Updates

Fed Announces Appointment of Seven Members, Including Four New Members to Its Insurance Policy Advisory Committee (IPAC)

December 15, 2023/US Federal Reserve The Federal Reserve Board on Friday announced the appointment of seven members, including four new members, to its Insurance Policy Advisory Committee, or IPAC. The IPAC, which was established by the Economic Growth, Regulatory Relief, and Consumer Protection Act, provides information, advice, and recommendations to […]

IOSCO Publishes Its Recommendations on Accounting for Goodwill

December 15, 2023/IOSCO The Board of the International Organization of Securities Commissions (IOSCO) has today published its report “Recommendations on Accounting for Goodwill” for issuers, audit committees (or those charged with governance), and external auditors aimed at enhancing the reliability, faithful representation and transparency of goodwill recorded and disclosed in […]

Rapid Response: Headline Inflation Increases by 87bps to 28.20% y/y in November

December 15, 2023/Cordros Report In November, Nigeria’s headline inflation increased further by 87bps to 28.20% y/y (October: 27.33% y/y). The inflation tally came in 37bps lower than Cordros’ estimate (27.83% y/y) and 15bps lower than Bloomberg’s median consensus estimate (28.05% y/y). Similarly, on a month-on-month basis, headline inflation rose by […]