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IST Act to Dominate Discussions at Q1 CMC Meeting

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By Tony Obiechina, Abuja

The implementation of the Investments and Securities Act 2025, enhanced investor sensitization as well as other issues are expected to top discussions at the First Quarter Capital Market Committee Meeting.The meeting, which would hold in Lagos May 19 at the Federal Palace Hotel Victoria Island, also aims to develop strategies for enhancing the capital market’s role in driving economic growth and development through initiatives that attract investments, improve market efficiency, and safeguard investor interests in alignment with President Bola Tinubu’s Renewed Hope Agenda.

According to the SEC, “The meeting will bring together key stakeholders in the Nigerian capital market to discuss the ISA 2025 as it relates to the industry’s current landscape, regulatory framework, and strategies for future growth.
Participants will exchange ideas and reaffirm their commitment to fostering a robust investment climate characterised by innovation, sustainability, and investor protection.“The meeting would focus on critical issues affecting the market and ensure that those concerns were thoroughly addressed. To inform its deliberations, the committee will review reports from technical committees, market infrastructures, and industry observers. Emerging market trends will also be a focal point of discussion.”The Commission said the meeting would also deliberate on strategies to further educated and enlighten Nigerians on the activities of unregistered schemes as well as products available in the capital market.The CMC is an industry-wide body comprising the SEC, capital market operators, trade groups, and other stakeholders.It serves as a pivotal platform for dialogue, facilitates the exchange of ideas, addresses key issues impacting market growth and organisation, and collaborates on shaping the market’s future.The committee was established primarily as a means for stakeholders to exchange ideas and provide feedback to the SEC, aiding in the continuous improvement of market operations and regulatory frameworks.The meeting is expected to draw CEOs from all registered capital market firms, including brokers/dealers, investment advisers, custodians, fund/portfolio managers, and more.Strictly by invitation, attendance at both the CMC meeting and the press briefing scheduled for the following day, May 20, 2025, is mandatory for participants who should be seated by 9:45 am. The press interface is scheduled to further engage with media members and disseminate information from the meeting.“The usual interface with members of the Press will be held the following day Tuesday, 20th May 2025 at the Commission’s Zonal Office in Victoria Island, Lagos. Attendance at both events is strictly by invitation. All invited participants are expected to be seated by 9:45 am,” it stated.

NEWS

APC Seeks Arrest of Zamfara PDP Women Leader 

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The Zamfara chapter of the All Progressives Congress (APC) has condemned the calls for violence by the State Women Leader of the Peoples Democratic Party (PDP), Hajiya Rabi Madawaki.

In a statement issued in Gusau on Tuesday by the State APC Publicity Secretary, Yusuf Idris, the party called on security agencies to thoroughly investigate the matter.

Idris said, “We call on the security agencies to immediately arrest the women leader, Hajiya Rabi Madawaki, over her uncultured utterances.

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“APC as a strong opposition party in the state will not be intimidated by any threats from the Zamfara PDP government and they should know that the will of the people must prevail.

“The state PDP Women Leader, Hajiya Rabi Madawaki, made the statement in the presence of the Governor’s wife,  Hajiya Huriyya Dauda.

“The threat and intimidation by the PDP women leader came out with a completely different but savage way of forcing out support and subsequently,  votes for the governor,  Mr Dauda Lawal in the 2027 governorship election.

“Madawaki said in the presence of governor’s wife in Hausa language, at a gathering held in Gusau on Friday that translated as ‘anyone who does not vote for Dauda, we will maim, beat, kill him,  (zamu ci ubanshi zamu yi mashi duka)’.

According to him, in a civilised scoiety,  elections are always supposed to be free, fair and non violent.

Idris said, “President Bola Tinubu’s administration is trying to remove such threats to lives and property as well as  any form of intimidation from politics.

“The Zamfara chapter of the APC will not be scared by any form of intimidation and harassment or any act of violence.” (NAN)

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Foreign News

Thousands Protest in Pakistan After Drone Strike Kills 4 Children

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 Thousands of people in north-west Pakistan on Tuesday blocked a highway by placing the coffins of four children who were killed by a suspected drone strike.

