Business

Lawlessness in MAPOLY as Security men beat up student mercilessly over Nothing

Published

7 years ago

March 1, 2016

Only God knows how this ones will act if they should become security agents for the country. They are meant to protect and not to beat to stupor. It is not the first time they will be doing it as a lot of students testified against them.

“Here’s what happened. My name is John. On that fateful day, my group members for eed project and I went to see our project supervisor. After seeing him we headed to the bus shed where we get vehicles to convey us home. I saw a cab, as I tried entering, I was blocked by a student who came down from the same cab, I asked for the reason for the obstruction, he said he was talking with the driver.

I advised him to go to the driver side to talk to him, he didn’t respond. His friend came out from the other side of the door and started using foul language on me, I got angry but I understood the implications of fighting in school, so I ignored him. I was tired and I wanted to get home quickly; it’s always a struggle to get vehicles home in the evening.

I was able to make my way into the cab by going under his arm. Before the cab moved. The guy who was obstructing me came to window side and started using threatening words. I felt uncomfortable. I came down and told him I’ll hold him responsible if any thing bad should happen to me. At that point he started moving closer to me, he was trying to put on a ring which I believe were charms because his friend had threatened to hit my group members with charm, as he was getting very close I pushed him back. I never knew the school security were standing around that premises watching us the whole time and immediately they saw me push him, they didn’t ask me anything they decended on me, hitting me with guns and firewoods. They asked me to enter into their vehicle, which I obeyed. They continued hitting me until we got to their security unit of the school. They asked me to come down and lay down on the floor and they got another big stick to hit me, so big that they had to use both hand 2 hold it. They continued hitting me with the stick and gun to the extent that the gun they were hitting me with got spoilt and the sticks also got broken in which they changed it simultaneously and it was like they were going to kill me that day.
They accused me of several things; they said I was a cultist, that I was not a student and that I was disturbing the peace of the school. I was able to defend myself in all these false accusations. They asked me to stand up and write a statement of what happened which I did, afterwards, they asked me to explain the event verbally to the administrative staffs at the security base. They were all quiet after I was done talking, they pleaded with me and asked me to forget all that had happened. They returned my phone that was seized initially and asked me to go.
I was wondering why they didn’t touch the guy who was obstructing my way into the cab. I got to find out that he’s one of them. They call themselves (security) OPC and the guy is a student OPC, that is why they didn’t touch him.
It is not the first time they have brutalised students in this manner. They have been doing it and getting away with it but I thank God for my classmates who stood by me to say no to this and are making effort to let the world know what is going on.
I am into security too and I believe the ethics of the job is to make peace and and hand over people with serious cases to the police, not to take laws into thier hands by beating up people.
These guys are illiterates, they are always high on drugs, and they are bullies. I have never had a reason to fight anybody in school, I have never wrong them before, I’m not a cultist, I am not a trouble maker. I have proves to all ofthese.

Two days after this incident happened, the school had it matriculation ceremony. The Association Of Mass communication Student’s General Secretary was sent on an assignment to cover the matriculation of the newly admitted students for a forthcoming magazine that will be produced by the student in print class of HND2 masscomm. The Gen sec. and his crew were taking shots and recording. All of a sudden, the assistant CSO spotted him and said ‘you are a stallite!’ he didn’t demand for an explanation from him, the assistant CSO held him by the trousers and slapped him before asking what he came for…. we don’t feel safe anymore in mapoly”.

Business

Naira devaluation’s fake news, says CBN

Published

8 hours ago

June 1, 2023

Sahara Weekly

Naira devaluation’s fake news, says CBN

The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the Importers and Exporters’ (I&E) window.

A top official of the apex bank, who told this medium that the report is completely false , warned that such reports could have serious adverse consequences for the economy.

According to the top official, the CBN has not changed its strategy of allowing a gradual convergence of the parallel and official market exchange rates.

