Transcorp Hotels Appoints New Board Member

Image

By Adedapo Adesanya

Transcorp Hotels Plc has appointed Mr Alexander Adeyemi as a new member of its board of directors following the retirement of Dr Wandiga Bakari with effect on Monday, July 15, 2019.

In a statement released on Monday, it was stated that the retirement of Dr Bakari gave room for the appointment of Mr Adeyemi to the board as non-executive director on the company’s board.

Mr Adeyemi is currently serving as the Director, Revenue & Investment, Office of the Accountant-General of the Federation (OAGF). Prior to this, he also held various directorate positions in the Funds and the Consolidated Accounts Departments of OAGF.

The appointee is also a fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and Chartered Institute of Taxation of Nigeria (CITN) and a member of the Chartered Institute of Public Finance & Accountancy, London Certified Information System Auditor, (CISA) and the National Institute for Policy and Strategic Studies (NIPSS).

Mr Adeyemi holds a Bachelors’ degree in Accounting from Bayero University, Kano and an M.Sc. in Business Administration (MBA) from the Ahmadu Bello University, Zaria.

Share
Related Stories
Image
18-January-2024

Stanbic IBTC Fortifies Governance Structures for Value Delivery

By Aduragbemi Omiyale As part of its determination to enhance oversight and continually deliver value to stakeholders, Stanbic IBTC Holdings Plc has announced some appointments for its subsidiaries aimed at fortifying governance structures. According to the leading end-to-end financial services provider, the newly appointed board members are distinguished professionals with an impressive wealth of experiences spanning various facets of the financial industry, including banking, asset management, stockbroking, and fintech. The firm said the move, marked by the receipt of requisite regulatory approvals, reflected its commitment to maintaining robust oversight and delivering top-notch financial services to its clientele. A statement from

Image
06-February-2024

Bosun Tijani Appointed to ITU Digital Innovation Board

By Adedapo Adesanya The Minister of Communications, Innovation, and Digital Economy, Mr Bosun Tijani, has been appointed as a member of the Digital Innovation Board of the Innovation and Entrepreneurship Alliance for Digital Development by the International Telecommunications Union (ITU). ITU is the United Nations specialized agency for information and communication technologies (ICTs). Founded in 1865, the Geneva-headquartered agency facilitates international connectivity in communications networks. According to the ITU, the Digital Innovation Board was established to provide strategic guidance, expertise, and advocacy regarding its mission of building critical local enablers and fostering innovation and entrepreneurship in digital development, to create

Image
01-February-2024

Otedola Takes Over as FBN Holdings Chairman

By Dipo Olowookere Prominent Nigerian businessman, Mr Femi Otedola, has been appointed as the chairman of FBN Holdings Plc, the parent company of First Bank Nigeria Limited, a foremost lender in the country. He was picked for the position at the meeting of the board of the organisation held on Wednesday, January 31, 2024. He is taking over the post from Mr Ahmad Abdullahi, after he joined the board in August 2023 as a non-executive director. Mr Otedola, who has been described as a visionary entrepreneur, is also the chairman of Geregu Power Plc, a company also listed on the

More Stories
Image
18-September-2023

Flutterwave Hires 85% of Graduate Trainees as Full-Time Employees

By Modupe Gbadeyanka About 170 of the 200 graduate trainees of Flutterwave (85 per cent) have been absorbed into the organisation as full-time employees after the completion of their programme. The leading payments technology firm in August 2022 launched its Graduate Trainee (GT) scheme to nurture young talents seeking clear career growth opportunities in technology. Some days ago, a graduation ceremony was held in Lagos to celebrate the end of the rigorous 12-month-long paid traineeship scheme. The participants were put through technical and soft skills and practical experiences. “We are excited that our aim of giving 200 extremely bright young

Image
17-December-2018

Unity Bank Wins CBN Award on ‘Sustainable Transaction in Agric’

By Modupe Gbadeyanka Unity Bank Plc has won the Central Bank of Nigeria (CBN) 2018 sustainable banking award, clenching the award for ‘Sustainable Transaction of the Year in Agriculture’. The bank won the coveted award for its compliance with the Sustainable Banking Principles as it relates to the management of Environmental and Social Risk set out by the CBN for adoption by Nigerian Banks, Discount Houses and Development Banks. While presenting the award to Unity Bank at the just concluded Bankers’ Committee held in Lagos, the apex bank commended the efforts of the lender in promoting the Anchor Borrowers Program

Image
13-April-2022

Oil Market Jumps 6% on OPEC Warning to EU Over Russia

By Adedapo Adesanya A warning given to the European Union (EU) by the Organisation of the Petroleum Exporting Countries (OPEC) concerning the possibility of replacing Russian crude supplies caused the oil market to rise by 6 per cent on Tuesday. The oil cabal said it would be impossible to replace potential supply losses from Russia and this sent a signal to investors as the Brent crude went up by 6.26 per cent or $6.16 to $104.60 per barrel, while the United States West Texas Intermediate (WTI) crude rose by 44 cents or 0.44 per cent to $101.00 per barrel. According

