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Adesola Adeduntan: Banker with Midas Touch Gets Global Recognition

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First Bank of Nigeria Limited has under its Chief Executive Officer, Dr. Adesola Adeduntan positioned the brand as a clear leader in promoting financial inclusion in Nigeria. The bank has continually reached the underbanked and un-banked population to reduce poverty, bolster economic growth and development of Nigeria. These milestones have earned Adeduntan the 2019 Cranfield University Distinguished Alumnus of the Year Award. The Award is the School’s highest honour and recognises his significant success within the banking industry and sector while upholding the highest standards in business practice.
The 21st century has been remarkable in many aspects. It witnessed the rise of a global economy and increase in power of private enterprise that gives individuals power to run businesses successfully.
It is a century where visionary men dared, achieved and moved longstanding businesses to enviable heights. These private sector leaders succeeded where others feared to try.
Dr. Adesola Adeduntan, the Chief Executive Officer of First Bank of Nigeria Limited and Subsidiaries is one of such leaders.
Adeduntan who took the role to run one of Nigeria’s biggest Tier-1 bank since January 1, 2016 has kept in on a path of sustainable growth and contributions to the nation’s domestic economy.
Prior to his appointment, he was an Executive Director and Chief Financial Officer for the Bank since 2014 when he was appointed to the Board of the Bank. Before joining FirstBank in 2014, Adeduntan was a Director and the pioneer Chief Financial Officer/Business Manager of Africa Finance Corporation (AFC).
He has served as a Senior Vice-President & Chief Financial Officer at Citibank Nigeria Limited, a Senior Manager in the Financial Services Group of KPMG Professional Services and a Manager at Arthur Andersen Nigeria, among other exciting career paths.
The bank chief with several years of banking experience has contributed immensely to sustaining FirstBank’s position as a leading Tier-1 bank in the Nigerian financial services space.
Adeduntan is the recipient of the 2019 Cranfield University Distinguished Alumnus of the Year Award, United Kingdom. The Award is the School’s highest honour and recognises those individuals who have achieved significant success within their industry and sector while upholding the highest standards in business practise.
The astute banker has carved a niche for himself by positioning the FirstBank brand as a clear leader in promoting financial inclusion in Nigeria given the significant strides the bank has made in reaching the underbanked and un-banked population designed to reduce poverty and importantly bolster economic growth and development of Nigeria.
As a global thought leader, Adeduntan is well-sought after and has shared his experience and expertise at notable events across the world espousing and even envisioning financial inclusion in the next 125 years.
These events include the 2019 Ethical Finance Conference in the UK which had in attendance over 500 leading finance practitioners from all over the world including with Sarah Breeden, Bank of England; Dame Susan Rice, Banking Standards Board; Gary Gillespie, Chief Economist, Scottish Government; a keynote speaker at 2019 University of Edinburgh Sustainable Business in Africa Forum; The Africa CEO Forum 2018, Abidjan; the London School of Economics and Political Science (LSE) Annual State of Nigeria Conference as well as 2019 LSE Africa Summit.
Adeduntan has won other laurels due to his sustained professional achievements; significant economic and social impact; leadership qualities as well as a role model. These include the 2018 African Banker of the Year in African Leadership Magazine Persons of the Year Award in South Africa.
Analysts believe that the award of the 2019 Cranfield University Distinguished Alumnus of the Year Award, United Kingdom to Adeduntan was in recognition of key milestones the bank has achieved under his leadership.
Agent Banking Milestones
First Bank has under Adeduntan expressed its commitment to continue to drive financial inclusion through its over 37,000 Firstmonie Agent Network present in 99 per cent of the 774 local government areas and has processed over N2 trillion through the initiative.
FirstBank’s Firstmonie service provides financial/banking solutions to rural and semi-urban locations across the country. Such solutions include account opening, cash deposit, cash withdrawals, airtime purchase, bill payments and much more. Through this channel, the bank is committed to providing convenient services that engender and provides ease of access to banking products, thereby saving time and travel costs for users of the network.
While speaking at the Firstmonie Agent Banking National Award ceremony, held in Lagos, Adeduntan said the firstmonie agent network is a channel through which the bank expresses its unalloyed commitment and passion to promote opportunities of financial services for every Nigerian , especially within the low-income segment.
He said: “The initiative has witnessed several changes in the operating structure and value proposition of FirstBank. In December 2017, the bank ran a pilot test with over 400,000 transactions processed and following the success of the first run, it re-launched in 2018.”
According to Adeduntan, through Firstmonie, the bank has remained at the forefront of driving nation-wide inclusion, given our belief that access to financial services is part of lifting people out of poverty and fostering collective national economic development.
Adeduntan said: “The key strengthen of the bank’s services is to look at the gaps in the society and develop products and services that address the gap. As an integral part of our strategy, we believe in working with the CBN to improve financial inclusion index of the country. We would, at FirstBank, assist Nigeria to address poverty and hunger, thereby promoting security of life and property. Because when people are gainfully employed, the implication is that they will think less of crime,” he said.
