Appointment of Company Directors in Nigeria: A Comprehensive Overview
The role of directors in a company is one that cannot be undermined. The fiduciary duty of directors invariably makes them trustees of their companies to the end that they exercise due care, skill and diligence in the discharge of these duties. In Nigeria the position of a company director is regulated by the Company and Allied Matters Act 2020 (CAMA), a legal framework that specifically addresses their appointment, functions, powers, and duties. In this article, peculiar attention will be paid to the appointment of company directors, focusing on the directives outlined in CAMA.
For further discussion and assistance with filing any of your organization’s compliance returns to the Corporate Affairs Commission, as well as providing you with Board Evaluation and Nominee services, please contact us at email@example.com or any of the team member below: