The Financial Reporting Council of Nigeria (FRC) has rejected the suggestion that Nigeria is a hyperinflationary economy as outlined by ...

The IAS 29 is a reporting standard that prescribes rules for financial reporting for companies that use the currency of a ...

The Financial Reporting Council (FRC) says Nigeria does not qualify as a hyperinflationary economy under existing standards.

IAS 29, titled Financial Reporting in Hyperinflationary Economies, provides accounting guidelines for countries experiencing hyperinflation.

The Financial Reporting Council of Nigeria (FRC) on Wednesday pointed out that Nigeria was not yet a hyperinflation economy. A statement signed by its Exec­utive Secretary/Chief Executive Officer, Dr.

The Financial Reporting Council of Nigeria has said Nigeria is not yet in a hyperinflation economy and warned corporates to ...

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