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EXPOSED!!! How Ex-President of CAN, Ayo Oritsejafor plotted to kill Buhari, sponsored Niger Delta Avengers

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TaShawn, a wife to Bolaino Akwenuke (a warlord/close associate of Tompolo) visited Warri, Delta state, last December with intentions to do mission work in villages affected by the spills. TaShawn spent four months there and was unable to do anything due to high crime in the areas.  Recently, she speaks with Bolaino Akwenuke on the current situation in the oil-rich region, which has been constantly suffering from the attacks of the militants.  Mr Akwenuke denied that former Niger Delta warlord Chief Government Ekpemupolo, alias Tompolo, is supporting the activities of the militants. Instead, he claimed that the sponsor of the Niger Delta Avengers is Pastor Ayo Oritsejafor. Akwenuke also speaks about the role of Pastor Ayo in the Dasukigate and government of Muhammadu Buhari.  Nigerian army vs militants In life, you never know who you will meet. I say this while reflecting upon my decision to visit Nigeria last December 2015. I would have never imagined I would stumble into a man who is part of a situation that can impact so many lives in a negative or positive way depending on how this story plays out. When I arrived at the airport In Lagos last year I was escorted by the kindest man I had ever met. My travel itinerary contained plans of travel to Warri and then to visit rivers area of Delta state to help victims affected by the oil spills. We made it Warri but we never reached the rivers area due to high crime, military action and oil pipeline and facility bombings. At the time the incidents were being blamed on Tompolo; I know this because while there I became interested in Nigerian news and we would read the local papers daily. What I did not know is the extent of involvement my host played in the situation. Nor did I know that his involvement would lead to my own. Fast forwarding to today and here we are: bombings still occurring in the Delta region, Tompolo still being framed, and me assisting Akwenuke Bolaino Marho, the nice man who met me at the airport in Lagos December 2015, to tell his story of involvement; not only how he is involved but also to disclose the real culprit behind the Shell and Chevron Texaco oil facility bombings. In one of the most recent conversations that I and Bolaino have had he mentioned that tribal tension had been on the rise and if things continued than his tribe the Urhobo and the Ijaw tribe, for which Tompolo belongs to may fight each other. As I asked him why the conversation proceeded and this is what ensued:

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TaShawn: So why will your tribe (Urhobo) fight the Ijaws?

Bolaino: They are trying to frame me up, I will not fold my hands and allow people kill Americans and blame it on my organization. The only thing that will solve all this is if that pastor is arrested. Ijaw and Urhobo people are killing each other more each day in the villages, and the man who is responsible for this is going out to party.

TaShawn: Who is this man you speak of?

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Bolaino: The man is the devil incarnate himself. He succeeded in making the Itsekiri and Ijaw fight endlessly in Delta state many years ago. He succeeded then and he is succeeding again. This time around the death rate from a tribal war between Urhobo and Ijaw going the way it is already will be devastating. My parents’ house will be burnt to ashes and all houses in the area. As it is now, there is already a refugee crises as Ijaw people are moving out of my area in Udu which is an Urhobo community. Some are being harassed and assaulted, and Tompolo has told me that if all this should continue we will fight each other.

TaShawn :Do you want to fight Tompolo ?

Bolaino: No I do not want to fight, I want peace.

TaShawn: Have you told anyone else about this?

Bolaino: I have been telling everyone for the past few weeks how they want to give me a name that is not my own. From the FBI, CIA, to the State Department. My country, my Senator, my ministers, etc. but they are acting like imbeciles, as if they don’t know A from B. They are forcing my hands. I have called the Nigerian Army. DSS. All of them. I have called the minsters I know. They pick the call and pretend to listen, and tell me they will do something about it but all the while, things are escalating.

TaShawn: How has the situation escalated and you never mentioned the Pastor’s name?

