The Chairman, Investments and Securities Tribunal (IST) Amos Azi has said the Tribunal serves as a major contributor of the growth of the capital market by instilling confidence in investors through timely mediation among aggrieved investors.

Azi said looking at how the Tribunal has been consistently rated high by the Ethics and Integrity Compliance Score card for Ministries Departments and Agencies (MDAs), the Tribunal is definitely a confidence booster for anyone who wants to invest in the Nigerian Capital market.

The Ethics and Integrity Compliance Score Card for Ministries, Departments and Agencies (MDAs) had rated the Investments and Securities Tribunal 46% in 2021 while in 2022 and 2023, the IST was rated 69.25% and 69.80% respectively.

The Chairman of the Investments and Securities Tribunal who was speaking when the executives of the Finance Correspondents Association of Nigeria (FICAN) paid a courtesy call on the Tribunal further said the IST has been successfully carrying out the mediation task among aggrieved investors in the capital market but there is little or no mention of its valid contributions to the success of the capital market and the Nigerian economy.

Amos Azi further solicited the support of FICAN to announce IST and tell the general public how the Tribunal ensures that capital market disputes are resolved within 90 days, hence the need to approach the Tribunal for faster adjudication on issues of capital markets disputes.

On his part, the Chairman of FICAN, Bassey Udo promised to get the members of his association to pay more attention to the workings of the Tribunal in order to make her activities known and embraced by the public.

FICAN is the registered body with the Corporate Affairs Commission(CAC), comprising Finance Correspondents who cover financial issues and the Economy.