How market cap dropped by N8.9tr over audit failure – FRC

Dailytrust | 21-08-2024 04:55pm |

The Financial Reporting Council of Nigeria (FRC) has lamented the collapse of corporate entities owing to audit failures, saying audit failures are “costly to investors, the auditors themselves and even the wider society.” Executive Secretary/CEO of the Council, Dr. Rabiu Olowo recalled how the Nigerian Exchange in 2009 dropped from an all- time high of [...]

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.