Bolaino: His name is Ayo Oristsejafor. He is now moving his guns and weapons from his church to Urhobo communities to fuel tribal war. They plan on blowing up a Chevron facility and putting the blame on me and my movement (MFPND). That is why I had to go to the creeks this period to plan for this. I have written about this man, there are a lot of things he has done if there is a Satan that is who he is.

TaShawn: So why are you telling me and how do you expect these agencies to help?

Bolaino: I want you to expose this man. It is the only way to end this situation. There is evidence to put him in prison, but Nigerian people are scared of him, because he is a pastor. If you can help to expose him everything will be over.. the militancy in the region, etc.

TaShawn: What kind of evidence do you have and are you sure it will stick to him? Bolaino: I can tell you everything if you agree to help and are willing to listen. You will need to write all of this down.

TaShawn: Alright I will do what I can to help and am ready to listen…

Bolaino: Ok, firstly, Pastor Ayo is the chief sponsor of the militant group the Niger Delta Avengers (NDA).

TaShawn :Are you are saying that Tompolo is not the one giving the NDA orders? Bolaino: That is exactly what am saying. He (Pastor Ayo) sponsors them by giving weapons and ammunition. He gives them targets to bomb in the Niger Delta. TaShawn: Now Bolaino how can you allege that a Pastor is the sponsor of such a deadly group. What proof do you have of this allegation?

Bolaino: Yes we have very strong proof of his involvement in the bombings of the Niger Delta. But we will only show the evidence to incorruptible government lawyers and we are ready to stand in a competent court of law to defend our allegations. I assure you we have corroborative evidence against this man and the media can attest to its truthfulness. I want to discuss this evidence with men and women of the press.

TaShawn: Ok, what exact evidence do you have on the Pastor?

Bolaino: First and foremost the pastor uses his private aeroplane to ferry drugs and guns from America and other parts of Europe to Nigeria. He has been caught once by the Authorities, but the corrupt government of the former president of Nigeria swept it under the rug.

TaShawn: Why did the former president not apprehend the Pastor at that time he was caught?

Bolaino: The plane was purchased with money from the Government scams involving the Nigerian Army. At the time the pastor was helping with corrupt Government officials in Nigeria to launder money with his bank Eagle Flight Micro Finance Bank . They were stealing money meant for fighting insurgency in the North Eastern part of Nigeria. At the time Colonel Sambo Dasuki was in charge of ripping the army off from the inside, since he was in government at the time. TaShawn: Please explain more in depth how these men, Dasuki and Ayo operated inside the scandal?

Bolaino: They were supposed to buy aeroplanes, weapons, and ammunition for the Nigerian Army fighting Boko Haram, but these monies were never spent on the things that were needed to be purchased.

TaShawn: Is this a factor of why Boko Haram is still at large in Northern/ Northeast Nigeria presently?

Bolaino: Yes, as a result, Boko Haram invaded the Northeast and Nigerian army men were running away from the battle field because they were not well equipped enough and they became mutinous.

TaShawn: Is that the only evidence you have?

Bolaino: No, we have more, We have evidence that he was caught once more working with Hezbollah organisation in Nigeria. They were helping him to buy weapons in South Africa when his plane was caught with over 9 million dollars. When they questioned him as to what he intended to do with that large sum of money the response was that he wanted to buy arms and ammunition from a South African defence contraction company. After the claims were investigated they were found to be false. This lead us to believe that he was preparing for secession in Nigeria if the ruling party at the time lost. Prior to that time he and others at large had tried to assassinate Mr Muhamadu Buhari, in a twin car bomb attack in Kaduna. Fortunately, Buhari survived.

TaShawn: Bolaino how did you come to learn all this information?

Bolaino: The pastor told us in an informal gathering of warlords that period that they did it because they did not want Buhari to survive; they knew that if they allowed him to contest in the election they would loose and he would win. Afterwards, the pastor came up with the “BuhariBokoHaramOp”. See at the time he was the leader of the Christian Association of Nigeria  (CAN) so he had a cult following and he still does to this day.

