Nigerian Code of Corporate Governance 2018: necessity or superfluity?

Preamble Plans to harmonize the corporate governance legal framework in Nigeria began in January, 2013 when a Steering Committee on National Code of Corporate Governance was commissioned to harmonize and unify all existing sectoral codes in Nigeria. Consequently, in 2016, the Financial Reporting Council of Nigeria (FRCN) published a draft 3-part National Code of Corporate … More Nigerian Code of Corporate Governance 2018: necessity or superfluity?

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