Ecobank Nigeria Appoints Ichie (Dr) Nnaeto Orazulike as Non-Executive Director

Ecobank Nigeria Appoints Ichie (Dr) Nnaeto Orazulike as Non-Executive Director

The Board of Directors of Ecobank Nigeria Limited has announced the appointment of Ichie (Dr) Nnaeto Orazulike as a Non-Executive Director. Ichie (Dr) Nnaeto Orazulike is a seasoned business magnate, corporate administrator, and philanthropist. He is the Founder and Group Managing Director of Genesis Group – a proudly Nigerian conglomerate with interests in Restaurants, Cinemas, Hotels, Food Production and Oil & Gas Services and Production.

 

According to the Board, the new director has distinguished himself as a leader in his various endeavors, pioneering and promoting professions through the growth of indigenous talents in Nigeria and beyond. He embodies the Pan-African vision of the bank and brings with him the wealth of experience, professionalism, and integrity which has earned him national and international acclaim.

 

Ichie (Dr) Nnaeto Orazulike is a graduate of University of Nigeria, with a Bachelor of Science in Accounting degree and an alumnus of Harvard Business School, Executive Training Program. He was also awarded the prestigious Honorary Doctor of Science degree by University of Port Harcourt in 2015

 

Ichie who had previously served on the Board of Fidelity Bank Plc between 2008 to 2017, is the National Chairman of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture Trade Group on Tourism and Hospitality. He also currently sits on the boards of various companies and organizations including Shelf Drilling Nigeria, West African Metal Processing Co. Ltd., Fate Foundation, and Spiritan University, Nnochi Imo State.

 

Ichie Nnaeto joined the Board of Ecobank Nigeria in April 2022.

Tinubu congratulates Daniel Okoh, new CAN President

Tinubu congratulates Daniel Okoh, new CAN President

All Progressives Congress Presidential Candidate, Asiwaju Bola Ahmed Tinubu, extends his personal congratulations to Rev. Daniel Okoh, on being the newly-elected president of the Christian Association of Nigeria (CAN).

Rev. Okoh was elected on Monday to succeed the highly respected Rev. Samson Olusupo Ayokunle, upon completion of his tenure as head of CAN.

Asíwájú Tinubu noted that the new CAN leader who is the General Superintendent of Christ Holy Church is a worthy successor to Rev. Ayokunle whose tenure as CAN president was one characterized by exceptional commitment, principle and wisdom.

Asiwaju Tinubu said: “I congratulate Rev. Okoh on his election as the new president of CAN. Noting that Rev. Okoh had truly distinguished himself as the deputy to Rev. Ayokunle.:

The APC leader declared that Nigeria can only expect nothing but inspired and enlightened leadership from Rev. Okoh.

“CAN is one of the most important organizations in the nation. Not only does it seek the betterment of the Christian community in Nigeria, its moral force and standing benefit all Nigerians as we seek to establish a just and compassionate society where people of all faiths and beliefs live and work together in peace and harmony.

“As a nation, we are in a critical moment where misguided and terrible actors attempt to destroy social harmony and reign violence on us all. These awful forces seek to stoke religious and ethnic divisions in hope of pitting Nigerian brother against Nigerian brother. Decent and good Nigerians of all faiths must ally again such designs. While we may not agree on everything, all well-meaning Nigerians agree that we must live in peace, must respect and honor our diversity and eschew violence and hatred.

“We are grateful that CAN as an organization embodies these and other principles that reflect the values and virtues of Christ. We are glad that the new President of CAN, Rev. Okoh, is a humane and kind soul who has dedicated his life to the betterment of his fellow man and is a person who will work with leaders of other faiths and beliefs to anneal the bonds of unity, inter-religious understanding and tolerance while advocating for the benefits of democratic good governance for all Nigerians regardless of creed or belief systems.

“As long as we stand forthright and adhere to these tenets, Nigeria will defeat the plans of those who seek to place discord and hatred at our door.
As Rev. Okoh assumes the mantle of leadership, it is my hope and prayer that his tenure brightens every corner of our country and may he be a shining light to all.”

