News
Concerned Parties Move To Reconcile Nnamdi Okonkwo, Nneka Onyeali-Ikpe
From all indications, there is an effort to reconcile the former Managing Director of Fidelity Bank, Nnamdi Okonkwo and his successor, Nneka Onyeali-Ikpe.
A source revealed to papermacheonline that those concerned had reached out over the weekend to manage the situation between the two bankers in the interest of the bank and the general public.
The image of the bank was said to have been affected by the crisis calling for the need to bring together both parties.
As narrated, this is genesis of the crisis monitored on news blog, Maestromedia…
A rumble has started to brew in Fidelity Bank and if it isn’t quickly contained, may engulf the financial institution, cause disaffection among staff members with investors and shareholders likely to pull their investments and ultimately affect the fortunes of the bank.
The people at the centre of this rumble are none other than Nnamdi Okonkwo, the former MD/CEO of the bank and his successor, Nneka Onyali-Ikpe, the current MD/CEO of the bank.
The duo who supposedly have a mentor and mentee relationship, have now parted ways acrimoniously over high level ambition.
According to Maestrosmedia, trouble started when Nnamdi Okonkwo just like his fellow bankers do, decided he needed to be very much involved in who takes over from him. Like his ilks, Okonkwo’s need to be involved in who replaces him, was simply to get someone who he trusts enough to protect his interest and to have his back, owing to all of his financial dealings when he was at the helm of affairs at the bank.
When Fidelity Bank began shopping for his replacement, Okonkwo already had in mind the perfect person he wanted to take over from him. He was reportedly planning to bring in someone who has shown brilliancy from another banking institution of repute before he got cornered by one of his executive directors.
The director who is now the incumbent MD of Fidelity Bank had gone out on limb to meet with the highest echelon of the bank responsible for making the choice for a replacement, without Okonkwo’s knowledge.
Onyali-Ikpe who obviously wanted to advance her career showed keen interest for the job and went after it with all the gusto she could muster. Luckily, it worked in her favor and the board of the bank got sold out to her.
Okonkwo was miffed that she had gone behind him to pitch herself for the job without his knowledge. And so he tried to dissuade the board to go with his choice but their mind was obviously made up and she became their choice. This was all the more made possible by her husband, Ken Onyali-Ikpe who allegedly put every resource at his disposal to make his wife’s dream come true.
Since her assumption to the office of the MD on January 1st, Onyali-Ikpe is allegedly said to be on a ‘house cleaning’ agenda; weeding out those who she perceives to be loyal to the erstwhile MD and who could possibly undermine her.
A few have been smart enough to jump ship and avoid the humiliation of being sent packing. One of those The Street Journal gathered, who saw the signs and quickly left is Charles Aigbe, the former deputy general manager/head, brand and communications is now the deputy Vice President, community relations, HEIRS Oil.
Only those who switched allegiance have been spared from madam’s hammer
Also, the former MD/CEO’s tenure is already going through thorough scrutiny with the hope that eagle eyes will catch something the ex MD doesn’t want unearthed and hopefully, get him the Francis Atuche treatment.
Business
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News
What Ibadan Socialite, Fijabi’s Leak Audio Has Done To Minister Adelabu’s Guber Ambition
A recent viral moment has unexpectedly stirred the political waters for Power Minister Adebayo Adelabu’s 2027 gubernatorial bid in Oyo State. Here’s how it unfolded—and the fallout that followed:
An audio featuring Ibadan socialite, Chief Akinade Fijabi and an unidentified young man surfaced online.
In the audio, Fijabi, an Ibadan high Chief and singer, Wasiu Ayinde’s closest ally bared his thoughts on political bearings in Oyo State and centred it round the Minister for Power, Adebayo Adelabu.
The audio quickly gained traction, sparking laughter and debate across social media platforms in Oyo and beyond.
The audio briefly overshadowed Adelabu’s image and critics seized the moment to question his ability, business sense and highlight potential vulnerabilities in managing grassroots affairs.
Even before the audio, Adelabu’s return to APC and flirtation with a 2027 run had unsettled internal party dynamics. The audio gave fuel to factions already uneasy about his rapid elevation and perceived attempt at imposition.
APC hardliners and youth groups, who’ve openly criticized the party’s handling of aspirants like Adelabu, echoed that the viral moment underscores deeper frustration about favoritism .
Adelabu’s allies are downplaying the audio, arguing that public interactions reflect openness and a grassroots presence and qualities essential for statewide appeal. They’ve also pointed to his achievements, including boosting national grid capacity, as evidence of credible leadership .
Fijabi in the audio also shed some lights based on what he termed ‘reliable information’ on Governor Makinde’s Presidential ambition, claiming it was a plot to collapse the PDP in Oyo State for President Tinubu with an agreement that the Governor would be granted the request to install a successor.
The clip audio shifted part of the conversation from Adelabu’s technocratic record to his public persona. Analysts say managing optics now matters more than ever for his brand.
News
Ajimobi’s Eldest Child, Bisola Dies In The UK
Late Governor Ajimobi’s first child, Bisola is dead!
News filtered in early Thursday, March 27, 2025 that Bisola,42 died after a brief illness in the United Kingdom.
The late woman before her death was the special adviser to the Minister of Budget and Planning, Atiku Bagudu.
Married to Kolapo Kola-Daisi, their marriage is blessed with three children.
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