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A life of purpose and leadership: Celebrating the legacy of AFRIMA’s Vice President, Modupe Temitope Dada

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3 months ago

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Late Modupe Temitope Oriyomi Ige Dada will forever be remembered as a beacon of selflessness, compassion, and dedication. She lived a life of purpose, both professionally and personally. As a highly accomplished investment banking professional with over two decades of experience, Modupe touched countless lives through her work and her enduring spirit of service.

 

 

 

She was a woman of remarkable grace, strength, and immeasurable faith. Modupe was not only a dedicated professional but also a loving and caring wife, a nurturing mother, and a source of compassion for many.

 

 

 

Her life was defined by her deep commitment to relationships—whether as a friend, colleague, or family member. She had an innate ability to connect with others, always extending a helping hand, a listening ear, or comforting words to those around her.

 

 

As a wife, Mrs Dada embodied the true essence of love, submissiveness, and partnership. She was a supportive spouse, standing beside her husband, Mike Dada, in every endeavour. Mike Dada is the President and Executive Producer, All Africa Music Awards (AFRIMA) in partnership with the African Union, a global music award institution and the Managing Director of PRM Africa Marketing and Communication Limited as well as a lawyer and techpreneur.

 

 

 

Her home was built on a foundation of mutual respect, love, and faith. Modupe’s commitment to her family was steadfast, and she played an important role in nurturing and guiding her children, instilling in them the same values of love, service, and compassion that she lived by.

 

 

 

Known as a perfomer,Modupe excelled as a banking expert, recognized for her strategic leadership and operational excellence. At the time of her passing, she was serving as the Branch Manager at Fidelity Bank PLC, a position she assumed in September 2024. In a short period, she demonstrated her exceptional talent for turning around loss-making branches into profit-generating entities, a skill she had developed throughout her distinguished career.

 

 

 

Modupe’s journey began humbly as journalist with the Nigerian Tribune. After a brief stint as a Marketing Manager at My Phone Nigeria Ltd and serving as the Protocol Manager for the All Africa Games (COJA’03) in Abuja, she ventured into the banking sector. Her banking career started at the now-defunct Pacific Bank Ltd as a Customer Service Officer from 2004 to 2005.

 

 

 

In October 2005, Modupe became a cash officer at Unity Bank Plc, where she supervised the daily activities of cashiers and ensured compliance with cash limits.

 

 

 

Her operational expertise led to her promotion in December 2009 to Head of Operations at Unity Bank Plc, a position she held until March 2012. In this role, she ensured sufficient cash was available in the vault, managed cash limits for cashiers, and collaborated closely with commercial and consumer banking teams to develop value-chain marketing strategies for potential clients.

 

 

 

In February 2013, Modupe joined Keystone Bank Limited as a relationship manager for commercial banking. She played a vital role in formulating and implementing strategies for acquiring and retaining accounts across various sectors. Her efforts helped the branch achieve established goals and consistently meet performance targets.

 

 

 

Her dedication and outstanding performance resulted in her appointment as Branch Manager of Commercial Banking at Keystone Bank in October 2013, a position she held until June 2024. During her tenure, she demonstrated remarkable leadership by transforming two loss-making branches into profitable ones within just three months. She led initiatives to increase deposit positions, created quality risk assets, and provided overall team leadership to ensure the branch consistently met its financial targets.

 

 

 

In June 2024, Modupe was appointed as Sector Head for Private Banking (UHNI) at Keystone Bank, where she managed relationships with ultra-high-net-worth individual clients, offering customized financial solutions tailored to their unique needs.

 

 

 

She held this role before later joining Fidelity Bank PLC, where she served until her passing.

 

 

 

Her leadership was not solely about achieving numbers; it focused on fostering a culture of efficiency, team collaboration, and effective risk management. Under her stewardship, branches that were once struggling flourished, and her team thrived under her guidance.

 

 

 

Beyond her professional achievements,like her husband, Mrs. Dada was a lifelong learner. She earned an MBA in Marketing from Lead City University, along with a Postgraduate Diploma from Lagos State University. Her academic journey also included an HND in Mass Communication from The Polytechnic Ibadan,an OND from Ogun State Polytechnic, complemented by numerous professional certifications. Modupe’s relentless pursuit of knowledge led her to complete the Senior Management Programme at Lagos Business School and the Associate Chartered Banker Programme at the same institution. She is also an Associate Chartered Banker (ACIB).She was expected to conclude her Doctor of Business Administration (DBA) program in November 2024 before she passed on in October 2024.

