The Financial Reporting Council of Nigeria ("the FRC or the Council") recently issued the Nigerian Code of Corporate Governance (“the Code”) pursuant to the powers conferred on it by Sections 11 (c) and 51(c) of the Financial Reporting Council of Nigeria Act on 1st January 2019. The Code has been formulated to promote and institutionalise corporate governance best practices in Nigerian companies.
At Olajide Oyewole LLP. we have a deep understanding of the critical function of an effective governance framework In achieving the long-term success of a business, and we provide in this Newsletter, the highlights of the Code and its implications on its stakeholders.
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