Banking with Technology
Banking and technology are becoming inseparable. FirstBank under Adeduntan is driving growth and customer services with technology. The 2019 Financial Technology (Fintech) Summit organised by the bank was an opportunity for the bank to emphasise the need for technology in e-business, digital offering, agent banking, wholesale/ transaction banking, retail/consumer lending and Small and Medium Enterprises (SMEs) productivity.
He noted that as a Tier-1 lender, which celebrated its 125th anniversary last March, the bank had been able to maintain its leadership position in the industry by leveraging technology to offer innovative solutions through its product offerings.
According to him, the theme of the summit, “Banking + Tech = Solving Real Problems,” reflects the reality that technology can be applied to add value in all spheres of life. He pointed out that despite the remarkable progress recorded by Nigerian banks through the use technology, there is still a lot to be done in that regard.
Adeduntan said FirstBank remained committed to putting its customers first with excellent financial services and devising new ways of effectively meeting customers’ financial needs.
“Customer experience and innovation are key in our approach to satisfying our customers. As a leading banking services solutions provider, FirstBank has continued to set the pace in the financial services industry, coming up with new initiatives to provide financial products and services with greater speed, accountability and efficiency. Evidently, Financial technology is causing positive disruption in the financial services industry. The impact of technology in lifestyle business and other areas of today’s customer is huge. We are therefore following global trends in collaborating with Fintechs and other big technology companies on several transformational initiatives to be able to satisfy our customers’ needs,” Adeduntan stated.
Cash-less banking milestones/ Youth Empowerment
FirstBank is also under the current leadership, taking advantage of the opportunities created by cash-less banking to innovate and give value to customers. The bank has introduced the Visa Multi Currency Card, an All-in One-Card and first of its kind to be offered by any financial institution in Nigeria. This card can be linked to four currencies: Naira, United States dollar, Euro and British Pounds Sterling accounts.
With the Visa Multi-Currency card, FirstBank customers – within and outside Nigeria – can now enjoy the luxury of having their local and foreign denominated accounts in any currency, linked to a single debit card. The Visa Multi-Currency Card is designed to ease the daily cashless transactional needs of customers regardless of where they are across the world.
The bank is also taking its financial inclusion and youth empowerment drives to institutions of higher learning, targeting the students in financial institutions in its XploreFirst Savings Account campaign.
In alignment with its financial inclusion drive, FirstBank has completed a campaign for rewarding its youth segment customers for using their FirstBank’s XploreFirst Savings accounts and encouraging healthy savings. The promo, which kicked off last October 1 ended on March 30, this year.
XploreFirst account was designed for students between 18 and 29. A minimum amount of N1,000 is required to open the account and account holders are to maintain a balance of N200.
FirstBank recognises the impact of a healthy savings culture in promoting financial inclusion among individuals, especially the youth. And with the saying, the youth are the leaders of tomorrow, we believe that with XploreFirst account, the youth are well positioned to take the lead in their financial activities through the exciting benefits the account offers.
Industry Position
Adeduntan said despite the regulatory headwinds and business shocks, FirstBank’s fundamentals have remained very strong with the group’s asset quality.
He said the bank has under his leadership, focused on loan and remedial management, voluntary reduction of Single Obligor Limit (SOL) and increased board oversight by significantly raising the bars of credit approvals through the Board Credit Committee to remain viable despite the daunting business environment.
Adeduntan said the lender has over the years built an enduring brand that is immediately recognisable as dynamic, dependable, lasting and innovative.
“And we have completed millions of transactions, received billions of deposits and given out trillions of loans and advances- that’s what makes us a bank. But it’s the smiles, the laughs, the handshakes and the spontaneous hugs from the satisfied customers that keep us going and make us part of the community we serve and a member of the world we live in,” he stated in a statement to mark the bank’s 125 years of operation.
Adeduntan said: “Our heritage as the nation’s foremost and largest developmental financial institution is apparent in the Group’s contributions to economic growth and development. Our developmental philosophy is reflected in our business policy and is self-evident in the composition of our loan book as diversified in the nation’s major economic development sectors. These include agriculture, manufacturing, oil & gas, services and public sector, among others.
“As a firm believer in the brand Nigeria and a pioneer in national development, we took a patriotic bet on the country in 2015, consistent with our century-long commitment to nation building as a fundamental pillar of sustainable business development. As at the time we took the measured risks, in line with business realities, it was universally acknowledged as bold business moves as well as a private institution’s obligation to support focused national development.”

