NEWS
NGX Group Mourns Loss Of Former Chairman, Ogunbanjo
. . . Commiserates With The Wigwe Family
The Nigerian Exchange Group Plc (NGX Group) is deeply saddened to acknowledge the tragic passing of its former Group Chairman, Bamofin Abimbola Ogunbanjo, and the Group Managing Director of Access Holdings Plc, Dr. Herbert Wigwe, along with his wife and son, in a helicopter accident in the United States of America.
This was communicated in a statement from the NGX in Lagos on Sunday.
It stated, “Bamofin Abimbola Ogunbanjo, a visionary leader and luminary in Nigeria’s corporate legal and capital market spheres, served as the President of the National Council of the Nigerian Stock Exchange (NSE) from 2017 to 2021 and as the first Group Chairman of NGX Group from 2021 to 2022, following the demutualization of the Exchange.
“His strategic acumen and dedication were instrumental in shaping NGX Group’s transformative journey.”
Group Chairman, NGX Group, Umaru Kwairanga, expressed his heartfelt condolences, thus, “NGX Group mourns the untimely departure of Bamofin Abimbola Ogunbanjo and Dr. Herbert Wigwe, along with his wife and son.
“Bamofin Ogunbanjo’s leadership has left an indelible mark on our organization and the broader Nigerian financial community, and his legacy will continue to inspire us.
“Dr. Wigwe also leaves an unblemished footprint in our private sector. Our thoughts and prayers are with their families during this difficult time. May their souls rest in peace and may the Almighty comfort their families”.
On his part, Group Managing Director/CEO, NGX Group, Temi Popoola, added, “The passing of Bamofin Ogunbanjo is a profound loss for NGX Group and the entire Nigerian private sector. He played a crucial role in shaping NGX Group, and while he will be sorely missed, his visionary leadership and impact will never be forgotten.
“It is heartbreaking to learn that Dr. Wigwe, his wife and son also lost their lives in the accident.
“The contributions of these two respected leaders to the financial markets and the overall private sector will be remembered, and we are committed to preserving their legacy by upholding the principles of leadership, innovation, and dedication that they exemplified.”
Biztellers reports that beyond his role at the NGX Group, Ogunbanjo was a distinguished legal practitioner, having served as Managing Partner of Chris Ogunbanjo LP (Solicitors).
Similarly, he served on the boards of several multinational corporations and non-profit organizations including Beta Glass Plc and the Advisory Board of the University of Buckingham Centre for Extractive Studies.
He also served on the Board of GTL Registrars Limited, AIICO Insurance Plc and ConocoPhillips Limited amongst others.
His contributions to the legal profession and corporate governance were exemplary, earning him widespread respect and admiration.
NEWS
Oyo Demolishes Kidnappers’ Hideout After Dramatic Rescue of Adelabu’s Sister, Nephews
The Oyo State Government has demolished a building used as a hideout by kidnappers who abducted the younger sister of former Minister of Power, Adebayo Adelabu, and her two children.
The structure, located in the Lakoun community along the Ayegun-Olojuoro Road in Ibadan, was pulled down on Monday following the successful rescue of the victims during a security operation over the weekend.
Mrs. Olaide Adegoke John-Paul, Adelabu’s younger sister, and her 12-year-old twin sons were reportedly held captive in the building before they were freed by security operatives.
SEE MORE: Gunmen Abduct Ex-Minister Adelabu’s Sister, Twin Sons in Ibadan
Confirming the demolition, Oyo-based media platform Oyo Affairs shared a video of the exercise on X, stating, “The Oyo State Government has demolished kidnappers’ den at Lakoun, Ayegun-Olojuoro Road, Ibadan, where the sister of former Minister Adebayo Adelabu and her children were held captive.”
The demolition followed a security assessment of the site led by the Oyo State Commissioner of Police, Oluwagbemiga Abimbola, on Sunday.
Another local news platform, Oyo Matters, also posted photos and videos of the operation, writing, “Oyo Government Demolishes Building Used as Kidnappers’ Hideout in Adelabu Family Abduction, Levels Property to the Ground.”
The government’s action comes days after a coordinated rescue mission that led to the safe recovery of the victims and a major breakthrough in the investigation.
During the operation, two members of the kidnapping syndicate were killed in a gun battle with security personnel, while four other suspects were arrested and later paraded at the Oyo State Police Headquarters in Eleyele, Ibadan.
Security authorities have urged residents to remain vigilant and promptly report any suspicious movements or information that could lead to the arrest of other fleeing members of the gang.
