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DealHQ Partners, a boutique commercial law firm, has hosted the first edition of its Enterprise Roundtable. The event, which held last week in Lagos, was designed to deepen knowledge in business practices and drive policy changes that can enhance the performance of enterprises within DealHQ's practice areas, according to a statement released by the firm.

Themed, “Building Sustainable Enterprises Through Adaptive Corporate Governance Practices,” the event brought together over 40 C-Level executives. CEO of the Financial Reporting Council of Nigeria (FRC), represented by Prof. Musa Inuwa Fodio, set the tone for the event with a keynote address on Institutionalizing Corporate Governance Best Practices in Private Enterprises. He emphasized the intention of the FRC to make good governance practices a culture within corporate Nigeria. He said accountability, sustainability and ethics are the pillars of good corporate governance.

The other speakers at the event included Adebisi Adeyemi, MD, DCSL Corporate Services Limited. Speaking on Entrenching Effective Board Practices for Optimal Corporate Performance, she emphasized the need to embed accountability, foresight, strategy and supervision in board activities. Banji Fehintola, President of the CFA Society Nigeria and Senior Director/Head of Treasury & Financial Institutions, Africa Finance Corporation, spoke on the Role of Responsible Financial Reporting in Enterprise Growth. He reiterated the need for transparency, comprehensiveness and consistency in the financial reporting practices of companies in Nigeria.

Tosin Ajose, Lead Advisor at DealHQ, spoke on Navigating the National Corporate Governance Code for Effective Compliance. She provided insights on how companies can effectively achieve compliance with the Nigerian code of corporate governance and best practices.

The panel session featured Moshood Olajide, Executive Director of Finance and Risk Management at Forte Oil; Charles Ojo, Company Secretary at CSCS Plc; and Prof. Fodio, who is also a member of the FRC’s Governing Council. The session – moderated by Femi Awofala, CEO of Brickstone Africa – proffered ideas on how to ensure that the implementation of the code enhances rather than impedes the operational and financial performance of companies.

The event ended with the unveiling of the demo of DealHQ Corporate Governance Compliance Report Generator for Private Companies. This is an automated system of reporting and measuring compliance with governance, and other legal and regulatory obligations of private companies.