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GTBank CEO, Segun Agbaje Named 2016 African Banker Of The Year

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Foremost African financial institution; Guaranty Trust Bank plc has once again reaffirmed its position as a leading global brand with the recent recognition of its Managing Director/CEO; SegunAgbaje as African Banker of the Year during the 2016 African Banker Awards that took place on the sidelines of the AfDB annual meeting on Wednesday, 25th May, 2016 in Lusaka, Zambia

Now in its 10th year, The African Banker Awards is internationally recognized as the landmark finance event to reward achievements, commend best practices and celebrate excellence in African banking. The award provides a platform to bring together industry leaders from across Africa and celebrate the achievements of those driving economic growth in Africa.

Speaking at the exclusive Gala Dinner at the Intercontinental Hotel attended by over 400 financiers, business leaders, and influential personalities and policy makers, Omar Ben Yedder, Group Publisher of African Banker magazine said “Over the years, I have been privileged to honour some truly exceptional individuals who have left an indelible mark on the industry. Today, we honour a man – Mr. Segun Agbaje – who has redefined the African Banking landscape and built an institution that is Proudly African and Truly International. Since assuming office in 2011, Mr. Agbaje has led the bank to become one of the most profitable banks in Africa with a well defined CSR strategy that continues to give back to its host communities through its many philanthropy initiatives

Commenting on the award, SegunAgbaje, Managing Director/CEO of GTBank said “I am humbled and happy to be recognized as the African Banker of the Year. For me, winning this award for the second time in 5 years is a testament to a great team of passionate and committed people, spurred by a vision to create an oasis in Africa where things are done properly, in line with global best practices. He further added that “we remain resolute in our goal of building a franchise that is not just African but truly international. As a dynamic and driven team, we are determined to achieve more and consolidate our leading position in the banking industry by aggressively pursuing innovative solutions and maintaining a high standard in creating sustainable value for all stakeholders.

Under his leadership, the Bank has maintained its dominance of the industry by continually recording significant and enviable financial and non-financial performance. His profundity and vivid understanding of diverse financial landscapes has been critical in ensuring the Bank’s successful foray into various financial markets across West & East Africa while maintaining a presence in Europe through its UK Subsidiary. In due recognition of his visionary leadership, Mr. Agbaje is the recipient of several international accolades such as 2015 CEO of the Year from Finance Monthly, 2015 West African Business Leader of the Year from All Africa Business Leaders Award (AABLA) and 2015 Banker of the Year from World Finance.

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Mojisola Meranda Resigns as Lagos assembly speaker After Serving For 49 Days!

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Mojisola Meranda has resigned from her position as the Speaker of the Lagos State House of Assembly after serving for only 49 days.

 

Her resignation followed a meeting with several key figures, including Mudashiru Obasa, the former speaker embroiled in controversy, Cornelius Ojelabi, the chairman of the All Progressives Congress (APC), and Lawal Pedro, the Attorney-General of Lagos State.

 

More to come…

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Aisha Achimugu Wins Entrepreneur of the Year Award

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Aisha Achimugu, OFR, an Abuja-based businesswoman and Chief Executive Officer of Felak Concept Group, a firm that is into civil, structural and transportation engineering, is one of the highly respected employers of labour in the country.

 

Undoubtedly, the serial entrepreneur that deals in exploration, production and distribution of petroleum products, has made and continues to make huge contributions to the nation’s economy.

 

She has proved to be someone that matches street smartness with book wisdom.

 

Brick by brick, Achimugu has built a vast layout of opportunities for young Nigerians and has demonstrated that greatness can be earned through diligence and hard work, making her great impact in various sectors.

 

At different times, the Founder and President of SAM Empowerment Foundation has also been duly recognized for her industry and philanthropy within and outside the country.

 

Interestingly, last night Saturday March 1st, at the prestigious Eko Hotel and Suites, Victoria Island Lagos, family, friends and fans shared in the joy of the 51-year-old, who holds a degree in Accounting from the University of Jos and a Master’s in Business Management from the University of Belize, when she bagged the award of Entrepreneur of the Year at the Sun Newspapers Awards ceremony.

