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Sujimoto Boss, Olasijibomi Ogundele Unveils Two Gigantic Projects, Backs President Tinubu’s Economic Policy

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SUJIMOTO

As regards luxury real estate in Nigeria, Sujimoto Construction Company headed by Dr. Olasijibomi Ogundele LL.B ranks high far above the rooftop. After carving a niche for himself; his competitors are scared of the unimaginable innovation he infused into the real estate business to stand him out. From designs, construction patterns, marketing strategies, quality of materials, finicky finishing and attention to detail; Ogundele has never for once given to mediocrity. More reason he is more optimistic that the current President Bola Ahmed Tinubu’s Administration will pave the way for more investment opportunities in the real estate business owning to his current policy and background as a man who is vast in the construction space, making recourse to how he turned the misfortune of Lagos coastline bar-beach into Eko Atlantic; a fortune worth Billions of dollars.

Since Ogundele’s foray into the luxury real estate business, he has always wanted to outdo himself by competing with himself. He is what he thinks he is; the King of Luxury Real Estate in Africa as he has always projected his company to compete with the very best in Africa and by extension the world. With the projects already completed and still under construction, he has redefined the skyline of Lagos with breathtaking projects, especially on Lagos’ most expensive neighbourhood; Banana Island and Ikoyi axis. After completing the Guiliano by Sujimoto project years; he embarked on the Lucrezia by Sujimoto, a 15th-floor heaven on earth 4bedroom Luxury Apartment with a penthouse luxury building that is currently sold out with just two units available despite construction still ongoing.

The Property connoisseur and astute businessman is also getting set to break an impeccable feat for his upcoming project which on completion will be the first twin tower in Africa with a 3 in 1 building where one tower will be a 5-star Hotel and the other tower will be a residential condominium with a commercial Mall below in the heart of Ikoyi, Lagos. “The Leonardo Residential Condominiums we gathered will commence before the end of the year which will boast of the highest opulence of luxury across the world also the construction of the S-Hotel; a luxury hotel in the heart of Lagos that will become a rendezvous point for foreign businessmen, travellers, tourist and lovers of luxury. The S-Hotel will be built to taste and fitted with wares from popular luxurious designers across the world and will also boast of the first Glass Swimming pool on the 17th floor first of its kind in Africa.”

The Motopay boss further disclosed that; since the beginning of the present administration; his company has received over 12% increments in customer’s and client’s enquiry on their services and buildings. Saying “the new administration is doing something right with its policies it’s a strong indication that will drive Sujimoto as a company to do more and also provide more investment opportunities for other startups. The development shows people are ready to bring their money out to invest in real estate.”

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ACCESS BANK (SL) LTD STRENGTHENS LEADERSHIP TEAM WITH KEYBOARD APPOINTMENTS, NAMES NEW CHAIRMAN

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Access Bank Sierra Leone Ltd (‘Access Bank (SL) Ltd’) has announced the appointment of new executives to its Board of Directors (‘the Board’), further strengthening its leadership team and advancing the implementation of its growth and transformation strategy. These appointments also reflect the Bank’s commitment to fostering growth and development while maintaining the highest standards of governance and stewardship.

Joining the Board as Non-Executive Directors are Maurice Nathaniel Cole, Nsikak N. Usoro, Michala Mackay, Ibrahim Khalil Lamin, and Kolawole Augustine Ajimoko. The appointees boast a wealth of expertise from diverse sectors, including banking, telecommunications, corporate governance, compliance, and finance. Their combined
experience and vision will contribute to shaping the future trajectory of Access Bank (SL) Ltd. Cole will serve as Chairman, following the exit of Alice Marie Onomake and will bring his experience to the fore as Access Bank (SL) Ltd works to consolidate its market position and deliver value for all its stakeholders.

 

“We are thrilled to welcome our new executives to Access Bank (SL) Ltd,” said Ganiyu Sanni, Country Managing Director, Access Bank Sierra Leone Ltd. “Their leadership and vision will be invaluable as we navigate through challenges and pursue sustained success. We extend our gratitude to the outgoing Chairman, Alice Marie
Onomake, and Non-Executive Director, Aminata B. Dumbuya, for their dedicated service and contributions to the Bank.” Access Bank (SL) Ltd remains committed to excellence, transparency, and accountability as it embarks on this exciting new chapter. The Bank looks forward to leveraging the collective expertise of its leadership team to drive innovation, foster growth, and create lasting impact for its customers and communities.

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Federal Government to Audit N2.8tn Fuel Subsidy Request Submitted by NNPCL

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The President Bola Ahmed Tinubu led Federal Government has made its intention known to initiate a new audit of the N2.8tn fuel subsidy request submitted by the Nigerian National Petroleum Company Limited.

An auditing firm, KPMG has successfully completed an initial audit that resulted in a reduction of the claims from N6 trillion to N2.7 trillion.

The federal government is exploring the option of involving an independent audit firm or instructing the Office of the Auditor General of the Federation to authenticate the assertions put forth by the corporation concerning the government’s outstanding debt to the oil company. The current move will ensure transparency and also ensure financial discipline in disbursing government funds which is in line to the administrations quest to curb corruption.

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Access Holdings Vests 23.8 million Units of Shares on Senior Executives

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In line with the disclosure requirements of the Securities and Exchange Commission and the Nigerian Exchange Limited, Access Holdings Plc , Africa’s leading financial services group, has announced the award of 23.8 million ordinary shares to some of its senior executives and executives of  Access Bank, its flagship subsidiary. This is in pursuant of the terms of its shareholders approved Employees Performance Share Plan.

Bolaji Agbede, the Acting Group Chief Executive Officer of Access Holdings, Roosevelt Ogbonna, the Managing Director/Chief Executive Officer of Access Bank, and six others were vested with 23,883,790 units of the Group’s shares, worth a combined N427.13 million.

This was disclosed via notices duly filed with the Nigerian Exchange Limited on Tuesday.

According to the filings, Ogbonna got the highest amount of shares totalling 12,345,679 units and worth N220.37 million, having been traded at N17.85 per share.

Agbede was vested with 2,216,992 units of shares, valued at N39.795 million.

Other directors, who had shares vested include Seyi Kumapayi, Executive Director, African Subsidiaries, Access Bank, with 1,234,568 worth N22.16 million; Iyabo SojiOkusanya, Executive Director, Commercial and Investment Banking Division, Access Bank, with 1,691,308 at N17.95 per share. Her vested shares are valued at N30.36 million, and Chizoma Okoli, Access Bank’s Deputy Managing Director, Retail South, who got 1,728,395 units valued at N30.85 million.

Dr Gregory Jobome, Executive Director, Risk Management, and Hadiza Ambursa, Executive Director, Commercial Banking, were each vested with 1,728,395 valued at N30.85 and N31.02m respectively. Access Holdings’ Company Secretary, Sunday Ekwochi, was vested with 1,210,058 units of the Group’s shares worth N21.72m.

The shares were vested on May 3rd and May 6th.

The vesting of the shares is not a purchase or sale transaction in the context of the Exchange’s Rules.

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