By Frank Ulom
The Nigerian Exchange Group Plc has reaffirmed its commitment to strengthening corporate governance standards in collaboration with the Chartered Institute of Directors Nigeria.
Chairman of NGX Group, Umaru Kwairanga, made this known at the unveiling of the CIoD 2026 Corporate Governance Outlook held in Ikoyi, Lagos. He described the institute as Nigeria’s premier body for directors, highlighting its leadership role in advancing governance through training, research and advocacy across both private and public sectors.
Kwairanga emphasised the need for directors to maintain strong ethical standards amid evolving business conditions. “Good ethical values should serve as a compass guiding directors, especially in today’s rapidly changing business landscape,” he said.
He noted that the Corporate Governance Outlook serves as a strategic platform for industry practitioners to review best practices, gain insights and stay informed on emerging governance trends.
Speaking on the role of the Exchange, Kwairanga stated that NGX remains the preferred listing platform for companies seeking public quotation, with a responsibility to safeguard investor interests through strict adherence to governance standards.
He explained that corporate governance requirements are embedded in the Exchange’s listing criteria, adding that NGX actively monitors compliance among listed firms. According to him, defaulters are sanctioned, while companies demonstrating exemplary governance practices are duly recognised.
Kwairanga further noted that both NGX Group and CIoD share aligned objectives in promoting ethical leadership and sound corporate governance across institutions.
He commended the institute for its sustained efforts, stating that such initiatives complement the Exchange’s regulatory mandate. He also pledged continued collaboration between both organisations to further strengthen governance practices in Nigeria.
