Nigeria News (Standard)
Access Holdings Executive Director Retires from Board, Company Announces Leadership Transition
Retirement marks significant change in Lagos-based financial institution’s board composition as company initiates succession planning
Retirement marks significant change in Lagos-based financial institution’s board composition as company initiates succession planning
Access Holdings Plc has announced the retirement of one of its executive directors from the company’s board, signalling a major leadership change within the Lagos-based financial group. The announcement was made public on Thursday, 25 June 2026, by the firm’s management.
According to information released by Access Holdings, the retirement of the executive director takes effect immediately and is part of an ongoing process to strengthen corporate governance and reposition the board for future growth. The company did not disclose the name of the outgoing executive director or provide details regarding their years of service at press time.
The move comes as Nigeria’s banking sector continues to undergo significant regulatory and market-driven changes, with increased focus on transparency and board renewal among listed companies. Access Holdings, which is one of Nigeria’s largest financial services groups with subsidiaries in banking, insurance and asset management, has consistently emphasised adherence to best practices in board appointments and retirements.
The company stated that it is already implementing a succession plan to ensure continuity and maintain investor confidence. While no official statement has been issued by shareholders or industry analysts regarding this development, Access Holdings noted that further information about the successor and any interim arrangements will be communicated in due course.
Industry watchers say such leadership transitions are not uncommon in Nigeria’s competitive financial sector, especially as institutions seek to align with Central Bank of Nigeria (CBN) guidelines on board tenure and governance. The retirement is expected to pave way for new perspectives at Access Holdings as it continues to expand its footprint across Africa.
Nigeria News (Standard)
Imo State Gunmen Hold Eight Hostages 11 Days After Abduction
Police yet to secure release as families call for urgent action; security agencies intensify search in affected communities
Police yet to secure release as families call for urgent action; security agencies intensify search in affected communities
Eight persons remain in captivity after armed men abducted them in Imo State, South-East Nigeria, with the victims still unaccounted for as at Thursday, eleven days since the incident. The abduction occurred in a rural community in the state, according to local sources familiar with the matter.
The gunmen reportedly stormed the area in the early hours, forcibly taking eight residents from their homes before disappearing into a nearby forest. Security agencies were alerted shortly after the attack, but efforts to rescue the captives have not yielded results so far. Family members of those abducted have expressed deep concern over their loved ones’ safety and appealed to authorities for swift intervention.
Kidnapping has become an increasing security challenge in Imo State and other parts of Nigeria’s South-East region, with residents frequently targeted by armed groups. The continued detention of the eight hostages has heightened anxiety within the community and raised fresh questions about the effectiveness of ongoing security operations.
The Imo State Police Command said it is working with other security agencies to track down the perpetrators and secure the safe release of the victims. A senior police officer who spoke on condition of anonymity said, “Our men are on ground and we will not relent until those abducted are brought back safely.” However, relatives say they have received little official information on progress made so far.
As search operations intensify, community leaders are urging government to deploy more resources to address insecurity in rural areas. Residents also called for improved intelligence gathering and increased patrols to deter further attacks. For now, families of the kidnapped persons await news as efforts continue to rescue them from captivity.
Nigeria News (Standard)
Delta Court Orders Arrest of Police Officer Over Criminal Case Delay
Judge issues bench warrant against officer after repeated absence stalls proceedings in Warri criminal trial
Judge issues bench warrant against officer after repeated absence stalls proceedings in Warri criminal trial
A Delta State High Court sitting in Warri on Thursday ordered the immediate arrest of a police officer whose absence has delayed progress in an ongoing criminal trial. The judge issued a bench warrant after noting that the officer, who is a principal prosecution witness, repeatedly failed to appear before the court as directed.
The court’s decision followed several adjournments attributed to the officer’s absence, which prosecutors said was affecting the timely administration of justice in the matter. The officer’s name and specific details of the case were not disclosed at the sitting. The presiding judge said the court could not tolerate further delays and directed that law enforcement agencies produce the officer at the next hearing date.
Legal practitioners present in court described the move as necessary to uphold judicial integrity and ensure that criminal matters are handled without undue interference or neglect by any party. They noted that failure by key witnesses—especially police officers involved in investigations—to attend court sittings has contributed to prolonged trials across Delta State and Nigeria at large.
Although police authorities have not issued an official response regarding the absent officer as at press time, judicial sources indicated that stricter measures may be adopted if such conduct persists among law enforcement personnel. The next hearing has been scheduled, with the judge warning that non-compliance with court orders will attract further legal consequences.
The incident underscores growing concerns over delays in criminal cases due to lack of cooperation from critical witnesses. Justice sector observers say prompt compliance with court summons is vital for public confidence in Nigeria’s legal system.
Nigeria News (Standard)
Lagos: Mr Ibu’s Family Faces Hardship as Three Children Withdraw from School Two Years After Actor’s Death
Content creator King Mitchy appeals for public support as Okafor family endures weeks without electricity or clean water
Content creator King Mitchy appeals for public support as Okafor family endures weeks without electricity or clean water
The family of late Nollywood comic actor, John Ikechukwu Okafor, popularly known as Mr Ibu, is facing severe hardship in Lagos State, with three of his youngest children reportedly forced to stop schooling due to financial constraints. The situation was made public on Tuesday by content creator Mitchel Ihueze, also known as King Mitchy, who visited the Okafor family and revealed details of their living conditions.
According to King Mitchy, the Okafor household has been struggling without access to electricity or clean water for about two weeks. The family’s dire situation has worsened since Mr Ibu’s passing in 2024 at the age of 62 following a cardiac arrest. King Mitchy stated that the late actor’s daughter, aged 14, and two sons aged 12 and 10 have all withdrawn from school because their mother cannot afford to pay their tuition fees.
Mr Ibu was celebrated across Nigeria for his comedic roles in Nollywood films that brought laughter to millions of homes. His death in 2024 drew widespread tributes from fans and colleagues alike. However, since his demise, the welfare of his immediate family has deteriorated, highlighting the precarious situation that can befall the families of public figures after their deaths.
King Mitchy described her visit to the Okafors as distressing and called on well-meaning Nigerians to intervene by supporting the family financially. She emphasised that Mr Ibu’s legacy should not end in neglect, stating: “This is the family of a legend. Not just anybody. I don’t know for you, but for me Mr Ibu made my childhood fun. Him and Aki and Paw Paw now that he is gone his family should not be suffering. We are donating for the children to go back to school and for their house rent to be paid.”
As at press time, there has been no official response from industry associations or government agencies regarding potential support for the Okafor family. King Mitchy has launched a public appeal on social media seeking donations to help pay outstanding rent and cover school fees for the children. The situation raises renewed concerns about welfare provisions for entertainers’ families in Nigeria after their passing.
