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Heritage Bank’s premium customer services earn senior executives ICA awards

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Institute of Credit Administration (ICA) has conferred distinguished awards on two senior management executives of Heritage Bank Plc at the Nigeria Credit Industry Awards and Postgraduate School of Credit and Financial Management (PSCFM) graduation ceremony held at the weekend in Lagos.

The awardees are Mr. Jude Monye, an executive director of the bank who was awarded Credit Management Director of the Year and Mrs. Chinwe Ofulue, Regional Head who was recognised as Credit Relationship Director of the Year.

Besides this, Messrs Obioma Emenike, Group Head, Market Strategy, Heritage Bank; Imomoemi Ibisiki, Group Head, Legal Services, Heritage Bank were inducted as Fellows of ICA, Lilian Oyinlonye Agada, Head, Marketing/Team Lead, Commercial Banking, was inducted as Member, while Blaise Udunze, Media Relationship Officer of the bank was inducted as an Associate of the institute.

Commenting about the honour bestowed on the team, Monye, who also badged a Ph.D. in Credit Management, expressed gratitude for the recognition of the professional body of their commitment to efficient credit management in Heritage Bank.

According to him, the management at Heritage Bank does and will not go for anything less than premium service delivery for its teeming customers, who cut across different sectors of the aggregate economy.

Monye stated that the quality of banking and financial services that customers of Heritage bank are enjoying is second to none when compared to what is available at any other bank in the country.

He therefore used the opportunity to encourage credit managers in different industries not to look anywhere else beyond Heritage Bank for quality and efficient financial services. “In fact, what happened here today, is attestation to our professionalism and staff commitment to quality and efficient financial services”, he said.

In a keynote address titled, “Ministerial Review of Credit Management in the oil and gas industry in Nigeria;” the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu said the importance of effective credit management goes beyond sectors to business and individuals.

The minister who was represented by the Chairman of ICA, Dr. Adetunji Oyebanji remarked that the 2008 financial crisis showed how improper credit management in nation’s housing sector, spilled into individual lives of citizens of multiple countries, adding that the credit management performance of the Nigeria’s oil and gas industry has been noteworthy, with numerous projects in the petroleum value chain attaining completion without incidents of liquidity issues.

Kachikwu said the Federal Government has the responsibility of providing the empowering environment for Nigerian credit sources, adding that the focus areas of Short and Medium-Term Priorities to grow Nigeria’s oil and gas industry (tagged #7 BigWins) ranging from policy and regulation to business environment and investment drive to transparency and efficiency were aimed at providing suitable environment for these credit sources to develop.

He noted that it was imperative that credit providers carry out due diligence on prospective borrowers to minimize any credit defaulting issues that could arise further down the road.

Earlier in his address of welcome, the President of ICA, Dr. Oyebanji, said the institute has in collaboration with Postgraduate School of Credit and Financial Management (PSCFM) been in the fore front of endeavors geared towards building an enduring credit management culture in Nigeria through professional and academic development programmes leading to the award of degrees and certificates by accredited foreign universities.

“In driving this vision, PSCFM has built alliances with credible foreign institutions such as the London Postgraduate Credit Management College (LPMC), a renowned ASIC accredited UK credit management institution for the award of foreign degrees up to PhD level in credit management,” Oyebanji said.

He noted that a sound credit management advocacy remained one of the cardinal projects of ICA and called on conglomerates and blue-chip companies in the country to design policies that ensure quick payment of confirmed invoices from small and medium scale enterprises (SMEs).

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Olufemi Oluyede assumes office as acting Chief of Army Staff

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Major General Olufemi Oluyede has formally taken over as the Acting Chief of Army Staff in a handover ceremony held at the Defence Headquarters in Abuja on Friday.

The Defence Headquarters revealed this in photos from the ceremony shared on X.com.

The caption read, “Formal Taking Over Ceremony of the Acting Chief of Army Staff, Major General OO Oluyede.”

We had earlier reported that Oluyede would assume duties today (Friday).

He was appointed in an acting capacity by President Bola Tinubu on Wednesday, pending the return of the indisposed substantive COAS, Lieutenant General Taoreed Lagbaja.

Until his appointment, Oluyede reportedly served as the 56th Commander of the elite Infantry Corps of the Nigerian Army, based in Jaji, Kaduna.