TaShawn: What do you mean by “he had a cult following” and exactly how did the pastor use his following to further his agenda? Bolaino: I mean he had a mass following of pastors and their members that would do as he said with no questions asked. He started telling his pastors and their members in churches all over Nigeria that Buhari is a terrorist. That Buhari planned to Islamize Nigeria if he won.

TaShawn: Since you say “we” a lot I am assuming there are witnesses other than yourself that can attest to this information you are sharing with me today? Bolaino: Yes, we have numerous witnesses to this scandal. Myself being one of course. But Pastor Ayo and his followers did this for long, even until this day that propaganda still thrives on, hence the current disposition of my fellow warlords to Buhari. As they still honestly believe that Buhari is the sponsor of the Boko Haram. They don’t know any better otherwise. But as God would have it everything they did in trying to kill Buhari or spoil his image was in vein. At the time of the past election, it has to be mentioned that the pastor was campaigning for PDP which is the party of the former president.

TaShawn: Ok, so to back track a little you mentioned you are a warlord, but that you currently want peace; are you saying that some warlords in Nigeria are fighting for peace?

Bolaino: Yes, I am a warlord, and once again yes I and other warlords want peace to reign throughout Nigeria, as there is no reason to fight. The problem is corruption and greed. To add to my earlier information, we received word of Ayo’s involvement in the assassination attempt on Buhari in 2014 by a former Hezbollah operative we caught at sea after the act. He confessed to it before he died. That was when we started to connect the dots between him and the Hezbollah network in Delta state. After his candidate lost he sent a mole into the APC (opposing political party) in the person of Chief Ayiri Emami.

TaShawn: Who is this Chief Ayiri, what is his background and why did Pastor Ayo choose him as a mole?

Bolaino: Ayiri is known in Warri as a popular assassin and ritualist, so he was welcomed into the APC. Ayiri made sure to enter the APC two days after it was announced that his former party the PDP had lost the election. The APC being a party of Northern extraction did not fully understand the workings of the Niger Delta Politicians/ warlords. So it was from here on that the Niger Delta agitation was hijacked by Pastor Ayo and his cohorts. This is where everything started, this is where the story is today.

TaShawn: And what of Tompolo and how are you so deeply involved and knowledgable of all this information that no one else will speak of ?

Bolaino: Tompolo is a good man, a man that I owe immense gratitude to. He is the one that inspired me to join the Niger Delta struggle for resource control. He was always helping the poor and making them millionaires over night. It was strange because no one else in the region had ever done anything like it before. Although he was an outlaw when I first met him, he was given amnesty and I was not, so I began working with pastor Ayo and Ayiri.

TaShawn: Ayiri, Ayo, Tompolo and You are Warlords? Any other names I should know of that pertain to this story?

Bolaino: Ayiri is a warlord for all the Itsekiri people of Delta state. You have to also know that Pastor Ayo is also of the Itsekiri tribe, with the former Governors of the Delta state. Chief Ibori who was the first democratic governor of Delta state is half Urhobo and half Itsekiri. It was through his cousin Governor Uduaghan who is the immediate past governor of Delta state; he is also Itsekiri, and he is also the brains behind the whole NDA operation. He does the planning, strategizing etc. He is a brilliant man but he only uses his brilliance for evil. He is the evil genius behind all this and he is also the one who set Ibori up. Ibori is currently serving jail time in the UK. Ibori, his wife Nkoyo, and his sisters and lawyers are all serving time in the UK. They were all set up by the same people who are about to set me and Tompolo up. So I started working with Pastor Ayo.

TaShawn: Why is Ibori in jail?

Bolaino: There are newspaper articles to corroborate what I am saying. These things are public knowledge, well not all but some. They are deceiving the Deltans. Did you not hear of the Monseca law firm scandal? That indicted many prominent men and women of the world for tax evasion and financial crimes. Ibori is highly implicated in that scandal, as his name was released in the leaks. Google it. The British government intends on levelling new fresh charges against him.

