African startups have risen to prominence in the last few years, driven by an unprecedented level of innovation and investor funding. There have been wins for the industry, but there have also been scandals relating to financial misappropriations and other infractions. As entrepreneurs embark on their journey to redefine industries, the importance of a robust […]
The 2024 budget by the Federal Government of Nigeria is a crucial document with the ability to share the country’s economic trajectory. With a 10.8% increase versus the 2023 budget, it suggests a focus on the part of the government to steer the country towards infrastructure development, human capital investment, and economic diversification. Positive Signals […]
As useful as a Board of Directors is to an organization, it can only be impactful if it is effective. An effective Board will provide direction and guidance, ensure that Management works towards maximizing shareholder value and meeting other stakeholder expectations. To be effective, the Board most be composed of competent individuals who bring to […]
Conflict of Interest A conflict of interest occurs when an individual is involved in multiple interests, one of which could possibly corrupt the motivation for an act in the other. It is inevitable that Directors will face situations of potential conflict of interest with the companies they serve. The “Agency Theory” postulates that Shareholders are […]