 

 

 

She held certifications in Money Laundering Prevention & Compliance, the Terrorism Finance Act, Export Trade Training on Learning Management Systems (LMS), Cluster Compliance Training on the CBN Dollarization Policy, and Customer Due Diligence in Digital Banking, among others.

 

 

 

Mrs. Dada was more than just a leader; she was also a mentor, a team player, and a resilient goal-getter. Her strong communication skills, high sense of fashion,creative thinking, and global business mindset endeared her to both colleagues and clients. She was passionate about excellence and driven by the desire to contribute to the well-being of others.

 

 

 

Outside of banking, Modupe found joy in reading, traveling, fashion,helping others and learning. Her curious mind was always exploring new ideas and ways to improve both herself and her environment. She embodied grace, good character,resilience, and determination—qualities that made her an inspiration to many who crossed her path.

 

 

 

Not only was she an exemplary professional, but she was also a devoted lover of Christ who served God passionately throughout her life. Her faith guided her actions, decisions, and relationships, consistently embodying Christian values both at home and in her career.

 

 

 

Born on May 5, 1976, in Ijebu-Ode, Ogun State, Modupe took great pride in her roots. Her passing is a profound loss to all who knew her, but her legacy will live on through the institutions she helped build, the people she mentored, and the countless lives she touched throughout her career.

 

 

 

As we remember, Modupe Temitope Dada nee Baruwa, we honour not only her contributions to the banking industry but also her spirit of excellence, compassion, and dedication to making a difference. She was, and will always remain, a shining example of what it means to lead with purpose, integrity, and heart. May her soul rest in peace.

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Society

Oniru confers chieftaincy titles on Smith, Idowu, Olorunnimbe, Akintoye others

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2 hours ago

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January 20, 2025

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The Oniru of Iru-land, His Royal Majesty Oba Abdul-Wasiu Omogbolahan Lawal CON [Abisogun II] has announced the conferment of honourary chieftaincy titles on eminent and distinguished citizens of Nigeria.

 

The revered monarch unveiled the shortlist of recipients as part of activities to mark the fifth anniversary of his peaceful reign on the revered throne.

 

Among the esteemed honourees are Iya Oba of Iru Kingdom – Chief (Mrs) Basira Titilayo Smith, Aare Majeobaje of Iru Kingdom – Chief Adeyemi Idowu, Aare So’ludero ofIru Kingdom- Chief Muyiwa Gbadegesin, Ph.D and Erelu Asa of Iru Kingdom – Chief (Mrs) Bolane Austen-Peters, Aare Fiwagboye of Iru Kingdom – Chief Lukman Olayiwola Mustapha, Asoju Oba of Iru Kingdom- Chief Idris Ibikunle Olorunnimbe and Ajiroba ofIru-Kingdom- Chief Adegboyega Hakeem Akintoye.

 

While extending congratulations to the distinguished honourees on behalf of His Majesty and the Oniru-in-Council, High Chief Abayomi Daramola, Balogun of Iru-Land, in a statement revealed that the conferment of titles will be performed on 14th June, 2025 at the palace (Aafin Oba Oniru), Victoria Island, Lagos.

 

The statement read in part, “to mark the fifth-year anniversary of his ascension to the revered throne of his forebears as the 15th Oniru of Iru-land and after a rigorous selection process, His Royal Majesty Oba Abdul-Wasiu Omogbolahan Lawal CON [Abisogun II] – The Oniru of Iru-land upon the recommendation of the Oniru-in-Council, has issued a Royal Decree approving the conferment of respective honouray Chieftaincy titles on the underlisted eminent and distinguished citizens.”

 

 

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Society

‘Not My Property’ – Ex-Petroleum Minister, Diezani Exposes Owner Of Recovered $52.8 Million Loot

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15 hours ago

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January 20, 2025

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Nigeria’s former Minister of Petroleum Resources, Diezani Alison-Madueke, has clarified that she is not connected to the $52.5 million that was recently brought back to the country from the United States of America (USA).

