The Development of Company Law in Nigeria: Ordinances, Acts, and the Road to CAMA
Before tracing its development, it helps to be clear about what company law actually governs. At its core, company law is the body of rules that determines how groups of persons may organise themselves for business purposes, how such organisations acquire legal personality, how they are governed and managed, how their members' interests are protected, and how they come to an end.¹ In the Nigerian context, the subject is inseparable from the broader question of how the economy is organised. Every registered company, from a small private firm with two shareholders to a publicly listed conglomerate traded on the Nigerian Exchange...
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