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Top Media Firm BHM Announces New Appointments

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By Dipo Olowookere

One of the leading media and marketing communications consulting firms in Nigeria, BHM, has announced the appointment of two new Executive Directors, Femi Falodun and Moruff Adenekan to its Board of Directors.

The new board was strategically constituted in line with the company’s corporate governance structure and is expected to steer BHM in the right direction towards realizing its corporate mission and vision.

Femi Falodun is currently the Chief Digital Officer for BHM. Under his leadership, BHM launched its digital agency, ID Africa, which became profitable within two years, establishing itself as a force to reckon with in digital communication and creative content marketing on the African continent.

Reacting to his appointment, Femi said, “I feel deeply honoured to take on this new role at BHM. It is a fantastic opportunity to contribute more at a strategic level to the realisation of our corporate vision and mission. I eagerly look forward to working with the Board and excellent staff across different units to strengthen BHM’s standing as an industry leader.”

Femi has a B.Sc. in Biochemistry, an MBA, and post-graduate diploma in Marketing. Before joining BHM in 2014, he spent 6 years at Zenith Bank Plc, working in Operations, Marketing and Consumer Banking functions.

Adenekan who was just recently announced as the new General Manager/COO of BHM was before his appointment, Head of Operations at C&F Porter Novelli Lagos. Prior to C&F Porter Novelli, Adenekan had worked with Chain Reactions Nigeria, Medallion Consulting, Commstrat Associates and Campaign & Concept Advertising and serviced clients in sectors such as fast moving consumer goods, pharmaceuticals, telecommunications, media, utilities, government among many others.

In his comment, Moruff said: “I am excited to join the BHM Board; the company has done well for itself. The task ahead is to take the firm to the next stage of growth and development. I look forward to working with other members of the Board and creating a proactive, productive and energetic team.”

In a statement confirming the appointments, Founder and CEO, BHM, Ayeni Adekunle said, “We are confident that the new people coming on board will add great value to our Board of Directors and that BHM will benefit from their experience, insights, judgment and counsel”.

In addition to these board announcements, BHM has also announced the official appointment of two new business heads, Jide Taiwo and Philip Ugbah.

Jide Taiwo was appointed as the Executive Editor of the company’s internet media and entertainment division. Jide started his career as a freelance journalist in 2008 and became Editor for Bubbles Magazine where he was for three years.

Jide commented on his appointment saying, “I am honoured to be entrusted with the responsibility of leading NET and her other titles in consolidating on all the gains made in the last seven years of our existence. In the postmodern era in which we all live in now, the media’s role is more important than ever and the team and I are excited to be in the forefront of shaping Nigeria’s entertainment, news and lifestyle subcultures.”

Jide brings with him a strong storytelling background and will lead the media teams- including Newsroom, Nigerian Entertainment Today 234Star.com and others into the exciting future of media and content distribution.

Philip Ugbah was named Head Corporate and Financial Services of BHM. He joined BHM early 2015 and has since worked on some of Nigeria’s biggest brands, specializing in corporate and financial services.

In the last three years, Philip has successfully stabilized the corporate business unit of BHM, winning and running business in Nigeria and overseas.

Before joining BHM, Philip worked as a project management consultant, delivering projects in FMCG and downstream Oil and Gas servicing sectors.

A graduate of University of Benin, Philip has undergone various trainings in PR, Business Strategy, communication and general management including Project management. In his day-to-day, he will lead the team of experienced PR executives in the management of all corporate and financial services accounts within the agency’s portfolio.

Confirming this next step in his career, Philip expressed his excitement at the opportunities it holds, saying, “Being selected to lead a team of brilliant minds is indeed a great honour. I am excited at this next step in my career, I look forward to the challenges that come with the new position and the opportunities it avails me to learn and contribute at a strategic level to the business growth of clients as well as the attainment of the company’s goals”

Further commenting on these appointments, Ayeni said, “We are building our company for the next 50 years and as is reflected in our mission, we want to be the world’s most innovative media and marketing solutions organization using methods and techniques that were thought impossible and solutions that put people first. The focus on people is the cornerstone of this strategy. With the requisite investment in our people, we are structuring the company to achieve its mission and deliver value above and beyond the expectation of our clients.”

