Business

Fidelity Bank CEO Bags Champion Newspapers’ Banker of the Year Award

Published

2 years ago

May 15, 2023

Fidelity Bank CEO Bags Champion Newspapers’ Banker of the Year Award

Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe has received yet another recognition as she bagged the award of the Banker of the Year 2022 at the Champion Newspapers’ Awards of the Year 2022.

Held at the Eko Hotel and Suites on Friday, 12 May 2023, the well-attended event featured top players in the nation’s public and private sectors.

Receiving her award in company of her family, friends and colleagues, an elated Mrs. Onyeali-Ikpe said, “I am grateful for this recognition and I dedicate this award to the board, management and staff of Fidelity Bank PLC as well as my family for their support.”

Earlier in the programme, the Chairman of the occasion and the Director General, National Council for Arts and Culture, Otunba Olusegun Runsewe said when hardwork and integrity are not rewarded, mediocrity would be promoted.

He added, “The awardees have no doubt gone through a rigorous process of screening, careful and meticulous scrutiny to have been adjudged fit, proper in all ramifications. They are therefore worthy and deserving of these prestigious awards.”

On her own part, the Group Managing Director, Champion Newspapers, Dr Nwadiuto Iheakanwa in her opening remarks said, “There is no gainsaying that the reward for hardwork is more work hence our humble appeal that more efforts be made to ensure that the nation realizes its full potentials in all spheres of endeavour knowing fully well that the country is among the most endowed nations of human capital.

“One of the areas I want to challenge the post-President Muhammadu Buhari administration is in the ease of doing business. It is my considered opinion that if the incoming administration can get it right in institutionalizing administrative structures which will eliminate the bottlenecks, the country will be able to expand her productive capacity.in a manner that will encourage greater foreign earnings beyond oil.”

Other awardees at the event include Chairman of, National Drug Law Enforcement Agency, NDLEA , Brigadier-General Mohamed Buba Marwa (rtd), who was conferred with the Man of the Year Award; Afenifere Leader, Chief Ayo Adebanjo, who bagged the Life Achievement Award; Governor of Lagos State, Babajide Sanwo-Olu, who received the Governor of the Year award; Governor of Osun State, Ademola Adeleke, who bagged the Governor of the Year, Good Governance award; Chief Dr. Cyril Onyekwelu Umunna Ajagu, who received the award of the Most Outstanding Savvy Investor of the Year; and High Chief Michael Onuoha, who bagged the Most Innovative Brand CEO of the Year award.

It would be recalled that Mrs. Onyeali-Ikpe received the Banker of the Year 2022 at the 14th Leadership Annual Conference and Awards in January 2023 and the Best Banking CEO Nigeria 2023 in the 2023 Global Banking & Finance Awards in April 2023. She was also recognized as one of the top 10 female finalists in the Africa.com Definitive List of Women Chief Executive Officers (CEOs).

Business

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

Published

19 hours ago

December 21, 2024

Sahara Weekly

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

Business

Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

Published

1 day ago

December 21, 2024

Sahara Weekly

Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

NNPC Debunks Shutdown Rumors, Confirms Port Harcourt Refinery Fully Operational

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports circulating in certain media outlets claiming that the Old Port Harcourt Refinery, which was re-streamed two months ago, has been shut down.

In a statement released by Olufemi O. Soneye, the Chief Corporate Communications Officer of NNPC Ltd, the company clarified that the refinery is fully operational. The statement noted that the facility’s operational status was recently verified by former Group Managing Directors of NNPC during a site inspection.

“Preparation for the day’s loading operation is currently ongoing,” the statement confirmed, emphasizing that allegations of the refinery’s shutdown are baseless and intended to create panic or artificial scarcity in the fuel market.

NNPC Ltd urged members of the public to disregard such misleading reports, labeling them as the work of those seeking to exploit Nigerians.

The Old Port Harcourt Refinery has been in operation since its re-streaming, and the company remains committed to ensuring stability in the supply of petroleum products across the country.

Business

Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

Published

2 days ago

December 20, 2024

Sahara Weekly

Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

In a show of solidarity, the Committee of Banks in Nigeria has extended a helping hand to victims of the September 2024 floods in Jigawa State. On Thursday, a high-profile delegation led by Dr. Oliver Alawuba, Chairman of the Committee and Group Managing Director/Chief Executive Officer of United Bank for Africa Plc (UBA), visited Dutse, the state capital, to present relief materials to the state government.

The donated items, worth several million Naira, included essential food supplies such as rice and cooking oil, along with mattresses and beverages. Dr. Alawuba highlighted that the gesture aimed to alleviate the hardship faced by flood victims and support critical institutions, especially public hospitals, in their efforts to assist those affected.

“We stand in solidarity with the people and government of Jigawa State during this difficult time. This donation is our way of expressing empathy and supporting those who have lost loved ones, properties, and livelihoods,” Dr. Alawuba stated.

The delegation included notable banking leaders such as Mr. Roosevelt Ogbonna of Access Bank Plc, Dame (Dr.) Adaora Umeoji of Zenith Bank Plc, and Dr. (Mrs.) Nneka Onyeali-Ikpe of Fidelity Bank Plc, among others. Their collective presence underscored the banking sector’s commitment to corporate social responsibility and national development.

Governor Malam Umar A. Namadi expressed profound gratitude for the donation, describing the visit as a rare and commendable act of compassion. He assured the delegation that the relief materials would be judiciously distributed to the intended beneficiaries, emphasizing the importance of partnerships in rebuilding lives and communities.

The Committee of Banks also reiterated their commitment to supporting Nigerians during emergencies, drawing attention to previous interventions, including relief efforts during the 2011 and 2013 floods, the COVID-19 pandemic, and security initiatives like the Lagos State Security Trust Fund.

This humanitarian gesture reflects the collective resolve of Nigeria’s financial institutions to foster social and economic growth, making a meaningful impact in times of need.