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Everything to know about Access Bank boss, Herbert Wigwe, his reported death

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According to reports, the helicopter crashed on Friday night close to a border city between Nevada and California, killing five other people on board when it was en route to Las Vegas.

Unverified sources stated that Wigwe and his wife, Chizoba, and their son were also involved in the mishap.

As of Saturday morning, according to the New York Times, no survivors had been found, according to the officials.

The US Federal Aviation Administration (FAA) disclosed that a helicopter crashed Friday night near Nipton, California, with six people on board.

The San Bernardino County Sheriff’s Department said in a statement that no survivor has been found as of Saturday morning.

The FAA identified the aircraft as a Eurocopter EC 130.

Herbert Wigwe was an astute banker and top-notch entrepreneur who was born in Ibadan, Oyo State on 15 August 1966.

He had a degree in Accountancy from the University of Nigeria, Nsukka, Enugu State. He also had an MA in Banking and Finance from the University College of North Wales (now Bangor), and an MSc in Financial Economics from the University of London.

He was the CEO of Access Holdings Plc, traded as Access Corporation until his death. Herbert was the Group Managing Director/CEO of Access Bank plc, one of Nigeria’s top five banking institutions, after succeeding his business partner, Aigboje Aig-Imoukhuede from January 2014 till April 2022.

Wigwe served as the Chairman of Access Bank Ghana Limited, Access Investment & Securities Limited, Central Securities and Clearing System (CSCS), and was the Chairman of Access Bank (UK) Limited.

He is a board member of the Nigerian Mortgage Refinance Company and a member of the Advisory Board for Friends Africa. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN – FCA), a Fellow of The Institute of Credit Administration, and an Honorary member of the Chartered Institute of Bankers of Nigeria.

In 2016, in recognition of “his exemplary role in the society and contributions to youth development”, the Boys’ Brigade (BB), inaugurated Herbert Wigwe, as State Patron for Lagos State Council in 2016.

Also,  Vanguard and The Sun, foremost Nigeria’s newspapers in 2016 named Wigwe as the Banker of The Year.

In 2021, he was also recognised as the African Banker of the Year at the 2021 edition of the African Banker Awards.

In October 2022, a Nigerian National Honour of Commander of the Order of the Niger (CON) was conferred on him by President Muhammadu Buhari.

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FEC To Consider New Minimum Wage For Workers

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By Gloria Ikibah
The Federal Executive Council (FEC) is meeting today to address key issues affecting Nigeria, with a particular focus on the ongoing minimum wage dispute.
Naijablitznews.com reports that under the directive of President Bola Tinubu, FEC meetings now occur every Monday, replacing the previous Wednesday schedule established since the last meeting held on May 13th and 14th.
According to sources today’s agenda centers primarily on the contentious minimum wage standoff between the federal government and organized labour groups.
The government, following a report from a newly formed tripartite committee, has acknowledged the feasibility of increasing the minimum wage to ₦62,000. However, the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) are advocating for a higher ₦250,000 minimum wage.
Today’s meeting holds critical importance as it seeks to bridge the gap between the government’s proposal and the demands of labour. The council is expected to thoroughly review labour’s position and assess the government’s capacity to accommodate these demands.
The outcome of this meeting is expected to lead to the drafting of an executive bill aimed at resolving the wage issue, which will subsequently be presented to the National Assembly for consideration. The resolution of the minimum wage debate holds significant implications, impacting millions of workers and influencing broader economic factors such as purchasing power and consumer spending.
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Cholera Outbreak: NCDC Declares Public Health Emergency As 53 Die In 31 States

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By Kayode Sanni-Arewa

Presently, the Nigeria Centre for Disease Control and prevention has declared cholera a public health emergency after its risk assessment showed the country is now at ‘High Risk’ of increased risk of cholera transmission and impact.

The National Cholera Emergency Operations Centre has, therefore , been activated to interrupt disease transmission and reduce the impact of the disease and other socioeconomic complications

Cholera is a food and water borne disease and Water is usually contaminated by faeces of infected individuals as well as unsafe practices such as improper disposal of refuse and open defecation.

The highly contagious disease which time between infection and the appearance of symptoms is 2 hours to 5 days, has a higher risk of transmission in areas that lack adequate sanitation facilities or a regular supply of clean water.

Cholera has since January 2024 caused devastation in nigeria with a total of 1528 suspected cases and 53 deaths recorded across 31 states in 107 local government areas as of 24th June 2024.

Source: AIT

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Covid cases surge across UK as new variant takes hold – but men are more susceptible than women

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By Kayode Sanni-Arewa

The newest strain of coronavirus is running wild across the UK, but new data shows that men are more likely to get it than woman.

Despite largely being removed from the every day lives of most Brits, Covid-19 is still around and cases have shot up a lot in recent weeks thanks to a series of new strains. The KP. 3 variant, part of a new group of variants known as FLiRT, emerged in early April.

The name of these variants was inspired by the mutations in their genetic code and they are an offshoot from JN.1 – a variant that could transmit efficiently through one or two additional mutations.

As of April 2024, three strains of the FLiRT variant have been responsible for 40% of all Covid cases in the UK, namely KP.1.1, KP.3 and KP.2, as per data from the UK Health Security Agency. KP. 2 is believed to have sparked a surge of infections in May before handing over to KP.3, which has almost doubled UK infections to 44% in less than a fortnight.

Meanwhile, KP.2’s share has dropped to 22%, yet hospital admissions increased by 24% in the week leading up to Sunday, rising from 2.67 people per 100,000 to 3.31 per 100,000, according to fresh figures from the UKHSA.

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