Students from Nasarawa, Ondo and Lagos State to Represent Nigeria at International Spelling-Bee Competition in Dubai

Students from Nasarawa, Ondo and Lagos State to Represent Nigeria at International Spelling Bee Competition in Dubai

Schools from Nasarawa, Ondo and Lagos State recently emerged winners at the recently concluded ninth edition of the International Spelling Bee Nigeria, organised by Peat Philips Foundation, while six students outwitted other finalists at the national final which took place at Marcellina’s place in Ikeja, Lagos.

Agbo Divine Capable of Intimacy with Christ International School, Nasarawa came first in the senior category while Miss David Kate Ene also of Intimacy with Christ International School, Nasarawa and Master Charles David from Greater Tomorrow International School Ondo State came second and third respectively.

The junior category was won by Ojochenemi Solomon Ojotumale of Intimacy with Christ International School, Nasarawa, and Fakande Ifeoluwa David of The Truth Academy Lagos and Odunlami Temiloluwa Janet of Bopton Nry & Pry School, Lagos coming second and third respectively.

Speaking at the national final of this year’s The Spelling Bee Nigeria Competition, the Team Lead at Peat Philips Foundation, organisers of the competition, Mr Akinleye Olu-Philips, said such competitions would build the knowledge of participants, boost their memory and confidence, as well as create healthy competitive spirit.
“Spelling bee involves the use of words and how it is applied in communication”. We believe that when the young ones are taught to develop critical thinking ability at early stage, it will help equip them as great leaders in adulthood. When a word is called out to be spelt, a participant should not assume what it could mean and that is why the participant has the right to ask relevant questions, which are known as the Lifelines. For instance, reign and rain may sound similar, but they are not the same. That is telling the participant not to assume, assumption could be dangerous at times.

“Assumption is one of the factors that is drawing us back in our nation”. The competition is also to help participants develop critical thinking skills. Today ’s world requires people who can think out of the box. Critical thinkers are needed for the growth of our society,” he said.

The Team Lead at Peat Philips Foundation, Mr. Akinleye Olu-Phillips, said spelling enhances education by improving students’ critical reasoning skills and helps Learners develop poise and composure.

“It also encourages reading because if you are a reader, you will be a great speller, and you will have depth and can contribute meaningfully to the development of any nation you find yourself in,” stated Olu-Phillips.

He said the foundation runs two literacy programmes, with international affiliations, The spelling bee and The young orators, which are focused on leadership and communications, believed to be one of the country’s major challenges.
While congratulating the winners, he advised them not to rest on their oars but to study hard and prepare for the intercontinental stage in the first week of October, 2022.

The event this year was sponsored by Learn Africa Plc formerly known as Longman Publishers with support from Indomie Noodles and Rite Foods Plc.

In his speech, the Managing Director, Learn Africa Plc, Alhaji Hassan Bala said Spelling Bee Competition would improve students Spelling and vocabulary and boost their confidence. He said Learn Africa dictionaries comprising Learn Africa Student’s English Dictionary for intermediate students and Learn Africa English Dictionary for Advanced Learners are the official dictionaries of the International Spelling Bee and The Young Orators competitions in Nigeria.

Redefining supply chain in Nigeria’s retail market space

Redefining Supply Chain in Nigeria’s retail market space

There is hardly a neighbourhood in the country where a retailer is not found and a vacuum automatically gets created in the absence of a formal retail store on any street.

The retail business is growing with the redefinition of how supply meets demand. Most recently, retailers need not worry on how to restock their stores with groceries as technology is being deployed by fast rising business to business (B2B) firms.

This evolution is bringing more fulfilment to retailers, wholesalers, manufacturers and these tech firms that play the middleman role with their services readily accessible online and offline.

A micro business owner, Aliyu Bala Idala in Kano is happy that Alerzo, a B2B e-commerce firm goes the extra mile by offering free delivery of goods he orders.

He shared:”I do buying and selling in Kachachi market, a local government in Kano. I sell provisions and food items at wholesale prices. I have been running this business for the past 10 years. We give glory to God that I have been doing business with Alerzo for the past two years and I am happy doing business with them.