TaShawn: Alright, now please tell me what you want the media and press to do? Especially the American press…

Bolaino: I have gone to British Media many times. They know all this but are afraid to do anything. Many people only hear my name but they do not know my face. I need to put a face to my name for the sake of peace to reign. I want you and others to take this issue very seriously, please. We want these things to be published everywhere in news in the US because what is happening now concerns them a lot. It is common knowledge that American and British companies like Shell and Texaco operate in Delta state. The Niger Delta Avengers have been blowing up Shell facilities, but they have not been blowing up much of Texaco facilities.

TaShawn: Do you know why it’s mostly the Shell facilities being bombed?

Bolaino: Good question, yes I do. Shell operates in the Ijaw part of the Delta state, namely the Shell oil exporting tank at Forcados, In Ogulagha Kingdom. While Chevron Texaco is located in the Itsekiri part of Delta state. Texaco has an oil exporting tank farm at Ugboroda in Warri Southwest Escravos of Delta state. TaShawn: Are you going to get to how this all escalates into Tribal conflict and future war?

Bolaino: Yes, that is where I am going to. You have to know that for many decades the Ijaws and Itsekiris have been fighting tribal war in the Delta state for long. The fight is usually on and off, and when they fight they burn down everywhere in Warri. The reason we moved to the area (my family and I) we are currently staying is because of the tribal fighting in that part of Warri we used to stay. They were always burning down houses and the house we were staying in Ogborikoko at the time was owned by an Ijaw man. So we were at risk of our house being burnt by the Itsekiris at any time. So after the former president lost the election and Ayiri switched into the APC just two days after his former party lost the election it was assumed that Ayiri had betrayed them at the federal government level of the PDP.

TaShawn: So who are the Urhobo/ Isoko preparing to fight presently?

Bolaino: Currently the Ijaws. Pastor Ayo is giving us all the weapons we need to fight.

TaShawn: So why aren’t you happy about this, why tell me to expose the man who is helping you?

Bolaino: He is a bad man. The reason I am angry is because he tried to kill me when I refused. If not that I am a strong man, a man of the spirits then I would be dead by now and my son would be fatherless for sure, but God Disgraced him. TaShawn: Why are they fighting?

Bolaino: They are fighting because the pastor set us up to fight and gave the order.

TaShawn: So in Nigeria, one must fight when a Pastor gives the order because he is a warlord who hands them out weapons ?

Bolaino: Yes Jesus is God in Nigeria, anything church if you oppose it they will kill you. Do you know how many thousands of people pastors have killed in Delta State? You don’t. They sent people to my house. My father and mother have relocated to other regions. Right now he is distributing Guns out to people under his boy Ayiri and others at large. He is the one (The pastor Ayo) who told the King of Aladja and Urhobo Community that God revealed to him that if he does not tell his fellow Urhobo Kings to drive out Ijaws from Urhobo land that the Ijaws will take over all of Urhobo land in the next year 2017 with the Biafrans. The Biafrans have vowed to tear Nigeria apart by January next year to fulfil America’s prediction of Nigeria breaking into pieces in 2017.

TaShawn: Do you know why he (Pastor Ayo) is doing all this?

Bolaino: He is doing all this to escape prison. Many of the people he shared federal government money with meant to fight Boko Haram, are currently in prison. They are mentioning his name in statements, and soon he will be indicted. So he is doing this in order to escape being arrested. This is what he told me before trying to kill me. He tried to kill me in his church, this is where we hold meetings and that is also where he stores the weapons for the NDA. Tompolo and I were preparing to submit all our weapons to the government, but our hands are being forced to fight one another; if this pastor is caught the bloodshed will cease.
SOURCE : Naij.com

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WEMA BANK ANNOUNCES CALL FOR ENTRIES FOR ITS YOUTH-FOCUSED HACKATHON, HACKAHOLICS 5.0*

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*WEMA BANK ANNOUNCES CALL FOR ENTRIES FOR ITS YOUTH-FOCUSED HACKATHON, HACKAHOLICS 5.0*

 

