News
ACAMB reelects Polaris spokesperson as president
The Head of Corporate Communications at Polaris Bank, Rasheed Bolarinwa has been reelected President of the Association of Corporate Affairs Managers of Banks.
This was announced on Wednesday after the ACAMB held its elections and annual general meeting in Lagos.
Bolarinwa is the incumbent president of the association, having been elected for a first tenure of two years in 2022.
After the swearing-in of new executives, Bolarinwa thanked members of the association for giving him another opportunity to serve.
He appreciated the immediate past executives and promised to consolidate on the gains and explore new frontiers to take the association to greater heights.
Bolarin anticipated fostering collaboration with both familiar faces and new voices, steering towards even greater success.
“With the new executive committee, we will continue to strive for excellence, explore avenues for growth, and uphold the highest standards of professionalism.
“Our communication platform will foster flourishing ideas, strengthen relationships, and harness the collective wisdom of our diverse membership, from elders and past presidents to current members and associates, propelling us forward,” Bolarinwa declared.
Other elected executives include Oze Kalu, 1st vice president (FirstBank); Tolulope Onipede, 2nd vice president (Guaranty Trust Bank); Sipe Babajide, Secretary General (EcoBank); Ikechukwu Iheagwam, assistant general secretary (Access Holdings Plc.); Hadjia Ishaq, financial secretary (Jaiz Bank); Morolake Ladipo, treasurer (Wema Bank); Omede Odekina, publicity secretary (United Bank for Africa) and Utulu Ozena, social secretary (Heritage Bank).
In 2023, ACAMB generated approximately N14.5m, comprising N11m from dues and an additional N3m from successful debt recovery from members.
The association noted that it had a savings balance of N30m and received N8m in donations during the same period.
Established in 1996, ACAMB serves as the umbrella body for managers and public relations professionals within the Nigerian banking sector.
The association is actively engaged in developing a new constitution with the primary goal of enhancing collaboration among banks, the government, and the public.
The first Vice President, ACAMB, Oze Kalu pledged to execute all promises made, and more, as the association charts a course toward new heights.
News
Boko Haram Denies Ceasefire with FG, Vows Continued Attacks
Boko Haram has strongly denied reports of a ceasefire agreement with the Federal Government and insisted that it will continue its campaign of attacks.
In a statement released by the group, the militants dismissed claims of any truce or negotiated pause in hostilities, describing such reports as false and misleading.
The group reaffirmed its commitment to ongoing operations against government forces and other targets, vowing that its attacks will persist without interruption.
The denial comes against the backdrop of persistent insecurity in the northeast and other affected regions, where the group has maintained a long-standing insurgency.
Security sources note that the latest statement appears aimed at clarifying the group’s position and rejecting any suggestion of dialogue or de-escalation with the authorities.
Military and government officials have not issued an immediate detailed response to the claim, though security operations against the militants remain active. Authorities continue to urge vigilance as the group signals its intention to sustain violence.
News
Police Raise Alarm Over Terrorists and Informants Spying on Schools, Other Targets
Police authorities have raised a serious alarm over intelligence indicating that terrorists and their informants are actively spying on schools and other sensitive targets across the country.
According to security sources, the surveillance activities form part of a broader effort by extremist groups to gather information on soft targets, with educational institutions identified as particularly vulnerable. Officials warn that such reconnaissance could be a precursor to planned attacks and have called for immediate heightened vigilance by school administrators, security personnel, and the general public.
The police statement urges institutions to strengthen access controls, report suspicious individuals or activities promptly, and cooperate fully with security agencies. “We are treating these reports with the utmost seriousness,” a senior police official said, noting that the involvement of local informants makes the threat more difficult to detect.
The military has responded by confirming that it is closely monitoring the situation. In a brief statement, military authorities said relevant formations have been placed on alert and are working in coordination with the police and other security agencies to track and disrupt any potential threats.
Security experts note that schools and public gathering places have increasingly featured in the operational planning of terrorist groups in recent years, making continuous intelligence sharing and community awareness critical to prevention. Authorities continue to appeal for calm while stressing that proactive measures are already underway.
News
Dangote Refinery IPO: SEC Warns Investors, ‘Don’t Pay Into Wrong Hands’
The warning effectively places investors on notice that interest in the IPO should not override basic due diligence, particularly in verifying where subscription applications are submitted and where payments are made.
• Aliko Dangote , flanks by her daughters and capital market regulators, during the gong opening ceremony on the NGX, Monday September 14,2026
The Securities and Exchange Commission (SEC) has warned prospective investors in the Dangote Petroleum Refinery and Petrochemicals Initial Public Offering (IPO) against fraudsters and unauthorised platforms seeking to divert subscription funds.
The warning came as the refinery’s was quoted on the Nigerian Exchange Limited (NGX) on Monday, September 14, 2026, marking a major milestone in the company’s planned public offer.
With strong public interest expected around one of Nigeria’s largest capital-market offerings, the SEC urged investors to deal only with officially designated and approved receiving agents, subscription channels and platforms.
“The public is hereby advised to exercise caution and ensure that all applications and payments relating to the IPO are made only through the officially designated and approved receiving agents/subscription channels and platforms,” the Commission said.
The regulator’s alert highlights growing concerns over the possibility of fake investment websites, cloned platforms, fraudulent payment channels and individuals posing as authorised agents to exploit the huge interest generated by the Dangote Refinery offer.
The SEC therefore advised prospective investors to obtain information about the IPO only through the Commission’s official channels, the issuer’s official channels and other channels specifically established and approved for the offer.
The warning effectively places investors on notice that interest in the IPO should not override basic due diligence, particularly in verifying where subscription applications are submitted and where payments are made.
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