A HISTORICAL APPRIASAL OF THE DEVELOPMENT OF COMPANY LAW IN NIGERIA

Abstract The development of company law in Nigeria has undergone significant transformations since its inception during the colonial era. Throughout its development, Nigerian company law has drawn inspiration from the United Kingdom’s legal system reflecting the country’s colonial past. The evolution of company law has aimed to improve corporate governance, enhance transparency and promote investor confidence. This article examines the development of company law in Nigeria from its pre-independence era to the post-independence regime, highlighting the issues and challenges of these legislations and making proposals for reform.