Corporate governance

GCR Ratings (GCR) has downgraded Geregu Power Plc national scale long- and short-term issuer ratings to D(NG) from A(NG) and A1(NG), respectively, following the company’s failure to make the scheduled principal and coupon payment on its ₦40…

Africa Prudential Plc, a leading provider of share registration services and capital market solutions, has pledged to invest in talent development to strengthen organisational capability and drive sustainable growth across its core…

Zedvance Finance Limited has announced the appointment of Professor Pius ‘Deji Olanrewaju as Chairman of its Board of Directors, effective July 1 and, subject CBN approval. Zedvance Finance Limited, a subsidiary of Zedcrest Group, is a…

The National Insurance Commission (NAICOM) has formally transferred operational control of African Alliance Insurance Plc to a newly constituted Board nominated by the company’s shareholders, following the successful conclusion of a…

Regulatory scrutiny on Nigeria’s capital market intensified as NGX, through its regulatory arm, flagged widespread compliance lapses among listed companies, highlighting persistent delays in financial filings and breaches of disclosure…

The National Insurance Commission (NAICOM) has warned that it will withdraw the licences of the newly registered insurance companies if they failed to abide by the industry's ethics and sound corporate governance. The Commissioner for…