Nigeria’s evolving corporate landscape, particularly within growth-driven sectors such as finance, technology, and digital sectors, demands increased scrutiny of governance standards concerning director removal, internal investigations, and executive discipline. Recent corporate controversies have revealed a recurring governance flaw, organisations sometimes…
In a landmark legislative update, President Bola Tinubu signed the Investments and Securities Act 2025 (“ISA” or the “Act”) into law. The Act repeals the Investments and Securities Act 2007 and reaffirms the Securities and Exchange Commission (“SEC” or the…
Understanding Contracts of Guarantee: A contract of guarantee is typically used in commercial and financial agreements, such as loans, leases, and contracts. A ‘Guarantee’ was defined in Chami v. U.B.A Plc (2010) 841 SC as “a written undertaking by one…
The Central Bank of Nigeria (CBN) has introduced two innovative banking solutions tailored for Nigerians in the diaspora: the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA). This move underscores the CBN’s commitment to fostering financial…
