LEGAL CHALLENGES OF THE APPLICATION OF TECHNOLOGY TO CORPORATE GOVERNANCE IN NIGERIA

Abstract

The emergence of technology in modern society has necessitated its deployment in various sectors of an economy. The utilisation of technology in the corporate governance of companies in Nigeria is a welcome development due to resultant efficiency and conveniences. However, it is not without legal challenges. The doctrinal design of the qualitative research methodology was employed in this research for insight on the applicable laws on corporate governance and technology and the legal issues associated with the use of technology as applicable. The research revealed that the application of technology in corporate governance in companies in Nigeria does not only lead to convenience and efficiency in operations but can also result in legal challenges which may mar the effective deployment of technology. It concluded that there is need to ensure the effective deployment of digital tools in corporate governance operations in order to address the legal challenges may arise from the use of technology.