BRIPAN calls for overhaul of business recovery architecture

The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) has called for a stronger business recovery and restructuring architecture that can help distressed businesses survive and preserve economic value amid growing economic and regulatory pressures. Abiodun Ariyibi, vice president of BRIPAN and chairman of the 2026 International Insolvency Conference Planning Committee, said Nigeria’s insolvency framework must evolve to respond to economic uncertainty, technological disruption, changing regulations, climate-related risks and shifting stakeholder expectations. Ariyibi made the call ahead of BRIPAN’s Annual International Insolvency Conference, scheduled for September 24 and 25 at the Civic Centre, Victoria Island, Lagos. He said Nigeria’s economic transformation requires more than the creation of new businesses, arguing that mechanisms for recovering and restructuring existing businesses are equally important. “Economic transformation cannot be achieved by creating new businesses alone; it also requires preserving and revitalising existing ones,” Ariyibi said. According to him, effective business recovery and restructuring mechanisms can help distressed organisations overcome financial difficulties, protect livelihoods and retain value within the economy. The association said its conference, themed “Building an Insolvency Architecture for a New World Order,” will examine how Nigeria’s insolvency architecture can respond to emerging realities while aligning with global best practices. “We must collectively examine how our insolvency architecture can respond to emerging realities while aligning with global best practices. We must explore innovative solutions, leverage technology, strengthen regulatory frameworks, and encourage collaboration among all actors within the insolvency ecosystem,” Ariyibi said. BRIPAN’s position places greater emphasis on insolvency as a mechanism for business recovery rather than simply a process for managing corporate failure. The association said the two-day conference will bring together insolvency practitioners, regulators, policymakers, judges, legal professionals, financial experts, business leaders, academics and development partners to discuss business recovery, restructuring and insolvency practice. It said discussions will cover emerging trends and regulatory developments, with the broader objective of strengthening economic resilience through effective recovery and restructuring practices. The conference will also provide opportunities for participants to engage with senior decision-makers across the legal, financial, regulatory, corporate and advisory sectors. Share

Abiodun Ariyibi, vice president of BRIPAN and chairman of the 2026 International Insolvency Conference Planning Committee, said Nigeria’s insolvency framework must evolve to respond to economic uncertainty, technological disruption, changing regulations, climate-related risks and shifting stakeholder expectations. Ariyibi made the call ahead of BRIPAN’s Annual International Insolvency Conference, scheduled for September 24 and 25 at the Civic Centre, Victoria Island, Lagos. He said Nigeria’s economic transformation requires more than the creation of new businesses, arguing that mechanisms for recovering and restructuring existing businesses are equally important. “Economic transformation cannot be achieved by creating new businesses alone; it also requires preserving and revitalising existing ones,” Ariyibi said. According to him, effective business recovery and restructuring mechanisms can help distressed organisations overcome financial difficulties, protect livelihoods and retain value within the economy. The association said its conference, themed “Building an Insolvency Architecture for a New World Order,” will examine how Nigeria’s insolvency architecture can respond to emerging realities while aligning with global best practices. “We must collectively examine how our insolvency architecture can respond to emerging realities while aligning with global best practices. We must explore innovative solutions, leverage technology, strengthen regulatory frameworks, and encourage collaboration among all actors within the insolvency ecosystem,” Ariyibi said. BRIPAN’s position places greater emphasis on insolvency as a mechanism for business recovery rather than simply a process for managing corporate failure. The association said the two-day conference will bring together insolvency practitioners, regulators, policymakers, judges, legal professionals, financial experts, business leaders, academics and development partners to discuss business recovery, restructuring and insolvency practice. It said discussions will cover emerging trends and regulatory developments, with the broader objective of strengthening economic resilience through effective recovery and restructuring practices. The conference will also provide opportunities for participants to engage with senior decision-makers across the legal, financial, regulatory, corporate and advisory sectors. Share

