Blog Archives

Code of Corporate Governance in Nigeria 2011 and International Best Practices on Corporate Governance: Directors’ remuneration

Company law statutes generally provide for the remuneration of directors. Also relevant in respect of directors’ remuneration is the Articles of Association of the company concerned. Apart from the provisions of the statute on directors’ remuneration, it is a common

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Code of Corporate Governance in Nigeria 2011 and International Best Practices on Corporate Governance: Disclosure and transparency

The twin principles of disclosure and transparency are fundamental to corporate governance. They constitute some defining essence of corporate governance. Unsurprisingly therefore, it is common practice for contemporary codes of corporate governance to ensure that these issues are adequately provided

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Code of Corporate Governance in Nigeria 2011 and International Best Practices on Corporate Governance: Board evaluation

Board performance evaluation is one board activity which has attracted much attention and for which there exist some widely accepted practices. The issue is therefore worthy of some consideration. We shall review what the existing best practice on board performance

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Independent Directors: International best practices and the way forward

In the past couple of weeks, we have been discussing different issues pertaining to independent directorship. The importance of independent directors in modern companies is certainly not in doubt. Also clear is the fact that they are instrumental in the

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Code of Corporate Governance in Nigeria 2011 and International Best Practices on Corporate Governance: Board committees

Another corporate governance issue with well-established international best practice relates to the committees of the board of directors. In continuation of the discussion on the compliance of the Code of Corporate Governance in Nigeria 2011 (2011 SEC Code) with international

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Code of Corporate Governance in Nigeria 2011 and International Best Practices on Corporate Governance: Board composition

In this second part of this series reviewing specific provisions of the Code of Corporate Governance in Nigeria 2011 (2011 SEC Code) issued by the Securities and Exchange Commission, we shall be considering the provisions of the 2011 SEC Code

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Code of Corporate Governance in Nigeria 2011 and International Best Practices on Corporate Governance: Chairman-CEO Duality

The Code of Corporate Governance in Nigeria 2011 (2011 SEC Code) issued by the Securities and Exchange Commission and which became effective on 1st April, 2011, can be said to be the most comprehensive corporate governance legislation in Nigeria at

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