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SEC DG Agama to Remain IOSCO AMERC Vice Chair Till 2028

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SEC DG emomotimi agama

By Adedapo Adesanya

The Director General of the Securities and Exchange Commission (SEC) of Nigeria, Mr Emomotimi Agama, has been re-elected as the Vice Chair of the Africa/Middle-East Regional Committee (AMERC) of the International Organisation of Securities Commissions (IOSCO) for a second term spanning 2026–2028.

IOSCO was established in 1983 to serve as the global standard-setter for the securities industry and is recognised as the leading international policy forum for securities regulators.

Its members regulate more than 95 per cent of the world’s securities markets across over 100 jurisdictions.

This appointment, confirmed by IOSCO, reflects the growing recognition of Nigeria’s capital market and its strategic importance within the Africa and Middle East region.

According to a statement, the re-election of its DG reflects the confidence of peer regulators in Nigeria’s leadership, regulatory progress, and continued commitment to strengthening capital market systems.

The re-election also presents a significant opportunity for SEC Nigeria to deepen its engagement at the highest level of global securities regulation.

As AMERC Vice Chair, Nigeria will maintain a seat on the IOSCO Board, the organisation’s highest policy-making body, where critical decisions shaping global capital market standards, regulatory frameworks, and cross-border cooperation are made.

This position ensures the country’s perspectives, experiences, and priorities are represented in key discussions that influence the direction of international financial markets.

According to Mr Agama, “Beyond representation, this development enhances Nigeria’s ability to contribute meaningfully to global regulatory dialogue, particularly in areas such as enforcement cooperation, market integrity, and investor protection.”

It creates a stronger platform for collaboration with other jurisdictions on cross-border regulatory issues, including tackling illicit financial flows and strengthening supervisory frameworks.

The role further supports ongoing efforts to align Nigeria’s capital market with international best practices, fostering greater investor confidence and facilitating increased participation in global financial markets.

“Ultimately, this milestone reinforces Nigeria’s position as a leading voice in regional and global capital market development. It is expected to contribute to building a more resilient, transparent, and robust capital market ecosystem, not only within Nigeria but across the broader Africa and Middle East region. SEC Nigeria remains committed to leveraging this opportunity to advance regulatory excellence, deepen market integration, and support sustainable economic growth.”

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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CSP Anietie Iniedu Replaces DCP Anthony Placid as Police Spokesman

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CSP Anietie Iniedu

By Aduragbemi Omiyale

The Nigeria Police Force (NPF) has a new spokesman: Mr Anietie Okokon Edem Iniedu, a Chief Superintendent of Police (CSP).

He is to replace Mr Anthony Okon Placid, a Deputy Commissioner of Police (DCP).

The change of guard was approved by the Inspector General of Police (IGP), Mr Tunji Disu.

In a statement on Friday, it was disclosed that the new Force Public Relations Officer of the police has extensive experience in public communication, operational policing, intelligence management, institutional accountability, and administration.

The IGP expressed confidence in his capacity to lead the Force Public Relations Department, noting that his experience and professional background will further enhance the agency’s strategic communication efforts and strengthen public engagement in support of ongoing policing reforms and operational successes.

A native of Etinan Local Government Area of Akwa Ibom State, he holds a Bachelor of Science (B.Sc.) degree in Pure Chemistry from the University of Uyo and has undergone several professional trainings in investigative interviewing, crime scene management, human rights-based policing, strategic communication, and intelligence analysis.

Prior to his appointment, he served as Head of the Complaint Response Unit (CRU), Force Headquarters, Abuja, where he coordinated public complaint management and championed initiatives aimed at strengthening transparency, accountability, and public trust in the Nigeria Police Force. He also previously served as Public Relations Officer of the Police College of Information Technology, Kobape, Ogun State, among several operational and administrative appointments across the country.

CSP Iniedu has held key positions including Operations Officer, Maisandari Division, Yobe State Command; Area Crime Officer, Umuahia Area Command, Abia State; Staff Officer, IGP Secretariat, Force Headquarters; Second-in-Command, 50 Police Mobile Force Squadron, Kubwa; and Officer-in-Charge of the Force Headquarters Situation Room, where he supervised the coordination and dissemination of crime and security information nationwide.

He can be reached via 08128526154, and X (Formerly Twitter): @cspiniedu.

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Tinubu Extends Customs CG Adeniyi Tenure by Six Months

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adewale adeniyi customs

By Modupe Gbadeyanka

The tenure of the Comptroller General of the Nigeria Customs Service, Mr Adewale Adeniyi, has been extended by six months.

This is the second time the tenure of Mr Adeniyi is being extended by President Bola Tinubu.

A statement on Friday night by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed that the customs chief is getting extra time in office to enable him to consolidate the implementation of the National Single Window and ensure an orderly succession in the service.

The tenure of the first extension is expected to end on August 1, 2026, but with the fresh tenure elongation, Mr Adeniyi is scheduled to bow out of service in February 2027.

“During the transition period, Adeniyi, working with the Nigeria Customs Service (NCS) Board, will ensure the promotion of eligible officers to the rank of Comptroller of Customs and the compulsory retirement of officers who have attained 60 years of age or have served 35 years,” a part of the statement said.

Mr Adeniyi joined customs after graduating from Obafemi Awolowo University (OAU), Ile-Ife, Osun State, in the late 80s.

He rose through the ranks, becoming deputy comptroller in 2012, comptroller in 2017, assistant comptroller general in 2020, acting deputy comptroller-general in January 2023, before his appointment by President Tinubu in June 2023 as the Comptroller General.

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Tinubu Appoints ex-KGMP CEO Kunle Elebute as FRCN Head

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Kunle Elebute

By Adedapo Adesanya

President Bola Tinubu has appointed a former chief executive of KPMG Nigeria, Mr Kunle Elebute, as chairperson of the Governing Board of the Financial Reporting Council of Nigeria (FRCN).

The appointment was disclosed in a statement signed by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, on Thursday.

According to the statement, the appointment reinforces the federal government’s commitment to strengthening corporate governance, enhancing investor confidence, and deepening transparency and accountability within Nigeria’s financial reporting ecosystem.

The profile of the new FRC chair indicates that Mr Elebute is a distinguished Chartered Accountant and financial management consultant with over four decades of professional experience spanning Nigeria, West Africa, and global markets.

He previously served as Senior Partner of KPMG Nigeria, Chairman of KPMG West Africa, and Chairman of KPMG Africa. During his illustrious career, he also served on KPMG’s regional and global boards, including its Global Board Audit Committee.

Mr Elebute is widely respected for his expertise in audit, financial advisory, risk consulting, corporate governance, and strategic transformation.

“Mr Elebute’s appointment comes at a pivotal time as the FRCN advances key institutional priorities, including ongoing engagements under the UK-Nigeria Enhanced Trade and Investment Partnership and broader efforts to align Nigeria’s corporate reporting framework with international best practices.

“The Federal Government is confident that his wealth of experience, leadership, and governance expertise will further strengthen the Council’s mandate and support the Renewed Hope Agenda’s objective of building a more transparent, competitive, and investment-friendly economy,” the statement added.

FRCN has the mandate of setting and enforcing financial reporting, auditing, actuarial, valuation, and corporate governance standards in Nigeria.

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