Ariyibi made the call ahead of BRIPAN’s Annual International Insolvency Conference, scheduled for September 24 and 25 at the Civic Centre, Victoria Island, Lagos. He said Nigeria’s economic transformation requires more than the creation of new businesses, arguing that mechanisms for recovering and restructuring existing businesses are equally important. “Economic transformation cannot be achieved by creating new businesses alone; it also requires preserving and revitalising existing ones,” Ariyibi said. According to him, effective business recovery and restructuring mechanisms can help distressed organisations overcome financial difficulties, protect livelihoods and retain value within the economy. The association said its conference, themed “Building an Insolvency Architecture for a New World Order,” will examine how Nigeria’s insolvency architecture can respond to emerging realities while aligning with global best practices. “We must collectively examine how our insolvency architecture can respond to emerging realities while aligning with global best practices. We must explore innovative solutions, leverage technology, strengthen regulatory frameworks, and encourage collaboration among all actors within the insolvency ecosystem,” Ariyibi said. BRIPAN’s position places greater emphasis on insolvency as a mechanism for business recovery rather than simply a process for managing corporate failure. The association said the two-day conference will bring together insolvency practitioners, regulators, policymakers, judges, legal professionals, financial experts, business leaders, academics and development partners to discuss business recovery, restructuring and insolvency practice. It said discussions will cover emerging trends and regulatory developments, with the broader objective of strengthening economic resilience through effective recovery and restructuring practices. The conference will also provide opportunities for participants to engage with senior decision-makers across the legal, financial, regulatory, corporate and advisory sectors. Share

He said Nigeria’s economic transformation requires more than the creation of new businesses, arguing that mechanisms for recovering and restructuring existing businesses are equally important. “Economic transformation cannot be achieved by creating new businesses alone; it also requires preserving and revitalising existing ones,” Ariyibi said. According to him, effective business recovery and restructuring mechanisms can help distressed organisations overcome financial difficulties, protect livelihoods and retain value within the economy. The association said its conference, themed “Building an Insolvency Architecture for a New World Order,” will examine how Nigeria’s insolvency architecture can respond to emerging realities while aligning with global best practices. “We must collectively examine how our insolvency architecture can respond to emerging realities while aligning with global best practices. We must explore innovative solutions, leverage technology, strengthen regulatory frameworks, and encourage collaboration among all actors within the insolvency ecosystem,” Ariyibi said. BRIPAN’s position places greater emphasis on insolvency as a mechanism for business recovery rather than simply a process for managing corporate failure. The association said the two-day conference will bring together insolvency practitioners, regulators, policymakers, judges, legal professionals, financial experts, business leaders, academics and development partners to discuss business recovery, restructuring and insolvency practice. It said discussions will cover emerging trends and regulatory developments, with the broader objective of strengthening economic resilience through effective recovery and restructuring practices. The conference will also provide opportunities for participants to engage with senior decision-makers across the legal, financial, regulatory, corporate and advisory sectors. Share

“Economic transformation cannot be achieved by creating new businesses alone; it also requires preserving and revitalising existing ones,” Ariyibi said. According to him, effective business recovery and restructuring mechanisms can help distressed organisations overcome financial difficulties, protect livelihoods and retain value within the economy. The association said its conference, themed “Building an Insolvency Architecture for a New World Order,” will examine how Nigeria’s insolvency architecture can respond to emerging realities while aligning with global best practices. “We must collectively examine how our insolvency architecture can respond to emerging realities while aligning with global best practices. We must explore innovative solutions, leverage technology, strengthen regulatory frameworks, and encourage collaboration among all actors within the insolvency ecosystem,” Ariyibi said. BRIPAN’s position places greater emphasis on insolvency as a mechanism for business recovery rather than simply a process for managing corporate failure. The association said the two-day conference will bring together insolvency practitioners, regulators, policymakers, judges, legal professionals, financial experts, business leaders, academics and development partners to discuss business recovery, restructuring and insolvency practice. It said discussions will cover emerging trends and regulatory developments, with the broader objective of strengthening economic resilience through effective recovery and restructuring practices. The conference will also provide opportunities for participants to engage with senior decision-makers across the legal, financial, regulatory, corporate and advisory sectors. Share