Society Reporters recalls that the federal government on Friday, January 10, announced the receipt of $52.88 million in recovered Galactica assets linked to the former Minister of Petroleum.

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, announced the recovery during a formal signing ceremony of the asset return agreement in Abuja.

Fagbemi explained that $50 million of the recovered funds would be channelled through the World Bank for the development of rural electrification projects.

The remaining $2.88 million, he added, would be allocated to the International Institute of Justice to enhance the justice system and support anti-corruption initiatives.

However, in a statement issued on Sunday, Diezani, who has been residing in the United Kingdom (UK) since departing from Nigeria, asserted that the funds associated with her in the media as illicit gains actually belonged to Nigeria’s oil entrepreneur, Kola Aluko.

Finally responding to the alleged recovery through her attorney, Mike Ozekhome SAN, Diezani maintained that the term “Diezani Loot” is unfounded, as she had no involvement in the circumstances surrounding the forfeiture of the funds by its rightful owner.

Expressing her stance, the former minister stated that the $52.5 million originated from a vessel that was confiscated by the American authorities from Kola Aluko, which was subsequently sold, with the proceeds returned to the Nigerian federal government.

Her disavowal of ownership over the funds was detailed in an extensive press release issued on Sunday by the Chambers of Mike Ozekhome SAN, titled “There is no such thing as Diezani Loot.”

The statement reads: “My chambers makes this intervention in the public domain as Solicitors to Diezani Alison-Madueke (DAM) ,the former Minister of Petroleum Resources, HMPR.

“As her Solicitors, we are fully versed in and conversant with her present ordeal and the entire facts surrounding her matters both here in Nigeria and abroad. So, we write from the vantage position of one that is aware of the cocktail of lies that have been spurned around her cases in the last ten years.

“Many of the narratives are outrightly false; some others sheer outlandish speculations; and most, simply bizzare stories cooked up by her traducers to extract a Shylock’s pound of flesh from her for reasons she does not know and cannot even fathom.

“This intervention therefore seeks to correct this skewed narrative and set the records straight for purposes of history. Many Nigerians often talk about wanting ‘technocrats’ to be involved in governance. They desire that people with character and integrity should join politics.

“We agree with them. However and regrettably too, now and again and many a time, the same people not only allow, but actually join the bandwagon to mob-lynch those who chose to serve the nation.

“And we often do this insidiously, covertly and overtly, even when there is no concrete or even any iota of proof that such public officers ever abused their offices or stole from public coffers.

“It is therefore surprising and of great concern to us, to see the level of sustained vilification of an innocent Nigerian citizen who has not yet been tried and found guilty of any offence known to law by any court of law whether in Nigeria or abroad. The person at the receiving end is Citizen Diezani Alison-Madueke (DAM).”

Mischievous And Cruel
The statement from Ozekhome’s office described the earlier claims about the asset recovery as misinformation and defaming.

It said: “We note with concern the recent deliberate attempt to link her with what has been described as a civil forfeiture of a yacht Galactica, the sale of which was said to have yielded $52.8m to the US government; which sum has since been repatriated to Nigeria.

This is a clear example of the mischievous and cruel sport of tarnishing the image of the lady through a bouquet of consistent, persistent and unrelenting cocktail of falsehoods and misinformation.

“The purveyors of this line of misinformation term it “name-and-shame”. To sell the storyline, the architects ensured they attached Diezani’s name to a recovered yacht which is not in any way linked to her.

“They now falsely termed it “Diezani loot”. Nothing of the sort ever happened. She was never involved in the purchase, use and sale of the said yacht.

“The yacht Galactica, from information readily available in the public domain and in open sources, was purchased by Mr Kola Aluko who had used the vessel until he agreed to its forfeiture to the United States of America.

“The yacht Galactica was neither owned nor ever used by our client. DAM has in fact never set her eyes on the yacht. Kola Aluko is an experienced businessman who had been in business well before DAM came into office as HMPR.

“The only tenuous basis for deliberately linking DAM to the said yacht is the false narrative that the Strategic Alliance Agreements (SAAs) which were entered into between Kola Aluko & Jide Omokore’s Atlantic Energy companies and NNPC, were allegedly corruptly awarded to the said companies by DAM. DAM was not the GMD of the NNPC as so did not and could not have awarded the said contracts.

