Education
Zenith Bank Boss, Onyeagwu Bags UNN Doctorate Degree in Business Administration
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.
The Federal Government says it has no plan to slash scholarship students’ allowances as recently projected in the media.The Minister of Education, Prof. Tahir Mamman, stated this during a meeting with the leadership of the National Association of Nigerian Students (NANS) in Abuja on Friday.
Report says that there was a report that the ministry, through the Federal Scholarship Board, announced a slash in allowances of foreign scholars stranded in Russia, Morocco, and Algeria among others.
The slash in scholars’ allowances under the federal government’s Bilateral Educational Agreement Scholarship (BEA) was attributed to the economic crises.Mamman said that there was no slash in scholars` allowances but rather an adjustment due to Foreign Exchange fluctuations (FOREX).“We want to clarify what has been in the media on allowances paid to scholars under the Bilateral Scholarship Agreement.“We want to place it on record that the ministry and the Federal Government for that matter have not slashed the allowances due to students.“What happened is some adjustments in the amount due to them because of FOREX fluctuations, and as soon as we get the balance we have applied for, we will pay them.“But for now, what is in the budget is what we can pay. So, there is no slash, we will even be happy to increase, so this is what has led to the adjustments,” he said.(NAN) By Tony Obiechina, Abuja
Ahead of the Federal Education Sector Games (FEDUGAM) slated for Bauchi, the Federal Ministry of Education has unveiled the mascot for the 4th edition named “FEDUGAM-Bauchi 2024,” at a ceremony held in Abuja.
Speaking during the unveiling, the Minister of Education, Prof.
Tahir Mamman, represented by the Minister of State, Dr. Tanko Yusuf Sununu, expressed profound gratitude to attendees for their unwavering support and dedication to advancing the education sector.In a statement by the Director Press and PR, Folasade Boriowo, the Minister noted that FEDUGAM serves as a cornerstone for fostering camaraderie, sportsmanship, and community spirit among educators, administrators, students, and staff.
“The newly unveiled mascot embodies the values of physical fitness, teamwork, perseverance, and fair play, and is set to inspire participants throughout the games” the statement stated
Mrs. Didi Walson-Jack, Permanent Secretary of the Federal Ministry of Education, reiterated the importance of the games in promoting unity, friendship, fitness, and mental alertness among the Ministry and Agency staff.
She expressed gratitude to everyone involved in organizing the event and encouraged participants to compete with integrity and enjoy the games.
Chairman of the FEDUGAM Steering Committee, Omotayo F. Adeyemi, welcomed attendees and thanked the Minister and other dignitaries for their presence despite their busy schedule.
He harped on the mascot’s significance in representing the spirit of the games and thanked the organizing committee for their relentless efforts.
Adeyemi called for widespread support from ministries, agencies, corporate organizations, and partners to ensure the success of FEDUGAM Bauchi 2024.
FEDUGAM Bauchi 2024 is scheduled to take place from August 3-10, 2024, at the Abubakar Tafawa Balewa Stadium in Bauchi State.
The event aims to celebrate educational achievements and foster unity within the sector, with the Executive Governor of Bauchi State, His Excellency Sen. Bala Abdulkadir Mohammed, graciously hosting and supporting the event.
“As the games approach, the entire Ministry stands united in support, echoing the spirit of the mascot unveiled today. Let us come together to celebrate our shared achievements and work towards a brighter future for our education sector,” the statement added.
From Sylvia Udegbunam, Enugu
The Executive Chairman of Enugu State Universal Basic Education Board (ENSUBEB), Associate Professor Hyginus Banko Okibe has flagged off the 2022/2023 Agricultural Education training programme for head teachers, teachers, and pupils at Independence Layout Primary School, Enugu.
Professor Okibe emphasized the importance of agriculture for economic development and growth, stressing that the country’s major problem is hunger due to people not engaging in farming activities anymore.
He noted that schools should be exposed to agricultural skills and technology; he however announced that there will be an agricultural trade fair, where produce from all schools will be showcased.
The Commissioner for Agriculture and Agro Industrialisation, Dr. Patrick Nwabueze Ubru, in a keynote address, highlight the importance of agriculture, stating that without it, there will be no life.
He disclosed that 12,000 bags of fertiliser will be distributed to registered farmers in the state and noting that non-farmers will not receive farming inputs and fertilisers.
Ubru reiterated that agriculture occupies an important space in the Governor’s vision and manifesto as one of the developmental areas for reviving the economy.
He said that Enugu State has introduced dry season farming with solar pumping machines and embarked on three-cycle rice production, making it the largest producer of cassava in the country.
He further disclosed plans to establish agricultural processing industries in the three senatorial zones of the state.
Dr. Amaka S. Ngene, Executive Chairman of STVSMB and former Permanent Member of ENSUBEB, appreciated the guests and emphasized that the agricultural education training programme is child-centered, aimed at making agriculture a future career or hobby for the pupils.
She enumerated the objectives of the training, including the provision of requisite skills for self-employment.
Hon. Nwakaego Ajah, Permanent Member 3, thanked the Executive Governor of Enugu State, the Executive Chairman of ENSUBEB, and UBEC for the initiative in making Agricultural Science more practical-oriented at the Basic Schools.
She urged the learners and teachers to take the training serious and also promote their dignity in labour.
The event featured lectures on food crops, planting, and care, and the distribution of farm inputs and plants to various schools.
The highlight of the occasion was the decoration of Dr. Amaka Ngene by the Commissioner for Agriculture and Agro Industrialisation.
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