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The Nigerian government has officially inaugurated the Governing Board of the National Pension Commission (PenCom), tasking its new members with enforcing stringent governance and risk management protocols to safeguard the nation's N28 trillion in pension assets.
Toyota Motor Corporation has raised its offer to 20,600 yen per share for Toyota Industries Corporation, effectively valuing the buyout at approximately $30 billion. This move has secured the agreement of Elliott Investment Management, ending a prolonged standoff over the share price.
The Bank Directors Association of Nigeria (BDAN) has named Dr. Oluwayemisi Olorunshola as the new Chairman of its Board of Directors after the retirement of Mr. Mustafa Chike-Obi. Dr. Olorunshola brings a wealth of experience to the position, enhancing the leadership of BDAN.
Toyota is set to undertake a significant unwinding of shareholdings valued at approximately $19 billion, marking a pivotal change in Japan's corporate governance landscape. This move has been sparked by banks and insurers planning to sell these stakes.
The Ministry of Finance Incorporated (MOFI) is launching its inaugural Excellence Awards in the second quarter of 2026 to promote strong corporate governance, transparency, and accountability among Government-Owned Enterprises (GOEs). An independent panel will assess companies based on global standards.
Access Bank has officially appointed Ifeyinwa Osime as the new Chairman of its board. With over three decades of expertise in legal matters and corporate governance, Osime is set to guide the bank as it focuses on expanding its global presence.
Access Holdings Plc has appointed Ifeyinwa Osime as the new Chairman of its Board, following the retirement of Paul Usoro. Her appointment is part of the company's governance structure and marks a new phase for the financial services organization.
Seplat Energy has officially appointed prominent Nigerian businessman Tony Elumelu as a non-executive director. This follows significant changes in the company's ownership landscape.
The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has announced its intentions to strengthen discussions regarding corporate governance as part of its initiatives for the coming year, marking its 60th anniversary with the theme 'Six Decades of Excellence: Shaping Governance, Empowering Futures.'
