Appointment
Presco Plc Appoints Ademola Adebise to Board as Independent Non-Executive Director
Presco Plc has announced the appointment of Mr. Ademola Adebise as an Independent Non-Executive Director, filling a casual vacancy on its Board of Directors until the next Annual General Meeting.
The company disclosed the development in a formal notice to the Nigerian Exchange Limited and its stakeholders on October 2, 2025. Mr. Adebise brings over 33 years of experience across information technology, treasury, risk management, financial control, strategic planning, and corporate banking.
He previously served as Managing Director and CEO of Wema Bank, where he led the creation of Africa’s first digital bank, ALAT. His boardroom experience includes roles at AIICO Pension Managers, FITC, NIBSS, and Great Nigeria Insurance Plc. He currently serves on the boards of AIICO Capital, AIICO Insurance, and FCMB Group Plc, and chairs Family Homes Fund Limited.
A Fellow of both the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Bankers of Nigeria, Mr. Adebise is also affiliated with several other professional bodies.
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Senator Natasha Akpoti-Uduaghan Demands Probe into Attack on Obi, Odigie-Oyegun
Senator Natasha Akpoti-Uduaghan, representing Kogi Central, has called on security agencies to investigate an alleged attack on former Anambra Governor Peter Obi and former APC National Chairman John Odigie-Oyegun in Edo State. Describing the incident as “deeply disturbing,” the senator warned that rising political hostility threatens Nigeria’s democratic stability. “This development has no place in…
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Domestic Airlines Criticize FCCPC Over Price-Fixing Claims
The Airline Operators of Nigeria (AON) has criticised the Federal Competition and Consumer Protection Commission (FCCPC) following its interim report alleging domestic airlines manipulated ticket prices during the 2025 yuletide period. AON spokesperson and United Nigeria Airline Chairman, Obiorah Okonkwo, described the FCCPC’s claim as “harmful to the survival of airlines” and based on a…
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BREAKING: Adamawa Governor Umaru Fintiri Defects to APC
Adamawa State Governor, Umaru Fintiri, has officially defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). Announcing the move in a state broadcast on Friday, Fintiri said he brought along all his cabinet members, appointees, and elected local government chairmen. The governor explained that the defection was made in the interest…
Presco Plc expressed confidence that his appointment will enrich the board’s leadership and support the company’s growth strategy. The announcement was signed by Frederick Ichekwai, Company Secretary.