IAS 29 should not be used for 2025 financial statements  —  FRCN

•Says Nigeria not yet hyperinflationary economy   By Elizabeth Adegbesan   The Financial Reporting Council of Nigeria, FRCN, has advised that the IAS 29: Financial Reporting in Hyperinflationary Economies should not be applied to prepare financial statements for the 2025 financial year. According to FRC, the advice is based on its January 2025 position which sees the country’s […]
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MKH Properties partners Oyo govt to launch new shopping mall in Agodi

In response to the urgent need for modern retail infrastructure following recent challenges faced by traders at Agodi Market in Agodi Community, Ibadan, Oyo State, after the devastating fire incident which destroyed several shops at the market, MKH Properties, a fast-growing real estate firm, is set to unveil a new mall at Agodi Market— The […]

Agbor monarch tasks community union on peace, sustainable devt

By Victor Ahiuma-Young The Dein of Agbor Kingdom, His Royal Majesty, Dr. Benjamin Ikechuku, Keagborekuzi I, has urged the leadership of the Agbor Community Union (ACU) to remain focused on implementing its policy document aimed at fostering peace and sustainable socio-economic growth and development in Agbor. Dein Ikechuku gave the advice while hosting members of […]

Enugu to host over 10,000 tech enthusiasts

The Enugu State Government, through its Ministry of Innovation, Science and Technology, has announced its readiness to host more than 10,000 tech enthusiasts at the upcoming Enugu Tech Festival.

NELFUND: Against a culture of impunity, by Dakuku Peterside

When the Nigerian Education Loan Fund, better known as NELFUND, was unveiled, it landed like a spark in a dry forest of despair. It brought a glimmer of hope, like a bold attempt to democratise access to higher education in a country where tuition fees are a barricade and scholarships are too few, too politicised, or […]

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