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Nigeria not hyperinflation economy – FRC
« on: January 23, 2025, 07:00:06 AM »
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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