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Zenith Bank Boss, Onyeagwu Bags UNN Doctorate Degree in Business Administration

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The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, was on Saturday, March 25, 2023, conferred with a Doctorate Degree in Business Administration by the University of Nigeria, Nsukka. The award, which is in recognition of his immense achievements as Group Managing Director/CEO of Zenith Bank as well as his contributions to the growth of the financial services sector in Nigeria and across the African continent, was conferred on him during the 50th convocation ceremony of the University.

Speaking during the conferment ceremony, the Vice Chancellor of the University of Nigeria, Prof. Charles Igwe, congratulated Dr. Ebenezer Onyeagwu for distinguishing himself in his career and for his service to humanity, which made him worthy to receive the prestigious Doctorate Degree from Nigeria’s first indigenous University.

In his acceptance speech, Dr. Ebenezer Onyeagwu expressed his gratitude to the University of Nigeria for finding him a worthy recipient of the Doctorate Degree in Business Administration of one of the leading universities in Nigeria, considering the very rigorous process of selection of awardees by the institution. In his words, “for me to have been considered and to have passed through the meticulous selection process makes it the more dignifying because I have no connection with the University.”

Noting that the award represents a validation of the outstanding corporate governance, ethical leadership, and overall outstanding performance that Zenith Bank is recording, Dr. Onyeagwu dedicated the award to the board and management of Zenith, especially the Founder and Chairman, Dr. Jim Ovia, CFR, who has remained a mentor, a leader and a source of inspiration to everyone at the Bank and beyond; the staff, for being the shoulder and proverbial base of the pyramid upon which his achievements and success as CEO of the leading financial institution in Nigeria rests; the Bank’s customers for their unflinching loyalty to the brand; and to his family for their unceasing love and support.

Presenting the citation of Dr. Ebenezer Onyeagwu to the assemblage at the 50th Convocation Ceremony for the conferment of the Doctorate Degree in Business Administration, the orator of the University of Nigeria, Dr. Ikenna Onwuegbuna noted that Dr. Ebenezer Onyeagwu is an alumnus of Auchi Polytechnic, the University of Oxford, England and Salford Business School, University of Salford, Manchester, United Kingdom, Delta State University, Abraka. Also, he is an alumnus of Wharton Business School of the University of Pennsylvania, Columbia Business School of Columbia University, and the Harvard Business School of Harvard University in the United States.

Dr. Ebenezer Onyeagwu is a Fellow (FCA) of the Institute of Chartered Accountants of Nigeria (ICAN), a Fellow of the Nigerian Institute of Management (NIM), The Chartered Institute of Bankers of Nigeria (CIBN), the Institute of Credit Administrators (ICA) and Senior Associate Member, Risk Management Institute of Nigeria (RIMAN).

Dr. Ebenezer Onyeagwu is the Chairman of the Body of Banks’ Chief Executive Officers, Nigeria and Chairman of Zenith Pensions Custodian Limited and Zenith Nominees Limited. He is also on the Board of Zenith Bank (UK) Limited, FMDQ Holdings Plc and Lagos State Security Trust Fund (LSSTF). Ebenezer Onyeagwu is a member of the International Monetary Conference (IMC), the Wall Street Journal CEO Council, member of the African Trade Gateway Advisory Council of the Africa Export-Import Bank (Afreximbank), and member of the Governing Council of the Chartered Institute of Bankers of Nigeria (CIBN). He also served on the board of Zenith Bank Ghana Limited, Zenith General Insurance, Zenith Securities Limited, Zenith Assets Management Company, Zenith Medicare Limited, and Africa Finance Corporation (AFC).

Dr. Onyeagwu’s track record of excellence has also seen him win several individual awards, including being named Bank CEO of the Year (2019) by Champion Newspaper, Bank CEO of the Year (2020, 2021 & 2022) by BusinessDay Newspaper, CEO of the Year (2020 and 2021) – SERAS Awards, and CEO of the Year (2022) – Leadership Newspaper.

Other recipients of  Doctorate Degrees at the 50th convocation ceremony include former Governor of Delta State, Dr. Emmanuel Uduaghan, who was conferred with the Doctor of Public Administration, and the Chairman of Hobark International Limited, Dr. Obiora Fubara, who received the Doctor of Business Administrat ion. A retired Justice of the Supreme Court of Nigeria, Justice Mary Odili, was conferred with the Doctor of Law; however, her conferment was deferred to a later date because she was unavoidably absent at the ceremony.

Education

How female Medicine Degree Holder Abandoned Certificate for Carpentry- Bugaje

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The Executive Secretary, National Board for Technical Education (NBTE), Prof. Idris Bugaje has expressed the need to promote inclusivity, especially for women and persons with disabilities in technical education.

Bugaje stated this in Abuja while assessing the impact of President Bola Tinubu’s administration after two years in office.

