Nigeria not hyperinflation economy – FRC

Nigeria not hyperinflation economy – FRC

The Financial Reporting Council of Nigeria has said Nigeria is not yet in a hyperinflation economy and warned corporates to adopt International Accounting Standard 29 in preparing their financial records for 2024. FRC in a statement signed by its Executive Secretary/Chief Executive Officer, Dr Rabiu Olowo, on Wednesday, noted that the conditions were not right

 
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Source: Nigeria not hyperinflation economy – FRC

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