BHM is a media and marketing communications consulting company headquartered in Lagos, Nigeria. The company works with partners and customers from diverse market segments, the public, and hitherto uncultivated audiences to deliver the best possible results in a system that’s full of promises.

In the same vein, Nigerian Entertainment Today has confirmed the appointment of Njideka ‘Enjay’ Akabogu as the Editor of the fashion, ladies and lifestyle platform, 234Star.com.

She officially assumes her new role on September 4, 2017 and will be responsible for driving 234Star to achieve business goals and objectives as well as spearhead the development, communication and implementation of effective growth strategies and processes for the platform.

Having worked in different capacities in fashion and lifestyle journalism, Njideka will be bringing her skills, talent and experience to her new title at the NET News LTD-owned platform.

The Information Science graduate and fashion enthusiast reacted to her appointment saying, “Not to sound cliché, but being entrusted with this platform is a dream come true for me. For a girl who grew up buried in the pages of old fashion and lifestyle magazines, actually being called upon to head one is such a big deal and I look forward to working with the team to build a bold, fun and super chic platform that will feel like home to every Nigerian and indeed, African woman.”

Prior to her appointment, Miss Akabogu was a content and community manager at Lagos-based digital agency, ID Africa where she created content and worked on projects for clients including 7Up, Lagos State Government, MTV Base and Accelerate TV among others.

Before her eventful stint at ID Africa, she worked as an editor at OnoBello.com where she oversaw content creation and worked on very successful PR campaigns for a number of fashion brands.

234Star.com is a fun platform set up to connect the world with the best of African women, fashion, beauty, weddings, relationships, sex, food and lifestyle in general through stories, videos, photos and games that cut across different demographics and social strata.

234star.com was initially built as Star.Ng in July 2015 and officially in launched in August 12 2015.

It rebranded to 234star.com in June 2017 and currently has a database of nearly 20,000 users with 5,000 new users per month. On social media, the platform has a cumulative monthly  reach of over 700,000.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Jobs/Appointments

MultiChoice Nigeria Appoints Kemi Omotosho as CEO

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Kemi Omotosho multichoice

By Adedapo Adesanya

MultiChoice Nigeria has announced a change in its leadership, with Ms Kemi Omotosho emerging as the new chief executive, taking over from Mr John Ugbe, who is set to retire.

The company said the transition, effective this month, follows a structured succession process designed to ensure continuity in leadership and operations.

Mr Ugbe is stepping down after nearly 15 years in the role, a period during which MultiChoice Nigeria navigated shifts in consumer behaviour, technology and regulation within the pay-TV and broader media industry.

Last year, French group Canal+ took over the operations of the South-African broadcasting group and effected some changes management- and content-wise across key markets.

During his tenure, Mr Ugbe oversaw efforts to strengthen the company’s operational framework and position the business to respond to changing market conditions. MultiChoice described his exit as a planned retirement rather than a sudden departure.

Ms Omotosho joins the role with more than two decades of leadership experience spanning media, telecommunications and digital services across Nigeria and other Sub-Saharan African markets.

Within the MultiChoice Group, she has previously served as Executive Head of Customer Value Management in Nigeria and later as Group Executive Head of Customer Value Management for Rest of Africa, a role that involved oversight across more than 50 markets.

She most recently held the position of Regional Director for Southern Africa, where she had full profit and loss responsibility for operations covering seven countries. In her new role, Ms Omotosho will be responsible for overseeing MultiChoice Nigeria’s strategy, day-to-day operations and engagement with regulators, partners and other stakeholders.

Speaking on her appointment, Ms Omotosho said, “It is a privilege to be entrusted with the leadership of MultiChoice Nigeria at this important moment.

“Nigeria remains one of the Group’s most strategic and dynamic markets. I look forward to working with our teams and partners to deepen our relationship with consumers, champion local storytelling and the creative economy as well build a future-ready organisation that delivers sustainable value.”

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Adewale Arikawe Replaces Felix Nwabuko on Presco Board

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Adewale Arikawe

By Aduragbemi Omiyale

The board of Presco Plc has appointed Mr Adewale Arikawe as a non-executive director, replacing Mr Felix Nwabuko, retired from the position.

A statement from the organisation disclosed that the appointment of Arikawa took effect from Friday, January 2, 2026, until the next Annual General Meeting (AGM).

Also, he is now the chief executive of all SIAT subsidiaries, including Presco Plc, SIAT Nigeria Limited, and Ghana Oil Palm Development Company Limited.

