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Zenith Bank Wins Best Bank in Nigeria Award Fourth Time

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Zenith Bank Plc has once again secured the title of Best Bank in Nigeria, marking its fourth consecutive win in the Global Finance Best Banks Awards 2024. This accolade underscores the bank’s consistent excellence in the Nigerian banking landscape, with previous victories dating back to 2019. The recognition comes amidst stiff competition, with banks from 36 countries in Africa vying for distinction in Global Finance’s 31st Annual Best Bank Awards.

The selection process for the awards involved rigorous evaluation by Global Finance’s editors, who consulted extensively with corporate financial executives, banking experts, and analysts worldwide. Criteria for determining the top banks encompassed various factors, including asset growth, profitability, geographical reach, strategic partnerships, innovation in products and services, and feedback from industry professionals. Dr. Ebenezer Onyeagwu, the Group Managing Director/Chief Executive of Zenith Bank, expressed gratitude for the recognition, attributing it to the bank’s resilience and commitment to delivering exceptional value to stakeholders.

Onyeagwu also commended the visionary leadership of Zenith Bank’s founder and Chairman, Jim Ovia, for laying the foundation of a robust financial institution. He praised the board, staff, and loyal customers for their collective contributions to the bank’s success. With the impending leadership transition, marked by the appointment of Adaora Umeoji as Onyeagwu’s successor, Zenith Bank remains poised to uphold its legacy of excellence and innovation in the Nigerian banking sector.

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Abuja Reports

NAPPS Ends 2024 in Grand Style, Praises School Owners’ Resilience

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By Our Correspondent 

The National Association of Proprietors of Private Schools (NAPPS), FCT Chapter, marked the end of 2024 with a grand celebration, reflecting on a year of challenges and triumphs.

The event, held at Glisten International Academy, Jahi – Abuja, brought together school owners, stakeholders, and supporters for a moment of relaxation, gratitude, and unity.
Speaking at the gathering, the FCT NAPPS Chairperson, Chief Mrs Rukayat Ruth Agboola acknowledged 2024 as one of the most turbulent years for private schools, citing financial burdens from accumulated debts, contentious levies, and operational pressures.
Despite these obstacles, she praised school proprietors for their resilience and dedication.
“This year tested our limits, but we stood strong together. With God’s grace and our collective efforts, we navigated the storm,” she stated.
The event featured support from area council chairmen and generous donors, whose contributions ensured the success of the celebration.
The President also commended Glisten International Academy, Jahi, for hosting the event at a reduced cost, emphasizing that the gathering symbolized hope and renewed strength for the education sector.
As attendees enjoyed the festivities, the President encouraged continued collaboration to overcome future challenges, declaring, “This celebration is a testament to our resilience and commitment to building a better future for education in Nigeria.”

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Defence and Security

CDS Advocates Developmental Journalism for National Security

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By Njoku Chijioke

The Chief of Defence Staff, General Christopher Musa, has called on Nigerian journalists to embrace developmental journalism, urging them to tell evidence-based stories that positively portray the country and foster global confidence in Nigeria’s security efforts.
Speaking at a one-day roundtable organized by the Defence Correspondents Association of Nigeria (DECAN), in Abuja on Thursday, General Musa emphasized the role of the media in advancing national security and cohesion.
“Developmental journalism promotes public awareness, informs policy decisions, and holds stakeholders accountable while fostering national stability,” he said.
He urged journalists to collaborate with security agencies to amplify Nigeria’s sovereignty and safeguard its interests globally.
Coordinator of the National Counter-Terrorism Centre, Major-General A.G. Laka, pledged the centre’s support for media initiatives aimed at countering terrorist propaganda and enhancing public understanding of security challenges.
In a keynote paper, Major-General Chris Olukolade (Rtd) highlighted the practices of Western journalists in handling sensitive security information.
“Journalists should focus on the human impact of security issues and prioritize national interest while maintaining professionalism,” he advised.
The event underscored the media’s critical role in shaping narratives that support Nigeria’s fight against insecurity and foster unity.

 

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FG Launches Job Initiative for 93,731 Nigerians, Prioritizes Digital Skills Training

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By Jesusemen Oratokhai 

 

The Federal Government has unveiled the Renewed Hope Employment Initiative (RHEI), targeting 93,731 job opportunities across Nigeria, with a strong focus on digital skills.

Flagged off by the Minister of Labour and Employment, Muhammad Dingyadi, at the National Directorate of Employment (NDE), Skills Acquisition Centre in Bwari, Abuja, the initiative aims to empower at least 10 individuals from each of the country’s 8,809 electoral wards.

Minister Dingyadi, represented by Mr. John Nyamale, emphasized the government’s commitment to addressing unemployment through sound policies and skill development.

“This initiative aligns with our goal to tackle economic challenges by creating jobs through skill acquisition across various sectors,” he stated, urging beneficiaries to maximize the opportunity.

Of the 93,731 beneficiaries, 40,000 will receive training in ICT and digital skills, a strategic move to equip Nigerians with 21st-century competencies. Additionally, 3,000 slots have been allocated for persons with special needs, according to NDE Director-General Silas Agara.

“This program is designed to produce globally competitive youths and address poverty through entrepreneurship by providing tools, equipment, and startup capital,” Agara explained.

The Minister of Humanitarian Affairs, Prof. Nentawe Yilwatda, noted that the initiative aligns with efforts to lift 10 million Nigerians out of poverty.

“If fully implemented, this program will significantly reduce poverty levels nationwide,” he remarked.

The RHEI represents a bold step toward equipping Nigeria’s workforce with both traditional and emerging skills critical for economic growth.

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