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CIBN partners ACAMB on boosting positive image for banking sector, mulls establishment of Bankers Radio

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The President/Chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN), Dr. Ken Okpara, FCIB has said the Institute will partner the Association of Corporate Affairs Managers of Banks (ACAMB) to further project and protect the image of the banking sector in Nigeria. 

The CIBN boss explained that the partnership became necessary to further reposition and sanitise the banking industry as well as guard it against fraudsters who are tarnishing the names of  Deposit Money Banks (DMBs) in the country.

Okpara, who took over CIBN’s leadership on May 21, stated this on Wednesday when he played host to the executive committee of the Association of Corporate Affairs Managers of Banks (ACAMB) who paid him, the CIBN Council and Executive Management, a courtesy visit at Bankers House, Victoria Island, Lagos.

In his welcome address to the visiting ACAMB excos, Okpara acknowledged the symbolic relationship between the two professional bodies while calling for synergy between the duo to further reposition the banking industry for increased impact.

According to him, it is high time bankers took narrative of the developments in the industry by showcasing its strides and also reorienting the public on how to avoid fraudulent pitfalls in their daily banking transactions.

The CIBN President said to achieve this, the institute will partner ACAMB to explore running a specialised radio programme that will provide verified information and enlightenment to members of the public.

He stated further that the proposed radio programme will be owned by all the banks, thereby using it as a voice for continuous projection of their interests.

“The need to showcase the positive strides and image of the banking industry and the re-orientation of the public on this, is now paramount. We will have a forum to speak on and correct issues as they unfold through diiferent avenue including radio programmes. With that, we will be able to provide information, enlightenment, happenings in the industry, financial inclusion, financial literacy, cybercrimes, frauds, etc to the general public,” Okpara noted.

He disclosed that in the long run, the institute will consider the establishment of a Bankers’ radio station to the advantage of the banking public.

“Going forward, we would explore  the possibility of floating a Bankers Radio through the CIBN. This will provide continuous public enlightenment, Banker-Customer forum/platform, customers’ protection, consumer advocacy, etc.” he said.

Commending ACAMB as a worthy partner through the years, Okpara said the association has been living up to its expectation of projecting the banking industry positively despite the challenges.

He specifically appreciated ACAMB for the strong visibility support it gave the last Annual Banking & Finance Conference and ask for more for all the initiatives his administration will undertake. He also disclosed that the institute will be partnering ACAMB to host CIBN-ACAMB regular media engagement.

According to him, the engagement will help cover issues ranging from bank charges, malpractices, humongous profits and other issues of concern to the banking public.

“ACAMB has been wonderful with the projection of the Banking Industry nationwide, and due to this, we will be partnering with ACAMB to institute and host regular CIBN-ACAMB Media engagement.

“The media engagement will help cover all discussions on bank charges, malpractices, banks turnover components, contributions and other issues which are of concern to the people,” the CIBN boss explained.

While urging all the banks on the need to continue to work together and tackle issues as a team, Okpara said: “There is should be no demarketing, because what affects one, affects all”.

He implored ACAMB to continue to give their support to the Institute as well as the banking sector in general.

Responding on behalf of the excos, the ACAMB President, Mr. Rasheed Bolarinwa, affirmed the association’s strong commitment to the advancement of the institute and the banking sector at large.

He also availed the CIBN President of ACAMB’s forthcoming signature 1st National Stakeholders’ Conference between the Banking Industry and Organised Private Sector (OPS) slated for August 3.

According to him, the conference is aimed at developing a synergy between the two critical sectors to rebound the national economy.

Bolarinwa also thanked the CIBN boss for the institute’s support for ACAMB over the years and especially accepting to be a Guest Speaker at the forthcoming OPS Conference

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Kindness Defeats Witchcraft: Apostle Suleman’s Cross-Over Lecture at ‘Mercy Night’

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Evil is very much alive and well in this world. We are reminded of this fact as we see it play out almost often. Although evil occurs and serves as a stark reminder of the cruelty that exists within humankind, showing kindness can easily defeat evil acts, which is witchcraft, lectures popular servant of God and General Overseer of the Omega Fire Ministries (OFM) worldwide, Apostle Johnson Suleman.

 

At the ministry’s Cross-Over service on Tuesday 31st of December, 2024 tagged ‘Mercy Night’, the Restoration Apostle, ably present with his wife, Reverend Lizzy Suleman, warned us to “never avenge ourselves”. To the contrary, Apostle Suleman cautions; “do not be overcome by evil, but overcome evil with good”.

 

Usually, the natural response of man when he is hurt is to hurt back. But, Suleman says “God tells us something different”, quoting Romans 12:19–21: “Vengeance is mine, I will repay. If your enemy is hungry, feed him; if he is thirsty, give him something to drink; for by so doing you will heap burning coals on his head. Do not be overcome by evil, but overcome evil with good.”

 

According to the servant of God, not only should you refuse to take revenge, but you should intentionally do good to those who you would consider your enemies. Showing them love and kindness would so confuse and frustrate your enemy that the result would be them turning to God.

“If you want to see witchcraft being rubbished in your life, engage In kindness. To recover means to regaining possession. To recover means a comeback, the return of control. To recover means to improve and to become better. To recover is renewal,” Suleman teaches, suggesting that hate must not define us.

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Agbado Youths Celebrate Historic Succession, Rally Support for Prince Akintoye as King

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Agbado Community in Ogun State erupted in jubilation on December 27, 2024, as the youths led the town in a grand end-of-year celebration to honor the historic succession of the late patriarch, High Chief Anthony Kayode Akinrinade, by his son, Prince Akintoye Olusola Akinrinade.

