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Weak corporate governance remains a key driver of white-collar crimes in Nigeria’s corporate landscape. In this article, TEMPLARS Partner, Sadiq Ilegieuno, and Associates, Ifeoluwa Ibiyemi and Olivia Agunyego, examine how governance lapses enable fraud, misappropriation, and unethical conduct, despite Nigeria’s robust legal framework. Drawing on Nigerian and global case studies, the authors show the reputational and financial risks of governance failures.

The article highlights practical tools, including board independence, dual-authorisation rules, internal controls, and whistleblower protections, as proven deterrents to white-collar crimes, making a clear case for embedding corporate governance as a strategic priority.

Companies that adopt and enforce sound governance frameworks not only reduce exposure to misconduct but also enhance investor confidence, operational integrity, and long-term value creation.

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