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ZENITH BANK DRIVES CONVENIENT BANKING AND FINANCIAL INCLUSION WITH Z-MONEY

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Nigeria’s leading financial institution, Zenith Bank Plc, has introduced Z-Money, which brings banking services closer to its customers


and enhance financial inclusion among the under-banked and unbanked populace of the country.

Z-Money is an agency banking product of the bank which entails the onboarding of agents who are expected to render basic financial services on behalf of the bank.
Through the bank’s network of agents spread across the urban and rural communities in the country, customers are able to open accounts, deposit cash into any account, withdraw cash from any bank account, transfer funds, buy airtime, pay bills, and do so much more in a convenient way. In order to engender trust among its customers, the Bank ensures that all transactions done through the agents are PIN protected and safe.
Commenting on the new product, the Group Managing Director/Chief Executive of Zenith Bank Plc, Mr. Ebenezer Onyeagwu said “the bank remains focused on providing premium financial solutions that create value for its customers wherever they are located across the country”. He added that apart from helping to extend the bank’s retail reach across all segments of the market, the adoption of the agency banking platform also demonstrates the bank’s commitment to achieving financial inclusion in the country.
Zenith Bank Plc is recognized as one of the most innovative financial institutions in Nigeria and was voted the most customer-focused bank in Nigeria for the Retail and SME segments in the 2018 KPMG Annual Banking Industry Customer Satisfaction Survey (BICSS).
The bank’s commitment to world-class service standards has led to several product innovations over the last few weeks including the “Zenith Timeless Account”, which allows Nigerians aged 55 years and above bank for free, the “Zenith Save4me”, a high interest target savings account and “Dubai Visa Service” on the Zenith Internet Banking Platform, which allows convenient application and payment for visas to Dubai.

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Breaking: Buhari Announces Fowler’s Replacement, He Is Muhammad M. Nami

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Sacks

President Muhammadu Buhari has failed to renew the appointment of Babatunde Fowler, Chairman of the Federal Inland Revenue Service (FIRS).

Fowler’s tenure expired today 9 December. A statement by the Presidency is quoted to have said that Fowler is expected to hand over to the most senior director on the board who will take charge.

He will be replaced by Muhammad M. Nami, following the confirmation of a new board by the Senate. Muhammad M. Nami’s nomination was conveyed in a letter Buhari sent to the Senate, on the composition of a new board for the revenue agency.

The board is composed of a member representing each of the six geographical zones and statutory representatives from a select number of ministries and government agencies.

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Nami is described as a well-trained Tax, Accounting, and Management professional with highly rated qualifications and professional practice and licenses from relevant professional bodies”.

He has almost three decades of practical working experience in Auditing, Tax Management and Advisory and Management services to clients in the banking, manufacturing, services and public sectors as well as non- profit organisations.

A graduate of Bayero University Kano and Ahmadu Bello University, Zaria where he obtained a Bachelor’s Degree in Sociology (1991) and a Masters of Business degree (2004) respectively. He is also a fellow of Chartered Institute of Taxation of Nigeria, Institute of Debt Recovery Practitioners of Nigeria and Associate Member of Nigerian Institute of Management (Chartered) and Association of National Accountants of Nigeria.

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He started his career with PFK in 1993 and rose to the position of a Senior Consultant in charge of Tax management and advisory services. He is currently the managing consultant of Manam Professional Services (Chartered Tax Practitioners and Business Advisers) based in Kaduna, Abuja, Niger State.

He has served and is still serving, on many companies’ Board and Statutory Board Audit Committees. He was appointed as a member, Presidential Committee on Audit of Recovered Stolen Assets in November 2017 by President Buhari.

 

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WINNERS OF 2019 FIRSTBANK SPONSORED NATIONAL COMPANY OF THE YEAR COMPETITION CONTEST IN THE AFRICA COMPANY OF THE YEAR COMPETITION

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First Bank of Nigeria Limited has announced that Taidob College Abeokuta, the 2019 winners of the National Company of the Year competition organized by Junior Achievement Nigeria would compete against student teams from 10 other Junior Achievement member countries across Africa. The student team contestants comprise representative from the Kingdom of Eswatini (Swaziland), Ghana, Zambia, Gabon, Uganda, Zimbabwe, Mauritius, Botswana, Kenya and South Africa. The event is scheduled for Friday, 6 December 2019 at Alisa Hotel in Accra, Ghana.

The African stage of the National Company of the Year competition is a buildup and sequel to the national event hugely competed by 12 student companies from across the country, including the eventual winner Taidob College Abeokuta. Terra Kulture, Lagos played host to the event on 3 October 2019.

