Over 50 Nigerian firms embrace global sustainability reporting standards —FRC

By Progress Godfrey
ABUJA — The Financial Reporting Council of Nigeria (FRC) says more than 50 organisations are actively working towards adopting the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards.
Executive Secretary and Chief Executive Officer of the FRC, Dr. Rabiu Olowo, disclosed this yesterday   at the 5th Annual Nigeria Employers’ Summit in Abuja, themed,   “Leveraging Reforms and ESG for Enterprise Competitiveness and Inclusive National Growth.”
He said: “I am pleased to report that the response from the Nigerian business community has been encouraging. As we speak, over 50 organisations across various sectors of the economy are active...