Zenith Retains Top Spot as Nigeria’s Number One Bank By Tier-1 Capital for 14 Straight Years Kayode Tokede Zenith Bank Plc has retained its ranking as the number one bank in Nigeria by tier-1 capital in the 2023 Top 1000 World
Banks’ Rankings, published by The Banker Magazine. For the fourteenth year in a row, the bank has held its position as the number one Tier-1 bank in Nigeria, emerging as the 467th
Bank globally with a Tier-1 Capital of $2.54 billion. The rankings, published in the July 2023 edition of The Banker Magazine of the Financial Times Group, United Kingdom, were
based on the 2022 year-end Tier-1 capital of banks globally. The rankings continue to be the primary source for global bank financials and are used by most international organisations in their
assessments of banks. Zenith Bank’s financial performance for the year was bolstered by an impressive double-digit growth of 24 per cent in gross earnings, leading
to an improved market share in both the retail and corporate segments of the market. This occurred despite Continued on page 5
Adeleke was Underrated, Says Oyo Ex-Governor, Olunloyo... Page 9 Monday 3 July, 2023 Vol 28. No 10309. Price: N250
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COAS, Lagbaja, Urges Nigerians to Pray for Nation, Military WALE TINUBU’S MOTHER CELEBRATES 80TH BIRTHDAY… L-R: Chairman of Geregu Power Plc, Femi Otedola; President of the African Export-Import Bank, Prof. Benedict Oramah; Celebrant, Mrs. Bintu Fatima Tinubu; her son and CEO/MD Oando Plc, Adewale Tinubu; Director of Quits Hospitality Limited, Sam Iwuajoku, and Chairman, BUA Group, Rabiu Samad Rabiu, during Mrs. Tinubu's 80th birthday reception at Eko Hotels, Victoria Island, Lagos... yesterday KUNLE OGUNFUYI
The Chief of Army Staff (COAS), Major General Taoreed Lagbaja, has enjoined troops of the Nigerian Army to complement their military effort with prayers for the success of the Army in Continued on page 11
FG: We Reject EU’s 2023 Elections Observation Report on Nigeria Says report biased, flawed, borne out of inadequate coverage Atiku’s aide: Report shows Tinubu rigged poll, lambasts presidency EU's account corroborates our position, international observers, says Labour Party Deji Elumoye in Abuja The presidency has flayed the European Union (EU) Election Observation Mission (EOM) report on the 2023 general election, saying it is an attempt to ridicule the Nigerian electoral system and its umpire, the Independent National Electoral Commission (INEC). However, Special Assistant on Public Communication to Atiku Abubakar, the Peoples Democratic Party (PDP) presidential candidate in the election, Phrank Shaibu, hailed the EU Election Monitoring Group for stating in its report that the last election was, indeed, fraught with electoral irregularities and failed to meet the minimum standard of credibility. Shaibu lambasted President Continued on page 5
ABDULRAZAQ LEADS DURBAR CULTURAL CELEBRATION… L-R: Emir of Ilorin Alhaji Ibrahim Sulu Gambari (left); exchanging pleasantries with the Kwara State Governor AbdulRahman AbdulRazaq (right); during the grand Durbar celebration, in Ilorin...recently