06/02/2025
SUMMARY OF DEVELOPMENTS
1. AFAn facilitated the establishment of another professional body in 2020 - The Accredited Financial Planners Association awarding the Chartered Financial Planner CFP qualification.
2. AFAn has successfully upgraded its qualification nomenclature from Certified Financial Analyst to CHARTERED FINANCIAL ANALYST (legally registered).
3. AFAn facilitated the establishment of the Sector Skills Council for the Financial Planning & Analysis profession in Nigeria named the FINANCIAL PLANNING SKILLS INSTITUTE (FPSI).
4. FPSI has commenced the accreditation process under the Nigeria Skills Qualifications Framework overssen by NBTEs National Council on Skills headed by the Vice President, Federal Republic of Nigeria. At this point, CFA qualification is now rated as a Degree level qualification which accords it local and international recognition in over 145 countries.
5. FPSI has introduced the Post Graduate Diploma in Financial Engineering (the first to introduce Financial Engineering qualification in Nigeria in 2024).
6. FPSI is now the Sector Skills Council that will regulated the practice of Financial Planning and Analysis in Nigeria in conjunction with NBTE.
7. FPSI also introduced the Professional certifications in sustainability accounting, reporting, and assurance in 2024, the first in West Africa.
8. And more ......