In this capacity, Mr Arikawe will work alongside the existing leadership teams to strengthen execution, accelerate strategic growth, and foster a high-performance culture across the Group.

He is committed to empowering teams, enhancing leadership capability, and creating an enabling environment for continuous improvement and sustainable results.

Mr Arikawe brings over 26 years of leadership experience spanning across general management, commercial strategy, sales, customer development, and brand management. He has held senior leadership roles at Royal FrieslandCampina, overseeing operations across Sub-Saharan Africa, and at FrieslandCampina WAMCO Nigeria.

His career also includes senior leadership positions at Nestlé Nigeria Plc, where he managed multi-channel sales operations and contributed to key strategic growth initiatives.

He holds an MBA in Business Administration and Management from the University of Chichester and has completed executive education programmes at London Business School and IMD (International Institute for Management Development), Lausanne, Switzerland, with a focus on leadership, execution excellence, and business impact.

The board, in the statement, welcomed Mr Arikawe with open arms, looking “forward to his valuable contributions to the company and the wider SIAT Group.”

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First Holdco Non-Bank Subsidiaries Get New Board Members

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first holdco subsidiaries

By Adedapo Adesanya

First Holdco Plc, formerly FBN Holdings Plc, has announced new board appointments across its non-commercial banking subsidiaries as it commits to building stronger businesses across board.

The move, following regulatory approvals from the Securities and Exchange Commission (SEC) and the National Insurance Commission (NAICOM), is part of efforts to deepen governance, strengthen oversight and position the business for sustainable growth.

FBN Holdings Plc rebranded to First HoldCo Plc in February 2025 to reflect its broader financial services focus beyond just banking.

Its services includes commercial banking (First Bank of Nigeria), merchant banking, asset management (FBNQuest), insurance brokerage, and trusteeship. It operates across Africa and has global offices in London, Paris, and Beijing, serving individuals, small businesses, and corporations.

At First Asset Management Limited, Mrs Ebikabo Williams has been appointed chairman of the board, bringing her extensive industry knowledge spanning banking, capital markets, and consulting. She will be supported by equally experienced board members like Mr Usman Dantata Jr., Mrs Binta Max Gbinije, and Mrs Alero Mobola Adollo.

At FirstCap Limited, its investment management firm, Mrs Yewande Amusan has been appointed chairman. She is an accomplished finance professional with experience cutting across both public and private sectors. Mr Ahmed Indimi and Mrs Irene Akpofure were appointed along with Mrs Adenike Kuti and Mr Zeal Akaraiwe.

First Securities Brokers Limited, which recently emerged as the top performer in the Nigerian Exchange (NGX) Brokers Performance Report in terms of both trading volume and transaction value, has named Mr John Akpeki as chairman. He is expected to leverage his vast experience in global marketing and networking. He is joined by Mrs Omolara Adeyemi, ,Mrs Susan Younis and Mrs Kemi Andu-Alausa.

Similarly, First Trustees Limited, one of the Group’s long-standing subsidiaries in trust and estate management, has strengthened its governance structure with the appointment of Mr John Lee as its chairman. He has over 40 years’ experience in global financial services, specialising in Corporate & Institutional Banking and Wealth Management across Africa. The other members of the board who are bringing their combined rich wealth of experience are Mrs Abiola Alabi, Mrs Adebisi Sola-Adeyemi, and Mrs Ugochukwu Obi-Chukwu.

For its insurance business, First Insurance Brokers, the firm has appointed Mr Akinola Phillips as Chairman. He is joined by Mrs Ije Onejeme, Mrs Folukemi Akinmeji and Mrs Mojisola Cardozo.

First Holdco said these appointments are expected to further consolidate the firm’s position as a dominant player in the asset and wealth management space in Nigeria.

The chairman of First Holdco, Mr Femi Otedola, while commenting on the appointments, said, “We are delighted to welcome these distinguished professionals to the boards of our non-commercial banking subsidiaries. Their proven expertise, impeccable track records, and leadership will play a critical role in shaping the next phase of our growth, enhancing stakeholder value, and reinforcing our position as a trusted African leader delivering innovative solutions across diverse sectors.”

“These appointments reaffirm our commitment to building resilient businesses that contribute meaningfully to economic development in the broader ecosystem in which we operate,” he added.

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