The Senate on Wednesday, March 24, mandated the Financial Reporting Council of Nigeria to refund the sum of N66 million expended by the agency for a...
Commercial banks in the country are henceforth regulation-bound to get the nod of the Fiscal Responsibility and Commission (FRC) as parts of the precedent conditions for...
The Nigerian government took receipt of remittances topping N1.8 trillion in the last 12 years as operating surplus from Ministries, Departments and Agencies into its Consolidated...
A report by the Fiscal Responsibility Commission (FRC) on the key components of the 2017 federal budget has revealed that the Federal Government had an expenditure...
The Fiscal Responsibility Commission (FRC) has begun investigation of Ministries, Departments and Agencies (MDAs) of government indicted by Auditor-General of Federation’s (AuGF) report over non-submission of...
The Financial Reporting Council of Nigeria (FRC) has opened up on plans to reintroduce its proposed harmonised National Code of Corporate Governance (NCCG) that was suspended...
The Federal Government withdrew the sum of N359.39bn from the Excess Crude Account in 2015 to fund the payment of petroleum products subsidy in 2015, the...
Atedo Peterside, has resigned from the board of Stanbic IBTC Bank Plc as chairman, with effect from March 31, 2017. Peterside served as the Chief Executive...
Recently, the issue of how much regulation government should have over nonprofit bodies like churches became a matter for public discourse, when a new regulation by...
The House of Representatives has declared that the new regulation of the Financial Reporting Council (FRC) of Nigeria, is illegal. The new FRC regulation had led...
The External auditors to Stanbic IBTC Holdings Plc, KPMG, has indicated that it would not sign off the much-awaited 2015 financial statement of the financial services...
Oando, Nigeria’s indigenous integrated energy group, may record a pre-tax loss of not less than N70 billion in the 2015 business year, according to preliminary review...
By Ali Smart The tension generated by the suspension of directors of Stanbic IBTC Holdings and the KPMG is yet to abate with the appeal by...
In from Ali Smart . . . The Fiscal Responsibility Commission (FRC) on Monday hinted that it recovered over N360 billion from the operating surpluses of...
The Central Bank of Nigeria, CBN, yesterday faulted the Financial Reporting Council’s indictment of Stanbic IBTC Holdings Plc, describing it as baseless and lacking in merit....
In from Ali Smart . . . The last may not have been heard of the Stanbic IBTC saga following the suspension of the bank’s directors...
