Business Hilights

Tracking Nigeria's Headline Business News Online

International Financial Reporting Standards 9 (IFRS 9)

‘IFRS 9: New CBN disclosure rule returning sanity to banks’ financial results’

Emerging revelations from released Q1 results of commercial banks in Nigeria have shown that the new regime of financial reporting is not really suggesting serious drop in banks profits as reported in some quarters of the media in Nigeria. Checks…