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Roosevelt Ogbonna Resignation Strengthens Access Holdings

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Roosevelt Ogbonna resignation

Roosevelt Ogbonna resignation from Access Holdings Board ensures compliance with CBN rules while he remains CEO of Access Bank Plc

Roosevelt Ogbonna resignation from the Board of Access Holdings Plc has been officially announced by the company. The decision comes after three and a half years of service as a Non-Executive Director.

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Also read: Court Slams Access Bank With N7m Fine Over Rights Violation

In a notice to the Nigerian Exchange Limited, Access Holdings explained that Ogbonna stepped down to comply with the Central Bank of Nigeria’s 2023 Corporate Governance Guidelines, which limit financial holding company boards to a maximum of nine directors.

Despite his resignation from the Board, Ogbonna remains firmly in place as the Managing Director and Chief Executive Officer of Access Bank Plc, the flagship subsidiary of Access Holdings.

Company Secretary Sunday Ekwochi praised Ogbonna’s service, describing his contributions to the Group as both outstanding and impactful.

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The Board also reaffirmed its appreciation for his continued leadership within Access Bank.

Also read: Access Bank, employee face N825.9 million fraud charges

This strategic move highlights Access Holdings’ commitment to regulatory compliance and effective governance, while maintaining Ogbonna’s leadership in steering one of Africa’s largest banks.

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crime

Police Arrest Convicted Drug Dealer, Rescue 14-Year-Old Boy in Bauchi

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Drug

Bauchi drug dealer arrest leads to the rescue of a 14-year-old boy allegedly used as a drug courier and the recovery of suspected illicit substances

The Bauchi State Police Command has arrested a 22-year-old convicted drug dealer and rescued a 14-year-old boy who was allegedly being used to deliver illicit drugs in the state.

Also read: NRS Assures Taxpayers VAT Remains at 7.5% Amid Tax Reform Concerns

The command said operatives of its Violent Crimes Response Unit intercepted the teenager during a routine patrol and recovered a granular whitish substance suspected to be methamphetamine.

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The Police Public Relations Officer, SP Nafiu Habib, disclosed this in a statement issued on Tuesday.

According to Habib, the operatives, led by the unit’s officer-in-charge, intercepted the minor, identified as Samuel Nkemakolan Kosi, at about 11 am on October 26, 2026, while he was allegedly on his way to deliver the suspected drug, also known as Ice, to a customer.

The statement said the teenager told investigators that he had been sent by Samuel Ogochukwu, a 22-year-old convicted drug dealer, to make the delivery.

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“Upon interrogation, the minor confessed that he was sent by one Samuel Ogochukwu, 22 years old, a convicted drug dealer, to make the delivery,” Habib said.

Following the information, detectives traced Ogochukwu to his location and arrested him.

A search of the suspect’s shop and residence reportedly led to the recovery of 3.5 grammes of a substance suspected to be methamphetamine, 17 sachets of 100mg tramadol capsules, five sachets of 300mg pregabalin capsules and seven sachets of diazepam.

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The police also recovered 12 Exol tablets, two wraps of a substance known as Yellow Boys and one sachet of Shine Shine Leather.

Habib said the principal suspect told investigators that he received supplies of illicit drugs through waybills from Onitsha, Anambra State.

The police spokesman added that the 14-year-old had been handled in accordance with juvenile best practices and would be reunited with his family after counselling.

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“The 14-year-old minor has been handled in line with juvenile best practices and will be reunited with his family after counselling, while the principal suspect will be charged to court upon completion of investigation,” the statement said.

The Commissioner of Police in Bauchi State, Sani-Omolori Aliyu, commended the operatives for their work and urged the public to remain alert to criminal activity.

According to Habib, the commissioner said four major drug busts and subsequent convictions recorded within 10 days demonstrated the command’s continued efforts to combat drug trafficking.

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Also read: NRS Assures Taxpayers VAT Remains at 7.5% Amid Tax Reform Concerns

He added that the police command would sustain operations against drug trafficking and other forms of criminality across the state.

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