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Airtel Nigeria Elevates Ibrahim, Dosunmu to Regional Operations Directors

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Airtel Nigeria, has announced the promotion of Muhammad Bashir Ibrahim and Oladapo Dosunmu as Regional Operations Directors for North Region and South Region, respectively.

In their new roles, Ibrahim and Dosunmu will ensure growth indices are sustained across all channels and will be responsible for implementing the right strategy to grow Airtel’s revenue market share within their regions.

They will also leverage on their distribution expertise to drive deeper penetration in their assigned regions while ensuring sustainable growth through enhanced territory development.

The company also announced the reorganization of its commercial operations to accelerate growth, drive efficiency and reclaim market leadership in the highly competitive telecoms sector.

Under the new commercial structure announced by the telco, Veronica Onoja, former Regional Operations Director (South Region) will take on a new role as Vice President, Airtel Money Operations while Wole Abu, former Regional Operations Director (North Region) will assume the position of Vice President, Indirect Sales, and tasked with managing Airtel’s strategic partners and also take full ownership of Airtel’s KYC operations to ensure compliance with statutory regulations.

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Olusina Adegoke, erstwhile regional operations director (West Region) has been reassigned as Regional Operations Director (Lagos Region) while Femi Oshinlaja, former Vice President, Airtel Money Operations, has been appointed Regional Operations Director (West Region).

Oladokun Oye, former Regional Operations Director (Lagos Region) has been drafted to the Headquarters to head Airtel’s Direct Sales Directorate and tasked with not only driving and improving customer experience and profitability of this business segment but also grow and develop new direct sales channels.

Chief Executive Officer and Managing Director, Airtel Nigeria, Segun Ogunsanya, extended warm felicitations to all for the new opportunity, noting that the reorganization which isin line with Airtel’s organizational commitment to continually provide opportunities for its internal talents would also help the company consolidate on its gains in the market.

Prior to his appointment as Regional Operations Director (North Region) Muhammad Bashir Ibrahim was Zonal Business Manager (North Midland) where he was instrumental to managing Airtel’s presence in the war-torn regions of the North East. Ibrahim is a 1997 Mechanical/Production Engineering graduate of Abubakar Tafawa Balewa University and has close to two decade experience across multiple sectors and geographies.

Previously Head, Indirect Sales at Airtel Nigeria, Oladapo Dosumu, a 1999 Lagos State University MBA degree holder, managed the transition of Airtel’s Channel Partners based distribution model to a more robust model having multiple routes to market. Before joining Airtel, Dosunmu was Head, Distribution, Glozone & Branding at Globacom Nigeria. He had also held different positions at Coca-Cola Hellenic Bottlers, heading different divisions including Commercial Process and Demand Planning, Commercial Projects and Regional Sales Manager.

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Olusina Adegoke has over 21 years of Sales Management and Leadership experience across the Telecommunications, Finance, FMCG and Pharmaceutical industries. Prior to joining Airtel, he worked at Etisalat Nigeria Limited as the Head of Region (South West) between 2013 – 2015. He has also held different leadership roles in Coca-Cola and May & Baker Plc.He holds a Bachelor of Pharmacy degree from Obafemi Awolowo University and MBA (Marketing) from the same university.

Oladokun Oyeis a graduate of Hertfordshire, UK, Adekunle Ajasin University, Lagos State University, and Lagos Business School, and started his career as Assistant Brand Manager, Trans-Global Market International, before joining Avdel Limited (formerly Act Global Technologies) UK as Senior Sales Manager.

At Avdel Limited, he was responsible for managing customers in Northern UK and Scotland, managing key portfolios that included Ford, Jaguar, Electrolux, Rolls Royce, Caterpillar, Siemens and Scheider, coordinating concessionaires/distributors in Norway, Finland and Holland as well as managing ongoing product forecast, implementing product training programmes for the sales force, amongst others.

Wole Abu, a 1990 Chemical Engineering graduate of University of Benin,has held various positions at Airtel Nigeria including Project Manager (2004-2006), Head of Division, Business Support (2006-2008), Regional Sales Manager (2009-2010), Zonal Business Manager (2010-2012), General Manager, Acquisition – Marketing (2012-2014) and Regional Operations Director, North Region (June 2014 to February 2017). Abu has an MBA from the Lagos Business School and was President of the Airtel Staff Multipurpose Cooperative Society from 2011-2015.

