The Chartered Institute of Taxation of Nigeria (CITN), has said the government's drive to increase tax to GDP ratio from 10.86 to 18 per cent is a step in the
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Managing Director, Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has charged professional auditors who are members of the Institute of Chartered Accountants of Nigeria (ICAN) to uphold the core values of accuracy and integrity in order to earn public confidence and respect within the financial services industry.
Hassan said this during a courtesy visit by the ICAN National President who was represented by one of the Council Members, Mrs Sofura Seghosime and Chairman of Abuja District, Mrs Bosede Ikhanoba and other ICAN Executive Members to the NDIC head office in Abuja.
He explained that both the NDIC and Central Bank of Nigeria (CBN) relied on the works of third parties which include external auditors and reporting accountants in the Risk-Based Supervision (RBS) of deposit-taking institutions.