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Introduction

We are pleased to release the results of our Survey of Board Remuneration in the NSE 301 (Top 30 Capitalised companies on the Nigerian Stock Exchange). The Survey covered the Board Chairman and Other Non-Executive Directors (NEDs). The objectives of the Survey are to:

  • provide valuable information on remuneration levels and
    practices in the NSE 30
  • enable Management determine competitiveness of NED
    pay
  • support alignment with corporate governance
    requirements in respect of Director remuneration
  • contribute to the development of reward practices in
    Nigeria.

Corporate governance remains a critical pillar for any organisation to achieve its business goals and objectives and a company’s Board of Directors is responsible for ensuring compliance with good corporate governance practices which are pivotal to business growth and sustainability.

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