Nigeria: Corporate Governance

Subscribe
Business law and corporate law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics that involve business and corporate law produced by specialists working in this area every day.
Article
The Corporate Affairs Commission’s Enforcement Of Section 304 And 297 Of The Companies And Allied Matters Act 2020: A Renewed Emphasis On Corporate Disclosure Obligations
The Corporate Affairs Commission has issued a renewed enforcement directive requiring companies to comply with statutory disclosure obligations under CAMA 2020. This directive brings into sharp focus the often-overlooked requirements for corporate transparency in business correspondence, raising questions about the practical implications for companies and their officers who fail to meet these standards.
Nigeria Commercial
Regville
Article
DCSL Digest - September 2026 Edition: The Pace Of Change Is Accelerating, And Governance Is At The Centre Of It.
From AI-enabled oversight to major regulatory reforms and renewed market optimism, organisations face mounting pressure to rethink governance, risk management, and value creation. The September 2026 DCSL Digest examines critical trends and regulatory developments shaping boardroom agendas, including the CBN's proposed framework for Financial Holding Companies, digital asset regulation, and data localisation requirements.
Nigeria Commercial
DC
DCSL Corporate Services Limited
Article
Resumption Of Enforcement Of The FCCPC Digital, Electronic, Online Or Non-Traditional Consumer Lending Regulations, 2025 ("Deon Regulations") Following Judgment Of The Federal High Court In Waspan V. FCCPC
On Monday, July 20, 2026, the Federal High Court, Lagos Judicial Division, presided over by Hon. Justice Allagoa J, delivered judgment in Suit No. FHC/L/CS/760/2026 between Wireless Application Service Providers Association of Nigeria Ltd/Gte v. Federal Competition and Consumer Protection Commission (“FCCPC”), dismissing in its entirety the Originating Summons filed by the Wireless Application Service Providers Association of Nigeria ("WASPAN").
Nigeria Commercial
SA
Solola & Akpana
Article
Holding It Together: Using Holding Companies To Preserve Family Businesses
Family businesses are the quiet engine of the global economy, accounting for a large share of the jobs and output of almost every country on earth. Yet they share one stubborn weakness: most do not outlive the people who build them. Studies of family enterprises find repeatedly that only a minority survive into the second generation, and fewer into the third.1 The problem is rarely a lack of talent or ambition. It is a lack of structure.
Nigeria Commercial
SP
SimmonsCooper Partners
Article
Giving That Lasts: Designing A Charitable Trust For Enduring Impact In Nigeria
In 2017, a discovery in Nigeria's North-East unsettled the country: relief materials meant for families displaced by conflict had allegedly been diverted and were turning up for sale in open markets. It was a blunt reminder that generosity, on its own, guarantees nothing. Comparable concerns — that charitable platforms can be exploited for illicit financing, including terrorist financing — have surfaced both in Nigeria and across the world.
Nigeria Commercial
SP
SimmonsCooper Partners
Article
Legislative Update On Company Business Letters
This article examines the legal framework governing the sanctioning of directors and other corporate officers in Nigeria and the United Kingdom. It explores the regulatory mechanisms, enforcement procedures, and comparative approaches used to hold company leadership accountable for misconduct or breach of duties. The analysis provides insights into how both jurisdictions balance corporate governance with director protection.
Nigeria Commercial
SA
Solola & Akpana
Article
NEW RULES, HIGHER STAKES: What CBN's Proposed Financial Holding Company Guidelines Mean For Your Company
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?
Nigeria Finance
DC
DCSL Corporate Services Limited
Article
CAC Issues Public Notice On Enforcement Of Statutory Particulars On Company Business Letters
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.
Nigeria Commercial
SB
Stren & Blan Partners
Article
Public Offers And Investor Protection: The Regulatory Framework Governing IPOs In Nigeria Under The Investments And Securities Act 2025
The Investments and Securities Act 2025 has fundamentally transformed Nigeria's regulatory framework for public offers, introducing stringent registration requirements, enhanced disclosure obligations, and comprehensive investor protection mechanisms. What are the specific legal requirements companies must satisfy when making securities available to the public, and how does the new Act strengthen the Securities and Exchange Commission's supervisory powers while creating direct civil and criminal remedies fo
Nigeria Finance
Adeola Oyinlade & Co
Article
A Look At Central Bank Of Nigeria’s Exposure Draft Of The Revised Guidelines For Licensing And Regulating Financial Holding Companies In Nigeria
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
Nigeria Finance
LL
Lexworth Legal Partners
Article
CBN Draft Guidelines On Ring-Fencing Operations Of Closely Linked Entities In The Nigerian Financial System
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.
Nigeria Finance
Syntegral Legal Practice
Article
Central Bank Of Nigeria: Revised Guidelines For Licensing And Regulation Of Financial Holding Companies In Nigeria
On 10 June 2026, the Central Bank of Nigeria ("CBN") released an Exposure Draft of the Revised Guidelines for Licensing and Regulation of Financial Holding Companies in Nigeria (the "Guidelines"). The proposed Guidelines are aimed at strengthening the regulatory framework governing Financial Holding Companies ("FHCs"), addressing governance and operational issues that have emerged under the current regime, and promoting greater consistency in the supervision of banking groups and financial conglomerates.
Nigeria Finance
Syntegral Legal Practice
Article
Letter To The Secretary To The Government Of The Federation
A formal letter to Nigeria's Secretary to the Government of the Federation argues that the introduction of state police must be accompanied by constitutional reforms that insulate critical institutions from executive interference. Drawing on South Africa's constitutional model, the author proposes that institutions like the police, INEC, and anti-corruption agencies should derive their independence directly from the Constitution, with security of tenure, guaranteed funding, and accountability to legislative
Nigeria Government
OA
Olisa Agbakoba Legal (OAL)
See more