Was Nairahost Acquired By New CEO, Adeolu Akinyemi?

Update: We contacted Nairahost’s Emmanuel who emailed to say that Nairahost will release an official press statement later. We are eagerly looking forward to that.
I’m wondering how we missed the story about Nairahost appointing a Chief Executive Officer in January. But wait, didn’t they have a CEO before?
We didn’t know that Nairahost has faced a lot of problems regarding running the company smoothly, managing funny customers and financial limitations not until we saw the information posted on their blog.
Nairahost is the leading web hosting company in Nigeria founded in 2004 by Emmanuel Oluwatosin and Kayode Muyibi and two other people who we don’t know.
Nairahost recently sought for external funding (due to financial limitations, I guess) and in a deal that fetched them $500, 000 (about N85 million), according to information on their blog, they were able to appoint a CEO who’s supposed to oversea the company’s goals and visions.
