SEC Nigeria Issues Circular to All Public Companies and Capital Market Operators on Transmutation of Independe
action_requiredNigeria·SEC Nigeria·Wire Summary
Public Companies and Capital Market Operators: The attention of the Securities and Exchange Commission (the Commission) has been drawn to the prevalence in recent times of the rotation of various directorship positions among individuals within the same entity or Group of companies. In particular, the Commission observes the worrying trend of the transmutation/conversion of Independent Non-Executive
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