Veronica Onoja is tasked with bringing her significant experience in the East Africa money market to bear in driving Airtel Money’s business segment to profitable growth. In her previous role as Regional Operations Director for the South region, she won various accolades including best performing region and was pivotal to Airtel’s success in the last financial year.

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Onoja, a 1997 Psychology graduate of University of Jos, joined Airtel in 2003 and has held various positions including Key Account Consultant, Distribution Specialist, Distribution Manager, Head of Division, Commercial; Regional Sales Manager, Zonal Business Manager, Sales Operations Director (Airtel Tanzania), and Regional Operations Director.

 

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Moove Achieves Unicorn Status With $250m Funding

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Mobility technology company, Moove has raised $250 million in a Series C funding round at a valuation of $2.1 billion, reaching unicorn status.

The startup will deploy the fresh capital to build out autonomous vehicle infrastructure, expand fleet ownership, construct robotics-focused “Nests” for charging and maintenance, and grow its autonomous workforce from 150 to 500 by year-end.

The company plans to enter additional global markets, reflecting a strategy to build the operational infrastructure required for large-scale autonomous transportation rather than simply supplying vehicles.

Led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific, the round also included new investors BlueCrest Capital Management, Sona Asset Management and The Raptor Group, alongside existing backers BlackRock, MUFG, Franklin Templeton and Uber.

“Autonomous mobility is becoming an infrastructure race requiring fleets, charging systems, maintenance, data infrastructure and continuous city-level operations,” said Ladi Delano, co-founder, co-CEO and advisory board chairman of Moove.

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Founded in Lagos in 2020, Moove has grown into a global mobility platform employing about 3,300 people across 29 cities in 13 countries, operating approximately 42,000 vehicles and reaching $420 million in annualised recurring revenue.

It has expanded organically and through acquisitions, including Kovi in Brazil and Tokyo Taxi in Japan. Moove also operates autonomous vehicle fleets in partnership with Waymo in Phoenix and Miami, with London expected to join its footprint.

The $2.1 billion valuation places Moove among Africa’s small group of tech unicorns, alongside Flutterwave, OPay, Moniepoint, Andela, Chipper Cash, Wave, Tyme, MNT-Halan and Interswitch.

The $250 million round is the largest single funding deal announced by an African startup this year, though EV mobility firm Spiro raised $270 million cumulatively across two separate rounds.

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Heirs Life Names Pastor Jerry Eze Board Member, Targets Greater Financial Inclusion

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L – R: Tony Elumelu, Chairman, Heirs Life Assurance; Pastor Jerry Eze, incoming director, Heirs Life Assurance
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Heirs Life Assurance, the specialist life insurance company of Heirs Insurance Group, has appointed Pastor Jerry Eze as an Independent Non-Executive Director on its Board, effective August 10, 2026.

Heirs Life Names Pastor Jerry Eze Board Member, Targets Greater Financial Inclusion

L – R: Tony Elumelu, Chairman, Heirs Life Assurance; Pastor Jerry Eze, incoming director, Heirs Life Assurance

The appointment reinforces Heirs Life Assurance’s commitment to expanding financial inclusion and accelerating insurance adoption by strengthening public trust, consumer education, and long-term financial resilience across Nigeria.

Despite being Africa’s largest economy, Nigeria’s insurance penetration remains below one percent – among the lowest globally – highlighting the need to expand financial protection and build greater public trust in insurance.

As Heirs Life continues to pursue its mission of making insurance accessible to every Nigerian, Eze’s appointment brings a unique perspective on community engagement, value-based leadership, and broad societal impact.

Pastor Jerry Eze is the Founder and Lead Pastor of Streams of Joy International Ministry, a growing multinational ministry with 34 branches across West Africa, Southern Africa, Europe and North America.

He is also the convener of the New Season Prophetic Prayers and Declaration (NSPPD), one of the world’s largest digital prayer platforms, reaching millions of people daily. Through his ministry and humanitarian initiatives, he has become one of Africa’s most influential voices, championing hope, compassion, and community transformation.

