The Investments and Securities Tribunal (IST) has called on aggrieved investors to approach the Tribunal for faster adjudication on issues of capital markets disputes.
Chairman, IST, Mr. Amos Azi made the call when the executives of the Finance Correspondents Association of Nigeria (FICAN) paid a courtesy call on the Tribunal, in Abuja.
Mr. Azi stated that the Tribunal contributes significantly to the ease of doing business in Nigeria by successfully carrying out the mediation task among aggrieved investors in the capital market and ensuring the disputes are resolved within 90 days.
He disclosed that Ethics and Integrity Compliance Score card for Ministries Departments and Agencies (MDAs) in it’s rankings, rated the IST 69.80% in 2023, thereby making it a confidence booster for investors in the Nigerian Capital market.
The Ethics and Integrity Compliance Score Card for Ministries, Departments and Agencies (MDAs) had earlier rated the Investments and Securities Tribunal 46% in 2021 and 69.25% in 2022 owing to its contribution to the nation’s capital market through conflict resolution.
Assuring of the Tribunal’s determination to make more valid contributions to the success of the capital market and the Nigerian economy, the Investments and Securities Tribunal called for more support to achieve its mandate
On his part, the Chairman of FICAN Bassey Udo promised to get FICAN members to pay more attention to issues from the Tribunal in order to make her activities known and embraced by the public.
FICAN is the umbrella body of Finance Correspondents who cover financial issues and the Economy.
