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EBENEZER ONYEAGWU: Taking Zenith Bank to the Zenith

MONEY Regardless of the challenging macroeconomic environment brought about by the COVID-19 pandemic among others, Zenith Bank under the leadership of its Group Managing Director, Ebenezer Onyeagwu, has maintained its leadership position, writes Oluchi Chibuzor Last month made it two years since Mr. Ebenezer Onyeagwu assumed the position of Group Managing Director/CEO of Zenith Bank Plc. Despite the very challenging macroeconomic environment brought about by the COVID-19 pandemic, which had a significant deleterious impact on businesses globally, Onyeagwu has demonstrated that he has a midas touch considering the strong financial performance the bank continues to churn out. Rated on key parameters such as asset quality, profitability and return to investors, Zenith Bank’s track record has been impressive.

NDIC to Pay Liquidation Dividends

The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence payment of liquidation dividends to uninsured depositors, creditors and shareholders of additional 14 banks in-liquidation. In a statement by the Director, Communication and Public Affairs Department, Bashir Nuhu, the NDIC stated that while stakeholders of eight closed banks are to receive their first round of liquidation dividend payments, those of the other six are to be paid additional sums due to them as part of their liquidation dividends. The NDIC listed the banks as City Express Bank, All States Trust Bank, Allied Bank, Commerce Bank, North South Bank, Cooperative and Commerce Bank and Nigeria Merchant Bank.

NDIC begins liquidation dividends payment to depositors in 14 closed banks

NDIC begins liquidation dividends payment to depositors in 14 closed banks
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