FRC

The outgoing Finance Director of Nigeria's Central Bank, Benjamin. A. Fakunle has been arrested and detained by the Department of State Service (DSS) over his role in the seven-year audited accounts of the apex bank alleged to have been…

To provide full information, support investor decision-making and facilitate international comparability to attract capital, the Financial Reporting Council (FRC) of Nigeria will launch two International Financial Reporting Standards on…

The Fiscal Responsibility Fiscal Responsibility Commission (FRC) has received support from the International Monetary Fund, IMF, in the area of capacity development. Following the approval of the Minister of Finance, Budget and National…

It was 2017 and just like a coup plot, the announcement seeped through the airwaves on January 9 as Nigerians were settling down in the new year. Jim Obazee's removal from the Financial Reporting Council of Nigeria (FRC) climaxed the…

By UMORU ABDULKADIR The management of Union Dicon Salt Plc has notified its shareholders, the Nigerian Stock Exchange (NSE) and the general public of the reason for the company's delay in holding its Annual General Meeting (AGM)  for the…

UMORU ABDULKADIR As part of measures to currb quackery among professionals in the accounting and financial industry,  the Financial Reporting Council of Nigeria (FRC) has unveiled a new registration portal for professionals in the…

GBOLABO AFUWAPE  The Financial Reporting Council of Nigeria (FRC) yesterday inaugurated its Audit Regulation Working Group. The group is saddled with the responsibility of improving audit…

Mr Victor Muruako, Acting Chairman, Fiscal Responsibility Commission (FRC), says the passage of the 2018 Appropriation Bill by the National Assembly is a relief to the nation. Muruako said this while speaking to the News Agency of…

The worst is far from being over for Skye Bank as it is yet to submit its 2016 financial account to the Nigerian Stock Exchange (NSE), making it a laggard of the 16 listed commercial banks. The bank had promised to submit its accounts to…

Securities and Exchange Commission (SEC) has submitted the reports of the law review committee to the Senate to guide the lawmakers in their efforts to amend the Financial Reporting Council Act and four others. The others before the…