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Oando Acquires Oil Block In Angola

Oando Plc  Favour Ifeoluwa & Akinola Ajibade  Oando Plc  says it has completed and won the bid for the operatorship of oil block KON 13 in Angola. The firm which recently acquired Eni of Italy’s oil assets in Nigeria, said that the award of the oil block located in Angola’s onshore Kwanza Basin followed a competitive bidding process by the country’s oil and gas sector regulator. It further said hat the asset in which it owns 45 per cent participating interest, has estimated prospective resources of 770 to 1,100 million barrels of oil. Oando is handling its operations relating to the asset through its upstream subsidiary, Oando Energy Resources (OER). “Oando Plc,  Africa’s leading indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange is pleased to announce that its upstream subsidiary, Oando Energy Resources (OER), has been awarded operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin, following a...
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Access Bank Names Agbede as CEO, Promises To Work With Her


By Favour Ifeoluwa & Akinola Ajibade


Access Bank Holdings has appointed Ms Bolaji Agbede as it's acting Chief Executive Officer.
This follows the death of its Managing Director, 
Herbert Wigwe, who died in helicopter crash in California, United States( US) recently.

In a statement, issued by Finance and Business Online Publisher ( FiPOB) and made to the media, the bank commiserated with the family and  colleagues of Late Wigwe, who recently established a University, in the country.

FiBOP said, “While our hearts remain heavy with grief over the untimely passing of Mr. Wigwe, we are confident that Ms. Agbede’s leadership will steer Access Holdings with grace, integrity, and unwavering commitment.

“Agbede’s extensive experience and stellar track record within the banking sector are testament to her exceptional leadership qualities.

“Having joined Access Bank in 2003, her journey from an assistant general manager to her recent appointment as the executive director of Access Holdings exemplifies her dedication, competence, and visionary leadership.

“As a University of Lagos alumna and with a distinguished career that spans various roles at Guaranty Trust Bank (GTB) and as the Chief Executive Officer of JKG Limited, Agbede brings a wealth of expertise and insight to her new role.

“Her tenure as the head of human resources for the Access Bank Group underscores her deep understanding of organizational development and human capital management, vital qualities for steering Access Holdings into its next phase of growth and success.

“FiBOP stands ready to offer our full support and cooperation to Access Holdings under Ms. Agbede’s leadership. We are committed to fostering a collaborative partnership that promotes transparency, accountability, and sustainable business practices within the financial sector.

“As Access Holdings embarks on this new chapter, we pledge our unwavering support to Ms. Agbede and the entire team, confident in their ability to uphold the values and legacy of Access Bank while charting a path towards continued excellence and innovation.

“Please accept our sincerest congratulations once again, and we look forward to witnessing the continued success and growth of Access Holdings under Ms. Agbede’s capable l

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