Remember I had mentioned that one of the Irokos who recently fell at the NGX has risen
Tony Ibeziakor one of the most brilliant Investment Bankers this decade has reemerged
He has resumed at the Dangote Group as GM and Group Head Corporate Finance
The full import of Tony’s appointment can be gleaned from the upcoming listing of the Dangote Refinery which puts him within a serious nexus of power
Remember that Dangote Group is one of the five major Market movers that impact the ASI
Also note that the listing of the Dangote Refinery will also ramp up the ASI tremendously and deepen Liquidity massively putting Tony as Head of its Corporate Finance within the very thick of things in this market
Tony remains focused and as he has mentioned to me, he wants to tunnel drive his activities along the set lines agreed with his new employees and not be distracted.
I congratulate the Dangote Group cos they have once again shown that they understand the very critical strategy of brilliant human capital mining cos this Tony’s ‘capture’ is nothing but a coup.
Lastly, let me say this, when Tony left the NGX, we had several discussions and although he was not particularly ‘happy’ at the circumstances, he remained very supportive of the NGX and its leadership and continued to wish them well.
In his new position, he is better placed to really push for the growth of the Market with what he would be doing with a group that has one of the largest capitalisations in the market.
Welldone my brother and congratulations Alhaji – you really did this one
Thanks
Duke of Shomolu
Last modified: February 26, 2026