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Beyond ministry, Eze is the Founder of the Jerry Eze Foundation, a faith-led philanthropy where he provides housing support and grants to vulnerable and underserved communities.

In 2026, he announced N1billion in grants to support young entrepreneurs across agriculture, technology, and manufacturing, further advancing enterprise development and economic opportunity.

Before entering full-time ministry, Pastor Jerry Eze built a career in development communications, serving as a Communications Specialist on a World Bank HIV/AIDS programme and with the United Nations Population Fund (UNFPA).

He holds a Bachelor’s degree in History and International Relations from Abia State University and a postgraduate degree in Business Administration from Enugu State University of Science and Technology.

Speaking about the appointment, Tony O. Elumelu, CFR, Chairman, Heirs Life Assurance, said: “Pastor Jerry brings an exceptional combination of integrity, influence, and a deep understanding of people and communities.

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“As we continue our mission to democratise access to insurance, his insight will help strengthen consumer trust, deepen financial inclusion, and reinforce our commitment to protecting the financial future of millions of Nigerians.

“We are delighted to welcome him to the Board of Heirs Life Assurance and the broader family of Heirs Insurance Group.”

Commenting on his appointment, Pastor Jerry Eze said: “I am honoured to join the Board of Heirs Life Assurance at a defining moment for the insurance industry. Financial security empowers individuals, families, and businesses to pursue their aspirations with greater confidence and resilience.

“I look forward to working with the Board and Management to advance the company’s mission of making insurance more accessible, relevant, and impactful for every Nigerian.”

Heirs Life Assurance has become one of Nigeria’s leading specialist life insurance companies, ranking 7th on the Financial Times list of Africa’s fastest-growing companies.

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It is one of the three insurance businesses of Heirs Holdings, the leading pan-African investment company, with investments across 24 countries and four continents.

Combining an omni-channel digital presence with physical branches spread across the country, Heirs Life continues to redefine life insurance through innovation, customer-centric solutions, and a commitment to making financial protection accessible to every Nigerian.

Heirs Insurance Group, comprising Heirs Life Assurance, Heirs General Insurance, and Heirs Insurance Brokers, collectively serves over 3 million people directly and indirectly.

The Group is championing financial inclusion and leading the digital insurance play in Nigeria, demonstrating its mission to democratise access to insurance.

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World Bank Debars United Aviation Services, Owner over Fraudulent Activities

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The World Bank Group has announced the 31-month debarments of United Aviation Services Limited (UNASEL), a transportation services company based in Nigeria, and Air Vice Marshal Alkali Mamu, its owner and president, “in connection with fraudulent practices under the Enhancing Niger Northeastern Connectivity Project,” according to a press release issued by the multilateral development bank.

World Bank Debars United Aviation Services, Owner over Fraudulent Activities

The statement said that the project aims to enhance connectivity and road safety along the Zinder-Agadez Road section and improve access to basic socioeconomic infrastructure for selected communities in that road section.

However, according to the statement: “UNASEL and Mr. Mamu presented false experience documents in a prequalification application to qualify for a contract under the project. This was a fraudulent practice under the World Bank’s sanctions framework.”

“The debarments make UNASEL and Mr. Mamu ineligible to participate in projects and operations financed by Bank Group institutions. The debarments are part of two settlement agreements under which UNASEL and Mr. Mamu admit culpability for the underlying sanctionable practices,” it added.

The statement further said: “Per the Bank Group Sanctioning Guidelines, the settlement agreements provide for a reduced period of debarment in light of UNASEL and Mr. Mamu’s cooperation.

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As a condition for release from sanction under the terms of the settlement agreements, UNASEL and Mr. Mamu commit to developing and implementing integrity compliance measures that reflect the relevant principles set out in the Bank Group Integrity Compliance Guidelines, and Mr. Mamu further agrees to complete corporate ethics training.

UNASEL and Mr. Mamu also commit to continue to fully cooperate with the Bank Group’s Integrity Vice Presidency.

“The debarments of UNA SEL and Mr. Mamu qualify for cross-debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions that was signed on April 9, 2010.”

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