By Adedapo Adesanya
The Senate has received a request from President Muhammadu Buhari for the confirmation of Mr Lamido Yuguda as the new Director-General of the Securities and Exchange Commission (SEC).
Also to be screened and confirmed are three nominees as full-time Commissioners of the commission, which is the highest regulatory body in the nation’s capital market.
The President’s request was contained in a letter read by the Senate President, Mr Ahmad Lawan, during the plenary on Tuesday.
“Pursuant to Section 3 and 5(1) of the Investment and Securities Act 2007, I write to request for confirmation by the Senate, the appointment of the following four nominees as Director General and Commissioners of the Securities and Exchange Commission (SEC). Their CVs are attached herewith.
“Others for confirmation are: Mr. Lamido A. Yuguda, Director General; Reginald C. Karausa, full-time Commissioner; Ibrahim D. Boyi, full-time Commissioner; and Mr. Obi Joseph, full-time Commissioner,” the letter read.
If the nomination is confirmed, Mr Yuguda will replace Ms Mary Uduk as the substantive head of the commission.
Ms Uduk took over as Acting Director-General of SEC in April 2018 following the redeployment of the former acting Director-General, Mr Abdul Zubair, to External Relations Department after a reshuffling by former Minister of Finance, Mrs Kemi Adeosun.
Orazulike Joins Ecobank Nigeria Board as Non-Executive Director
By Modupe Gbadeyanka
A seasoned business magnate, corporate administrator and philanthropist, Mr Nnaeto Orazulike, has been appointed to the board of Ecobank Nigeria Limited as a non-executive director.
A statement from the financial institution disclosed that the appointment of the founder and Group Managing Director of Genesis Group took effect from April 2022.
Genesis Group is a Nigerian conglomerate with interests in restaurants, cinemas, hotels, food production and oil & gas services and production.
The businessman would be expected to the board his wealth of experience from similar positions in the past as he had previously served on the board of Fidelity Bank Plc between 2008 and 2017.
He is the National Chairman of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture Trade Group on Tourism and Hospitality. He also currently sits on the boards of various companies and organizations including Shelf Drilling Nigeria, West African Metal Processing Co. Ltd., Fate Foundation, and Spiritan University, Nnochi Imo State.
Mr Orazulike is a graduate of the University of Nigeria with a Bachelor of Science in Accounting degree and an alumnus of Harvard Business School, Executive Training Program. He was also awarded the prestigious Honorary Doctor of Science degree by the University of Port Harcourt in 2015
It was stated that he was picked for this position because he has distinguished himself as a leader in his various endeavours, pioneering and promoting professions through the growth of indigenous talents in Nigeria and beyond.
It was said that the appointee embodies the pan-African vision of the bank and brings with him the wealth of experience, professionalism, and integrity which has earned him national and international acclaim.
Adewale Oyerinde Takes Over as New NECA DG
By Adedapo Adesanya
The Nigeria Employers’ Consultative Association (NECA) has appointed Mr Adewale Oyerinde as the Director-General of the association, effective on Monday, August 1, 2022.
NECA’s President, Mr Taiwo Adeniyi, made this known in a statement on Sunday in Lagos.
The position of Director-General became vacant following the demise of late Dr Timothy Olawale in September 2021.
Mr Adeniyi said that Mr Oyerinde was expected to build on the legacies of professionalism and excellent service that the association was known for and take it to greater heights.
Prior to his ascension, Mr Oyerinde was the Deputy Director and Head of Membership Services of the association.
Mr Oyerinde joined NECA in 2010 and has worked in various capacities in the Social, Economic and Labour Affairs Department and also the Learning and Development Department of the association.
He has over 16 years of experience in Industrial and Human Resources (HR), Business Development, Stakeholders Management and key areas of Employers’ Federation/Business Membership Organisation Management.
Mr Oyerinde, according to the statement, is an HR thought-leader and International Labour Organisation (ILO) trained Master Trainer
He is also a United Nations Industrial Development Organisation-trained ISO 9001:2015 (Quality Management System), ISO 1400:2015 Lead Auditor.
Mr Oyerinde holds a Bachelor’s and Master’s degree in Industrial Relations and Personnel Management from the University of Lagos. He is an alumnus of the International Training Centre of the ILO and a full member of the Chartered Institute of Personnel Management (CIPM), among others.
Nile University of Nigeria Addresses Employability Issues at 3rd Career Fair
By Modupe Gbadeyanka
One of the major highlights of the recently-held annual Career Fair of the Nile University of Nigeria in Abuja was the focus on employability issues and the event afforded participants to learn from experts in the field.
More than 3,000 students and others were present at the university campus in Abuja, with professional career advisors guiding graduates and interns on career strategies, skills development, CV writing techniques, setting up LinkedIn profiles, interview preps, and internship opportunities.
Over 50 organisations including the Association of Chartered Certified Accountants (ACCA), Providus Bank, Access Bank, Bank of Industry, Huawei Technologies, HP Inc., Interra Networks, Premium Wellness Services, Taj Bank, Polaris Bank, Nigerian Computer Society, Jaiz Bank, Norrenberger, to name a few were present at the event to interview students and alumni for internship and job opportunities on the spot.
The panel discussion featured notable players in the corporate and education sectors such as Dr Lanre Phillips, a seasoned professional currently responsible for managing the education sector for HP Inc. in Central and East Africa; Dr Ogo Ifeoma Akabogu of Bank of Industry; Mr Odinaka Ikejibe, Zonal Head, Business Banking at Access Bank, Abuja; Mrs Nnnena Obeka, seasoned Human Resources practitioner at Golden Penny; Mr Emmanuel Okwara, Jnr, seasoned financial, business and life coach/Country Director for Equiti Nigeria; and Ridwan Ganiy, current Chairman, Professor Ayodele Awojobi Design Competition (PAADC).
One of the participants, Ms Martha Ugwunwa, a 500-level Computer Engineering student, commended Nile University for hosting the Career Fair.
“Listening to the advice and experiences of the panellists as well as interacting with the representatives of the different organizations present was an eye-opening experience that helped me know what to expect in the labour market,” she said.
Explaining the rationale behind the fair, the Vice-Chancellor of Nile University of Nigeria, Prof. Dilli Dogo, said it was to bridge the gap between students, graduates, and employers.
“One of our key objectives at Nile University is employability and this Career Fair typifies our desire to expose our students, partners, and stakeholders to future opportunities.
“We realized that when graduates and interns apply for jobs, they compete against thousands of applicants for the same position. To that effect, we are leveraging our relationships with partner organisations to bring these employers directly to our students and alumni,” the scholar said.
On her part, the Head of Student Services at Nile University, Dr Fausat Aleshinloye, described the Career Fair, currently in its 3rd year, as a “major milestone for us at Nile University because it is the biggest and the first to be organised since we became members of the Honoris United Universities.”
“Employability is a key objective of Honoris, and this is reflected in its vision to continuously invest in reshaping the delivery of education to match the needs of employers against the backdrop of the fourth industrial revolution by preparing the 21st-century African talents for a more digitalized technologically advanced future,” she said.
The Career Fair was organized by the Career Services Centre, one of the only fully functional career services centres in any university in Nigeria.
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