IFRS adoption has enhanced perception of Nigeria — Aganga

IFRS adoption has enhanced perception of Nigeria — Aganga

The adoption of International Financial Reporting Standards has enhanced the perception of Nigeria in the international community, Minister for Trade and Investment, Mr. Olusegun Aganga disclosed this at the 10th annual Financial Reporting Council summit held in Lagos. “The first phase of the adoption of IFRS in Nigeria has started producing enhanced perception for Nigeria,” he said.
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Amaechi decries drop in allocation from federation account

Amaechi decries drop in allocation from federation account

GOVERNOR Chibuike Amaechi yesterday expressed concern over the drop in funds accruing to Rivers State from N20 billion to N13 billion naira, saying the situation had created a major challenge for the state on how to raise funds for people-oriented projects.

FG urged to sustain 35% duty on crude palm oil

FG urged to sustain 35% duty on crude palm oil

Stakeholders at the just ended International Palm Produce Conference (IPPC) have urged the Federal Government to maintain the 35 percent duty on imported crude palm oil.

FG, BOA sign N2.4bn MoU on cassava bread development

FG, BOA sign N2.4bn MoU on cassava bread development

As efforts continues to intensify to make cassava bread a household staple, the federal government and the Bank of Agriculture, BOA, at the weekend signed a N2.4 billion Memorandum of Understanding, to facility the processing of cassava flour for self-sufficiency in cassava bread production and consumption.