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Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the Call for Entries in the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics. This announcement was made at the Press Conference held at Wema Bank’s Head Office on Thursday, April 18th, 2024, declaring the registration portal for Hackaholics 5.0 officially opened.
Hackaholics is an annual tech and innovation competition birthed by Wema Bank in 2019 to provide a platform for young Nigerians with tech-driven ideas to bring their game-changing ideas to life, scale their ventures or startups and access a wider market for these tech-enabled solutions. Over the past 4 editions, Hackaholics has transformed thousands of Nigerian lives and businesses, helping Youth with interests spread across different areas to build their own Startups, create sustainable sources of income and gain a competitive edge on the global tech and innovation scene. Through Hackaholics, Wema Bank has powered the launch and expansion of a plethora of Startups through Hackaholics, disbursing over N150,000,000 in cash prizes in just 4 editions.

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With the launch of Hackaholics 5.0, Wema Bank is reportedly pulling all the stops to make this edition the grandest ever. Themed “Meta-Idea: DigiTech Solutions for Africa’s Prosperity”, Hackaholics 5.0 will be executed over a six-month period, touring 10 Universities across the country and challenging the Youth to pitch unique, innovative and practical Digi-Tech solutions to positively impact the acceleration of progress, development and prosperity not just in Nigeria but across the African continent.
Encouraging Nigerian Youth to leverage Hackaholics as a launchpad to their success in the digital world, Wema Bank’s Chief Transformation Officer, Babatunde Mumuni, highlighted the bank’s vision for Hackaholics. According to him, “With the birth of ALAT, a few things became clear, one of which is that while we have adopted innovation and digital excellence as our path to greatness, we need talented bright minds to drive this innovation, and this is one of the reasons we launched Hackaholics. With Hackaholics, we are not only empowering these youth to scale but also funding STEM education towards national development. Also, we are strengthening our nation’s capabilities and providing a platform for creative and innovative youth to thrive. We are in search of people who are curious, who are innovative enough to question the status quo, refine the norm and challenge themselves to make things better. If this is you, then Hackaholics 5.0 is the perfect platform to help you thrive”.
Highlighting the career opportunities available in Hackaholics 5.0, Ololade Ogungbenro, the Divisional Head of Brands, People and Culture, said, “Nigeria possesses a vibrant population of young people who are digitally skilled and willing to leverage innovation and technology as a tool to build digital products that are usable, scalable, and sustainable. All they need is an opportunity, a platform, and the right nurturing environment for their talents to thrive. That is one value we hope to harness with Hackaholics 5.0. The pitch sessions across the different universities present a unique opportunity for us to double our impact to not only empower these youth to own their own Startups from as early as their undergraduate years, but further provide them with access to first-rate employment opportunities. Through the career fairs we will host, participants and attendees can interact with us, learn about the bank’s culture, values, and job opportunities, and gain insight into the banking industry and learn about various technology-related roles available in the Bank. They’ll also enjoy Speed mentoring and Networking opportunities, Interview Preparation and a chance to hone their soft skills. So, if you are a young person who is keen on building a thriving career in Tech, then attending, and actively participating in the Hackaholics Career Fair should be a top priority for you”.
Wema Bank’s Head of Innovation, Solomon Ayodele, concluded saying, “This year, you’re going to experience the Coachella of the tech industry at our Hackaholics 5.0 grand finale tech festival, and the journey begins today. We have a cash prize of over N70,000,000 for our winners this year and we are not limiting you to any specific verticals. Any verticals you can think of will be accepted. Our focus for Hackaholics 5.0 is the brilliance of your mind so we leave it to you to discover a problem area that matters and develop an innovative solution that will drive positive impact. Our goal is to birth solutions that address diverse aspects of real-world challenges, and you have the opportunity to be a part of this transformative journey. To submit your entry please visit https://hackaholics.wemabank.com/register”.
Wema Bank has transformed thousands of lives across Nigeria, facilitating the successful creation of hundreds of startups across the country through Hackaholics. With the bank’s impact constantly proliferating especially in the digital space, it is no wonder that Wema Bank is regarded as Nigeria’s foremost innovative bank.

