Posted on March 24, 2009 by Fortune&Class
When a very top official of the National Accounting Standard Board told a gathering that a total N40billion being part of the money raised during the public offer of African Petroleum is trapped in some Nigerian banks, then there must be a cause for concern.
The offer which had closed since September last year has […]
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Filed under: BusinessNEWS | Tagged: african petroleum, aliko dangote, ap, dangote, femi otedola, national accounting standard board, nigerian banks, otedola, public offer money, trapped | 1 Comment »
Posted on February 28, 2009 by Fortune&Class
The year end financial result of Stanbic-IBTC Bank is reported to have come under the serious scrutiny of officials of the National Accounting Standard Board. Sources at the Alausa, Ikeja office of the body responsible for setting the accounting reporting template of the nation’s corporate and other economic active sectors, said a number of…
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Filed under: BusinessNEWS | Tagged: CBN, Central Bank of Nigeria, Federal Government, international financial reporting standard, national accounting standard board, stanbic-ibtc bank, standard bank group | 1 Comment »