The 56-year-old Oluyede and Lagbaja were coursemates and members of the 39th Regular Course.

Oluyede’s appointment came a few days after the Defence Headquarters stated that the appointment of an acting COAS was not recognised under the Harmonised Armed Forces Act.

However, a notice on Thursday, signed by Group Captain Chris Erondu on behalf of the Director of Defence Information, Brigadier General Tukur Gusau, stated that the handover ceremony would be held at the Defence Headquarters conference room at 10 am.

The Chief of Defence Staff, General Christopher Musa, was among those in attendance at the handover ceremony.

See photos below:

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Oyo Assembly Suspends LG Chairman Olusola Oluokun Who Praised Governor Makinde’s Godmother For Appointing Him

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The Oyo State House of Assembly has announced the suspension of Olusola Oluokun, Chairman of Oyo East Local Government after he publicly pledged his allegiance to Governor Seyi Makinde’s political ally, Senator Monsurat Aduke Sunmonu.

His suspension was pronounced on Thursday after the presentation of a Matter of Urgent Public Importance titled “Urgent Call For Full Investigation into the indecent attitude of the Chairman, Oyo East Local Government, Mr. Olusola Oluokun in a viral video online.”

Oluokun’s actions in the video were deemed unbecoming of an elected Local Government Chairman.

The House has therefore set up a committee to investigate the matter, pending which the Vice Chairman will act as Chairman.

The suspended council chairman, in a viral video, had thanked Senator Monsurat for her support in making him the local government chairman.

In the video, Oluokun was seen partially unclothed, eating while praising Aduke Sunmonu and cursing her enemies.

A source had informed us that Aduke Sunmonu allegedly served as a “godmother” to the Oyo State Governor Makinde.

The source had stated, “This is one of the reasons public officials don’t serve public interests, but rather the interests of themselves and those who put them in positions against popular wishes.”

The video had showed Oluokun eating half-naked and praising a political stalwart who helped him become chairman.

Oluokun said, “Who doesn’t know Aduke? Which lunatics don’t know Aduke? Anyone who doesn’t know Aduke will never truly know anyone until they depart this world.”

He continued, “Aduke, my helper, my benefactor. She appointed me as local government chairman and brought me abroad. If the world still exists and God is still on His throne, she will never witness sorrow in her life.”

“I’m grateful; my entire family is thankful to you. Love you, big mummy, love you deeply. I remain loyal till my last breath,” he said.

“Who among the foolish does not know Aduke? Who among the unfortunate does not know Aduke? They will soon realise,” he proclaimed.

“Aduke has done a great work, a good woman to the core, a true motherly figure. I’ve never seen this kind of motherhood in my life; nothing will harm your soul,” he added.

“You will continue to prosper; you and your children will never experience setbacks. They have already excelled and will continue to meet helpers until the end of time.”

“My Creator will indeed bless you for what you have done for me because I don’t know what else to say,” he added.

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NAFDAC Issues Public Alert On Nivea Deodorant Batch Recalled Over Harmful Chemicals

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The National Agency for Food and Drug Administration and Control (NAFDAC), has issued a public alert on the Nivea Roll-On deodorant recalled by the European Union Rapid Alert System for Dangerous Non-Food Products (RAPEX) Authorities over safety concerns.

The NAFDAC said that the recalled cosmetics is Nivea Black & White Invisible Roll-on deodorant, 50ml marked 48H Protection in African Climate with batch number: 93529610.

According to NAFDAC, the European Union (EU) Rapid Alert System for Dangerous Non-Food Products in Brussels recalled the product produced by Germany for containing a chemical prohibited in cosmetics because they are harmful to health.

“The recalled Nivea product is said to contain 2-(4-tert-Butylbenzyl propionaldehyde (BMHCA), a chemical prohibited in cosmetics products due to its ability to cause harm to the reproductive system, impairs the health of an unborn child as well as skin irritation and burns to users,” NAFDAC said.

 

The agency warned, “Importers, distributors, retailers, and consumers are advised to exercise caution and vigilance within the supply chain to avoid the importation, distribution, sale, and use of the above-mentioned Nivea Roll-on with the affected batch.

 

“Members of the public in possession of the affected batch of product should discontinue the sale or use and submit stock to the nearest NAFDAC office.

 

“Healthcare professionals and consumers are encouraged to report adverse events experienced with the use of regulated products to the nearest NAFDAC office.”

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