Nigeria, July 10 -- he News Chronicle reports that large companies will first voluntarily comply, and in 2027 it will be mandatory. While small and medium-sized companies are projected to comply by 2030, other public interest organizations will follow in 2028.

Under the International Sustainability Standards Board, the updated structure brings Nigeria's reporting standards into line with world sustainability criteria.

Director General of the SEC, Dr Emomotimi Agama, noted that sustainability reporting is now a major consideration affecting investment decisions and said better disclosures would boost investor trust and increase Nigerian companies' access to foreign capital.

The commission also wants to encourage investments in renewabl...