General
Afreximbank’s Oramah Emerges Forbes Africa 2023 Person of the Year
By Adedapo Adesanya
The President of the African Export-Import Bank (Afreximbank), Professor Benedict Oramah, has been recognised with the Forbes Africa magazine 2023 Person of The Year award.
At a well-attended award ceremony in Cairo, which also included the unveiling of the cover for Forbes Africa’s December 2023/January 2024 edition featuring Mr Oramah as cover personality, Mr Rakesh Wahi, Forbes Africa Founder and Publisher, and Ms Roberta Naicker, Managing Director, said that the award recognised the stellar accomplishments of leading Africans contributing to the development of the continent.
“With a career spanning three decades at Afreximbank, Prof. Benedict Oramah is a true pan-Africanist,” said Ms Renuka Methil, Managing Editor of Forbes Africa, “In our almost hour-long interview Prof. Oramah’s stellar track record, coupled with his unbridled enthusiasm, passion, and contribution to the economic development of Africa shone through.”
“Amongst many initiatives under his visionary leadership, Afreximbank launched the Pan-African Payment and Settlement System (PAPSS) which will be a historic project for cross-border payments in local African currencies. He is a resilient risk-taker and articulated so well what a new united Africa should, and would, look like,” added Ms Renuka Methil.
Nominations for Forbes Africa Person of The Year are submitted by members of the magazine’s editorial and research teams, including journalists from its bureaus across Africa, and a winner is selected after an Africa-wide review of the prominent contributors to the continent.
Mr Oramah’s name was shortlisted and unanimously adjudged the winner for 2023.
With the award, Mr Oramah joins a prestigious list of high achievers who had previously received the award, including Mr Sanusi Lamido Sanusi, former Governor of the Central Bank of Nigeria; Mr James Mwangi, CEO, Equity Group; Mr Akinwumi Adesina, President, African Development Bank (AfDB); Mr Aliko Dangote, CEO, Dangote Group; Mr Mohammed Dewji, President, MeTL Group; and Mr Thuli Madonsela, former Public Protector of South Africa.
On November 18, Mr Oramah also received the Zik Prize in Professional Leadership at an event in Lagos, Nigeria. He is also the recipient of numerous other awards for his contributions to the development and promotion of trade in Africa, and for the many initiatives he has championed to drive intra-African trade.
General
President Tinubu Greets Senator Kalu at 65
By Aduragbemi Omiyale
The Senator representing Abia North Senatorial District in the National Assembly, Mr Orji Uzor Kalu, has been congratulated by President Bola Tinubu on his 65th birthday.
In a statement released by the State House, the former Governor of Abia State was praised for his multifaceted roles and his service to the nation.
Mr Tinubu said his longtime friend and political ally has worked for the growth of Nigeria, having served as the Senate Chief Whip and currently the Chairman of the Senate Committee on the South East Development Commission (SEDC).
The SEDC is one of the regional development commissions established by the administration of President Tinubu to accelerate infrastructure, economic growth, and overall development across the South East geopolitical zone.
The President highlighted the lawmaker’s significant contributions during his tenure as Governor of Abia State from 1999 to 2007, as well as his continued dedication to the progress of the state and the nation at large.
He also acknowledged Mr Kalu’s accomplishments in the private sector, describing him as a media mogul and Chairman of SLOK Holding, who continues to play a vital role in Nigeria’s economic development.
“Senator Orji Uzor Kalu’s vision, resilience, industry and service to the nation and commitment to the progress of Abia are noteworthy,” President Tinubu remarked.
“I wish him long life, greater strength and increased wisdom as he continues his service to the nation,” the President concluded.
General
FCCPC Seals Paradise Estate Over Consumer Rights Violations
By Adedapo Adesanya
The Federal Competition and Consumer Protection Commission (FCCPC) has sealed Paradise Estate in Life Camp Extension, Abuja, following serious allegations of consumer rights violations.
The action was taken due to the estate’s alleged failure to deliver housing units to buyers despite receiving full payment.
The FCCPC also cited multiple public complaints and other offences as grounds for the enforcement.
According to the commission, numerous complaints had been lodged against Paradise Estate, but the management repeatedly failed to comply with regulatory directives.
The non-compliance prompted the FCCPC’s visitation and eventual sealing of the premises.
Speaking to reporters, the FCCPC’s Deputy Director of Surveillance, Marvin Nadah, noted that the developer was given a seven-day window to respond to an official summons but failed to comply.
In its defence, Paradise Homes’ Head of Legal, Mr Aloysius Ezenwa, argued that the transactions were protected under the existing “Contract of Sale.” The company expressed its dissatisfaction with the sealing, maintaining that the dispute is a contractual matter that should be settled before a tribunal.
However, the FCCPC maintained that its actions were lawful and that it had not been served with any court appeal to halt the process.
The commission reiterated its stance on prioritising the rights of Nigerian consumers and ensuring developers are held accountable.
It noted its commitment to protecting consumers from unfair business practices and warned other real estate developers to adhere strictly to contractual obligations and consumer protection laws.
The FCCPC’s involvement in a housing complaint comes after a Federal High Court in Abuja ruled that the organisation has the powers to investigate consumers’ complaints involving banks and other financial institutions.
The banks, the court ruled, are answerable to FCCPC. It dismissed a suit filed by the United Bank for Africa (UBA) and slammed N2 million on it.
The decision has been described as a big win for bank customers.
In a statement signed by its Corporate Affairs Director, Mr Ondaje Ijagwu, FCCPC’s chief executive, Mr Tunji Bello, said, “This is a big victory for bank customers.”
General
NPA Onne Honours Retirees
By Bon Peters
Retirees of the Nigerian Ports Authority (NPA) Onne Port complex in Rivers State were honoured at an event on Wednesday, April 22, 2026.
The ceremony was full of conviviality, renewal of camaraderie and more importantly a demonstration of love, affection and commitment as shown to the retirees by the management.
The Port Manager for Onne Port Complex, Mr Abdulrahmon Hussain, informed newsmen that the event was to appreciate the retirees who have shown commitment, laid foundation and also mentored most of the workforce at Onne.
“What the Nigerian Ports Authority Onne Port complex management is doing today is to appreciate our retirees,” he said.
“We believe that the foundation we are standing on today was laid by them. While in service, they have mentored our junior staff and contributed immensely to the growth and development of the Port.
“Simply put, you know here is referred to as a family Port and we want to sincerely show them that they are still members of the family though retired,” he added.
Mr Hussain also praised the Managing Director of the NPC, Mr Abubakr Dantsoho, for giving welfare of employees a priority.
“Today’s event is the first of its kind at our Port but we promise to make it more memorable going forward.
“Apart from the multivitamins and other drugs we provided for them, I feel the most important thing is the demonstration of love and care which the management has shown them today, and I promise that the management will do more next year,” he stated.
Also speaking, the Chief Medical Officer (CMO) of Onne Port complex Dr Bashir Kangiwa, applauded the Port Manager for the initiative describing it as the first of its kind.
He noted that when he was assigned to carry out the project from the Medical Department, he embraced the responsibility with all arms and was happy it was successful.
He hinted that the NPA has a policy that even as a retiree, they enjoy an unhindered access to the company’s medical facilities and could also be referred to another hospital if the ailment is beyond the organisation’s control.
One of the retirees, Mr Ndudim Amos Nwaji, a former NPA Senior Staff Association Chairman, thanked the management of Onne Port complex for the gesture.
He advised those in the leadership position of this country to borrow a leaf from the NPA management, insisting that the senior citizens of this country should be taken care of.
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