Celebrities
Coronation Merchant Bank appoints Paul Abiagam as acting CEO
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
Gospel singer Testimony Jaga gives Portable 3 days to apologise for slapping preacher
Testimony Jaga, the Nigerian gospel singer, has given Portable a three-day ultimatum to apologise to the preacher he slapped.
The ‘Zazoo Zeh’ hitmaker was heavily criticised on social media on Monday for slapping the man who he claimed was preaching close to his bar.
Jaga, while joining the chorus of condemnation against Portable, said he should have reported to the right authorities if the preacher’s actions were wrong.
In a video shared on his Instagram page, the gospel artiste claimed to have received divine instruction to advocate for the preacher.
He also warned Portable to issue a public apology within three days or face consequences.
“I’m giving you three days to apologise to that man,” he wrote.
“If that man Portable slapped is doing something wrong, can’t he call the law enforcement agencies to arrest him?
“Even if he does not like what the man was doing, he could have easily chased him away not slap him. That is somebody’s father, husband and uncle.
“If the pastor was a famous person who uses security guards, would he have slapped him? It is because the man has no one.
“I’m not against Portable, he might have done it out of pride but if he realises what he did, he should go and apologize to the man and make a video.
“That’s a mockery of someone’s God. Telling the man to go and call his God, is mockery. He has called his God and that’s why someone like me is talking now.
“God has told me to fight for the man. Who are we to judge anyone?”
Celebrities
Dammy Krane petitions police over rift with Davido, demands $500k payment
Dammy Krane has petitioned Kayode Egbetokun, the inspector general of police, over his lingering dispute with Davido.
The feud between the pair started in October 2023 after Krane called out Davido on social media, claiming he owed him for songwriting contributions.
Krane also accused the ‘Assurance’ hitmaker of sabotaging his record deal with Sony Music.
In response to the allegations, Davido labeled Krane “ungrateful” and claimed he received no payment for their collaborations. Davido also mentioned that he provided shelter and support for Krane when he was homeless.
Since then, Krane has continued to attack Davido on social media; even accusing him of being involved in the death of his friend Tagbo Umeike. Tagbo died from alleged alcohol poisoning in October 2017.
Davido dismissed claims and threatened to sue Krane for “defamation of character and cyberbullying”.
In a letter posted on his social media pages, Krane accused Davido of several wrongdoings while addressing five key concerns.
The singer alleged that Davido and his allies are threatening his life. He also called for the re-opening of Tagbo’s death case.
Krane pleaded with the inspector-general to help lift the restrictions on his bank accounts, which he claimed made it difficult for him to access his funds.
The singer also appealed to Egbetokun to get Davido to “pay me all the money he owed for the song ‘Pere’”.
He claimed Davido agreed to pay him $500,000 for their collaborative song but has refused to pay him.
Celebrities
Gospel singer Dele Gold is dead
Dele Agbeyo, the Nigerian gospel singer better known as Dele Gold, has passed away.
Agbeyo’s death was confirmed by Alayo Melody, his colleague, via social media on Wednesday.
Melody wrote, “Dele Gold died kee?? Ahhh This is getting too much ooo!!!! May God help us stop this untimely death. Dele Agbeyo May your soul rest well🙏🥲🥲”.
Wonder Doyin Kujore, another gospel singer, also expressed his grief on Instagram.
“Nothing in this world… let us live today and leave tomorrow for God. It saddens my heart to post about those who die prematurely, but I have to pay my last respects. Rest in peace Dele Agbotikuyo, Dele Gold,” he wrote.
Dele reportedly died after a brief illness.
Known as The Miliki Gospel King, the singer was a native of Usi, Ekiti state, but grew up in Faforiji, Osun state.
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