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TO MY BROTHER BOBBY DEE

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AHMAD GUMI: CLERIC OF BLOOD, FACE OF HATE 

TO MY BROTHER BOBBY DEE by Chief Femi Fani-Kayode 

 

 

For my brother Bobby Dee (Chief Dele Momodu) to compare President Tinubu to General Sani Abacha and claim that he is a dictator suggests that he is suffering from a degenerating and worrisome level of cognitive dissonance.

 

 

I love Dele and God knows I have immense respect for him but he sounded drained, tired and broken and spoke little sense yesterday in his interview with Seun Okinbaloye of Channels TV.

 

 

May I humbly suggest to him to try and take a break from politics and political commentary for a while, get his breath back and attempt to overhaul his intellectual engine?

 

 

 

Not only was he uncharitable and disrespectful to the President, the Vice President, the Ministers, the Senators and the newly-appointed Ambassadors, many of whom have far more experience than him in governance and Government, on that programme but he also insulted the collective intelligence of the Nigerian people.

 

 

He and his associates in the ADC should focus more on trying to build up their depleted ranks and form a strong opposition that we can look forward to engaging in the field of battle for the 2027 election rather than continously obsesse and talk about what our President and our party is doing.

 

 

 

The ADC cannot even be described as a sinking ship but rather as a badly patched up inflatable plastic life boat that has not even managed to find its bearing or leave the harbour.

 

 

 

It has no engine, no sails, no oars, no captain, no crew, no navigational equipment, no muscle, no firepower, no war chest, no destination and worse of all it is made of rubber and not steel.

 

 

How can such an ill-prepared contraption even float let alone do battle?

 

 

It cannot possibly survive the rough seas and harsh winds of Nigerian politics because it lacks gravitas, focus, character, intelligence, discipline and strength.

 

 

 

 

 

It needs to be built up, better schooled, better trained, better equipped, better educated and better prepared before it can enter the field and before we can even begin to regard it as an opposition party.

 

 

 

Right now it can only be described as a haven and pitiful gathering of vacuous, shallow, intellectual frauds and political renegades who lack foresight and who have no direction.

 

 

 

The fact that they have failed to take off is not Tinubu’s fault, it is theirs.

 

 

 

The fact that political leaders and the Nigerian people are flocking to APC in droves is not only because our President and Vice President are doing well but also because they view the ADC as nothing but a collection of disingenious, desperate and recycled political losers, who are addicted to power, who offer no credible alternative to governance and who, like the three blind mice, are running around in circles, chasing each other’s long, mangy and wrinkled tails with no where to go.

 

 

Watching my brother Dele trying to speak for them is pitiful and is even more disconcerting than his assertion that Tinubu will regret his decisions and will be deserted by everyone around him.

 

 

The Bible says “who is he that sayeth a thing and it cometh to pass when the Lord God of Hosts has commanded it not?”