“In the past, we usually wouldn’t get goods delivered to us. We would go round the markets buying from one shop to the other. But now we don’t go through the stress of going to the markets; we order what we want and they deliver to us at our shop. This is a big achievement for Alerzo.”

Not only that he and other traders get his goods delivered at the right time for free by Alerzo, he added that Alerzo empowered them with PoS machines, “We enjoy making use of the PoS. It helps in our daily dealings with customers.

Bayelsa Govt. seeks Heritage Bank support on Youth Development in sport

Bayelsa Govt. seeks Heritage Bank support on Youth Development in sport

Daniel Igali; Commissioner for Youths and Sports, Bayelsa State; Osepiribo Ben-Willie, Directorate Head, South-South, South-East & Private Wealth Management; Senator Lawrence Ewhrudjakpo, Deputy Governor; Jude Monye, Executive Director, Heritage Bank and Hon. Tare Porri, Chairman House Committee on Sports – Bayelsa state house of assembly during a courtesy call by the officials of Bayelsa State Government on the Management of the Bank, at Heritage’s Head Office in Lagos recently

The Bayelsa State Government has indicated interest in partnering Heritage Bank Plc on youth empowerment and sport development.

The Deputy Governor, Senator Lawrence Ewhrudjakpo disclosed the interest of the State Government during a courtesy call with the Commissioner for Youths and Sports, Daniel Igali and others on the Management of the Bank, at Heritage’s Head Office in Lagos recently.

Ewhrudjakpo expressed the State Government’s readiness to collaborate with Heritage Bank to empower youths and develop sports at all levels with the intent to put measures in place to play-up their socio-economic wellbeing and for the identification and development of budding talents.

He also commended Heritage Bank for its pivotal role in enhancing youth development and supporting the entrepreneurial spirit for economic growth.

“We believe with that, there is going to be first, removing our youths from drugs dependency and we are also using them to win.

We really want to see how Heritage Bank can partner with us or support of which we have adequate publicity,” he stated.

Meanwhile, Ewhrudjakpo affirmed that Governor Douye Diri-led administration would do everything within its reach to foster a mutually beneficial partnership.

Whilst responding, the Executive Director of the Bank, Jude Monye who welcomed the delegates assured the Deputy Governor of Heritage’s readiness to support the Bayelsa Government on youth empowerment and sport development.

He noted that with the bank’s feats toward empowering young Nigerians and sport development showed the bank has strong desire towards developing and positioning youths to become world-class citizens equipped and ready to be absorbed into an increasing competitive professional skills and endeavours.

Monye further disclosed that Heritage Bank have been at the forefront of supporting good courses involving youth and sport, whilst reiterating the bank’s MD/CEO, Ifie Sekibo’s readiness to partner with Bayelsa State Government.

“On behalf of the CEO and the Board, I want to say, we will support the course of Bayelsa State as far as sports in concerned. Whether it is wrestling, athletic, football, soccer, we will be part of it,” he assured.

Adding, the ED said, “We have always supported good courses; we are a small bank and relatively new. We will support the Bayelsa State Government because we want to see the youth brought out of drug peddling and drug consumption to where their life can be useful.”

He recalled that when it concerns youth empowerment and sport development, the Bank had carved a niche in collaborating with public and private organisations, especial state governments such as Lagos, Rivers State, Ibadan amongst others to build a culture of sports together with the formal education and entrepreneurship in a bid to secure the future of the teaming population.

“As a bank, we have done something in sports known as schoolympics which was organised by the bank, partnered with the 3rd Edition of the annual Lagos Value Jet Para Table Tennis championship, Ibadan Golf Club’s 30th anniversary, 14th edition of the West African Universities Game (WAUG), partnered with Lagos State Government to back the 3rd Edition of the annual Lagos Value Jet Para Table Tennis championship, 2014 Port Harcourt Amateur Open Golf Championship, IBB Golf Tournament in Abuja to list but few,” he hinted.

According to him, “Heritage Bank believes in development. We have the tenacity to develop, and sport is a way of developing Nigerians both young and old to help foster their physical, social, and emotional wellbeing. It is a well-known fact that physical education and sports help in character and community building, delinquency reduction, community safety, economic and social development.”

