Last week, the Ijebu of South-West Nigeria rolled out the drums to celebrate Oba Sikiru Kayode Adetona, as he celebrated his 90th birthday and 64th anniversary as the Awujale and Paramount Ruler of Ijebuland. Everyone, royalty, nobility, the well-heeled and plebeian, came out to salute a man of courage, wisdom and statecraft. Even President Bola…
Shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Wednesday, 8 May 2024, approved the proposed final dividend payment of NGN3.50 per share, bringing the total dividend for the 2023 financial year to NGN4.00 per share, with a total value of NGN125.59 billion,…
Zenpay Limited, a wholly owned subsidiary of Zenith Bank Plc, has signed an Agreement with the African Continental Free Trade Area (AfCFTA) Secretariat for the development and deployment of the SMARTAfCFTA Portal to facilitate trade within the African continent. The agreement which was signed by the Chairman of Zenpay Limited, Dr. Ebenezer Onyeagwu and the Secretary-General of the AfCFTA Secretariat, His Excellency Wamkele Mene, at Zenith Bank Headquarters,…
Former Governor Yahaya Bello of Kogi State is trending these days the way crossdresser Bobrisky trended on social media for mutilating the naira because there were no serious matters to discuss. One is joining the fray because some friends in the church turned it into a matter for discourse last Sunday. Not even a protest…
Shareholders of Zenith Bank Plc unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting (EGM) held virtually from Zenith Heights, Zenith Bank Plc, Victoria Island, Lagos, on Friday, April 26, 2024. In accordance with the Scheme of Arrangement dated March 28 2024, pursuant to Section 715 of the Companies and…
President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as the Chairman of the Board of the Nigerian EducationLoan Fund (NELFUND). This was announced in a State House Press Release by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale on April 26, 2024. According to the…
What if I said Yetunde is one of my destiny helpers? You probably won’t believe. But here is the story. I resumed at Anchor Newspaper as Manager for Human Resource and Corporate Planning. Erm. That’s not exactly so. About six months before the paper debuted, myself and my friend, Greg Obong-Oshotse, who later became pioneer…
Nigerians love to play ethnic politics, mixed with religion. If you check the pattern of votes, even from the First Republic, you will observe that every presidential (or First Republic Prime Ministerial) candidate always had his highest votes amongst his ethnic nationality, even if he lost the election. Since 1922 when Lord Frederick Lugard, Nigeria’s…
Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125% in gross earnings from NGN945.6 billion reported in 2022 to NGN2.132 trillion in 2023. According to the audited financial results for the 2023 financial year presented to the Nigerian Exchange (NGX), this impressive…
The Minister of Power, Adebayo Adelabu, should use the most obvious silver bullet solution to sort out Nigeria’s electricity sector’s penkelemesi, which his grandfather may have described as a peculiar mess. Ministry of Finance Incorporated, the holding corporation of the Federation, also owns a significant stake in electricity generation companies and electricity distribution companies that it makes…