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FOR A THIRD CONSECUTIVE YEAR, ZENITH BANK RETAINS POSITION AS NIGERIA’S BEST COMMERCIAL BANK, ALSO NAMED BEST CORPORATE GOVERNANCE BANK AT WORLD FINANCE 2023 AWARDS

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For a third year running, Zenith Bank Plc has been named the Best Commercial Bank in Nigeria at the World Finance Banking Awards 2023.

The bank also emerged as the Best Corporate Governance Bank, Nigeria, in the World Finance Corporate Governance Awards 2023, retaining the award for a second consecutive year.

These awards were presented to Dr. Ebenezer Onyeagwu, the Group Managing Director/Chief Executive Officer of Zenith Bank Plc, at the London Stock Exchange recently.

The recognitions celebrate the bank’s tremendous feats and milestones in financial performance, financial inclusion, corporate governance, and sustainability.

Commenting on the awards, Dr Onyeagwu said that: “these awards are a testament to our resilience and ability to adapt to the vagaries of the market as well as our innate capability to engender very stellar business performances through our innovative products and solutions. It also affirms our continued commitment to global best practices in corporate governance, sustainability and corporate social responsibility.”
Dr Onyeagwu dedicated the awards to the Founder and Group Chairman, Jim Ovia, CFR, thanking him for his mentorship and for establishing the basis for a resilient and highly successful institution. He also expressed gratitude to the board for their exceptional leadership, vision, and insight; to the staff for their unwavering commitment and dedication; and to the bank’s customers for making Zenith their preferred bank.

World Finance is a foremost international magazine providing extensive coverage and analysis of the financial industry, international business, and the global economy. Its editorial combines award-winning journalism, covering a vast array of topics from banking and insurance to wealth management and infrastructure investment, with contributions from some of the world’s most esteemed economists and theorists and consultants from government think tanks and the World Economic Forum.

Zenith Bank’s track record of excellent performance has continued to earn the brand numerous awards, with these latest honours coming on the heels of several recognitions, including being recognised as the Number One Bank in Nigeria by Tier-1 Capital, for the 14th consecutive year, in the 2023 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 in Corporate Governance’ Financial Services’ Africa, for four successive years from 2020 to 2023, by the Ethical Boardroom; Most Sustainable Bank, Nigeria in the International Banker 2023 Banking Awards; 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 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.

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Run Away From Pastors Who Convert Church Offerings To Personal Use — Dr Chris Okafor

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Founder and senior pastor of the Grace Nation Church International, Dr Chris Okafor has advised christians to run away from pastors who convert church offerings to personal use.

The well known cleric was unapologetic in a recent Sunday worship service as he laid into pastors who spent church monies without having a care about the consequences of such brazen indiscretions.

He told a full house of worshippers in a service which also climaxed the women’s convention that held all week in the month of August that christians who tarried in churches where such unwholesome breaches of God’s statutes were practised were living dangerously as they are as liable as the offending ministers themselves.

“Run away from churches where pastors ‘eat’ the offering because it is a dangerous place to be in,” Dr Okafor said.

“Converting church monies to personal use is actually inviting death. Death in the sense that church money is God’s money held in trust that is being breached when a pastor who is supposed to be accountable as a servant in His vineyard dips his hands in the till. And God does not take kindly to persons who take things they are not permitted to take.

“In more than 20 years in ministry, I have never taken, asked to be taken or spent money that belongs to our church, Grace Nation. As a matter of fact, the church’s cheque book is not in my hands. I don’t touch church money, and I don’t ask the church to pay me salary as well.

“This is the standard I have stuck with in more than two decades of active work and walk with God. And to tell you the truth, I have been better for it because God pays my bills.

“So, am telling christians everywhere not to tarry a second longer in any church where the pastor or the general overseer spends the church money as if he owns it. The scripture cannot be broken. Jesus Christ, we are told, is the head of the church. We who serve Him as ministers are accountable to Him. The money people bring as offering to God in His church is for Him and not any pastor, apostle, evangelist or prophet. It is solely for God,” he added.

He would also mock the folly of some pastors who continue to publicly discredit the practice of tithing in order to seek human validation, insisting that they lacked understanding.

“Some pastors have continued to undermine the practice of tithing that God expressly commanded in His word, the Bible. They have continued to advance all kinds of reasons why it is not necessary to pay tithe. But I want to ask, what happened to the tithe they earlier received from members of their various congregations before their newfound discovery? I am yet to see any one of them giving back the tithes they collected before they happened on the new discovery that made tithing obsolete.

“So, my warning to christians who attend churches where the pastor does not pay tithe is to flee because they will end up just as stagnated as the pastor is. Every boss has a boss. This means a pastor must have a father who mentored him. My advice to believers in Christ Jesus is to avoid having anything to do with any pastor that does not have any one he proves sonship to.

“Then, again, I will say this. Like the priest, like the people. Any church that people don’t willingly give, check it very well. It is the problem of the priest who either does not practise covenant principles or arbitrarily spends church money on his personal desires, than on God’s.” he said.

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Presidential Spokesman Goes On Indefinite Leave of Absence

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Ajuri Ngelale, Special Adviser to President Bola Tinubu on Media & Publicity, has announced an indefinite leave of absence.

This decision comes after consulting with his family due to a worsening medical situation at home. Ngelale submitted a memo to the Chief of Staff on Friday, notifying him of his leave.

Ngelale’s leave affects his roles as Special Presidential Envoy on Climate Action and Chairman of the Presidential Steering Committee on Project Evergreen.

He expressed hope to return to full-time national service when circumstances permit. The leave of absence takes effect immediately, with no specified date for his return.

“I look forward to returning to full-time national service when time, healing, and fate permit,” Ngelale said. He respectfully asked for privacy for his family during this challenging time.

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