Finance
NAICOM insists financial statements must be IFRS-compliant in 2012
Mr Nicholas Opara, Acting Director, Supervision, National Insurance Commission (NAICOM), says the commission will insist that all financial statements in the country must comply with the International Financial Reporting Standard (IFRS) with effect from 2012. Opara said on Friday in Ijebu-Ode, Ogun that the government approved 2012 as effective date for the compliant period and that NAICOM was obliged to achieve it.
According to him, the Commission is doing all it can to ensure that the insurance industry transit effortlessly to IFRS in 2012.
-
News1 day agoCardoso formally receives Central Bank of the Year Award
-
Economy1 day agoNigeria’s Digital Boom needs nuclear power partnerships for long-term success
-
Finance2 hours agoElon Musk becomes world’s first trillionaire as SpaceX shares soar on stock market debut
-
Uncategorized1 day ago
June 12 Democracy Day declaration not enough, as citizens wallow in pain – ActionAid, FG declares Friday public holiday
-
Stock Market2 hours agoFG to raise N4trn bond to settle electricity debt
-
Oil and Gas1 day agoNNPC is house of thieves, fraud; Kyari must be arrested dead or alive to account for N210 trillion—Oshiomhole
-
Oil and Gas1 day agoDangote Refinery seeks $1bn private placement ahead of planned listing
-
News1 day agoMiddle East Conflict sends global growth to lowest rate since COVID-19, WBG to Provide up to $100bn for Affected countries over 15 Months—WBG