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Wigwe’s death: Access Holdings appoints Aig-Imoukhuede as Chairman
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The Board of Directors of Access Holdings PLC. has appointed the pioneer Group Managing Director/CEO of Access Bank Plc., Mr. Aigboje Aig-Imoukhuede (CFR) as its Non-Executive Chairman.
Aig-Imoukhuede replaces Mr. Abubakar Jimoh, the erstwhile Chairman of the HoldCo, who remains on the Board as an Independent Non-Executive Director.
The holdco in a statement by the Company Secretary, Sunday Ekwochi, on Wednesday, March 13, 2024 stated that Aig-Imoukhuede’s return was “in response to the untimely passing of the immediate past Group Chief Executive Officer of Access Holdings, Dr. Herbert Wigwe and following extensive consultations with key stakeholders, the Holdco Board unanimously decided to invite Mr. Aig-Imoukhuede to the helm of governance.”
The company added that “this visionary and accomplished leader is bringing an outstanding record of accomplishments, wealth of expertise and leadership to guide the Group into a new era of success.”
The statement read: “With an illustrious career spanning several decades in the banking and finance sector, Mr. Aig-Imoukhuede has proven to be an exceptional and influential leader, having admirably laid a solid foundation for Access Bank’s success as Group Chief Executive Officer between 2002 and 2013 ably supported by his partner and deputy, the late Dr. Herbert Wigwe, CFR who later succeeded him.
“Under Mr. Aig-Imoukhuede’s leadership, Access Bank experienced remarkable growth and established itself as a trusted financial institution within the community. The bank transformed from a minor player into one of Nigeria’s top five banks with presence in nine other African countries and the United Kingdom.
Under his stewardship, Access Bank grew its customer base from 10,000 to over six million with more than 5,000 employees and an asset base of $12 billion, achieving numerous milestones and becoming a globally recognized name. His strategic vision, innovative thinking, and deep market insight were instrumental to shaping the Bank’s success.”
Following his retirement as the Bank’s CEO in December 2013, Mr. Aig-Imoukhuede cofounded the Tengen Family Office Limited which oversees a significant portfolio of investments and businesses in banking, finance, insurance, technology, real estate, and energy.
Through the Aig-Imoukhuede Foundation, he is focused on building Nigeria’s next generation of government leaders, helping transform public sector effectiveness, and improving access to quality primary health care.
The holdco said the decision to bring back Aig-Imoukhuede as the Group’s Non-Executive Chairman reflects the Board’s commitment to “our core values and determination to build upon the strong foundation, he jointly established with Dr. Wigwe.
“With his return, Access Holdings aims to leverage his extensive experience, industry knowledge, and exceptional leadership skills to consolidate on the growth and accomplishments recorded under Dr. Wigwe’s leadership.”
In his new role as Non-Executive Chairman, Aig-Imoukhuede will collaborate with the Board of Directors to oversee strategy and provide guidance to the executive management team.
His return is not only a testament to his unwavering dedication to Access Group but also a clear demonstration of the Board’s confidence in his ability to lead the Group to new heights.
Speaking about his return, Mr. Abubakar Jimoh, the past Chairman, Access Holdings expressed his excitement, stating: “Mr. Aig-Imoukhuede’s appointment to the Board and subsequent election as Chairman is a landmark development for Access Holdings. All our board members are excited about our future.”
Speaking on his appointment, Aig-Imoukhuede said: “I am thrilled to be back in active service to the Access Group ecosystem. I am confident that working with our directors, our exceptional team of executives and our best-in-class banking and finance professionals, we will deliver outstanding value to our esteemed stakeholders. I am determined that our shared vision which Dr. Wigwe gave everything for, will be realized.”
The Company Secretary said the entire Access Group family, including employees, customers, and stakeholders, eagerly anticipates Aig-Imoukhuede’s return and looks forward to a promising future under his leadership.
“With his expertise, passion, and commitment, the Access Group is poised to embark on a new chapter of impact and sustainable success,” he said.
Access Holdings Plc operates through a network of more than 600 branches and service outlets, spanning three continents, 18 countries and over 60 million customers.
The company serves its various markets through four subsidiaries across the banking, payment, pension administration and insurance sectors through four operating companies, viz: Access Bank Plc, Hydrogen Payment Services Company Limited, Access Pensions Limited and Access insurance Brokers Limited.
News
Court orders reinstatement of fired Lagos Assembly Clerk, Onafeko
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By Kayode Sanni-Arewa
The National Industrial Court sitting in Lagos has ordered the reinstatement of the fired Clerk of the Lagos State House of Assembly, Olalekan Onafeko.
