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CBN Appoints New Board For Keystone Bank

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The Central Bank of Nigeria has reconstituted the board of directors of Keystone Bank.

The move announced on Wednesday, as part of the apex bank’s strategy to ensure sustained growth for the financial institution.

According to a statement from the Keystone Bank, Lady Ada Chukwudozie has been appointed as the new board chairman, alongside five other non-executive directors. They are Abdul-Rahman Esene, Mrs. Fola Akande, Akintola Ayodeji Olusoji, Obijiaku Samuel, and Senator Farouk Bello.

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In addition, the CBN also named two new executive directors, Ladi Oluwole and Abubakar Usman Bello.

READ ALSO: NIN-SIM Linkage: Telcos Begin Disconnection Of 66m Phone Lines

Lady Ada Chukwudozie, a prominent figure in Nigeria’s corporate sector, brings nearly three decades of experience in business strategy, management, and administration.

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Her expertise cuts across multiple industries, including De-Endy Industrial Company Limited, Dozzy Group, the Manufacturers Association of Nigeria, and Vogue Afrique Magazine.

Abdul-Rahman Esene, with over 43 years of experience in banking, investment management, and corporate finance, has held leadership roles in major institutions such as Fidelity Bank, Afrinvest, and Global Arbitrage International Inc.

Mrs Fola Akande boasts over 25 years of experience in legal, compliance, and risk management, having worked with global brands like Cadbury, Stanbic Chartered Bank, and Shell.

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READ ALSO: How Abdulsalami Almost Denied Nigeria $280m Telecom Deal — Obasanjo

Akintola Ayodeji Olusoji has a distinguished 30-year career in accounting, finance, and business development, having served at institutions such as Sterling Bank, Access Bank, and Intercontinental Bank.

Obijiaku Samuel, with more than 35 years of experience in banking and treasury operations, has left a significant mark on Nigeria’s financial sector, previously working with Zenith Bank and Fidelity Bank.

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Senator Farouk Bello, a seasoned banker with over 20 years of experience, has led initiatives across both the public and private sectors, including the National Assembly and Guaranty Trust Bank.

READ ALSO: Why Six Banks Were Disqualified From FX Auction – CBN

Meanwhile, the two new executive directors bring their vast expertise to the table. Ladi Oluwole, the new Executive Director of Risk Management, comes with over two decades of experience in credit and enterprise risk management, including previous roles at Bank of America. Abubakar Usman Bello, Executive Director for the Northern Directorate, has extensive experience managing corporate, retail, and public sector clients.

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Speaking on the appointments, Keystone Bank’s Managing Director and CEO, Hassan Imam, expressed confidence in the new board members, stating that their wealth of experience would play a crucial role in the bank’s continued repositioning and growth.

We are pleased to welcome the new chairman, non-executive directors, and executive directors to the board of Keystone Bank. We are confident that their extensive experience will be invaluable as we continue to reposition the bank to seize emerging economic opportunities while maintaining strong corporate governance and providing our customers with a secure and reliable banking experience,” Imam said.

 

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Edo Seeks FG’s Intervention On Land Dispute With Delta

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The Edo State Government has appealed to the Federal Government to, as a matter of urgency, intercede on the land dispute between the state and its neighboring Delta.

Deputy governor of the state, Hon. Dennis Idahosa made the appeal when he led a delegation comprising officials of the state government and members of the Edo State Boundary Committee on a fact finding mission to disputed communities.

A statement by his Chief Press Secretary, Mr Friday Aghedo, said the fact finding mission was part of an effort to ensure peace,

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Idahosa used the avenue to appeal to President Bola Tinubu to use his good office to ensure justice, equity, and fairness prevailed in the areas in dispute.

READ ALSO:Edo Dep. Gov. Idahosa Inducted, Bestowed With Rotary Premium Award

“I passionately call on the President to use all necessary demarcation agencies to resolve these lingering issues,” he appealed.

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While suing for peace from the affected communities, Idahosa noted that the state government was determined to protect the territorial dignity of Edo State and that of the people of Orhionmwon.

He pointed out that the Jameson River is a natural demarcation landmark to the disputed Ugbakele boundary Community.

While calling on the state boundary committee to be diligent in their investigation, he stressed that the outcome of the investigation will guide the recommendations of the committee to the governor.

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READ ALSO:Drug Barons Abandon Sienna Buses With 1,455kg Of Cannabis In Edo, Flee

We decided to ask questions and the history of this area. We found out that this Jameson River is the natural boundary between Edo and Delta States.

‘You can see the previous structures of the AT&P company. This land is clearly for Edo State.

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“We thank the community people and settlers. We plead they continue to maintain the peace pending the outcome of the National Boundary Commission,” he pleaded.

