Ajibade will host the show alongside Rahama Sadau, an actress who became popular in the mainstream movie market after a ban from Kannywood in 2016.
"Not only do they have the requisite physical demands for such an assignment, they surely do possess the intellectual gravitas to steer it to a safe habor,"Â Seun Oloketuyi, executive producer of BON said.
The nominees for the awards were announced on September 7, 2017, including Sambisa Nzeribe, Gabriel Afolayan, "What Lies Within," Rachel Okonkwo among others.
Rahama Sadau was also nominated for the best actress in a leading role for the 2017 movie, "Tatu."
According to the organizers, they received over 128 films - 113 feature films, seven short films and two TV series were screened and accepted.
The 2017 edition of the awards show will take place in Abeokuta, this December.