The order follows an ex parte application to the Court made by Onafeko through his counsel, Yusuf Nurudeen, in a case he filed against Lagos State Government, Lagos State Civil Service Commission, Lagos State House of Assembly Service Commission, The Speaker, Lagos State House of Assembly, Attorney-General of Lagos State and Mr. Ottun Babatunde.
Onafeko was the Clerk of the House before January 13 when Hon. Mudashiru Ajayi Obasa was removed as Speaker, with the then Deputy Speaker, Mojisola Lasbat Meranda elected as the new Speaker.
Obasa’s removal, a decision that sparked controversy within the Lagos House and the ruling All Progressives Congress (APC), also led to Onafeko losing his position, with Babatunde Ottun appointed as his acting replacement.
The claimant in the suit marked: NICN/LA/23/2025 sought for an interim injunction restraining the six defendants from parading any individual including Babatunde as the clerk pending the hearing of the motion on notice for Interlocutory injunction already filed in the suit.
Granting the application, Justice M. N. Esowe in an ex parte order directed that Babatunde should cease to parade himself as Clerk
Esowe ordered that that what was in place in terms of the person in the saddle of the Clerk Office prior to the crisis rocking the House of Assembly should now prevail.
“That both parties shall maintain the peace and status quo ante bellum until the motion on notice is heard and determined,” Esowe ordered.
The judge slated the hearing of the motion on notice for March 3, 2024.
News
Worldwide Prayers For ‘Critically’ Sick Pope Francis
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By Kayode Sanni-Arewa
Pope Francis spent his tenth day in hospital Sunday as Catholics around the world prayed for his recovery, the day after the Vatican warned the 88-year-old’s condition was “critical”.
The Argentine pontiff, who is being treated for double pneumonia, suffered a prolonged asthma-style attack on Saturday and required blood transfusions for a low platelet count.
On Sunday morning the Holy See said “the night passed peacefully, the pope rested” — indicating no repeat of the crisis the previous day, Vatican sources said.
But Francis, who had part of a lung removed when he was a young man, is still receiving oxygen through a tube in his nostrils in the papal suite at Rome’s Gemelli hospital.
In a message published Sunday but written in the past few days, the Jesuit thanked hospital staff and said he had confidence in his treatment.
“I am confidently continuing my hospitalisation at the Gemelli Hospital, carrying on with the necessary treatment — and rest is also part of the therapy!” he said.
“I ask you to pray for me,” he concluded in the text published in lieu of his weekly Sunday Angelus, which he normally delivers from a window overlooking St Peter’s Square.
People pray at the feet of a statue of John Paul II outside the Gemelli hospital where Pope Francis is hospitalized for pneumonia in Rome on February 23, 2025. (Photo by Alberto PIZZOLI / AFP)
Francis, who has been head of the Catholic Church since 2013, was admitted on February 14 initially with bronchitis, but his condition has deteriorated since then.
In its evening update Saturday, the Vatican warned his “condition continues to be critical, therefore the pope is not out of danger”.
It said Francis was alert and “spent the day in an armchair even if he was suffering more than” the day before.
It said he had a “prolonged asthmatic respiratory crisis, which also required the application of high-flow oxygen”.
Daily blood tests also “showed thrombocytopenia, associated with anaemia, which required the administration of blood transfusions”, it added.
Thrombocytopenia is a condition that occurs when the platelet count in the blood is too low, which can cause trouble stopping bleeding.
Blood or platelet transfusions, delivered via an intravenous (IV) line, are given to people who are either bleeding heavily or at very high risk of bleeding, according to the US National Institutes of Health (NIH).
“The pope gets worse,” headlined Italy’s Corriere della Sera newspaper on Sunday, while La Repubblica described it as the “darkest day” at the Vatican.
Well-wishers have been leaving candles outside the Gemelli since Francis was admitted, and a special mass was planned for Sunday evening in Rome.
“I am praying for him, for his health, because he is a special person for all of us,” Italian teacher Ilde Zito told AFP at the hospital.
Prayers and messages of solidarity also came in from among the almost 1.4 billion Catholics across the globe, alongside other Christians and world leaders.
In the cathedral of Buenos Aires, where Francis was once archbishop, TV screens at the entrance showed images of then Jorge Bergoglio’s good works, and the priest held a special mass.
“He is strong, he has always been strong, but there is nature. I know he is very ill and old. I hope he recovers, but it makes me sad,” Hector Armando Diaz, 76, a retired sales clerk, told AFP there.