Interested participants are encouraged to submit their registrations for Hackaholics 5.0 at https://hackaholics.wemabank.com/register.

WEMA BANK ANNOUNCES CALL FOR ENTRIES FOR ITS YOUTH-FOCUSED HACKATHON, HACKAHOLICS 5.0
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the Call for Entries in the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics. This announcement was made at the Press Conference held at Wema Bank’s Head Office on Thursday, April 18th, 2024, declaring the registration portal for Hackaholics 5.0 officially opened.
Hackaholics is an annual tech and innovation competition birthed by Wema Bank in 2019 to provide a platform for young Nigerians with tech-driven ideas to bring their game-changing ideas to life, scale their ventures or startups and access a wider market for these tech-enabled solutions. Over the past 4 editions, Hackaholics has transformed thousands of Nigerian lives and businesses, helping Youth with interests spread across different areas to build their own Startups, create sustainable sources of income and gain a competitive edge on the global tech and innovation scene. Through Hackaholics, Wema Bank has powered the launch and expansion of a plethora of Startups through Hackaholics, disbursing over N150,000,000 in cash prizes in just 4 editions.
With the launch of Hackaholics 5.0, Wema Bank is reportedly pulling all the stops to make this edition the grandest ever. Themed “Meta-Idea: DigiTech Solutions for Africa’s Prosperity”, Hackaholics 5.0 will be executed over a six-month period, touring 10 Universities across the country and challenging the Youth to pitch unique, innovative and practical Digi-Tech solutions to positively impact the acceleration of progress, development and prosperity not just in Nigeria but across the African continent.
Encouraging Nigerian Youth to leverage Hackaholics as a launchpad to their success in the digital world, Wema Bank’s Chief Transformation Officer, Babatunde Mumuni, highlighted the bank’s vision for Hackaholics. According to him, “With the birth of ALAT, a few things became clear, one of which is that while we have adopted innovation and digital excellence as our path to greatness, we need talented bright minds to drive this innovation, and this is one of the reasons we launched Hackaholics. With Hackaholics, we are not only empowering these youth to scale but also funding STEM education towards national development. Also, we are strengthening our nation’s capabilities and providing a platform for creative and innovative youth to thrive. We are in search of people who are curious, who are innovative enough to question the status quo, refine the norm and challenge themselves to make things better. If this is you, then Hackaholics 5.0 is the perfect platform to help you thrive”.
Highlighting the career opportunities available in Hackaholics 5.0, Ololade Ogungbenro, the Divisional Head of Brands, People and Culture, said, “Nigeria possesses a vibrant population of young people who are digitally skilled and willing to leverage innovation and technology as a tool to build digital products that are usable, scalable, and sustainable. All they need is an opportunity, a platform, and the right nurturing environment for their talents to thrive. That is one value we hope to harness with Hackaholics 5.0. The pitch sessions across the different universities present a unique opportunity for us to double our impact to not only empower these youth to own their own Startups from as early as their undergraduate years, but further provide them with access to first-rate employment opportunities. Through the career fairs we will host, participants and attendees can interact with us, learn about the bank’s culture, values, and job opportunities, and gain insight into the banking industry and learn about various technology-related roles available in the Bank. They’ll also enjoy Speed mentoring and Networking opportunities, Interview Preparation and a chance to hone their soft skills. So, if you are a young person who is keen on building a thriving career in Tech, then attending, and actively participating in the Hackaholics Career Fair should be a top priority for you”.
Wema Bank’s Head of Innovation, Solomon Ayodele, concluded saying, “This year, you’re going to experience the Coachella of the tech industry at our Hackaholics 5.0 grand finale tech festival, and the journey begins today. We have a cash prize of over N70,000,000 for our winners this year and we are not limiting you to any specific verticals. Any verticals you can think of will be accepted. Our focus for Hackaholics 5.0 is the brilliance of your mind so we leave it to you to discover a problem area that matters and develop an innovative solution that will drive positive impact. Our goal is to birth solutions that address diverse aspects of real-world challenges, and you have the opportunity to be a part of this transformative journey. To submit your entry please visit https://hackaholics.wemabank.com/register”.
Wema Bank has transformed thousands of lives across Nigeria, facilitating the successful creation of hundreds of startups across the country through Hackaholics. With the bank’s impact constantly proliferating especially in the digital space, it is no wonder that Wema Bank is regarded as Nigeria’s foremost innovative bank.