Monye further noted that the drive to continue in the support of youths was to create, preserve and transfer wealth across generations.

He explained that the entrepreneur schemes of the bank in the support for business especially among the youths have always focused on dependable job-creating sectors, such as agricultural value chain (fish farming, poultry, snail farming), cottage industry, mining and solid minerals, creative industry (tourism, arts, and crafts), and Information and Communications Technology (ICT).

Ecobank Nigeria Extends Remittance Services To Business Accounts Holders

Ecobank Nigeria Extends Remittance Services To Business Accounts Holders

Ecobank Nigeria has extended its innovative remittance services to its business account holders. This implies that Business Account holders can now receive funds sent through Ecobank Rapidtransfer or any of its Remittance franchise partners through the Business to Business (B2B), Business to Customer (B2C) and Customers to Business (C2B) transaction types directly into their business accounts. The bank is also working to enlist other International Money Transfer Operators (IMTOs) for a more robust remittance offering.

Disclosing this in Lagos, Head of Consumer Banking Korede Demola – Adeniyi, said the launch of the service affords business owners in Nigeria to receive monies sent by both individuals and corporate organizations anywhere in the world instantly to their Ecobank domiciliary accounts, stating that the bank has put in place seamless account opening procedures for those who do not have domiciliary accounts for them to enjoy the service. She maintained that the development is in line with the bank’s strategy to provide accessible remittance services to Nigerians, listing the various channels which these remittances can be accessed as Rapidtransfer app, Ecobank Mobile App, Ecobank Online, and any of the bank branches.

“For us as a bank, we are excited about these and other future collaborations as our contributions to drive remittance inflows into the country, promotes trade and foreign direct investments, create businesses, spur entrepreneurship, and generally develop the Nigerian economy. Some of the benefits for business account holders includes no limits to how much they can receive, no hidden charges and there is also the opportunity to invest the funds received in foreign currency at a competitive rate.” “The Rapidtransfer is our proprietary product. It is licensed by the nation’s apex bank; Central Bank of Nigeria (CBN) as an international money transfer product and it is also licensed in Europe. Diaspora remittances can be sent from anywhere in the world using the Rapidtransfer app – available for download in the Google play and iOS stores.”

ZENITH BANK RANKED NUMBER ONE TIER-1 BANK IN NIGERIA FOR THE THIRTEENTH YEAR IN A ROW IN THE 2022 TOP 1000 WORLD BANKS RANKING

ZENITH BANK RANKED NUMBER ONE TIER-1 BANK IN NIGERIA FOR THE THIRTEENTH YEAR IN A ROW IN THE 2022 TOP 1000 WORLD BANKS RANKING

Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking published by The Banker Magazine. For the thirteenth consecutive year, the Bank retained its position as the number one Tier-1 bank in Nigeria with a Tier-1 Capital of $2.75 billion, emerging as the 460th Bank globally.

The ranking, which was published in the July 2022 edition of The Banker Magazine of the Financial Times Group, United Kingdom, was based on the 2021 year-end Tier-1 capital of banks globally. Zenith Bank’s financial performance for the year was underpinned by double-digit growth of 10% in gross earnings, with an improved market share in both retail and corporate sectors despite a very challenging macroeconomic environment aggravated by the COVID-19 pandemic.

Commenting on the 2022 Top 1000 World Banks Ranking, the Group Managing Director/CEO of Zenith Bank Plc, Mr. Ebenezer Onyeagwu, said: “This ranking is a testament to our resilience and doggedness as an institution despite economic headwinds and a persistent challenging macroeconomic environment. Indeed, being ranked as the Number One Bank in Nigeria by Tier-1 Capital for the thirteenth year in a row underscores our commitment to sustaining the superior performance we are renowned for and creating value for our highly esteemed customers.” He expressed his appreciation to the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CON, for his guidance and for laying the foundation and building the structures of an enduring and very successful institution; the Board for the outstanding leadership they provide; the staff, whose drive and commitment sustains the exceptional performance; and the Bank’s customers for their unflinching loyalty to the Zenith brand.

