Posted in Publications June 22, 2025
CHANGES IN NIGERIAN LAW ON DIRECTORSHIP & CHAIRMANSHIP OF CAPITAL MARKET OPERATORS AND PUBLIC COMPANIES
1. SEC Discontinues Rotation of Directors within Group of Companies The Securities and Exchange Commission (“SEC” or “Commission”) is empowered by Section 355(1)(r)(iv) of the Investments and Securities Act (ISA) 2025 to prescribe corporate governance standards for regulated entities. The section provides as follows: 355 …
