The Financial Reporting Council (FRC) of Nigeria is pleased to release the 3rd edition of its biannual Newsletter, the official publication of the FRC. This edition, covering the period from April to December 2025, highlights some of the Council’s most remarkable achievements and initiatives in what has been an outstanding year of progress and impact.
New Editorial Board Member Joins FRC Team
The FRC welcomes Ezinwanne D. Nnoruka (Mrs.) to its Editorial Board, following the retirement of Dr. Iheanyi O. Anyahara from the Council. As Board Secretary/General Counsel & Head of Human Resources, Mrs. Nnoruka brings extensive expertise. Her contributions will advance the Council’s communication and knowledge-sharing efforts.
Global Recognition in Sustainability Reporting
This issue celebrates FRC’s prestigious win of the UNCTAD-ISAR Leadership in Sustainability Reporting Honours, with Nigeria as the only African country recognized. This milestone affirms the Council’s commitment to elevating sustainability and financial reporting standards worldwide.
Leadership Legacy and Key Initiatives
It also honours Dr. Rabiu Olowo’s historic tenure as Chair of UNCTAD-ISAR, where he built a lasting global legacy, alongside his transformative two-year leadership at the FRC. Highlights include integrating standards for Non-Interest Finance in Nigeria, issuing guidance on financial reporting in hyperinflationary economies, and unveiling a phased roadmap for Sustainability Disclosure Standards.
A major highlight is the official launch of the maiden edition of the FRC Journal of Financial Reporting and Corporate Governance, a dedicated platform for thought leadership and research in financial reporting and governance.
Insights from the Technical Suite
The newsletter features thought-provoking articles, including:
- The vital role of actuaries in the financial reporting process.
- Characteristics of an effective board.
- The importance of time management in corporate governance.
These pieces offer actionable insights for corporate leaders, regulators, and stakeholders.
As always, we are proud to serve as the voice of the financial reporting community in Nigeria, showcasing our collective strides toward transparency, accountability, and global best practices. Dive into this edition and join the FRC’s vision for a stronger, more resilient financial reporting framework.
[Download the 3rd Edition of FRC Newsletter]
For more information, contact: newsletter@frcnigeria.gov.ng | Visit www.frcnigeria.gov.ng
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