Stakeholders Back Ethical Governance, Sustainable Finance
Financial stakeholders in Nigeria gathered at the FITC Sustainability and ESG Conference to discuss the necessity of ethical governance and sustainable finance. Experts emphasized that domestic financial markets must play a larger role in closing Africa's climate financing gap.
Why it matters
The conference highlights the growing importance of ESG frameworks and local capital mobilization in addressing Africa's unique economic and climate development challenges.
Stakeholders from Nigeria’s financial sector, development institutions and regulatory agencies have reaffirmed the need for ethical governance, sustainable finance and stronger public-private collaboration to build a resilient and inclusive African economy.
The commitment was made at the 2026 Financial Institutions Training Centre (FITC) Sustainability and ESG Conference, convened in partnership with Sterling Bank. The conference brought together financial sector leaders, policymakers and corporate executives to explore strategies for accelerating sustainable finance, strengthening governance frameworks and mobilising local capital to address Africa’s climate and development financing needs.
Speaking at the conference, the managing director and chief executive officer of FITC, Dr Chizor Malize, said climate resilience, social investment and institutional governance have become strategic imperatives rather than optional considerations.
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