Connect with us

News

Zenith Bank Named Nigeria’s Best For Fifth Time In Six Years

Published

on

Zenith Bank Named Nigeria’s Best For Fifth Time In Six Years

Zenith Bank Plc has secured the “Best Bank in Nigeria” title at the Global Finance Best Banks Awards 2025, marking its fifth victory in this category over six years.

The Nigerian financial institution was recognized alongside winners from 36 African nations in Global Finance’s 32nd Annual Best Bank Awards program.

This year’s recipients demonstrated exceptional customer focus during challenging market conditions while achieving robust financial performance and establishing groundwork for continued growth. Award-winning institutions skilfully navigated asset and liability management amid volatile interest rate environments.

Global Finance’s editorial team determined the winners through comprehensive discussions with corporate finance leaders, banking professionals, industry consultants, and analysts from around the world.

The selection process incorporated both measurable and evaluative factors.

Quantitative measures included asset growth, profit performance, market presence, partnership strategies, business expansion initiatives, and product innovation. Qualitative assessments drew from insights provided by equity researchers, credit analysts, banking advisors, and other industry professionals.

Responding to the recognition, Zenith Bank’s Group Managing Director/Chief Executive, Dame (Dr.) Adaora Umeoji, OON, said, “We are thrilled to retain our position as the Best Bank in Nigeria for the fifth year since 2020.

“This achievement is a testament to our unwavering commitment to delivering exceptional customer service, innovative financial solutions, and dedication to serving our customers with efficiency and a strong focus on corporate governance.

“We will continue to invest in our people, technology, and processes to ensure that we consistently maintain the highest level of service delivery”.

She acknowledged key contributors to the bank’s success, including founder and Chairman Jim Ovia, CFR, for his forward-thinking leadership in building a lasting institution, the Board of Directors for their ongoing oversight, employees for their dedication, and customers for their continued trust in Zenith Bank.

Joseph D. Giarraputo, publisher and editorial director of Global Finance, said, “Global banking continues to adapt and evolve, meeting challenges and capitalizing on opportunities with resilience and innovation. AI has quickly taken a pivotal role in the transformation of banking, and its growth promises to reshape the financial sector at an unprecedented pace.” He added that: “Global Finance’s Best Bank Awards honour financial institutions that excel in diversity of offerings, long-term stability, and technological innovation.”

The Global Finance “Best Banks Awards” program holds significant prestige among international banking, finance, and corporate leaders, recognized as highly sought-after honours within the banking sector. Winners are selected across 150 countries and territories spanning Africa, Asia Pacific, the Caribbean, Central America, Central & Eastern Europe, Latin America, the Middle East, North America and Western Europe.

Established in 1987, Global Finance consistently identifies leading performers among banks and financial service providers, with these awards becoming a benchmark for excellence within the international financial community.

Zenith Bank’s consistent strong performance has generated multiple accolades, including recognition as Nigeria’s top bank by Tier-1 Capital for fifteen straight years in The Banker Magazine’s 2024 Top 1000 World Banks Ranking.

Additional honours include Bank of the Year (Nigeria) recognition in The Banker’s awards for 2020, 2022 and 2024; Best Bank in Nigeria designation from Global Finance World’s Best Banks Awards for 2020-2022 and 2024; Best Bank for Digital Solutions in Nigeria at the Euromoney Awards 2023; and inclusion in World Finance’s Top 100 Global Companies list for 2023.

News.ng

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

BREAKING: Court Sentences Nnamdi Kanu To Life Imprisonment

Published

on

Justice James Omotosho of the Federal High Court, Abuja, has sentenced the leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu.

Naija News reports that Justice had earlier convicted Kanu on all seven counts levelled against him by the Federal Government.

The judge sentenced Kanu to life imprisonment for count 1, 2, 4,5, and 6.

He also sentenced Kanu to 20 years forcount 3 without option of fine.

The Judge sentenced Kanu to five years in prison on count seven without option of fine.

