The National Insurance Commission (NAICOM) has insisted that there is no going back on the implementation of the International Financial Reporting Standard (IFRS) 17 in 2023 as stakeholders raised concerns over loopholes in Nigeria’s approach.
9 Mar 2020
The federal government, through the National Insurance Commission (NAICOM), has inaugurated the Insurance Industry Financial Reporting Working Group (IIFRWG) that would drive steadying adoption of International...
17 Feb 2020
The insurance sector in Nigeria has the opportunity to compete with the peers around the globe once the much anticipated IFRS 17 is integrated, effective January 1, 2022.