Ebenezer Onyeagwu Emerges Best Banking CEO in Africa in International Banker Awards
Oluchi Chibuzor
The Group Managing Director/ Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu has been named ‘Best Banking
CEO of the Year in Africa’ in the International Banker 2023 Banking Awards. The award, published in the Spring 2023 Issue of the International Banker Magazine,
saw Onyeagwu honoured alongside other individuals and banks from the Middle East and Africa. Expressing gratitude over the recognition, Onyeagwu, in
a statement yesterday, commended Publishers of the International Banker for considering him a fitting recipient of the ‘Best Banking CEO of the Year in Africa’ award.
He stated, “This award reflects the bank’s position as a leading financial institution in Nigeria and the African continent. It also attests to our commitment to principles of sustainability and
high ethical standards, which have become integral to our overall strategy as an institution.” He dedicated the award to Continued on page 5
PwC: Why Local Refining Won’t Crash Fuel Prices... Page 10 Monday 5 June, 2023 Vol 28. No 10281. Price: N250
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Bandits Kill Scores in Sokoto over Refusal to Pay Imposed Levy...
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NNPC Ends Crude Swap Contracts with Foreign Refiners
Says private marketers may resume petrol importation this month IPMAN: For subsidy removal to make sense, FG must break national oil company’s monopoly on importation
Emmanuel Addeh in Abuja APeter Uzoho in Lagos
Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, Mallam
Mele Kyari, says the company has terminated its crude-for-petrol swap deal, otherwise called Direct Sale
Direct Purchase (DSDP) contracts, with foreign refiners and consortia of traders.
Kyari spoke at the weekend during petrol imports. He also revealed that an interview with Reuters. He said Continued on page 5 NNPC would now pay cash for
NLC Absent as FG, TUC Agree on Wage Increase to Cushion Effects of Subsidy Removal
Trade union centre presents list of demands to govt FG: Demands not impracticable, to set up tripartite committee Parties to reconvene tomorrow to finalise discussion NNPC lacks power to fix petrol price, NLC insists Maintains there's appropriation for subsidy till end of June Declares no division among its members ahead of strike Electricity, judiciary workers mobilise for planned nationwide strike PDP urges Tinubu to engage labour, blames FG for lack of adequate consultation Apologise to Jonathan, Okonjo-Iweala, Obi, Atedo Peterside tells Tinubu, others
Deji Elumoye, Chuks Okocha, Onyebuchi Ezigbo, Sunday Aborisade in Abuja, Raheem Akingbolu and Peter Uzoho in Lagos Nigeria Labour Congress (NLC) was absent yesterday at the reconvened meeting between the federal government and representatives of the organised labour centre at the State House, Abuja. The first meeting held last Wednesday to discuss the contentious issue of withdrawal of fuel subsidy by the federal government was attended by representatives of both NLC and Trade Union Congress (TUC). But at the reconvened meeting yesterday, representatives of NLC did not turn up, just as TUC presented its demands to government, with minimum wage review topping the list. President of NLC, Joe Ajaero, while speaking in an interview on ARISE News Channel, yesterday, Continued on page 5
FG, TUC TEAMS HOLD TALKS ON SUBSIDY…
R-L: Senator-elect, Edo-North senatorial district, Adams Oshiomhole; CBN Governor, Godwin Emefiele; a former Commissioner of Information in Lagos State, Mr. Dele Alake; newly appointed Secretary to the Government of the Federation, George Akume, and GCEO of NNPCL, Mele Kyari during FG /TUC meeting on the removal of fuel subsidy held at the Presidential Villa, Abuja... yesterday GODWINOMOIGUI