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JUST IN: Access Holdings Names New Acting CEO

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Access Holdings Plc on Monday announced the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer.

This follows the death of its former Group Chief Executive Officer, Dr. Herbert Wigwe.

Wigwe died in a helicopter crash alongside his wife, son, and a former chairman of the Nigeria Exchange Group, Abimboloa Ogunbanjo on Friday

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A statement made by the company’s Board of Directors and dated February 12, 2024, stated that the appointment was subject to the approval of the Central Bank of Nigeria.

READ ALSO: Flags Lowered In Access Bank Branches, As Staff Mourn Wigwe, Family Members’ Death

Further to its announcement dated February 11, 2024, the Board of Directors of Access Holdings Plc (‘the Company’) has today announced the appointment of Ms Bolaji Agbede as the Acting Group Chief Executive Officer of the Company following the unfortunate demise of its former Group Chief Executive Officer, Dr Herbert Wigwe, on February 9, 2024.

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“The appointment is subject to the approval of the Central Bank of Nigeria,” the statement read in part.

Agbede who joined Access Bank in 2003 as an Assistant General, has nearly three decades of professional experience cutting across banking and business consultancy services.

READ ALSO: ‘I Begged Him To Take Me Along’ – Osita Chidoka Shares Last Conversation With Access Bank CEO

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She served in different roles at the bank including, Head, Group Human Resources between 2010 and 2022 before she was appointed the company’s founding Executive Director, Business Support in 2022, a role she held until her new appointment.

She holds a Bachelor’s Degree in Mathematics and Statistics from the University of Lagos and a Masters of Business Administration Degree from Cranfield University UK in 2002.

She is also a member of the Chartered Institute of Management UK and the Chartered Institute of Personnel Management of Nigeria.

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University Suspends Students’ Union Over Controversial ‘Gender Swap Day’

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The management of Taraba State University (TSU), Jalingo, has suspended the Students’ Union Government (SUG) indefinitely following allegations of misconduct during the recently concluded 2025 Students’ Week celebration.

The decision came after photos and videos from the event’s controversial “Gender Swap Day” surfaced online, sparking outrage from members of the university community and the general public. The university said the activities violated its values, dress code, and moral standards.

In a statement signed by the Vice-Chancellor, Professor Sunday Paul Bako, on Tuesday, October 14, 2025, the management described the incident as “regrettable and disappointing,” noting that some students’ actions were inconsistent with the institution’s core principles.

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READ ALSO:Nigerian-born Rwandan Varsity DVC Named Among World’s Top 2% Scientists

An emergency management meeting held on Monday, October 13 reviewed the incidents and blamed poor supervision and coordination by the current SUG leadership for the disorder that occurred during the week-long celebration.

As part of the resolutions reached, the SUG has been suspended indefinitely to pave the way for a complete restructuring of student leadership and representation. The university also announced plans to introduce a new framework promoting accountability, discipline, and inclusiveness among student leaders.

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Students who were involved in actions that misrepresented the university’s image will face disciplinary action,” the statement read.

READ ALSO:Tinubu Under Fire Over Presidential Pardon For Drug Offenders

Those whose behavior involved criminal acts have been arrested and will be handed over to law enforcement for further investigation.”

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In response, the SUG led by Victor Mishak Abednego, tendered an official apology to the university management, expressing regret over the embarrassment caused by the event and promising stricter adherence to university rules in future activities.

The university reaffirmed its commitment to academic excellence and moral integrity, warning that such conduct will not be tolerated in any future student-organized events.

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Fire Ravages Residential Building In Oyo

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Photo: File copy

Properties worth millions of naira have been destroyed in a fire incident that ravaged a residential building in Oyo, Oyo State.

The incident occurred at Aladota, Oke-Olola Area in Oyo around 9 am on Wednesday.

The chairman of the Oyo State Fire Service, Maroof Akinwande, confirmed the incident.

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READ ALSO:Edo Assembly Commission Questions Clerk Over Alleged Age Falsification

In a statement made available to DAILY POST on Wednesday, Akinwande said that officers of the agency were immediately mobilised to the scene once they were informed.

“The fire incident was as a result of a spark from electricity which ignited combustible materials and set the room ablaze. No casualty was recorded. The agency was able to save properties worth millions of naira,” he said.

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Lagos Assembly Moves To Establish State-owned Railway Corporation

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Lagos State House of Assembly has commenced legislative work on a bill aimed at establishing a comprehensive legal framework for the creation, management, and operation of a state-owned railway corporation.

The proposed law, titled “A Bill for a Law to Establish the Lagos State Railway Corporation and for Connected Matters, 2025,” seeks to provide a structured foundation for an efficient rail transport system in the state.

Speaking during a one-day public hearing on the bill held on Wednesday in Lagos, the Speaker of the House, Rt. Hon. Mudashiru Obasa, said the initiative showcases the government’s commitment to modernizing transportation infrastructure and improving residents’ quality of life.

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READ ALSO:Lagos Assembly Crisis: How Akande-led Panel Forced Meranda Out, Reinstated Obasa

Obasa, who was represented by the Deputy Speaker, Hon. Mojisola Meranda, said the establishment of the corporation would enhance mobility, reduce road congestion, and shorten travel time across the state.

This proposed legislation represents yet another bold and visionary step in the Lagos State Government’s continued efforts to improve the welfare and quality of life of its people,” he stated.

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“Railway transportation remains a critical component of modern infrastructure. It ensures safe, cost-effective, and environmentally friendly movement of people and goods while driving trade, commerce, and economic growth,” he added.

READ ALSO:Lagos Assembly Crisis: How Akande-led Panel Forced Meranda Out, Reinstated Obasa

The Speaker also explained that Section 26 of the bill provides for the appointment of an Inspector of Railways, whose responsibilities would include conducting regular inspections of trains and tracks, offering professional guidance, and ensuring the safety and operational integrity of rail services.

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In his remarks, the Chairman of the House Committee on Transportation, Hon. Temitope Adedeji, noted that the proposed corporation would play a vital role in easing the movement of people and goods within the state.

Adedeji, who represents Ifako-Ijaiye Constituency 1, described the bill as timely and necessary, given Lagos’s rapidly growing population and the increasing demand for a modern, reliable transport system.

With the state standing at a pivotal point in its infrastructural and economic development, there is an urgent need to establish a robust legal and institutional framework to regulate and operate railway services efficiently,” he said.

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