Legacy and Leadership: Why Nigerian Family Businesses Must Prioritise Company Governance.

Did you know that over 70% of family businesses in Nigeria fail to survive the second generation? Imagine a thriving family business, built over decades, with siblings, cousins, and children all playing active roles. For years, the business flourished, but after the founder passed away, the question of leadership quickly became a source of conflict. … Continue reading Legacy and Leadership: Why Nigerian Family Businesses Must Prioritise Company Governance.

Reforming Board Governance in Nigeria’s Power Sector: NERC’s Two-Board-Limit Directive.

The Nigerian Electricity Regulatory Commission (NERC) has taken a significant step to strengthen corporate governance in the electricity industry. In a recent directive, NERC has barred any individual from holding board positions in more than two companies operating within the power sector. This move has both legal and strategic implications for companies and directors involved… Continue reading Reforming Board Governance in Nigeria’s Power Sector: NERC’s Two-Board-Limit Directive.