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Leaders, Associates Celebrate Herbert Wigwe at First Year Memorial
Eminent Nigerians and Global Leaders on sunday evening, remembered banking icon Herbert Wigwe in an evening of tributes and celebration of his life and legacy. It was the first anniversary of his passing in a helicopter accident in Southern California on February 9, 2024. He died along with his wife, Doreen, son Chizi and friend, Abimbola Ogunbanjo.
The four-hour memorial service, held at the ballroom of the Eko Hotel, Victoria Island, Lagos, also featured prayers, musical performances and ministration by Lagos preacher, Pastor Itua Ighodalo. There was also a keynote lecture by the Prime Minister of Barbados, Ms Mia Mottley. Former President Olusegun Obasanjo, in a tribute, described Wigwe as a quintessential banker and business leader who made immense contributions to the growth of Nigeria’s banking industry.
Recalling his numerous engagements, travels and works with Wigwe, Chief Obasanjo noted that the late banker had taken Access Bank as a small lender in 2002 to a global business empire. Obasanjo’s tributes were read by Bolaji Agbede, the acting Group Chief Executive of Access Holdings, the parent company of the bank and other subsidiaries.
President Bola Tinubu said Wigwe’s pioneering legacy in business and finance is a testament to the uncanny ability of Nigerians to overcome obstacles and excel in their chosen fields.
The President, who was represented by Finance Minister Olawale Edun, commended Wigwe for founding a university which is poised to make enormous contributions to higher education in Africa. President Emmanuel Macron of France described the late Wigwe as a master of the art of business diplomacy – a relatively new field that seeks to adapt the skills and mindset of the government diplomat to the needs of the firm he leads.
Macron noted that as President of French-Nigeria Business Council (FNBC), Wigwe had used the platform to promote bilateral relations between the two countries. President Macrons’s statement was read by a senior diplomat at the French Embassy in Abuja. In a keynote lecture delivered extempore, Prime Minister Mottley of Barbados regretted the loss of important correspondent banking relationships (CBRs) during the 2009 financial crisis by banks across the Caribbean and noted that her country has risen to the challenge.
A correspondent banking relationship (CBR) is a bilateral arrangement between banks, often involving a reciprocal cross-border relationship in multiple countries. The arrangement involves one bank (the correspondent – for example a major international bank) providing a deposit account or other liability accounts, and related services, to another bank (the respondent – for example a bank located and doing business in the Caribbean, or Nigeria or any other country).
The Prime Minister announced that Access Bank would soon commence banking business in Barbados once the necessary regulatory approvals have been concluded.
The Prime Minister recalled her fond memories of Herbert Wigwe as a consummate international business icon and recollected that King Jaja of Opobo was exiled to her country by the British colonialists in the 17th century for refusing to implement a nefarious British tax policy and obstructing the colonialists’ commercial and political expansion. Ms Mottley was particularly excited that Opobo is a community in the present day Rivers State, Wigwe’s home state; and she tagged on that to create a pun. ‘’Tochi’’, she called out to Wige’s daughter, now the eldest child, who was also seated in the front row with the rest of the family, “you will soon come to Barbados; but not as an exile’’.
The audience laughed. Lagos State Governor, Babajide Sanwon-Olu gave an impassioned and heartfelt tribute, describing Wigwe as ‘’larger than life person, who was a builder of people; ideas and fortune’’.
Sanwon-Olu described Wigwe as brave and courageous.
His words: “Where others hesitated, Herbert moved. Lagos has felt his absence. Across the state, his legacies abound’’.
He mentioned a few of such legacies as the renovated National Arts Theatre; Access Bank Lagos Marathon and the triumph over Covid-19.
One of the high points of the evening was Aigboje Aig-Imoukhuede’s emotional tributes in which he said that his partnership and friendship with Wigwe endured for so long due to the trust they had in each other. ‘’I was never, for once, afraid that Herbert was in the room, closing deals, when I was not there; and vice versa’’, he said, eliciting a prolonged applause. He announced that despite malicious publications in the social media, he would never abandon Herbert Wigwe’s children.
“Tochi; Hannah; David; Okachi, you are mine; just as my children were your dad’s children when he was here with us’’, Aig-Imoukhuede said, to the applause of the audience, some of whom were already tearing up.
“They’re irreplaceable’’, he said, referring to the departed.
“Herbert is irreplaceable as a friend; he is irreplaceable as a partner’’.
Two of Chizi’s friends, Rasheed Sarumi and Tunde Ogundare, also gave emotional tributes to him; while Linda Petinrin and Queenette Allagoa remembered the late Chizoba Wigwe in emotional tributes. Ambassador Idaere Gogo-Ogan (Herbert’s longstanding friend); Roosevelt Ogbonna (CEO of Access bank Plc); Uche Wigwe (Herbert’s cousin and trustee of Wigwe University) and David Wigwe (Herbert’s son) also gave stirring homage in what was clearly an evening of mixed emotions and celebrations of beautiful lives lost.
Other dignitaries at the event were Chairman of THISDAY Arise Media Group, Prince Nduka Obaigbena; Mr. Paul Usoro, SAN and chairman of Access Bank Plc; Emir Kano, Mohammed Sanusi II; Prof Benedict Oramah, President of Afrexim Bank; Former CEO of GTBank, Fola Adeola; Ben Akabueze, former DG of Budget Office of the Federation; executives and staff of Access Bank Group.
During a dinner after the memorial service, Prince Ogbaigbena formally presented THISDAY Lifetime Achievement Award for Herbert Wigwe to Tochi Wigwe.
