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Stanbic IBTC Employs 17th Stream Graduate Trainees

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By Modupe Gbadeyanka

Recently, the 17th Stream of Stanbic IBTC Holdings PLC Graduate Trainees were fully absorbed into the financial institution after undergoing series of trainings.

The 17th Stream of Stanbic IBTC Graduate Trainees kicked off ‘physically’ in the classroom at the Stanbic IBTC Blue Academy.

However, when the total lockdown order was instituted in some states of the federation, the Stanbic IBTC management decided to convert the Graduate Trainees classroom experience to a full digital training programme, thereby converting a challenge into a historical experience.

Few days ago, they graduated and the organisation held the first ever digital graduation ceremony for the participants, who were themselves trained digitally.

Speaking at the ceremony, the Chief Executive of Stanbic IBTC Holdings, Mr Yinka Sanni, explained that the decision to organise a ‘virtual’ graduation ceremony for the graduates was based on the COVID-inspired lockdown currently in place in many parts of the country.

Describing the occasion as epoch making, the Stanbic IBTC Holdings PLC Chief Executive advised the Graduate Trainees to imbibe the values of the organisation, while also taking responsibility in various spheres of their lives.

“I would like to challenge you to take responsibility on various fronts as you join Stanbic IBTC full time. Taking responsibility means you would accept to be accountable for many things. Take responsibility for the values, vision and mission of Stanbic IBTC Holdings PLC.

“Try to understand them and make up your mind to live by them. Those that live by them will be very successful at Stanbic IBTC.

“You should also take responsibility for your career development, progression and learning.

“I also advise that you should also take responsibility for your health, knowing that whatever you do may impact the health of other people,” Mr Sanni said further.

The experienced banker also urged the Graduate Trainees to be good citizens of Nigeria while he also charged them to display the tenets of innovation and creativity.

Also speaking at the event, the Country Head, Human Capital, Stanbic IBTC Holdings, Ms Funke Amobi, stated that, “Today, I am excited to receive into the Stanbic IBTC workforce an exciting group of talented and highly intelligent graduates.

“You worked diligently to achieve this spectacular outcome. You are evidence to us that digital is real at Stanbic IBTC. We are a digital financial services organisation.

“The outcome of this digital learning is indeed a testament to the fact that the future of work is digital and Stanbic IBTC is ready and prepared for this future.”

In his remarks, the Registrar and Chief Executive of the Chartered Institute of Bankers of Nigeria (CIBN), Mr Oluseye Awojobi, congratulated the Graduate Trainees on the historical occasion, while also extolling the curriculum of the Stanbic IBTC Holdings PLC Graduate Trainee Program, which he said aligned with the competency framework of the CBN, thus earning the graduates exemptions in the CIBN certification process.

“I congratulate the entire Stanbic IBTC Group and the Graduate Trainees. You are part of the future and you are driving it. The CIBN is ready in its role to continue to make you a relevant and formidable team in the banking industry,” he said.

The graduation ceremony is the final phase of the Stanbic IBTC Graduate Trainee recruitment and onboarding process. The programme was specifically designed to build capability and create a sustainable pipeline in the Group, by developing young, talented and passionate professionals for the future.

Even though the Stanbic IBTC Graduate Traineeship programme commenced in 2010 and has been classroom-based since then, in 2020, the 17th Stream of Graduate Trainees marked the first set to learn and graduate ‘virtually’.

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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NMDPRA Denies Fake Employment Alert, Warns Unsuspecting Job Seekers

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By Adedapo Adesanya

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that the viral report suggesting that it is currently employing new staff is the “handiwork of fake recruitment syndicates established to mastermind fraudulent activities.”

In a Monday statement posted on its official X handle, NMDPRA expressed that it was compelled to publish the disclaimer to alert the public against such activities due to what it described as “exploiting young economically vulnerable and unsuspecting Nigerians perhaps into parting with huge sums of money for purported employment opportunities into the authority.”

“They do this by issuing bogus “Letters of Employment” and empty promises, as well as offering non-existent positions. These may well be the handiwork of fake recruitment syndicates established to mastermind these fraudulent activities.

“We wish to use this opportunity to state categorically that the NMDPRA is NOT conducting any recruitment exercise currently. Neither is the Agency undertaking any kind of employment in its services at any level. For the avoidance of doubt, any future recruitment exercise would be undertaken in accordance with extant rules guiding such exercises in the Nigerian Public Service,” the organisation emphasised.

