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Meet Yemisi Edun, FCMB’S New Acting MD

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The management of First City Monument Bank has appointed Yemisi Edun as its acting managing director.

Mrs Edun, holds a bachelor’s degree in Chemistry from the Obafemi Awolowo University, Ile-Ife, and a Master’s degree in International Accounting and Finance from the University of Liverpool, United Kingdom.

She is also a fellow of the Institute of Chartered Accountants of Nigeria and a Chartered Financial Analyst.

Mrs Edun began her career with Akintola Williams Deloitte in 1987 with focus on corporate finance activities and audit of banks and other financial institutions.

She joined FCMB in 2000 as Divisional Head of Internal Audit and Control before assuming the role of Chief Financial Officer of the bank.

The acting MD is also an Associate Member of the Chartered Institute of Stockbrokers and an Associate Member of the Institute of Taxation of Nigeria, Member of Information Systems Audit and Control, U.S.A. and a Certified Information Systems Auditor.

The decision to appoint Edun acting MD came amidst the scandal involving the managing director of the bank, Adam Nuru.

Mr Nuru proceeded on leave earlier in the week to enable the bank to investigate the allegations against him.

The bank has been in the eye of the storm lately when allegations of unprofessional romantic affair were leveled against Mr Nuru.

It was reported that over 1900 people signed a petition asking the Central Bank of Nigeria (CBN) to sack the Mr Nuru.

The petition alleged that the bank MD was responsible for the demise of a staffer, Tunde Thomas.

Mr Thomas was said to have died of depression on December 16, 2020.

According to the petition, the FCMB MD allegedly had an affair with Moyo Thomas, who was the deceased’s wife, resulting in two children.

It alleged that Moyo had informed her husband that she was leaving Nigeria for the United States with the kids only to call him upon arrival that the children do not belong to him.

The petition claimed the news initially caused Mr Thomas to have a stroke but he later recovered and thereafter met another lady whom he planned to marry.

Mr Thomas was, however, said to have suffered a cardiac arrest after returning from work about two days before his introduction to his already pregnant girlfriend.

On Tuesday, FCMB called on the public to exercise caution as it looks into the allegations.

In a Twitter post Wednesday night however, the bank said Mrs Edun has only been appointed in acting capacity, “and that she has not been made the substantive managing director”.

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Personality in Focus

Olubadan of Ibadanland, Oba Olakulehin, Dies at 90

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The Olubadan of Ibadanland, Oba Owolabi Olakulehin, has died. He was aged 90.

Oba Olakulehin, who ascended the throne in July 2024, died in the early hours of Monday, July 7, 2025, after spending a year on the throne, and two days after his 90th birthday

Oba Olakulehin received the staff of office from Oyo State Governor Engr. Seyi Makinde, on July 12, 2024, as the 43rd Olubadan of Ibadanland.

Oba Olakulehin ascended the throne from the chieftancy rung of Balogun Olubadan, following the demise of Oba (Dr.) Moshood Lekan Balogun, Alli Okunmade II, who died at the age of 81 years on March 14, 2024.

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Things Fall Apart Festival 2025: Chimamanda Adichie Calls for Igbo Unity, Honoured by ATPN

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Global literary icon, Chimamanda Ngozi Adichie, has been inducted as an Honorary Fellow of theAssociation of Tourism Practitioners of Nigeria (ATPN), in recognition of her remarkable contributions to promoting Nigeria’s cultural identity through literature. Her works, which have earned worldwide acclaim, continue to project Nigerian—and particularly Igbo—culture on the global stage.

The honorary induction took place during the Things Fall Apart Festival (TFA) 2025, held in Enugu and organized by the Centre for Memories – Ncheta Ndigbo, with endorsement from the National Council for Arts and Culture (NCAC) and the ATPN, and in partnership with iTour Africa. The festival is a celebration of the legacy of Chinua Achebe’s timeless novel, Things Fall Apart.

Adichie, who chaired the festival, delivered a stirring address that emphasized the urgent need for unity and cultural pride among the Igbo people. Also present at the event were several dignitaries including Sir Ike Chioke, Managing Director of Afrinvest; Sir Emeka Mba, former DG of the Nigerian Broadcasting Commission and founder of Afia TV; and celebrated actor Chief Nkem Owoh (Osuofia).

Speaking on behalf of ATPN National President Omo-Oba Adetunji Femi Fadina, the association’s Deputy President II, Wilson Uche Ugwu, emphasized the vital role of cultural identity in tourism development. He urged Nigerians—especially the Igbo—to take pride in their heritage and support initiatives that preserve and promote indigenous culture. Ugwu also reaffirmed ATPN’s commitment to professionalism among tourism practitioners and the need to avoid distorting Nigeria’s rich history and traditions.

In her keynote speech, Chimamanda Adichie made a powerful call for internal reflection and unity within the Igbo community:

“Ndigbo k’anyi tetalu n’ura. Let us wake up. Ife emebigo n’ala Igbo. Things have fallen apart in Igbo land,” she said. “We often speak of political marginalisation, and indeed any honest assessment of post-war Nigerian history acknowledges that. But before we can truly challenge external forces, we must first ‘clean house.’ We are giving those who want to marginalise us even more reasons to justify their actions.”

She stressed that unity does not mean uniformity but a conscious choice to collaborate for a greater goal despite differences.

“If all governors and senators from the Igbo-speaking states come together and set aside party affiliations, it would bestow a significant bargaining power to influence policies beneficial to the region.”

Adichie also delved into the erosion of Igbo language and identity, lamenting the decline of Igbo literature and the increasing pride in raising children who do not speak their native tongue.

“Languages are beautiful, and the more languages a child can speak, the better. But what’s happening in Igbo land is not about the ability to learn languages—it is about the lack of value for what is ours. Even our naming culture is eroding. We now give names not for their meaning, but for how ‘Western’ they sound.”

She drew parallels with the Germanic tribes, who despite having multiple dialects, united to form a modern German state. In contrast, she warned that internal divisions within Igbo society, often rooted in political rather than cultural identities, are weakening the community.

“Igbo is Igbo. Nobody is more Igbo than another. The distinctions we make today—‘Anambra Igbo,’ ‘Delta Igbo’—are political, not cultural. Our strength lies in our unity.”

The Things Fall Apart Festival 2025 served not only as a celebration of Achebe’s literary genius but also as a rallying point for cultural rebirth and communal introspection. It was a fitting occasion to honour Chimamanda Adichie, a torchbearer of African storytelling and cultural preservation.

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Popular Televangelist, Jimmy Swaggart Dies at 90

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Famous American televangelist, Jimmy Swaggart, has died at the age of 90.

Jimmy Swaggart’s death was announced on his Facebook page on Tuesday.

He reportedly died two weeks after suffering a cardiac arrest at his Louisiana home on June 15 2025.

The once most recognized Pentecostal preacher in the United States, was brought down in the late 1980s by sex scandals.

The pastor of the Family Worship Center in Baton Rouge, was reportedly caught on camera in 1988 with a prostitute in New Orleans.

Jimmy Swaggart was embroiled in a prostitution controversy in 1988 after he accused Marvin Gorman, his fellow preacher, of infidelity.

In retaliation, Gorman hired a private investigator who caught Swaggart with a prostitute.

The development triggered a national scandal, prompting him to temporarily step down from preaching.

Addressing the incident during a tearful sermon in 1988, Jimmy Swaggart apologized to his parishioners.

“I have sinned against you. I beg you to forgive me”, he said.

After the scandal, he, however, continued preaching for decades, but with a reduced audience.

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