“The report is not true. The CBN has not devalued the naira. The exchange rate of the naira on the FMDQ website as at yesterday was N464.67 per dollar. The authors of the report may have their own agenda, but the CBN’s plan is that the best approach is to allow for a gradual convergence of all the rates.”

Business

ZENITH BANK MAINTAINS POSITION AS ‘BEST CORPORATE GOVERNANCE FINANCIAL SERVICES’ IN AFRICA FOR THE FOURTH CONSECUTIVE TIME

Published

1 day ago

May 31, 2023

Sahara Weekly

ZENITH BANK MAINTAINS POSITION AS ‘BEST CORPORATE GOVERNANCE FINANCIAL SERVICES’ IN AFRICA FOR THE FOURTH CONSECUTIVE TIME

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

UBA Revitalises Alumni Network, Ex-staff to Enjoy Debt Restructuring, Product Offerings, Airport Protocol, Other Benefits

Published

2 days ago

May 30, 2023

Sahara Weekly

UBA Revitalises Alumni Network, Ex-staff to Enjoy Debt Restructuring, Product Offerings, Airport Protocol, Other Benefits

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has relaunched the UBA Alumni Network Program, aimed at fostering stronger connections and providing exclusive benefits to its esteemed former employees.

Improving upon the services it promised when it was first launched two years ago, the revamped UBA Alumni Network will now offer a wide array of advantages designed to empower and engage ex-staff members throughout their journeys.

UBA’s Group Managing Director, Oliver Alawuba, who welcomed the Ex-staff during the UBA Alumni relaunch in UBA House on Friday, expressed the bank’s commitment to reposition the alumni to do more to ensure that ex-staff remain comfortable ambassadors of the brand.

He said, “I understand that this very key network was launched in 2021, and we have come here today to assure all the members of our alumni that UBA, which is over 75 years old, will continue to play the role of becoming a beacon of hope to our Ex-staff.

Continuing Alawuba said, “As a bank that is interested in the welfare of both staff and ex-staff, we are going to roll-out products that are specifically tailored to suit the needs of all our alumni.”

At the event, which saw a lot of former staff attended both physically and virtually, UBA’s Deputy Managing Director, Muyiwa Akinyemi, noted that the bank is where it is today because of the sacrifices made by its ex-staff several years ago, as he added that this is the driving force behind the bank’s desire to support them.

“Today, we are here, but tomorrow, we might be somewhere else, and it is therefore essential for us to bond with our former employees who we recognise as ambassadors that have contributed to the bank’s legacy in various sectors over the years,” Akinyemi stated.

He explained that with 35 million customers and over 25,000 staff, the bank remains committed to fostering a vibrant alumni community, adding that “We will continue to rely on this all important network to help us to know how to serve you better, in the four continents and 24 countries that UBA currently operates in.”

UBA staff, Wale Esan and Nnenna Chikezie, were on ground at the event to reel off some of the new offerings and benefits to be enjoyed by members of the UBA alumni, which include: Debt restructuring and moratorium for staff who left while still servicing loans; top-up loans, CoT concessions, access to senior citizens loans; fast tracking of banking services.

Other benefits are assisted airport protocol services for international travels including check-in and departure services; end to end VIP travelling services for ex-staff. The bank will also assist any staff who has challenges with the airport authorities for quick and easy resolution.

The Chairperson of the UBA Alumni Network, Mosunmola Yusuf, who was a former staff with the Employee Experience unit, explained that UBA aims to harness the wealth of knowledge and experience of its former employees, creating a powerful network that extends far beyond the continent.

“We see this as an innovative effort to build a strong bond of human community; because we believe human connectivity is necessary to promote cordial living and will assist to achieve the individual and collective goals that we plan to attain,” she stated.

UBA alumni were encouraged to send their enquiries to the email: UBAAlumnicare@ubagroup.com for quick resolution.

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees’ group wide and serving over 35 million customers globally.

Operating in 20 African countries and in the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology.