The business judgment rule is an ancient doctrine that was developed in the US. It seeks to prevent courts from reviewing directors’ decisions, on the basis that directors have the capacity and expertise to make business decisions. This article examines the desirability of applying the US business judgment rule in Nigeria. Through a comparative analysis, it argues that the peculiarities of Nigeria's corporate law and environment do not justify the application of the rule. More specifically, it contends that differences in the legal regime for derivative suits, standards of duty of care and skill, corporate law culture, and the distinct epoch in which the business judgment rule and the duty of care and skill were recognized in the US, make its application unnecessary in Nigeria. It concludes that the current statutory duty of care and skill should be retained to hold directors accountable for reckless business decisions.

商业判断规则是在美国开发的一种古老的学说。它力求防止法院根据董事具有做出业务决定的能力和专业知识来审查法院的决定。本文探讨了在尼日利亚应用美国商业判断规则的可取性。通过比较分析，它认为尼日利亚公司法和环境的特殊性不能证明该规则的适用。更具体地说，它主张在衍生诉讼的法律制度，谨慎和技能的义务标准，公司法律文化以及在美国公认的商业判断规则和谨慎和技能的义务的鲜明时代之间存在差异，使其在尼日利亚不必要。