Corporate Compliance in Nigeria: A Comprehensive Overview of Applicable Laws
Introduction: Corporate compliance is a critical aspect of business operations, ensuring that companies adhere to the legal and regulatory frameworks set by the government. In Nigeria, a rapidly evolving economic landscape emphasizes the importance of corporate entities complying with various laws and regulations to foster transparency, accountability, and sustainable business practices. This article provides a comprehensive overview of the laws governing corporate compliance in Nigeria. 1. Companies and Allied Matters Act (CAMA) 2020: The cornerstone of corporate governance in Nigeria, CAMA 2020, replaced the previous CAMA 1990 and introduced significant reforms. It outlines the legal requirements for the establishment, management, and dissolution of...
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