World News

Global convergence makes IFRS indispensible

By Agency Reporter Thursday, 25 Nov 2010 The Institute of Chartered Accountants of Nigeria has said the adoption of the International Financial Reporting Standard is now indispensible. This, it said, followed increasing global convergence towards the best reporting standards. The President, ICAN, Major Gen. Sebastian Owuama (retd), said this in an […]

Investors to smile, as Multi-Trex set to list at N3.00

“Multi-Trex Integrated Foods Plc (“Multi-Trex” or “The Company”) is a public limited liability company incorporated in Nigeria on 30th  November 1999. Multi-Trex started business as a private cocoa merchant; buying cocoa beans from a select group of local suppliers for export to customers mainly in Europe.   In 2003, the company took advantage of the […]

Africa must reduce fiscal deficits – IMF

ByAgency Reporter Tuesday, 26 Oct 2010 Sub-Saharan African governments must begin trimming fiscal deficits as economic growth in the world’s poorest region returns to the levels it reached before the global financial crisis, the International Monetary Fund has said. A report from Bloomberg in Johannesburg quoted the Head of IMF’s […]