President Bola Ahmed Tinubu has announced a major reshuffle at the Investments and Securities Tribunal (IST) by appointing twelve new members to the body, a move widely seen as a step to strengthen Nigeria’s financial market regulation.
The new appointments are expected to boost the tribunal’s efficiency in handling disputes relating to investments and securities, protecting investor rights, and reinforcing confidence in the nation’s capital market. The IST, established as a specialized adjudication body, plays a crucial role in ensuring transparency and fairness in Nigeria’s financial sector.
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Heading the list of appointees is Amos Isaac Azi, who will serve as Chairman. Other members include 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 amid renewed calls for faster and more transparent dispute resolution in Nigeria’s capital markets. Officials believe the strengthened IST will drive investor confidence, improve market integrity, and position Nigeria as a more attractive investment hub.