Image
20-July-2023

Alimosho NYSC Charity Group Donates to Finger of God Orphanage

By Adedapo Adesanya Members of the National Youth Service Corps (NYSC) comprising the 2022 Batch C and 2023 Batch A, under the Charity Community Development Service (CDS) group in Alimosho Local Government on Thursday, July 20, put smiles on the faces of children of the Finger of God Orphanage in Ikotun, Lagos. The corp members, undergoing their mandatory one-year-long service to their fatherland, reached out to the kids as part of their efforts to have a positive impact on their community of service. Donated items included packs of spaghetti, noodles, tubers of yams, condiments, and vegetable oil, among others. Speaking

Image
01-October-2021

Buhari Orders Conditional Lifting of Twitter Ban

By Dipo Olowookere President Muhammadu Buhari has directed the conditional lifting of the ban placed on Twitter, a micro-blogging platform, on June 4, 2021, by the Minister of Information and Culture, Mr Lai Mohammed. In his nationwide broadcast on Friday on October 1 to mark Nigeria’s 61st Independence Day, Mr Buhari said the embargo can be removed on the condition that Twitter adheres to some rules, including allowing citizens to use the platform purely for “business and positive engagements.” On June 4, Mr Mohammed announced the suspension of Twitter operations in Nigeria after the platform deleted a post of Mr

Image
20-April-2017

El-Rufai Wants Tinubu’s Downfall—Shehu Sani

By Dipo Olowookere Chairman of the Senate Committee on Local and Foreign Debts, Mr Shehu Sani, has described Governor of Kaduna State, Mr Nasir El-Rufai, as someone who does not like National Leader of the All Progressives Congress (APC), Mr Bola Ahmed Tinubu, but pretends to. Mr Sani was reacting to comments made by the Governor belittling contributions of the former Lagos State Governor and the Southwest to the victory of the ruling party in the 2015 polls, where the party ousted the Peoples Democratic Party (PDP). The lawmaker, in a statement made available to the Nation, advised Mr El-Rufai

Image
18-September-2017

Osinbajo Tasks Military to Partner Private Sector on Research, Innovation

By Modupe Gbadeyanka Vice President, Mr Yemi Osinbajo, has advised the Nigerian Armed Forces to partner with the private sector on research and innovation. Mr Osinbajo gave this charge at the weekend during the combined passing out parade for cadets of 64 Regular Course (Army, Navy, Air Force) 65 Regular Course (Navy and Air Force) and Short Service Course 44 (Army) where he represented President Muhammadu Buhari. The Vice President said crimes in the world have taken new turns and security operatives have to always be a step ahead of criminals, especially terrorists. He said last week’s bombing in a

Image
04-September-2019

Asian Equities Rise on Encouraging Chinese Data

By Investors Hub Asian stocks ended mostly higher on Wednesday as investors cheered encouraging data from China as well as news that Hong Kong leader Carrie Lam will officially withdraw a controversial extradition bill that triggered months of unrest. Investors kept a close eye on international trade developments after U.S. President Donald Trump warned he would be “tougher” on Beijing if negotiations extended beyond the 2020 U.S. presidential election and he is re-elected. Chinese shares rose sharply after a report showed growth in China’s service sector accelerated in August despite broader economic headwinds. The benchmark Shanghai Composite Index climbed 27.26

Ad
Ad
Recent Stories
Image
23-February-2024

Applications Open for AIG Public Leaders Programme

By Aduragbemi Omiyale Eligible African public servants have been urged to submit their applications for the AIG Public Leaders Programme Cohort 4 before Tuesday, April 30, 2024. This call for entries was made by Aig-Imoukhuede Foundation and the applications are to be filed through www.aigimoukhuedefoundation.org/leaders-programme, a statement disclosed. Applicants must be working in the public sector in Africa, with a minimum of seven years of active service, at grade levels 12-17, and aged between 35-50 years at the time of application. The AIG Public Leaders Programme is tailored for senior public leaders and delivered in partnership with the Blavatnik School

Image
23-February-2024

Okpe Leaders Want Completion of Sapele Polytechnic, University in Orerokpe

By Henry Ovie The Delta State Governor, Mr Sheriff Oborevwori, has been tasked to make efforts to complete the Sapele Polytechnic, which was started by the administration of Mr Emmanuel Uduaghan. This call was made by some prominent leaders from the Okpe kingdom, who said the completion of the school and the establishment of a university in Orerokpe would assuage, “to some extent,” the people of the areas, who they said have been “historically neglected.” On Thursday, the leaders held a crucial meeting of the National Executive Council (NEC) of the Okpe Union worldwide. They commended Mr Oborevwori for responding

