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Herbert Wigwe: Biography, Career, And More

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Herbert Wigwe: Biography, Career, And More | Fab.ng

On Monday, February 10th, Nigerians received shocking news and were heartbroken to hear that Herbert Wigwe, the CEO of Access Holdings, had died in a helicopter crash in California. He wasn’t alone; his wife, son, and three other people were also killed in the crash. This sad news came as a big scare to everyone who knew him. Here are more details about Mr. Wigwe’s life, his work, and how people are eulogising his memory after this tragedy.

Early life and education.

Herbert Wigwe, born in 1966, grew up with his family in Omueke, Isiokpo, Rivers State. His parents, of Ikwerre heritage, raised him alongside his three sisters, Joyce, Peggy, and Stella, and his brother Emeka.

His learning journey started at an early stage, and he spent his school days at St. Gregory’s College in Lagos, soaking up knowledge and preparing for his future. After graduating, he set his sights even higher, enrolling at the prestigious University of Nigeria, Nsukka. There, he studied accounting, earning his degree in 1987.

Herbert Wigwe: Biography, Career, And More | Fab.ng

Wigwe didn’t just stop with one big brain-booster degree! He went back to school for even more learning, grabbing a master’s degree in banking and finance from the University College of North Wales in 1989 (it’s called Bangor University now). He dove deeper with another master’s degree in financial economics from the University of London the very next year.

And even later in life, in 2006, he showed he was still keen on learning new things by taking part in a special program called the Harvard Business School Executive Management Program.

All this hard work and dedication made Wigwe a strong force in his field. He was recognized by institutes like the Institute of Chartered Accountants in Nigeria and the Institute of Credit Administration. He attained fellowship status with the Institute of Chartered Accountants of Nigeria (ICAN) and the Institute of Credit Administration, and he was also crowned Commander of the Order of the Niger (CON) for all the amazing things he did for Nigeria’s economic landscape.

Career and Achievements

Throughout his career, Herbert Wigwe wasn’t just a bigwig in banking; he was a giant. Not only did he make a big difference in the banking sector of Nigeria and Africa, but he was also a respected leader everyone looked up to. His hard work earned him many awards, like “African Banker of the Year” in 2016, the African Leadership Magazine ”African Business Leader Award” in 2020, the Leadership Newspaper ”Business Person” of the Year in 2020, and “BusinessDay CEO of the Year” in 2017. He was even named the “Best of Africa” by Forbes magazine in 2020.

More than just a successful businessman, Wigwe had a big heart and a passion for helping others. He believed in giving back to the community, and he used his resources to make a real difference. In 2018, he started the Herbert Wigwe Foundation, a special organisation that helps young Nigerians reach their full potential. Through scholarships, wise guidance, and helpful programmes, the foundation gives them the tools they need to build bright futures for themselves and their communities.

Herbert Wigwe: Biography, Career, And More | Fab.ng

He generously shared his success through various charitable efforts. This included supporting organisations like the How Foundation, which fights malaria by providing free treatment and prevention for children and pregnant mothers. He also believed in education as a powerful tool for change, and so he backed the Slum2School initiative, which works hard to bring quality education to children living in disadvantaged communities.

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Herbert Wigwe was a believer in the power women held. He saw how important they were to building a strong society, so he became a strong champion for initiatives that helped them thrive. One way he did this was through the W Initiative, a programme from Access Bank. It wasn’t just money; they offered all sorts of support, like training and advice, to help women succeed in their businesses.

Wigwe also cared deeply about nurturing talent and creativity. He started the Access Bank Art X Prize. This program helped young Nigerian artists get their work seen and appreciated, giving them a chance to shine. Wigwe believed in making a real difference in the world.

In the end, Herbert Wigwe wasn’t just a successful leader; he put his money and support behind things like education, healthcare, and protecting the environment. He wanted to build a future where everyone had a chance to reach their full potential, and he worked hard to make that happen. His dedication to social responsibility continues to inspire us to make the world a brighter, more equitable place.

Family and Personal Life

Herbert Wigwe: Biography, Career, And More | Fab.ng

Herbert Wigwe was also a family man. He and his wife, Chizoba, a lawyer and entrepreneur, built a beautiful family with their four children: Chizi, Tochi, Hannah, and David. Wigwe loved spending time with his children, making every moment count.

Faith was deeply important to Wigwe, who was a strong Christian and an active member of his church, the Redeemed Christian Church of God (RCCG). He wasn’t just a regular churchgoer; he was a pastor and mentor, using his faith to guide and inspire others.

Wigwe had a bunch of other interests that kept him busy. He loved reading all sorts of books—history, biographies, leadership guides, even spiritual stuff—always looking to learn and grow. He also enjoyed sports, especially football (a loyal Arsenal fan), golf, and tennis, never missing a chance to cheer on the Nigerian national team.

With hundreds of thousands following him, he shared not just achievements but glimpses into his life. We saw photos of him beaming with pride alongside his family, exploring new places, and indulging in his favourite hobbies. Through his online presence, he was connecting, offering wisdom like a kind mentor, and sparking conversations with people from all walks of life. His impact stretched far beyond his inner circle, leaving behind a legacy of inspiration.

Net Worth

Herbert Wigwe has amassed a considerable amount of wealth through his banking and investment ventures. Although his net worth is not publicly disclosed, it is believed to be around $65.2 million, making him one of the wealthiest bankers in Africa. His financial success has established his prominence and respect within the financial industry, cementing his reputation as an influential figure.

Check here for more updates.

BREAKING NEWS

Lagos To Begin Demolition Of Oshodi Market Extensions On July 30

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Oshodi market: Lagos to begin demolition of extensions | Fab.ng

On Monday, an official from the Lagos government announced plans to make changes to Oshodi Market. The general manager in charge of building regulations, Mr. Gbolahan Oki, said they will begin removing unauthorised structures from the market by July 30th. This means any shops or buildings that were added on illegally will be taken down.

