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Meet Olayemi Cardoso, Tinubu’s Nominee for Central Bank Governor

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By Eric Elezuo

On Friday, President Bola Tinubu approved the nomination of Dr. Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN), to replace suspended Godwin Emefiele.

According to a press statement by presidential spokesman, Ajuri Ngelale, Cardoso will serve for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate.

A deputy governor of the Bank, Faloshodun Shonubi, has been the acting Governor of the apex bank since the suspension of Emefiele in June this year,

Popularly Cardoso, known as Yemi Cardoso, the nominee is a pioneer Commissioner of Economic Planning and Budget in Lagos State in 1999 upon return to democratic rule under the government of Tinubu as governor of Lagos State.

In this capacity, he is reported to have written and monitored the implementation of the blueprint which catalysed economic development in the Lagos, better known as world’s sixth largest megacity, including leading to the state’s development of independent tax revenues.

His private sector experience includes an illustrious career with Citibank, Chase and Citizens International Bank.

He has served on the board of several leading companies, including Texaco and Chevron Oil Plc. He is a member of the Belgian-based Cities Alliance Think Tank which aims to shape and influence policy and decision making on urban development in Africa and has strong relationships with key international donor agencies.

Cardoso’s first degree is from the University of Aston, United Kingdom and his second degree from Harvard University, USA.

In 2017, he was awarded an honorary doctorate degree in business administration by his alma mater, Aston University, in recognition of “his outstanding contributions to business and society”.

Hereunder are four other unique things about the next CBN Governor:

* Dr. Cardoso is a financial and development expert with over 30 years’ experience in the private, public and not-for-profit sectors.

* He is a Nigerian banker, chartered stockbroker and public policy maker.

* He is the first Commissioner for Economic Planning and Budget in Lagos State in 1999.

* Cardoso is the founding chairman and co-chair of Ehingbeti Summit, the Lagos State annual economic summit.

CARDOSO IN A NUTSHELL

  1. Olayemi Cardoso, a Lagosian, grew up in Lagos and attended Corona School Ikoyi and St. Gregory’s College all in Lagos for his primary and secondary education, respectively.
  2. His father, Felix Bankole Cardoso, was the first indigenous Accountant-General of the Federation of Nigeria in 1963; and, the first indigenous Vice Chairman and Managing Director of Barclays Bank of Nigeria shortly after joining the bank in 1972. Under his leadership, Barclays successfully transformed into Union Bank of Nigeria, a wholly-owned Nigerian entity
  3. Yemi Cardoso completed his undergraduate studies upon obtaining a Bachelor’s degree in Managerial and Administrative Studies from Aston University in 1980.
  4. He later furthered his education at the Harvard Kennedy School of Government, earning a Master’s degree in Public Administration in 2005 as a Mason Fellow.
  5. In recognition of his outstanding achievements in the private and public sectors, Cardoso was granted a Doctorate in Business Administration (DBA) (honoris causa) by Aston University in 2017. He is also esteemed as a Fellow of the Chartered Institute of Stockbrokers.
  6. Olayemi Michael Cardoso is a Nigerian banker, chartered stockbroker and public policy expert.
  7. He has served for over four decades in the public, private and development sectors as a leader and innovator.
  8. Among his most impactful roles are: Commissioner in the Lagos State Ministry of Economic Planning and Budget; Chairman of the board of the African Venture Philanthropy Alliance and, most recently, Chairman of Citibank Nigeria Ltd for 12 years, until his resignation in 2022.
  9. Cardoso is a dedicated family man. He is married with five children and three grandchildren. His parents were descendants of Brazilian returnees and came from prominent families from Popo Aguda.

MORE ON CARDOSO

Mr Cardoso was the former chairman of Citibank Nigeria, and a distinguished leader in the financial and development sectors with over 30 years’ experience in the private, public and not-for-profit organisations.

With diverse corporate governance experience, Cardoso has also sat on the boards of Nigerian subsidiaries of Texaco and Chevron and chaired the board of EFInA, a financial sector development organisation supported by the Bill and Melinda Gates foundation.

