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NAICOM Assures Insurers on IFRS 9 - THISDAYLIVE
Ebere Nwoji The National Insurance Commission (NAICOM) has assured that insurers will not suffer significant loss following the implementation of the International Financial Reporting Standard (IFRS) 9. The IFRS 9 was promulgated by the International Accounting Standards Board (IASB). It addresses the accounting for financial instruments. It contains three main topics: classification and measurement of …