News
Meet Newly Appointed Union Bank CEO

Barely hours after the Central Bank of Nigeria dissolved the boards and managements of Union Bank of Nigeria, Keystone Bank and Polaris Bank over alleged corporate governance infractions and non-compliance with regulatory requirements, the financial regulatory body appointed new executive directors to oversee the affairs of the deposit money banks.
A statement by the acting Director of Corporate Communications, Sidi Hakama, on Thursday morning, said the appointment takes immediate effect.
According to the statement, Yetunde Oni, the first female CEO of the Standard Chartered Bank in Sierra Leone, was appointed Chief Executive Officer of Union Bank.
The PUNCH reports that as the new Chief Executive Officer and MD of Union Bank, Yetunde Oni brings her wealth of experience in the banking industry which spans over 25 years to the fore.
READ ALSO:BREAKING: CBN Sacks Boards Of Union, Titan Trust, Keystone, Polaris Banks
She replaces Mudassir Amray, the former CEO of the bank.
In this piece, The PUNCH highlights 10 things to know about Yetunde Oni.
1. Yetunde Oni bagged a degree in Economics from the University of Ibadan in 1991.
2. She underwent Executive Training at Oxford University in 2016.
3. She obtained an MBA in Business Administration from Bangor University in 2020.
4. She began her career with Prime Merchant Bank Treasury & Money Markets Group
5. In 1994, she joined Ecobank Nigeria as a Relationship Manager in the Institutional Banking Group (1994 – 2005).
READ ALSO: CBN To Launch Stablecoin February
6. In January 2005, Yetunde Oni joined Standard Chartered Bank Nigeria, assuming the role of Senior Account Relationship Manager in the Local corporations segment.
7. She was later transferred to the Apapa Branch where she was saddled with the dual responsibility of Wholesale Banking Branch Head and the development of the Bank’s Local corporate portfolio in the Apapa and Ogun State Region.
8. In May 2010, she was appointed Head of Local Corporates.
9. In 2014, she was appointed the Managing Director & Country Head of Commercial Banking in West Africa for Standard Chartered Bank, (2014 – Jan 2021).
10. Before her Managerial appointment with Union Bank, she operated as the first female Managing Director and Chief Executive Officer at Standard Chartered Bank in Sierra Leone, a position she took in January 2021.
News
Court Bars CCETC From Entering Ossiomo Land, Using Its Property

