Governor Biodun Oyebanji of Ekiti State. Photo: Ekiti State Government House
Ekiti State Governor Biodun Oyebanji and Founder of Afe Babalola University Afe Babalola have commended the Chartered Institute of Stockbrokers for its maiden International Academic Conference, describing it as a strategic platform for collaboration between capital market stakeholders and academia to strengthen Africa’s financial markets and deepen financial literacy.
The conference, themed ‘Capital Markets, Sustainable Finance and Economic Transformation in Africa’, held at ABUAD, Ado-Ekiti, brought together academics, regulators, investors, policymakers and capital market operators to explore ways of strengthening Africa’s financial ecosystem, promoting sustainable finance, and mobilising long-term investment for economic development.
Speaking on behalf of Oyebanji, the Commissioner for Industry, Trade and Investment, Tayo Adeola, said African capital markets must drive the continent’s economic transformation through infrastructure financing, enterprise growth, and sustainable development.
Oyebanji lauded the initiative and highlighted Ekiti State’s infrastructure financing model, including its N32.5bn, 20-year infrastructure bond issued in April 2025 to fund a 17.84-kilometre dual carriageway toll road project, which forms part of a broader road network. He also cited the state’s public-private partnership model in the energy sector through the Ekiti Independent Power Project, involving Ekiti IPP Limited, Olokiti Distribution Network Limited, and Fenchurch Power Limited. Related News Berger Paints grows profit 157%, dividend up 37.5% Seplat Energy eyes growth, approves 2025 dividend Joint security operatives rescue kidnapped Ekiti LG vice chairman
