Regulatory intervention in Skye Bank Plc: outcome of failure in Corporate Governance

On Monday July 4, 2016, the Central Bank of Nigeria (CBN) released a Press Statement on Skye Bank┬áto inform the public of its decision to effect key changes on the board and management of Skye Bank Plc because the bank had fallen short of minimum thresholds in critical prudential and adequacy ratios. The statement further … More Regulatory intervention in Skye Bank Plc: outcome of failure in Corporate Governance

Statistics of Board composition of 30 most capitalised companies on the Nigerian Stock Excahnge

Corporate Governance is about how organisations are managed and it encompasses a range of aspects with various roles for various participants or stakeholders in the organisational system of a company. A critical participant in this system is the Board of Directors. Universally, it is accepted that the Board is responsible for the performance of the … More Statistics of Board composition of 30 most capitalised companies on the Nigerian Stock Excahnge

Nigerian Stock Exchange to introduce Corporate Governance Index for listed companies

It is now a well settled fact that good corporate governance is instrumental to the overall well-being and productivity of corporate organisations. The global financial crisis provided a classic case of the effect of weak corporate governance in corporate organisations. In Nigeria, some corporate failures exposed the gross deficiencies in the area of Corporate Governance … More Nigerian Stock Exchange to introduce Corporate Governance Index for listed companies