Nigeria: Corporate Governance

Environmental justice in Nigeria extends far beyond oil spills and conservation, touching every sector from mining to waste management. Yet persistent myths continue to shape how businesses assess risk, how regulators enforce compliance, and how communities understand their legal rights. What are the seven most dangerous misconceptions about environmental justice that could be costing your organization in regulatory exposure, investor confidence, and stakeholder trust?

A Federal High Court judgment has nullified the Corporate Affairs Commission's deregistration of the National Youth Council of Nigeria, raising critical questions about the constitutional limits of administrative power under CAMA 2020. The decision exposes fundamental structural weaknesses in Sections 839 and 851, which grant the CAC sweeping powers to suspend trustees and adjudicate disputes through an internal committee. This analysis examines whether these provisions, as currently drafted, strike an appr

Across Nigeria, air pollution, contaminated water and degraded land raise critical legal questions about regulatory responsibility, corporate accountability and remedies for environmental harm. This article examines how environmental justice provides a framework for fair protection under environmental laws, meaningful community participation and effective access to justice when environmental obligations are breached. It explores the legal challenges of balancing economic development with environmental prote

The Corporate Affairs Commission has issued a final enforcement notice requiring all Nigerian companies to update their business letters with specific corporate and directorial information by August 1, 2026. Companies must ensure their letterheads display their registered name, registration number, full director names, and other statutory details to avoid regulatory sanctions under CAMA 2020.

Nigeria's Central Bank has proposed sweeping reforms to its financial holding company framework, introducing stricter capital requirements, enhanced governance standards, and tighter controls on intra-group transactions. Will these changes strengthen the resilience of banking groups or impose excessive regulatory burdens on an already complex financial sector?

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.

In Nigerian companies, majority shareholders often dominate decision-making, leaving minority shareholders vulnerable to exclusion and unfair treatment.

The Court of Appeal has resolved a critical question that has persisted since CAMA 2020's enactment: whether private companies incorporated before the new legislation can operate with a single shareholder. This landmark decision clarifies the availability of the single-shareholder structure for all private companies, regardless of their incorporation date, offering significant implications for corporate ownership flexibility in Nigeria.

Nigerian startups face intense competition for senior talent in a globalised market where cash compensation alone often falls short. Employee Share Schemes offer a strategic solution to attract and retain key professionals while conserving...