Tier 1 Capital describes capital adequacy, which is the core measure of a bank’s financial strength from a regulator’s point of view. According to the ranking, Tier 1 Capital, as defined by the latest Bank for International Settlements (BIS) guidelines, includes loss-absorbing capital, i.e. common stock, disclosed reserves, retained earnings and minority interests in the equity of subsidiaries that are less than wholly owned.

Zenith Bank’s track record of excellent performance has continued to earn the brand numerous awards, with this latest accolade coming on the heels of several recognitions, including being recognised as the Best Bank in Nigeria for three consecutive years from 2020 to 2022, in the Global Finance World’s Best Banks Awards; Best Commercial Bank, Nigeria 2021 and 2022 in the World Finance Banking Awards; Best Corporate Governance Bank, Nigeria in the World Finance Corporate Governance Awards 2022; Best in Corporate Governance ‘Financial Services’ Africa, for three consecutive years from 2020 to 2022, by the Ethical Boardroom; Best Commercial Bank, Nigeria and Best Innovation In Retail Banking, Nigeria in the International Banker 2022 Banking Awards; and Bank of the Year (Nigeria) in The Banker’s Bank of the Year Awards 2020. Also, the Bank emerged as the Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands 2020 and 2021, and the Retail Bank of the year at the BusinessDay Banks and Other Financial Institutions (BOFI) Awards 2020 and 2021.

Similarly, Zenith Bank was honoured as Bank of the Decade (People’s Choice) at the ThisDay Awards 2020 and emerged winner in four categories at the Sustainability, Enterprise, and Responsibility (SERAS) Awards 2021, carting home the awards for “Best Company in Reporting and Transparency”, “Best Company in Infrastructure Development”, “Best Company in Gender Equality and Women Empowerment”, and the coveted “Most Responsible Organisation in Africa.

Singer Hice King Drops ‘Child of Nobody’

Singer Hice King Drops ‘Child of Nobody’

Sensational singer and songwriter Hice King is gradually putting his feet down in the Nigerian music industry, born Okon Samuel Monday, in Uyo LGA of Akwa-Ibom State, he sojourn to Lagos began when he lost his late grandparents who trained him since he was a baby in a little farming village in Cross-Rivers State.

According to the budding music star his relocation to Lagos was not as smooth as he had expected, in his words “When I moved to Lagos I was only able to work for 7 months and since then it has been very difficult to get another job, it was very tough as accommodation and feeding were just by the grace of God.

“I was sleeping from one church member’s house to another and whenever that is not possible I will sleep either in an uncompleted building or under bridge, friends and families could not help as it was generally tough, it got to an extent that I begin to lose hope in myself. It was all that I am facing that gave me the inspiration behind the song ‘Child of Nobody’ which is to explain the kind of hardship I had faced and ones that I am still facing”. He explained.

The new song is an easy sing along song which talks about the hardship on day to of every young men aspiring to make ends meet, it is full of positive talks and thought. it is currently available on all music streaming sites and app and the last check shows that the stream for it is gradually climbing up.

NON-OIL EXPORTS KEY TO NIGERIA’S ECONOMIC REJUVENATION, SAY STAKEHOLDERS AT ZENITH BANK INTERNATIONAL TRADE SEMINAR  

NON-OIL EXPORTS KEY TO NIGERIA’S ECONOMIC REJUVENATION, SAY STAKEHOLDERS AT ZENITH BANK INTERNATIONAL TRADE SEMINAR

R – L : Group Managing Director/CEO, Zenith Bank Plc, Mr. Ebenezer Onyeagwu; Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele; President & Chief Executive of Dangote Group, Alhaji Aliko Dangote; Founder and Chairman of Zenith Bank, Mr. Jim Ovia; former Chief Executive/Executive Director of the Nigerian Export Promotion Council (NEPC), Mr. Olusegun Awolowo; and Managing Director/CEO, Bank of Industry, Mr. Olukayode Pitan at the 2022 Zenith Bank International Trade Seminar held at the Civic Centre Lagos, yesterday.

Stakeholders unanimously called for support of Nigeria’s Non-Oil Export Sector at the 7th Annual Edition of the Zenith Bank International Trade Seminar themed “Unlocking Opportunities in Nigeria’s Non-Oil Export Business”, which was held on Wednesday, July 20, 2022, at the Civic Centre, Victoria Island, Lagos and virtually.

