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FISD Appoints NSE as Executive Committee Member

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Pricing Methodology for stocks

By Dipo Olowookere

The Nigerian Stock Exchange (NSE) has been appointed as an Executive Committee (EC) member of the Financial and Information Services Association (FISD), a division of the Software and Information Industry Association (SIIA).

SIIA is an umbrella association representing 800+ technology, data and media companies globally. Industry leaders work through SIIA’s divisions.

As a division, FISD is a global forum for industry participants to address issues and challenges that impact the key players in the value chain including consumer firms, third party groups, and data providers.

Through in-person and online business development opportunities, peer networking, corporate education, intellectual property protection and government relations, FISD supports members to identify the trends that will shape the industry segment, and create education opportunities and initiatives to address them.

The Executive Committee of FISD, which is an equitable representation by each of the three FISD broad constituencies; exchanges, vendors and user firms, is charged with representing FISD membership and setting the broad direction for FISD activities.

The committee will review and approve new initiatives, provide guidance to working groups and the FISD/SIIA staff, identify priorities for the FISD budget and staff resources, and select new Executive Committee members when vacancies open.

A statement issued by the NSE disclosed that the appointment, which is for a two-year term, beginning January 2020, will have Mr Olufemi Balogun, Head, Market Services Department, represent the exchange. Chief executive of the NSE, Mr Oscar Onyema, described the appointment as a “testament to our commitment to ensuring good data governance and providing excellent customer service to our growing clients. We are inspired to leverage the platform of the FISD to continue to provide innovative data solutions to capital market operators and the investing public.”

The Exchange has been a member of FISD since 2012 and continues to pursue active membership in other international and regional organisations that promote the development and integration of global best practices across its operations.

“Our membership of FISD aligns with our commitment to provide local and international stakeholders with accurate, reliable and timely market data.

“We have a suite of Market Data products that provide professionals and non-professionals such as the market intermediaries, issuers and investors, with easy access to market information for quick analysis on their investment.

“We are, therefore, pleased with this appointment as it strategically positions the NSE to further influence Market Data industry policies,” said Mr Jude Chiemeka, the Divisional Head, Trading Business Division at NSE.

Positioned as a data hub for innovation, the NSE continues to invest in the latest technology tools and data products to provide value to its clients. The latest product is the Investors Relations Data pack, launched in July 2019.

The IR Data Pack is an innovative and dynamic webpage integrated with key market data, corporate news and disclosures, for corporate issuers. It is a necessary tool required by issuers to improve their engagement with investors.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Jobs/Appointments

Kayode Oyekanmi Replaces Sola Kosoko as LTV General Manager

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Kayode Oyekanmi LTV General Manager

By Modupe Gbadeyanka

Lagos Television (LTV 8), Alausa, Ikeja, has a new General Manager, and he is Mr Kayode Oyekanmi, replacing Mrs Sola Kosoko, who was ousted by the Lagos State government.

Mr Oyekanmi was presented with his letter of appointment on Wednesday, May 13, 2026, by the Lagos State Head of Service, Mr Bode Agoro, in a brief ceremony.

The new General Manager of the state-owned broadcast station was tasked with using his vast experience in the media space to take LTV 8 to greater heights.

Mr Agoro expressed confidence in Mr Oyekanmi’s capacity to reposition Lagos Television and wished him a successful and impactful tenure of office.

Prior to his appointment, Mr Oyekanmi served as the Director of Strategy Centre at the Lagos State Ministry of Information and Strategy, a position he has held since 2022.

A seasoned brand communications practitioner, Mr Oyekanmi has over three decades of professional experience spanning both the private and public sectors, with expertise in Advertising, Public Relations, and global export services.

He commenced his public service career as a Public Affairs Practitioner on March 1, 2000, with the Lagos State Ministry of Information and Strategy.

The new LTV boss, a Lagos State indigene from Isale Eko, Lagos Island, has received several awards in recognition of his dedication, hard work, and commitment to the journalism profession.

He holds a Master’s degree in Public Administration (MPA) from the University of Lagos and a Bachelor’s degree in English Language and Education from Lagos State University.

He is an active Member of the Nigeria Union of Journalists (NUJ) and the Nigerian Institute of Public Relations (NIPR).

In addition, he is a voracious reader and a passionate lawn tennis player, and currently serves as the Charter President of the Lagos State Ministry of Information Toastmasters Club.

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Tinubu Chooses Famadewa as Special Adviser on Homeland Security

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adeyinka famadewa

By Modupe Gbadeyanka

A retired Major-General, Mr Adeyinka Famadewa, has been appointed as the Special Adviser to President Bola Tinubu on Homeland Security.

The appointee retired from the military after over three decades, with experience in national security strategy, intelligence fusion, counter-terrorism operations, and international security diplomacy.

His career reflects a rare blend of operational excellence, strategic foresight, and institutional leadership in safeguarding Nigeria’s territorial integrity and national interests, a circular signed by the Secretary to the Government of the Federation (SGF), Mr George Akume, said.

It was disclosed that Mr Famadewa was chosen for the position because of his exceptional record of service, strategic expertise, and outstanding contributions to Nigeria’s national security architecture.

The notice said the appointment underscores the commitment of the administration of Mr Tinubu to strengthening internal security coordination, enhancing intelligence-driven operations, and deepening inter-agency collaboration in addressing emerging security threats across the country.

The President expressed confidence that Mr Famadewa’s appointment will further enhance the government’s efforts toward achieving a safer and more secure Nigeria through improved coordination of homeland security initiatives, intelligence integration, and proactive risk management.

He also urged him to deploy his wealth of experience, professionalism, and strategic insight in advancing national security objectives and supporting the administration’s agenda.

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FCMB Fortifies Board With Appointment of LSETF Chair Adepeju Adebajo

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Adepeju Adebajo

By Aduragbemi Omiyale

In a bid to strengthen its board and support its transformation goals, FCMB Group Plc has appointed the chairman of the board of the Lagos State Employment Trust Fund (LSETF), Mrs Adepeju Adebajo, as an independent non-executive director.

A statement signed by the company secretary, Mrs Olufunmilayo Adelabu, disclosed that the appointment has been approved by the Central Bank of Nigeria (CBN).

She brings to the board over 30 years of experience across industry, renewable energy, agriculture, finance and consulting. She has worked with teams and clients in sub-Saharan Africa and Europe, helping them grow and multiply impact.

Throughout her career, Mrs Adebajo has led teams through change and growth. She previously worked at Lafarge Africa Plc, and was once the chief executive of Mouka Limited, Lumos Nigeria, UTC Nigeria Plc and an Assistant General Manager at United Bank for Africa (UBA) Plc. She is a Transformation Lead at Etex Group (Nigerite and Emenite Limited).

In 2025, she founded Climate Governance Initiative Nigeria, affiliated with the World Economic Forum (WEF) and serves on the World Economic Forum Council on Climate and Nature Governance (2025-2027).

Mrs Adebajo holds a Master’s and a BSc in Chemical Engineering from Imperial College London and an MBA from Harvard Business School.

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