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Dr George Elombi Inaugurated as Afreximbank President in Egypt
Dr George Elombi has been inaugurated as the new Afreximbank President at a grand ceremony in Egypt, marking a new chapter in the African Export-Import Bank’s leadership and reaffirming its mission to boost intra-African trade, industrialization, and economic transformation across the continent.
Dr George Elombi Inaugurated as Afreximbank President in Egypt
Cairo, Oct. 25, 2025 — GMTNewsng.com
Dr George Elombi has officially assumed office as the new Afreximbank President, succeeding Prof Benedict Oramah at a colourful inauguration ceremony held at the St Regis Almasa Convention Center in Egypt’s New Administrative Capital. The grand event drew African leaders, finance ministers, and top dignitaries from across the continent, celebrating the historic transition at the helm of the African Export–Import Bank. The appointment of Dr Elombi marks the beginning of a new era in the institution’s drive to promote intra-African trade and economic transformation.
The new Afreximbank President, a seasoned Cameroonian banker and legal expert, brings nearly three decades of experience within the institution. Dr Elombi joined the bank in 1996 and has held several strategic positions, including Executive Vice President for Governance, Legal & Corporate Services. His elevation, endorsed by the Afreximbank Board of Directors and shareholders, signals confidence in his leadership and vision to consolidate the bank’s reputation as Africa’s foremost trade finance institution.
In his inaugural address, the Afreximbank President reaffirmed his commitment to deepening the bank’s mandate of financing trade, supporting industrialization, and strengthening the African Continental Free Trade Area (AfCFTA). He emphasized that Afreximbank would continue to play a catalytic role in unlocking Africa’s potential through innovation, sustainable investment, and regional cooperation. “This is a defining moment for Africa’s transformation, and Afreximbank will stand at the center of that process,” Dr Elombi stated.
The outgoing president, Prof Benedict Oramah, who led Afreximbank for nearly a decade, was lauded for his visionary leadership and expansion of the bank’s portfolio to over $30 billion. Dignitaries at the event, including Egypt’s Prime Minister, African ministers of finance, and Central Bank governors, praised Oramah for positioning Afreximbank as a continental powerhouse. They expressed optimism that the new Afreximbank President would sustain and accelerate the bank’s growth trajectory.
Under Dr Elombi’s leadership, the Afreximbank President is expected to focus on strengthening partnerships with African governments, financial institutions, and the private sector. His agenda prioritizes innovative trade financing, digital transformation, and climate-resilient investments. Stakeholders say his deep institutional knowledge and understanding of Africa’s economic landscape give him a unique edge to navigate the complexities of continental trade.
The inauguration of the new Afreximbank President was marked by cultural displays, speeches from African leaders, and the symbolic handover of instruments of office. The audience, made up of delegates from over 50 African countries, gave standing ovations as Dr Elombi pledged to “deepen the bank’s continental presence and strengthen Africa’s global trade voice.” His remarks resonated strongly with participants who described the transition as “a seamless continuation of visionary leadership.”
For many observers, Dr George Elombi’s ascension as Afreximbank President underscores the bank’s commitment to leadership continuity and African excellence. His stewardship is expected to build on ongoing projects such as the Pan-African Payment and Settlement System (PAPSS), the Creative Africa Nexus (CANEX), and industrial parks across the continent. Analysts believe that his tenure will bring renewed focus to Africa’s economic resilience and trade independence.
As the new Afreximbank President takes charge, expectations are high across Africa’s financial community. His inauguration not only represents a change of leadership but also a reaffirmation of Afreximbank’s mission to drive Africa’s prosperity through trade and industrialization. With the confidence of shareholders and the goodwill of member states, Dr George Elombi begins his presidency with a strong mandate to write the next chapter in Africa’s financial renaissance. http://Gmtnewsng.com
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NiMet Weather Update: Dust Haze and Rain Expected from Monday
NiMet weather update predicts three days of dust haze and rain across Nigeria from Monday to Wednesday, warning of possible flooding in parts of the South.
NiMet Weather Update: Dust Haze and Rain Expected from Monday
October 27, 2025 | Abuja
The NiMet weather update has predicted a mix of dust haze and rainfall across various parts of Nigeria from Monday to Wednesday, urging residents to remain alert and take necessary precautions.
In its NiMet weather update released on Sunday in Abuja, the Nigerian Meteorological Agency (NiMet) projected slight dust haze with good visibility over Borno, Zamfara, northern Kaduna, Yobe, Jigawa, Kano, and Katsina States on Monday.
According to the agency, isolated thunderstorms and light rain are also expected in Taraba and Adamawa States during the afternoon and evening hours, while sunny skies with patches of clouds are likely in the central region, including FCT, Nasarawa, and Kogi, with chances of late-day rain.
The NiMet weather update further noted cloudy conditions in the southern region on Monday morning, followed by moderate rainfall and thunderstorms later in the day over Imo, Abia, Ebonyi, Ondo, Lagos, Ekiti, Ogun, Delta, and Rivers States.
