Tag

FRC

Navigating Nigeria's Regulatory Landscape: A Comprehensive Guide for Businesses to Ensure Compliance and Good Governance.
The House of Representatives Public Accounts Committee has mandated the Securities and Exchange Commission (SEC) and Fiscal Responsibility Commission (FRC) to reconcile the N45 billion unremitted operating surplus from 2007 to 2021 within 21 days.
The Financial Reporting Council of Nigeria (FRC) has called on Chief Financial Officers in both private and public sectors to play a major role in integrating sustainability reporting in the financial reporting framework.
FRC said President Bola Tinubu will unveil a Code of Corporate Governance for all public institutions in the first quarter of 2024.  
FRC of Nigeria has called for the acceleration of getting a corporate governance code for the public sector in Nigeria.
The Nigerian Government recently drafted the Corporate Governance Guidelines 2023, which will help promote good corporate governance across sectors in Nigeria’s economy. 
The Executive Secretary, of the Financial Reporting Council (FRC) Nigeria, Ambassador Shuaibu Adamu has revealed that Nigeria is the only African country that has been selected to launch the IFRS S1 and IFRS S2.
The Commission generated the revenues through interests on capital, dividends, and rental incomes, as captured by the Fiscal Responsibility Act of 2007
The EFCC and the Fiscal Responsibility Commission have announced plans to work together in blocking budget leakages.
FRC allegedly spent N66 million on unoccupied building and N28 million on 64 payment vouchers.