to offer high-quality services using international standards the Pan-African ICT company believes that its enthusiasm for developing long-term initiatives is growing and performance at all levels improving too.

Both ISO 27001 and ISO 22301 certifications are internationally recognized standards that define a framework for how modern organizations should manage information and data, as well as the policies and procedures that govern information risk management processes.

The certificates were issued to CWG by Canadian based PECB MS, a global provider of audit and certification services that offer its expertise on multiple fields, including but not limited to Information Security, Quality Management, Business Continuity, Service Management, Health, Safety and Environmental Management. said after an annual surveillance audits, it found CWG Plc to be in accordance with the management system requirements in ISO 22301.

“We hereby certify that the management system of CWG Plc has been assessed and found to be in accordance with the management system requirements in ISO/IEC 27001 and ISO 22301,” the certificates show.

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The scope of the certifications includes Human Resources and General Services, Finance and Accounts, Treasury, Software Development, Internal IT Services, Procurement/Logistics, Internal Control, Corporate Development/Quality Assurance & Metrics, Business Development/Product Management, Data Center & DR Sites, Corporate Finance, Brand and Marketing Communications, Legal, ATM Support Operations.

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Corporate Press Releases

UBA Business Series to equip SMEs with Performance Management Strategies for Organisational Growth

UBA has been assisting with essential tips to help businesses ensure that they stay afloat and remain thriving.

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As part of its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSME) in the continent, Pan African financial Institution, United Bank for Africa (UBA) Plc, is set to organise the next edition of its UBA Business Series.

The UBA Business Series which is a monthly event, is an MSME Workshop as well as a capacity-building initiative of the bank where business leaders and professionals share well-researched insights on best practices for running successful businesses, especially in the face of the difficult operating environment that dominates the African business landscape.

Through this initiative, UBA has been assisting with essential tips to help businesses re-examine their models and strategies and ensure that they stay afloat and remain thriving.

The topic for the next edition of the series is ‘ Managing Performance for Business Growth,’ and it will be held on Wednesday, April 14, 2021, via Microsoft Teams. At this session, the Managing Director, Secure ID Limited, Mrs Kofo Akinkugbe, will be sharing useful tips and insights on the key strategies of performance management to boost business growth.

Akinkugbe is the founder of SecureID Nigeria, a MasterCard, VISA and Verve certified Smartcard Personalization Bureau and Digital Technology company. She currently serves as the Managing Director/CEO, Secure Card Manufacturing, – a Smartcard manufacturing plant producing high-security identity cards and documents for the Banking, Telecoms and Public sectors across Africa and beyond.

The capacity-building event is a virtual session which is open to all – including business owners and leaders – and will be held on Wednesday, April 14th, 2021, at 2pm WAT. Interested participants can register via http://bit.ly/UBASMEWorkshopMarch2021

UBA’s Head, SME Banking, Sampson Aneke said of Akinkugbe, ‘with her vast experience garnered over the years from various sectors, she will help business owners understand how performance management strategies can be effectively implemented to ensure business growth’.

He emphasised UBA’s commitment and deep passion for small businesses, which according to him, remains the engine of any developing economy adding, “We know small businesses are the backbone of the economy in every country. In many climes, businesses with fewer than 100 employees account for 98.2% of all businesses. This no doubt captures the importance of SMEs to a thriving economy which is why UBA is committed to seeing them flourish.”

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