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IIPCEL Confers FELLOW Grade on Elipse International CEO, Denzel Henry Akogwu

Published

1 year ago

June 11, 2025

vicky

IIPCEL , Fellow Grade ,Denzel Akogwu, Jos

The International Institute of Professional Corporate Entrepreneurship and Leadership (IIPCEL) on Saturday, June 7, 2025, conferred its highest professional honour — the prestigious Grade of FELLOW — on Mr. Denzel Henry Akogwu, President and CEO of Elipse International Ltd.

The special investiture ceremony which took place at the Plateau Club, Jos, coincided with the Sallah holiday. The event also featured the recognition and celebration of two distinguished fellows of the institute — Lt. Col. Aminu Yusuf Sangari (FPCEL, MNIM) and Dr. Gabriel Osiwomequin Aiso (FPCEL, Ph.D.) — in honour of their exceptional contributions to entrepreneurship and leadership.

Delivering remarks at the ceremony, the Director-General and CEO of IIPCEL, Mr. Godwin E. Urhie, emphasized the significance of the Fellow Grade, describing it as the pinnacle of professional recognition within the institute. “This award is reserved for individuals who have demonstrated exceptional performance as entrepreneurs and leaders. Mr. Akogwu is a young visionary who has made a profound impact in the mining sector, managing hundreds of employees and showing exemplary leadership in a challenging industry,” he stated.

Mr. Urhie highlighted IIPCEL’s commitment to wealth creation through innovation, networking, and leadership development. He added that the institute provides theoretical and practical training for aspiring entrepreneurs and business leaders, with professional grades ranging from affiliate to fellow, as well as corporate membership for organisations.

In his citation, Mr. Akogwu was lauded as a “chronic achiever” and key contributor to Nigeria’s business landscape. A graduate of Imo State University with a degree in Business Administration and holds an MBA from the University of Jos. Since founding Elipse International Ltd. in 2008, Akogwu has led the company to national prominence and global recognition in the mining sector.

He has also received numerous awards, including the Job Security Personality Award (2024), Icon of Wealth Creation and Empowerment (2022), and the NIMG Excellence Award in Mineral Exploration (2021), among others.

Described as a devoted family man, community leader, and philanthropist, Mr. Akogwu’s work through the Elipse Foundation has positively impacted countless lives. His conferment as FELLOW of IIPCEL marks another milestone in his distinguished career.

Shortly after being conferred, Mr. Akogwu expressed delight at receiving the award. He described the recognition as a great honour and a motivation to do more. As one of the youngest individuals to be conferred the Grade of FELLOW, he assured that he would bring renewed innovation, energy, and drive to IIPCEL and its mission.

Attendees at the event included IIPCEL members, invited guests, family and friends of the honourees, and members of the public. The institute reaffirmed its mission to empower professionals through training, mentorship, and strategic partnerships, including with the Bank of Industry, SMEDAN, and the Industrial Training Fund (ITF).

The Director-General encouraged aspiring entrepreneurs and professionals to join the institute, noting that IIPCEL is open to Nigerians and individuals across the globe seeking growth in corporate entrepreneurship and leadership.

For more information on IIPCEL and membership opportunities, visit http://www.iipcelglobal.org/

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Business

NAICOM Revokes Nigeria Reinsurance Licence Over Minimum Capital Deficit

Published

22 minutes ago

August 6, 2026

Preport

BY NKECHI NAECHE-ESEZOBOR—For not meeting the statutory Minimum Capital Requirement as stipulated by the Nigerian Insurance Industry Reform Act 2025, the National Insurance Commission (NAICOM), has withdrawn the operating licence of Nigeria Reinsurance Corporation.

The commission has also appointed Dr Muiz Banire, SAN, as receiver and provisional liquidator which took effect on 3 August 2026.

According to notice dated 4 August, Banire confirmed he was empowered by NAICOM to oversee the receivership and liquidation of the company (registration number RR-002).

The withdrawal of authorization followed the organization’s failure to meet mandatory capital baselines before the statutory deadline.

The appointed liquidator is tasked with tracing and securing assets, auditing liabilities, coordinating with regulatory authorities, and submitting progress reports.

He ordered an immediate freeze on all corporate bank accounts, instructing financial institutions, clients, and the public to ignore commands unless issued directly by him or certified representatives.

Regulators framed this measure as essential to uphold financial standards, protect consumers, and maintain sector stability.

All involved parties must channel future transactions exclusively through the liquidator while assets are realized and operations are systematically terminated.

The post NAICOM Revokes Nigeria Reinsurance Licence Over Minimum Capital Deficit appeared first on Business Today NG.

News

Amid legal battles, Suno says it will start watermarking songs

Published

24 minutes ago

August 6, 2026

Preport

Suno, the service that allows users to create AI-generated songs, today announced new tools to mark tracks made on its platform, limit downloads, and update community guidelines to prevent copycat songs. The changes come as Suno faces numerous lawsuits from labels and artist bodies.

In a blog post, co-founder and CEO Mikey Shulman shared core principles and said that the platform wants to promote original creation while enabling more people to make music with its AI tools.

One of the key points of contention involved users uploading AI-generated songs on other streaming platforms and gaming the system to earn revenue. Suno said that now it will use audio watermarking and fingerprinting to prevent misuse on other streaming platforms. It’s not clear if Suno will use an existing system like Google’s Synth ID or adopt a new one, and the company did not say when contacted by TechCrunch about this.

The startup also signed an agreement with lyrics provider Musixmatch to use its Sentinal system for copyright detection, the blog post said.

“These tools are designed to be durable and resistant to tampering, without affecting the listening experience. They are also not intended to pass judgment on whether a song is good, meaningful, or sufficiently human,” said Shulman in the blog. “Ultimately, we believe it should be up to artists and platforms to decide what they want to disclose. Our role is to build tools that give them transparency options and make it easier to collaborate across the industry.”

The company added that it plans to add a new download policy to bar mass distribution on streaming platforms, but the company declined to provide details.

Suno has also changed its community guidelines to explicitly prohibit “deceptive audio presented as real” and “using a real person’s voice or likeness without permission” to prevent copycats.

The company, which raised $400 million in a Series D funding round in June, is fighting legal battles on many fronts. The startup is in a lawsuit with the Universal Music Group (UMG) and Sony Music Group in a case co-ordinated by the Recording Industry Association of America (RIAA).

Late last month, a German court ruled in favor of a government-mandated licensing agency, GEMA, and said Suno was breaking copyright rules.

Separately, 404 Media reported that Suno experienced a data breach in November 2025, which revealed that the platform scraped YouTube, Deezer, and Genius to train its models. Later, data breach notification service Have I Been Pwned said that the data breach affected 55 million users. The startup now faces a class action lawsuit in Massachusetts, which alleges that the company overlooked security measures to focus on profit.

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