News
CIS Unveils Honour Roll, Seeks Funding Support

The Chartered Institute of Stockbrokers (CIS) has unveiled Roll of Honour for 57 companies and 24 individuals that supported its acquisition and renovation of a new corporate headquarters even as it is seeking grants and other forms of financial support from the market regulators.

As part of its strategic positioning for enhanced training and certification of securities professionals in Nigeria, the Institute has acquired and renovated a state-of -the art Office at highbrow Ikoyi axis of Lagos.
Welcoming guests at the unveiling of the Roll of Honour and inauguration of Special Facilities in the new Head Office, the President and Chairman of the Council, Mr Olatunde Amolegbe appreciated all institutions and individuals that contributed towards acquisition and renovation of the new Secretariat and appealed for others’ support.
Amolegbe explained that the Institute needed more funds to enable it operate optimally, given its strategic roles of capacity building, certification and advocacy.
“As the training and certification body within the Capital Market, our Institute requires sustainable financing that goes beyond members’ annual subscription. I therefore, request that our regulators take a second look at the funding structure within the capital market with the objective of accommodating the CIS in the structure.
“By this, an arrangement could be made that provides CIS with annual grants from the various regulatory bodies and platforms within the market. This will no doubt enhance the Institute’s ability to discharge its statutory roles optimally, ”Amolegbe said.
In his goodwill message, the Director-General, Securities and Exchange Commission (SEC), Dr Lamido Yuguda explained that the Institute played crucial roles in Nigeria and its influence in the market had continued to grow.
Yuguda who was represented by the Commission’s Director of Monitoring, Mr Isyaku Tilde, noted that the Institute had through its training, produced seasoned professionals who had contributed in many ways to the development of the market.
“I am confident that with the acquisition of this new secretariat, the Institute will be more efficient and better empowered to effectively and efficiently perform its duties and responsibilities.
“The CIS plays an important role in the Nigerian Capital market and over the years. Its influence on the market has continued to grow. In particular, the CIS, has through its training programmes produced seasoned professionals who have in several ways contributed to the development of the market and the improvement of standards and practices, ”said Yuguda.
Mr Oscar Onyema, the Group Chief Executive Officer, NGX, stated that NGX, The Nigerian Exchange Limited would continue to support the Institute in various capacities, given the relevance of stockbrokers to the nation’s economic growth and development.
The Special Guest of Honour and Nigerian oldest practising stockbroker, Otunba Olasubomi Balogun in his remarks said his establishment of the first Nigerian wholly owned Stockbroking Company, CSL Securities had continued to endear him into the capital market operations and pledged to remain committed to the ideals of the Institute.
Corroborating him, Professor Ndi Okereke- Onyuike, the former Director General of NGX, who is also a stockbroker urged stockbrokers to be proud of the profession saying they are the heart of the market and without stockbrokers, securities exchanges cannot thrive.
Commenting on the Institute’s Honour Roll, Amolegbe said: “As most of you are aware, the Chartered institute of Stockbrokers (CIS), for the first 25 years of her life inhabited different rented apartments all over Lagos; from the sub-urban slum of Mushin to the busy commercial hub in Lagos Island. The last of our rented offices was the Bookshop House on Broad Street, where we were paying a significant percentage of our revenue as rent every month.
“We received grants, donations and contributions from various corporate bodies and individuals in support of this noble project. Today, history is being made as we set to unveil a Roll of Honour on some of these distinguished individuals and corporate entities”,
News
AfCFTA Urges Africa to Stop Exporting Raw Materials

Patience Okala, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office has urged African countries to stop exporting raw materials and instead focus on adding value to its natural resources if it is to fully harness the opportunities offered by the African Continental Free Trade Area.

She stated this on Thursday at the Streamsowers & Köhn 20th Anniversary Business Forum, where she stressed that value addition and beneficiation are essential to Africa’s industrialisation and long-term economic growth.
According to a statement issued on Friday by the Nigeria AfCFTA Coordination Office, she said the AfCFTA goes beyond the elimination of tariffs, serving as a framework for industrialisation, value addition, and job creation across the continent.
“AfCFTA is not only about tariffs; it is also about value addition. Africa has to stop exporting raw materials. We need to add value and ensure that beneficiation is done on the continent,” she said.
Okala also said Africa’s economic transformation would depend on the effective implementation of the AfCFTA rather than on the signing of trade agreements alone.
“We have moved beyond negotiations. The success of AfCFTA will be measured by the extent to which businesses can access new markets, trade seamlessly across borders, and benefit from the opportunities created by the agreement,” she said.
She noted that Nigeria had intensified efforts to implement the agreement under the leadership of the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, including the development of simplified AfCFTA guides in six languages to help businesses understand and take advantage of opportunities under the trade pact.
Okala called for stronger collaboration among governments, regulators, and the private sector to eliminate barriers to trade and investment and build a truly integrated African market.
“As we move from policy to implementation, our collective responsibility is to ensure that the opportunities created by AfCFTA become practical realities for businesses, particularly MSMEs, women-owned enterprises, and young entrepreneurs across the continent,” she said.
News
Cisco Explores AI for Nigeria Farmers

Cisco is exploring artificial intelligence (AI)-powered solutions to support smallholder farmers in Nigeria, as part of efforts to expand digital inclusion and technology adoption.

