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Zenith Bank Named ‘Bank of the Year’ By The Banker’s Magazine

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Zenith Bank MD, Dame Adaora Umeoji

Zenith Bank Plc has been honored as the “Bank of the Year, Nigeria” in The Banker’s Bank of the Year Awards 2024.

The prestigious recognition, announced by The Banker Magazine, part of the Financial Times Group in the UK, highlights the bank’s robust management, effective business strategy, and commitment to sustainability and ESG banking practices.

The ‘Bank of the Year’ award is one of the most prestigious in the global banking industry, contested by leading financial institutions across multiple regions, including Africa, Asia-Pacific, the Middle East, and Europe.

Reacting to the accolade, Zenith Bank’s Group Managing Director/CEO, Dame Adaora Umeoji, expressed her gratitude, saying, “We are delighted and honored to be named the Bank of the Year, Nigeria.

This award is a testament to the trust and loyalty of our customers, the visionary leadership of our Board and Management, and the hard work of our dedicated staff. It reflects our commitment to providing exceptional service and contributing to Nigeria’s economic development.”

Umeoji also praised the bank’s founder and chairman, Jim Ovia, for his visionary leadership in establishing a globally recognized institution known for innovation, performance, and value creation.

As part of its global expansion strategy, Zenith Bank recently launched its Paris branch, following approval from France’s banking regulator, the ACPR. This move is part of the bank’s goal to serve clients worldwide.

Zenith Bank’s commitment to excellence has earned it numerous accolades, including being ranked as the top bank in Nigeria by Tier-1 Capital for 15 consecutive years in the 2024 Top 1000 World Banks ranking by The Banker Magazine. The bank has also been named Bank of the Year (Nigeria) in The Banker’s Awards for 2020 and 2022, as well as Most Sustainable Bank in Nigeria by International Banker in both 2023 and 2024.

In addition, Zenith Bank has been recognized for its achievements in various sectors, including Best Bank in Nigeria (2020-2024) by Global Finance World’s Best Banks Awards and Best Commercial Bank in Nigeria (2021-2024) by the World Finance Banking Awards.

It has also won several awards for corporate governance, including Best Corporate Governance Bank, Nigeria (2022-2024), and was named Best in Corporate Governance in Financial Services in Africa for four consecutive years by the Ethical Boardroom.

The bank has further demonstrated its commitment to innovation and customer satisfaction by winning titles such as Most Valuable Banking Brand in Nigeria (Banker Magazine 2020 and 2021), Retail Bank of the Year (2020-2022), and Bank of the Year (2023) at the BusinessDay BAFI Awards.

Zenith Bank has also earned accolades such as Best Commercial Bank, Nigeria (International Banker 2022) and Most Responsible Organization in Africa (SERAS Awards 2021).

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Netflix Refutes Exit Rumors, Reaffirms Commitment To Nigerian Market

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Dailygazettenig
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Netflix has firmly denied rumors suggesting that it is withdrawing from the Nigerian market, despite reports from several publications claiming the streaming giant is retreating from the country.

The company emphasized that it remains committed to investing in Nigerian content.

The speculation began following comments from Nigerian filmmaker Kunle Afolayan at the 2024 Zuma International Film Festival.

Afolayan stated that Netflix had canceled several films it had previously commissioned, fueling concerns about the company’s future in Nigeria.

Afolayan reflected on the initial excitement when Netflix signed a three-film deal with him three years ago, but noted that despite the international success of the films, Netflix appeared dissatisfied with their performance in Nigeria.

“Thank God we had already filmed seasons two and three of ‘Anikulapo’ because the other filmmakers we worked with at the same time had their projects canceled,” Afolayan said, though he did not explicitly state that Netflix was pulling out of the Nigerian market.

His remarks, however, raised questions about the streaming platform’s commitment to the country.

This uncertainty is heightened by the recent exit of Amazon Prime from Nigeria in January 2024, which followed a large-scale marketing campaign and a lineup of Nigerian originals.

Despite this, Netflix has reassured its audience in Nigeria that it is not leaving. In a statement to TechCabal on Wednesday, a Netflix spokesperson said, “We are not exiting Nigeria. We will continue to invest in Nigerian stories to delight our audience.”

