Zenith Bank Plc has once again been recognised as the “Most Sustainable Bank, Nigeria” by the prestigious International Banker Magazine, retaining the honour for the second consecutive year. The Bank is a leading financial institution in Nigeria, known for its excellent performance, sustainability initiatives, and commitment to corporate governance. With a track record of innovation and customer-centric solutions, the Bank continues to set benchmarks in the Nigerian banking sector. The 2024 International Banker Banking Awards highlighted Zenith Bank’s exceptional commitment to sustainable banking practices, environmental and social responsibility, and adherence to ESG (Environmental, Social, and Governance) principles. Reacting to the…
Author: Editor Francis
Chairman of the Federal Inland Revenue Service, Zacch Adedeji, in this interview with some select journalists, including Festus Akanbi, reviews the praises being lavished on the agency for growing tax revenue, saying the commendation should be specially reserved for President Bola Tinubu, who has set the right economic parameters in place for the agency to succeed. He also shares insights into the reforms carried out at the agency under his leadership, the new customer-focused approach to tax administration, among others. Excerpts: You are saddled with mobilising domestic revenue to oil the economy’s engine. How did you imagine it would be when…
The National Assembly has announced plans to engage with organised labour in an effort to prevent the industrial action scheduled to begin on Monday. In light of this, it has urged all stakeholders to remain patient and cooperative as it works towards a mutually acceptable resolution for the benefit of the country. The legislative body’s decision to intervene comes after negotiations between the Federal Government and labour unions reached an impasse. The discussions focused on establishing a new national minimum wage and reversing the recent increase in electricity tariffs. A joint statement issued on Sunday by the Senate spokesperson, Senator…
The Joint Admissions and Matriculation Board (JAMB) has rescheduled the 2024 Unified Tertiary Matriculation Examination (UTME) for 24,535 candidates. The decision follows substantial non-compliance with JAMB’s standards in the centres of the affected candidates. In an official statement released on Sunday, JAMB’s spokesperson, Dr. Fabian Benjamin, announced that the candidates will retake the examination on Saturday, June 22, 2024. Dr. Benjamin emphasised that the Board conducted a thorough analysis of the 2024 UTME process and found significant deviations from its standards in certain centres. Affected candidates are advised to print their supplementary Examination Notification Slips from Tuesday, June 4, 2024,…
The Independent National Electoral Commission (INEC) has announced the registration of 20,000 new voters in Ondo State as part of the ongoing Continuous Voters Registration (CVR) ahead of the November governorship election. This surge in voter registration reflects a high level of enthusiasm among young Nigerians, suggesting that voter apathy will not be an issue in the upcoming election. INEC Chairman Yakubu Mamoud made this statement during a visit to Akure on Sunday, June 2. He was in the state for a two-day visit to observe the CVR exercise and evaluate the electoral body’s preparedness for the governorship polls.…
In a firm stance against recent violence in the South-East, President Bola Tinubu has labeled the sit-at-home actions as treasonable. This declaration follows the killing of five soldiers at the Obikabia Junction checkpoint in Obingwa Local Government Area of Abia State, an attack attributed by the Defence Headquarters to members of the Indigenous People of Biafra (IPOB) and the Eastern Security Network (ESN) during a sit-at-home called by IPOB for Biafra Day. President Tinubu has directed security agencies to identify and apprehend those responsible for the killings and the instigators of the sit-at-home orders. He emphasized that the government’s restraint…
The Branch Controller of the West African Examinations Council (WAEC) in Ekiti, Mrs. T.A.Y. Lawson, has assured that the nationwide strike set to commence on Monday will not disrupt the ongoing examinations across the country. In a letter addressed to principals and school proprietors in Ekiti State, titled “Notice of Commencement of Indefinite Strike by NLC and TUC” and bearing reference number EK/BC/SC/EXAM/07/Vol.1/89, Mrs. Lawson emphasised that the conduct of the West African Senior School Certificate Examination (WASSCE) for School Candidates 2024 will proceed as planned. The letter, issued late Friday, stated: “The attention of management has been drawn to…
Prominent activist Aisha Yesufu has sparked debate after a video of her sitting during the recitation of the new National Anthem went viral. The human rights advocate remained seated while others stood for the anthem at a recent event. When questioned by a journalist about her actions, Yesufu expressed her strong stance, stating, “As far as I’m concerned, there’s no such thing as a new and old National Anthem. The only anthem I recognize is ‘Arise, O Compatriots.’” Yesufu criticised politicians for focusing on trivial matters instead of addressing significant issues such as the country’s declining GDP, poor security, and…
Nigeria’s Dangote refinery has made a historic move by exporting its first jet fuel cargo to Europe. This signals a significant milestone in the global energy market and showcasing the rapid operational expansion of the massive facility. According to a Friday report from S&P Global Commodity Insights, BP is currently transporting 45,000 metric tons of jet fuel from Dangote refinery to Rotterdam aboard the Doric Breeze. This is export marks the refinery’s debut in the European market following a substantial 120,000 mt tender. S&P Global Commodity Insights gives complete view of global energy and commodities markets enables our customers to…
The Abuja Electricity Distribution Company (AEDC) announced plans to disconnect customers with outstanding bills by Monday, June 3, 2024. In a press statement released on Friday by Adefisayo Akinsanya, Head of Marketing and Corporate Communications, the company gave affected customers a 72-hour notice to settle their bills to avoid service disruption. The AEDC emphasized the importance of timely payments to maintain efficient and reliable service. Akinsanya highlighted that the continued operation and enhancement of AEDC’s infrastructure, essential for delivering uninterrupted service to the community, depend on the prompt settlement of electricity bills.
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have declared an indefinite strike starting from midnight on Monday, June 2, 2024, following unsuccessful negotiations with the federal government regarding a new minimum wage and the recent increase in electricity tariffs. During the latest negotiation, the government and private sector offered a minimum wage of N60,000, a figure that labour unions have rejected. This offer matched the one proposed during the resumed negotiations on Tuesday. Joe Ajaero and Festus Osifo, Presidents of the NLC and TUC respectively, announced the strike action, urging affiliates, state councils, civil society…
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have declared an indefinite strike set to commence on June 3, 2024. This decision follows the Federal Government’s refusal to increase its N60,000 offer during the recent tripartite committee meeting held in Abuja. The announcement was made during a joint press conference by NLC President Joe Ajaero and TUC President Festus Osifo. Osifo expressed disappointment over the government’s lack of commitment, stating, “At our last meeting on Tuesday, the government proposed N60,000. They invited us for further discussions today (Friday), and we had hoped for a more serious engagement.”…