The initiative focuses on improving agricultural productivity through accessible, data-driven tools.
The move aligns with growing collaboration between Nigeria and the United States under the Commercial and Investment Partnership, which prioritises the digital economy, agriculture and infrastructure.
Speaking at the 2026 World Business Chicago, Brian Tippens, chief social impact and inclusion Officer at Cisco, said the company is assessing practical AI applications to help farmers combine local knowledge with data insights.
He said Cisco is exploring tools such as AI-enabled WhatsApp communities, geospatial mapping and weather intelligence to support day-to-day farming decisions.
The approach reflects a shift towards low-cost, mobile-first solutions suited to rural environments.
Tippens added that the Cisco Foundation is investing in early-stage startups developing technologies for local agricultural challenges.
Industry analysts note that AI adoption in emerging markets depends on locally relevant solutions, rather than large-scale enterprise deployments alone.
Beyond agriculture, Cisco plans to expand digital skills development in Nigeria through programmes such as the Cisco Networking Academy’s One Million Learners initiative.
Tippens said the programme also supports partnerships with organisations working with persons with disabilities, including those developing tools for people with visual impairments.
He added that Cisco’s social impact strategy aims to improve access to technology and promote inclusion, including in conflict-affected regions such as Borno State.
Cisco’s initiatives form part of broader efforts to link digital skills, connectivity and AI adoption to economic development in Nigeria.
News
FG launches AI capacity-building programme for 11,700 unity schools teachers

Federal Government has launched a nationwide Artificial Intelligence (AI) capacity-building programme for teachers in Federal Unity Colleges, with about 11,700 educators set to acquire digital skills aimed at improving classroom instruction and preparing students for a technology-driven future.

The initiative advanced with the signing of the Terms of Reference (ToR) between the Federal Ministry of Education and ICEDT Consult Limited, paving the way for the nationwide implementation of the AI Teacher Capacity Development Programme.
The programme, to be implemented through the ministry’s Education Support Services Department, is part of the Federal Government’s efforts to modernise Nigeria’s education sector, strengthen teacher professionalism and equip students with skills required in the digital economy under President Bola Tinubu’s Renewed Hope Agenda.
Speaking during the signing ceremony in Abuja, the Director of the Education Support Services Department, Gabriel Amudipe, described the initiative as a strategic investment in Nigeria’s teaching workforce and the future of education.
He said the nationwide rollout followed the successful completion of a pilot phase conducted in selected Federal Unity Colleges.
According to him, the implementation model developed by ICEDT Consult Limited will ensure effective coordination and quality delivery of the programme across the country’s six geopolitical zones.
Amudipe urged officials responsible for monitoring the project to ensure strict compliance with the implementation guidelines and maintain the standards achieved during the pilot phase.
“The ministry remains committed to supporting innovative initiatives that strengthen teacher professionalism, improve learning outcomes and promote the responsible integration of emerging technologies into education,” he said.
Earlier, the Deputy Director of the Education Support Services Department, Oladele Fapohunda, described the programme as a strategic intervention designed to deepen digital innovation across Federal Unity Colleges.
He stressed that collaboration among all stakeholders would be essential to achieving the objectives of the initiative nationwide.
Also speaking, the Head of Strategic Partnerships and Learning Scientist at ICEDT Consult Limited, Dr Abdulrahman Orosanya, said the Federal Government approved the national rollout after the successful pilot implementation in six Federal Unity Colleges representing Nigeria’s six geopolitical zones.
According to Orosanya, the pilot demonstrated the potential of Artificial Intelligence to improve lesson planning, classroom delivery, assessment methods and teachers’ productivity.
He said the nationwide implementation would strengthen teachers’ digital competencies, improve instructional delivery and support the government’s vision of building a technology-driven education system capable of producing globally competitive graduates equipped with 21st-century skills.
The ceremony ended with the formal signing of the Terms of Reference by officials of the Federal Ministry of Education and ICEDT Consult Limited, signalling the commencement of preparations for full implementation across all Federal Unity Colleges.
The ministry said the programme would directly train about 11,700 teachers, while thousands of students across the country’s Federal Unity Colleges are expected to benefit through improved classroom instruction, increased digital innovation and the responsible application of Artificial Intelligence in teaching and learning.
It reaffirmed its commitment to working with relevant stakeholders to modernise Nigeria’s education system, improve teacher quality and deliver inclusive, equitable and future-ready education nationwide.
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