In Sub-Saharan Africa, and indeed in most emerging economies, national governments have in one way or the other (in varying degrees) intervened in the running of corporations.These interventions (usually referred to as reforms) have been eliciting discourses on whether Governments should show...

Nigeria has always had one reform or the other. These reforms were initiated in response to the desires of the “reformers” to improve a given situation and span such sectors as power, insurance, banking, agriculture, etc.In this note, the author articulated some of the reforms in the...

The Central Bank of Nigeria (CBN), by virtue of the CBN Act of 1958 is empowered by law to supervise banks operating in Nigeria. They are also responsible for promoting monetary stability and a sound financial structure in Nigeria. Nigeria has 24 banks with different financial year end dates. In...

The contribution of good governance practices in ensuring that goals and objectives of the company as well as those of its stakeholders are realized in a sustainable manner will always be in the front burner. In this study, the author articulates the governance practices of Top Bank Plc. (one of...

Rafael La Porta, Florencio Lopez-De-Silanes, and Andrei Shleifer conducted a detailed work on Corporate Ownership Around the World, to identify the real shareholders (owners) and how they control firms. La Porta et al reviewed the findings of Adolph Berle and Gardiner Means that corporations in...

The problem of distress or outright bank failure has always featured in the Nigerian banking industry. However, never in history has the degree and scope of the distress been as high as witnessed in the mid 90's.The present global financial crisis seems to be an off-shoot of what happened in the...

Future-proofing, which is described as a process of anticipating the future and managing its impacts with appropriate mitigating methods and policies, could be adopted by developing countries to provide a better environment for inclusive growth and creation of decent jobs. Most countries provide...

Recently the Central Bank of Nigeria (CBN) issued a policy making it mandatory for the CEO of Banks operating in Nigeria to have a maximum fixed tenure of ten years (i.e five years in the first instance which can only be renewed once). The policy became effective retroactively, hence bank CEOs...

Observations on phytophagous (plant-eating) insects showed that what the insect eats and how much it eats largely determines its economic importance. The food ingested and digested by the insect must fulfil its nutritional requirements for normal growth and development to occur. These...

Corporate governance describes the expectations of stakeholders on how corporations are governed. These expectations or perceptions keep changing; and because they keep changing, the managers of corporations and indeed all stakeholders need to keep pace with these expectations. In this paper,...