Personality in Focus
PhD @61: Feel the Pain, But Never Stop – Dr. Bisi Oni
July 24, 2025 was a day of triumph, gratitude, and deep reflection as Dr. Bisi Oni walked across the stage to receive his doctoral hood during the 14th Doctoral Hooding Ceremony at Babcock University, Ilishan-Remo, Ogun State. But this was more than a personal milestone — it was the celebration of perseverance, purpose, and the power of vision.
At 61, many slow down. But for Dr. Oni, highly respected finance executive, motivational voice, and leader at FrontQuest opens up on purpose, pain, and pressing forward
In this exclusive interview with THERESA MOSES, he unpacks key issues in Nigeria’s economic development and the psychology behind market behaviour, his motivation for returning to academia, and the powerful role of resilience and faith in pushing through life’s toughest moments.
Dr. Oni, congratulations on this outstanding academic achievement. What motivated you to pursue a PhD at this stage of your life and career?
Dr. Bisi Oni: Thank you so much. For me, this was a long-held dream — one I carried since my undergraduate days back in the 1980s. But life happened. I had to prioritize family responsibilities and career progression first. Over the years, the hunger never left. I always told myself that when the time and space came, I’d return to fulfill that academic dream. And I did — not just for me, but to set an example for my children, mentees, and anyone who believes it’s too late to begin again.
Your thesis topic — “Global Shocks, Investor Sentiment and the Nigerian Stock Market” — seems timely and complex. What were your key findings?
Dr. Oni: One major revelation was the gap between theoretical assumptions and real-world behavior in the financial market. Theory teaches that investors should buy low and sell high. But in practice, what we observe is quite the opposite — investors often act based on sentiment, not logic. My research revealed the impact of herd mentality, where people buy into market rallies and panic-sell during downturns. This behavioural pattern leads to avoidable losses, and understanding it is key for market efficiency, investor education, and regulatory policy.
Given your vast industry experience, how has academia helped you understand Nigeria’s economic challenges differently?
Dr. Oni: Industry teaches action. Academia explains why. I call it bridging the gap between “town and gown.” Nigeria’s economy is plagued by structural issues — overreliance on oil, fiscal indiscipline, and weak productivity. What academia helped me see is that the solution isn’t rocket science. It’s rooted in creating real value. Nations that thrive do so by producing, not extracting. Agriculture, renewable energy, and manufacturing can transform Nigeria, but we must fix insecurity first and ensure continuity in economic policy beyond political cycles.
Security remains a major barrier to agricultural development. How should Nigeria tackle this?
Dr. Oni: The government has superior intelligence and resources. If we’re truly committed, we must act decisively. Take the politics out of economics. No ragtag militia should overpower a sovereign state. If agriculture is our priority, then we must secure farmland and protect farmers. We must invest where it matters — in human lives and food security. Countries like Israel and Turkey achieved agri-revolutions with less fertile land than Nigeria. What’s stopping us? Willpower and governance.
What’s your advice for financial institutions and organizations trying to drive innovation and risk management?
Dr. Oni: Change your mindset. In Nigeria, we default to excuses. We ask, “Why it won’t work,” before “How can we make it work?” That mindset kills innovation. I’m already planning my next learning phase — blockchain technology or artificial intelligence. Someone asked, “At your age?” I replied, “What has age got to do with learning?” If your mind stays open, possibilities are endless. Innovation, risk management, and growth begin with mindset reorientation. Above all, continuous learning keeps your brain sharp and improves your productivity.
You mentioned there were times you wanted to quit. What pulled you through?
Dr. Oni: Oh, many times! But my wife was my greatest encourager. She’d say, “You told us you were starting a PhD — what will you tell your children if you give up?” That stuck with me. I also remembered my “why.” For me, it wasn’t just about the degree. It was about the example I was setting. If at 58 I could start a PhD and graduate at 61, then nobody — not my kids, not my mentees — has an excuse not to grow.
You’re a natural motivator and teacher. Do you see yourself stepping into academia full-time?
Dr. Oni: (Smiles) Teaching flows through me — in church, at work, with mentees. I take pride not just in revenue targets, but in the number of professionals who’ve grown under my leadership. Academia is definitely on the table. If I can inspire the next generation and bridge the gap between theory and industry, then I’ll consider that a worthy second career.
You spoke of loss — your pastor, and even your beloved dog, Krypto. How did these moments shape this journey?
Dr. Oni: Deeply. Krypto, my daughter’s dog, would sit quietly with me during long study nights. She was a silent companion. Losing her during my PhD program was tough. My pastor also passed away shortly before this day. He believed in me. Their memory drives me. This journey is also for them.