For Tuesday, the NiMet weather forecast indicated continued slight dust haze in the north and possible thunderstorms in Taraba and Adamawa, while the central region will witness sunny skies with moderate rain in FCT, Nasarawa, and Kogi.
Across the south, moderate rainfall is anticipated in Rivers, Cross River, Ebonyi, and Akwa Ibom in the morning, with increasing intensity later in the day. NiMet also warned of possible flooding in parts of Akwa Ibom, Rivers, and Cross River, urging authorities to activate emergency response measures.
By Wednesday, the NiMet weather update anticipates sunny skies across the north, with isolated thunderstorms in Taraba, and light rain in the central region, especially Kogi and the FCT. The southern states will start cloudy, transitioning to thunderstorms and moderate rain later in the day.
NiMet also cautioned against potential flash floods and advised motorists to drive carefully in wet conditions. The agency urged persons with asthma or respiratory issues to minimize outdoor exposure due to dust particles in northern airspace.
It further advised airline operators to obtain airport-specific weather reports for flight planning and encouraged the public to stay informed through NiMet’s website and official communication channels. GMTNewsng
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Wike in Dubai for 2025 Asia Pacific Cities Summit and Mayors’ Forum
Wike in Dubai for the 2025 Asia Pacific Cities Summit and Mayors’ Forum to engage world city leaders on sustainable urban development and global cooperation.
Wike in Dubai for 2025 Asia Pacific Cities Summit and Mayors’ Forum
Date: Oct. 27, 2025
The Wike in Dubai visit marks Nigeria’s strong representation at the 2025 Asia Pacific Cities Summit and Mayors’ Forum (2025APCS), as the Federal Capital Territory (FCT) Minister, Nyesom Wike, arrived in the United Arab Emirates (UAE) this week for the high-level international engagement.
According to a statement by the Minister’s Senior Special Assistant on Public Communications and Social Media, Lere Olayinka, on Monday, Wike in Dubai was warmly received by the Consul General of Nigeria, Ambassador Zayyanu Ibrahim, alongside officials of the Federal Capital Territory Administration (FCTA) who arrived ahead of him.
During the summit, Wike in Dubai will lead a discussion panel on Tuesday, where he will field questions about the Federal Capital Territory, exchange ideas with other Mayors of capital cities, and explore opportunities for sustainable city partnerships.
The 2025 Asia Pacific Cities Summit and Mayors’ Forum seeks to create long-term value for cities and businesses across Asia Pacific, the Middle East, Africa, and South Asia, promoting trade, innovation, and investment opportunities.
An initiative of the Brisbane City Council, Australia, the forum is recognized as one of the world’s most diverse gatherings of mayors, city leaders, business executives, and young professionals committed to shaping the future of global urban development.
The 2025APCS theme, “Collaborate, Inspire, Transform,” aligns with global efforts to build smart, resilient, and sustainable cities. Sub-themes such as “Centres of Connection” highlight the role of transportation networks and urban innovation in improving quality of life.
Through his participation, Wike in Dubai underscores Nigeria’s commitment to engaging the global urban community in forward-thinking conversations about development, governance, and sustainability. GMTNewsng
https://fcta.gov.ng/
Dubai (UAE) – official city portal: https://www.dubai.ae/
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NDA Shooting Exercise 2025: Academy Sends Strong Warning to Kaduna Residents
The Nigerian Defence Academy (NDA) has warned residents of Afaka, Kauya, and Mando to stay clear of its open range during the NDA shooting exercise scheduled from Oct. 28 to Nov. 7, 2025, in Kaduna.
NDA shooting exercise: Academy warns Kaduna residents
October 27, 2025 | Kaduna
The NDA shooting exercise scheduled by the Nigerian Defence Academy (NDA) has prompted a public warning to residents of Afaka, Kauya, Tsamiya, and Mando in Kaduna State to steer clear of its open range from Tuesday, October 28 to November 7, 2025.
According to a statement released by the NDA Public Relations Officer, Major Mohammed Maidawa, the NDA shooting exercise is part of the Range Management Package for cadets of the 73 Regular Course (Army), aimed at improving their combat readiness. http://nda.org.ng
“The NDA wishes to inform the general public, especially inhabitants of Mando, Tsamiya, Kauya, and Afaka general area, that it will be conducting its Range Management Package NDA shooting exercise for cadets,” the statement read.
Maj. Maidawa assured residents that all safety precautions have been taken for the smooth and secure conduct of the NDA shooting exercise, while urging the public to cooperate with military personnel during the period.
The statement added that the Commandant, Maj.-Gen. Abdul Ibrahim, conveys his appreciation to the host communities for their understanding and continued support.
The Nigerian Defence Academy, based in Kaduna, is Nigeria’s foremost military training institution, responsible for producing officers for the Army, Navy, and Air Force. The shooting exercise forms part of its continuous efforts to enhance professionalism and discipline among its cadets. GMTNewsng
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