President Bola Tinubu appoints Arinola Ogbara-Banjoko as a Non-Executive Director on the Board of the Nigeria Commodity Exchange (NGX), sources report. The appointment is made to represent Lagos State on the board, under the oversight of Nigeria’s Federal Ministry of Industry, Trade and Investment. Multiple outlets identify Ogbara-Banjoko as a Lagos-based official prior to the appointment, and note that the role is intended to strengthen participation and support the functioning of the exchange.
Premium Times also reports that Tinubu had earlier, in April, constituted the NGX board with Dalhatu Abubakar as Chairman, indicating Ogbara-Banjoko’s appointment is part of ongoing board composition. Vanguard and The Punch similarly describe the appointment in connection with Tinubu’s efforts to staff the exchange’s governing structure and enhance commodity trading.
The reports agree that Ogbara-Banjoko’s appointment is the addition of a Non-Executive Director for Lagos State representation, following the earlier establishment of the board leadership.
