Africa must embrace accounting as a catalyst for economic transformation – Olowo

Businessday | 20-06-2026 09:35am |

Rabiu Olowo, the Executive Secretary and Chief Executive Officer of the Financial Reporting Council of Nigeria (FRCN), has emphasized the importance of accounting in driving economic transformation across Africa. He stated that adopting robust accounting practices can enhance transparency and accountability in financial reporting, which are crucial for attracting investment and fostering sustainable growth. Olowo's remarks highlight the potential of the accounting profession to contribute significantly to the continent's economic development and stability.

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