Across the world in Iraq’s northern city of Mosul, a former bastion of the Islamic State group that Francis visited in 2021, at least a dozen churches also held prayers for him.
“This is the least we can do to express our solidarity, love, and appreciation for this great person,” said university professor Adnan Hadi.
Mexico’s president, Claudia Sheinbaum, offered her hopes on social media for a speedy recovery for the “great humanist” Francis, the first pope from the Americas.
Francis’s continued hospitalisation has sparked huge concern about his health but also speculation about whether he might step down.
He has always left the door open to following his predecessor, Benedict XVI, who in 2013 became the first pope since the Middle Ages to resign.
But he has repeatedly said it was not the time.
The pope maintains a punishing work schedule. He carried out a mammoth 12-day tour to the Asia-Pacific in September, but has suffered increasing health issues.
He underwent colon surgery in 2021 and an operation for a hernia two years later. He is overweight and has constant hip and knee pain, which forces him to use a wheelchair.
AFP
News
Liverpool thrash Man City, Go 11 Points Clear
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By Kayode Sanni-Arewa
Liverpool took a big step to winning the Premier League, crushing an uninspiring Manchester City in a showdown on Sunday.
Mohamed Salah stole the show, scoring one and providing an assist to send Liverpool 11 points clear at the top of the table although they have played a game more.
The Egyptian opened the scoring with his 30th goal of the season before setting up Dominik Szoboszlai to double the lead before half-time.
Just days after exiting the Champions League to Real Madrid, this was another sobering defeat for the dethroned English champions, who are now 20 points adrift of the leaders.
So often during Pep Guardiola’s glorious reign, Liverpool have come up just short in English football’s great rivalry of recent years.
However, their time to match Manchester United’s record of 20 English top-flight titles now appears just months away in Arne Slot’s first season in charge.
Arsenal’s shock 1-0 home defeat to West Ham on Saturday had eased the pressure on Liverpool, that had built after dropping points in two of their last three games at Everton and Aston Villa.
A trip to the Etihad has for so long been the stiffest test of all, but City’s defensive frailties were easily exposed and they also badly missed the presence of the injured Erling Haaland in attack.
Liverpool, by contrast, had their talisman fit and firing as Salah took his staggering tally this season to 25 goals and 16 assists in 27 Premier League appearances.
However, their time to match Manchester United’s record of 20 English top-flight titles now appears just months away in Arne Slot’s first season in charge.
Arsenal’s shock 1-0 home defeat to West Ham on Saturday had eased the pressure on Liverpool, that had built after dropping points in two of their last three games at Everton and Aston Villa.
A trip to the Etihad has for so long been the stiffest test of all, but City’s defensive frailties were easily exposed and they also badly missed the presence of the injured Erling Haaland in attack.
Liverpool, by contrast, had their talisman fit and firing as Salah took his staggering tally this season to 25 goals and 16 assists in 27 Premier League appearances.
The Egyptian fired the visitors in front on 14 minutes thanks to a brilliantly executed set-piece routine.
Alexis Mac Allister’s corner was flicked by Szoboszlai into Salah’s path and his shot deflected off Nathan Ake past the despairing dive of Ederson.
At the other end, City’s own Egyptian international showed his ability to finish, but Omar Marmoush had strayed offside before being played in by Phil Foden.
City winger Jeremy Doku was skipping past Trent Alexander-Arnold at will, yet the Belgian consistently failed to deliver a telling cross or shot.
Salah was not so forgiving as he raced onto a long ball over the top and teed up Szoboszlai to wrong-foot Ederson.
The final outcome could have been much more humiliating for City had Liverpool had been as accurate on the counter-attack after the break.
Curtis Jones had a third goal ruled out by a VAR review for offside after Szoboszlai just failed to time his run through the heart of the City defence.
Ederson was forced into a stunning save from Luis Diaz and only a brilliant last-ditch tackle from Abdukodir Khusanov denied Szoboszlai a second.
Marmoush scored a hat-trick in last weekend’s 4-0 win over Newcastle and remained a lively threat as he flashed another effort across the front of Alisson Becker’s goal.
But City lacked the end product to make nearly 70 percent possession count.
Despite an eighth league defeat of the season, Guardiola’s men remain in fourth and will be confident of securing their place in the Champions League next season with a top-five finish likely to be enough.
However, after an unprecedented run of four consecutive titles, City look like yesterday’s team with Liverpool now champions in waiting.
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