The Financial Reporting Council (FRC) of Nigeria, International Sustainability Standards Board (ISSB) and NGX Regulation Limited (NGX RegCo) on June 26, 2023 launched the first two IFRS Sustainability Disclosure Standards (IFRS S1 and IFRS S2 Standards).
The launch, which held at Nigerian Exchange Group house in Lagos makes Nigeria the first African country to adopt the standards, just as they were also launched in six major global financial centers including; New York, London, Frankfurt, Singapore, Santiago and Montreal.
Continue reading Nigeria Becomes First African Country To Adopt IFRS S1 And IFRS S2 Standards