Thursday, February 12, 2026
-7.6 C
Tallinn

Tinubu Appoints Olasupo Olusi As New MD Of Bank Of Industry

As part of the process of erasing the footprint of his predecessor, President Bola Tinubu has approved the appointment of Olasupo Olusi as the new Managing Director and Chief Executive Officer of Bank of Industry (BOI).

Chief Ajuri Ngelale, the spokesman of the president disclosed this in a statement on Thursday.

The statement reads, “President Bola Tinubu has approved the appointment of Dr. Olasupo Olusi to serve as the Managing Director and Chief Executive Officer of the Bank of Industry (BOI) for a term of four (4) years in the first instance.

“The President’s approval of Dr. Olusi’s appointment follows the voluntary resignation of former BOI Managing Director and Chief Executive Officer, Mr. Olukayode Pitan.

 

“Dr. Olasupo Olusi has served as a World Bank economist and development finance expert over the past 20 years. Between 2011 and 2015, Dr. Olusi served as the economic adviser to then Coordinating Minister of the Economy and Minister of Finance. He is an alumnus of Hull University, United Kingdom. He also obtained a Masters degree in International Money, Finance, and Investment, as well as a Doctorate in Finance & Economics from Durham University, United Kingdom, in 2005.

“The President tasks the new BOI Chief Executive to ensure that Nigerians, who are operating all sizes of enterprises across sectors, are given fair and equitable access to much needed support in order to bolster employment generation and wealth creation amongst income groups in the country with special regard for lower and middle income enterprise operators.”

 

Hot this week

EU Parliament Approves Deportation of Migrants to ‘Safe’ Third Countries

By Kevin Akor BRUSSELS (chatnewstv.com) — The European Parliament on...

Vista Secures Future Fleet with Major 160-Aircraft Order from Bombardier

By Kevin Akor DUBAI, United Arab Emirates — Vista, the...

EU Council Approves First SAFE Defence Loans for Eight States, Authorizes Canada Agreement

By Kevin Akor BRUSSELS (chatnewstv.com) — The Council of the...

I wont support Peter Obi in 2027 — Cubana Chief Priest

By Stella Ordia Cubana Chief Priest, a popular Nigerian socialite...

Trump Deploys 200 Troops to Nigeria

Agency Report The United States has deployed approximately 200 troops...

Latest

EU Parliament Approves Deportation of Migrants to ‘Safe’ Third Countries

By Kevin Akor BRUSSELS (chatnewstv.com) — The European Parliament on...

Vista Secures Future Fleet with Major 160-Aircraft Order from Bombardier

By Kevin Akor DUBAI, United Arab Emirates — Vista, the...

EU Council Approves First SAFE Defence Loans for Eight States, Authorizes Canada Agreement

By Kevin Akor BRUSSELS (chatnewstv.com) — The Council of the...

I wont support Peter Obi in 2027 — Cubana Chief Priest

By Stella Ordia Cubana Chief Priest, a popular Nigerian socialite...

Trump Deploys 200 Troops to Nigeria

Agency Report The United States has deployed approximately 200 troops...

EU Council Appoints New Prosecutors for Belgium, Czechia to EPPO

By Gabriel Ani BRUSSELS (chatnewstv.com) — The Council of the...

Germany, Central Asian Nations Reaffirm Strategic Partnership in Berlin Declaration

By Kevin Akor BERLIN (chatnewstv.com) — Germany and five Central...

German court finds US man guilty of offering secrets to China

Agency Report A US citizen was found guilty by a...
spot_img

Related Articles

Popular Section

spot_imgspot_img

MORE FROM CHATNEWSTV

Vista Secures Future Fleet with Major 160-Aircraft Order from Bombardier

By Kevin Akor DUBAI, United Arab Emirates — Vista, the world’s largest private aviation group, announced a landmark fleet expansion agreement with Bombardier on Wednesday,...

Finnish Shipyards, U.S. Coast Guard Sign Deals to Build Four Icebreakers

By Kevin Akor HELSINKI (chatnewstv.com) — Finnish shipyards in Helsinki and Rauma will begin building four icebreakers for the United States Coast Guard under agreements...

EU Council Ends Duty-Free Treatment for Small Parcels, Targeting TEMU and Other E-Commerce Imports

By Kevin Akor BRUSSELS (chatnewstv.com) — The European Union’s Council on Wednesday gave final approval to new customs duty rules that will end duty-free treatment...

Crypto Exchange Bithumb Mistakenly Sends $44 Billion in Bitcoin To Users

By Kevin Akor SEOUL (chatnewstv.com) — South Korean cryptocurrency exchange Bithumb has acknowledged mistakenly sending more than $40 billion worth of bitcoin to hundreds of...

Third German start-up presses on with electric aircraft development

Agency Report After the insolvencies of two electric aircraft start-ups, a third German company aims to bring a vertical take-off aircraft to market by 2031. ERC...

UK hails growing trade ties with Gambia at WTO review

By Kevin Akor GENEVA (chatnewstv.com) — Britain on Wednesday last week praised The Gambia’s growing trade relationship with the UK and its leadership among the...

German minister warns against EU isolation in global competition

Agency Report German Economy Minister Katherina Reiche has rejected a proposal by a European Union commissioner to tie the allocation of EU public funds to...

CLG fires CEO Zion Adeoye after investigation into alleged misconduct

By Kevin Akor SANDTON, South Africa (chatnewstv.com) — CLG Global, a South African-headquartered law firm has terminated Zion Adeoye as its chief executive officer following...

UK mission in Cameroon seeks bids for bottled water supply contract

By Gabriel Ani YAOUNDÉ, Cameroon (chatnewstv.com) — The British High Commission in Cameroon has issued an invitation to tender for the supply of bottled drinking...