The protests in the Mir Ali area of North Waziristan region began earlier on Monday after a family home was hit, local resident Mohamed Jamal Dawar said.

It is not clear who was behind the incident.

Local activist Zahid Wazir said the drone was operated by the Pakistani military.

He said the home was likely mistaken as a hideout used by Islamist militants.

Pakistani intelligence officials said the explosives were fired by a quadcopter that was being operated by the Taliban militants to target a nearby military post, but that it missed the target.

An independent verification was not possible as the region is inaccessible to outsiders.

Activists of a local rights group, the Pashtun Tahafuz Movement, which is against the militarisation of the region by both the military and the Pakistani Taliban, vowed to continue the protest.

“We will continue to demand justice for our kids,” Wazir said.

The Pakistani military and Islamist militants have been fighting each other in the region for more than two decades.

More than 80,000 Pakistanis, an overwhelming majority of civilians, have lost their lives in years of violence. (dpa/NAN)

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Health

Group urges Nigerians to embrace healthy habits to prevent diseases 

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The Society of Lifestyle Medicine of Nigeria (SOLONg) has advised Nigerians to embrace healthy preventive lifestyle habits to prevent the root causes of chronic and lifestyle-related diseases.

The President of SOLONg, Dr Moyosore Makinde, gave the advice in an interview in commemoration of the “Global Lifestyle Medicine Week” on Tuesday in Lagos.

NAN reports that the Global Lifestyle Medicine Week, taking place from May 18 to May 24, 2025, has the theme “Celebrating Healthy Habits: Inspire Change with D.

R.E.A.M.S.”

Makinde, also an International Board-certified Lifestyle Medicine Physician, said the week was dedicated to raising awareness about the transformative power of lifestyle medicine in improving health outcomes and reducing the burden of chronic diseases worldwide.

According to her, lifestyle medicine empowers people to live healthier, happier and longer lives.

She explained that the D.R.E.A.M.S. acronym highlighted the six key pillars of lifestyle medicine that guide individuals toward healthier lives namely: Predominantly plant-based Diets, positive Relationships or social connections, Exercise, Avoidance of toxic substances, Mental wellness and stress management, and restorative Sleep.

She said that these pillars had been proven by scientific research to not only manage and prevent chronic diseases like coronary heart disease, diabetes, dementia and Alzheimer’s but also to promote a more sustainable and harmonious relationship with ourselves and with our planet.

Makinde added that it contributed to planetary health and the stability of our ecosystem.

“SOLONg is proud to announce its participation in Global Lifestyle Medicine Week, taking place from May 18 to May 24, 2025.

“Scientific studies, including numerous randomised clinical trials and longitudinal studies, have consistently shown the remarkable benefits of lifestyle interventions in reducing the incidence of chronic conditions.

“Additionally, these healthy habits play a pivotal role in strengthening resilience against infectious diseases.

“The ongoing impact of several pandemics has underscored the importance of adopting healthy behaviours, as poor lifestyle choices have been associated with worse disease severity and slower recovery times,” she said.

Contributing, the General Secretary of   SOLONg, Dr Chika Anozie, said that Global Lifestyle Medicine Week aimed to foster a community of like-minded individuals and healthcare professionals committed to lifestyle medicine.

Anozie, also a Family Physician, said that SOLONg would organise various activities to mark the week, including a  Webinars and educational workshops on lifestyle medicine topics.

She added that there would be courtesy visits and community outreach programmes promoting healthy habits, as well as social media campaigns sharing lifestyle medicine tips and resources.

“As we observe Global Lifestyle Medicine Week, it is clear that the need for Lifestyle Medicine is greater than ever.

“This is a clarion call for the government to create policies that promote healthy lifestyle practices while restricting behaviours that contribute to disease.

“We urge medical institutions to prioritise the accreditation of Lifestyle Medicine programs at both undergraduate and postgraduate levels.

“It is equally important that health professionals receive the proper training to effectively communicate these life-saving messages to the public.

“The Society encourages individuals to embrace the principles of healthy living, which are not only lifechanging but also long-lasting,” she said.(NAN)

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