Family Business Summit 2026 Calls for Governance Reforms

The Family Business Summit 2026 concluded in Lagos, running from October 15 to 17, with a focus on enhancing governance and succession planning in Nigerian family businesses. The summit, themed "Beyond the Founder: Scaling Family Businesses Across Generations," brought together business leaders, entrepreneurs, and experts to discuss business continuity, wealth preservation, and sustainable growth.

Oghenevwoke Ighure, the summit's convener, stressed the importance of establishing institutions that can survive beyond their founders. Keynote addresses were delivered by Frank Aigbogun, Publisher of BusinessDay, Sam Abu, Country Senior Partner at PwC Nigeria, and Bolaji Balogun, Chairman and Chief Executive Officer of Chapel Hill Denham.

Discussions included the significance of patient capital, governance, and the distinction between family wealth and corporate resources. Esiri Agbeyi, PwC Nigeria Partner and Africa Family Business Leader, presented findings from the PwC Africa Family Business Survey, highlighting the critical role of succession planning in ensuring the future success of family enterprises.