While the statement did not directly address Afolayan’s claims regarding canceled projects, it aimed to dispel any fears about the company’s departure from Nigeria.

The conversation around Netflix’s future in Nigeria has intensified, especially with the country’s rising inflation and devaluation of the naira, which have strained consumer spending.

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President Tinubu Returns To Abuja After Diplomatic Visits France, South

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Dailygazettenig
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President Bola Ahmed Tinubu has returned to Abuja following a week-long diplomatic tour of France and South Africa.

He arrived at the Nnamdi Azikiwe International Airport at around 9:10 pm and was welcomed by senior government officials, including Chief of Staff Hon. Femi Gbajabiamila, National Security Adviser Mallam Nuhu Ribadu, and Minister of the Federal Capital Territory, Chief Nyesom Wike.

President Tinubu’s trip began on Wednesday, November 27, when he traveled to Paris, France, at the invitation of French President Emmanuel Macron for a three-day state visit.

He and his wife, First Lady Oluremi Tinubu, were warmly received at the Élysée Palace on Thursday by President Macron and his wife, Brigitte Macron.

During their meeting, the two leaders held a joint press conference, where President Tinubu highlighted Nigeria’s ongoing efforts and progress in combating insecurity.

While in France, he also participated in the signing of several agreements, including strategic partnerships and memoranda of understanding between Nigeria and France.

He also engaged in a Nigeria-France Business Council session aimed at strengthening economic ties.

On Sunday night, President Tinubu departed France for South Africa, where he co-chaired the 11th session of the Nigeria-South Africa Bi-National Commission (BNC) in Cape Town, alongside South African President Cyril Ramaphosa.

During the BNC meeting on Tuesday, President Tinubu emphasized the crucial leadership roles both nations must play in advancing Africa’s collective interests.

Additionally, he attended the Nigeria-South Africa Business Forum, furthering economic collaboration between the two countries.

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Tinubu’s Wife Proposes Renaming National Hospital Radiotherapy Centre After Maryam Abacha

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Dailygazettenig
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The First Lady, Senator Oluremi Tinubu, has proposed that the National Hospital’s radiotherapy centre in Abuja be renamed in honour of former First Lady Maryam Abacha.

Her appeal was made during the 25th-anniversary celebration of the hospital, which was themed “Celebrating 25 Years of Quality Services and Expert Care.”

In her address, Senator Tinubu highlighted Maryam Abacha’s pivotal role in the establishment of the hospital, crediting her vision and efforts for making the facility a reality.

She suggested that renaming the cancer centre would be a fitting tribute to Abacha’s contributions.

Senator Tinubu also commended the hospital for its impact on healthcare delivery in Nigeria and beyond.

She emphasized the hospital’s crucial role in training specialized healthcare professionals and urged the staff to uphold their commitment to excellence in patient care.

Professor Muhammed Ali Pate, the Coordinating Minister of Health and Social Welfare, reflected on the hospital’s growth over the past 25 years, noting its expanded services that now include care for women and children, along with a diverse array of medical offerings.

He reiterated President Bola Ahmed Tinubu’s dedication to improving healthcare and investing in Nigeria’s medical infrastructure.

Professor Mahmud Raji, the Chief Medical Director of the National Hospital, reported that the hospital has reduced its reliance on government funding, increasing its internally generated revenue to ensure its long-term sustainability.

He also revealed plans for a world-class neurosciences institute and a new presidential wing at the hospital.

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Soludo Pledges To End 21-Year Power Outage At Odumegwu Ojukwu University

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Dailygazettenig
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Governor of Anambra State, Prof. Chukwuma Soludo, has promised to resolve the 21-year power outage at Chukwuemeka Odumegwu Ojukwu University, Uli Campus, in Ihiala Local Government Area.

Soludo made the commitment during a one-day working visit to the university, according to a statement issued by his Press Secretary, Christian Aburime, on Wednesday.

The Governor emphasized that the resolution of the power issue would not only benefit the university but also the surrounding Uli community.

He acknowledged the well-maintained environment of the campus but pointed out that it requires substantial infrastructure development.

