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Folake Ani-Mumuney: First Class Strategist, Achiever Extra-ordinaire
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By Eric Elezuo
One of the basic achievements of the Beijing Women Conference of 1995 was creating untold courage among women who are determined and committed to making a paradigm shift towards affecting humanity for the positive reasons. One of such women is the strong woman at Nigeria’s foremost bank, First Bank, in the person of Mrs. Folake Ani-Mumuney, who is the General Manager as well as sits atop Marketing and Corporate Communication department of the bank.
Ani-Mumuney, simply known as Folake or FAM by friends and well-wishers, is a humble combination of beauty, brains and workaholism. She is a stress-free achiever, who also chairs the Board of Directors of the insurance arm of the group.
Born to the family of late erudite former Medical Director of the National Orthopedic Hospital, Dr. Francis Owosina, who served between 1977 and 1989, Folake could very well be said to be a chip off the old block, striding in the very transparent footsteps of her forebears. Her father is reputed to have developed the modernised general and specialised Orthopaedic and Emergency Services department of the hospital in addition to introducing hip replacement and spinal surgery when he held sway in the hospital. He was also the brain behind the recognition of the National Orthopaedic Hospital, Igbobi as a World Health Organisation collaborating centre in 1979 as well as establishing the Post Basic Nursing School and the Residency programme in Orthopaedics.

Versatile and very prolific, Folake holds a degree in Philosophy and Law and also a diploma in Business Computing System Analysis and Design in addition to several management certificates and affiliation to many professional bodies.
She began her prolific and illustrious career with the British Airways, where she was responsible for Brands Policies and Communications across Europe and African region comprising 59 countries. She was practically running 59 countries, more than the size of the African continent at a time. It could only be as a result of her doggedness and desire to be the best one can be. She equally managed portfolios as Business Analyst, Strategy & Business Planning Manager, New Business Development Manager and Head marketing & Communications Manager Africa. And she was quite young then – a typical example of not too young to run product.
Her dexterity attracted the presence of the richest man in Africa, Alhaji Aliko Dangote, who promptly co-opted her into the group. Bringing her experiences to bear, she initiated the speedy turnaround of Dangote Industries as its Chief Marketing and Communication Officer. Her days at Dangote are remembered with fondness for the giant strides she took.
It was from Dangote that Ani-Mumuney moved to First Bank where she presently serves as Head of Marketing & Corporate Communications and General Manager. She is known to be the brain behind the meteoritic rise in the fortunes of the bank as she continuously dishes out one form of market oriented policy after another.

