NEWS
Popoola elected ASEA executive committee member
The Nigerian Exchange Limited (NGX) has announced that its Chief Executive Officer, Temi Popoola, has been elected to the Executive Committee of the African Securities Exchanges Association (ASEA).
This was contained in a statement electronically transmitted to Biztellers on Thursday, in which it averred that Popoola’s election was at ASEA’s Annual General Meeting and Conference in Abidjan, Cote D’Ivoire on December 7, 2022.
Part of the statement read: “ASEA, the continent’s prime association of securities exchanges was established in 1993 with the mandate to develop its members’ markets, promote the capital market business and provide a platform for networking.
“At the association’s Annual General Meeting and Conference in Abidjan, Cote D’ Ivoire on 7 December 2022, Popoola was elected into the executive committee in a process that saw the Chief Executive Officer of the Botswana Stock Exchange, Thapelo Tsheole and the Chief Executive Officer of the Rwanda Stock Exchange, Pierre Celestine Rwabukumba also elected as President and Vice President of ASEA respectively.
“Popoola appreciated the representatives of the member exchanges for their confidence in selecting the committee members and thanked the immediate past president, Dr Edoh Kossi Amenounve for his service to the association.”
The statement quoted Popoola thus: “I also appreciate the Group Chief Executive Officer of Nigerian Exchange Group Plc, Mr Oscar N. Onyema OON for his support during my election to the committee and his efforts on ASEA’s initiatives during his time as leader of the association.
“As the president of ASEA between 2014 and 2018, he championed the initiation and development of the African Exchanges Linkage project which is now being officially launched and will aid the pooling of liquidity across exchanges on the continent.
Popoola added, “ASEA as the premier association of securities exchanges in Africa is tasked with the duties of promoting the capital markets of its members at the global level and foster capital inflows into Africa capital markets. At NGX, we will continue to collaborate with other ASEA members on the development of our markets, intelligence and data sharing, and join in advocacy efforts.
“I am confident that the committee will continue to advance the pan-African agenda, enhance sustainability and capital mobilisation efforts and drive continent-wide financial inclusion for the development of our continent.”
NEWS
JUST IN: Atiku Set to Address World Press Conference in Abuja
Former Vice-President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, is set to address a world press conference at his residence in Abuja on Friday.
The specific reason for the media briefing has not been disclosed as of the time of filing this report.
SEE ALSO: Mambilla: ICC Orders Sunrise Power to Pay Nigeria $11.8m After 9-Year Battle
Atiku’s planned engagement comes amid several developments attracting public attention, including a recent report from TheCable concerning a $500,000 payment allegedly transferred in 2003 to his former wife, Jennifer Douglas, by Leno Adesanya, promoter of Sunrise Power and Transmission Company Limited.
TheCable reported that Adesanya told an international arbitration tribunal that the payment was part of a foreign-exchange transaction carried out for Atiku.
The report further stated that the payment was made through China Castle Investments Limited, an offshore company controlled by Adesanya.
The development comes shortly after an International Chamber of Commerce (ICC) tribunal ruled in favour of Nigeria in the $2.35 billion arbitration dispute brought by Sunrise Power over the Mambilla hydropower project.
The tribunal also ordered Sunrise Power and its promoter to reimburse Nigeria for a portion of its legal fees and expenses.
However, there is currently no official indication that Atiku’s scheduled press conference is connected to the Sunrise Power report, the arbitration ruling or any other specific issue.
NEWS
‘No One Will Be Shielded’ — FG Vows Justice Over Death of 37 Miners
The Federal Government has assured Nigerians that no one found culpable in the deaths of 37 suspected illegal miners who died in the custody of the Nigeria Security and Civil Defence Corps (NSCDC) in Niger State will be shielded.
Minister of Information and National Orientation, Mohammed Idris, gave the assurance in a statement released on Friday while expressing the Federal Government’s condolences to the Niger State Government, the families of the deceased and the people of the Wushishi community.
The deaths occurred following the arrest of the suspected illegal miners during enforcement operations against illegal mining activities in the Wushishi/Lukoto axis of Niger State.
ALSO READ: 37 Miners’ Deaths: Interior Minister Arrives Minna, Set to Inspect Detention Centre
Idris said the circumstances surrounding the deaths require a thorough, transparent and impartial investigation, stressing that the government’s responsibility is to establish the facts and ensure justice is served.
The Minister of Interior, Olubunmi Tunji-Ojo, had ordered the suspension of the Niger State Commandant of the NSCDC, Suberu Siyaka Aniviye, and directed a full investigation into the incident.
“The swift action taken by the Honourable Minister of Interior underscores the seriousness with which the Federal Government views this matter,” Idris said.
He added that the investigation would be allowed to establish exactly what happened and that appropriate action would be taken based on its findings.
“There will be no attempt to shield anyone found culpable. At the same time, we mustn’t prejudge the outcome of the investigation. The Government’s responsibility is to ensure that the facts are established and that justice is served,” the minister said.
Idris stressed that while the Federal Government remains committed to combating illegal mining and other unlawful activities, enforcement operations must be conducted within the law and with respect for human life and dignity.
He appealed for calm in Wushishi and across Niger State, urging residents and other concerned parties to allow the investigation to proceed without interference.
The minister also assured the families of the deceased and the people of Niger State that the Federal Government shares in their grief and remains committed to fully establishing the circumstances surrounding the tragedy.
NEWS
37 Miners’ Deaths: Interior Minister Arrives Minna, Set to Inspect Detention Centre
Minister of Interior, Olubunmi Tunji-Ojo, on Friday arrived at the Niger State Government House in Minna following the deaths of 37 suspected illegal miners in the custody of the Nigeria Security and Civil Defence Corps (NSCDC).
The minister’s visit comes as pressure mounts on authorities to explain the circumstances surrounding the deaths of the detainees.
SEE ALSO: How Can 37 Suspected Illegal Miners Die in Gov’t Custody? Nigerians Demand Answers
Tunji-Ojo is expected to meet with officials of the Niger State Government as part of his visit to the state.
He is also expected to proceed to the detention centre where the suspected illegal miners were held before their deaths.
The incident has sparked public concern and protests in Minna, with residents demanding answers over the deaths of the detainees while in government custody.
The Federal Government has ordered an investigation into the incident, while the Niger State NSCDC commandant has been suspended pending the outcome of the probe.
Details shortly…….






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