FirstBank confirms Alebiosu as CEO

First Bank of Nigeria Limited has confirmed the appointment of Olusegun Alebiosu as the substantive Managing Director and Chief Executive Officer (CEO) of the bank. Updating the Nigerian Exchange Group about recent developments within the bank, the company’s Secretary, Adewale Arogundade, mentioned in a notice on Wednesday that Alebiosu’s appointment is subject to the approval of the Central Bank of Nigeria (CBN). Before his new appointment, Alebiosu was acting Managing Director of the bank since April 2024, when the former MD, Adesola Adeduntan, resigned. Labour, private sector operators bicker over…

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Ogun monarch, renown journalist, PR practitioner joins ancestors

Oba Dr. Olufemi Ogunleye, the Towulade of Akinale in Ewekoro Local Government Area of Ogun State, is dead. Dr Kunle Adesina, on behalf of the family, in a statement issued on Thursday, confirmed the passage of the royal father, who died at 79. The statement read, “With gratitude to God, the entire Ogunleye Family of Akinale and Delesolu Compound, Ago-Owu, Owu Kingdom Abeokuta, hereby announce the passing unto glory of our illustrious son, father and grandfather, His Royal Highness Oba (Dr.) Olufemi Okesooto lyanda Adewunmi Ogunleye, Towulade 1 of Akinale,…

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Why you should stop eating cooked food refrigerated for more than three days -NAFDAC DG

Prof Moji Adeyeye, the Director General of the National Agency for Food and Administration and Control, has urged Nigerians to refrain from storing cooked food in the refrigerator for more than three days. Adeyeye warned that cooked food stored in the refrigerator for days is susceptible to contamination by disease-causing pathogens, key agents of foodborne diseases that can lead to death. Adeyeye made this known in a statement on Tuesday signed by the agency’s Resident Media Consultant, Sayo Akintola. Adeyeye, who said this in commemoration of the 2024 World Food…

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How we detected and removed 1,618 ghost workers from FG payroll -HoS

Dr. Folashade Yemi-Esan the Head of Service of the Federation says the Federal Government has uncovered 1,618 officers in the Civil Service with illegal and fake employment letters. Dr. Yemi-Esan made this known on Wednesday in Abuja, during a media parley organized as part of programmes marking the 2024 Civil Service Week, with a theme: Education an African fit for the 21s Century: Building Resilient Education System for Increased Access to Inclusive Longlife, Quality and relevant Learning in Africa. She disclosed that through physical verification conducted by the Ministries, Departments…

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Kano court sacks Sanusi as Emir

A Federal High Court in Kano, presided over by Justice Abdullahi Liman, on Thursday, 20 June, 2024 nullified the reinstatement of Muhammadu Sanusi II as the 16th Emir of Kano. The court also nullified all the actions taken after the controversial reinstatement. “I hereby order that every step taken by the government is hereby nullified and becomes null and invalid and that this does not affect the validity of the repealed Emirates Law but actions taken by the governor which include the assenting to the law and the reappointment of…

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Fidelity Bank chairman, Chike-Obi advocates continental unity and economic integration

In a conversation with Kenneth Igbomor of CNBC Africa, Mustafa Chike-Obi, Chairman of Fidelity Bank Plc, emphasized the need for Africa to unite and collaborate for economic prosperity. “Africa must work together, leveraging our collective strengths to compete globally,” Chike-Obi asserted. He highlighted the significance of the African Continental Free Trade Area (AfCFTA) in driving sustainable development, stating, “True economic growth will only come from integration and shared efforts.” Watch the full interview here: https://www.cnbcafrica.com/media/6355014775112/chike-obi-africa-needs-to-be-competitive-/

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Auto Industry summit: Customs boss, Adeniyi to address challenges of local assemblers as Kia, Carloha, Coscharis, Globe Motors, others key into maiden event

As momentum gathers for the maiden edition of the Nigeria Auto Industry Summit (NAISU) scheduled to hold at Radisson Lagos, GRA Ikeja, on June 27, 2024, more stakeholders in the automotive sector have expressed their support for the event. Already, Kia Nigeria, Carloha Nigeria, Coscharis Motors, Globe Motors, Ineh-Mic Motors, Suzuki By CFAO, RT Briscoe, Toyota Nigeria Limited (TNL), Weststar Associates Limited and Honda Automobile Western Africa Limited (HAWA) have committed themselves to the success of the maiden event with full support while others are still being expected to join…

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