Jobs/Appointments
First Aluminium Appoints New MD as Igbinakenzua Resigns
By Dipo Olowookere
Managing Director of First Aluminium Nigeria Plc, Mr Elias Igbinakenzua, has resigned from the company.
Mr Igbinakenzua, who left Access Bank as an Executive Director few years ago to take up the plum job at the aluminium company, resigned from his new position after over two years.
A statement from the company said the resignation of Mr Igbinakenzua was accepted by the board on Tuesday, April 30, 2019.
Though no reason was given for the exit of the former banker, there are indications that Mr Igbinakenzua is planning to return to the financial services sector.
Already, the board of First Aluminium Nigeria Plc has announced a new Managing Director of the company.
He is Mr Callistus Udalor, who served the company prior to his appointment as Deputy Managing Director of the company.
He will be expected to pilot affairs of the firm and make it viable again possibly on the Nigerian Stock Exchange (NSE).
“Notice is hereby given to the Nigerian Stock Exchange that at the meeting of the board of directors of First Aluminium Nigeria Plc which held on Tuesday, April 30, 2019 at 177, Moshood Olugbani Street, Victoria Island, Lagos, at which a quorum was present, the board accepted the resignation of Elias Igbinakenzua as the Managing Director of the company and approved the appointment of Callistus Udalor, the former Deputy MD of the company as the new MD,” the statement issued on Friday by the firm said.
Business Post reports that the board of First Aluminium Nigeria Plc had before now consider delisting shares of the company from NSE due to low level of activity.
But in the past days, the company has had improvements in the sale of its shares by investors.
On April 24, 2019, a total of 2.3 million units of the stocks were traded on the NSE, closing at 47 kobo per unit.
The next day, the share price rose to 48 kobo each, but dropped to 47 kobo on the day the board accepted the resignation of Mr Igbinakenzua.
As at the close of business yesterday, shares of the company settled at 42 kobo per unit with a total of 100,000 units sold.
By Modupe Gbadeyanka
Lagos Television (LTV 8), Alausa, Ikeja, has a new General Manager, and he is Mr Kayode Oyekanmi, replacing Mrs Sola Kosoko, who was ousted by the Lagos State government.
Mr Oyekanmi was presented with his letter of appointment on Wednesday, May 13, 2026, by the Lagos State Head of Service, Mr Bode Agoro, in a brief ceremony.
The new General Manager of the state-owned broadcast station was tasked with using his vast experience in the media space to take LTV 8 to greater heights.
Mr Agoro expressed confidence in Mr Oyekanmi’s capacity to reposition Lagos Television and wished him a successful and impactful tenure of office.
Prior to his appointment, Mr Oyekanmi served as the Director of Strategy Centre at the Lagos State Ministry of Information and Strategy, a position he has held since 2022.
A seasoned brand communications practitioner, Mr Oyekanmi has over three decades of professional experience spanning both the private and public sectors, with expertise in Advertising, Public Relations, and global export services.
He commenced his public service career as a Public Affairs Practitioner on March 1, 2000, with the Lagos State Ministry of Information and Strategy.
The new LTV boss, a Lagos State indigene from Isale Eko, Lagos Island, has received several awards in recognition of his dedication, hard work, and commitment to the journalism profession.
He holds a Master’s degree in Public Administration (MPA) from the University of Lagos and a Bachelor’s degree in English Language and Education from Lagos State University.
He is an active Member of the Nigeria Union of Journalists (NUJ) and the Nigerian Institute of Public Relations (NIPR).
In addition, he is a voracious reader and a passionate lawn tennis player, and currently serves as the Charter President of the Lagos State Ministry of Information Toastmasters Club.
By Modupe Gbadeyanka
A retired Major-General, Mr Adeyinka Famadewa, has been appointed as the Special Adviser to President Bola Tinubu on Homeland Security.
The appointee retired from the military after over three decades, with experience in national security strategy, intelligence fusion, counter-terrorism operations, and international security diplomacy.
His career reflects a rare blend of operational excellence, strategic foresight, and institutional leadership in safeguarding Nigeria’s territorial integrity and national interests, a circular signed by the Secretary to the Government of the Federation (SGF), Mr George Akume, said.
It was disclosed that Mr Famadewa was chosen for the position because of his exceptional record of service, strategic expertise, and outstanding contributions to Nigeria’s national security architecture.
The notice said the appointment underscores the commitment of the administration of Mr Tinubu to strengthening internal security coordination, enhancing intelligence-driven operations, and deepening inter-agency collaboration in addressing emerging security threats across the country.
The President expressed confidence that Mr Famadewa’s appointment will further enhance the government’s efforts toward achieving a safer and more secure Nigeria through improved coordination of homeland security initiatives, intelligence integration, and proactive risk management.
He also urged him to deploy his wealth of experience, professionalism, and strategic insight in advancing national security objectives and supporting the administration’s agenda.
By Aduragbemi Omiyale
In a bid to strengthen its board and support its transformation goals, FCMB Group Plc has appointed the chairman of the board of the Lagos State Employment Trust Fund (LSETF), Mrs Adepeju Adebajo, as an independent non-executive director.
A statement signed by the company secretary, Mrs Olufunmilayo Adelabu, disclosed that the appointment has been approved by the Central Bank of Nigeria (CBN).
She brings to the board over 30 years of experience across industry, renewable energy, agriculture, finance and consulting. She has worked with teams and clients in sub-Saharan Africa and Europe, helping them grow and multiply impact.
Throughout her career, Mrs Adebajo has led teams through change and growth. She previously worked at Lafarge Africa Plc, and was once the chief executive of Mouka Limited, Lumos Nigeria, UTC Nigeria Plc and an Assistant General Manager at United Bank for Africa (UBA) Plc. She is a Transformation Lead at Etex Group (Nigerite and Emenite Limited).
In 2025, she founded Climate Governance Initiative Nigeria, affiliated with the World Economic Forum (WEF) and serves on the World Economic Forum Council on Climate and Nature Governance (2025-2027).
Mrs Adebajo holds a Master’s and a BSc in Chemical Engineering from Imperial College London and an MBA from Harvard Business School.
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