The statement read in part: “After 21 years without electricity, the students of Chukwuemeka Odumegwu Ojukwu University, Uli Campus, will soon enjoy a steady power supply. Uli as a community will also benefit from this intervention. We are working on a plan to restore power to both the campus and the community.”

Soludo reinforced his administration’s focus on education as a key driver for Anambra’s future.

“Education is the foundation of Anambra, and we are committed to investing in human capital that is not only productive at home but also internationally competitive. We are investing in quality education, which is why we are following the PPCP framework,” he stated.

The Governor also promised to improve internet access on the campus by providing Wi-Fi in public spaces, enhancing students’ digital engagement.

“In today’s world, it’s not just about the certificate you hold but what you can do. Digitalisation will provide this campus with a competitive edge,” he assured.

Soludo further announced plans to begin the gradual construction of internal roads within the campus and encouraged the local community to take steps to protect the institution.

Prof. Ngozi Chuma-deh, the Commissioner for Education, expressed her strong support for the Governor, describing him as education-friendly.

The Acting Vice Chancellor of the university, Prof. Kate Omenugha, thanked Soludo for his visit and support, particularly in securing the institution’s accreditation.

“We are developing our strategic vision, and with the Governor’s support, we aim to transform this campus into a center of excellence. If we drive Uli campus forward, it could become the ‘Japan of Africa.’” Prof. Omenugha added.

Other dignitaries at the event included the Chief of Staff to the Governor, Ernest Ezeajughi; Chief Protocol Officer, Chinedu Nwoye; Anambra State House of Assembly members from Ihiala, Jude Ngobili and Chukwuebuka Iloh; and the Mayor of Ihiala Local Government Area, Anayo Orjiakor.

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Reps Call On FG To Strengthen Security In Southeast After Enugu Attacks

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Dailygazettenig
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The House of Representatives has called on the Federal Government to enhance its efforts in addressing the escalating insecurity and banditry in the Southeast, particularly in Enugu State.

The call followed the adoption of a motion by Prof. Paul Nnamchi (LP-Enugu) during Wednesday’s plenary, urging the government to take urgent steps to address the root causes of the insecurity.

The House recommended better intelligence gathering, increased community engagement, and greater coordination among security agencies.

Prof. Nnamchi, who moved the motion, condemned the recent banditry attack on farmers in Mgbuji Eha-Amufu, located in Isiuzo Local Government Area of Enugu State.

The attack resulted in loss of lives, destruction of property, and the displacement of residents who depend on farming for their livelihood.

He highlighted that the region had experienced repeated violent attacks by armed bandits and herdsmen in recent years, creating an environment of fear, instability, and food insecurity.

Nnamchi further noted that the former Chief of Army Staff had deployed soldiers to the area in response to earlier attacks, leading to a reduction in the frequency of violence.

However, he expressed concern over the recent withdrawal of military personnel, which has left the community vulnerable to further attacks.

The representative emphasized that the government’s constitutional duty is to protect the lives and property of its citizens, ensuring peace and security across the nation.

He also warned that the continuing insecurity in Mgbuji Eha-Amufu poses a serious threat to national food security, as farmers are being forced to abandon their lands.

The House condemned the recent attacks and called for swift action to restore peace in the region.

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Public Outcry Forces Edo CP To Order Investigation Into Former NLC Chairman’s Death After Police Encounter

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Dailygazettenig
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Picture of Late Eboigbodin

The Commissioner of Police in Edo State, Umoru Ozigi, has ordered an investigation into the death of Comrade Kaduna Eboigbodin, the former Chairman of the Nigerian Labour Congress (NLC) in the state.

Eboigbodin reportedly died after a confrontation with police officers who allegedly flagged him down.

According to reports, the police claimed he was to be taken to the station, but shortly after the interaction, he collapsed and died.

The incident has prompted civil society groups to issue a 48-hour ultimatum for the police to identify and hold accountable the officers involved in the incident, which occurred at a roadblock.

A statement from the Police Public Relations Officer (PPRRO), Moses Yamu, confirmed that CP Ozigi had directed an immediate investigation into the circumstances surrounding Eboigbodin’s death.

The statement expressed the police command’s deep concern over the incident, noting that the death was allegedly linked to “unprofessional conduct” by the police.

