…Approves 2 for 2016. The apex insurance regulatory body, the National Insurance Commission (NAICOM), has approved the status of  2015 financial statements of 48 out of the 54  insurance companies in the country as at March 8, 2017. In the approval which was made available to...

The Fiscal Responsibility Commission(FRC) says the debts include domestic debt (N9.73 trillion or 82.20%) and external debt (N2.11 trillion or 17.80%). Of the debt stock, the Federal Government has about N10.29 trillion, comprising domestic debt of N8.84 trillion or 85.96% and external debt of N1.44...

The nation’s Organised Private Sector comprising the Nigeria Employers’ Consultative Association (NECA), Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and Manufacturers Association of Nigeria (MAN) have thrown their weight behind the Financial Reporting Council of Nigeria, FRC on the recently...

A group under the aegis of Information for Democracy and Development (IDD), a non-governmental Organization (NGO) has berated undue interference and unconstructive criticism of the Financial Reporting Council of Nigeria ,FRC and its current Executive Secretary/CEO, Mr Jim Obazee. In a statement signed by Mallam...

Some faceless but powerful persons recently launched a campaign of calumny against the Financial Reporting Council of Nigeria, FRC and in particular, its Executive Secretary/CEO,Jim Obazee. Their aim is to rubbish the integrity of Obazee and put FRC into disrepute. As you may well know...

...Aborts plan to make Council rubber stamp President Muhammadu Buhari has rejected the recommendation of the Minister of Industry, Trade and Investment, Okechukwu Enelamah to remove from office, the executive secretary of the Financial Reporting Council (FRC), Jim Obazee. FRC is a parastatal under the ministry...