Justice Omotosho ruled that he should not be kept in Kuje prison. He forfeited Nnamdi Kanu’s radio transmitter and barred him from access to social media.

More are still coming

Continue Reading

News

Just In: FG Urges Court To Impose Death Sentence On Nnamdi Kanu

Published

on

The Federal Government has urged the Federal High Court in Abuja to impose the death sentence on the detained leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, following his conviction on all seven terrorism counts.

The request was made on Thursday by the FG’s lead counsel, Chief Adegboyega Awomolo (SAN), shortly after Justice James Omotosho found Kanu guilty of all charges preferred against him.

Awomolo, addressing the court after the verdict, argued that the severity of Kanu’s actions merited the maximum penalty under the law.

The senior lawyer insisted that Kanu committed “many illegalities” and should not be treated with leniency.

Awomolo further reminded the court that four of the seven counts on which Kanu was convicted carry the death sentence under Nigeria’s terrorism laws.

He urged Justice Omotosho to take this into account in determining the appropriate punishment.

“It will not be considered justice that he is isolated and punished lightly in a country where we have Boko Haram, ISWAP, Lakurawa, et cetera,” he argued.

According to the prosecution, Kanu’s actions were as destabilising as those of other violent groups and should be treated with equal seriousness.

Awomolo also urged the judge to ensure that Kanu is kept in a secure correctional facility pending the court’s final pronouncement on sentencing.

He stressed the need to prevent any disruptions or security breaches involving the IPOB leader while the sentencing process is underway.

Kanu was earlier found guilty of inciting violence, ordering attacks on security personnel, calling for killings, and issuing threats capable of terrorising the public, all captured in broadcasts tendered as evidence by the prosecution.

Continue Reading

News

Court Finally Delivers Judgement In Nnamdi Kanu’s Terrorism Case

Published

on

Justice James Omotosho of the Federal High Court, Abuja, has delivered his ruling in the case between the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, and the Federal Government.

Naija News reports that the judgement was given in Nnamdi Kanu’s absence after the judge had ordered security operatives to kick him out of the court over his unruly behaviour.

Nnamdi Kanu had earlier stated that the Federal High Court sitting in Abuja does not have the jurisdiction to try him.

The separatist, who has been in custody since 2021, faced seven terrorism-related charges bordering on alleged incitement, running an unlawful group, and acts threatening national security.

The IPOB leader contended that the Terrorism Prevention and Prohibition Act, under which he is being prosecuted, has been repealed.

He urged the court to strike out the charges, describing them as “disclosing no offence known to law” and therefore invalid.

Kanu also requested that the court nullify the “purported plea of not guilty” entered on his behalf, claiming it was obtained through deception and contrary to a Supreme Court ruling.

He further asked the court to set aside all subsequent proceedings and order his immediate release.

“My contention is very simple: this court lacks jurisdiction to try me,” he said.

Delivering ruling on Thursday, Justice Omotosho ruled that the court has the authority to preside over the Nnamdi Kanu case.

The judge also stated that the matter of extradition has been settled by the Supreme Court, and he ruled against Kanu in this regard.

On the issue of fairness in the hearing for Nnmadi Kanu, Omotosho ruled against the IPOB leader, stating that the court ensured he received a fair hearing.

On the defendant not entering his defence, Justice Omotosho said: “I begged the defendant passionately to enter his defence, but he remained obsolete. That shows that he chose to rest his case on the prosecution. Which is a gamble and a risky action.”

The court found Nnamdi Kanu guilty and convicted him of count 1 in the charges filed against him by the federal government.

The Judge said: “The court will rely on the uncontroverted evidence of the prosecution. This court, therefore, finds that the prosecution has discharged Count 1 beyond reasonable doubt. Consequently, the defendant (Kanu) is hereby convicted in respect of Count 1.”

More judgement is being read and this report will be updated as it comes in…….

Continue Reading

Trending