He appealed for greater gender inclusivity in vocational and technical education, stressing that deliberate policies such as scholarships and incentives could help bridge the gender gap.

In support of his position, Bugaje shared an inspiring story of a female medical doctor who abandoned her medical career to pursue carpentry.

“There is a story I want to share with you, about a girl who was interested in becoming a carpenter.

“The father was a carpenter and they were four children in the family, three boys and herself.

“Whenever she joined the boys to the workshop, the father would send her away, saying, `you are a girl, go back to the house, you are not supposed to be a carpenter’’.

“Without giving considerations to the passion of the young girl, the father sent her to a medical school.

“She graduated with the MBBS, went and did the one-year internship after graduation, and chose a role as a medical doctor.

“After that, she came back to the father, returned the MBBS certificate to him, and thanked him.

“Afterward, she told the father that her passion is in carpentry, not to practice as medical doctor,” Bugaje narrated

He added that after spending seven years on medical training, the father had no option but to send her to Turkey to learn how to make furniture.

Addressing cultural and societal barriers often faced by young women in technical fields, Bugaje appealed to parents to support their daughters’ interests in trades like plumbing, electrical installation, and carpentry.

He also called on policymakers to prioritise passion and skill development among youth, especially girls, noting that such encouragement could lead to greater innovation and self-reliance.

“If they want to become carpenters, ICT experts, or POP artists, allow them.

“In skills’ training, passion is very important. That’s what motivates children and helps them innovate.

“We need to harness these innovations if the country is to move forward and rise beyond being a third-world nation,” he said.

He emphasized the need to have deliberate policies to encourage women to come into TVET through scholarships and other incentives. (NAN)

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Education

WAEC Apologies for Conducting English Exam Late, Cites Leakage  Prevention

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The West African Examinations Council (WAEC) has apologized for delay in conducting  English Language Paper 2 in the ongoing 2025 West African Senior School Certificate Examination (WASSCE).

 The took place on Wednesday evening.

In a statement by Moyosola Adesina, Acting Head of Public Affairs Department of
WAEC, the council said that it encountered challenges.

”While maintaining the integrity and security of our examination, we faced considerable challenges primarily due to our major aim of preventing leakage of any paper.

“We recognise the importance of timely conduct of examinations and the impact of this decision on candidates, their schools and parents, and we sincerely apologise for any inconveniences caused,” WAEC stated.

It said that it successfully achieved its objective but it inadvertently impacted the timeliness and seamless conduct of the examination.

“In spite of our best efforts, we encountered logistical hurdles, security concerns and socio-cultural factors that negatively influenced our operations,” WAEC said.

The council re-affirmed its commitment to upholding the highest standard in examination conduct, and pledged to continue to promote academic excellence. (NAN)

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Education

FG vows full WAEC CBT shift by 2026 – Minister

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The Minister of Education, Dr Tunji Alausa, has reaffirmed the Federal Government’s commitment to fully transitioning to Computer-Based Test (CBT) examinations for the West African Examinations Council (WAEC) and other exam bodies by 2026.

Dr Alausa made this known while monitoring the conduct of WAEC’s CBT examinations in Abuja on Wednesday.

He expressed optimism about Nigeria’s capacity to modernise its examination system and reduce widespread malpractice through digital innovation.

Commending WAEC’s initiative, the minister described the shift from traditional pen-and-paper exams to CBT as a historic and crucial step toward fairness and educational integrity.

“We are working very hard to eliminate fraud in our exam system, and WAEC is taking the lead,” he said.

Highlighting the advantages of CBT, Alausa noted that the system simplified the exam process while significantly curbing cheating.

“We now have clear evidence that when exams are done using technology, the level of fraud is minimised to almost zero,” he stated.

He further lauded WAEC’s internal safeguards, explaining that the CBT system was operated via a secured Local Area Network (LAN), making it “literally impossible” to hack.

According to the minister, by Nov. 2025, all WAEC multiple-choice exams will be conducted using CBT.

He added that essay questions and NECO examinations would follow suit by 2026.

On infrastructure and logistics, particularly in remote areas, Alausa acknowledged the challenges but assured that scalable solutions are in progress.

“Are we going to be ready to provide every single needed infrastructure by November? Absolutely not.

“But as we move into the future, we will be ready. We have to challenge ourselves as government,” he said.

He also addressed concerns over the logistics of conducting multiple exams.

“In WAEC, the average student takes about eight to nine papers.

“They do it over several days. Those are the logistics we, as administrators, have to work through, and we already are,” he explained.

The ongoing WAEC exams, which began on April 24, are scheduled to conclude on June 20, 2025.

A total of 1,973,253 candidates from 23,554 schools are participating. Of this number, 979,228 candidates are male, accounting for 49.63 per cent, while 994,025 candidates are female, making up 50.37 per cent.(NAN)

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