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Ecobank Nigeria Appoints Carol Oyedeji As Deputy Managing Director

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The Board of Ecobank Nigeria has announced the appointment of Carol Oyedeji as a Deputy Managing Director.  The appointment of Mrs. Oyedeji, , has since been approved by the Central Bank of Nigeria (CBN). She joined Ecobank Nigeria in 2017 as Executive Director, Consumer Banking and subsequently oversaw the Commercial Banking Business.

Carol Oyedeji is a seasoned banker and corporate administrator with over 30 years’ experience. Before joining Ecobank, she was the Regional Head of Client Acquisition & Relationship for Africa and the Middle East at Standard Chartered Bank, where she covered Retail Distribution in 14 countries across the Region. Carol was also at various times, Head of Business Banking for Standard Chartered Africa, Regional Head for Consumer Banking in West Africa, and Non-Executive Director at Standard Chartered Bank Gambia. She is a graduate of Chemistry from the University of Lagos and holds an MSc in Financial Management from the University of London and an MBA in Banking and Finance from the University of Lagos. She has attended several Leadership courses in Oxford University, INSEAD, Singapore, UCLA and Stanford University and is a member of various industry bodies.

In her comment, Chairman, Ecobank Nigeria, Bola Adesola said Carol’s appointment is in line with the Bank’s policy of ensuring participative leadership and building a pipeline of future leaders. She is optimistic that Carol’s wealth of experience would positively influence the goals and vision of the Pan African Bank. Also commenting, Managing Director, Bolaji Lawal described Carol’s appointment as an acknowledgement of her hard work and dedication to the Ecobank brand. He believes that the appointment will also encourage and propel other diligent and result oriented professionals within the organisation to continue to drive sustainable growth for the Bank.

Ecobank Nigeria Ltd. is a subsidiary of the Ecobank Group, the leading pan-African banking group with operations in 33 African countries and an international presence in four locations (London, Paris, Beijing, and Dubai). Ecobank Nigeria is a full-service bank providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organizations, medium, small, and micro businesses, and individuals.

Ecobank is a major player in the distribution of financial services in Nigeria, leveraging digital platforms including Ecobank Mobile App and USSD *326#, Ecobank Online, Ecobank OmniPlus, Ecobank Omnilite, EcobankPay, Ecobank RapidTransfer, ATMs, POSs and an extensive distribution network of over 250 branches and over 50,000 agency banking locations.

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Personality in Focus

Ooni of Ife, Wife Welcome Twin Sons

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The Ooni of Ife, Adeyeye Ogunwusi, has announced the birth of twin princes with his wife Mariam Ajibola, to the Royal House of Oduduwa.

The monarch disclosed this in a post shared on his official Facebook page on Friday, expressing gratitude to God for the safe delivery of the children and the wellbeing of their mother.

“To God be all the glory and adoration for His wondrous works and abundant blessings once again.

The announcement has drawn congratulatory messages from admirers and members of the Yoruba royal institution celebrating the arrival of the newborn princes.

After his marriage to Naomi Silekunola ended, the Ooni married several queens within a short period in 2022.

Among the queens are Mariam Anako, Elizabeth Akinmuda, Tobiloba Phillips, Ashley Adegoke, Ronke Ademiluyi and Temitope Adesegun.

During celebrations marking his 48th birthday and seventh coronation anniversary, the monarch explained that his marriages were connected to the traditional heritage and responsibilities attached to the throne of Ile-Ife.

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Femi Otedola Reportedly Acquires £53m Mansion in London

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Nigerian entrepreneur, Femi Otedola, has reportedly acquired a mansion in London valued at £53 million, further strengthening the presence of wealthy Nigerian investors in the United Kingdom’s luxury property market.

According to a report by Bloomberg on Thursday, the property is located in St John’s Wood, one of London’s most exclusive residential districts situated close to Regent’s Park.

The report stated that the transaction was concluded late last year, citing a UK filing.

The mansion reportedly features 10 bedrooms alongside luxury facilities including a cinema, spa and cigar room. The property was previously placed on the market for £75 million in 2020, according to media reports.

Otedola is the chairman and majority shareholder of First HoldCo Plc, with business interests spanning finance, energy, shipping and insurance brokerage.

The acquisition comes amid sustained activity in London’s luxury real estate sector despite increased property taxes and adjustments to tax policies affecting foreign residents.

Prime areas such as St John’s Wood, Belgravia and Chelsea continue to attract ultra-wealthy buyers from across the world, with multimillion-pound transactions remaining common in the high-end housing market.

The latest purchase also adds to Otedola’s collection of luxury assets and reflects the continued attraction of London’s upscale neighbourhoods to affluent Nigerian businessmen and corporate executives.

In recent years, several Nigerian business figures have been associated with expensive property acquisitions in the UK capital.

In 2025, Roosevelt Ogbonna, the Chief Executive Officer of Access Bank, was also reported to have acquired a £15 million property in Hampstead, another affluent area in London popular among wealthy foreign investors.

St John’s Wood, where Otedola’s mansion is located, is widely known for its luxury detached homes, privacy and proximity to landmarks such as Regent’s Park and the Lord’s Cricket Ground.

Bloomberg

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Aare EmmanuelKing Congratulates Olofin of Ilisan Remo, Oba Sonuga, on 86th Birthday

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The Borokinni of Ilishan Remo, Sir Aare Adetola EmmanuelKing KOF, has extended warm birthday felicitations to the Olofin of Ilisan Remo, His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, as the revered monarch celebrates his 86th birthday anniversary.

In a statement released to commemorate the royal father’s birthday, Aare Adetola EmmanuelKing described the monarch as a symbol of peace, wisdom, progress, and exemplary royal leadership, whose reign has continued to bring honor and development to Ilisan Remo.

According to him, since ascending the revered throne of his forefathers, the Olofin has consistently demonstrated purposeful leadership and unwavering commitment to the unity, growth, and cultural advancement of the kingdom, while fostering peace and harmony among the people.

He further noted that the monarch’s reign has inspired pride and confidence among indigenes of Ilisan Remo both at home and in the diaspora, adding that Kabiyesi’s dedication to community development and preservation of tradition remains highly commendable.

The Borokinni prayed for continued divine grace, sound health, long life, and greater wisdom for the royal father as he continues his impactful reign on the throne of his ancestors.

“On behalf of my family, associates, and well-wishers, I heartily congratulate His Royal Majesty, Oba (Dr.) Barr. Michael Olufemi Mojeed Sonuga Daniyan II, the Olofin of Ilisan Remo, on the joyous occasion of his 86th birthday. May Almighty God continue to strengthen Kabiyesi with peace, sound health, and many more years of fruitful reign,” he stated.

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