Tag: #Regulatorycompliance

The Nigerian regulatory landscape continues to evolve rapidly. As the country deepens reforms across corporate governance, taxation, data protection, financial reporting, labour, and sector-specific licensing, businesses now face heightened regulatory scrutiny from regulators and more complex compliance burdens. Our prediction is that the enforcement climate …

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 …

Regulatory compliance is an integral part of business operations. Every Nigerian company must prioritize compliance and maintain ethical standards in all business operations to avoid legal troubles. Nigerian law provides for mandatory registrations and filing of periodic returns with certain regulatory agencies. The mandatory regulatory …