He served in government as Commissioner for Economic Planning and Budget for Lagos State, where he championed the financial reform process which led to the state’s development of independent tax revenues.

In his capacity as a consultant and policy expert, Mr Cardoso has advised and collaborated with major international development organisations including the World Bank, Ford Foundation, UN Habitat, World Health Organisation and the Swedish Development Foundation.

He is the recipient of several awards including an honorary Doctorate Degree in Business Administration from Aston University, his alma mater, and the Global Distinguished Alumni award from Citi.

Mr Cardoso obtained a Masters in Public Administration from Harvard Kennedy School where he was a Fellow.

Though many has seen the appointment as Mr President’s sustaining trend in rewarding his loyalists, others has however, said that the nominee is a right choice.

Cardoso, who also will be assisted to perform by four nominated deputy governors, will assume full responsibility of the apex bank on confirmation by the Senate.

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The Incredible World of Capt. Segun Sotomi @45

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By Eric Elezuo

If there is a limit to paying dues as regards affecting humanity, Captain Emmanuel Adesegun Sotomi, has done absolutely divine, excellently well and incredibly outstanding. And he is only 45 years. Yes, December 5, 2025 was his birthday.

A typical all-rounder, Sotomi is a blend of academic, field and the unthinkable. He is a generalissimo in every field he has found himself; enterprise, camaraderie, business of 9-5 or flying for commercial purposes or pleasure. Sotomi is the future.

A brief of his adapted career trend reveals that Sotomi has seen it all, achieved it all, and can be defined as human technology transfer in the way he has mentored a great number of youths and competitors and contemporaries alike.

Philanthropism; yes, a lot of folks, who know him are full of testimonies of his open handedness, his love to rescue the needy and lift the downtrodden are phenomenal. He is a lover of humanity, a true legend in discipline.

Soft spoken and well read, Sotomi is a dream of every growing youth, who planned to be thoroughly established before the golden age. He is a role model.

Below is a derived biodata of the fast rising pilot-cum-entrepreneur…

Captain Segun Sotomi is a skilled commercial pilot, entrepreneur, and philanthropist. He attended the University of Lagos before going to top-tier aviation schools in South Africa, Canada, and the United States to obtain his pilot licenses. He is currently a captain with Gulf Helicopters Qatar, a subsidiary of Qatar Petroleum.

Capt. Sotomi is licensed to operate both airplanes and helicopters [Licenses include SACAA PL (Airplane); CPL / FAA ATPL (Helicopter)]. His previous work experience includes Nest Oil, where he flew offshore.

He is also the founder and CEO of Southern Shore Integrated Services LTD, an offshore aviation logistics support company, and has a passion for working with, and empowering youths.

Captain Sotomi has served in several management positions in his flying career, and also sits on the board of different top-tier companies.

He is an avid polo player, and is happily married with children.

Happy 45th birthday!

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Meet Muhammad Ashfaq Hussain, CEO at Profound Realtors

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By Eric Elezuo

It takes hard work to work harder. It takes achievement to attract more achievements. And so, at Profound Realtors, hard work and achievements have remained the other of the day, creating leverage for more affordable housings clients in and out of Dubai, and unleashing comfort and peace of mind never experienced anywhere else.

The success of Profound Realtors, the credit it has enjoyed across the world, and the goodies it still have in store for as many that are making up their minds to transact concluding businesses of homes and lands with the company, is attributed to a dedicated team of workers, led by the ever trustworthy Chief Executive Officer, Mohammed Ashfaq Hussain, a seasoned real estate personal with experience spanning years.

Mr Hussain is a handful when it comes to service delivery, customer satisfaction and accountability. His human face to every transaction has placed Profound on the great map of trust, honesty, affordability, reliability and comfort.

One just need to purchase from Profound to prove the grace of service delivery.

