Nigeria: Corporate Governance

The Financial Reporting Council of Nigeria (FRC), on Thursday 30 May 2024, issued the Small and Medium Enterprises Corporate Governance Guidelines (‘SME-CGG' or ‘the Guidelines').

ESG reporting is simply the disclosure of information about operations that relate to environmental, social and governance areas of a business.

In regulated corporate environments, regular meetings — such as Board meetings, Annual General Meetings (AGMs), and Extraordinary General Meetings (EGMs) — are essential to ensure compliance and effective corporate governance.

In the pursuit of sustainability, businesses often focus on balancing profit with environmental protection and social responsibility. However, one of the damaging impacts against these goals is corporate...

On June 19, 2025, the Securities and Exchange Commission (SEC) issued the Circular to All Public Companies and Capital Market Operators on the Transmutation of Independent Non-Executive Directors...

Affected Entities are required to conduct at least annually; or more often in companies with complex operations, a thorough risk assessment covering all aspects of their business and ensure that mitigating strategies have been put in place to manage identified risks.

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.

On 20th and 21st January 2025, the President of the United States of America, Donald Trump, signed two significant executive orders aimed at reshaping workplace policies across federal agencies and potentially beyond.

The regulation of Bureau de Change Operators (BDCs) remains a topical issue in Nigeria. The Central Bank of Nigeria (CBN) has repeatedly expressed its commitment to addressing the challenges posed by unauthorized operations of some BDCs, which has the potential of undermining the Nigerian financial system.