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ZENITH BANK USHERS IN THE SPIRIT OF CHRISTMAS WITH AJOSE ADEOGUN STREET LIGHT-UP

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In a splendid display, Zenith Bank heralded the Christmas and Yuletide seasons with the Light-Up of Ajose Adeogun Street and Roundabout, Victoria Island, Lagos, on Saturday, 25 November 2023. The Light-Up ceremony was performed by the Group Managing Director/CEO of Zenith Bank Plc, Dr. Ebenezer Onyeagwu.

This year’s Light Up Ceremony, the 17th of its kind, is a Corporate Social Responsibility initiative by Zenith Bank. The Christmas decoration is a Corporate Social Responsibility (CSR) initiative of the bank to herald the Yuletide season through the beautification and transformation of the entire stretch of Ajose AdeogunStreet (home to Zenith Bank’s Corporate Headquarters) and Roundabout into a resplendent spectacle – which has come to be recognised as an iconic tourist attraction, attracting people from all walks of life who visit with their families and friends to take pictures and make videos of the beautiful spectacle, especially at night and enjoy the ambience of the street and season.

Speaking during the ceremony, Dr. Onyeagwuexpressed his delight in heralding the 2023 Yuletideseason by lighting up the iconic Ajose Adeogun Streetand Roundabout. He urged everyone to imbibe the message and spirit of Christmas, which is about peace, love, forgiveness and respect for humanity and prayed for peace in every home, business and country. In his words, “Today, as we turn on the Christmas light with the wife of our Founder and Chairman, Mrs. Kay Ovia, in our midst, we hope with this, we activate the spirit of Christmas in the minds of everyone. We pray that the ambience of the light brings warmth, love, joy, fulfilment, and hope to every one of us. We pray that our country will experience peace. We pray that our joy will be full in this season of joy. So, in the spirit of the Yuletide season, Zenith Bank is also demonstrating that we want to use this to continue communicating and connecting with the community.”

He lauded the efforts of Quantum Markets, who have been responsible for the annual decorations, for their outstandingly creative and beautiful work. According to him, “It is an amazing evening! First and foremost,we need to thank Quantum Markets for the incredible work they are doing. You know, every year, the theme, the style and the ambience look completely different,and today, in a few minutes, we are going to be turning on the light, and you are going to see that it is nothing compared to what you have seen anywhere in the world. I have had the privilege of seeing Christmas light in so many cities across the world, and I say without any sense of contradiction that none compares with what we have in Lagos, Nigeria.”

The bank’s sustainability and CSR initiatives are hinged on the belief that today’s business performance is not all about the financial numbers – the bank believes that an institution’s social investments, contributions to inclusive economic growth and development as well as improvements in the condition of the physical environment, all constitute a balanced scorecard.

Through its CSR initiatives, Zenith Bank has embodied the overarching objective of the 17 Sustainable Development Goals (SDGs), which provide a framework for addressing the major challenges confronting society. Its social investments are targeted at health, education, women and youth empowerment, sports development and public infrastructure enhancement. Overall, Zenith Bank’s total CSR investment in 2022 was NGN1.67 billion, representing 0.75% of its Profit After Tax (PAT).

The bank remains committed to furthering the economic, cultural and social development of host communities, particularly through community-based initiatives and philanthropy. As a good corporate citizen, it continues to deliver projects that have long-term social and economic benefits for the communities because it believes that its business is only as strong as its host communities.

To demonstrate its commitment to creating and expanding opportunities, the bank regularly makes donations towards setting up ultramodern ICT centresin several educational institutions and cities across the country. It also supports various developmental projects and healthcare delivery causes in Nigeria and contributes to the development of sports in Nigeria through its sponsorship of the Zenith Women Basketball League, Zenith Bank Delta State Principals’ Cup, and Zenith Bank Delta State Headmasters Cup, amongst others.

In recognition of its contributions and social investments to its host communities and the society at large, the bank was recognised as the “Most Sustainable Bank, Nigeria” in the International Banker 2023 Banking Awards and “Most Responsible Organization in Africa” at the Sustainability, Enterprise, and Responsibility (SERAS) Awards 2021.

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Rivers Crisis: Hon. Enemi George Blows Hot, Calls Governor Fubara a Small Man

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Hon. Enemi Alabo George, a member of the Rivers State House of Assembly, did not mince his words when he called out Governor Sim Fubara for his reckless and violent actions. He boldly stated, “I dare you today, Sim Fubara.

 

”You may have had the guts to break the gates of the Rivers State House of Assembly quarters and force your way in, but let me tell you, you are nothing but a small man. Your threats and harassment, shooting and inducing fear into the wives and children of Assembly members are nothing but cowardly acts.”

George went on to remind Fubara of his past misdeeds, saying, “You burnt the hallowed chambers of the House of Assembly, attacked the residence of the Speaker of the Rivers State House of Assembly, and even demolished the Rivers State House of Assembly Complex. Despite all this, we did not answer you, we thought it was just the madness of a minute. But know this, you can never break me.”

He further emphasized, “I have respected our friendship for a long time, but now, I refuse to hold back any longer. You know where I live, you know my apartment, why didn’t you come? I worked hard for you to become Governor, I even mobilized professionals from all works and corners of life to support you. But now, I will never bow to baal. You are nothing but a small man, and I will not be intimidated by you.”

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NDLEA Act: Senate Passes Bill to enforce Death Punishment for Drug Peddlers

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The Nigerian Senate has taken a significant step towards ensuring a safer and healthier society by passing a bill to amend the National Drug Law Enforcement Agency NDLEA Act. The amendment includes the imposition of capital punishment by death for those involved in drug-related crimes in Nigeria. The aim of this move is to create a drug-free environment in Nigeria and to address the issue of drug peddling among the country’s youth, which has become a major concern.

The Senate believes that this amendment will provide the necessary legal backing for NDLEA to carry out its duties effectively and also enable the prosecution of those found guilty of drug-related offences. This will go a long way in curbing the drug trafficking menace that has been a source of worry to the government and citizens alike.

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BREAKING: Reps Tells CBN to Suspend Cybercrime Levy Collection

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On Thursday, May 9th, the House of Representatives made a commendable move by ordering the Central Bank of Nigeria (CBN) to suspend the enforcement of the cybercrime levy introduced by the apex bank. This decision was made to ensure that the principles outlined in section 44(2a) of the Cybercrime Act are adhered to, and that Nigerians are not confused or misled in any way by the circular issued by the CBN.

The House of Representatives expressed their concern about the potential misunderstanding that could arise from the circular issued by the CBN, and urged the bank to retract the previous circular promptly and release a new one that aligns with the provisions of the Act.

This action was taken in response to a pressing issue raised by Minority Leader Kingsley Chinda (PDP, Rivers) on behalf of all members. The House’s decision shows their commitment to promoting fairness, transparency, and accountability in Nigeria’s financial sector.

 

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