Access Holdings appoints Bolaji Agbede as Wigwe’s successor

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The Board of Directors of Access Holdings Plc on Monday announced the appointment of Bolaji Agbede as the Acting Group Chief Executive Officer. This announcement came following the death of the firm’s former Group Chief Executive Officer, Herbert Wigwe, who died on Friday in a helicopter crash. Wigwe died alongside his wife, son, and a former chairman of the Nigeria Exchange Group, Abimbola Ogunbanjo, in a helicopter crash in California near the Nevada border, United States of America. Wigwe was appointed Access Holdings GCEO on March 28, 2022. Prior to…

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Table, sachet water producers close shop in Enugu over unbearable production cost

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In a statement issued by the Chairman of the Association of Table Water Producers (ATWAP), Enugu chapter, the association says its members will shut down and suspend production in all water producing factories in Enugu State due to unbearable high cost of production. The statement was signed the Chairman of ATWAP, Enugu State Chapter, Mr Tony Edike, and its State Secretary, Sir Clems Nwamadi, on Sunday in Enugu. The statement was issued after members of ATWAP Enugu State Chapter held an emergency meeting in Enugu on Feb. 8, 2024, on…

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Four herders killed in Ogun

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Four persons have allegedly been killed while one other was said to have escaped death as unknown persons reportedly abducted five men in Oke Irinja, Owode Yewa, Ogun State. It was gathered on Sunday that the quartet of Adamu Saliu, 21; Aliu Babuga, 24; Dairu Salihu, 32; and Mohammed Abdulai, 35, were the victims of Saturday’s incident. A police source revealed that the four herders were abducted in a bush in the community. The police source said the dead bodies of the victims were found with ropes tied around each…

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Terrorists’ drug supplier arrested by NDLEA, 7.6 tons of illicit drugs intercepted

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A 42-year-old man taking thousands of concealed opioid pills to insurgents’ enclave in the Banki area of Borno State has been arrested by operatives of the National Drug Law Enforcement Agency, NDLEA. The anti-narcotics agency also arrested a six-month pregnant lady; and a mother of three children and three other women for drug trafficking, in major interdiction operations carried out by its operatives. This was as the agency seized over 7,609 kilograms of assorted illicit drugs in eight states. The spokesperson for the NDLEA, Femi Babafemi, revealed the developments in…

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Cote d’Ivoire wins AFCON

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Two second-half goals from Franck Kessie and Sébastien Haller cancelled out William Troost-Ekong’s first-half opener as hosts Ivory Coast beat Nigeria 2-1 to win the 2023 Africa Cup of Nations on home soil on Sunday. After a disastrous group stage that almost saw the Elephants eliminated and only managed to qualify after picking the last best losers slot, with coach Jean-Louis Gasset sacked, it was all worth it for a night that will live long in the memory of Ivorians. The victory means the Elephants have won the AFCON for…

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Discos overbilled 7.1million customers in nine months – FG

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An analysis of the latest monthly number of overbilled customers has revealed that power distribution companies overbilled about 7.1 million unmetered electricity consumers between January and September 2023. In the various Regulatory Interventions for Non-Compliance with the Order on Capping of Estimated Billing to Unmetered Customers, issued to the 11 Discos by the Nigerian Electricity Regulatory Commission, an agency of the Federal Government, it was established that the power distributors raked over N105bn as a result of over-billing. Figures computed indicated that Yola Disco overbilled about 42,902 customers to the…

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Rain, wintry weather responsible for crash – US authorities

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The United States authorities said rain, wintry weather could be responsible for the crash in the helicopter that claimed the lives of Herbert Wigwe, Group Chief Executive Officer, Access Bank Plc, his wife and son, including Abimbola Ogunbanjo, immediate past Chairman, Nigerian Exchange Group Plc. Speaking during a media briefing Saturday (3am Nigerian time, Sunday), a National Transportation Safety Board member, Michael Graham, said officials were on the scene to gather perishable evidence. Graham said the team was “methodically and systematically reviewing all evidence” and considering all potential factors to…

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Access Bank CEO, Herbert Wigwe, others, dies in U.S. plane crash

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A chopper transporting the CEO of Access Bank and Access Holdings, Herbert Wigwe, and about five others aboard has crashed in California, United States. The chopper, identified as a Eurocopter EC 130, was headed to Las Vegas when it crashed last Friday night near Nipton, between Nevada and California. The United States Federal Aviation Administration (FAA), in a statement, yesterday, confirmed that all onboard are dead. The FAA said no survivors had been found as of yesterday. “We were made aware of a downed aircraft at approximately 10:12 p.m., on…

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Nigerians lament as rice hits N77,000 per bag

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The unprecedented increase in the prices of commodities in Nigeria has caused nationwide hardship, with residents of some major cities taking to the streets to register their grievances. Families have had to adopt bizarre cost-cutting measures to cope with the recent hardship occasioned by the dramatic hike in the prices of goods and services. Several of them lamented that their income could no longer take care of their daily needs, adding that the prices of staples had almost tripled in the market. Rice, which is arguably one of the commonest…

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Man kills wife, commits suicide in Ondo

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Sesan Adelabu, a socialite and businessman in Ondo State, has reportedly committed suicide after killing his wife in Akure, the state capital. Details of the incident remained sketchy, but unconfirmed sources allege that the socialite caught his wife in bed with one of his security guards. The victim reportedly macheted his wife to death and, after that, committed suicide by drinking sniper, an insecticide. It was gathered that the ugly incident occurred at his Alagbaka GRA residence in Akure metropolis. His wife’s lifeless body was left on their marital bed,…

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