Nigeria needs supportive regulators to enhance treasury excellence

The need for the country to have a supportive and clear regulatory environment to enhance treasury excellence has been underscored. The Association of Corporate Treasurers of Nigeria (ACTN), which made the submission, said that despite the year 2025 has presented the country with macroeconomic challenges marked by persistent inflationary pressure, a high-interest rate environment, fiscal tightening and evolving tax reforms, increasing cost of capital, as well as rising operational risks.

These challenges have impacted liquidity and cash flow cycles; corporate treasury functions have become more strategic, moving beyond cash management to enterprise-wide financial risk management, capital optimisation, and business resilience.

ACTN President, Yinka Ogunnubi, said this ahead of the association’s yearly conference, exhibition and corporate treasury awards, noting that treasurers today are required not only to respond to risk but also to anticipate it, leveraging technology, strategic insight and collaboration.

He also emphasised the need for organisations to have corporate treasurers as they have become critical components for organisational success, managing risks in a very volatile environment, as well as basic financial inflows.

Speaking on the theme ‘Navigating Treasury Challenges in Nigeria: Leveraging Digital Finance and AI for Efficiency’, scheduled to be held on Nov 6 and 7 in Lagos, Ogunnubi said it reflects the realities of today’s economic landscape and the evolving responsibilities of treasury professionals across corporates, financial institutions and government agencies.

The ACTN boss noted that the confab is expected to explore practical and innovative solutions across AI-powered treasury systems, digital FX and liquidity management, risk mitigation amid macroeconomic uncertainty, payments modernisation and treasury transformation, ESG and sustainable corporate finance strategies, as well as governance, regulatory compliance and the capital market.

Highlighting those scheduled for the awards, he added that the conference will feature high-level experts, including the Governor, Central Bank of Nigeria (CBN), Dr Olayemi Cardoso and Director General, Securities and Exchange Commission (SEC), Dr Emomotimi Agama.

Chairman Programmes and events, Benedict Ologbosere, who noted that Nigeria stands at a turning point, said that to build a financially resilient Nigeria, treasury leadership was necessary now more than ever to stabilise markets, support enterprise growth, drive financial innovation and reposition the economy for sustainability.

He called for greater policy stability, cohesive FX frameworks, enhanced financial market reforms and enabling regulatory environments that support businesses and economic growth.

Also, Member, ACTN Education and Standards Committee, Titilola Osinowo, said that enhancing AI for digital financing helps to streamline professional efficiency.

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