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Exit of a BANKING TITAN

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Dr. Herbert Wigwe, CFR, FCIB

We mourn the passing of our colleague, friend and brother, the Group Chief Executive Officer of Access Holdings Plc, Dr. Herbert Wigwe, CFR, FCIB.

Herbert Wigwe

Herbert was the immediate Past Chairman of the Body of Banks’ CEOs, a position he held from May 2016 to May 2022.

He was a visionary, charismatic and transformational leader who contributed significantly to the  development of the banking industry in Nigeria and the economy at large.  Herbert was a staunch advocate for positive change. His impact traversed generational, gender and geographical boundaries.

The Body of Banks’ CEOs express our heartfelt condolences to the Wigwe Family, the Board, Management and Staff of Access Holdings Plc.

May his gentle soul rest in peace.

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An alleged fake university discover in Lagos

The university was operating from a three-bedroom apartment at Ilado, Olorunda Local Council Development Area of Lagos State.

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Photo:Students of the university during the raid by NSCDC. Credit: NSCDC

The proprietor of an alleged fake university in Lagos , has been arrested by operatives of Nigeria Security and Civil Defence Corps (NCDC).

The NSCDC Badagry Area Command, who enforced the arrest, said that the university was operating from a three-bedroom apartment at Ilado, Olorunda Local Council Development Area of Lagos State.

The command also rescued 106 students of the institution from across Nigeria and neighbouring West African countries with promises of admission into a foreign university.

According to the corps, the operation was carried out in the early hours of Monday following days of intelligence gathering and covert surveillance by NSCDC operatives

” The suspected institution was operating without an official name, registration, signboard or recognised campus, while allegedly presenting itself online as a distance-learning centre affiliated with a foreign university,”said NSCDC.

Investigations revealed that the rescued youths, mostly between the ages of 19 and 24, came from several Nigerian states, including Kogi, Oyo and some northern states. Others reportedly travelled from neighbouring countries such as Niger, Cameroon and Togo after being recruited online.

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Ayo Fayose Gets Presidential Portfolio As REA Board Chairman

Fayose will head the board of REA, with Alhaji Ahmadu Abubakar and Engineer Ilyasu Ibrahim Makinta appointed as members and non-executive directors,” said Onanuga.

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President Bola Tinubu has appointed the former governor of Ekiti State, Ayo Fayose, as chairman of the Rural Electrification Agency (REA) Board.

The President also appointed Major General Junaid Bindawa as chairman of the National Salaries, Incomes and Wages Commission.

24 others were also appointed to 10 federal government agencies and commissions.

The appointments were contained in a statement issued by the presidential spokesman, Bayo Onanuga, in Abuja.

According to the statement, “All the appointments take immediate effect.”

“Fayose will head the board of REA, with Alhaji Ahmadu Abubakar and Engineer Ilyasu Ibrahim Makinta appointed as members and non-executive directors,” said Onanuga.

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BREAKING: ICPC grills Gbajabiamila over PFIPC scandal

According to Jiti Ogunye, Gbajabiamila’s counsel, the president’s chief of staff appeared at the ICPC headquarters on Monday, where he was questioned over the PFIPC controversy.

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has interrogated Femi Gbajabiamila, chief of staff to President Bola Tinubu, over his role in the emergence of the controversial Presidential Foreign Investment Promotion Council (PFIPC).

According to Jiti Ogunye, Gbajabiamila’s counsel, the president’s chief of staff appeared at the ICPC headquarters on Monday, where he was questioned over the PFIPC controversy.

Details soon

(The Cable)

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