According to him, effective business recovery and restructuring mechanisms can help distressed organisations overcome financial difficulties, protect livelihoods and retain value within the economy. The association said its conference, themed “Building an Insolvency Architecture for a New World Order,” will examine how Nigeria’s insolvency architecture can respond to emerging realities while aligning with global best practices. “We must collectively examine how our insolvency architecture can respond to emerging realities while aligning with global best practices. We must explore innovative solutions, leverage technology, strengthen regulatory frameworks, and encourage collaboration among all actors within the insolvency ecosystem,” Ariyibi said. BRIPAN’s position places greater emphasis on insolvency as a mechanism for business recovery rather than simply a process for managing corporate failure. The association said the two-day conference will bring together insolvency practitioners, regulators, policymakers, judges, legal professionals, financial experts, business leaders, academics and development partners to discuss business recovery, restructuring and insolvency practice. It said discussions will cover emerging trends and regulatory developments, with the broader objective of strengthening economic resilience through effective recovery and restructuring practices. The conference will also provide opportunities for participants to engage with senior decision-makers across the legal, financial, regulatory, corporate and advisory sectors. Share

The association said its conference, themed “Building an Insolvency Architecture for a New World Order,” will examine how Nigeria’s insolvency architecture can respond to emerging realities while aligning with global best practices. “We must collectively examine how our insolvency architecture can respond to emerging realities while aligning with global best practices. We must explore innovative solutions, leverage technology, strengthen regulatory frameworks, and encourage collaboration among all actors within the insolvency ecosystem,” Ariyibi said. BRIPAN’s position places greater emphasis on insolvency as a mechanism for business recovery rather than simply a process for managing corporate failure. The association said the two-day conference will bring together insolvency practitioners, regulators, policymakers, judges, legal professionals, financial experts, business leaders, academics and development partners to discuss business recovery, restructuring and insolvency practice. It said discussions will cover emerging trends and regulatory developments, with the broader objective of strengthening economic resilience through effective recovery and restructuring practices. The conference will also provide opportunities for participants to engage with senior decision-makers across the legal, financial, regulatory, corporate and advisory sectors. Share

“We must collectively examine how our insolvency architecture can respond to emerging realities while aligning with global best practices. We must explore innovative solutions, leverage technology, strengthen regulatory frameworks, and encourage collaboration among all actors within the insolvency ecosystem,” Ariyibi said. BRIPAN’s position places greater emphasis on insolvency as a mechanism for business recovery rather than simply a process for managing corporate failure. The association said the two-day conference will bring together insolvency practitioners, regulators, policymakers, judges, legal professionals, financial experts, business leaders, academics and development partners to discuss business recovery, restructuring and insolvency practice. It said discussions will cover emerging trends and regulatory developments, with the broader objective of strengthening economic resilience through effective recovery and restructuring practices. The conference will also provide opportunities for participants to engage with senior decision-makers across the legal, financial, regulatory, corporate and advisory sectors. Share

BRIPAN’s position places greater emphasis on insolvency as a mechanism for business recovery rather than simply a process for managing corporate failure. The association said the two-day conference will bring together insolvency practitioners, regulators, policymakers, judges, legal professionals, financial experts, business leaders, academics and development partners to discuss business recovery, restructuring and insolvency practice. It said discussions will cover emerging trends and regulatory developments, with the broader objective of strengthening economic resilience through effective recovery and restructuring practices. The conference will also provide opportunities for participants to engage with senior decision-makers across the legal, financial, regulatory, corporate and advisory sectors. Share

The association said the two-day conference will bring together insolvency practitioners, regulators, policymakers, judges, legal professionals, financial experts, business leaders, academics and development partners to discuss business recovery, restructuring and insolvency practice. It said discussions will cover emerging trends and regulatory developments, with the broader objective of strengthening economic resilience through effective recovery and restructuring practices. The conference will also provide opportunities for participants to engage with senior decision-makers across the legal, financial, regulatory, corporate and advisory sectors. Share

It said discussions will cover emerging trends and regulatory developments, with the broader objective of strengthening economic resilience through effective recovery and restructuring practices. The conference will also provide opportunities for participants to engage with senior decision-makers across the legal, financial, regulatory, corporate and advisory sectors. Share

The conference will also provide opportunities for participants to engage with senior decision-makers across the legal, financial, regulatory, corporate and advisory sectors. Share