 

 

Dele should listen to the Holy Spirit instead of to the pagan murmurings, strange whispers, demonic divinations and conjuring projections of the Prophets of Baal and the Witch of Endor.

 

 

 

To be sure Tinubu started well, he is doing well and he will, by the grace of God, end well with no regrets in 2031.

 

 

Anything short of that is the counsel of the ungodly and the manifestation and delusions of a diseased and demonised mind.

 

 

I appeal to my brother Dele: leave the ranks of the forces of darkness and join us.

 

 

You are far too good for the company you are keep.

 

 

Your presence in the ranks of the ADC is like that of a gentle, beautiful, well bred, well fed and well manicured flamingo trapped in a sea of ugly, cruel, loud, angry, starving, cackling and relentless crows and vultures.

 

 

It does not befit you.

 

 

 

 

(Chief Femi Fani-Kayode, the author of this essay) is an Ambassador Designate of the Federal Republic of Nigeria, a former Minister of Aviation, a former Minister of Culture and Tourism, the Sadaukin Shinkafi, the Wakilin Doka Potiskum, the Otunba of Joga Orile, the Aare Ajagunle of Otun Ekiti and a Legal Practioner)

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Media Respect and Celebrity Responsibility: Lessons from Tiwa Savage Foundation Launch Controversy

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Media Respect and Celebrity Responsibility: Lessons from Tiwa Savage Foundation Launch Controversy By George Omagbemi Sylvester

Media Respect and Celebrity Responsibility: Lessons from Tiwa Savage Foundation Launch Controversy

By George Omagbemi Sylvester

 

“Apology from Tiwa Savage’s Team Sparks Debate on Media Treatment, Professional Ethics, and the Role of Journalists in Promoting Cultural and Philanthropic Initiatives.”

 

Nigerian music icon Tiwa Savage and her management team have issued a formal apology to journalists following allegations of mistreatment during the launch of the Tiwa Savage Music Foundation in Lagos. The controversy, which quickly sparked debate across the media landscape, has raised broader questions about celebrity culture, media ethics, and the professional respect owed to journalists covering high-profile events.

The apology was conveyed through Savage’s manager, Vanessa Amadi-Ogbonna, alongside representatives of the public relations firm Fola PR and management of The Delborough Lagos, the venue where the event took place. According to reports, the foundation launch was held on March 9, 2026, at Victoria Island in Lagos, Nigeria’s commercial capital.

Several journalists invited to cover the event complained that they were delayed for hours at the entrance of the venue, asked to wait under uncomfortable conditions, and allegedly instructed to wear branded polo shirts before being allowed entry. Many media professionals described the treatment as humiliating and disrespectful to the role of the press in promoting public events.

Following public criticism, representatives of Savage’s team clarified that the singer neither authorised nor condoned the alleged treatment. They expressed regret over the incident and promised improved coordination with journalists in future engagements.

The controversy has reignited conversations about the delicate relationship between celebrities and the media. Scholars in media and communication studies argue that the press plays a vital role in shaping public narratives and promoting cultural activities, including entertainment and philanthropy.

Renowned media scholar Denis McQuail once observed that “the media serve as the central arena where social and cultural life is debated, interpreted, and understood.” In this context, journalists covering events such as the launch of a charitable foundation are not merely observers but important partners in amplifying the message and purpose of such initiatives.

Similarly, Nigerian communication scholar Ralph Akinfeleye has repeatedly emphasised the importance of professional respect for journalists. According to him, “the media are not beggars of access; they are stakeholders in the democratic and cultural process.” His argument highlights the fact that journalists provide visibility and legitimacy to events, especially those tied to public figures and philanthropic causes.

 

Media Respect and Celebrity Responsibility: Lessons from Tiwa Savage Foundation Launch Controversy
By George Omagbemi Sylvester

The Tiwa Savage Music Foundation was launched with the stated aim of empowering young talents in the music industry through mentorship, education, and professional opportunities. Many observers believe the initiative could play a significant role in nurturing emerging artists across Nigeria and the African continent.

However, communication experts stress that the success of such initiatives often depends on strong relationships with the media. American communication scholar Marshall McLuhan famously noted that “the medium is the message,” suggesting that the way information is delivered can influence how the public perceives the message itself.