President Bola Tinubu has nominated Ibok-Ete Ekwe Ibas, the immediate past sole administrator of Rivers State and a former Chief of Naval Staff, as a non-career ambassador.
Tinubu also nominated Ita Enang, a former senator; Chioma Ohakim, former First Lady of Imo State; and Abdulrahman Dambazau, former Minister of Interior and ex-Chief of Army Staff, as non-career ambassadors.
The United States Department of State on Wednesday announced that it is outlining new measures to address violence against Christians in Nigeria and other countries.
The policy, according to a statement released by the department, targets radical Islamic terrorists, Fulani ethnic militias, and other actors responsible for killings and attacks on religious communities.
“The United States is taking decisive action in response to the mass killings and attacks on Christians carried out by radical Islamic terrorists, Fulani militias, and other violent groups in Nigeria and beyond,” said Secretary of State Marco Rubio in a statement.
According to the statement, a new policy under Section 212(a)(3)(C) of the Immigration and Nationality Act allows the State Department to restrict visas for individuals who have “directed, authorised, significantly supported, participated in, or carried out violations of religious freedom,” and, when appropriate, extend those “restrictions to their immediate family members.”
The briefing, led by House Appropriations Vice Chair and National Security Subcommittee Chairman Mario Díaz-Balart, included members of the House Appropriations and House Foreign Affairs Committees, as well as religious freedom experts.
Participants included Representatives Robert Aderholt, Riley Moore, Brian Mast, Chris Smith, US Commission on International Religious Freedom Chair Vicky Hartzler, Alliance Defending Freedom International’s Sean Nelson, and Dr Ebenezer Obadare of the Council on Foreign Relations.
President Bola Tinubu recently approved Nigeria’s delegation to the new US–Nigeria Joint Working Group, formed to implement security agreements from high-level talks in Washington led by National Security Adviser Nuhu Ribadu.
The move follows growing concerns over terrorism, banditry, and targeted attacks on Christians in Nigeria, prompting increased US scrutiny and warnings about the protection of vulnerable faith communities.
On November 20, the US House Subcommittee on Africa opened a public hearing to review Trump’s redesignation of Nigeria as a Country of Particular Concern, placing the country under heightened scrutiny for alleged religious-freedom violations.
Lawmakers examined the potential consequences of the designation, which could pave the way for sanctions against Nigerian officials found complicit in religious persecution.
The Punch
United States of America lawmakers have sharply contradicted the Nigerian government’s position on the ongoing massacres in the country, describing the violence as “escalating,” “targeted,” and overwhelmingly directed at Christians during a rare joint congressional briefing on Tuesday.
The closed-door session – convened by House Appropriations, Vice Chair Mario Díaz-Balart, as part of a Trump-ordered investigation – examined recent killings and what Congress calls Abuja’s “deeply inadequate” response.
President Trump has asked lawmakers, led by Reps. Riley Moore and Tom Cole, to compile a report on persecution of Nigerian Christians and has even floated the possibility of U.S. military action against Islamist groups responsible for the attacks.
At the briefing, Vicky Hartzler, chair of the U.S. Commission on International Religious Freedom, warned that “religious freedom [is] under siege” in Nigeria, citing mass abductions of schoolchildren and assaults in which “radical Muslims kill entire Christian villages [and] burn churches.” She said abuses were “rampant” and “violent,” claiming Christians are targeted “at a 2.2 to 1 rate” compared with Muslims.
While acknowledging Nigeria’s recent move to reassign 100,000 police officers from VIP protection, Hartzler said the country is entering a “coordinated and deeply troubling period of escalated violence.” She urged targeted sanctions, visa bans, asset freezes and tighter conditions on U.S. aid, insisting Abuja must retake villages seized from Christian communities so displaced widows and children can return home.
The strongest rebuke came from Dr. Ebenezer Obadare of the Council on Foreign Relations, who dismissed Abuja’s narrative that the killings are not religiously motivated. He called the idea that extremists attack Muslims and Christians equally a “myth,” stressing the groups operate “for one reason and one reason only: religion.” Higher Muslim casualty figures, he argued, reflect geography, not equal targeting.
Obadare described Boko Haram as fundamentally anti-democratic and accused the Nigerian military of being “too corrupt and incompetent” to defeat jihadist networks without external pressure. He urged Washington to push Nigeria to disband armed religious militias, confront security-sector corruption and respond swiftly to early warnings.
Sean Nelson of ADF International called Nigeria “the deadliest country in the world for Christians,” claiming more Christians are killed there than in all other countries combined and at a rate “five times” higher than Muslims when adjusted for population. He said extremists also kill Muslims who reject violent ideologies, undermining Abuja’s argument that the crisis is driven mainly by crime or communal disputes.
He pressed for tighter oversight on U.S. aid, recommending that some assistance be routed through faith-based groups to avoid corruption. Without “transparency and outside pressure,” he said, “nothing changes.”
Díaz-Balart criticised the Biden administration’s reversal of Trump’s designation of Nigeria as a “country of particular concern” in 2021, saying the decision had “clearly deadly consequences.” Lawmakers from the Appropriations, Foreign Affairs and Financial Services committees signaled further oversight actions as they prepare the Trump-directed report.
Hartzler pointed to recent comments by Nigeria’s Speaker of the House acknowledging a “coordinated and deeply troubling period of escalated violence,” calling it a rare moment of candor. She also welcomed the redeployment of police officers as “a promising start after years of neglect.”
But she stressed that these gestures are far from sufficient, insisting the Nigerian government must demonstrate a real commitment to “quell injustice,” act swiftly on early warnings, and embrace transparency.
The Nigerian Embassy did not immediately respond to a request for comment, according to source.
