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Fidelity Bank Plc appoints new non-executive director

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Fidelity Bank Plc has appointed Jonathan Ososuakpor as a Non-Executive Director of the bank, taking effect from 22 May.

The bank disclosed the appointment in a statement posted on NGX Group and signed by the Fidelity Bank’s secretary, Ezinwa Unuigboje, on Monday, noting that Mr Ososuakpor can achieve the bank’s strategic objectives.

According to the statement, the appointment has been approved by the Central Bank of Nigeria, while the Securities and Exchange Commission, Nigeria Deposit Insurance Corporation, and Financial Reporting Council of Nigeria have also been notified about the appointment.

“The Board of Directors is pleased to announce the appointment of Dr. Jonathan Oniovosa Ososuakpor as a Non-Executive Director of Fidelity Bank Plc with effect from May 22, 2026.

“The appointment has been approved by the Central Bank of Nigeria, and notice of the same has been communicated to the Securities and Exchange Commission, Nigeria Deposit Insurance Corporation, and Financial Reporting Council of Nigeria.

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“The Board is pleased with the appointment and looks forward to working closely with Dr. Jonathan Oniovosa Ososuakpor to achieve the Bank’s strategic objectives,” the bank stated.

The bank said Mr Ososuakpor brings impressive cross-functional experience to the Board.

Profile

Mr Ososuakpor joins the Board of Fidelity Bank Plc with over 40 years of experience in the financial services industry, including Credit and Marketing; Retail; Consumer and Commercial Banking; Public Sector; Banking Operations; and Risk Management.

He enjoyed an illustrious banking career, which commenced in 1983 with Union Bank of Nigeria Plc and served in various capacities at notable financial institutions, including former Gateway Bank, Oceanic Bank, Ecobank Nigeria Plc, and Access Bank Plc.

Mr Ososuakpor held key leadership and management positions before he was appointed Managing Director/Chief Executive Officer of AMJU Unique Microfinance Bank Limited in 2012, a position he held until he retired from the bank in July 2025.

He was Chairman of Universal Finance Consult & Investment Limited from 2007 to 2017, and V-Capital Consulting Limited from 2015 to 2025.

He currently chairs the Board of Directors of Top Rank Oil Services Limited, a leading multifunctional engineering company providing diverse services to the nation’s Oil and Gas industry, Public and Private Sectors.

Mr Ososuakpor holds a Bachelor’s degree in Banking and Finance, and Masters Degree in Banking and Finance from the University of Benin. He also has both a Master of Science and a Doctorate Degree in Economics from Delta State University, Nigeria, and a Master of Business Administration (Finance) Degree from Bangor University, Wales, UK.

His professional qualifications include Fellowship of the Chartered Institute of Bankers of Nigeria; Institute of Credit Administration; Institute of Chartered Economists of Nigeria, and Association of Enterprise Risk Management Professionals.

He is also a Fellow of the Chartered Institute of Taxation of Nigeria; Member of the Nigeria Economic Society, and Chartered Banker Institute, Wales, UK.

READ ALSO: Fidelity Banks first quarter revenue up by 38%

The new non-executive director is also a Certified Expert in Risk Management and a key resource person at local and international training. His areas of interest include Risk Management, Data Analytics, Monetary, Macro, and Microeconomics, Financial Inclusion, and Corporate Governance.

He has attended leadership and executive development programmes at world-class institutions, including the London Business School and United Nations Institute for Training and Research.


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Air Peace blames fuel shortage, weather for Abuja-Maiduguri flight cancellation

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Air Peace has attributed the cancellation of its Abuja-Maiduguri flight on Saturday to aviation fuel shortage in Abuja and a subsequent restriction on operations at the Maiduguri airport.

The airline said the initial delays to its Abuja operations were caused by the unavailability of Jet A1 aviation fuel, which also affected other airlines operating from the airport.

It added that the situation improved after fuel became available and affected flights resumed, but its Abuja-Maiduguri service could not operate after the Maiduguri control tower withdrew an earlier extension for the flight to arrive beyond sunset.

Air Peace disclosed this in a statement following videos and reports of passengers expressing frustration over the disruption at Nnamdi Azikiwe International Airport in Abuja.

Why the flight was cancelled

According to the airline, the Maiduguri flight was initially expected to operate after the delay in Abuja operations had been resolved.

It said the control tower at the Maiduguri airport had initially granted an extension for the flight to arrive, but later, around the time passengers were being called for boarding, informed the airline that the airport had become subject to visual flight rules and would no longer operate beyond sunset.

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Visual flight rules, or VFR, generally require pilots to operate with specified visual conditions rather than relying on instrument flight procedures.

Air Peace said the change meant it could no longer operate the Abuja-Maiduguri service as planned.

The airline noted that it subsequently cancelled the flight and made arrangements to accommodate the affected passengers in a hotel.

It added that arrangements had been made to operate the flight the following day.

Passengers’ rights

The disruption comes amid increased scrutiny of flight delays and cancellations in Nigeria, as well as of how airlines handle passengers when services are disrupted.

PREMIUM TIMES reported that the Nigeria Civil Aviation Authority (NCAA) recorded 7,961 domestic flights in August, of which 4,765 were delayed, and 36 were cancelled.

Air Peace accounted for 1,330 of the delayed flights in the NCAA’s dataset, representing 71.4 per cent of the 1,864 flights recorded for the airline.

The airline, however, disputed the figures, saying it operated 2,564 flights during the month and that more than 700 flights were not captured in the NCAA data. It also said only 391 of its delayed flights were caused by factors within its operations.

The latest disruption also comes days after the NCAA directed Air Peace to prepare a compensation package for passengers affected by a delayed Lagos-Enugu flight.

The regulator said its preliminary investigation found that the airline had sent passengers the wrong notification about the rescheduled flight.

READ ALSO: Air Peace offers 25 per cent ticket discount to passengers over aborted Lagos-Enugu flight

Under the NCAA’s Part 19 regulations, airlines have obligations to passengers during delays and cancellations, including providing information and assistance within specified circumstances. For domestic flights, passengers are entitled to refreshments after a two-hour delay, while longer disruptions can trigger reimbursement, rerouting, accommodation, and, in qualifying circumstances, compensation.

The NCAA has also repeatedly stressed the importance of timely information and passenger care during disruptions.

Air Peace’s response

Air Peace said passengers affected by Saturday’s disruption were informed about the delays and provided with refreshments.

Following the cancellation, the airline said the affected passengers were provided with hotel accommodation and that arrangements were being made for the flight to operate the next day.

“We sincerely regret the inconvenience caused to our esteemed passengers and appreciate their patience and understanding,” the airline said.

It added that the safety and well-being of passengers remained its priority.


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Nigeria Digital Connectivity Investment Forum Set for Abuja, September 29–30

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The Nigerian Communications Commission (NCC) will host the Nigeria Digital Connectivity Investment Forum (NDCIF 2026) in Abuja on September 29–30, bringing together policymakers, investors, and industry leaders to chart the country’s path toward broader digital access.

Themed “Insights. Investments. A More Connected Nigeria,” the forum is built around four core pillars: policy dialogue, investment opportunities, industry collaboration, and sustainable solutions. Organizers say the event aims to spotlight people, infrastructure, and opportunity as the building blocks of a more connected nation.

The NCC is partnering with Swedfund and Ookla for the forum, signaling an emphasis on both international development financing and data-driven network performance insights.

The event will be tracked online under the hashtag #NDCIF2026, with updates available via the Commission’s social channels (@ngcomcommission).

The post Nigeria Digital Connectivity Investment Forum Set for Abuja, September 29–30 appeared first on Business Today NG.

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