In the case of the foundation launch, critics argue that the controversy surrounding the treatment of journalists briefly overshadowed the noble objectives of the project. Instead of focusing on the foundation’s mission, public discourse shifted toward questions of respect, professionalism, and media relations.

Public relations specialists also view the episode as a lesson in event management and stakeholder engagement. Effective public relations practice requires careful coordination between organisers, venue managers, and media representatives to ensure that invited journalists are treated with dignity and professionalism.

Despite the controversy, many journalists welcomed the apology and expressed hope that it would strengthen future collaboration between the entertainment industry and the press. In Nigeria’s vibrant media ecosystem, such partnerships remain essential for promoting cultural initiatives and amplifying stories that inspire the next generation of creatives.

Ultimately, the incident surrounding the Tiwa Savage Music Foundation launch serves as a reminder that respect for the media is not merely a matter of courtesy but a cornerstone of responsible public engagement. As scholars and industry observers continue to emphasise, the relationship between celebrities and journalists must be built on mutual respect, professionalism, and shared commitment to informing and inspiring the public.

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Apostolic Ascension 95: Prophet Hezekiah Oladeji to Host Historic Gathering at Babalola Prayer Mountain

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Apostolic Ascension 95: Prophet Hezekiah Oladeji to Host Historic Gathering at Babalola Prayer Mountain By Femi Oyewale

Apostolic Ascension 95: Prophet Hezekiah Oladeji to Host Historic Gathering at Babalola Prayer Mountain

By Femi Oyewale

Thousands of worshippers, ministers, and revival seekers are expected to converge on the historic Apostle Joseph Ayo Babalola Prayer Mountain in Efon-Alaaye, Ekiti State, as the Christ Apostolic Church (CAC) prepares for the 95th edition of the annual Apostolic Ascension.
The spiritual gathering, scheduled to hold from March 16 to March 20, 2026, is themed “Our Sure Inheritance As It Was Given To Our Fathers.” The event commemorates the legacy of the renowned revivalist, Joseph Ayo Babalola, whose ministry ignited one of the most remarkable Christian revivals in Nigeria’s history.
At the center of this year’s gathering is the host, Hezekiah Oluboye Oladeji, the fifth General Evangelist of Christ Apostolic Church. Widely known for his deep prophetic insight and fervent prayer ministry, Oladeji is expected to lead believers into a season of intense spiritual encounters at the sacred mountain.
Born on February 13, 1967, in Osun State, Oladeji joined the church in 1983 after what he describes as a miraculous healing experience that marked the turning point of his life. Since then, he has dedicated his ministry to prayer, deliverance, and revival, becoming widely respected as a “prophet of prophets” within the Pentecostal movement.
Apostolic Ascension 95: Prophet Hezekiah Oladeji to Host Historic Gathering at Babalola Prayer Mountain

By Femi Oyewale
His ministry is known for extended prayer sessions, prophetic declarations, and teachings centered on holiness, divine intervention, and freedom from spiritual bondage. Over the years, he has shared several testimonies of supernatural encounters experienced at the revered prayer mountain founded through the ministry of Joseph Ayo Babalola.
Church leaders say the Apostolic Ascension remains one of the most spiritually significant gatherings in the CAC calendar, drawing believers from across Nigeria and abroad.
Also expected to minister during the five-day revival are prominent ministers including Prophet Ayo Daniel, Prophet M.O. Adio, and Prophet Timothy Olatunbosun Igbalajobi, who will join Oladeji in leading sessions of prayer, worship, and prophetic ministration.
The President of the church, Samuel Oladele, is also expected to grace the event as believers gather to reflect on the spiritual heritage passed down by the fathers of the faith.
Organisers say the gathering will feature morning, afternoon, evening, and night prayer sessions, aimed at rekindling revival and reconnecting believers to the covenant heritage of the church.
“This is not just another conference,” organisers said. “It is a return to the altar of the fathers, where the covenant continues to reproduce itself.”
Believers have been urged to attend the revival at Apostle Joseph Ayo Babalola First Prayer Mountain, Efon-Alaaye, Ekiti State, to seek divine encounter and spiritual renewal.
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