By Darasimi Kikelomo
For decades, Nigeria’s corporate boardrooms were dominated by men. Today, that picture is changing. From banking to oil and gas, more women are stepping into leadership roles, signaling a gradual but powerful shift toward gender inclusion.
The Central Bank of Nigeria recently noted that several major banks now have female chief executives — a first in the country’s financial history. This trend is also reflected in telecommunications, manufacturing, and even energy, traditionally male-heavy industries.
“Representation matters,” says business strategist Ifeoma Adeyemi. “When women occupy decision-making positions, companies perform better and workplace cultures change.”
Studies by McKinsey show that companies with diverse boards are 25% more likely to achieve above-average profitability. In Nigeria, firms are beginning to embrace diversity not only as a social responsibility but as a business strategy.
Despite the progress, obstacles persist. Many women still face unequal pay, fewer promotion opportunities, and workplace bias. Cultural expectations often place family responsibilities squarely on women, leaving them stretched between home and office.
But new initiatives are creating pathways. Mentorship programs, gender equity policies, and leadership training initiatives are being rolled out by both corporations and NGOs. The Federal Government has also reiterated its commitment to enforcing policies that encourage workplace equality.
“We are breaking barriers, one boardroom at a time,” Adeyemi said. “It is no longer unusual to see women chairing boards or leading billion-naira corporations. The glass ceiling is cracking, and soon it will shatter.”