The event marked a significant milestone in Agbado’s journey toward justice and stability following a prolonged Obaship crisis that stifled the community’s development for over three decades. The crisis, marked by legal battles and defiance of court orders with suit number CA/IB/75/2020, was recently resolved by the steadfast judgment of the Court of Appeal, Ibadan Division. The court ruled in favor of Prince Akintoye Olusola as the rightful successor, allowing him to continue the legal fight to restore order and dignity to Agbado.

 

For 35 years, Agbado thrived as a hub of agricultural trade and economic prosperity, with 147 villages under its jurisdiction. However, internal strife caused by selfish ambitions led to stagnation and disunity. The High Court delivered a landmark judgment five years ago, but resistance by a self-proclaimed monarch delayed the community’s progress.

On the 30th of October, 2024, the Court of Appeal officially recognized Prince Akintoye Olusola Akinrinade as the ‘Stand-In’ Plaintiff, a move that has rekindled hope for the community. This recognition also symbolizes a continuation of the legacy of the late High Chief Anthony Akinrinade, whose leadership was revered by all.

The festive event, organized by the Agbado Youth Forum, drew dignitaries, elders, chiefs, and community leaders. Baale Patoko, a key figure in the community, expressed optimism about the succession, stating, “The whole of Agbado strongly believes that by 2025, Prince Akintoye will be crowned king, bringing renewed peace and progress to our land.”

Pa Theophilus Amodu, a respected elder, praised Prince Akintoye’s exemplary character, noting, “He has taken after his father in good deeds and enjoys the trust and respect of the people.”

Mr. Amodu, President of the Agbado Youth Forum, echoed this sentiment, affirming the unwavering support of the youth for Prince Akintoye’s emergence as king. “His leadership will undoubtedly usher in peace, harmony, and development in Agbado,” he said.

The event concluded with renewed hope and determination among the people of Agbado, who are confident that Prince Akintoye’s ascension to the throne will mark the beginning of a new era for the community.

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Ex banker, Femi Olushakin, others arraigned for alleged armed robbery

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A former banker turned businessman, Olufemi Olalekan Olushakin alongside two others on Thursday were arraigned before the Chief Magistrate’s Court in Ibadan, Oyo State for alleged robbery.

Olushakin —now at large— and the two suspects — Ayomide Akanbi and David Adewale— were alleged to have conspired to commit felony to-wit armed robbery and thereby committed an offence contrary to and punishable under Section 6 (B) of the Robbery and Firearms (Special Provision) Act Cap RII Vol. 14 Laws of the Federal Republic of Nigeria 2004.

In the case with Charge number: MI/1672C (Commissioner of Police, Oyo State Vs. Ayomide Akanbi, M, 32 and David Adewole, M, 47): “Count 1: That you (1) Ayomide Akanbi ‘M’ (2) David Adewole ‘M’ and one Olusakin Olufemi Olalekan ‘M’ now at large on 13th December, 2024 at about 5:00pm at Global Signature Hotel, New Gbagi Road, Ibadan in the Ibadan Magisterial District did conspire together to commit felony to-wit Armed Robbery and thereby committed an offence contrary to and punishable under section 6 (B) of the Robbery and Firearms (Special Provision) Act Cap R II Vol. 14 Laws of the Federal Republic of Nigeria 2004.

“Count 11: That you (1) Ayomide Akanbi ‘M’ (2) David Adewole ‘M’ and one Olusakin Olufemi Olalekan ‘M’ now at large on the same date, time and place in the above Magisterial District while armed yourselves with guns and some other dangerous weapons did attack one Akinola Dare ‘M’ and also dispossessed him of cash sum of Two Million, One Hundred and Forty Thousand Naira (N2,140,000.00) only, property of Global Signature Hotel Limited and thereby committed an offence contrary to and punishable under Section 1 (2) of the Robbery and Firearms (Special Provision) Act Cap R II Vol. 14 laws of the Federal Republic of Nigeria 2004.”

The Police Prosecutor, Inspector Kefas Usman told court that Olushakin —a former branch manager with a second generation bank and now Chairman of LAC Autos & Spare Ltd.— alongside Akanbi, Adewale and others on the night of Friday, December 13, allegedly forcefully gained entrance into Global Signature Hotel in Ibadan by disarming the security men at the gate.

Usman stated that the suspects made forceful and unlawful entry into the hotel, went straight to the control room, destroyed the CCTV memory and cut off the CCTV machine.

“After vandalizing it, they went to the POS machine, took the machines of the company, went to the manager of the hotel, one Dare Akinola, at gunpoint took him to the cash registry to collect all the sales of the week including room sales, lodgment, bar & hall payment totalling over N2,140,000 (Two million, One hundred and forty thousand Naira).

“They went to all the rooms, rounded up all the customers, and forcefully asked them to transfer money into Olushakin’s personal account during the robbery.

“At gunpoint, they gathered everybody to the reception, laid them down at gunpoint and in fear of their lives, the customers made cash transfers to Olushakin’s accounts, they vandalized some other things, took the lodgment book, computers, and other equipment.”

The Chief Magistrate, Mrs. Giwa Babalola, ordered that the suspects should be remanded at the Agodi Correctional Center in Ibadan.

She adjourned the case till January 29, 2025 for further mention.

However, with Olushakin’s absence during the arraignment, the Oyo State Police Command has launched a manhunt for him with a bounty of N5 million placed on him to the public for anybody with useful information leading to arrest.

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