IFRS: Expert cautions against express conversion

A financial expert has cautioned banks against express conversion to International Financial Reporting System (IFRS). “Express conversion to IFRS is a waste”, said Mr. Ayo Othihiwa, Partner, KPMG Professional Services.
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Hearing on Al-Mustapha’s case for Nov 5

A Lagos High Court, yesterday, adjourned further hearing in the no submission case of Major Hamzat Al-Mustapha, former Chief Security Officer, CSO, to late military ruler, General Sani Abacha, and others, till November 5.

Welfare: Militants give 7-day ultimatum to Alaibe

Ten militants of South wing MEND, formerly coordinated by militant leader, Young Shall Grow, yesterday issued a 7-day ultimatum to the National Coordinator of the Amnesty programme, Chief Timi Alibe, to ensure improvement in their welfare.

Olugbodi nominated forAPCON fellowship

MANAGING Director of Verdant Zeal Communications Limited, Mr. Tunji Olugbodi, has been nominated as Fellow of the Advertising Practitioners Council of Nigeria, APCON.

ACN’s growing profile worries Presidency

PRESIDENT Goodluck Jonathan has told the National Chairman of Peoples Democratic Party, PDP, Dr. Okwesilieze Nwodo, that if the party fails to resolve the lingering crisis in the South-West, the 2011 general elections will be adversely affected in the zone

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