The Commissioner of Police extended his condolences to Eboigbodin’s family, friends, and colleagues, and reaffirmed the commitment of the police to upholding the law and ensuring justice is served.

The statement also emphasized the strong working relationship between the police, civil society organizations, the NLC, and other stakeholders in the state, and assured that the investigation would be thorough and transparent.

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‘You Should Be Proud of Me,’ Nigerian Pastor Breaks Silence After UK Court Ordered His Deportation

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Dailygazettenig
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Pastor Tobi Adegboyega, the Nigerian-born UK pastor, has addressed recent reports regarding his potential deportation to Nigeria.

The pastor, who was previously the leader of the Salvation Proclaimers Anointed Church (SPA), which was shut down over allegations of a £1.87 million fraud, has lost his legal battle against deportation.

Despite his claims that the deportation violates his human rights, an immigration tribunal ruled that Adegboyega, aged 44, should be sent back to Nigeria.

The decision followed investigations into financial misconduct within his church.

Adegboyega, who is also the cousin of Star Wars actor John Boyega, took to his Instagram to address the issue.

He reassured his followers, saying, “I’ve heard a lot today, and I’m doing this because our friends, our fans, and people who are worried. I’m right here at home, no cause for alarm. Naturally, I dismiss things that have to do with retrogression.”

Adegboyega further emphasized, “Every Nigerian should be proud of me. I’ve survived all sorts, and the matter they are propagating is the smallest of matters. No panic. I love London city, it is my city, and nobody can do anything.”

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Suspected IPOB/ESN Camp In Imo Dismantled, Key Suspects Arrested During Operation

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Dailygazettenig
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A joint operation by security forces has successfully dismantled a suspected hideout of the Eastern Security Network (ESN), the armed wing of the Indigenous People of Biafra (IPOB), in Aku, Okigwe Local Government Area, Imo State.

The operation, which took place on Wednesday, involved the Police, Army, Department of State Services (DSS), Nigeria Security and Civil Defence Corps (NSCDC), and other security agencies.

In a statement issued in Owerri, Police Public Relations Officer (PPRO) Henry Okoye confirmed the operation, highlighting the collaborative efforts of various security agencies.

The Commissioner of Police for Imo State, CP Aboki Danjuma, along with other senior officers, called on residents to continue providing intelligence to support ongoing operations targeting criminal elements in the region.

The operation was part of a larger security effort initiated to neutralize a notorious hideout in Aku, which had been linked to “Gentle,” the leader of the ESN criminal group.

The operation, which has been underway for several weeks, resulted in the dismantling of the base, used by the group to launch violent attacks against civilians and security forces.

Several key suspects were arrested during the operation.

Brigadier General Joseph Ogbonna (Rtd.), Senior Special Assistant on Security Affairs to the Governor, reassured Aku residents, urging them to return to their community and work closely with security personnel to maintain peace.

Senior security figures, including Brigadier General U.A. Lawal, Commander of the 34 Artillery Brigade, and the Director of DSS, visited the site to assess the progress of the operation.

The statement concluded by emphasizing the importance of public collaboration with the authorities, highlighting that the joint operation’s success would rely on the continuous support and cooperation of the local population to ensure long-term peace and stability in Imo State.

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Bill For Creation Of Another State Passes First Reading In Senate

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Dailygazettenig
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A bill proposing the creation of a coastal state from the southern part of Ondo State has successfully passed its first reading in the Nigerian Senate.

Senator Jimoh Ibrahim (APC, Ondo South), the sponsor of the bill, is advocating for a constitutional amendment to establish the new state, which he believes will promote development in the riverine communities of Ondo’s Southern Senatorial District.

During the bill’s presentation, Senator Ibrahim expressed optimism that it would proceed smoothly through the second and third readings in future Senate sessions.

He emphasized that the creation of a coastal state would boost socio-economic development, particularly in the region’s riverine areas.

Addressing concerns about the inclusion of Ondo’s Southern Senatorial District in the proposed Ijebu State, Senator Ibrahim strongly rejected the notion, stating that the district should either remain part of Ondo State or be included in the new coastal state.

“The Ondo Southern Senatorial District can never be part of the proposed Ijebu State,” he stated, reaffirming his commitment to the success of the coastal state bill.

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