348 results found

The Corporate Affairs Commission has announced it will begin enforcing long-standing but previously unenforced requirements governing what information must appear on company business letters. Companies registered under Nigeria's Companies and Allied Matters Act 2020 now have just weeks to ensure their letterheads and correspondence comply with these statutory particulars or face sanctions.

Nigerian companies often seek to reclassify existing Non-Executive Directors as Independent Directors to meet governance requirements quickly. However, the Nigerian Code of Corporate Governance 2018 imposes strict independence criteria that make this practice challenging and potentially problematic for corporate governance compliance.

Corporate Governance plays a fundamental role in impacting the success and sustainability of any company and at the heart of a company's governance structure is its Directors.

The Nigerian startup ecosystem has experienced significant growth in recent years, driven by youth, increased internet usage, and a lively entrepreneurial culture.

Following the increased commitments by nations to achieve the objectives of the Paris Agreement and attain net-zero carbon emissions, there has been a corresponding increase...

The Central Bank of Nigeria has issued draft guidelines requiring financial institutions with closely linked entities to maintain operational independence through ring-fencing measures. These proposed regulations introduce comprehensive governance requirements, customer fund protections, and mandate the formation of non-operating holding companies to prevent financial contagion across related entities.

The Central Bank of Nigeria has released draft guidelines establishing ring-fencing requirements for closely linked entities operating within the Nigerian financial system. These proposed regulations aim to create clear legal, operational, and financial boundaries between affiliated entities to prevent contagion risks and regulatory arbitrage.

An essential part of Corporate Governance is voting rights, which is an appanage for shareholders in exercising their rights to impact decisions taken by a company's...

In today's digital workplace, it is common for employers to provide employees with laptops and other electronic devices to facilitate the performance of their duties. Questions often arise, however, where an employee resigns unexpectedly, is suspended pending investigation, or is suspected of misconduct.

The market landscape has undergone significant transformations, with heightened expectations from both consumers and employees towards corporate entities.

Board succession planning rarely commands the same attention as CEO succession. It does not trigger headlines, activist campaigns, or emergency announcements – until something goes wrong. Yet time and again, moments of corporate stress reveal an uncomfortable truth: business continuity is deeply dependent on whether the Board itself is prepared for change.

The Central Bank of Nigeria (CBN) has introduced new regulatory and supervisory guidelines for Bureau De Change (BDC) operations in Nigeria.

Several reasons underscore the crucial importance of businesses prioritizing sustainability.

The rise of sustainability reporting has sparked apprehension among stakeholders and investors regarding its credibility.

Nigeria's Central Bank has released an exposure draft proposing sweeping changes to how financial holding companies must be structured, capitalised, and governed. The revised framework introduces stricter ownership requirements, enhanced capital thresholds that could exceed current levels by 20%, and significant restrictions on intra-group transactions and shared services. These proposed regulations could fundamentally reshape the operational landscape for banking groups and financial conglomerates operatin

Pursuant to the powers conferred on the National Insurance Commission by the National Insurance Commission Act 1997 ..

The Petroleum Industry Act (PIA) 2021 marked a historic milestone in the reform of Nigeria's oil and gas sector, promising transparency, accountability, and efficiency.