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CIS ELECTS OLUROPO DADA AS 13TH PRESIDENT

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The Chartered Institute of Stockbrokers (CIS) has elected Oluropo Dada as its 13th President and Chairman of the Governing Council.

Dada, the Institute’s former 1st Vice President, succeeded the erstwhile President, Oluwole Adeosun, whose tenure was characterised by many laudable achievements.

His election is in line with CIS seamless succession policy, and brand positioning.

Dada’s election was announced in a statement, signed by the Institute’s Registrar and Chief Executive , Josiah Akerewusi, after the Annual General Meeting (AGM) on Tuesday.

Under the new change of baton, the Institute’s 2nd Vice President, Fiona Ahimie, has also emerged the 1st Vice President.

By the Institute’s tradition, Dada shall be formerly decorated with the paraphernalia of office in a high profile event called investiture at a later date.

Oluropo Dada, is an accomplished stockbroker, consummate banker, and a Dealing Clerk of The Nigerian Exchange Limited (NGX). He is a Fellow of the Chartered Institute of Stockbrokers (FCS) where he served as Second and First Vice President respectively. He is also a Fellow of the Chartered Institute of Bankers of Nigeria (FCIB).

Dada graduated from Leeds Business School of Leeds Beckett University, United Kingdom where he obtained a Master’s Degree in Corporate Governance. Before this, he was at the University of Lagos between 1985 and 1988 where he obtained a Bachelor of Science Degree in Business Administration and later earned a Master in Business Administration (MBA)

He is also a member of the Chartered Institute for Securities and Investment (MCSI), United Kingdom as well as the Chartered Institute of Directors, (C-IOD), Nigeria. Dada was a former member of the Senior Management Staff of Marina International Bank Limited, which later merged with Access Bank Plc, where he doubled as Group Head,Capital Market Division, and General Manager/Chief Operating Officer of Marina Securities Limited, now part of Coronation Securities Limited.

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Alleged Land Grabbing: We have enough evidence to investigate monarch- Delta govt

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The Delta State government said it has gotten enough evidence from protesters that would help in its investigation of alleged land grabbing by the traditional ruler of Owa Kingdom, Obi, Emmanuel Efeizomor.

The Special Adviser to the State Governor on Peace Building and Conflict Resolution, Edwin Uzor, leading the inquiry process, confirmed he has received evidential testimonies from some of the aggrieved persons; majority of whom are widows.

While addressing Owa-Oyibu Development Initiative, ADI, which had earlier protested over the matter but soft-pedalled following appeal by the leadership of the State House of Assembly, he said his office has commenced investigative inquiry into the matter.

He assured that the state government would speed up investigation with a view to resolving the crisis and come up with a peaceful resolution.

While enjoining the aggrieved parties to sheath their swords, he assured that the state government would get to the root of the matter. He said the administration of Hon Sheriff Oborevwori was irrevocably committed to ensuring that no Deltan is victimized by anyone on the account of his or her financial or social status.

He enjoined the youths in the community to give the state government the benefits of the doubts by remaining peaceful and calm.

Addressing the over hundred persons, all of whom are indigenes of Owa Kingdom, Uzor said, “we have gotten enough evidence from you that would help us in our investigation process.

“I want to commend you for your peaceful disposition so far. Meanwhile, we wish to appeal that you continue to maintain the existing peace even as we continue in our investigation”.

However, Chairman, Owa-Oyibu Development Initiative, Ogha-ni-ihun Oyibu, Benson Nkeki said the group had decided to embark on a wide protest against the monarch and the palace over alleged high-handedness, bothering largely on land grabbing and forcefully dispossessing land owners of their lands under false pretense.

He said the meeting was an aftermath of the group’s protest on the alleged land grabbing by the traditional ruler of Owa Kingdom, Obi Emmanuel Efeizomor.

Nkeki assured that following the intervention by the state government vis-a-vis the ongoing investigative inquiry into the allegation, the group is committed to giving the state government the benefits of the doubts.

“As law abiding citizens, we are prepared to give the state government the benefit of the doubts. If things are not done the way it should, we will continue with our protest even to the National Assembly level and beyond” Nkeki said.

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Ghana Deports Nigerian Convicted for Smuggling Fake $100,000

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A Ghanaian court has ordered the deportation of Nigerian Aremu Adegboyega after convicting him for smuggling counterfeit CFA francs worth over $100,000 through an illegal border route.

Arrested in 2023 at the Aflao border, he was fined GH¢4,440 or faces up to two years in prison if he defaults.

Adegboyega admitted receiving the fake notes from a Nigerian contact on instructions from a suspected mafia figure in Côte d’Ivoire.

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‘Benue most underdeveloped state I’ve visited’ – Verydarkman

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Controversial social media personality, Verydarkman, has stirred reactions online after describing Benue State as the most underdeveloped state he has ever visited.

In a viral video shared after a recent visit to the state, the influencer claimed, “Benue is still in the year 1940. It is the most underdeveloped state I have ever been to.”

He went on to lament the state of infrastructure and insecurity in the region, saying investors are discouraged from coming due to deplorable road conditions and safety concerns.

“Investors can’t come because of bad roads and insecurity.

“I’m currently drilling a borehole in Yelwata, but the people can’t continue the work because they are afraid of being killed,” he said.

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