Across Nigeria’s top publicly listed companies, one might expect to find boardrooms filled with diverse voices and perspectives. In reality, only a small number of women currently hold executive positions shaping corporate governance.
The NGX-30 refers to the 30 largest and most liquid (frequently traded) companies listed on the Nigerian Exchange (NGX).
According to the 2025 PWR Advisory NGX-30 Board Gender Diversity Scorecard, women now hold 31.1% of board seats among the top 30 listed companies, up from 29.7% in 2024.
While their numbers remain few, their influence is unmistakable, guiding strategic decisions that affect millions of shareholders, employees, and industry stakeholders across the country.
In a sector defined by rapid change and competitive pressures, their contributions are critical to sustaining growth, managing risk, and setting benchmarks for corporate governance across Nigeria’s top-listed companies.
Though much of their work happens behind the scenes, the outcomes are clear. In 2025, the NGX All‑Share Index, which tracks the performance of the companies listed on the exchange, hit a record high of 155,613 points by year-end, finishing up more than 51% and solidifying its position among the best-performing emerging and frontier market exchanges globally.
These leaders are not just present in the boardroom, they are driving results, shaping policy, and setting benchmarks for operational excellence.
Here are the 13 female executive directors of Nigeria’s top 30 publicly listed companies
Ms. Felicia Obozuwa is the Executive Director of Corporate Services and Service Management at First City Monument Bank Plc (FCMB), a role she assumed on 3 January 2025.
- She has three decades of experience in the Nigerian banking sector. Prior to her current role, she served as Divisional Head of the Corporate Services Division and Service Management.
- She has also led the Human Resources and Change Management function and held positions as Vice President and Group Head of Premium Banking at the bank.
- Ms. Obozuwa began her career at FCMB as a management trainee in 1998 and spent the early years of her career in corporate banking before transitioning to commercial banking as manager of the Ikeja branch.
- After completing her MBA at the University of Exeter in the United Kingdom in 2006, she was appointed Head of Product Development for Consumer Banking at FCMB. In that capacity, she launched the bank’s Wealth Management business, which later evolved into the Premium Banking segment of the retail division.
Ms. Obozuwa holds an honours degree in Law from Obafemi Awolowo University, Ile‑Ife, Nigeria.
Women of greater reasons of Life 💝🙏
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