In Major Boost to Capital Market, Tinubu Signs Investments and Securities Bill 2025 Festus Akanbi in Lagos and Ndubuisi Francis in Abuja President Ahmed Bola Tinubu has assented to the Investments and Securities Bill (ISB) 2025, which
effectively repeals the Investments and Securities Act No. 29 of 2007 and enacts the Investments and Securities Act (ISA) 2025. This landmark legislation, which has been hailed by stakeholders as
a major boost to the capital market, strengthens the legal framework of the Nigerian capital market, enhances investor protection, and introduces critical reforms to promote market integrity, transparency, and sustainable
growth. The enactment of the ISA 2025 reaffirms the authority of the Securities and Exchange Commission (SEC) as the apex regulatory authority of the Nigerian capital market.
The new Act empowers the SEC to regulate the market to ensure capital formation, the protection of investors, maintenance of a fair, efficient and transparent market and reduction of systemic risks.
The Act also introduces transformative provisions to further align Nigeria’s market operations with international best practice. Continued on page 5
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Despite Challenges, Zenith Bank, GTCO, UBA, Ecobank Record N4.38tn PBT in 2024… Page 12
Amaechi: Tinubu Trying to Scare Govs Who May Not Support Him in 2027 Says feud between Fubara, Wike about money sharing Suspended governor, ex-HoS, wife clash over state assembly bombing
Chuks Okocha in Abuja and Blessing Ibunge in Port Harcourt A former Minister of Transportation,
Mr. Rotimi Amaechi, has alleged that President Bola Tinubu’s declaration of emergency rule in Rivers State was a ploy to intimidate governors to support
his re-election bid in 2027. Amaechi, who is a former governor of the state also stated that the disagreement between the suspended Governor
Siminalayi Fubara, and the Minister of the Federal Capital Territory (FCT), Nyesom Wike, was about money sharing. This is just as the drama in the
politics of the state has continued despite the declaration of a state of emergency in the state as Fubara; the former Head of Service (HoS) in the
state, Dr George Nwaeke; and his wife, Florence Nwaeke clashed over Continued on page 5
In a Telephone Call, Buhari Rejoices With Tinubu at 73, Appreciates Role in Making Him President Babangida, Akpabio, Abbas, govs, CDS, Keyamo, others eulogise Tinubu Deji Elumoye, Linus Aleke, Folalumi Alaran in Abuja, Chinedu Eze in Lagos, and Ibrahim Oyewale in Lokoja Former President Muhammadu Buhari yesterday rejoiced with President Bola Tinubu on his 73rd birthday, and used the occasion to appreciate the president for his role in making him two-time president of Nigeria. Others who rejoiced with President Tinubu include former military president, General Ibrahim Badamasi Babangida (rtd); the President of Senate, Senator Godswill Akpabio; the Speaker of the House of Representatives, Tajudeen Abbas; his deputy, Benjamin Kalu; Lagos State Governor, Babajide Sanwo-Olu; Ondo State Governor, Mr. Lucky Aiyedatiwa; Kogi State Governor, Ahmed Usman Ododo; Governor Hope Uzodimma of Imo State and the Minister for Aviation and Aerospace Development, Festus Keyamo, who described his vision and dedication to Nigeria as inspiring. Meanwhile, the Nigerian military, through the Chief of Defence Staff Continued on page 5
ALL FOR TINUBU @73… L-R: Lagos State Governor, Mr. Babajide Sanwo-Olu; his wife, Ibijoke; Senior Special Assistant to the President on Sustainable Development Goals, Princess Adejoke Orelope-Adefulire; Secretary to the State Government, Abimbola Salu-Hundeyin; and Chief of Staff to the Governor, Mr. Tayo Ayinde, at a thanksgiving service to mark President Bola Tinubu’s 73rd birthday at Chapel of Christ the Light, Alausa, Ikeja…yesterday