National

Tinubu Makes 12 New Appointments

NEWS UPDATE

President Bola Tinubu has approved the appointment of twelve persons into the Investments and Securities Tribunal (IST).

The decision came after recommendations from the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, under the provisions of the Investments and Securities Act 2025.

The appointments are aimed at strengthening the tribunal’s role in resolving disputes related to investments and securities.

The IST was set up as a specialized body to handle such cases quickly and fairly, ensuring that investors’ rights are protected.

The new members are expected to bring expertise from law, finance, capital markets, and public service to improve the tribunal’s efficiency.

The list of new appointees includes Amos Isaac Azi as Chairman, alongside Gboyega Oyekanmi, Felix Onwuneme, Shehu Lawal Mandiya, Robert Uchenna Okwuego, Osaze Ize-Iyamu, Ummahani Ahmad Amin, Ali Sadiq Mohammed, Olatunde M. Amolegbe, Udegbulam Athanatius Chukwuemeka, Orya Ungwaga Roberts, and Kamarudee Oladosu.

The tribunal was inaugurated on Tuesday.

Officials explained that the IST plays an important role in maintaining fairness, transparency, and trust in Nigeria’s financial markets, which in turn encourages investors’ confidence.

VAM News

Recent Posts

Aiyedatiwa Removes All SSAs, SAs

...To Appoint 1,000 Aides News Update In the ongoing drive to enhance efficiency and deepen…

4 hours ago

Tinubu’s minister resigns from cabinet

Minister of Foreign Affairs, Yusuf Maitama Tuggar, has resigned from President Bola Tinubu’s cabinet to…

7 hours ago

Otuagasa Foundation Condemns Christian Group’s Prayer Session at Osun-Osogbo Grove, Calls for Probe

Otuagasa Foundation calls out security agencies over Osun-Osogbo Sacred Grove THE Otuagasa Foundation has called…

9 hours ago

Spain, Catholic church sign sex abuse victims compensation deal

The Spanish government and the Catholic Church signed an agreement Monday to compensate victims of…

10 hours ago

Tragedy as bandits attack wedding In Kaduna

Suspected bandits have attacked a wedding ceremony in Kahir village, Kagarko Local Government Area of…

10 hours ago

Lagos trains highway sweepers on safety, PPE

The Lagos Waste Management Authority has conducted a health and safety training exercise for highway…

11 hours ago