Ashfaq Hussain is further presented as a colossus in putting smiles on the faces of clients and every other person he comes in contact with in the entrepreneurial journey.

His biodata is presented as follows:

With over 20 years of experience in Dubai’s dynamic real estate market, Mr. Ashfaq Hussain is a seasoned professional who has witnessed the evolution of the industry from its early leasing days to the launch of freehold properties in 2004. Hailing from a humble background in Pakistan, Ashfaq moved to Dubai with a dream and a determination to succeed—and through hard work and unwavering dedication, he has turned that dream into reality.

Ashfaq’s expertise and passion for real estate have earned him a reputation as one of Dubai’s most trusted realtors. His exceptional track record includes brokering high-value transactions of villas and luxury mansions on the iconic Palm Jumeirah, catering to investors and celebrities from around the globe.

Currently, Ashfaq manages one of the largest celebrity property portfolios in Dubai, and his name is synonymous with excellence in the industry. He is well-regarded by leading developers such as Emaar, Nakheel, Damac, and Dubai Properties.

As the founder of Profound Realtors, Ashfaq now leads a team of experienced real estate professionals, providing top-notch services in luxury property sales, leasing, and investment consultancy. His deep knowledge of the market and dedication to client success continue to make him a respected figure in Dubai’s real estate landscape.

Profound is the name when it comes to affordable houses in Dubai. 

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Ghana’s Inna Mariam Patty Called to the Bar of England & Wales with Distinction

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Distinguished Ghanaian entrepreneur and philanthropist, Inna Mariam Patty, was officially called to the Bar of England and Wales at Lincoln’s Inn on November 25, 2025, graduating with Distinction from the University of Law.

In an extraordinary show of support, guests travelled from Ghana, Dubai, Uganda, South Africa, the United States of America and across the United Kingdom to celebrate this landmark achievement at both the Call ceremony and the private dinner celebration held afterwards.

Among the high-profile attendees were Miss Patty’s parents, Ambassador Youssif Patty and Mrs. Jameelah Patty, and her siblings, as well as: H.E. Mrs. Zita Benson, Ghana’s High Commissioner to the UK, and Mr. Bobby Benson.

Others were Mr. Kwabena Osei-Danquah, Chief of Staff, Commonwealth Secretariat, London, Ms. Eileen Baguma, HR & Corporate Affairs Director, EACOP Uganda; Ms. Pihillipa Pepera, CEO of Pippas Health Centre, Accra; Mrs. Vangie Mari Patty, Regional Engineering Manager, Puma Energy; General Manager, EIB Network; and Founder & President, Women in Sustainability Africa.

The dignitaries joined family, friends, and colleagues who travelled internationally to honour Miss Patty’s distinguished academic achievement and her transition into the legal profession.

Speaking after the ceremony, Patty remarked: “This milestone is a continuation of my purpose—to use law as a tool for empowerment, justice, and social impact, especially for women and vulnerable communities.”

Patty is widely celebrated for her leadership as CEO of Exclusive Events Ghana Ltd and Chairwoman of the Miss Ghana Foundation, through which she has driven initiatives in education, healthcare, and community development. She also serves as a Board Member of FOCOS Orthopaedic Hospital.

Her exceptional career has earned her recognitions including:

Overall African Woman Achiever (CSR Consultant), African Women Awards 2023
Top 50 Young CEOs in Ghana (Avance Media, 2023)
International Arch of Europe Award (2017)

Patty’s call to the Bar marks a powerful blend of entrepreneurial excellence, philanthropy, and legal advocacy—positioning her as a rising legal voice and social impact leader for Ghana and beyond.

ABOUT INNA MARIAM PATTY 

Inna Mariam Patty is a Ghanaian business executive, lawyer, and philanthropist. She is CEO of Exclusive Events Ghana Limited, Chairwoman of the Miss Ghana Foundation, and a Board Member of FOCOS Orthopaedic Hospital. Patty holds an MSc in Accounting and Finance from the London School of Economics, as well as a GDL and BPC with Distinction from the University of Law.

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