ISSB Certification Pathway
ISSB in Nigeria
Build practical expertise in Nigeria's adoption of the ISSB Standards, including its regulatory timeline, existing frameworks, and what it means for entities preparing to report.
Enrolment Options
Applying Nigeria's ISSB Jurisdictional Adoption in Practice
Nigeria's adoption of IFRS S1 and S2 is reshaping sustainability reporting requirements, requiring practical skills to navigate the FRC's roadmap and existing Nigerian frameworks.
Why ISSB Jurisdictional Adoption in Nigeria Matters
Nigeria announced its intention to adopt the ISSB Standards at COP27 in November 2022, becoming the first African country to commit to IFRS S1 and IFRS S2. Since then, the Financial Reporting Council of Nigeria (FRC) has led a structured, phased roadmap toward mandatory adoption.
Understanding Nigeria's adoption approach, and how it interacts with existing frameworks such as the NGX Sustainability Disclosure Guidelines, is essential for entities preparing for the 2028 mandatory deadline.
Key drivers include:
â—† Mandatory reporting for Significant Public Interest Entities from 1 January 2028
â—† A formal Adoption Readiness Test Assessment that entities must pass before adopting the standards
â—† The need to integrate ISSB reporting with existing NGX, CBN, and SEC requirements
Nigeria's Adoption of the ISSB Standards Certification Pathway
This pathway provides a practical, expert-led examination of Nigeria's adoption model, covering the FRC's roadmap, existing Nigerian frameworks, and the practical steps entities need to take to prepare.
It builds directly on the ISSB Professional course, applying that foundational knowledge to the Nigerian context using real-world examples, including recognised early adopters such as Access Holdings and Fidelity Bank.
You will learn how to:
â—† Understand Nigeria's path to ISSB adoption and the key institutions involved
â—† Understand its adoption model and what it means to apply IFRS S1 and S2 as issued
â—† Understand how existing Nigerian frameworks interact with the ISSB Standards
â—† Apply the FRC's regulatory timeline and Adoption Readiness Test requirements
Learning Outcomes
By completing this pathway, you will build a practical understanding of ISSB jurisdictional adoption in Nigeria and how to prepare Nigerian entities for reporting.
Nigeria's Path to Adoption
 ◆ Understand the timeline of Nigeria's ISSB adoption, from COP27 to the 2026 amended roadmap
â—† Identify the key institutions involved, including the FRC, ARWG, NGX, SEC, and CBN
â—† Understand why Nigeria chose a direct adoption approach
Adoption Model and Existing Frameworks
â—† Understand what applying IFRS S1 and S2 "as issued" means in practice
â—† Understand how existing frameworks, including NGX, CBN, SEC, and NCCG requirements, interact with the ISSB Standards
â—† Identify how to map current disclosure obligations against ISSB requirements
Timeline and Practical Preparation
â—† Understand the FRC's three-phase roadmap and the Adoption Readiness Test Assessment
â—† Understand phased assurance requirements under ISSA 5000
â—† Apply practical steps for entities preparing to report, including sector-specific considerations
Certification Pathway Structure
Format Â
The ISSB in Nigeria is a follow-on module to the ISSB Certification Pathway. Topics covered include:
 Nigeria's path to ISSB adoption and key institutions involved
 Nigeria's adoption model and existing frameworks
 The FRC's regulatory timeline and Adoption Readiness Test
 Practical implications for entities preparing to report
Who This Is For
The ISSB Jurisdictional Adoption in Nigeria pathway is designed for professionals preparing Nigerian entities for sustainability reporting:
â—† Significant Public Interest Entities, including large listed companies and financial institutions
â—† Banks and CBN-regulated financial institutions
â—† Capital market operators regulated by the SEC
â—† Sustainability, finance, and compliance professionals
â—† Internal and external auditors
â—† SMEs preparing for mandatory adoption from 2030
Meet your Instructor
Orla Carolan is Head of Technical Training at the Sustainability Reporting Institute, responsible for developing and delivering training on reporting standards including CSRD (ESRS) and ISSB/IFRS Sustainability Reporting Standards (IFRS S1 & S2).
She also works freelance for the European Financial Reporting Advisory Group (EFRAG), contributing to the standard-setting process for ESRS and the recent simplification of standards following EU regulation changes.
A Chartered Certified Accountant (FCCA), Orla previously held senior roles in financial reporting and sustainability advisory at JPMorgan Hedge Fund Services and Grant Thornton Ireland.
Orla Carolan
Head of Technical Training, Sustainability Reporting Institute
Included with Professional Access
Get Professional Access today
€795 / per year
Professional Access includes:
- Access to this module
- Access to full ISSB certification path
- Access to all Sustainability Reporting Institute courses and certification paths
- Access to all expert-led sessions, interactive workshops and masterclasses
- Access to in-depth learning tools, resources and advanced templates
- Priority invitations and access to member-only networking events, discussions and peer groups
- Recognition and career-enhancing credentials
Frequently Asked Questions
Answers to common questions about ISSB jurisdictional adoption in Nigeria.
Is ISSB adoption mandatory in Nigeria?
Not yet. IFRS S1 and S2 are currently open for voluntary application. Mandatory reporting begins 1 January 2028 for Significant Public Interest Entities, and 1 January 2030 for SMEs and other entities.
What is the Adoption Readiness Test?
It's a formal diagnostic assessment, introduced under SRG 1, that entities must pass before adopting IFRS S1 and S2, covering governance, data, and materiality assessment capability.
Has Nigeria created its own version of the ISSB Standards?
No. Nigeria has taken a direct adoption approach, applying IFRS S1 and IFRS S2 exactly as issued by the ISSB, with no local amendments.
Is the content live or recorded?
The pathway is pre-recorded and available on demand, so you can complete it at your own pace.
Do existing Nigerian frameworks still apply alongside the ISSB Standards?
Yes. Frameworks such as the NGX Sustainability Disclosure Guidelines, CBN Sustainable Banking Principles, and SEC Sustainable Finance Principles continue to apply alongside IFRS S1 and S2.
How can I access this certification pathway?
This certification pathway is available through Professional Access.
Access the ISSB in Nigeria Certification Pathway
Build a practical understanding of Nigeria's adoption model and how to prepare for the FRC's 2028 mandatory deadline.
Available exclusively with Professional Access.
Enrol Today