As FRC, SALI, RCRA sign MoU
By Progress Godfrey
Nigeria has taken a decisive step towards modernising corporate disclosure with the adoption of digital sustainable financial reporting, following the signing of a Memorandum of Understanding (MoU) between the Financial Reporting Council of Nigeria (FRC), SALI Technologies and Regulatory Compliance Readiness Advisors (RCRA), Limited.
The concession agreement formalises the implementation of a National Digital Platform for Sustainability Reporting, aimed at strengthening transparency, accountability and data-driven regulation across Nigeria’s corporate ecosystem.
Speaking at the signing ceremony in Abuja on Wednesday, Executive Secretary and CEO of the Financial Reporting Council, Dr Rabiu Olowo described the development as more than a routine agreement or cosmetics, saying that through the platform, the FRC would standardise sustainability disclosures, monitor compliance in real time, detect risks and misstatements, and strengthen enfo
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