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AXA Mansard’s Ngozi Ola-Israel Wins Women Tabloid’s CFO of the Year Award

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By Modupe Gbadeyanka

The Chief Financial Officer of AXA Mansard, Ms Ngozi Ola-Israel, has clinched the CFO of the Year award of the prestigious Women Tabloid Awards, a platform designed to celebrate trailblazing women redefining success and challenging stereotypes across industries and geographies.

Ms Ola-Israel is one of the leading CFOs on the continent as she was recognised as one of the Top 50 CFOs in Africa in 2024

She thanked the organisers of the awards for the honour and going above and beyond to spotlight the incredible work and impact of women across sectors.

“My emergence as the 2025 CFO of the Year is further proof of AXA’s commitment to inclusive protection and to creating an environment where people are empowered to care and dare

“I am incredibly grateful for the people I work with. Their collaboration and dedication have shaped this journey, culminating in this award.

“Recognition like this only happens when you’re surrounded by people who challenge you to be your best and support you through it all.

“This honour will fuel my resolve to continue giving my best, mentoring others, and creating opportunities that elevate women, the finance profession, and impactful leadership,” she enthused.

On her part, the Chief Client Officer of AXA Mansard Insurance Plc, Ms Rashidat Adebisi, said the recognition of her colleague is another testament to the remarkable role she and her team continue to play in the company’s success, despite the challenges of the dynamic operating environment.

“On behalf of the board and management, I congratulate our dear CFO. This is a well-deserved recognition.

“Under her leadership, we have achieved sustained financial growth, strengthened our market positioning, and enhanced corporate governance.

“Her visionary leadership was instrumental in the successful implementation of IFRS 17, reinforcing our commitment to transparency and global best practices,” she stated.

Ms Ola-Israel, a respected voice in the finance community, is a member of the Harvard Business Review Advisory Council.

With over a decade of dedicated service at AXA Mansard, she began her journey as Group Head of Financial Control and rose to the position of CFO in 2017.

Under her leadership, the company surpassed its 2024 revenue targets by 32 per cent and recorded a nearly 50 per cent increase in share price.

She also served as Chief Data Officer from 2019 to 2024, leading enterprise-wide data transformation and strategy.

Her influence extends to board-level roles as a non-executive director at AXA Mansard Investments and APD, where she contributes to governance and performance oversight.

Ms Ola-Israel has led several transformative initiatives, including the development of KPI and premium financing dashboards, a car valuation model that improved claims integrity, a remote vehicle inspection tool, and a comprehensive value chain analysis that enhanced operational efficiency and customer experience.

Beyond finance, she is a passionate mentor and advocate for gender equity. She founded the Finance Community at AXA Mansard to promote continuous learning and mentor aspiring women board members through WIMBIZ. She also plays a key role in AXA Mansard’s sustainability agenda, embedding ESG strategies into operations and strategic planning.

She has spoken at major industry events, including the 2024 International Conference for Women in Insurance.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Lagos Seals Radio Station, Others for Noise Pollution

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Wise FM Lagos

By Aduragbemi Omiyale

A radio station, Wise FM, has been sealed by officials of the Lagos State Environmental Protection Agency (LASEPA).

The premises of the broadcast media platform, located on Ogabi Street, Meiran, Ile-Iwe Bus Stop, were shut by the state government on Tuesday, June 23, 2026, alongside other establishments across different parts of Lagos State for alleged persistent violations of environmental regulations despite repeated warnings, abatement notices, and opportunities provided for compliance.

In a statement by LASEPA, it was disclosed that the enforcement exercise was carried out in response to various environmental infractions, including noise pollution, air pollution, obstruction of official duties, and failure to comply with its directives.

As regards Wise FM, it was said that it was sealed for noise and air pollution as well as non-compliance with the Agency’s directives.

Another organisation affected, Star-View Terrace, located in Amuwo Odofin, Lagos, was shut down for noise pollution and non-compliance with the agency’s directives, while Premiership Suites, located at Akin Osiyemi Street, Off Allen Avenue, Ikeja, was sealed for non-compliance with the agency’s directives.

