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Primary school leaving certificate is not required for payment of salaries – Osun state Government

Published

11 years ago

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aregbe

 

The government of Osun State has said that the Primary School Leaving certificate is not a condition for the payment of arrears of salaries to the state workers following the statement that was allegedly made on Tuesday that the primary school certificate is required for the settlement of debt.

This disclosure was made on Wednesday, 9th September, 2015 by the state Head of Service, Mr. Sunday Owoeye in a programme monitored in Osogbo on the state television‎, Osun State Broadcasting Corporation (OSBC).

He described as mischievous and incorrect a media report that the state has asked all workers in the state to present their Primary School Certificate before the arrears of salaries due to them are paid.

The Head of Service pointed out that the circular sent out by government is not meant for the payment of salaries, but for monitoring and control within the civil service.

Owoeye stated that the verification of workers under a normal civil service situation is an exercise that is supposed to be carried out yearly.

He added that streamlining the civil service must be an on-going process, saying that for organisation, be it public or private to grow and remain healthy, such outfits need to examine and check itself regularly.

The HoS emphasised that the circular and forms that were distributed to worker to fill were like a questionnaire that civil servants need to input information that are applicable to such category of workers.

According to him, “It needs to be stated clearly that in the scheme for public service workers, it is only those who are appointed as cleaners, messengers and ‎guards that are expected to present their primary six certificates. Do you ask doctors, engineers, pharmacists and other cadres in that category to come and present primary school certificates?

“Form filling is very important and you can see that is why institutions place much emphasis on it. If you are filling a form, you are not compelled to fill everything. You will have provision for “Not Applicable”. If the question is not applicable to you, then you put it there. Primary six certificate is not a compulsory condition.

“The impression these people are now giving is that the circular says that if you don’t present your Primary six certificate, you can’t receive your salary, that impression is mischievous. So, it is not correct that all workers are being asked to present such certificates before they are paid”.

He averred that the government is not unaware of the fact that some people have been paid to distort the truth, noting that they will want to justify the pay collected from their paymasters by trying to set workers against government.

‎Owoeye held further that the much talked about bail out is not a charity from banks, noting that Osun is trying to be sure that the loan meant for the payment of backlog of salaries gets to people that are supposed to get it.

He added that the screening and verification exercise is a scheme by government at ensuring that leakages are being blocked, “‎nobody borrows to pay for fake or dubious service or products.

‎”As we speak the comprehensive screening of workers and pensioners of the state of Osun was completed only on Tuesday, 8th September, 2015 whereupon a formal report is to be submitted on the outcome of that exercise this Friday. We are on it.”

Speaking on insinuations that the process is a delay tactics, he queried this saying workers and government had earlier decided that there should be an exercise to get the actual figure of the amount to be paid as salary.

“Government’s intention on this exercise is healthy and we are on course. The chairmen of the screening committees are to bring in their reports. We are looking at it and we’ve been discovering irregularities. I don’t have to hide that from you,” he said.

 

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Sahara weekly online is published by First Sahara weekly international. contact [email protected]

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Union Bank Honoured by ASBON at Nigeria National SME Business Awards

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6 hours ago

on

May 13, 2026

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Union Bank Honoured by ASBON at Nigeria National SME Business Awards

 

 

Lagos, Nigeria – Union Bank of Nigeria has reaffirmed its reputation as a strong supporter of Nigerian businesses, receiving the Best SME Growth Banking Initiatives Award for 2025 from the Association of Small Business Owners of Nigeria (ASBON) at the Nigeria National SME Business Awards, held recently in Lagos.

The award was presented to the Bank in recognition of its strategic leadership in advancing the growth and resilience of small and medium-sized enterprises, through a differentiated suite of solutions designed to enable business expansion and long-term value creation.

Receiving the award on behalf of the Bank, Ayokunnumi Abraham, Head of SME Segment at Union Bank, described the recognition as a strong endorsement of the Bank’s commitment to supporting small and medium-sized businesses. He said:

“We are honoured to receive this recognition, which reflects Union Bank’s continued commitment to helping SMEs grow by making banking simpler, faster, and more accessible. Through enhancements to our specialised platforms such as Union360, we have meaningfully reduced the time it takes for businesses to come on board and begin transacting. These improvements have shortened onboarding, increased digital adoption among our SME customers, and supported the acquisition of new business clients. Our focus remains on delivering practical solutions that help Nigerian businesses thrive.”

