Business
Chiemeka’s appointment as NGX CEO will deepen market growth – Professional Group
Chiemeka’s appointment as NGX CEO will deepen market growth – Professional Group
The appointment of Jude Chiemeka as the Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX) has continued to generate widespread acclaim from industry professionals, who believe his extensive experience and proven leadership qualities will drive NGX towards sustained success.
Chiemeka, a seasoned executive with a robust background in finance and management, brings over 30 years of professional experience in securities trading, asset management, and investment banking across African markets. He joined the Nigerian Stock Exchange as the Divisional Head of Trading Business in February 2019 and became the Divisional Head of Capital Markets in 2021. Before his current position, he was the Executive Director of Capital Markets at NGX.
As Chiemeka steps into his new role, the Securities and Investment Empowerment Network (SIEN), a prominent professional group in the finance sector, has described his appointment as a transformative force capable of deepening growth and further enhancing confidence in the market.
The group in a statement signed by its President, Dr. Albert Ogunseyinde, said Chiemeka’s extensive experience provides him with a deep understanding of the complexities of the financial markets and the strategic vision needed to navigate them.
“Chiemeka’s appointment as CEO of NGX is a testament to his exceptional leadership abilities and extensive industry experience,” said Ogunseyinde. “His deep understanding of the financial markets, coupled with his strategic acumen, makes him the ideal person to lead NGX into a new era of growth and innovation.
“His amiable leadership style, characterized by a commitment to excellence and a focus on stakeholder engagement, has earned him a reputation as a transformative leader. His previous roles have demonstrated his ability to drive organizational change, enhance operational efficiency, and foster a culture of transparency, accountability and empathy.”
Before joining the Exchange, Chiemeka worked at United Capital Securities Limited, a subsidiary of United Capital Plc. As the Managing Director/Chief Executive Officer, he led significant initiatives such as the first cross-border trading under the West African Capital Market Integration initiative. He was also instrumental in strategy, market penetration, product development, and client management. Notably, he spearheaded the issuance and listing of the first Eurobonds Mutual Fund ($10M) on the Nigerian Exchange Limited and launched the Wealth for Women Mutual Fund, the first gender-focused mutual fund listed on the Exchange.
Before his tenure at United Capital Plc, Chiemeka served as the CEO/MD of Chapel Hill Denham Securities. In this role, he was responsible for strategy, leadership, product development, and customer relationship management. Under his leadership, the firm ranked among the top 10 brokerage firms, accounting for over 70% of market trades with a 4% market share. Before that, he was the CEO/MD of RenCap Securities (Nigeria) Limited, a subsidiary of Renaissance Capital Plc, where he handled customer relationship management, trading, management reports, budgets, and client acquisition.
In 2008, he was the Head of Securities Trading at Afrinvest West Africa Ltd, managing fixed-income and equities transactions across African markets for international and domestic institutional clients. He participated in several landmark transactions, including the first Global Depository Receipts (GDR) transaction on the Nigerian Stock Exchange, Nigerian International Debt Fund, and Reverse GDR trades. His career began in 1994 at Dominion Trust Limited.
SIEN said with Chiemeka’s boisterous resume, NGX is expected to undergo significant advancements under his leadership. The group said industry experts anticipate that his strategic initiatives will focus on leveraging technology to enhance trading processes, improving market accessibility, and fostering investor confidence.
Chiemeka’s vision for NGX aligns with the broader objectives of positioning the exchange as a leading player in the global financial markets. The Nigerian Exchange Limited plays a crucial role in the nation’s economic development by facilitating capital formation and promoting investment opportunities. With Chiemeka at the helm, we are confident that NGX will continue to contribute significantly to the growth and diversification of Nigeria’s economy,” said Ogunseyinde.
“There is now a palpable sense of optimism about the future of the Nigerian Exchange Limited as the financial community looks forward to a new era under Chiemeka’s leadership. With his extensive experience, strategic vision, and commitment to excellence, we believe Chiemeka is well positioned to steer NGX towards a path of sustained success and greater prominence in the global financial ecosystem.”
Chiemeka, is a Fellow and Council Member of the Chartered Institute of Stockbrokers (FCS), a Member of the Institute of Directors (IOD), and the Chartered Institute for Securities & Investment (CISI), UK. He is also a Fellow of the Association of Investment Advisers and Portfolio Managers and an Associate of the Certified Pension Institute of Nigeria. He holds degrees from the University of Oxford, UK, Lagos Business School, and the University of Lagos. He is married to Temitayo Chiemeka and they are blessed with Children.
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Adejuwon Osunnuyi
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*PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
To prevent any misunderstanding regarding our affiliation with the United Nations, we hereby provide a formal clarification on the status and identity of the United International Peace and Governance Council (UNIPGC), formerly known as IPGC.
UNIPGC is an independent Civil Society Organization and Non-Governmental Organization with continental chapters registered in the United States, Germany, Canada, and several countries across Africa. The organization is committed to promoting the values and principles of the United Nations, particularly in advancing Sustainable Development Goal 16 (Peace, Justice, and Strong Institutions), as well as advocating for good governance globally.
In furtherance of its mandate, UNIPGC has established partnerships with reputable diplomatic civil society organizations, including the United Nations Association of Nigeria and the United Nations Association of Ghana. These collaborations are aimed at strengthening its engagement with initiatives aligned with United Nations ideals.
Additionally, UNIPGC has entered into diplomatic relations with the International Organization for Economic Development (IOED), an Intergovernmental Organization (IGO), to enhance its capacity for international cooperation and diplomatic engagement.
We wish to clearly state that UNIPGC is **not** an entity, agency, or organ of the United Nations.
Members of the public and media practitioners are respectfully advised to refer to the organization by its full and correct name: **United International Peace and Governance Council (UNIPGC)**, and not as the United Nations.
Thank you.
Business
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”
Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.
The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.
This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.
Speaking on the collaboration, the Laffmattazz team stated:
“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”
As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.
With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.
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About Laffmattazz
Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.
About First Bank of Nigeria Limited
First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.
Business
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and eventual down payment of a minimum 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit is N50 million.
Now, FirstBank is making homeownership more attractive.
FirstBank, in partnership with the Ministry of Finance Incorporated (MOFI), has introduced the MREIF Home Loan. MREIF loan is a game-changer, offering a single-digit interest rate of 9.75% per annum, with a loan amount of up to ₦100 million and a repayment period of up to 20 years. This is perfect for salaried individuals, including Nigerians in the diaspora, looking to purchase homes in approved locations.
The MREIF loan stands out with its lower interest rate, higher loan amount, and flexible equity contribution as low as 10%. This makes it an attractive option for those seeking affordable homeownership.
You are one quick decision away from being a landlord.
If you’ve been waiting for the right time to buy a home, FirstBank’s MREIF Home Loan is the smartest route to owning property in Nigeria today. Visit the FirstBank website https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ to get started.
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