Celebrities
Coronation Merchant Bank appoints Paul Abiagam as acting CEO
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Coronation Merchant Bank has announced the appointment of Paul Abiagam as its acting managing director (MD) and chief executive officer (CEO).
The bank, in a statement on Monday, said the appointment took immediate effect.
“Paul Abiagam, who previously served as Deputy Managing Director of Coronation Merchant Bank, takes over the reins with a track record of spearheading strategic initiatives that have significantly enhanced the Bank’s financial and operational performance,” the bank said.
“His expertise spans corporate, commercial, and consumer banking, with a notable focus on strategic business development and wealth management.”
Commenting on the appointment, Babatunde Folawiyo, chairman of Coronation Merchant Bank, said Paul is a proven leader whose “strategic acumen and extensive experience in the banking sector make him the ideal choice to steer Coronation Merchant Bank through its next phase of growth”.
“His appointment as acting managing director/CEO aligns with our phased leadership transition plan, which has been carefully executed with the cooperation of the erstwhile MD/CEO, Banjo Adegbohungbe,” the bank said.
“We have full confidence in Paul’s ability to drive our strategic goals and deliver exceptional value to our stakeholders.”
Coronation Merchant Bank said through his professional career, spanning over two decades, Abiagam has built a reputation for leading high-performing teams to achieve remarkable results.
“His roles at recognised financial services companies involved driving significant transformations with innovative strategies, aligning systems with corporate goals, thereby unlocking exponential profitability and growth,” the bank said.
“Paul’s leadership skills are complemented by his strong analytical capabilities in finance, risk management and operations, which have been instrumental in developing cutting-edge insights that propel sustainable profits.
“His forward-thinking approach to international trade finance and asset management has established him as a leader within the banking industry.”
Before joining Coronation Merchant Bank in 2023, Abiagam served in several senior roles both locally and internationally.
He was the pioneer managing director at Guaranty Trust Pension Managers Ltd and held various leadership positions at Guaranty Trust Bank.
Abiagam is an alumnus of the University of Benin and also holds an MBA from Lagos Business School, and served as sub-chair of the institution’s alumni association committee from 2018 to 2022.
Abiagam is a fellow of the American Institute of Certified Public Accountants, the Chartered Institute of Management Accountants in the United Kingdom, and a member of the Chartered Institute of Directors in Nigeria.
Celebrities
‘He doesn’t like me’ — Skales addresses feud with Wizkid
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Skales the Nigerian singer has addressed his relationship with his colleague Wizkid.
Wizkid and Skales were former label mates at Empire Mates Entertainment (EME), Banky W’s record label.
Skales joined EME in 2010 but left in 2014 following the expiration of his four-year contract while Wizkid signed out in 2014 after five years with the music label.
In 2015, the singers traded abuses on social media in a battle that saw them cast aspersions at each other.
In a recent X post, Skales lamented how people switch up on him after attaining fame.
“You know how many people I have given a platform and when they made it , they switched on me but I’m still here and still being blessed by God … I’m unstoppable… I am from Kaduna with Edo in my blood … I am Martina’s son,” he wrote.
The tweet attracted varying reactions, with one user accusing Skales of switching up on Wizkid by “becoming friends with his enemies”.
“You switched on wiz too, became friends with his enemies so as to spite him…Forever an underdog, Werey,” the user wrote.
In his response, the 33-year-old argued that Wizkid “never liked him”. He added that they were just colleagues at EME.
“I never ever switched on him … he doesn’t like me … we were never close friends either but eme members … so rest,” he wrote.
“I have never hated anyone not even your fav fam… I have always believed success is the best revenge even if it takes me 20 years … working on my self and bringing out the best version of me is more important to me so rest.
“Na una dey bring him matter come anytime wey I dey yarn my own so I gasto clear all the lies wey dem dey push hope him go talk wetin I do am … I no want make him like me either.”
I never ever switched on him … he doesn’t like me … we were never close friends either but eme members … so rest https://t.co/eddqkX1fXi
— SKALES (@youngskales) September 4, 2024
Celebrities
Blackface calls for Plantashun Boiz reunion
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Blackface, the Nigerian dancehall singer, has called for a reunion of Plantashun Boiz, a defunct music group.
Formed in 2000 with 2Baba and Faze, Plantashun Boiz disbanded in 2004 but briefly reunited in 2007 for an album.
In a recent Instagram post, Blackface shared a nostalgic photo of the trio.
He also accompanied the post the question: “‘To be or not to be?’ @fazealone @official2baba @blackfacenaija @plantashunboizofficial, why not?”
He urged fans to join the mission, emphasizing that there is “unity is strength, not division”.
“#plantashunboiz The question now is “To be or not to be?” @fazealone @officialzbaba @blackfacenaija @plantashunboizofficial and why?” Blackface asked.
“My people oya make una talk put mouth for this matter! We are on a mission for world peace and it’s not a small-time thing! Unity is strength and not division Let’s go champs.”
Since 2015, Blackface constantly tackled 2Baba for recording 2004 hit ‘African Queen’ which he claimed he wrote.
In 2017, he argued that 2Baba “sabotaged” his career in the music industry.
But last year, Blackface extended an olive branch to 2Baba after asking the ‘African Queen’ hitmaker to forgive him for his “wrongdoings, knowingly or unknowingly”.
“So it is time for us to go to the next level. I want everybody to know this one. It is time to forget all these things that have been going on,” he had said.
Celebrities
TG Omori reacts as Portable claims celebrities didn’t fund kidney transplant
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TG Omori has responded to claims that his music industry network did not offer him financial aid during his health crisis.
Omori, who has been battling kidney disease, underwent a transplant on August 26 at St. Nicholas Hospital in Lagos.
The music video director said he went into surgery three times for the transplant, yet it was not successful.
Portable, a singer, berated celebrities in the heat of public discourse around Omori’s health, claiming they did not fund the treatment.
He compared the purported lack of support to the donations made to Bobrisky, the crossdresser, who was jailed for currency abuse.
Portable further described the camaraderie in Nigeria’s music industry as “fake”.
“TG Omori has a kidney problem and celebrities are not donating money or kidneys for him,” he said.
“But Victor Osimhen and others donated money for Bobrisky who has no value. The industry is full of fake love.”
In response, TG Omori clarified that he had received support from industry colleagues even before his health issues became public.
“All I needed was your prayers, moral support, and love. This I am grateful to have gotten in abundance,” the video director said.
“The industry and friends have been solidly behind me months before it all came public. Please ignore the clout-desperate dogs.”
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