In his Goodwill Message Presentation, the Founder and Chairman of Zenith Bank Plc, Mr. Jim Ovia, CON, called for a concerted effort towards diversifying Nigeria’s export base through the promotion of non-oil exports. Highlighting the importance of non-oil export to the nation’s economy, Ovia pointed out that Nigeria exported cocoa and several other non-oil products for years before oil was discovered. He cited the example of the 25-storey Cocoa House in Ibadan, which was built with proceeds from cocoa exports. He pointed out that many countries in the world, such as Japan and China been successful because they are doing a great deal of innovation, production and manufacturing of goods and services. According to him, we should also look at promoting the nation’s non-oil export sector through technology to create technological giants like Apple, Tesla, and Google. And we already have technology companies in this mould in Nigeria, such as Flutterwave, which has a valuation of $3 billion, making it more valuable than some banks in Nigeria. Speaking further on the enormous potential in Nigeria’s non-oil sector, Ovia highlighted the phenomenal growth of Nigeria’s emerging financial technology (Fintech) companies such as Flutherwave, OPay, Interswitch, Kuda and Paystack, with market valuations of $3 billion, $2 billion, $1 billion, $500 million, $200 million, respectively. According to him, this underscores the enormous opportunity in the Fintech space. He also noted that the most capitalized companies in the world, such as Apple, Microsoft,  Alphabet (Google), Amazon, Tesla, Visa, etc., are not oil companies but are in the technological innovation space.

In his welcome address, the Group Managing Director/CEO of Zenith Bank, Mr. Ebenezer Onyeagwu, said that the annual Zenith Bank Trade Seminar has served as a veritable platform to deepen the conversation on promoting non-oil export in Nigeria, bringing together non-oil export practitioners and relevant government agencies to interact and explore the opportunities and proffer solutions to the challenges of non-oil export in the country. Speaking on the origin of the Zenith Bank Annual International Trade Seminar, Onyeagwu said that the commodity price slump of 2014-2016 was a watershed moment. According to him, “when crude oil prices plummeted from $114.55 per barrel in June 2014 to $28.76 in January 2016, with an attendant effect on the availability of foreign exchange, it was time to look towards the non-oil export sector for a more sustainable source of foreign exchange that is not susceptible to external shocks and price volatility.

Highlighting some of the salient outcomes of the past six Zenith Bank Annual International Trade Seminar editions, Onyeagwu noted that previous editions’ outcomes have found expression and influenced policy initiatives. For instance, the extension of the period of repatriation of Non-Oil Export proceeds from 90 days to 180 days and the policy mandating shippers not to carry export without a Nigeria Export Proceeds (NXP) Form Number were recommendations from previous seminars. Also, the need to incentivize exporters to repatriate their export proceeds through the official channels and the recommendation to create export terminals across various export hubs in the country were also from past seminars. Also, previous editions recommended having Export Desks in commercial banks, which has now been instituted. He also stated that Zenith Bank has trained over 100 exporters through its Zero to Hero programmes which provide a platform for grooming and exposing beginners to become strong exporters by providing training on documentation, product sourcing, access to market and financing. He noted that Zenith Bank will continue the advocacy of promoting non-oil export.

Delivering his goodwill message, the Central Bank of Nigeria Governor, Mr. Godwin Emefiele, CON, commended Zenith Bank and its leadership led by the Founder and Chairman of the Board, Jim Ovia, for its laudable initiative in organizing an annual export seminar to explore opportunities in Nigeria’s non-oil export with a view to increasing the nation’s non-oil export base and ultimately increasing its share as a percentage of total export. In his words: “This is why the theme of this year’s seminar “Unlocking Opportunities in Nigeria’s Non-Oil Export Business” is timely and appropriate. This is because the global economy and structure are changing rapidly before our eyes. The previous world economic order underpinned by globalization and seamless trade possibilities seems to be suffering major disruptions lately. We believe Nigeria has a lot of potentials, and we can harness this for the good of our people and country.” He pointed out that the CBN has undertaken several initiatives to promote the non-oil export sector because of its firm belief that the non-oil export sector holds enormous potential to contribute to employment generation, wealth creation and economic growth of the country.