He said,

“The Lagos State Building Control Agency, in conjunction with the Oshodi-Isolo Local Government Council Authority, has embarked on the sensitization of property owners, residents, shop owners, and market women and men on the removal of illegal structures, extensions built on road setbacks, shops, buildings, and public school premises around the Oshodi-Isolo LCDA.”

Mr. Oki also mentioned that there is a deadline to receive compensation for any structures that will be removed. This deadline is set for July 30th.

He said,

“The expiration period that we are looking at is July 30, and the action we are taking is to remove all the attachments. As you can see, some buildings are right on the road, and it is because of these attachments. Some believe that the attachment is part of the building.”

He added that even though making changes might seem easy to imagine, it can actually be very hard to do in real life.

“If we want change, it is going to affect us, and we are going to have that change at all costs. All these extensions are on work, which should not be. People selling on the road is unnecessary, and that is what we are trying to put in place; it is not a tribal issue. We must all comply with the rules and regulations.”

Mr. Oki encouraged shop owners at the market to take advantage of a special 2-month period.

During this time, they can get approval for their shops from the Lagos State government. Governor Babatunde Sanwo-Olu set the deadline.

“The reason we are here is to enforce; the directive of the governor is very clear; there is no attachment. Nothing should disrupt the flow of movement, which is very important, and that we stand on.”

The Executive Chairman of Oshodi-Isolo Local Government, Kehinde Oloyede, stated that accessibility is essential in every market.

He said,

“For market women to maximise whatever they are selling, they need access to the road. The state government believes that good access to roads would better help them in the performance of their duty, particularly agencies like the fire service.”

Oloyede explained that the local government is working together with LASBCA (Lagos State Building Control Agency). They decided to show leniency to the traders by allowing them to continue their business activities. This is until the festive period is over.

He added,

“The local government is partnering with LASBCA to the end that we have been given grace that after the festive sale ends in July, the state will intervene. However, before then, the local government would see to it that most of these extensions and attachments were removed. Those that fail to comply, then the Lagos State Government will take charge and do what they deem fit.”

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EFCC Detains Cubana Chief Priest Ahead Of Arraignment Today

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Cubana Chief Priest: Arraigned Over Naira Abuse | Fab.ng

Pascal Okechukwu, also known by his alias Cubana Chief Priest, is slated to make a courtroom appearance today, Wednesday, April 17, 2024. This comes as the Economic and Financial Crimes Commission (EFCC) gears up to formally charge him.

Reportedly, the EFCC has held the socialite in custody ahead of his scheduled arraignment before Justice Kehinde Ogundare at the Federal High Court located in Lagos.

Cubana Chief Priest is facing three charges related to the improper handling of Nigerian currency during social gatherings.

The allegations stem from an incident on February 13, 2024, at Eko Hotel. Here, the EFCC claims Cubana Chief Priest engaged in activities that involved spraying and manipulating ₦500 notes issued by the Central Bank of Nigeria. This was for two hours while participating in festivities.

The EFCC’s prosecution team, led by Rotimi Oyedepo (SAN) along with seven other legal representatives, formally complained on April 4, 2024.

The commission contends that Cubana Chief Priest’s actions violated Section 21(1) of the Central Bank Act 2007 and are subject to legal consequences.

In light of the recent conviction of Bobrisky, a prominent figure known for controversial acts, he received a six-month prison sentence for a similar offence. The EFCC released a statement indicating that several celebrities are currently under investigation for alleged misconduct involving the national currency.

In the statement, the agency’s spokesperson, Dele Oyewale, said,

“Many of them have made useful statements to the commission and many more have been invited by investigators working on the matter.

The EFCC will not relent in its no-sacred-cow mode of operations and the public should be wary of running afoul of laws against the crime.”

The agency that fights corruption (the anti-graft agency) has been flooded with videos showing people mistreating the Nigerian currency (naira abuse). They made it clear that they would only be looking into and punishing new cases of this kind of behaviour.

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Bobrisky To Spend 6 Months In Ikoyi Prison For Naira Abuse

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Bobrisky: 6 Months In Ikoyi Prison For Naira Abuse | Fab.ng

Popular Nigerian influencer Idris Okuneye, also known as Bobrisky, was recently sentenced to six months in jail without the option of a fine. The judge, Justice Abimbola Awogboro of the Federal High Court in Lagos, delivered the sentence on Friday, April 12, 2024.

Bobrisky’s arrest by the Economic and Financial Crimes Commission (EFCC) last week stemmed from accusations of mutilating Nigerian Naira currency.

The EFCC at the time of the arrest said they had “commenced investigation into her for allegedly spraying naira notes.”

The EFCC investigation revealed that Bobrisky allegedly defaced Nigerian currency at other events in the past. Bobrisky cooperated with the EFCC by showing up for questioning on April 4th and providing statements. The EFCC also initially accused Bobrisky of money laundering, but these charges were dismissed by the court.

Bobrisky: 6 Months In Ikoyi Prison For Naira Abuse | Fab.ng

Bobrisky’s sentence has sparked mixed reactions from Nigerians. Some believe the punishment is too severe for defacing money, which is sometimes done during celebrations in Nigeria.

“She was used as a scapegoat. Why no option of fine, please???? What point are they trying so hard to prove? I hope she learns to not always brag on social media that she is above the law when she gets out too,” someone said.

They just used her as a scapegoat and if we’re being fair, she doesn’t deserve it. 99% percent of people at events spray money exactly the way she sprayed money in that video. This isn’t fair,” another person said.

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