Over 2,000 financial experts converged on Abuja as the Financial Planning Skills Institute (FPSI), Nigeria is set to chart a new course for the future of financial planning and analysis in Nigeria and Africa.
The event, which held in Abuja is a compulsory professional development programme for all licensed financial analysts and planners in Nigeria.
The highlight of the occasion included the induction of new members, the investiture of new presidents of FPSI’s awarding bodies, the presentation of newly developed National Occupational Standards (NOS) for financial planners and analysts, and the conferment of the prestigious National Honour on Financial Integrity/ Innovation/Intervention (nfi) awards on distinguished individuals who have significantly contributed to financial integrity, innovation and intervention in Nigeria and Africa.
The event also marked the investiture of new leadership for the two awarding bodies which include, Mr Muhammad Alhassan Abdullahi, nfi, FCFA, who was sworn-in as the 5th President of the Association of Financial Analysts of Nigeria (AFAN), taking over from Dr Yusuf I. Karaye, FCFA and Mrs Khadijat Ahmed, CFP, CFA, as the President of the Accredited Financial Planners Association (AFPA), who succeeded Dr Abdullahi Yau, nfi, FCFA, CFP.
The newly sworn-in presidents, in their respective acceptance speeches, assured their commitments towards advancing the professional development of financial analysts and planners in Nigeria, fostering innovation in the financial sector, and strengthening regulatory compliance within the profession.
One of the most ground-breaking moments of the event was the official presentation of the newly developed National Occupational Standards (NOS) Levels 5, 6, 7, and 8 for Financial Planning and Analysis in Nigeria.
The FPSI had earlier, submitted these standards to the national Board for Technical Education (NBTE) for recognition, marking a major milestone in the institutionalization of financial planning and analysis as a structured, competency-based professional career path in Nigeria.
With these new occupational standards, financial analysts and planners can now obtain qualifications aligned with the Nigerian Skills Qualification Framework (NSQF), making their certifications more structured, competitive, and internationally recognised.
Also, in line with its commitment to upholding ethical standards and fostering financial excellence, the FPSI conferred the most prestigious financial award in Nigeria – the National Honour on Financial Integrity/Innovation/Intervention (nfi) Awards on 13 distinguished professionals and institutions.
FPSI’s Director-General, Dr. Abdullahi Yau, PhD, FCFA, FCNA, CFP in his remarks, emphasised the Institutes unwavering commitment to professional excellence, capacity building, and financial industry reform.
He reiterated that FPSI will continue to work closely with NBTE, regulatory agencies, and industry leaders to ensure financial planning and analysis remain an integral part of Nigeria’s economic transformation.
As FPSI continues to expand its influence both locally and internationally, financial professionals in Nigeria and across Africa are set to benefit from increased standardisation, improved certification frameworks, and broader career prospects.