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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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Makinde Extends Curfew in 10 Local Governments by 24 Hours

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seyi makinde curfew extension

By Adedapo Adesanya

The Governor of Oyo State, Mr Seyi Makinde, has approved the extension of the curfew imposed on 10 local government areas bordering the Old Oyo National Park by an additional 24 hours.

The development was announced in a statement issued by the Secretary to the State Government, Mr Musibau Babatunde, and signed by the Special Adviser to the Governor on Media, Mr Suleiman Olanrewaju.

The state government had, on June 23, 2026, imposed a dusk-to-dawn curfew from 4:00 pm to 8:00 am on the affected local government areas as part of measures to address the prevailing security situation.

With the extension, the curfew, which was initially scheduled to last 48 hours, will now remain in force until Saturday, June 27, 2026.

The affected local government areas are Oriire, Orelope, Irepo, Saki West, Saki East, Atisbo, Itesiwaju, Iseyin, Olorunsogo and Atiba.

The government urged residents of the affected areas to continue cooperating with security agencies and to comply fully with the directive as efforts continue to safeguard lives and property.

This development follows the abduction of 39 students and seven ⁠teachers in an attack targeting several schools in Nigeria’s southwestern Oyo State in May.

The attack took place in ⁠Ahoro Esinele community in Oriire district, targeting a secondary school and two primary schools, according to officials. With over 40 days in captivity, all rescue efforts have so far not yielded results.

Mass ⁠kidnappings by armed groups have become a serious security challenge in Nigeria in recent years, with criminal gangs exploiting weak security to target travellers, students, and rural communities for cash payments. Schools are often targeted, although such ‌attacks ‌used to be rare in the southwest of the country.

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Dangote Cement Ibese Commissions Cassava Processing Plant in Ogun

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Cassava Processing Plant in Ogun

By Aduragbemi Omiyale

In order to aid alternative and sustainable means of livelihood amid rising food prices and growing concerns over food security in Nigeria, the Ibese Plant of Dangote Cement Plc has handed over a state-of-the-art garri and fufu processing plant to the Kajola host community in Ewekoro Local Government Area of Ogun State.

The facility is expected to support cassava farmers and processors by improving efficiency and expanding income-generating opportunities.

According to the organisation, the project, delivered under the Community Development Agreement (CDA) with its host communities signed in 2022, is a strategic intervention aimed at boosting agricultural value addition, reducing post-harvest losses and strengthening livelihoods for rural farmers and women.

The Ibese Plant Director, Mr Ayyagari Subbaraidu, at the commissioning, said, “This project is aimed at improving cassava processing, reducing losses and creating sustainable employment for women and farmers in the community.”

He disclosed that the facility features separate garri and fufu processing units equipped with modern machinery, including a five-tonne-per-day peeling machine, hydraulic presses, frying systems, fermentation basins, solar-powered boreholes and sanitation infrastructure, adding that it will serve as a catalyst for local economic growth by enhancing productivity and supporting small-scale agribusinesses across Kajola and neighbouring communities.

The Plant Director also urged the community and the Project Governance Committee to maintain transparency in the management of the facility to ensure long-term sustainability.

The Ogun State Commissioner for Agriculture and Food Security, Mr Bolu Owotomo, who was at the unveiling of the project, said it aligns with Governor Dapo Abiodun’s vision of making agriculture a key driver of economic growth through value addition and enterprise development.

The Commissioner disclosed that “over 166,000 farmers, including more than 90,000 cassava farmers, have been registered under the Ogun State Farmers Information Management System (OGFIMS) to benefit from government interventions.”

He urged the community to safeguard the facility and assured residents of the continued support of the state government towards agricultural development and food security.

“This processing plant will strengthen the cassava value chain, improve product quality, create jobs and enhance food security while boosting farmers’ incomes,” the Commissioner stated.

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FG Backs US Sanctions on Three BDC Operators Linked to Terror Financing

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bdc operator

By Adedapo Adesanya

The federal government has hailed the recent sanctioning of three Nigerian bureau de change (BDC) operators by the United States’ Office of Foreign Assets Control (OFAC) for alleged terrorism financing.

“The Nigeria Sanctions Committee welcomes the recent inclusion of Mukthar Muhammad Adamu, Nine to Nine BDC, and Generation BDC Limited by the United States Office of Foreign Assets Control (OFAC).

“These designations follow the inclusion of Adamu and his companies as part of a broader update to the Nigeria Sanctions List approved and published on 18th June 2026,” it disclosed in a statement.

It said that the naming of the three companies and six people followed extensive intelligence gathering, financial investigations, and inter-agency assessments, which established reasonable grounds to believe that the affected individuals and entities facilitated, financed, supported, or otherwise contributed to the activities of the Islamic State West Africa Province (ISWAP) and associated terrorist networks.

“The individuals and entities added to the Nigeria Sanctions List on 18th June 2026 are Ibrahim Yakubu Ogirima (NLISWi.19), Muktar Muhammad Adamu (NLISWi.20), Adamu Chiroma (NLISWi.21), Ibrahim Abubakar (NLISWi.22), Abdullahi Umar Usman (NLISWi.23), Babangida Muhammed Adamu Hammajam (NLISWi.24), Abbal Bako & Sons Bureau De Change Limited (NLISWe.25), Generation Currency BDC Limited (NLISWe.26), Nine to Nine BDC Limited (NLISWe.27),” the statement read in part.

The federal government reiterated its directive to all financial institutions and designated non-financial businesses and professions to continue to comply with all sanctions obligations, including asset-freezing requirements, the filing of suspicious transaction reports, and the reporting of all relevant matches to the appropriate authorities.

The sanctions committee commended the work of the Federal Ministry of Justice, Office of the National Security Adviser (ONSA), Central Bank of Nigeria (CBN), Department of State Services, Economic and Financial Crimes Commission, and the Nigerian Financial Intelligence Unit for their actions to ensure that terrorist groups are denied the resources that sustain their activities.

It stated that Nigeria remains resolute in its commitment to ensuring that terrorists and their financiers find no safe haven within the country’s financial system.

The committee also said that the Federal Government would continue to work closely with domestic stakeholders and international partners to protect national security, strengthen financial integrity, and contribute to global efforts to combat terrorism and its financing.

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