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FirstBank appoints Olusegun Alebiosu as new MD/CEO
First Bank of Nigeria has appointed Mr. Olusegun Alebiosu as its acting managing director.
Alebiosu has been the bank’s executive director/chief risk officer since 2022.
He has been in the bank for nearly three decades, with expertise in credit marketing, trade, corporate and commercial banking, and credit risk management among others.
Alebiosu takes the crown from Adesola Adeduntan, who gave up the role abruptly on Saturday even though he was due to complete his tenure in December.
The decision to appoint Alebiosu was reached on Sunday after a Saturday board meeting of the bank could not resolve the controversy surrounding Mr Adeduntan’s resignation.
Alebiosu has core competence also in oil & gas, project financing, agriculture, shipping and aviation.
He completed his Bachelors in Industrial Relations and Personnel Management at the University of Lagos in 1990 after which he obtained a Masters in International Law and Diplomacy from the institution in 1997.
The new CEO started as a graduate at the defunct Oceanic Bank in 1991.
From 2006 to 2011, he served as the group head of credit policy and product programmes at the United Bank for Africa. He would later fill the role of chief credit risk officer at the continental development finance institution, African Development Bank, in 2011.
At Coronation Merchant Bank Limited, where he served until 2015, he similarly led the company’s risk management unit.
An alumnus of Harvard Kennedy School of Governance, Mr Alebiosu also holds a Master of Science degree in Development Studies from the London School of Economics.
He has been a chartered accountant for over two decades and now enjoys the status of fellow of the Institute of Chartered Accountants of Nigeria. He is an associate of the Nigeria Institute of Management, a member of the Chartered Institute of Bankers of Nigeria and a member of the Nigeria Institute of International Affairs.
Canadian Prime Minister Justin Trudeau is expected to step down as early as Monday.
Following reports, the Globe and Mail broke the story first on Sunday night, citing three sources.
It is unclear when Trudeau will step down, but it is anticipated to happen before a national caucus meeting on Wednesday.
Trudeau’s popularity is expected to decline in Canada as a result of a number of issues, including a housing crisis, a declining per-capita GDP, and high inflation.
As of December 24, his disapproval rate was approximately 68%, with only 28% of Canadians supporting him.
A bride-to-be identified as Nansik Dashe, reportedly ran away one day to her wedding in Plateau State.
The wedding between Nansik and Kapnan Daniel Ventur, was scheduled to be held on December 27, 2024, at COCIN LCC, NIMTIM, PIL Gani in Langtang North Local Government Area of the state.
It was gathered that Dashe disappeared on December 26, after developing cold feet, leaving the groom and family members stranded.
It was further learnt that her whereabouts is unknown.
By Kayode Sanni-Arewa
The club is exploring creative strategies to bring the Nigerian who’s on a season-long loan to Galatasaray from Napoli, to Old Trafford, which may include player exchanges to help offset costs.
According to Calciomercato journalist Daniele Longo, United’s recruitment team is working on a plan to negotiate a deal with Napoli that would allow them to pay less than Osimhen’s £62 million release clause.
This approach shows the club’s serious intent to strengthen their attacking options under new manager Ruben Amorim.
In a decisive move, United is reportedly considering the sale of Joshua Zirkzee to facilitate the transfer.
The Dutch striker, who has struggled to make an impact since his arrival last summer, could be used to raise funds and reduce the overall cost of the deal
However, Manchester United faces stiff competition for Osimhen’s signature, as Paris Saint-Germain has also expressed interest, adding urgency to United’s negotiations.
The interest from the French giants could potentially drive up Osimhen’s price and complicate United’s plans.
Currently on loan at Galatasaray, Osimhen has been in impressive form this season, scoring 12 goals in 15 competitive appearances.
His potential arrival at Old Trafford could provide the firepower that United desperately needs to climb up the Premier League table.
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