New Nigeria Development Company is facing financial challenges, including an impairment charge, while operating in a difficult economic climate and developing a strategy with KPMG, guided by IFRS standards.
1 report, 1 independent
Updated Jul 27
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What happened
New Nigeria Development Company is facing financial challenges, including an impairment charge, while operating in a difficult economic climate and developing a strategy with KPMG, guided by IFRS standards.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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International Financial Reporting Standards
Accounting standard issued by the IFRS Foundation
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Nigeria
sovereign state in West Africa
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- Financial results were prepared using International Financial Reporting Standards (IFRS) and the location of the report was Johannesburg.
Coverage
Newest first; wire copies grouped- thesun.ngNNDC unveils 5-year transformation plan, strengthens balance sheet despite lower profit