The Securities and Exchange Commission (SEC) has prohibited the Chief Executive Officers (CEOs) from transitioning directly to board chairmanship positions in the company group, prescribing a three-year cooling-off period. The Commission in a circular also barred Independent Directors from transitioning into Executive Director roles within the same company or group. In the circular to public companies and capital market operators …

PwC Nigeria has released the Nigerian findings of its 28th Annual Global CEO Survey, offering insights into business leaders’ perspectives across industries. The report highlights optimism, with 61% of Nigerian CEOs expecting global economic growth to improve and 64% anticipating positive shifts in Nigeria’s economy in 2025. Reflecting a commitment to strategic reinvention, 61% have expanded into new sectors over …