In a strategic move to deepen collaboration and reinforce commitment to transparency and good governance, the Institute of Internal Auditors (IIA) Nigeria paid a courtesy visit to the Financial Reporting Council of Nigeria (FRC).
The visit, which took place at the FRC head office in Abuja, brought together key representatives from both organizations, with the shared goal of enhancing cooperation in promoting high standards of financial reporting, internal control, and corporate governance across both public and private sectors.
Leading the IIA Nigeria delegation was Mr. Ambrose Enuma, CEO of IIA Nigeria, who expressed appreciation to the FRC for the warm welcome and reaffirmed the Institute’s commitment to supporting national efforts in institutional strengthening and regulatory compliance.
Mr. Ambrose Enuma, CEO IIA Nigeria, and Mr. Tolulope Odukale, Director IIA Nigeria; Mr. Ibrahim Anas, Director IIA Nigeria, & Mr. Ibrahim Alkali, Member IIA Nigeria.
In his remarks, Mr. Ambrose Enuka noted that internal auditors play a critical role in ensuring accountability and transparency in financial reporting. She highlighted the importance of collaboration with regulatory bodies such as the FRC in building a culture of integrity and robust governance practices.
The Executive Secretary/CEO of the FRC, Dr. Rabiu Olowo, welcomed the delegation and applauded the IIA Nigeria for its steadfast efforts in advancing the internal audit profession. He emphasized the Council’s openness to partnerships that drive quality reporting and improve public trust in financial disclosures.
Discussions during the visit centered on areas of mutual interest, including capacity-building initiatives, policy advocacy, and the development of audit and reporting frameworks that align with global best practices.
Both institutions agreed on the importance of continuous engagement and knowledge sharing as a means of strengthening Nigeria’s financial reporting ecosystem and fostering sustainable economic growth.
The visit concluded on a positive note, with both parties expressing optimism about future collaborations and the shared vision of promoting excellence, accountability, and ethical standards in Nigeria’s financial sector.
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