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IFRS

5 Jun 2021
The world as a whole is in a transition and that transition started from combustion by airlines, cars and ships, all of which consume almost 60 per cent of the demand for oil in the world.
9 Nov 2020
Following the mayhem that trailed the protest in Lagos, authorities have begun a verification and valuation exercise for state-owned property.
3 Nov 2020
The Financial Reporting Council of Nigeria (FRC) has called for improved adoption of the International Financial Reporting Standards (IFRS) and National Code of Corporate Governance (NCCG 2018), which were issued in 2019, for financial institutions in the country.
19 Mar 2020
Considering the harsh economic environment, the new Data Protection Act and the Nigerian Code of Corporate Governance (NCCG) 2018, have been described as opportunities
23 Dec 2019
The Financial Reporting Council of Nigeria (FRC) has called on the Federal Government to urgently intervene in the disputed landed property at Guzape, Federal Capital Territory (FCT)
26 Sep 2019
Effective risk management culture and practices have consistently dominated the strategic plans of the players in the nation’s finance sector but seem to be short-lived, as the overall results have been sub-optimal, the Asset Management Corporation of Nigeria (AMCON) has noted.
3 Jul 2019
Following the adoption of IFRS 9, about 10.9 per cent of the loan book in the banking industry, representing ₦1.5trillion are in Stage 3 (impaired), as at December 2018, according to the recently released banking industry report by Agusto & Co. 
26 Apr 2019
Nnamdi Okonkwo is the Managing Director/CEO, Fidelity Bank Plc, and he is passionate about leaving a legacy with the bank, if only of taking it to a Tier 1 position as a very strong player. In this interactive session with select journalists, he insists the numbers indicate that the bank is on track on making…
18 Mar 2019
United Bank for Africa Plc (UBA) has achieved N494 billion gross earnings in its 2018 operations, against to N461.6 billion recorded in the corresponding period in 2017.   The bank’s Profit After Tax (PAT) also rose from N77.5 billion in 2017, to N78.6 billion during the year under review.   These were contained in its…
4 Mar 2019
Operators in the nation’s insurance industry may have to take the issue of capital requirement to top their business strategy as the National Insurance Commission...
4 Feb 2019
CEAT Fixed Income Fund has reiterated its commitment to helping its investors and stakeholders to boost the returns on their investment across the country. The Managing Director, CEAT, Babatunde Tinubu, said this during the second general meeting of CEAT, while presenting its IFRS reports and financial statements for the year ended 30 June, 2017 in…
22 May 2017
A surprise windfall, which could provide valuation jobs for estate surveyors, may be underway in the next few months, if the federal authorities adopt and implement a radical plan proposed...

Latest

3 mins ago
Sir: Mustapha Babai, Minister of State for Agriculture, President Muhammadu Buhari’s representative on Saturday, 8/ 1/2021 at the national prayer session for the country organised by the Kano State Government...
9 mins ago
11 mins ago
Inspector General of Police, Usman Alkali Baba, is beaming his searchlights on the Chairman of Akwa Ibom State chapter of the All Progressives Congress (APC), Mr. Leo Ntukekpo, over alleged perjury and forgery.
11 mins ago
The police in Delta State have nabbed a 25 year - old Liyo Okiri, a notorious armed robbery suspect said to be terrorising Sapele with one locally made pistol, two live cartridges and one expanded cartridge.
16 mins ago
The University of Ilorin Teaching Hospital (UITH) has said over 10 healthcare providers in the hospital were assaulted by patients’ relatives in the last one-month.