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ACAMB Elects New Executive Committee to drive its next phase of Growth

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ACAMB
L-r: ACAMB Exco; Financial Secretary, Halima Isha of JAIZ Bank; Treasurer, Morolake Philip-Ladipo of Wema Bank; Vice President (VP)1, Oze K Oze of FirstvBank; President, Rasheed Bolarinwa of Polaris Bank; VP2: Tolulope Onipede of Guaranty Trust Bank; General Secretary, Jide Sipe of ECOBANK; Assistant General Secretary, Iyke Iheagwam of Access Bank; Publicity Secretary, Omede Odekina of United Bank for Africa (UBA); and Social Secretary, Ozena Utulu of Heritage Bank at the ACAMB Annual General Meeting (AGM) and election of New Exco, held at CIBN House, Lagos.
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Members of the Association of Corporate and Marketing Communication Professionals in Nigerian Banks (ACAMB) have elected new Executive Committee to pilot the affairs of the Association in the next two years.

ACAMB

L-r: ACAMB Exco; Financial Secretary, Halima Isha of JAIZ Bank; Treasurer, Morolake Philip-Ladipo of Wema Bank; Vice President (VP)1, Oze K Oze of FirstvBank; President, Rasheed Bolarinwa of Polaris Bank; VP2: Tolulope Onipede of Guaranty Trust Bank; General Secretary, Jide Sipe of ECOBANK; Assistant General Secretary, Iyke Iheagwam of Access Bank; Publicity Secretary, Omede Odekina of United Bank for Africa (UBA); and Social Secretary, Ozena Utulu of Heritage Bank at the ACAMB Annual General Meeting (AGM) and election of New Exco, held at CIBN House, Lagos.

The newly elected leadership was the major highlight of the Annual General Meeting (AGM) which held in Lagos on Wednesday, January 24, 2024 to reflect on the accomplishments of the past year and to shape the future direction of the association.

The new Executive Committee (ExCo) was elected to lead ACAMB in its next phase of growth and development.

The AGM, attended by ACAMB members, past leaders and elders, provided a platform for meaningful discussions, strategic planning, and the exchange of ideas among banking professionals who form the backbone of ACAMB. The event showcased the commitment of the association to foster collaboration and innovation within the financial sector.

Following a thorough and democratic election process, the new Executive Committee was elected to serve in key leadership roles within the association. The newly elected Exco members are; President: Rasheed Bolarinwa of Polaris Bank; Vice President (VP)1, Oze K Oze of FirstBank; VP2: Tolulope Onipede of Guaranty Trust Bank; General Secretary, Jide Sipe of ECOBANK; Assistant General Secretary, Iyke Iheagwam of Access Bank; Financial Secretary, Halima Isha of JAIZ Bank; Treasurer, Morolake Philip-Ladipo of Wema Bank; Social Secretary, Ozena Utulu of Heritage Bank; and Publicity Secretary, Omede Odekina of United Bank for Africa (UBA).

Rasheed Bolarinwa, the newly elected President, expressed gratitude for the trust placed in the new leadership team and emphasised the importance of unity and collaboration to achieve the association’s objectives. The President also acknowledged the contributions of the outgoing Exco and thanked them for their dedicated service. “We are thrilled to announce the new Executive Committee of ACAMB, a team that embodies the spirit of creativity, ambition, and collaboration. As we embark on this new term, my commitment to each and every member remains unwavering. Working with the new Exco, we’ll continue to strive for excellence, explore new avenues for growth, and uphold the highest standards of professionalism”.

ACAMB, according to him, “will be a platform where ideas flourish, relationships strengthen, and the collective wisdom of our diverse membership (from our elders, past Presidents, members and associates), propels us forward”.

The General Secretary of ACAMB, Jide Sipe, while presenting the scorecard of the outgoing Exco, said “despite the odds, we remained resolute and hopeful for a better future. The goal is to continue to advance, attain lofty heights and better place the Association within the financial sector. We promise our commitment to deliver on our founding mandate to continuously protect the image and reputation of the Association. We remain optimistic and grateful for all your support over the years and in the future that we behold”.

In addition to the election results, the AGM included discussions on upcoming initiatives, projects, and events planned by the association for the 2024 financial year. Members actively participated in these discussions, providing valuable insights and suggestions to shape the future trajectory of the Association.

ACAMB remains committed to promoting excellence, fostering professional development, and advocating for the interests of its members in the banking sector. The newly elected Executive Committee is poised to lead the association with vision and dedication, building on the foundation laid by its predecessors.


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INEC Warns Broadcasters against Misinformation ahead of 2027 Polls

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Prof. Joash Amupitan, chairman, Independent National Electoral Commission (INEC), has urged broadcast organisations in Nigeria to exercise greater responsibility in the dissemination of information as the country prepares for the 2027 general elections.

INEC Warns Broadcasters against Misinformation ahead of 2027 Polls

Amupitan made the call on Wednesday, while addressing participants at the 81st General Assembly of the Broadcasting Organisations of Nigeria (BON), where he highlighted the growing influence of the media in shaping electoral processes.

He noted that the information environment has become increasingly significant in modern elections, warning that the spread of false or misleading information through broadcast channels could undermine public confidence in the electoral system.

