PwC Nigeria

The year 2025 brings positive prospects of economic recovery for Nigeria. Expectations include tapered inflation, a stable exchange rate, and moderate economic growth, subject to sustained reforms and disciplined policy execution. Read our 2025 Economic Outlook for more insights: https://ow.ly/mqmg50UQWL8 #2025EconomicOutlook #NigeriaEconomy #PwCEconomicInsights

Sign up for our February #FinanceAcademy training to learn more about ‘Finance and Accounting for Non-Finance Professionals’. In this course, participants would gain an in-depth knowledge on basic financial terminologies and key accounting concepts. Save your seat: https://ow.ly/A8lt50UQY2f

PwC’s Africa Entertainment and Media Outlook 2024 highlights the growing influence of mobile connectivity on content consumption across Africa. Video content leads mobile data consumption across both South Africa and Nigeria. While video remains dominant in Nigeria, a significant portion of data usage is also driven by gaming, reflecting a distinct local preference. To explore how these trends are reshaping the future of Africa’s E&M industry, read here: https://ow.ly/HIAT50UQVR2 #PwCTMTAfrica #PwCOutlook #MediaInsights

Over the next decade, industries will be reconfigured, sector boundaries will blur, and competition will heat up. Business as usual is not an option. The answer? A business model reinvention that keeps step with what customers want and need, or better still, invents the customer needs of the future. 🎥 Watch how leading companies are reinventing themselves and challenging your industry, then explore more: https://pwc.to/3XN7z01 #BusinessModelReinvention

Watch PwC’s Kenneth Erikume, Partner and Lead, Tax Reporting and Strategy, was on News Central TV as he discusses Nigeria’s Economic Outlook for 2025. Full interview here: https://ow.ly/GHJ350UPlQt

One day to go! Enhance your Sustainability Reporting skills with our Sustainability Academy session this January. Upskill to ensure compliance, boost competitiveness, seize new opportunities, and optimise data management. Sign up now: https://ow.ly/g0E450UPjWI #PwCSustainabilityAcademy #SustainabilityReporting

Register now. Enhance your skills with our Sustainability Academy training on the ‘A-Z of Sustainability Reporting’. Learn to effectively communicate your sustainability efforts through impactful and transparent reports. Limited spots available. Sign up here: https://ow.ly/XYN450UOP4n #SustainabilityAcademy #SustainabilityTraining

I had the privilege of speaking at the PwC Nigeria & BusinessDay Executive Roundtable on Nigeria's 2025 Budget and Economic Outlook, where we explored the theme: 'Sectorial Implications of the 2025 Outlook and Budget: Opportunities and Risks.' During the panel session, I shared some thoughts on critical issues affecting Nigeria's energy sector and broader economic landscape: 1️⃣ Crude Oil Production: With a budget predicated on producing 2 million barrels of crude oil daily at $75 per barrel, I emphasized the need for Nigeria to adopt an "emergency mindset" for increased oil production. An incremental 500,000 barrels daily could generate an additional $10 billion annually—revenue that would significantly impact our exchange rate, economy, and fiscal stability. 2️⃣ Local Investments in Upstream Oil: Encouragingly, we're seeing local companies take center stage in acquiring upstream assets and driving oil production. Nigerians are stepping up, investing in exploration, and unlocking the value beneath our soil—a positive trajectory for our industry. 3️⃣ Post-Subsidy Realities & Energy Transition: The removal of subsidies brought sharp increases in petrol prices, but it has also opened doors to innovation and alternative energy sources. The adoption of CNG, LPG, and forward-looking investments in electric vehicle infrastructure is reshaping demand patterns. Rainoil, for example, is exploring these innovations to remain ahead of the curve. 4️⃣ Technology in the Downstream Sector: In a deregulated market, operational efficiency is non-negotiable. From preventing pilferage during transportation to adopting AI and advanced monitoring systems, technology remains the key to reducing losses and maximizing margins. 5️⃣ The Bigger Picture: While challenges persist—ranging from exchange rate volatility to declining purchasing power—there is hope. With stability returning to the market and policy clarity improving, 2025 could be a pivotal year for Nigeria's economic rebound. In a nation of over 200 million people, the opportunities for growth are limitless when we get our policies right. Let’s stay optimistic. Let’s act decisively. Let’s move forward. #Nigeria2025 #GIO

PwC’s Africa Entertainment and Media Outlook 2024-2028 is here. The report provides a comprehensive guide to the key trends shaping the E&M sector across South Africa, Kenya and Nigeria amid global economic challenges. This report explores key trends like 5G adoption, the rise of live events and the growth of OTT and internet advertising in Africa. Read the full report for more insights. https://ow.ly/CNQC50UOz2g #PwCTMTAfrica #PwCOutlook #MediaInsights

Over 4,700 CEOs in 109 countries and territories have shared their insights for the year ahead with us. Find out what they think their biggest opportunities and threats will be in our 28th Annual Global CEO Survey, out now! https://ow.ly/CLH850UO88f #CEOSurvey