Earlier, Idahosa and his team interfaced with stakeholders and community leaders of Oben, Ikobi, Iguelaba, and Obozogbe-Nugu communities to verify their claims and grievances.

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At the town hall meeting, the communities complained of non-regonition by oil companies operating in the area.

They further decried ceeding of their communal land to private individuals by the immediate past administration of the state without compensation.

The previous government has done injustice to the Edo people by allocating land to investors without having interactive sessions with us,” they noted.

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Police Arrest, Charge Content Creator To Court In Edo

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The Edo State Police Command says it has arrested a 24-year-old content creator identified as Osarobo Omoyemen, for allegedly sharing a content on Tiktok capable of “inciting hostility against the Police and triggering unnecessary tension within the state.”

In a statement made available to newsmen in Benin on Saturday, the command’s Police Public Relations Officer, Moses Yamu, said the suspect, popularly known as ‘Madam Oil Rice,’ recently circulated a “false claim on social media alleging that she was kidnapped along Upper Sakponba Road in Benin City and later rescued by Police operatives who purportedly detained her at Akpata Police Station and collected the sum of Ten Thousand Naira as bail.”

READ ALSO:Drug Barons Abandon Sienna Buses With 1,455kg Of Cannabis In Edo, Flee

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Yamu said worried by the allegation, the command immediately commenced investigation, adding that it was revealed that the entire story was completely fabricated and deliberate.

According to the police’s imagemaker, Madam Oil Rice fabricated the story just to attract followers and viewership, stressing that she had confessed to having fabricated the story.

During interrogation, the 24year old female suspect, Osarobo Omoyemen confessed that she staged the incident solely to generate online content and attract followers to her TikTok page.

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“It was also discovered that she deleted an earlier video in which an accomplice in the background was appealing to viewers to follow her page, clearly exposing the motive behind the false alarm.

READ ALSO:Edo Market Women Protest Planned Eviction

“The content was not only misleading but capable of inciting hostility against the Police and triggering unnecessary tension within the state.”

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Yamu, while noting that the “suspect has been identified, arrested, and charged to court on Thursday 20th November, 2025 for prosecution, said “efforts are ongoing to arrest her accomplices to ensure they face the full weight of the law.”

The PPRO, who said Madam Oil Rice’s arrest and charge to court was aimed at serving as a “deterrent to others who may attempt to misuse social media to create panic or disrupt public peace,” said “the Edo State Police Command strongly warns against the creation and circulation of fake news capable of disturbing the peace and security of the state.”

He urged members of the public “to verify information before sharing and to refrain from acts that may mislead the public or undermine the efforts of security agencies.”

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FULL LIST: FG Shuts 41 Unity Schools Over Insecurity

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The Federal Government on Friday ordered the temporary closure of 41 unity schools over the rising cases of abduction across the country.

The decision was announced in a circular issued by the Director of Senior Secondary Education at the Federal Ministry of Education, Binta Abdulkadir.

“Sequel to the recent security challenges in some parts of the country and the need to prevent any security breaches, the Honourable Minister of Education has approved the immediate closure of the listed Federal Unity Colleges.

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“Principals of the affected colleges are to ensure strict compliance. Please accept the warm regards of the Honourable Minister,” the circular read.

READ ALSO:Why FG Hasn’t Prosecuted Terrorism Financiers – Minister

The affected schools are FGGC Minjibir; FGA Suleja; FTC Ganduje; FGGC Zaria; FTC Kafancha; FGGC Bakori; FTC Dayi; FGC Daura; FGGC Tambuwal; FSC Sokoto; FTC Wurno; FGC Gusau; FGC Anka; FGGC Gwandu; FGC Birnin Yauri; FTC Zuru; FGGC Kazaure; FGC Kiyawa; FTC Hadejia; FGGC Bida; FGC New Bussa; and FTC Kuta-Shiroro.

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Others are FGC Ilorin; FGGC Omu-Aran; FTC Gwanara; FGC Ugwolawo; FGGC Kabba; FTC Ogugu; FGGC Bwari; FGC Rubochi; FGGC Abaji; FGGC Potiskum; FGC Buni Yadi; FTC Gashau; FTC Michika; FGC Ganye; FGC Azare; FTC Misau; FGGC Bajoga; FGC Billiri; and FTC Zambuk.

Recall that some students from St. Mary’s School in Papiri, Agwara Local Government Area of Niger State, were kidnapped by terrorists.

READ ALSO:Workers Kick Against FG’s Health Insurance Deductions From Salaries

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The incident comes just days after a similar attack in Maga, Kebbi State, where 25 students were kidnapped, heightening concerns over the deteriorating security situation in educational institutions across the region.

On Thursday, over 50 schools were shut down in Kwara State following attacks by bandits.

President Bola Tinubu had also cancelled his scheduled trips to South Africa and Angola to coordinate the government’s response to the worsening insecurity.

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