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Appeal Court Reserves Judgment in Adeleke’s Case

The Court of Appeal has reserved judgment in the appeal filed by Osun State Governor, Senator Ademola Adeleke over the judgment of the election...

Company Law and Corporate Governance: Squaring the Virtuous Circle

By ‘Femi D. Ojumu Defying an all-embracing definition, corporate governance is the internal regulatory regime of a business entity, corporation, public or private institution. It seeks...

IBEDC: How Boardroom Squabbles Brought Down A High Flier

Although the Asset Management Company of Nigeria (AMCON) cited the indebtedness of Ibadan Electricity Distribution Company’s core investors, Integrated Energy Distribution and Marketing Limited...

Practicing Corporate Governance at Annual General Meetings in Nigeria

By Dr. Olisa Agbakoba, SAN Annual general meetings (AGMs) are integral components of corporate governance in Nigeria. Words like resolutions, proxies, votes, shares, directors and investors though...

Playing by the Rule of Law

By Robert Clark – Manager, Legal Research at TRACE One fine day, Bear, Fox and Rabbit were roaming the fields when they happened upon the home...

CBN Reinstates First Bank MD, Sacks Directors, Names New Board

The Central Bank of Nigeria (CBN) has reinstated Sola Adeduntan as the managing director and chief executive officer of First Bank of Nigeria Limited. Godwin...

CAC Issues New Certificate Of Registration to NYCN, Reconstitutes Its BoT

The Corporate Affairs Commission (CAC) has issued the National Youth Council of Nigeria (NYCN) with a new certificate of registration and reconstitute the new...

Covid-19: Can Public Companies hold Virtual Shareholders Meeting under Nigerian Law?

By Elvis E. Asia Introduction With social distancing and restriction of movement occasioned by Covid-19, many public companies whose Annual General Meetings (AGMs) are due are...

Covid- 19: Crritical Review of CAC Guidelines on Holding Annual General Meetings of...

Introduction On March 26, 2020, the Corporate Affairs Commission (CAC) issued guidelines on holding Annual General Meeting (AGM) by Public Companies in view of the...

Managing Conflicts of Interest in the Boardroom

A conflict of interest is a situation in which an individual has competing interests or loyalties.  It involves a situation where an individual is involved in...