IoD, FRC partner to train SMEs on corporate governance
Plans are underway by the Institute of Directors (IoD) Nigeria, in partnership with the Financial Reporting Council of Nigeria (FRCN) to train Small and Medium Scale Enterprises (SMEs) on corporate governance, to assist them maintain high standards of business ethics and integrity in their operations. The agreement was sealed over the weekend when the governing…
New rule restricts MDs from succeeding board chairmen
It may soon become illegal for the managing director and chief executive officer of a publicly quoted company to succeed the chairman of the board of directors, except after a period not less than three years of exiting the first position.
FRC moves to review financial reports’ code
The Financial Reporting Council (FRC) has commenced a nationwide engagement of stakeholders to review its operational code. The Chief Executive of the FRC...