Nigeria Launches ISO Standard to Strengthen Anti-fraud Framework
Nigeria has introduced a significant ISO Fraud Control Management Systems standard in partnership with the British Standards Institution (BSI) to strengthen the country's anti-fraud framework. The launch of this landmark framework aims to enhance business integrity, transparency, and global investor confidence by demonstrating Nigeria's commitment to combating fraud and building a robust and accountable economy.
The standard, designed to embed a culture of integrity across the public and private sectors, shields the economy from the corrosive effects of fraud. Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, highlighted the importance of the ISO standard in assessing fraud risks, implementing controls, and protecting the economy from hidden taxes and business costs.
Plus234Feed summary based on reporting from Leadership Newspaper. Read the original report below.
Read full article
Continue on Leadership Newspaper
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigeria Launches Digital Trustmark to Combat E-commerce Fraud
FRC and Integrity Organisation Launch Business Certification for SMEs in Nigeria
Nigeria's New Tax Reform Laws Overhaul Fiscal Framework
Bank of Industry (BOI) Receives ISO 27701 Certification for Data Protection
Nigeria Pledges Transparency and Constructive Engagement with International Partners for Economic Reforms
Tinubu's Anti-Corruption Claims Questioned Amid Transparency Concerns
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
