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Yahoo Finance Puts Ademola Bamgbose on EMpower Top 100 List

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Ademola Bamgbose

By Modupe Gbadeyanka

A Nigerian, Dr Ademola Bamgbose, has made the list of EMpower Top 100 Ethnic Minority Future Leader Role Models 2020.

The list was compiled by Yahoo Finance and it is to celebrate the achievements of Black, Asian and Minority Ethnic (BAME) business leaders in Europe, the United States and Canada.

Dr Bamgbose is the International Arbitration Associate at Hogan Lovells, an American-British law firm co-headquartered in London and Washington.

The organisation was formed on May 1, 2010, by the merger of the American law firm of Hogan & Hartson and the British law firm Lovells.

The EMpower 100 Ethnic Minority Future Leaders list recognises the contributions and impact of inspirational individuals for their business achievements and for making a significant contribution to the inclusion of ethnic minority employees.

All the executives listed were nominated by peers and employees and reviewed by EMpower’s judging panel, which included the head of Yahoo Finance UK, Lianna Brinded.

As an international arbitration lawyer admitted to practice in Nigeria, England and Wales, Dr Bamgbose sits on the steering committee of both the BAME and Multicultural Networks at Hogan Lovells.

He mentors BAME lawyers and students and plays a leading role in Hogan Lovells’ diversity and inclusion agenda.

The legal practitioner co-founded Africa Arbitration, a platform designed to promote black practitioners across the globe. He is also Regional Representative (Africa) at the London Court of International Arbitration – Young International Arbitration Group, director of the Africa Arbitration Academy and Honorary Lecturer (international arbitration) at Nigeria’s premier university, University of Ibadan.

Commenting on this feat, he said, “I am very honoured and proud to be recognized on the EMpower Role Model Lists as an Ethnic Minority Future Leader for 2020 among other business leaders in Europe, the United States and Canada for our business achievements and contribution to the inclusion of ethnic minority employees.

“I am thankful for the recognition and also grateful for the opportunity to take a front seat in driving Hogan Lovell’s diversity and inclusion agenda.

“As a co-founder of Africa Arbitration, a platform designed to promote black practitioners across the globe, we are keen on highlighting the  tremendous talents and depth of experience that Africa has to offer to the international arbitration community.

“Although we have had some great achievements so far, there is still a lot more to do. Now, more than ever, I’m proud to be part of the conversations we are having at Hogan Lovells, a firm that believes in creating a thriving, inclusive environment, about the change we need to effect and the work that still needs to be done.”

London-based banking associate at Hogan Lovells, Sengova Kailondo a member of the Steering Committee of the firm’s Multicultural Network, as well as the newly established employee network, Race and Ethnicity at Hogan Lovells (REAHL), was also named alongside Ademola in the list for his work in increasing the recruitment of employees from BAME and lower socioeconomic backgrounds.

As a global law firm, Hogan Lovells is committed to becoming a leader in diversity and inclusion (D&I), where all of its people can be themselves and feel empowered to succeed.

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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CNPP Begs Wike for Certificates of Occupancy Payment Deadline Extension

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FCT Minister Wike

By Modupe Gbadeyanka

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has been urged to extend the deadline for the payment of Certificates of Occupancy (C of O) by property owners in Abuja.

This plea for an extension was asked by the Conference of Nigeria Political Parties (CNPP) through a statement signed by its Deputy National Publicity Secretary, Mr James Ezema.

The group said the initial two-week grace period given to the affected allottees, which expired on Friday, January 3, 2025, was insufficient, considering the current economic challenges facing the country.

Recall that after public outcries, Mr Wike, who is the immediate past governor of Rivers State, granted an extension to the owners of the 762 revoked plots of land in Maitama, Abuja.

“We are appealing to the Minister and the Federal Capital Territory Administration (FCTA) to tamper justice with mercy and issue an extension in the spirit of the yuletide and in view of the economic challenges in the country,” the association stated.

It stressed that the extension would give the affected individuals and groups ample time to comply with the directive, thereby avoiding any undue hardship or loss.

“We pray that the Minister and the FCTA will grant the allottees an extension to comply with the directive, giving all the affected individuals and groups enough time to have themselves to blame at the end of the final extension,” the statement added.

The CNPP’s appeal comes on the heels of its recent expression of concern over the escalating hunger and suffering faced by millions of Nigerians due to the economic realities in the country.

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All Farmers Association of Nigeria Dissociates Self From Ado Kano

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North-East Farmers

By Adedapo Adesanya

The All Farmers Association of Nigeria (AFAN) has dissociated itself from an unofficial viral statement by one of it members, regarding posters indicating activities of the organisation.

The group dissociated itself from the member in a statement signed by its National President and the National Secretary, Mr Kabiru Ibrahim, and Mr Yunusa Halidu, respectively.

“This post is made by an authorized member, Ado A Ado Kano.

“The opinions and views expressed here are those of the author and do not reflect the official policy or position of the group, its administrators, or other members.

“For official statements, please refer to AFAN official contact or platform,” parts of the statement made available to Business Post stated.

According to AFAN, the unofficial posters flying around doesn’t represent the association, noting that Mr Kano is not authorized by AFAN or its officials but those of the author.

AFAN is the umbrella organisation for all farmers’ commodity associations in Nigeria.

Its vision and mission are to assemble all Nigerian producers into one organization, providing a single interlocutor for the government to address agricultural issues with the farming community.

AFAN was formed by the merger of the All-Farmers Association of Nigeria (ALFA) and the National Farmers’ Association of Nigeria (NAFAN).  The merger was recommended by former Nigerian president, Mr Olusegun Obasanjo.

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BUA Debunks Claims of 90% Completion of Refinery in Akwa Ibom

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BUA Pasta Processing Plant

By Adedapo Adesanya

BUA Group has denied widespread reports that its ongoing construction of a 200,000 barrels per day capacity refinery located in Akwa Ibom State is 90 per cent completed.

In a statement signed on Sunday, the group with subsidiaries in food, cement, and energy sectors said that the claims that the structure was at end stage did not come from it.

“Contrary to a misleading report stating that our 200,000 barrels/day refinery is at 90% completion, BUA wishes to advise the public to disregard such misleading reports that did not emanate from us,” a part of the statement read.

It clarified that the project was progressing well and added that it was going to meet the project timeline of 2025.

“As we make remarkable strides on our Akwa Ibom refinery project, we are proud to share that construction is progressing steadily.

“Whilst the refinery is not at 90% completion, we are however on track to meet our delivery timelines in collaboration with our partners.

“This BUA Refinery & Petrochemicals project represents a major milestone in strengthening Nigeria’s refining capacity and energy security,” the group said.

BUA is also carrying out other energy projects, including the construction of a mini-LNG plant and several new hybrid power plants across the country, which it said are also progressing rapidly.

The group says this will add additional capacity to our over 1,000MW installed captive power generation capacity.

“The public is advised to verify any news through our official channels and platforms so as not to be misled by mischievous persons,” the statement said.

“At BUA, we remain committed to transparency and excellence. As we have consistently done with over 12 of our completed mega industrial projects worth over $ 3.5 billion in the past 10 years, we will continue to keep you updated with verifiable and accurate information only where necessary, and as milestones are achieved.

“We appreciate the public’s interest and enthusiasm for this transformative project as we work together in building a stronger industrial and manufacturing base for a self-reliant Nigeria,” it added.

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