Moniepoint CEO blamed social media, yahoo, and hook up culture for unfilled vacancies.
If the system does not produce world-class talent, the failure is not in the people.
It is in the pipeline that was supposed to develop them.
Build the environment first. People will rise to it
Nigerian states are receiving more from Abuja than they have in ten years. - BAT
But more money in a system without proper internal controls, audit structures, and accountability frameworks does not produce development.
It produces noise.
Capacity must precede capital. Always.
Good People, I am delighted to share that the Securities and Exchange Commission (SEC) Nigeria has granted my company Approval-in-Principle (AIP) to operate a new securities exchange in Nigeria. This is a full-service exchange (yes, “stock market” lol) designed to support public markets, private markets, and derivatives, covering instruments such as equities, corporate and government bonds, commercial papers, ETFs, and more.
Our mission is anchored on “exchanging prosperity” through the principle of “investment inclusion”, transforming idle money into productive capital that can uplift communities across the nation. Roughly ₦5 trillion in circulating currency sits outside Nigeria’s banking system, largely idle and earning nothing. If we can channel even 50% of that into simple sovereign instruments, say FGN savings bonds or Treasury Bills at just 10%, that would generate about ₦250 billion in returns for citizens, while also providing the government with capital to fund development.
Extend this across state bonds and other instruments, and the implication becomes clear: Nigeria is not short of money; it is under-mobilized. Contisx aspires to become part of the solution.
We have begun the countdown to launch on our website: https://t.co/mfiGs2rhnY — targeting September 2026. We are inviting stakeholders across Nigeria to participate in this journey. How can we support your business, cooperative, or state to scale through the capital market? (The live buttons on website are not active; those will become active on launch).
I commend the leaders of our nation for the Investments and Securities Act (ISA) 2025, arguably the most consequential economic and business legislation in Nigeria since 1999. It provides the foundation upon which a new era of capital formation can be built. I am confident that the 2030s will become Nigeria’s decade of capital, and I am building with that conviction.
I also extend my appreciation to the leadership of the Securities and Exchange Commission; our Director-General, Dr. Emomotimi Agama, Commissioner Ajomale, Director Mrs. Rufai, and the entire team, for their dedication and excellence in advancing regulatory service.
Good People: “build, list, and trade on Contisx — we’re exchanging prosperity”, not just for the rise of few, but for the rise of ALL. Our flag is up in our headquarters in Owerri (regional centers in Aba, Kano, Ibadan, etc coming); we welcome you to partner with Contisx and ring the bell to prosperity.
Prof. Ndubuisi Ekekwe
Founder, Contisx Securities Exchange Plc
The US just called out the NGO industrial complex.
Too much aid absorbed by intermediaries. Too little reaching beneficiaries.
You can debate the politics. But the operational critique is fair.
Build real systems. That is your best response.
https://t.co/VqFYgZA1ZW
Nigeria has a $94B SME funding gap.
But capital entering unclear, unowned processes does not build businesses. It funds confusion.
Fix the ownership structure first. Then the money has somewhere to land.
https://t.co/40PhuDAjtm
Your organization should not depend on one person’s memory to function.
Document your processes. Build systems that outlast individuals.
That is not bureaucracy. That is how sustainable organizations operate.
https://t.co/8FcAJoVpWu
Accountable development requires more than good intentions, it requires reliable data and transparent systems.
At Hedge Impact Partners, we work with organizations and institutions to strengthen digital data systems that support transparent, evidence-based development.
On International Day of Forests, we are reminded that protecting forest ecosystems is essential for building resilient communities and economies.
The future we want depends on the forests we protect today. 🌱
🌐 https://t.co/M0nSzssAa3
📧 [email protected]
His Royal Highness Christopher N. Ude leads the signing of Community Guidelines and a public declaration against harmful practices in Umuabi, Enugu. With support from @FordFoundation, @UN_Women is driving community-led action to #endGBV—one community at a time.