Interested participants are encouraged to submit their registrations for Hackaholics 5.0 at https://hackaholics.wemabank.com/register.

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Access Holdings’ Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede’s Return as Chairman

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Access Holdings' Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede's Return as Chairman

Access Holdings’ Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede’s Return as Chairman
…Re-elect Olusegun Ogbonnewo, Ojinika Olaghere as a Non-Executive Directors

The shareholders of Access Holdings Plc (“Access Holdings” or “the Group”) at the 2nd Annual General Meeting (AGM) held on Friday, April 19, 2024, unanimously backed the Group’s plan to establish a capital raising programme of up to US$1.5 billion as well as the subset initiative to raise up to N365 billion, specifically, through a Rights Issue of ordinary shares to its shareholders.
The proceeds of the Rights Issue would be used to support on-going working capital needs, including organic growth funding for its banking and other non-banking subsidiaries.
The shareholders also ratified the appointments of Aigboje Aig-Imoukhuede, Olusegun Ogbonnewo, and Ojinika Olaghere as Non-Executive Directors.
The appointment of Aig-Imoukhuede as the Chairman of Access Holdings was praised by the shareholders, who pointed to his rich history of success with the institution, having transformed it into Nigeria’s biggest lender by market value alongside Herbert Wigwe.
Aigboje’s leadership was instrumental in driving the institution’s growth during the 2004 recapitalisation of the banking industry led by the Central Bank of Nigeria (CBN) under the leadership of its former Governor, Prof. Charles Soludo.
“We are thrilled with Aigboje Aig-Imoukhuede’s return to the role of Chairman. His proven track record, experience, and strategic insights position him as the ideal leader to steer Access Holdings towards meeting its lofty targets. During his tenure as CEO, particularly during the recapitalisation directive by the CBN, he steered Access Bank to raise an impressive $2 billion in capital, and this demonstrates his capacity to, once again, lead Access Holdings towards successfully achieving the objectives of our planned Capital Raise and Rights Issue targets,” said Chief Sunny Nwosu, Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN).
Access Holdings' Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede's Return as Chairman
In line with the Group’s strong financial performance, the payment of a final dividend of N1.80 kobo per every N0.50 Kobo ordinary share for the 2023 financial year was approved, marking a 28 per cent improvement from the corresponding period in 2022.
The Group’s full-year results for the period ending December 31, 2023, showcased an impressive 335 per cent increase in pre-tax profit to N729 billion from N167.68 billion in 2022. The Group also experienced an 87 per cent surge in gross earnings to N2.59 trillion from N1.39 trillion in 2022 and reported a remarkable 306 per cent growth in profit after tax to N619.32 billion, from N152.20 billion in 2022.
Commencing in the second half of 2024, Access Holdings’ global expansion strategy will enter the consolidation and efficiency phase, aligning with its five-year plan to accelerate the attainment of its 2027 strategic objectives. The Group remains focused on driving sustainable growth, and delivering value to its shareholders even as it continues to build a globally connected community and ecosystem, inspired by Africa, for the world.

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Dangote crashes Diesel price to N1,000 per litre

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Dangote reacts to EFCC’s visit to its Headquarters

Dangote crashes Diesel price to N1,000 per litre

 

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In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre.

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While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent reduction from the previous market price of about N1,600 per litre.

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This significant reduction in the price of diesel, at Dangote Petroleum Refinery, is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in the country.

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