Business
Senate Confirms SEC DG’s Appointment
Almost five months after her nomination, the senate last week confirmed the appointment at Ms Arunma Ojeh as the Director General of the Apex regulator of the Nigerian Capital Market, Securities and Exchange Commission (SEC).
The senate rejected the confirmation of Ahmed Makele as Executive commissioner of the Commission.
The senate, in rejecting the nomination of makele observed that there was no vacancy to justify the confirmation of the nominee.
Ojeh had been screened by the senate committee on capital market headed by Ganiyu Solomon last month. Although the report of the screening was formally presented to the Senate two weeks ago, it was not debated before the lawmakers adjourned plenary for 10 days to handle the 2010 budget.
Following the confirmation, Ojeth will take over from Daisy Ikineh, who has been acting as the Commission’s Director General since Musa Alfaki resigned from the position in April this year after he was allegedly implicated in the poor handling of the AP Share manipulation saga.
During the screening exercise that preceded her confirmation, the senators praised Ojeh’s resume.
She was described as a “round peg in a round hole’,
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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