The demolition is widely seen as part of the Oyo State Government’s efforts to dismantle criminal networks, deny kidnappers safe havens, and strengthen security across the state.
The dramatic rescue and subsequent demolition have drawn widespread attention, with many residents applauding the government’s swift response to the high-profile abduction case.
NEWS
‘Enough Is Enough!’ — NLC, TUC Threaten Nationwide Strike Over Insecurity
The Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) have threatened to embark on a nationwide strike if the worsening insecurity across the country is not urgently addressed.
The labour unions issued the warning during a joint media briefing held on the sidelines of the 114th International Labour Conference in Geneva, Switzerland.
Expressing concern over the rising cases of terrorism, banditry, kidnappings, and violent attacks in several parts of the country, the labour leaders said Nigerians can no longer continue to live in fear while carrying out their daily activities.
ALSO READ: Unstable Naira Makes ₦1m Salary Worthless — NLC
The unions warned that if the security situation continues to deteriorate without decisive government intervention, organised labour may be left with no choice but to mobilise workers for industrial action nationwide.
According to the labour leaders, the persistent attacks on communities, commuters, farmers, and workers have reached an alarming level, requiring urgent and coordinated action from all levels of government.
“Enough is enough,” the labour centres declared, stressing that the protection of lives and property remains one of the fundamental responsibilities of government.
The NLC and TUC also used the opportunity to dismiss claims by some state governors that negotiations were ongoing with workers on a proposed ₦100,000 minimum wage.
They insisted that such claims do not reflect the current state of discussions on workers’ welfare and cautioned against giving the public a misleading impression about ongoing engagements with organised labour.
The unions reaffirmed their commitment to defending the interests of Nigerian workers and called on the Federal Government to take immediate and effective measures to tackle insecurity across the country.
They warned that failure to halt the rising wave of violence and criminality could trigger nationwide industrial action in the coming weeks.
NEWS
‘Crime Has No Tribe’ — Obi Defends Fulani, Condemns Ethnic Profiling
Former presidential candidate Peter Obi has cautioned Nigerians against linking criminal activities to any ethnic group, warning that such generalisations promote division and weaken national unity.
Obi made the remarks in a statement posted on his verified X account on Monday, expressing concern over what he described as a growing tendency to stereotype entire ethnic communities because of the actions of a few criminal elements.
SEE ALSO: 2027: Oborevwori, Omo-Agege Trade Fresh Blows Over Tinubu, Obi Endorsements
The former Anambra State governor said he could identify with the experiences of many Nigerians who have faced prejudice and discrimination based on their ethnic origins, stressing that people should be judged by their character rather than their tribe.
“As an Igbo man, I have endured stereotypes, judgment, and labelling solely based on my ethnic origins. This is not an isolated Igbo experience. Most Nigerians have, at some point, been reduced to their ethnicity rather than recognised for their true character,” Obi stated.
He noted that ethnic stereotyping is a challenge faced by people across the country and should not be encouraged under any circumstance.
Obi specifically spoke about the plight of ordinary Fulani people, saying many of them are unfairly judged and blamed for crimes committed by individuals who neither represent nor have any connection to them.
“I understand the pain of the ordinary Fulani man today, often unfairly judged by the actions of criminals he does not support, has never met, and who are not representative of his people,” he said.
Drawing parallels with the civil rights movement in the United States, Obi referenced the words of renowned civil rights leader Martin Luther King Jr., who advocated for a society where individuals are judged by the content of their character rather than by their identity.
According to Obi, criminality is an individual act and should never be viewed as a characteristic of an entire ethnic group.
“Crime has no ethnicity. A thief is a thief. A terrorist is a terrorist. A kidnapper is a kidnapper. They are bad actors, not representatives of any people,” he declared.
The former governor urged law enforcement agencies to remain focused on identifying, arresting and prosecuting criminals without attaching their actions to entire communities.
“They must be identified, arrested, and punished according to the law. We must decisively abandon the dangerous practice of blaming entire ethnic groups for the actions of a few criminals,” Obi added.
He warned that ethnic profiling only deepens social divisions, breeds mistrust among citizens and creates opportunities for political actors to exploit differences for personal gain.
Obi further called on Nigerians to embrace the country’s diversity and focus on shared values that unite the nation rather than stereotypes that divide it.
According to him, Nigeria’s strength lies in its diversity, and citizens must work together to build a society founded on fairness, justice and mutual respect.
“A new Nigeria must emerge—one where no citizen is condemned because of tribe, religion, or birthplace,” he said.





