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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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Track and report abandoned constituency projects; we’ll prosecute -EFCC tells Nigerians

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The Economic and Financial Crimes Commission (EFCC) has urged Nigerians to track and report abandoned constituency projects, warning that those responsible will face prosecution.

This initiative aims to:

1. Promote transparency and accountability in public spending.
2. Ensure elected officials fulfill their campaign promises.
3. Combat corruption and embezzlement.

Nigerians can report abandoned projects through:

1. EFCC’s website
2. Social media handles
3. Toll-free hotline

Required information:

1. Project location
2. Contractor’s name
3. Contract sum
4. Status (abandoned, incomplete, or completed)

The EFCC will investigate and prosecute those found guilty of corruption, mismanagement, or embezzlement.

This move demonstrates the EFCC’s commitment to fighting corruption and ensuring public funds are utilized effectively.

 

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Regina Daniels Reflects on Her Life Journey

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Nigerian actress Regina Daniels has navigated beyond the controversy surrounding her marriage to billionaire and senator Ned Nwoko.

The mother of two recently shared captivating photos on Instagram, showcasing herself on a luxurious flight with her husband and their children.

In her post, she discussed the various activities that have been occupying her time. Regina highlighted that this constant movement is a defining aspect of her life, captioning her post:

“Story of my life – Always on the move.”

Photo source: Instagram

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#Endbadgovernance Protesters Face Trial For Treason, Court Hearing On September 11

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Justice Emeka Nwite of the Federal High Court in Abuja has ordered the remand of 10 #EndBadGovernance protesters in custody.

On Monday, nine male protesters were sent to Kuje Prison, while one female protester was remanded in Suleja Prison. The court has scheduled their trial and ruling on bail applications for September 11.

The protesters, who were arraigned on charges of treason, mutiny, and intent to destabilize Nigeria, include Michael Adaramoye (also known as Lenin), Adeyemi Abayomi, Suleiman Yakubu, Opaoluwa Simon, and Angel Innocent.

Others facing charges are Buhari Lawal, Mosiu Sadiq, Bashir Bello, Nuradeen Khamis, and Abdulsalam Zubairu. All 10 defendants pleaded not guilty to the six charges brought against them, which include conspiracy to commit felony, inciting mutiny, and waging war against the state—offenses punishable under Section 97 of the Penal Code.

The protesters are accused of attempting to intimidate President Bola Tinubu by allegedly attacking police officers, burning police stations, and damaging government and private property during the demonstrations.

The #EndBadGovernance protests, which took place from August 1 to 10, were sparked by widespread dissatisfaction with the government’s economic policies, including the removal of the petrol subsidy and the unification of forex windows.

The protesters also called for measures to address food shortages, unemployment, and government waste, as well as reforms of the Independent National Electoral Commission (INEC) and the Economic and Financial Crimes Commission (EFCC).

Responding to the arraignment, Amnesty International Nigeria Director Isa Sanusi condemned the trials as “sham” and called for the immediate release of the detained protesters.Sanusi criticized the government for prioritizing the punishment of protesters over investigating the deaths of several demonstrators across various states, including Kano, Katsina, and Maiduguri, during the protests.

The police reported seven deaths related to the protests but denied that security forces were responsible for any of the fatalities.

 

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