Organised by ASBON in partnership with the Lagos State Government through the Ministry of Commerce, Cooperatives, Trade and Investment, the event convened stakeholders from the public and private sectors to recognise individuals and organisations driving meaningful impact across Nigeria’s SME ecosystem.

Union Bank remains focused on deepening its support for SMEs through customer-led solutions and processes that strengthen business growth across the ecosystem.

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Atlantian Crown Bank Rebrands as Arizona Global Bank LLC, Begins Licensing for Global Expansion 

Published

18 hours ago

on

May 12, 2026

By

*Atlantian Crown Bank Rebrands as Arizona Global Bank LLC, Begins Licensing for Global Expansion* 

_By AGP News 

 

*UNITED KINGDOM OF ATLANTIS* — In a move signaling a push into international markets, the Royal Throne of the United Kingdom of Atlantis on Sunday announced the corporate transformation of Atlantian Crown Bank LLC into *Arizona Global Bank LLC*, as part of a wider restructuring to position the institution for global banking and financial innovation.

 

The announcement was made at a press conference in the UKA capital by *HRM Queen Amb. Cletus C. Leaticia*, Chief Executive Officer of the newly named bank. She told reporters the rebranding marks _“more than a name change”_ and reflects a strategic pivot toward digital finance, cross-border investment, and modern banking standards.

 

_“This transformation represents our commitment to innovation-driven banking and our vision to become a globally competitive financial institution,”_ Queen Leaticia said.

 

*Licensing Process Underway*

According to the Department of Financial Administration and Corporate Affairs, which issued the official communication, Arizona Global Bank LLC has formally begun the process of applying for a *Banking Operational Licence* under UKA’s financial regulatory framework.

 

Once licensed, the bank plans to operate as a modern financial enterprise focused on four pillars:

1. Innovation-driven banking and digital financial solutions

2. Corporate financing and structured investment services

3. International financial partnerships and cross-border trade facilitation

4. Financial inclusion initiatives

 

Bank officials stressed that the institution will _“maintain strict compliance with all banking regulations and supervisory standards”_ set by UKA financial authorities.

 

*Strategic Shift Amid Global Ambitions*

Management described the rebranding as part of a broader restructuring initiative to _“strengthen the bank’s international identity, expand its global financial footprint, and align operations with contemporary banking standards.”_

 

Representatives called the licensing and rebranding process a _“major milestone”_ aimed at supporting economic growth, international trade, and cross-border investment initiatives.

 

*No Disruption to Existing Commitments*

Addressing potential concerns from clients and partners, management reassured stakeholders that _“all existing institutional commitments, operational objectives, and long-term strategic plans remain fully intact throughout the transition process.”_

 

The Royal Throne indicated that further updates on the licence approval, commencement of operations, corporate partnerships, and investment programmes will be released through official UKA and Arizona Global Bank LLC channels.

 

_The Department of Financial Administration and Corporate Affairs, Royal Throne of United Kingdom of Atlantis, issued the official statement._

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Fidelity Bank grows Gross Earnings by 45.6% for FY 2025 

Published

19 hours ago

on

May 12, 2026

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Fidelity Bank grows Gross Earnings by 45.6% for FY 2025 

 

Lagos, Nigeria – Fidelity Bank Plc, a leading Nigerian financial institution, has announced its audited financial results for the year ended 31 December 2025, reporting Gross Earnings growth of 45.6% from N1.04 trillion in 2024 to N1.52 trillion in FY 2025, reflecting stronger topline momentum across core business segments.

 

 

The Group recorded a Profit Before Tax of N347.7 billion.  This performance was underpinned by a 38.7% year-on-year increase in interest income to N1.11 trillion (FY 2024: N803.1 billion) and a 44.7% year-on-year rise in fees and commission income to N113.4 billion (FY 2024: N78.4 billion).

 

 

On the balance sheet, total assets grew by 18.6% year-on-year to N10.46 trillion (FY 2024: N8.82 trillion), while customer deposits increased by 16.1% year on year to N6.89 trillion (FY 2024: N5.94 trillion), reflecting continued franchise strength and growing customer confidence in the brand. Net loans and advances declined by 2.4% year-on-year to N4.28 trillion (FY 2024: N4.39 trillion) as customers paid down on their mature obligations.

 

 

The Bank also strengthened its capital position during the period, with eligible capital rising to N561 billion, above the regulatory minimum of N500 billion for banks with international authorisation. In addition, capital adequacy remained robust, with Capital Adequacy Ratio of 30.94 percent as at 31 December 2025 (FY 2024: 23.47 percent).

 

 

Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.

 

 

The Bank is the recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.

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