 

During the ceremony, many of the distinguished guests were said to have intoned that she would have also won an award for the Philanthropist of the Year, if there was such a category.

 

Indeed, she is not lagging behind in philanthropy, considering that her well documented humanitarian gestures had impacted millions of people and communities in Nigeria over the years.

 

The very elated woman posted on her social media, she acknowledged the award.

She wrote:

‘’The Sun Publishing Limited has proudly recognised me, as the Sun entrepreneur of the year, celebrating my outstanding contributions to business, leadership and social impact.

t’s such an honor to be recognized as The Sun Entrepreneur of the Year 2025

 

As a visionary leader and the President of Felak Group of Companies, I have consistently demonstrated excellence across multiple industries, including engineering, maritime, oil and gas, ICT, and development. My ability to drive innovation while maintaining integrity and business acumen has set me apart as a trailblazer in Nigeria’s entrepreneurial landscape.

 

My recognition is not only a testament to my business expertise but also to my commitment to national development. From my early academic pursuit as a pioneer in Nigeria’s maritime sector, I have made history as the first female transaction advisor for the Ibaka Seaport project. Additionally, my philanthropic efforts have impacted countless lives, reinforcing my dedication to uplifting communities through The Aisha Achimugu Foundation

 

The Board of Editors of The Sun Publishing Limited acknowledged my relentless drive, economic contributions, and unwavering commitment to excellence hence The Entrepreneur of the Year Award bestowed upon me

 

The award was formally presented to me at The Sun Awards 2026 in Eko Hotel, Lagos, on March 1, 2025, in the presence of industry leaders, dignitaries, and well-wishers.

 

Congratulations to myself and all recipients’’

 

In her younger days, she was the envy of some of her friends simply because she easily proved to have known her right from her left when some of them were still tied to their mothers’ apron strings.

 

Much later, when she floated her business, it took her little or no time to prove that she is indeed set out to pursue her dream on the global stage.

 

Though, it was considered an impossible task by some naysayers, she was determined to pursue her ambition of ruling the world with her unwavering doggedness.

 

Today, she rubs shoulders with other world-class and renowned business moguls as she has gradually built her career to the international stage.

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Elegushi to celebrate coronation anniversary with N200 Million Grant for SMEs, students

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In a remarkable show of commitment to community development and empowerment, the Oba Saheed Elegushi Foundation has announced a generous allocation of N200 million to support small and medium-sized enterprises (SMEs) and students in Eti-Osa area of Lagos State. This initiative coincides with the 15th anniversary of His Royal Majesty, Oba Saheed Ademola Elegushi, the Elegushi of Ikateland, who has dedicated his reign to fostering growth and prosperity within his community.

 

In press statement signed by the traditional ruler’s spokesperson, Temitope Oyefeso, he said the foundation’s initiative aims to provide financial assistance and resources to local entrepreneurs and students, helping to stimulate economic growth and enhance educational opportunities.

 

The funding will be distributed through various programs designed to support innovation, entrepreneurship, and academic excellence.

 

Oba Elegushi, who has been a pivotal figure in promoting sustainable development in his kingdom and Lagos State, expressed his deep commitment to uplifting the community.

 

“As I celebrate 15 years on the throne, I am continuing in the tradition of giving back to the society that has supported me. This initiative is a testament to my belief in the potential of our youth and the resilience of our entrepreneurs. Together, we can build a brighter future for our communities,” he stated.

 

This initiative not only marks a significant milestone in the Elegushi monarch’s reign but also reinforces the foundation’s commitment to driving positive change within its area of focus.

 

Oyefeso added that a planning committee, headed by lagos lawyer Dr Muiz Banire, is already working round the clock to ensure a successful celebration for the traditional ruler.

 

Other activities planned to celebrate the milestone anniversary, which holds from 18 – 27 April 2025, include the public presentation of a book on the history of Ikate-Elegushi kingdom, conferment of honorary chieftaincy titles on eminent Nigerians, as well as a cultural festival and an anniversary banquet.

 

Oba Saheed Elegushi was installed as the 21st Elegushi of Ikate kingdom on the 27th of April 2010.

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