An Edo State High Court in Benin has restrained Jiangsu Communication Clean Energy Technology Company Limited (CCETC) from entering the land of Ossiomo Power and Infrastructure Company
Limited pending the hearing and determination of motion of notice.
Hon. Justice Mary Itsueli—vacation judge, gave the restraining order in an ex-perte motion filed before the Honourable Court by Emmanuel Usoh, counsel to Ossiomo Power and Infrastructure Company
Limited.
In the suit marked: B/242/2025, Ossiomo Investment Limited, Ossiomo Power and Infrastructure Company
Limited, Ossiomo Offsites and Utility Limited, Quadrant Gas Development Company Limited are the claimants while Jiangsu Communication Clean Energy Technology Company Limited (CCETC) stands as defendant.
Usoh had, on behalf of Ossiomo Ossiomo Power and Infrastructure Company
Limited, approached the court, sought an interim injunction restraining CCETC from gaining access to the land or utilising any property belonging to the claimant.
READ ALSO:Ossiomo Restores Power To Customers After Barely Two Weeks Outage
Usoh sought an interim order restraining “the Defendant whether by itself, agents, representatives, Directors, staff, privies assigns, or anyone directly or otherwise and howsoever described from parading itself as a member or a shareholder of the 2nd Claimant or relying o using the Joint Venture Agreement pending the hearing and determination o the Motion on Notice.”
In the enrollment of order dated September 11, 2025, Justice Itsueli, said having “given a most careful consideration to the application, supporting affidavit and annexures, I am minded to grant the interim order of injunction.”
The vacation judge, therefore, ordered that, “The Defendant whether by itself, privies, assigns and anyone directly or otherwise and howsoever described are restrained from accessing, utilizing the infrastructure of the Claimants including the 33KVA lines, gas engines and gas infrastructure built by the Claimants to supply gas to the power plant and generate electricity supply whether by bulk sales or transmission to corporate entities or individuals in Edo State pending the hearing and determination of the Motion on Notice already filed.”
Hon. Itsueli also ordered “the Defendant whether by itself, agents, representatives, Directors, staff, privies, assigns, or anyone directly or otherwise and howsoever described are restrained from parading themselves member or shareholder of the 2nd Claimant or relying or using the Joint Venture Agreement pending the pending the hearing and determination of the Motion on Notice already filed.”
READ ALSO:Ossiomo, Chinese Impasse: This Is Our Story — Management
Recall that Ossiomo Power and Infrastructure Company
Limited and CCETC have been in ownership tussle which led to the power plant being shut down on September 1, 2025.
Speaking during a press briefing on the latest in the power tussle between Ossiomo and its investment partners, Usoh said, CCETC, having aware of the restraining order, had so far approached the arbitrary panel in Singapore.
He said: “CCETC, being aware of the restraining order, also immediately approached the arbitrary panel for arbitration in Singapore. The rationale behind this update is for the whole world to know that Singapore, being the seat of economics arbitration globally, is aware of the issues happening between Ossiomo and CCETC. We had the opportunity of seeing the copy of the arbitration, and we are replying accordingly.”
On Ossiomo and Edo State Government, Usoh disclosed: “Our relationship with the Edo State Government is what we call Power Purchase Agreement (PPA). Ossiomo develops power and sells to Edo State Government at market value. They are our landlord, we cannot owe grudge against the government. My appeal to the government is to do business with us so that everyone in Edo will benefit.”
News
IPF Celebrates Otuaro On His Birthday Anniversary

The Ijaw Publishers’ Forum (IPF) has felicitated with Chief Dr. Dennis Otuaro, Administrator of the Presidential Amnesty Programme, on the occasion of his birthday.
A statement issued by the secretary of the body, Tare Magbei, commended Otuaro for his “steady leadership of the Presidential Amnesty Programme,” which according to the forum has “continued to strengthen peace, rehabilitation, and development in the Niger Delta.”
READ ALSO: Otuaro Lauds Tinubu For Backing PAP’s Peacebuilding Process In Niger Delta
“Your efforts in providing opportunities for ex-agitators and in advancing stability across the region stand as clear evidence of your dedication to the people and progress of our land.
“As you mark this new year of life, we join your family, friends, and well-wishers in praying for good health, wisdom, and greater success in the service of the Niger Delta and Nigeria.”
News
JUST IN: Okpehbolo Appoints New VC For AAU

Edo State governor, Monday Okpehbolo, has approved the appointment of Professor (Mrs.) Eunice Eboserehimen Omonzejie as the new Vice-Chancellor of the state-owned Ambrose Alli University (AAU), Ekpoma.
A statement issued late night by Secretary to the State Government, Umar Musa Ikhilor, said her appointment takes immediate effect.
According to the statement, Prof. Omonzejie was appointed amongst the three names submitted by the Governing Council of the university to the state government.
READ ALSO: Okpebholo Approves Construction Of 500-room Hostel For AAU
The statement partly reads, “Professor (Mrs.) Eunice Eboserehimen Omonzejie
Professor Omonzejie is a distinguished scholar of French and Francophone African Literatures and a long-serving academic in the Department of Modern Languages at Ambrose Alli University, Ekpoma.
“She is a prolific researcher and editor, with contributions to African and Francophone literary studies, gender studies, and cultural studies.
“She has served as the President of the Ambrose Alli University Chapter of the National Association of Women Academics (NAWACS), where she has championed mentoring, research, and advocacy for female academics and students.
“Professor Omonzejie has co-edited several seminal works including French Language in Nigeria: Essays in Honour of UFTAN Pacesetters and Language Matters in Contemporary West Africa, and is the author of Women Novelists in Francophone Black Africa: Views, Reviews and Interviews,” the statement added.
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