Finally, what advice do you have for those balancing career, family, and education, and are on the verge of giving up?
Dr. Oni: Feel the pain, but never stop. Remember your why. Push through the darkness — that’s usually when the dawn is closest. Failure is just a number. Fall, but rise again. Don’t let the book remain unwritten, the exam left unpassed, or the dream die. There’s no vacuum in destiny. What you don’t do, someone else will. So get your hands dirty, and leave a mark. Let your story become a reference for others.
Former Director General of the National Council for Arts and Culture (NCAC) and the Nigerian Tourism Development Authority (NTDA), Otunba Segun Runsewe, has bagged the award of Pillar of Nigerian Culture and Tourism.
The award was conferred on him by the Association of Nigerian Journalists and Writers of Tourism (ANJET), the umbrella body for Nigerian travel press, on Thursday, October 23 at a colourful ceremony held at the prestigious Sheraton Lagos Hotel and Towers.
He was among some distinguished Nigerians from public and private sectors, including the former Nigerian Minister of Tourism and Culture, Ambassador Frank Ogbuewu, who were honoured for their contributions to the growth and development of Nigerian tourism.
Other distinguished Nigerians conferred with awards were: Otunba Wanle Akinboboye (Foremost National Tourism Builder and Creative Mind), Mr. Jemi Alade (National Trailblazer in Inbound Tour Operation) Engineer Tarzan Ganiyu Shekoni Balogun (National Icon in Tourist Boat Operations and Water Transportation), Mr. Nkereuwem Onung (Icon of Consistency and Resilience in National Tourism Leadership), and Chief Abimbola Bode-Thomas (Hospitality and Tourism Management Amazon).
Speaking on the award conferred on Runsewe and the other awardees, the President of ANJET Mr. Okorie Uguru said the awards aim to promote the culture of service to the people, and also showing appreciation to those who have served the nation with distinction while holding public office.
He said: “It is not about celebrating those who are serving the country now, but showing appreciation to those who have served in the past, to challenge current political office holders to put in their best.
“The individuals and distinguished Nigerians we are honouring are among the people that built the visibility and growth the tourism industry is enjoying today… They have contributed, and are still contributing to the sector.
“As holders of institutional memories and archivists of this industry, we know the roles they have played and are still playing in the development of the Nigerian tourism industry. That is why years after some of our awardees have left public offices, we still call them to bestow this honours.”
While receiving the award, Runsewe lamented the inability of Nigeria to take tourism seriously. He said: “I stopped talking for some time because there are too many talks in tourism, there is no action. We come; we speak big English and go back. Today, I am going to reveal two or three things. The last time I came out was to speak to the new executives of the Federation of Tourism Associations of Nigeria (FTAN). For me, I am almost tired of talking, because there is no action.
“Let me first of all thank Ambassador Ogbuewu today. He said he does not want to come, so I urged him to come. It is only the living that can be celebrated. Let us thank God that during our lifetime, we are being celebrated. It is not everybody that has that opportunity.
“I can stand anywhere and talk about this industry. I do not need a book.
“Ambassador Ogbuewu you would recollect that President Obasanjo took your very good self, led a delegation to Trinidad and Tobago. That was the day Obasanjo made a statement, he said ‘I going to stand on the existing protocol’. That was the first time they heard that English. The then president of Trinidad asked, ‘what is he talking about.’ That is a tourism brand.
“People do not understand tourism yet. People think it is only about moving from one place to the other. No. Let me reveal a few things: how many of us know the late Pastor T.B. Joshua. T.B. Joshua was selling religious tourism and nobody keyed into it? When T. B. Joshua was having his conference in Nigeria, there were over 20 private jets parked at the airport. I, maybe you did not know before today, I normally go to the airport to list how many countries they come from. I have my data. There is religious tourism in Nigeria. We have not tapped into it. We see them as pastors. Yes, pastors doing their job, but there is tourism content in what they are doing.
“If this country manages tourism well, we should not have a single child looking for a job. After agriculture, tourism is the biggest employer of labour, but we are still playing games, we are still telling ourselves stories.”
He thanked ANJET for the award and encouraged them to continue with the good work in the industry.
Personality in Focus
NAOSNP Security Week: Gaidam Reiterates Govt’s Commitment to Data-Driven Policing
The Minister of Police Affairs, Senator Ibrahim Gaidam, has reaffirmed the Federal Government’s commitment to repositioning the Nigeria Police Force through data-driven strategies, inter-agency synergy, and international cooperation towards building a safer, stronger Nigeria.