In his keynote address, the President & Chief Executive of Dangote Group, Alhaji Aliko Dangote, GCON, said that “Nigeria’s non-oil export is quite low compared to other African top oil producers. This exposes the economy to oil price/production risks. There is much room for growth, and the CBN is helping drive this through the RT200 programme”. According to him, the CBN RT200 FX programme, which aims to achieve $200 billion in foreign exchange earnings from non-oil proceeds over the next 3-5 years, has very laudable objectives, including enhancing foreign exchange inflow, diversifying the source of FX inflow, increasing the level of contribution from non-oil export, and ensuring stability and sustainability of FX flows.

In his Goodwill Message, His Excellency, Wamkele Mene, Secretary General, African Continental Free Trade Area (AfCFTA) Secretariat, enumerated the progress and achievements of the African Continental Free Trade Area and the efforts to improve intra-Africa trade. Also, in his Goodwill Message, Professor Benedict Oramah, President / Chairman of African Export-Import Bank (Afreximbank), highlighted the efforts of Afreximbank to enhance intra-Africa trade through the implementation of the Pan-African Payment and Settlement System (PAPSS). According to him, the Pan-African Payment and Settlement System will make it easy and seamless for Africans to trade amongst themselves and receive payment for goods and services in their local currencies, eliminating currency conversion challenges.

Zenith Bank remains committed to promoting the non-oil export sector in Nigeria by identifying emerging opportunities which help stimulate non-oil exports and develop robust financial products and incentives for operators in the sector. The bank launched the Non-Oil Export Seminar in 2017 as an initiative to deepen the discourse on promoting the non-oil export business in Nigeria.

 

Nigeria Needs Competent Hand and not Religion Inclined Leader – Prophet Israel of Genesis Global

Nigeria Needs Competent Hand and not Religion Inclined Leader – Prophet Israel of Genesis Global

… Lambast Christians Leaders Who are Causing Religious Divide in the Country

“According to the Bible, when God created Adam he did not create him a Christian or Muslim he only created him a man. Since both the Christian and Muslim believe in the Adamic creation it is surprising how those who are supposed to be unifying us through the teachings of the Bible are now trying to separate us hiding under Christianity” This are the words of Prophet Israel Oladele of the Genesis Global Church recently in Lagos.

The renowned prophet in a statement made known by his media aide Oluwaseun Fabiyi, expressed his shock at how some Pastors people are looking up to has thrown the teachings of the Bible to the trash for the teaching of self-interest, and are in the process causing disunity amongst the same people God wants them to unite.

Not taking away the fact that Pastors are also human but Prophet Genesis as he is fondly called is of the belief that the public utterances of most of this supposed spiritual head reeks more of carnality than spirituality it was supposed to be. He was of the belief that reasoning of people in such a position should not only be spiritual but also intellectually sound.

He cited the fact that rather than make religious pronouncements on issues that can further disintegrate the country the candidates should be asked how the interest and conditions of living of the people will be protected and bettered.

In reference to the unveiling event that took place in Abuja on Wednesday, Genesis questioned the decision of the supposed spiritual leaders, CAN leadership and others, why they did not use the event to ask salient questions of the APC candidates as regards to the position of the Christians.

Against the believe that any Christian that supports Tinubu has been paid, Prophet Israel Genesis states “I can say this on the podium anywhere, and I have said it severally in the past and I will never desist but rather continue saying it, No Politicians or Nigerian leaders has ever gave me money to voice out, likewise I’m not advocating for Celestial body neither CAN but rather agitating/advocating for the Nigerian Youths because I’m a Nigerian and a vibrant youth prophet of God and I am entitled to my opinion. I’m not bothered if anybody decides to take this piece personal or read it out of context as the fact remains; truth is always bitter.”

The prophet stated further that he’s not afraid of letting people know of his Muslim background which he would never kick against as we are all same Nigerians and God’s hand made.

The World Famous Prophet, Israel Genesis Global also made it known to his media aide that he would rather die in Speaking the truth always than to live in telling lies as he promised never to relent in preaching the truth to the whole world.

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