Business

10-Year-Old Ozoakpata Emerges as Wema Bank’s One-Day CEO

Published

3 months ago

May 28, 2026

164 Views

In a inspiring move to promote leadership and financial literacy among children, Wema Bank has appointed 10-year-old Chinmamanda Diamond Ozoakpata as its One-Day Managing Director and Chief Executive Officer (MD/CEO) for the 2026 Children’s Day celebration.

Ozoakpata, a pupil and Head Girl at Redeemers Foundation Nursery and Primary School, was announced as the winner of the bank’s annual One-Day MD/CEO initiative. She becomes the first female child to assume the role in the programme’s history.

The initiative, powered by Wema Bank and its digital banking arm ALAT, aims to empower young Nigerians by giving them a platform to experience executive leadership in the banking sector while learning key financial principles.

Handing over the insignia of office to the young CEO, Wema Bank’s substantive MD/CEO, Moruf Oseni, highlighted the bank’s commitment to nurturing the next generation and inspiring possibilities. Ozoakpata is expected to participate in key activities, including strategic meetings and decision-making sessions, during her one-day tenure.

Reacting to her selection, the young leader expressed excitement about stepping into the role. Social media posts from Wema Bank describe her as a shining example of the bright future ahead for Nigerian children.

The announcement has generated widespread excitement on social media, with many praising Wema Bank for creating such an innovative and impactful programme that blends education, leadership development, and corporate social responsibility.

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Business

TCN improves Power Supply to Apapa corridors by additional 208MW

The upgrade replaces an outdoor transformer that had served as a stopgap after the original facility, commissioned in 1985, was decommissioned.

Published

5 hours ago

August 18, 2026

OCHEFA

15 Views

The Managing Director/Chief Executive Officer of the Transmission Company of Nigeria (TCN), Mr. Sule Ahmed Abdulaziz , says from now Apapa Causeway, Ijora, Amukoko, Ajegunle, Apapa Wharf, Tin Can Island and other major commercial areas, will be having improved power supply.

Abdulaziz made the declaration on Monday during the commission of Ijora and Apapa Road transmission substations in Lagos by additional 208MW .

The project is aimed at improving the volume and reliability of electricity available to distribution companies for onward supply to homes, businesses and industries.

Abdulaziz said that the projects, sponsored by the Japan International Cooperation Agency (JICA) and the World Bank respectively, in partnership with TCN, underscored the Federal Government’s commitment to modernising the transmission network and improving grid stability.

He commended the Ministry of Power, JICA, the Government of Japan, Lagos State Government and other stakeholders for supporting the projects, while appealing for additional grant assistance to upgrade other critical sections of the transmission network.

Speaking at the commissioning, Minister of Power, Mr. Joseph Tegbe, said that the projects were part of the Federal Government’s efforts to address longstanding transmission constraints and infrastructure decay that have limited the country’s ability to fully utilise available generation.

The upgrades increased the Ijora substation’s capacity by 112MW, from 90MVA to 230MVA, following the installation of two new 100MVA transformers.

At Apapa Road, a new Gas Insulated Substation (GIS) added another 96MW, raising the facility’s capacity from 60MVA to 180MVA.

The upgrade replaces an outdoor transformer that had served as a stopgap after the original facility, commissioned in 1985, was decommissioned.

Business

CBN’s Sidi-Ali wins 2026 overall Spokesperson of the Year Award, courtesy of NSA

Published

7 hours ago

August 18, 2026

OCHEFA

20 Views

•Mrs Hakama Sidi Ali.

The Ag. Director of Corporate Communications of the Central Bank of Nigeria (CBN), Mrs. Hakama Sidi-Ali, has won the 2026 edition of the National Spokespersons Award (NSA).

The recognition was announced during the 6th National Spokespersons Awards and the 4th Economic Confidential Annual Lecture, organised by Image Merchants Promotion Limited (IMPR), publishers of PRNigeria, Economic Confidential and Spokespersons Digest, held in Abuja, recently.

The organisers stated: “With the latest honour, Sidi-Ali completed an unprecedented hat-trick at the National Spokespersons Awards, becoming the first communications professional to progress from winning a sector-specific award twice consecutively to claiming the overall Spokesperson of the Year title.