It is not for granted therefore, that her prolific nature was rewarded in 2017 when she emerged as the 10th President of the Advertisers Association of Nigeria in a keenly contested election. She therefore made history as the first female president of the association. Folake is known for creating firsts.
Between September 2017 when she took over the mantle of leadership of the association and today, Folake has walked her talk, creating a level playing ground for stakeholders as well as room for profit maximization in members’ respective businesses. Her intelligence and willingness to positively affect lives have remained her propelling philosophy to greater heights.
In the testimonies of those who had been privileged to work with her or just come across her, Folake is a quintessential enigma, down to earth and full of respect – a virtue she confessed to receiving from her disciplinarian parents – her late father and her still bubbling over 80 years mother.
With the likes of Wasiu Abiola of Nigerian Breweries, Nkiru Olumide Ojo of Stanbic IBTC, Nnena Osi Anugwa and Onome Asgbara of Dufil Prima on the driving wheels with her, Ani-Mumuney has been able to steer the progress of ADVAN forward, initiating new vistas and building on the achievement of the past executives.
The communication and marketing expert, who has conquered the fields of aviation, manufacturing and banking, was recently appointed to chair the insurance brokers’ arm of the group, FBN Insurance Brokers, while maintaining her position. Her appointment was contained in a notification to the Nigeria Stock Exchange (NSE), shareholders and the general public. Her elevation is a function of ability and trust.
A philanthropist of immeasurable standard, Folake has engaged in veritable corporate social responsibility, including individual based assistance to persons and communities. She is known to have put smiles on the faces of everyone that has come across her in one way or another, and has a retinue of gratitude in the bargain.
Folake is happily married with lovely children who are gradually carving a niche for themselves in their various little ways.
Ma, for being who you are (intelligent, productive and humane) and striving to make life bearable for as many people, you are our Boss of the Week. Congratulations!
Headlines
Tinubu Jets Out to London for Three Weeks Leave
President Bola Tinubu departed Abuja, the nation’s capital on Sunday for Europe to begin a three-week vacation as part of his annual leave.
Presidential spokesperson, Bayo Onanuga, in a release disclosed that Tinubu’s first stop will be London, United Kingdom.
The President is expected to return home after the working vacation to join the hectic campaign for the January 2027 election.
Vice President Kashim Shettima had earlier this month went on two-week leave, his first since the Tinubu government assumed office over three years ago. He has since returned.
Headlines
Tinubu Seeks AU Action on Xenophobic Attacks in South Africa
President Bola Tinubu has raised concerns with the African Union (AU) over repeated xenophobic and Afrophobic attacks against Africans and other foreign nationals in South Africa.
Tinubu urged African leaders to take collective action and include the issue on the agenda of the AU’s 40th Ordinary Session, scheduled for January 2027.
The president’s position was presented by Vice President Kashim Shettima at the 21st Extraordinary Session of the AU Assembly in Luanda, Angola.
Tinubu called on African leaders to renew their commitment to protecting the safety, dignity and rights of all Africans across the continent.
He said: “Nigeria wishes to express its concern over the recurring xenophobic and Afrophobic attacks against Africans and other nationals in South Africa.
“While recognising South Africa’s sovereign right to enforce its immigration laws and acknowledging its contributions to the continent, Nigeria stresses that such attacks undermine African solidarity, unity and peaceful coexistence, and require urgent collective attention.”
He added: “It is on this note that Nigeria calls on this august Assembly to place the matter on the agenda of the upcoming 40th Ordinary Session of the AU Assembly, scheduled for January 2027, for consideration and appropriate action.”
The president also urged the AU to strengthen efforts to tackle xenophobia and Afrophobia across the continent.
He stressed that “dialogue, preventive diplomacy, and collective action remained essential to preserving African unity.”
On Africa’s broader security challenges, Nigeria supported the adoption of the Luanda Action Plan as a way to improve conflict prevention.
Tinubu argued that preventing conflicts would be more sustainable and less expensive than dealing with them after they have started.
“For Nigeria, conflict prevention remains more cost-effective and sustainable than conflict management,” President Tinubu said.
He also warned that separate and uncoordinated peace efforts, as well as growing foreign involvement through military forces, mercenaries and private defence companies, could weaken Africa’s ability to manage its own conflicts.
Tinubu further called on countries that manufacture and export weapons to work more closely with African governments to prevent weapons and ammunition from being diverted to terrorists and other armed groups.
The president said the AU already has strong systems for preventing and resolving conflicts, but limited trust and poor implementation have continued to reduce their effectiveness.
Headlines
2027: G100 Top Shots for Abuja Monday Meeting
Key leaders of Nigeria’s opposition, including former Vice President Atiku Abubakar and former Governor of Anambra State, Peter Obi, are expected to attend the First Summit of Nigeria’s Opposition Political Parties, convened by the G100, on Monday, August 31, 2026, at the Yar’Adua Centre, Abuja.
The summit, under the theme, “A Framework for Opposition Cooperation and Coordination,” will bring together the leadership of six major opposition parties to begin structured negotiations on the terms, institutions and principles upon which they may cooperate ahead of the 2027 general election.
In a statement signed by G100 Convener, Salihu Moh. Lukman, the group said the meeting is not meant to decide presidential candidacy in one sitting, but to establish a formal architecture for transparent and collective negotiations.
“The first question before party leaders is not who leads the ticket. It is what we are, together, prepared to do for this country,” the statement said.
The summit follows the G100’s publication on 2 August 2026 of the Doctrine of a Necessary Democratic Opposition, and weeks of consultations with the African Democratic Congress (ADC), Allied Peoples Movement (APM), Nigeria Democratic Congress (NDC), Peoples Democratic Party (PDP), Peoples Redemption Party (PRP) and Social Democratic Party (SDP).
Those talks produced a shared briefing document that identified areas of convergence while acknowledging the parties’ distinct histories and interests.
“At the centre of the consultations was a common recognition of the need for a credible, organised and competitive democratic opposition, and a willingness to engage the difficult questions that meaningful cooperation ahead of 2027 will require,” Lukman stated.
Among the proposals before the summit is the creation of five specialised Working Groups.
If approved, the groups will have four weeks to develop the principal documents and agreements needed to give institutional form to opposition cooperation.
“Cooperation does not require any party to disappear into another. The first question before party leaders is not who leads the ticket. It is what we are, together, prepared to do for this country.
“The First Summit is not intended to determine, in a single sitting, questions of presidential candidacy or the final form that opposition cooperation may take. Its immediate purpose is more fundamental, to establish and authorise a formal architecture through which those questions can be negotiated collectively, transparently and in good faith.
“Each participating political party is expected to attend with a delegation of leaders and key stakeholders, drawn from its national leadership and other relevant constituencies within the party. These delegations will participate fully in the deliberations of the Summit, ensuring that the process extends beyond the principal party leaders and draws upon a broader representation of political experience, perspectives and interests.
“Among the proposals before the Summit will be the establishment of structures that will facilitate negotiations and cooperation and five specialised Working Groups. Subject to the decisions of the participating parties, these bodies will be mandated to develop, within four weeks, the principal documents and agreements required to give institutional form to opposition cooperation,” the statement added.
Each party is expected to attend with a delegation drawn from its National Working Committee (NWC) and other key constituencies.
Expected participants at the summit are national chairmen and NWC members of ADC, APM, NDC, PDP, PRP, SDP; presidential candidates and running mates of the participating parties; and G100 signatories and members of the Minority Caucus of the House of Representatives.
The G100 said it is convening the summit as a facilitator and observer, not as a substitute for the constitutional authority of the parties.
“The decisions arising from this process will remain the responsibility of the parties themselves,” the statement added.







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