“We plead, as her lawyers, with all and sundry that she be accorded fair hearing and that the process of these UK court proceedings be allowed to take their natural course to avoid prejudice to her in the ongoing subjudice UK proceedings against her.

”Those purveyors and peddlers who habitually spin these outrightly false, unfounded, defamatory, unintelligent and indefensible narratives to denigrate and humiliate her should please find better use of their time and leave DAM alone.

“Let the law take its natural course without interference. We humbly pray.”

 

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Society

Bisi Onasanya, ex FirstBank MD flees Nigeria to Ghana as EFCC closes in……

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2 days ago

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January 18, 2025

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Bisi Onasanya, the embattled former Managing Director of FirstBank has followed in the steps of Oba Otudeko, the former chairman of FBN Holdings and fled the country.
Onasanya who is expected to appear at the Federal High Court in Lagos on Monday January 20 to answer to the charges brought against him by anti-graft agency, the Economic and Financial Crimes Commission, EFCC, may likely be absent in court as he is currently holed up in Ghana in hiding.

He was spotted at Movenpick Hotel in Accra where he checked in at exactly 8 am on Friday morning.

Society Reporters had earlier reported that Onasanya will be arraigned before Justice Chukwujekwu Aneke for looting over N12.3 billion.

He will be arraigned alongside Otudeko, also the chairman of Honeywell Group who is equally on the run, as well as two others, a former board member of Honeywell Group, Soji Akintayo and a firm, Anchorage Leisure Limited connected to Otudeko.

The quartet committed fraud in tranches of N5.2 billion, N6.2 billion, N6.150 billion, N1.5 billion and N500 million, N6.2 billion and N2.09 billion between 2013 and 2014 in Lagos.

The 13-count charge, filed by EFCC counsel Bilikisu Buhari on January 16, 2025, further claimed that the defendants made and uttered forged documents to deceive the bank.

Specifically, count 1 accused the defendants of conspiring “to obtain the sum of N12.3 billion from FirstBank Limited on the pretence that the said sum represented credit facilities applied for by V-TECH DYNAMIC LINKS LIMITED and Stallion Nigeria Limited, which representation you know to be false.”

In Count 2, it was alleged that the defendants, on or about the 26th day of November 2013 in Lagos, “obtained the sum of N5.2 Billion from FirstBank Limited on the pretence that the said sum represented credit facilities applied for by V TECH DYNAMIC LINKS LIMITED which representation you know to be false.”

The 3rd count claimed that the defendants, between 2013 and 2014 in Lagos, obtained N6.2 Billion from FirstBank Limited on the pretence that the said sum represented credit facilities applied for and disbursed to Stallion Nigeria Limited, which representation you know to be false.”

In the 4th count, they were accused of conspiring to spend the N6,15 billion, out of the monies.

According to the Commission, the offences contravened Section 8(a) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006 and are punishable under Section 1(3) of the same Act.

Counts 5 and 6 read: “That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO AND ANCHORAGE LEISURE LIMITED on or about 11th day of December 2013 in Lagos, procured Honeywell Flour Mills Plc to retain the sum of N1,5 Billion, which sum you reasonably ought to have known forms part of proceeds of your unlawful activities to wit: Obtaining by False Pretense and you thereby committed an offence contrary to Section 18(c), 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.

“That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO, AND ANCHORAGE LEISURE LIMITED on or about the 17th day of December 2013 in Lagos, converted to the use of Honeywell Flour Mills Plc the sum of N500 million only which sum you reasonably ought to have known forms part of proceeds of your unlawful activities to wit: Obtaining by False Pretense and you thereby committed an offence contrary to Section 15(2 (b)) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.”

“That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO, AND ANCHORAGE LEISURE LIMITED on or about the 17th day of December 2013 in Lagos, converted to the use of Honeywell Flour Mills Plc the sum of N500 million only which sum you reasonably ought to have known forms part of proceeds of your unlawful activities to wit: Obtaining by False Pretense and you thereby committed an offence contrary to Section 15(2 (b)) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.”

The Street Journal

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