Ajuri Ngelale

To revitalise Nigeria’s oil and gas sector, President Bola Tinubu on Wednesday signed executive orders aimed at attracting investments, optimising resources, and diversifying the nation’s economy. Nigeria, as Africa’s largest oil producer, has long sought to leverage its vast oil and gas resources for economic development. However, challenges such as bureaucratic bottlenecks, contracting delays, and low local participation have hindered the sector’s full potential. According to a statement by Special Adviser on…

President Bola Tinubu has approved the appointment of Ibrahim Gaga as executive director, Corporate Services, at the Nigerian Export-Import Bank (NEXIM). Mr. Gaga, a lawyer, has gained over 25 years of experience in the banking sector as well as in legal services. Prior to his appointment, he was the board secretary and legal adviser at NEXIM Bank. READ ALSO: Tinubu appoints new comptroller general of Nigeria Immigration Service The president expects that Mr. Gaga will bring to his new role renewed zeal and…

On 19 October 2023, the presidency announced the appointment of Olasupo Olusi as the new managing director and chief executive officer of the Bank of Industry (BOI). In that announcement, presidential spokesperson Ajuri Ngelale said Mr Olusi’s appointment followed the voluntary resignation of his predecessor, Olukayode Pitan. Mr Pitan’s sudden departure surprised many clients of his bank and some players in the nation’s financial sector, especially given that his second term of five years only began on 27 May…