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Tag "FRC"

FRC imposes N500m penalty on NIMASA for noncompliance with financial reporting standards

    FRC imposes N500m penalty on NIMASA for noncompliance with financial reporting standards

The Financial Reporting Council of Nigeria (FRC) has suspended the 2018 audited financial statement of the Nigerian Maritime Administration and Safety Agency (NIMASA) for non-compliance with financial reporting standards. In

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Companies, government institutions falling short of Financial Reporting Act, says FRC

    Companies, government institutions falling short of Financial Reporting Act, says FRC

Rabiu Olowo, executive secretary and chief executive officer of the Financial Reporting Council (FRC) says there is concerning evidence that numerous entities and government institutions are falling short of the

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FRSC failed to remit N5.1bn into federation account in four years, says fiscal commission

    FRSC failed to remit N5.1bn into federation account in four years, says fiscal commission

The Fiscal Responsibility Commission (FRC) says the Federal Road Safety Corps (FRSC) failed to remit N5.1 billion into the federation account. The unremitted fund is said to be part of

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FRC: New code of corporate governance applies to ALL companies

    FRC: New code of corporate governance applies to ALL companies

The Financial Reporting Council of Nigeria (FRC) says all companies in the country must adhere to the new version of the code of corporate governance. Daniel Asapokhai, chief executive officer,

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FRC code should not have been implemented in the first place, says PFN

  FRC code should not have been implemented in the first place, says PFN

The Pentecostal Fellowship of Nigeria (PFN) has expressed support for the suspension of the  corporate governance code of the Financial Reporting

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CAN thanks Buhari for firing Obazee

  CAN thanks Buhari for firing Obazee

The Christian Association of Nigeria (CAN) has hailed Jim Obazee’s removal as executive secretary of the Financial Reporting Council of

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Fayose: The God of Adeboye, Kumuyi will bring down the enemies in this government

  Fayose: The God of Adeboye, Kumuyi will bring down the enemies in this government

Ayodele Fayose, governor of Ekiti state, has accused the federal government of rising against Christians in Nigeria with the recent

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Court restrains FRC from sanctioning KPMG

  Court restrains FRC from sanctioning KPMG

A federal high court in Lagos has restrained the Financial Reporting Council of Nigeria (FRC) from taking any action, sanction

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Stanbic IBTC shares soar following CBN ‘backing’

  Stanbic IBTC shares soar following CBN ‘backing’

Stanbic IBTC saw its shares soar following a letter from the Central Bank of Nigeria (CBN) to the Financial Reporting

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FRC suspends Stanbic IBTC directors, KPMG

  FRC suspends Stanbic IBTC directors, KPMG

The Financial Reporting Council (FRC) has requested that the Central Bank Nigeria (CBN) and the Economic and Financial Crime Commission

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