INVESTMENTS TRIBUNAL PLANS DIGITAL SYSTEM TO SPEED UP CAPITAL MARKET DISPUTES

The Investments and Securities Tribunal is preparing to modernise its dispute resolution process through digital technology, with the aim of making the settlement of capital market disputes faster, more accessible and more efficient. The tribunal said the proposed reforms would change how cases are filed, managed and resolved while reducing some of the delays associated with conventional legal proceedings.

The initiative is expected to introduce greater use of digital tools in the tribunal’s operations, allowing parties and legal representatives to interact with the institution remotely where appropriate. The move is part of efforts to strengthen the administration of justice in Nigeria’s investment and securities sector and provide investors with a more efficient mechanism for resolving disputes.

The tribunal’s proposed digital transformation is also expected to improve case management and reduce the amount of paperwork involved in proceedings. By adopting technology-driven processes, the institution intends to make it easier to track cases, manage documents and communicate with parties while improving the overall efficiency of its operations.

The reform comes as Nigeria’s capital market continues to expand and attract different categories of investors, creating a need for dispute-resolution institutions to keep pace with developments in the sector. A more technology-based system could also support greater transparency and accessibility for investors and other stakeholders who require the tribunal’s services.

The Investments and Securities Tribunal said the digitalisation plan forms part of its broader efforts to strengthen its institutional capacity and improve the experience of parties before it. The proposed changes are expected to support quicker handling of disputes while ensuring that the tribunal continues to provide a structured avenue for resolving investment and securities-related disagreements.