Speaking on the event, Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications, First Bank of Nigeria Limited said “the youngsters from Taidob College are indeed not just solution providers, but also life savers. The impact of their innovation – the Gas Leakage Detector – would go a very long way at solving the problem of fire outbreaks due to gas leakages in homes, offices, and industries. I no doubt believe that they would make Nigeria and indeed the rest of Africa proud at the competition. We are delighted to associate with them and congratulate Junior Achievement on the feats so far attained”.

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Last year, Inventive Explorers, from Caro Favored College Ajegunle, emerged the grand winners at the Africa Company of the Year competition in Ghana. Their rechargeable handheld LED traffic lights has solved a real problem in various congested communities and reduced traffic accidents, especially in areas with school children crossing busy streets. Over the years, FirstBank has been at the forefront of partnering with Junior Achievement Nigeria in Company of the year program and competition.

The National Company of the Year Competition (NCOY) is an annual flagship event by Junior Achievement Nigeria’s (JAN), which convenes the winners of the JA Company Program Regional Competitions across Nigeria together to compete for the National Company of the Year Award. The national winner then proceeds to represent Nigeria against other JA Africa member-nation companies.

About FirstBank

First Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa and the leading banking services solutions provider in Nigeria for 125 years. With some 15 million customer accounts, FirstBank provides a comprehensive range of retail and corporate financial services with over 750 business locations. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as a Representative Office in Beijing.

Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.

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FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row (2011 – 2016) by the globally renowned “The Banker Magazine” of the Financial Times Group; “Best Retail Bank in Nigeria” for seven consecutive years (2011 – 2017) by the Asian Banker International Excellence in Retail Financial Services Awards and “Best Bank in Nigeria” by Global Finance for 15 years. Our brand purpose is to always put customers, partners and stakeholders at the heart of our business, even as we standardise customer experience and excellence in financial solutions across sub-Saharan Africa, in consonance with our brand vision “To be the partner of first choice in building your future”. Our brand promise is to always deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on our inherent values of passion, partnership and people, to position You First in every respect.

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UBA on a winning streak; Gets double recognition as best CSR Company in support of Education

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l-r: Former President, Brand Journalists’ Association of Nigeria, Mr Goddie Ofose; Managing Director/CEO Modion Communications, Mr. Odion Aleobua; Chief Executive Officer, UBA Foundation & Group Head, Corporate Communications, United Bank for Africa, Bola Atta; President Brand Journalist Association, of Nigeria, Mr Princewill Ekwujuru and Chief Press Secretary to the Governor, Lagos State, Mr. Gboyega Akosile during award presentation to UBA for best institution in support of Education(CSR) 2019 and Bola Atta, as the top Corporate Affairs professional 2019 to UBA at the 7th Annual Brands & Marketing Conference 2019 in Lagos, recently

…Bola Atta wins Best Corporate Affairs Professional for 2019

Pan-African financial Institution, United Bank for Africa Plc once again got double recognition over the weekend as it emerged the best institution in support of Education(CSR) 2019 as the Chief Executive Officer, UBA Foundation & Group Head, Corporate Communications, Bola Atta, also received the award as Top Corporate Affairs professional 2019, at the 7th Annual Brands & Marketing  Conference. The event was held at the Lagos Chamber of Commerce Exhibition centre last Friday.

Atta, beat other nominees to the prize as a result of her impressive contributions at the steer of UBA’s corporate Communications with various laudable initiatives that have further increased the banks market share and brand presence ahead of competition.

 The successful organisation of the UBA Market Place,  which took place in Abuja last July; positioning UBA as a foremost pan Africa Bank and the birth of REDTV, the fast-paced digital lifestyle channel were some of her achievements which were read out as she received the award.

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UBA’s CSR arm, the UBA Foundation was crowned best institution in support of Education(CSR) 2019 for its dedication to improving access to education on the continent, particularly through the National Essay Competition where students have received grants from the foundation, for the past 9 years, at tertiary institutions in Africa.

Speaking about the National Essay Competition as she thanked the BJAN for the awards, Atta said “it is always such joy to see winners of this competition each year and to know that with the grants that they receive to go to university, they will be changing their lives, the lives of their families and impacting their communities positively.” Education remains one of the main pillars of the UBA Foundation.

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Since 2012, The Brand Journalist Association Conferences  Awards- have been celebrating outstanding companies who through their immense contributions have become the game changers driving the wheels of growth for brands  and by extension development in Africa.

The President of BJAN, Princewill Ekwujuru, commended UBA Foundation for its strong footprint across Africa.  “Through its Read Africa Initiative and the scholarship grants given to winners of the National Essay Competition, the Foundation has done very well to transform the lives of many’.

He said the awards were borne out of the need to recognise the Game Changers whose relentless contributions have helped give hope to Africa and at the same time, drive sustainable development amid strife.

“For these companies, they understand that agility, innovation, fluidity, decisiveness and commitment accelerate the pace of change, Africa craves for” he stated.

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