PwC Nigeria is one of the leading professional services ?rms in Nigeria with of?ces in Lagos, Abuja and Port Harcourt, with over 1,000 staff and 31 resident partners. We are committed to serving as a force for integrity, good sense and wise solutions to the problems facing businesses and the capital markets. We are guided by one promise – to do what is right, be it with our people, clients, community, or environment.
In case you are wondering or have recently been asked to file
returns with the Financial Reporting Council of Nigeria (FRCN),
here is our regulatory alert on a recent judgement by the Federal
High Court on the subject.
The Federal High Court ("FHC") on 21 March 2014 ruled
in a case between Eko Hotels Limited and the FRCN. The FHC decided
that under the FRCN Act, the FRCN cannot enlarge its regulatory
powers to regulate private companies.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
