FRC – InfoStride News

FRC, SEC Advocate Ethical Governance at SCGN’s 20th Anniversary Celebration

Temitope Nlewemchi — Sat, 11 Oct 2025 17:53:30 +0000

Nigeria’s drive toward stronger corporate ethics and responsible governance received renewed momentum as the Financial Reporting Council (FRC) and the Securities and Exchange Commission (SEC) jointly championed the call for higher ethical standards in the private and public sectors. This took place during the 20th anniversary celebration of the Society for Corporate Governance Nigeria (SCGN) [...]

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FRC won’t register AI for actuarial services, says Olowo

Temitope Nlewemchi — Fri, 28 Jun 2024 08:40:36 +0000

The Chief Executive Officer of the Financial Reporting Council, Dr Rabiu Olowo, has said that Artificial Intelligence cannot take over the jobs of professional actuaries in Nigeria because it will not be registered. He stated that in his keynote address at the 2024 Annual Industry Conference of the Nigerian Actuarial Society held in Lagos, where [...]

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FRC Foresees Transparency Boost with Introduction of New Accounting Tool

Temitope Nlewemchi — Sat, 24 Feb 2024 21:32:42 +0000

In a move towards fostering transparency in financial reporting, the Financial Reporting Council (FRC) has announced the introduction of a new accounting tool. The regulatory body anticipates that the implementation of this tool will enhance transparency in financial reporting practices, bringing about positive implications for businesses, investors, and the broader financial community. The Infosride explores [...]

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EFCC To Train FRC Operatives

David Folami — Thu, 16 Jun 2016 10:24:05 +0000

The Economic and Financial Crimes Commission (EFCC), has expressed readiness of the commission to offer the required training to officers of the Fiscal Responsibility Commission (FRC), in order to enhanced its operations. Mr Ibrahim Magu, the acting Chairman of EFCC gave the assurance on Wednesday in Abuja when he received a delegation from the FRC, [...]

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FRC Recovers More Than 360bn Naira From Ministries Departments and Agencies

Wale Adebayo — Tue, 24 Nov 2015 19:57:59 +0000

The Fiscal Responsibility Commission (FRC) Monday said it recovered over N360 billion from the operating surpluses of Ministries Departments and Agencies (MDAs). The chairman of the commission, Victor Muruako said this during a 2-day training tour of Ebonyi State Fiscal Responsibility Commission to FRC Abuja. “As part of our mandate, we have gone out to [...]

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