THE GOVERNANCE CIRCLE

  For decades, cybersecurity was neatly filed away in the corporate basement as an operational "IT problem."  Boards of directors set the strategic direction, reviewed financial statements, and left the technical jargon to the Chief Information Security Officer (CISO). That era is officially over. In today’s digital-first business environment, a cyberattack is no longer a matter of if , but when .  When disaster strikes—whether through a crippling ransomware attack, a massive data breach, or supply chain infiltration—the fallout lands squarely on the boardroom table. Regulators, shareholders, and the public now expect directors to exercise active oversight over cyber risk.  To do that effectively, every corporate director needs cyber literacy. Cybersecurity is a Core Business Risk, Not Just an IT Issue Board members routinely evaluate financial, legal, and operational risks. Yet, cybersecurity is frequently treated as an exception—something too complex for non-techni...

Urban flooding brings ESG to our doorsteps In early June 2026, parts of Accra became unrecognizable. Roads in Kaneshie, Odawna, and around Kwame Nkrumah Circle became rivers within hours of a sustained downpour. Emergency responders worked through the night rescuing residents trapped by rising water. Businesses were destroyed. Transport ground to a halt.  Three weeks later, Lagos joined it. The Gbagada Expressway, the Oshodi axis, Lekki, Agungi were submerged as a multi-hour downpour overwhelmed every drainage system the state had invested in.  A section of the Nigerian Air Force base fence in Oshodi collapsed, crushing civilian vehicles. Flight operations at Murtala Muhammed International Airport were disrupted. Markets, schools, and businesses shuttered as floodwaters breached their walls. Experts put the potential economic loss at N500 billion from this single event.  This was not exactly a surprise. Earlier in April, Nigeria’s Hydrological Services Agency had placed L...