Nigeria official: IFRS will promote cross-border listing, attract investment

12/3/2013 | ThisDay Newspapers (Nigeria) · AllAfrica Global Media

The registrar of the Institute of Chartered Accountants of Nigeria, Rotimi Omotoso, says the country's adoption of the International Financial Reporting Standards would boost cross-border listing on stock exchanges and promote transparency. "Investors are attracted to environments where the rewards are high relative to risks; availability of reliable information contributes to the lowering of the risk," Omotoso said.

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ThisDay Newspapers (Nigeria) · AllAfrica Global Media