The agency further advised the public to disregard these fake employment advertisements and urged them to visit its official website and social media pages to verify any recruitment claims.

The statement added, “In this regard therefore, we would like to advise the public and all Nigerians to ignore these spurious claims by unscrupulous people whose only objective is to defraud Nigerians and cast aspersion on the authority.

“We further advise that for current and up to date information regarding all our activities, kindly refer to our official corporate website: www.nmdpra.gov.ng as well as all our verified online social media outlets (i.e. Facebook, Linkedln and Instagram) for authentic information.”

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Aradel Appoints Nnoli Akpedeye as Independent Non-Executive Director

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Nnoli Akpedeye

By Adedapo Adesanya

Aradel Holdings Plc has appointed Ms Nnoli Akpedeye as an Independent Non-Executive Director, effective February 2, 2026, following a resolution passed at the company’s board meeting held on January 28, 2026.

In a notice to shareholders, Nigerian Exchange (NGX) Limited, and the investing public, the company disclosed that the appointment is subject to ratification by shareholders at its next Annual General Meeting (AGM). The board also authorised the Company Secretary, Mrs Titiola Omisore, to notify relevant regulators and take all necessary steps to give effect to the decision.

Ms Akpedeye brings more than 36 years of multi-disciplinary experience spanning oil and gas, engineering, legal and arbitration services, and management consulting. Her career reflects a strong blend of technical expertise and strategic leadership, with competencies in management and strategy, business process engineering, organisational development and change management, as well as entrepreneurship development.

Until 2014, she served as Technical Planning Manager for Shell Exploration and Production Companies in Nigeria, where she led the execution of high-impact, mission-critical projects. Over the course of her career at Shell, she held roles across civil engineering design, planning and construction, project management, facility management, technical audit, and business planning and strategy, gaining extensive local and international exposure.

Beyond her corporate career, Ms Akpedeye is an entrepreneur and advocate for capacity building in engineering and energy. She runs Contego Servo Limited and Perfectus Laundi Limited, and in 2013, she launched the “Introduce a Girl to Engineering” programme aimed at encouraging secondary school girls in Nigeria to pursue careers in engineering and related STEM fields.

She is a Council for the Regulation of Engineering in Nigeria (COREN)-registered engineer, a Fellow of the Nigerian Society of Engineers (FNSE), and a past President of the Association of Professional Women Engineers of Nigeria (APWEN). She is also a founding member of the Women in Energy Network (WIEN) and serves as a passionate ambassador for science, technology, engineering and mathematics education.

In addition, Ms Akpedeye is the Chief Operating Officer (COO) of Compos Mentis Legal Practitioners and the Chairman of the Board of Trustees of the Compos Mentis Foundation.

Her appointment further strengthens Aradel Holdings’ board with deep industry knowledge, governance experience, and a strong track record in leadership and institutional development, as the company continues to pursue its strategic objectives within Nigeria’s energy landscape.

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Geregu Power Chooses Sean Manley as Interim CEO

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Geregu Power

By Aduragbemi Omiyale

An interim chief executive has been appointed by Geregu Power Plc and he is Mr Sean Manley, with his appointment to take effect from Monday, February 2, 2026.

A statement from the power generating firm disclosed that his appointment is subject to the approval of the Nigerian Electricity Regulatory Commission (NERC) and the shareholders of the company at the next general meeting.

In the notice, the organisation expressed confidence that the appointee would use his wealth of experience and leadership to “add significant value to the company.”

Mr Manley is said to be “a seasoned power-sector professional with a proven track record in delivering complex energy projects in developing markets.”

He is armed with more than 30 years’ experience spanning sales, business development, project implementation, supply-chain management, and OEM-led delivery within the power sector.

Over the course of his career with Siemens, Mr Manley has developed deep technical and operational expertise in thermal power generation, covering plant construction, commissioning, major overhauls, and long-term operational support.

He is widely regarded as a practical problem-solver, with a demonstrated ability to close projects in challenging operating environments and brings extensive international experience and strong intercultural skills acquired across multi-jurisdictional engagements.

His areas of expertise include the delivery of large, complex infrastructure projects, management of multi-million-dollar business units, client and stakeholder relationship management, business and market development, as well as logistics and procurement analysis critical to successful project execution.

The appointment of Mr Manley comes after Mr Femi Otedola divested his stake in the energy firm last month to support the recapitalisation of First Bank of Nigeria, a subsidiary of FBN Holdings Plc, which he chairs.

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