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Pius Olanrewaju Sworn-In As CIBN President

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Professor Pius Olanrewaju has been sworn in as the 23rd President/Chairman of the Council, Chartered Institute of Bankers of Nigeria (CIBN).

TalkJudith reports that Olanrewaju was sworn in by Justice Owolabi Dabiri at an event held in Lagos on Friday which was chaired by Senior Advocate of Nigeria, Wole Olanipekun.

After the swearing-in, he was decorated with the insignia of office.

In his goodwill message, the Speaker of the House of Representatives, Tajudeen Abbas, who was represented by the chairman, of the House Committee on Banking, Nwachukwu Eze, hailed the immediate past CIBN president, Ken Opara and called on the new leadership of the organisation to embrace technology to boost financial inclusion.

Abbas said, “Today, as you welcome the incoming President and new Chairman of the Council, we also reflect on the challenges and opportunities that lie ahead. The banking sector is constantly evolving, driven by technological advancements, regulatory changes, and shifts in customer behaviour.

“In the face of these types of changes, the CIBN must remain steadfast in its commitment to excellence and innovation. The incoming leadership must embrace new ideas and emerging technologies and foster collaboration within the industry to navigate these challenges and seize the opportunities that lie ahead.

“As we look to the future, we must not lose sight of the importance of financial inclusion and sustainable development. Despite progress has been made in expanding access to financial services. Millions of Nigerians remain on the side or excluded from the formal banking sector.

It is incumbent upon all stakeholders including the CIBN to redouble your efforts to promote financial literacy, expand access to finance, and foster inclusive growth, that leaves no one behind.”
Meanwhile, the Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation, Bello Hassan, called on banking sector players to pay attention to cybersecurity, saying, “In this regard, a deliberate and collaborative approach to cyber risk involving all stakeholders is essential to protect the resilience of the banking system.”
Other elected officeholders include First Vice President, Dele Alake, Second Vice President, Mojisola Bakare-Asieru, and National Treasurer, Peter Ashade.

Olanrewaju was elected on April 6, 2024.

 

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BREAKING!!! APC Appoints New Acting National Chairman (Photo)

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The All Progressives Congress, APC, has appointed Alhaji Dalori as the New Acting National chairman of APC.

Ekwutosblog had reported that the former chairman of the party, Abdullahi Ganduje, has resigned from his position on Friday.

According to sources who spoke with Ekwutosblog ,” Ganduje was forced to resign following his inability to handle FCT Area Council elections primaries for APC.”

The source added “the obvious and ridiculous outing in Bwari Area Council Chairmanship primary election of the party was the height of disgrace.”

“Where the DPO noticeably chased other Aspirants away leaving only one Hon. Joshua Musa Ishaku who was a stooge of PDp and who had not supported Tinubu in the 2023 presidential primaries.”

Another said the move, it is understood follows intense pressure from stakeholders within the APC, especially from the North Central zone, who have repeatedly called for the chairmanship position to return to their region. Ganduje’s expected resignation also comes amid mounting internal opposition over his leadership style and the party’s internal power dynamics.

Ganduje, who assumed office in August 2023 following the resignation of Abdullahi Adamu, has faced sustained agitation from North Central leaders who argue that their region deserves to produce the next party chairman.

In what appears to be a calculated political compromise, the APC is reportedly planning to appoint one of its current national vice chairmen as acting chairman until a new substantive leader is elected at the party’s national convention scheduled for December.

Sources close to the APC National Working Committee revealed that Ganduje, a former governor of Kano State, was persuaded to step aside as part of broader efforts to stabilise the party and strengthen its unity ahead of the 2027 general elections.

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Rivers crisis: Governor Fubara speaks after meeting with Tinubu, Wike

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Suspended Governor of Rivers State, Siminalayi Fubara, has expressed optimism that the meeting between him, President Bola Tinubu and his predecessor, Nyesom Wike, will restore peace to the state.

Ekwutosblog earlier reported that President Tinubu, on Thursday night, met with the two warring politicians over the lingering crisis in the state.

According to reports, the President was able to put an end to the face-off between Fubara and his former boss.

 

Addressing journalists shortly after the meeting, Fubara said what the state needs to progress is peace, emphasizing that with the agreement reached at the meeting, the needed peace has finally returned.

He said, “For me, it’s very important that this day has come.

“What we need for the progress of Rivers State is peace, and by the special grace of God, this night, with the help of Mr. President and the agreement of the leaders of the state, peace has returned to Rivers State.

“We will do everything within our power to ensure that we sustain it this time around.”

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Wike: Four conditions to be met before Tinubu reinstates Fubara – Report

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President Bola Tinubu has agreed to reinstate the suspended Rivers State Governor Siminalayi Fubara.

Ekwutosblog reported that the resolution of the crisis came during a meeting between Tinubu and the aggrieved parties at the Presidential Villa, Abuja late last night.

However, The Cable reported that Fubara’s reinstatement is to come with four conditions.

 

According to the report: Fubara will be reinstated to complete his four-year tenure but must not seek a second term in 2027

Also, FCT Minister, Nyesom Wike would be allowed to nominate all the local government chairpersons across the 23 local governments in the state.

Fubara was said to have agreed to pay all outstanding allowances and entitlements owed to the 27 lawmakers loyal to the FCT Minister. The lawmakers were before now suspended from the state assembly.

In addition to the above, the lawmakers will not initiate any impeachment proceedings against the governor when reinstated by Tinubu.

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