Speaking on the enforcement operation, the General Manager of LASEPA, Mr Babatunde Ajayi, reiterated the organisation’s unwavering commitment to safeguarding public health and ensuring a cleaner, safer, and more sustainable environment across Lagos State.

He stressed that both individuals and corporate organisations have a responsibility to comply with environmental laws and regulations, stressing that environmental protection remains a collective duty that requires the cooperation of all stakeholders.

The LASEPA boss warned that the agency would continue to intensify enforcement actions against violators in order to curb environmental nuisances and protect residents from the harmful effects of pollution.

Mr Ajayi urged residents, business owners, and operators of commercial establishments to adopt environmentally responsible practices and cooperate with regulatory authorities in promoting a healthier, cleaner, and more livable Lagos.

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LPPC Temporarily Strips Mike Ozekhome of SAN Title

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By Aduragbemi Omiyale

Renowned legal practitioner, Mr Mike Ozekhome, has been directed to desist from using the prestigious title of the Senior Advocate of Nigeria (SAN) for now pending the outcome of disciplinary proceedings against him.

He is being investigated by the Legal Practitioners’ Privileges Committee (LPPC), a body which looks into complaints against lawyers in Nigeria.

Announcing the suspension of the prominent lawyer’s SAN rank on Thursday, the Chief Registrar of the Supreme Court, Mr Kabir Akanbi, said the disciplinary action was taken at the committee’s 173rd general meeting on Tuesday, June 23, 2026.

Mr Akanbi, who doubles as the Secretary of the LPPC, stated in the statement that the temporary ban is intended to safeguard the integrity, dignity, and prestige of the SAN rank while the matters under review are being considered.

It was explained that the suspension was pursuant to Paragraph 26(6) of the Guidelines for the Conferment of the Rank of Senior Advocate of Nigeria and all Matters Pertaining to the Rank, adding that it is tied to disciplinary proceedings currently before the Disciplinary and Ethics Sub-Committee of the LPPC and other related proceedings.

“The LPPC remains committed to upholding the highest standards of professional ethics, integrity, and discipline within the legal profession and to ensuring that the Rank of Senior Advocate of Nigeria continues to command public confidence and respect,” a part of the notice disclosed.

It stressed that, “Mike Ozekhome shall refrain from parading himself, presenting himself, or otherwise holding himself out as a Senior Advocate of Nigeria pending the final determination of the disciplinary proceedings.”

The title of Senior Advocate of Nigeria (SAN) is the highest honour bestowed upon legal practitioners in the country, recognising excellence and long-standing contributions to the legal profession. The LPPC is the statutory body empowered to award and withdraw the rank.

Mr Ozekhome is one of Nigeria’s famous constitutional lawyers, human rights activists, and public commentators, but lately, his name was mentioned in an alleged forgery in the United Kingdom.

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Senate Passes State Police Bill

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Senate Petroleum Industry Bill

By Aduragbemi Omiyale

The bill seeking to establish state police in Nigeria was on Wednesday, June 24, 2026, passed by the Senate during a plenary presided over by the Senate President, Mr Godswill Akpabio.

The piece of legislation was passed today after more than two-thirds of the lawmakers in the red chamber of the National Assembly voted in support via a manual voting process involving the raising of hands.

Before the passage at the plenary, the chairman of the Senate Committee on the Review of the Constitution, Mr Barau Jibrin, presented the panel’s report to his colleagues.

According to him, the bill will transform policing in the country and boost security, as it allows the sub-nationals to create their own policing system.

The bill provides for the Federal Police Service to be headed by the Inspector-General of Police, while the State Police Service will be led by a Commissioner of Police, who will be appointed by the governor of the state, subject to confirmation by the state’s House of Assembly.

To prevent the misuse of state police against political opponents or critics, ensuring that any action taken against such individuals or groups complies with due process and existing laws, the bill prohibits the Commissioner of Police of a state from arresting, detaining, investigating, or deploying force against any critic of the state governor, except in accordance with the law.

After the clauses of the bill were considered at the Committee of the Whole, the bill was passed and will be transmitted to the President for assent into law.

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