He stated this during the 2025 National Security Conference and Awards organised by the National Association of Online Security News Publishers (NAOSNP), with the theme, Securing and Safeguarding Nigeria’s Economic Resources: A Call to Serve, held at the Oriental Hotel, Victoria Island, Lagos.
In his keynote address presented by the Deputy Director (Information and Public Relations Unit), Mr. Bolaji Oladimeji Kazeem, the Minister stated that the Federal Government, through the Ministry, has started realizing key initiatives such as the National Criminal Data Fusion Centre (NCDFC), Nigeria Police Crime and Incident Database, Community Policing, transparent recruitment of an additional 30,000 Police Officers, and technological advancements to enhance the operational efficiency of the Nigeria Police Force for bolstering national security.
The Minister said as a major milestone in intelligence-led policing, the National Criminal Data Fusion Centre (NCDFC), provides a centralized platform for law enforcement agencies to pool, analyse, and disseminate criminal data, thereby enhancing internal operations and collaboration with international partners.
He noted that the upgraded Nigeria Police Crime and Incident Database Centre (NPCIDB) has enabled the Police to document criminals’ data through biometrics from Divisional Police Stations across the country, and digitally forwarded to the NPCIDB located in the National Criminal Data Fusion Centre.
He reiterated the good working relationship among security agencies to curb illegal mining, through collaboration of the Nigeria Police Force, the Armed Forces, and Nigerian Security and Civil Defence Corps (NSCDC)’s Mining Marshals.
“Security is the foundation upon which all human endeavours are built. It requires inclusiveness, people-centric approaches, and collective efforts to ensure peace, safety, and prosperity. These vital institutional allies are in the national effort to combat illegal mining and restore order in Nigeria’s solid minerals sector, and curb the activities of bandits, criminals, kidnappers, and terrorists,” the Minister hinted.
Gaidam urged all citizens, stakeholders, and media to join hands in supporting the Nigeria Police Force. “We require collective investment in technology, logistics, welfare, and equipment to enhance security. I propose that we procure High-Resolution Drone Surveillance for police commands across the country”. He stressed.
Earlier, the Chief of Defence, General Christopher Musa, represented by the Commandant, Armed Forces Resettlement Centre, Air Vice Marshal Bashir Rimi Maman, posited that security is the foundation for economic success. When people feel safe, businesses grow, farmers plant with confidence, and investors take bold steps.
He said Nigeria recently increased its crude oil production to over 1.5 million barrels per day, but vandalism and illegal activities still threaten this progress.
“We must therefore protect what we have built so that our natural wealth becomes prosperity for every Nigerian, not just a few,” the CDS cautioned.
According to him, “beyond military action, we must focus more on the non-kinetic side of national security, which accounts for nearly 70 percent of the work. This includes good governance, infrastructure, power, communication, and social development.”
Senator Ibrahim Gaidam was afterwards honoured with the award of Excellence as the National Association of Online News Publishers (NAOSNP) Iconic Man of the Year.
TMnews, at its 2025 Summit and Awards, has honoured the Chairman and Group Managing Director of Adron Group, Aare Adetola EmmanuelKing, with a prestigious Award of Recognition for his exceptional leadership and unwavering commitment to empowering Nigerians through affordable housing and community development.
The event, themed “Securing the Future: A Collaborative Approach to Community Safety,” brought together top government officials, security chiefs, corporate leaders, and humanitarian advocates to engage in constructive dialogue on national security, community partnership, and sustainable development.
In his message of appreciation, Aare EmmanuelKing expressed heartfelt gratitude to TMnews Magazine for the recognition, describing it as a humbling honour that reinforces his commitment to nation-building through affordable housing, community empowerment, and corporate social responsibility.
“I am deeply honoured by this recognition from TMnews. It is a testament to the collective effort of the Adron Group family, whose passion and dedication continue to drive our mission of making quality housing accessible to all Nigerians. This award is not just for me, it is for every hardworking Nigerian who believes in the dream of a better, safer, and more prosperous nation,” Aare EmmanuelKing stated.
He further commended the organisers of the summit for their consistency in promoting dialogue and collaboration among key stakeholders in governance, business, and community development, adding that such platforms are essential to building a secure and progressive society.
The Publisher and CEO of TMnews Magazine, Temidayo Babalola, lauded Aare EmmanuelKing for his visionary leadership and transformative role in Nigeria’s real estate sector, describing him as a beacon of innovation and a passionate advocate for sustainable community growth.
The summit also featured the TMnews Humanitarian Awards, where 24 distinguished individuals and organisations were celebrated for their exceptional service to humanity, corporate responsibility, and community impact.