Image
23-February-2024

HabariPay Take-on-Squad Hackathon 1.0 Produces Three Winners

By Modupe Gbadeyanka Three winners have emerged in the inaugural Take-on-Squad Hackathon 1.0 coding event organised by HabariPay Limited after intense collaboration, innovation, and problem-solving at the GTCO Training Complex, Tayo’s Plaza, Abeokuta, Ogun State, from January 18 to 20, 2024. Business Post reports that the three winning teams are Team Within, Team X, and Team Storepoint. Each team was selected based on real-world applicability, technical creativity, user experience, and teamwork. Team Storepoint, represented by Haruna Faruk and Ladipo Samuel from the University of Lagos, secured third position and a prize of N1 million. Their winning solution, Storepoint, facilitates quick

Image
23-February-2024

Group Mourns OAU’s Veterinary Technologist Olabode Olawuyi

By Modupe Gbadeyanka The Nigeria Biodiversity Conservation Alliance (NBCA) has expressed sadness over the death of the Veterinary Technologist of the Obafemi Awolowo University, Ile-Ife, Osun State, Mr Olabode Olawuyi, a few days ago. Mr Olawuyi was fatally mauled by a lion at the Zoological Garden of the institution. In a statement signed by the National President of the Nigerian Association of Zoological Gardens and Wildlife Parks (NAZAP), Mr Dipo Bali, the group said the deceased was a man who was dedicated to his job and the organisations he belonged to in his lifetime. Mr Olawuyi, apart from being a

Image
23-February-2024

NUPENG Seeks EFCC Support to Tackle Illegal Oil Bunkering

By Adedapo Adesanya Following its fight against foreign exchange speculators and hoarders, the National Union of Petroleum and Natural Gas Workers (NUPENG) has sought the collaboration of the Economic and Financial Crimes Commission (EFCC) in the fight against illegal oil bunkering in the country. The collaboration was sought when the National President of NUPENG, Mr Williams Akporeha, led members of his executive council to the corporate headquarters of the anti-graft agency on a courtesy visit. Mr Akporeha mentioned the challenges involved in the movement of petroleum products across the country and appealed to the EFCC to always come to the

Image
23-February-2024

SON Launches Facility to Test Quality of Generators, Transformers

By Adedapo Adesanya The Standards Organisation of Nigeria (SON) has inaugurated a facility to test generators and power transformers sold in the Nigerian electricity market. Speaking at the inauguration of SON Mobile Generators Testing Laboratory and Mobile Transformer Equipment on Thursday, the Director-General of the agency, Mr Ifeanyi Okeke, said it was no longer business as usual for assemblers and importers of these products. He said it was important for these products to meet the quality benchmarks, stressing that buyers must have value for their money. According to him, all information supplied on generators and transformers will be verified and

Image
23-February-2024

Port Harcourt Refinery to be Fully Operational Soon—FG

By Adedapo Adesanya  The federal government has disclosed that the Port Harcourt Refinery should become operational very soon as it has attained 80 per cent completion. The Minister of State for Labour and Employment, Mrs Nkeiruka Onyejeocha, during a tour of the facility, disclosed that the refinery would produce two million litres of Premium Motor Spirit, otherwise known as petrol, and 2.2 million litres of diesel per day upon resuming operations. In a statement by the Director of Press and Public Relations in the Federal Ministry, Mr Olajide Oshundun, it was further stated that the old plant should produce 54,000

Image
23-February-2024

Nigeria Moves to Crash Cooking Gas Price

 By Adedapo Adesanya Nigeria is considering taking a major step aimed at crashing the price of Liquefied Petroleum Gas (LPG), also known as cooking gas, to ease the sufferings of its citizens. The Minister of State Petroleum Resources (Gas), Mr Ekperikpe Ekpo, speaking at the opening of its Internal Stakeholders’ Workshop on Thursday in Abuja, disclosed that the government would most likely ban the exportation of the commodity to keep the price lower than its current level. Currently, prices range between N1,300 per kg to N1,400 per kg. “All LPG produced within the country will have to be domesticated and

Image
23-February-2024

How MultiChoice Empowers Nigerian Youth Through Creative Investment

As global populations age, Africa remains a bastion of youthful promise, with around 70% of the continent’s population below the age of 30. This youthful demographic can be an asset – but only if it is developed, by empowering young people through training, and by giving them a stake in the growth of their countries’ economies. Helping to develop young people’s abilities and expanding the pool of skills is also in the interests of industry and big business. Over the years, the Federal government of Nigeria embarked on youth empowerment initiatives to harness the skills and energy of Nigerian youths

Image
23-February-2024

Eva Adelaja Girls’ At 60: Old Students Donate to Orphanage, Thrill Students

By Adedapo Adesanya It has been an eventful celebration at the ongoing 6oth Anniversary of Eva Adelaja Girls’ Secondary Grammar School, Bariga, Lagos. The event was planned to celebrate the institution established by the late educator, Mrs Evangeline Adebayo Adelaja, in 1964. Particular resplendent in this celebration are the alumni of the school, the Eva Adelaja Girls’ Secondary Grammar School Old Girls’ Association, which have been on the ground to ensure that the planned activities go smoothly. The event, which kicked off with the Praise Day and Community Hymn Singing held at Chapel of Christ the Light in Alausa, Ikeja,