TODAY March 17, 2021 The Central Bank of Nigeria (CBN) has appointed KPMG LLP as transaction adviser for the newly-created Infrastructure Corporation of Nigeria Limited (InfraCorp). The appointment was made after considering bids by other global professional services and management consultancy firms, which included PwC, Boston Consulting Group, and McKinsey. The Director, Corporate Communications, CBN, Osita Nwasinobi, confirmed the development. Nwasinobi, said the appointment of KPMG as transaction adviser was different from that of the asset manager, whose deadline was extended on Monday by two weeks, to March 30. President Muhammad Buhari had approved the launch of the N15 trillion company as part of efforts to reposition the economy and insulate it from external shocks after the COVID-19 pandemic.