Soji Apampa, Executive Director of the Convention on Business Integrity, was a participant and speaker at the 14th meeting of the UN Global Compact Working Group on the 10th principle against corruption held in Geneva from June 23 – 24, 2014.
In developing an appropriate corporate governance framework, should Nigeria copy international paradigms that may or may not fit our context? Should we borrow wholesale the rules-based or principles-based approaches to corporate governance or would we be better off developing our own unique response based on lessons from these international approaches? The role of sound corporate […]
Corporate governance is at the heart of how businesses are run. According to the Organization for Economic Cooperative Development (OECD), “corporate governance involves a set of relationships between a company’s management, its boards, its shareholders and other stakeholders”. Corporate governance, broadly speaking, includes board efficiency, transparency, reporting requirements, investor communications and sustainability. Corporate governance includes […]
All over Nigeria, it is common to see small contributory savings schemes where market women contribute a daily portion of their trading profit to a collective. What are the characteristics of these groups that make it work and what lessons can corporate Nigeria learn from these groups to ensure that as a group, they maintain […]
The depth of the rot in public service delivery and the racketeering of public services were demonstrated to me on a recent visit to the National passport and Immigration Service, Abuja to obtain a new passport. This was necessary because I had recently changed my name as a result of marriage. On arrival at the […]
In a speech chronicling what went wrong in the Nigerian banking industry in 2009, former governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi said that “Governance malpractice within banks, unchecked at consolidation, became a way of life in large parts of the sector, enriching a few at the expense of many depositors […]
Earlier this week the President signed into law the Pension Reform Act 2014 that repeals the old Pension Act of 2004. Overall, the provisions of the new pension act are a step in the right direction but however requires strict enforcement for it to make a difference. Nigeria’s contributory pension scheme has grown at an […]
On Monday June 2014, the Nigerian Stock Exchange (NSE) served a notice to 21 companies planning to de-list them from the stock exchange. The reason given for de-listing is because they contravened the listing requirements of the NSE by failing to file quarterly and annual financial statements for up to two years in some cases. […]
Nigeria ranked 76th out of 82 countries surveyed in the 2014 version of the Economist’s annual business environment ranking. Nigeria has retained this rank since 2009. The Economist cites corruption, weak infrastructure, deteriorating security and the absence of effective government institutions for Nigeria’s poor performance in the rankings. In a similar vein, a recent survey […]
It was with gladness that I read that the Akwa-Ibom state legislature repealed the portion of the offensive pension law that specified that ex-governors and deputy governors of the state would be provided annual medical treatment up to N100million and N50million respectively. Other provisions of the pension law include a mansion in Uyo or Abuja, […]
PROF. YEMI OSINBAJO TAKES OVER THE MANTLE OF LEADERSHIP FROM DR. CHRISTOPHER KOLADE CON ON THE GOVERNING BOARD OF THE INTEGRITY ORGANISATION. At the meeting of the Governing Board of Integrity Organisation (consisting of Integrity and The Convention on Business Integrity) which held on Monday, February 25th, 2014, Dr.Christopher Kolade CON who has been the […]
In our quest to consistently encourage businesses to be part of The Convention on Business Integrity vision, one of the biggest banks in Nigeria and indeed Africa has taken a step to be part of the CBI fold as it has it publicly signed the declaration document to become one of the members of the […]
Within the framework of the UNODC/IACA implemented, Siemens Integrity Initiative funded project, Legal Incentives for Corporate Integrity and Cooperation, UNODC and IACA organised a second expert group meeting to provide a forum for the exchange of knowledge on international good practices on legal incentives and sanctions for encouraging greater corporate integrity, including the encouraging of reporting of corruption. […]
BRIEF REPORT ON THE 1ST ANNUAL CHRISTOPHER KOLADE LECTURE ON BUSINESS INTEGRITY The programme which is the first in the series was borne out of the need to reward distinguished individuals who stood with the organization in its crucial history from inception till date. The decision that the programme be named after the Chairman of […]
CBi has grown from being solely a business membership organization, into an incubator and hub for the development of entrepreneurial opportunities that are in synergy with our originating vision and ethos. Our in-house team of consultancy experts, business developers, analysts and programme managers routinely partners with a select group of op-tier independent consultants and firms to successfully develop, bid and deliver world-class […]
The Nigerian Corporate Governance Rating System (CGRS) is a joint initiative between the Nigeria Stock Exchange (NSE) and the Convention on Business Integrity in Nigeria (CBI). The CGRS is designed to rate companies listed on The Nigerian Stock Exchange based on their corporate governance/integrity practices and anti-corruption culture. Qualifying companies would be placed in a […]
Ike Ilegbune serves as Director of Operations on CBi’s DFID-funded Business Innovation Facility (BIF) programme. Prior to his current role, he has previously served as Development Director and as Country Manager (Southern Nigeria) on the BIF programme, and also had a role in the pilot of Corporate Governance Rating System (CGRS) amongst other CBi assignments. He […]
Ayoyinka Johnson (Mrs.) is a graduate of English Studies from Ogun State University, Ago-Iwoye, Ogun State, Nigeria; she is currently running her Masters programme in International Relations and Strategic studies at Lagos State University, Nigeria. She joined Integrity as a projects officer and has worked on several projects. She coordinated the Integrity Club for some years […]
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