According to the INEC chairman, media organisations must ensure strict compliance with the provisions of the Electoral Act 2026, particularly those relating to  political broadcasting. Politics

He explained that the law requires equitable access to broadcast platforms for all registered political parties, stressing that fairness in media coverage is essential to maintaining a level playing field during elections.

“With 22 registered political parties, fairness in airtime allocation and coverage is a legal obligation,” Amupitan said.

The INEC chairman also cautioned broadcasters against airing content that contains abusive, inflammatory, or divisive language capable of inciting ethnic, religious, or sectional tensions.

Such broadcasts, he said, could threaten national unity and disrupt the electoral process if not properly managed.

Amupitan further reminded media organisations about the 24-hour cooling-off period mandated by law before election day, during which all political campaigns and advertisements must cease.

He explained that the measure is intended to provide voters with time to reflect on their choices without being influenced by last-minute campaign messaging.

While acknowledging the constitutional guarantee of freedom of expression, Amupitan emphasised that the right must be exercised within the limits of the law.

He noted that the airwaves are a public resource and must therefore be used responsibly to ensure fairness, balance, and equal access for all political actors.

The INEC chairman also pointed to the collaborative roles of INEC and the National Broadcasting Commission (NBC) in regulating political broadcasting, although he acknowledged that certain challenges persist.

These challenges, he said, include regulatory overlaps, gaps in enforcement, and the increasing convergence of traditional broadcast media with digital platforms, which has made monitoring political communication more complex.

Amupitan also expressed concern over perceived incumbency advantages in state-owned broadcast stations and the growing commercialisation of political airtime, warning that these practices could disadvantage smaller political parties. Politics

To address these concerns, he called for stronger collaboration between regulatory agencies, clearer guidelines on equal access to media platforms, and improved systems for fact-checking and verification.

He also advocated increased transparency in political advertising, including the disclosure of sponsorship and pricing structures.

Amupitan urged broadcasters to prioritise accuracy and professionalism in their operations, encouraging them to verify information before dissemination and play an active role in combating fake news.

He also called on the media to contribute to voter education and civic mobilisation, noting that public participation is vital to strengthening Nigeria’s democratic process.

Reaffirming the commission’s commitment to transparency, the INEC chairman advised media organisations to rely on official INEC communication channels for verified electoral information.

He added that the credibility of the 2027 general elections would depend not only on electoral logistics and technology but also on the integrity of the country’s information environment.


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Multichoice Bleeds Customers in South Africa, Loses 580,000 Subscribers

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Rising cost of living, currency depreciation, and competition from streaming services have all conspired to see MultiChoice lose 589,000 South African subscribers in its latest financial year.

Multichoice Bleeds Customers in South Africa, Loses 580,000 Subscribers

The decline is across premium, mid-market and mass segments of its operation.

After completing its acquisition of MultiChoice, Canal+ has moved to stabilise the business.

MultiChoice’s new leadership under David Mignot, CEO,  hopes to “stop the bleeding and get back to growth”.

The new leadership has scrapped DStv’s annual price increase and decided to shut down Showmax, the in-house streaming platform that struggled to compete with Netflix and Amazon Prime Video.

Canal+execs have described Showmax as unsuccessful, noting that the difficult transition to online streaming, combined with currency devaluation in Nigeria and power cuts, had hurt MultiChoice’s profitability.

MultiChoice ended 2025 with 14.4 million subscribers across Africa, down from 14.9 million a year earlier, while revenue declined 6 percent to 2.4 billion euros.

 


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Broadcast Station Owners Reject IBAN’s Threat to Boycott Wike’s Media Engagements

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Owners of several television and radio stations have distanced themselves from a recent threat issued by the Independent Broadcast Association of Nigeria (IBAN), which called for a boycott of media engagements involving Nyesom Wike, minister of the Federal Capital Territory (FCT).

Broadcast Station Owners Reject IBAN’s Threat to Boycott Wike’s Media Engagements

Nyesom Wike, minister of the Federal Capital Territory

IBAN had threatened to withdraw coverage of the minister’s activities unless he retracted his comment on Channels Television’s Seun Okinbaloye and issue a public apology.

However, Ambassador Yusufu Mamman, chairman and owner of JKD Television (DSTV Channel 391) and Hamada Radio Networks, has dismissed the association’s statement as baseless.

Describing Ahmed Tijjani Ramalan, chairman, IBAN, as an impostor, Mamman argued that Ramalan has no authority to speak on behalf of broadcast station owners.

Mamman, who operates a television station and four radio stations, stated that he is not affiliated with any group called IBAN and would not support any action against the Minister, especially after Wike had already clarified his remarks.

“My attention has been drawn to an organisation called IBAN led by one Dr Ahmed Tijjani Ramalan, speaking for and Independent Broadcasters threatening to boycott media briefing by the FCT Minister, Nyesom Wike, unless he makes public apology in respect of his recent banters with Channels Television Anchor, Seun Okinbaloye.

“The position of so called IBAN is at best, an opinion of Mr Ramalan, who is never a broadcaster and had no idea of laws, norms, etiquette or professional broadcasting codes.

“Most importantly, Mr Ramalan has constituted himself into a fighting vehicle in courts against many broadcasting organisations and the National Broadcasting Commission.

Therefore, I urge the Minister to ignore his ranting.

“This is more so that on the live television program,  the Minister took time to clarify what he meant and his Spokesperson also issued a statement saying categorically that the Minister’s comment was figurative and didn’t mean any harm,” he said.


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