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‘Four In Four’ For Zenith Bank As It Retains Title As ‘Best Corporate Governance Financial Services’ In Africa

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For the fourth consecutive year, Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2023 by the Ethical Boardroom.

The award, which was published in the Spring 2023 edition of The Ethical Boardroom magazine, is in recognition of the bank’s adherence to global best practices and institutionalization of corporate governance, setting an industry-wide example of best practices in that field.

Speaking on the recognition, the Group Managing Director/Chief Executive of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, said: “I am extremely pleased that Zenith Bank has been awarded the Ethical Boardroom Corporate Governance Award as a regional governance champion for the fourth year running.

No doubt, the bank’s board has pioneered the exemplary governance culture for which we are now renowned. Indeed, this recognition reflects our steadfast commitment, discipline and high ethos in the conduct of our business and dedication to the principles of good corporate governance.

This award will motivate us to strengthen this culture internally and advocate for good governance at every forum”.

He dedicated the award to the Founder and Group Chairman, Jim Ovia, CFR, for providing the template for an enduring and very successful institution; the Board for their vision and outstanding leadership; the staff for their dedication and commitment; and the bank’s customers for their unwavering loyalty to the brand.

Ethical Boardroom is a trailblazing and leading international magazine that delivers in-depth coverage and critically-astute analysis of global corporate governance issues to help boards stay ahead of the governance curve.

Zenith Bank has been generally adjudged a Corporate Governance compliant bank by the Nigerian Exchange (NGX) hence its listing on the Premium Board of the Exchange.

The bank continues to sustain this reputation and reappraise its processes to ensure that its business conforms to the highest global standards at all times.

The bank’s track record of excellent performances has continued to earn it numerous awards including being recognised as the Number One Bank in Nigeria by Tier-1 Capital, for the 13th consecutive year, in the 2022 Top 1000 World Banks Ranking published by The Banker Magazine; Bank of the Year (Nigeria) in The Banker’s Bank of the Year Awards 2020 and 2022; 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 Commercial Bank, Nigeria and Best Innovation In Retail Banking, Nigeria in the International Banker 2022 Banking Awards.

Also, the bank emerged as the Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands 2020 and 2021, and Retail Bank of the year, for three consecutive years from 2020 to 2022, at the BusinessDay Banks and Other Financial Institutions (BAFI) Awards. Similarly, Zenith Bank was named as Bank of the Decade (People’s Choice) at the ThisDay Awards 2020, Bank of the Year 2021 by Champion Newspaper, Bank of the Year 2022 by New Telegraph Newspaper, and Most Responsible Organisation in Africa 2021 by SERAS Awards.

Business

31m users exposed as Wayback Machine suffers data breach

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The details of 31 million users have been exposed after Internet Archive’s Wayback Machine suffered a hack.

Internet Archive is a non-profit digital library that offers millions of free books, movies, audio files, and billions of saved web pages in the Wayback Machine that would have been lost or deleted.

An illicit pop-up on the Internet Archive on Wednesday announced that the site had suffered a major data breach.

“Have you ever felt like the Internet Archive runs on sticks and is constantly on the verge of suffering a catastrophic security breach? It just happened. See 31 million of you on HIBP!” users reported seeing on the landing page after the hack.

HIBP, an acronym for Have I Been Pwned, is a tool that confirms if email addresses previously suffered a data breach.

Troy Hunt, HIPB creator, confirmed that the breach was legitimate.

According to Brewster Kahle, Internet Archive founder, the organisation fended off a DDOS attack.

Kahle said the library also disabled the JS library after hackers defaced the website via the portal, scrubbed systems, and upgraded security.

“Will share more as we know it,” Kahle tweeted.

A pop-up on the Wayback Machine urged users to ask publishers to restore access.

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Business

FG launches portal for vehicle owners to convert to CNG and pay later

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The federal government has launched a website that allows users to convert their petrol-powered vehicles to compressed natural gas (CNG) and pay later.

The National Orientation Agency (NOA) announced the new initiative on its X handle in a statement on Tuesday.

“Switching to Compressed Natural Gas (CNG) is now more accessible than ever,” NOA said.

“With flexible payment plans tailored to fit your budget, transitioning from petrol to CNG has never been smoother or more affordable.

“These payment options allow you to convert your vehicle now and pay later with affordable monthly instalments at competitive rates.”

The agency said with an easy online application and quick approval process, beneficiaries would be supported every step of the way, to ensure a hassle-free experience.

“Visit: gocng.ng to get started,” NOA said.

According to the agency, the benefits of CNG include cost savings, environmental impact, enhanced engine life, safety and reliability, as well as proven technology with a track record of safety and dependable performance.

On October 7, the federal government launched a portal that would allow youths to access CNG-powered tricycles.

In his remarks, Michael Oluwagbemi, project director and chief executive officer (CEO) of the presidential CNG initiative (P-CNGi) said the initiative would enhance the economic well-being of Nigerians by reducing dependence on petrol.

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Business

Nigerian Air Force direct short-service application opens October 14 (Apply Here)

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The Nigerian Air Force (NAF) says applications for the direct short-service cadets (DSSC) programme will open on October 14.

In a post on X on Wednesday, NAF said online registration will end on November 26.

The NAF said the enlistment is for graduates and postgraduates, who must be of Nigerian origin by birth.

“Applicants must not be less than 1.66 and 1.63 metres tall for male and female candidates, respectively,” the post reads.

“Applicants must be medically, physically, and psychologically fit; applicants must be free of any criminal conviction by the court of law.

“Applicants must be between the ages of 20 and 30 — but the age requirement for medical consultants is between 25 and 40 years.

“All applicants must possess a minimum of second-class upper division with five credits in a related course of study: a discharge certificate/letter of exemption from the National Youth Service Corps (NYSC) and a certificate of full registration with their respective statutory professional bodies in Nigeria.

“All candidates are expected to possess a LGA attestation, a passport photograph, and means of identification, such as a driver’s license, national identification number, or international passport.

“Applicants are advised to print out acknowledgement slips and LGA attestation forms after completing the application.”

NAF noted that the online registration is free of charge, adding that computer literacy will be an advantage.

It added that successful applicants will be invited for selection board interview exercises through the registration portal.

Interested applicants are to apply online at https://airforce.mil.ng/.

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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