Kemi Olaitan in Ibadan
The Odu’a Investment Company Limited has recorded its profit-after-tax of N5.203 billion for the 2020 fiscal year despite the emergence of COVID-19 pandemic.
This is an increase of 11.5 per cent of the N4.665 billion profit recorded in 2019.
Odua group is owned by Oyo, Osun, Ogun, Ondo, Ekiti and Lagos States
The Chairman, Board of Directors of the company, Dr. Segun Aina, while addressing shareholders at its virtual Annual General Meeting (AGM) zoomed from its head office, Cocoa House, Ibadan, Oyo State, yesterday, said the board approved a dividend of N364 million to its shareholders, which is an increase of 14 per cent over previous year.
Dike Onwuamaeze
Zenith Bank Plc has been named the Best Commercial Bank in Nigeria in the World Finance Banking Awards 2021.
The award, which was announced in July 2021 edition of the World Finance Magazine, was based on individual banks’ ability to adapt to a continually evolving technological environment while maintaining top-class customer relations and bolstering their financial footing amidst the upheaval of the COVID-19 pandemic.
Commenting on the award, the Group Managing Director/Chief Executive of Zenith Bank Plc, Mr. Ebenezer Onyeagwu, was quoted in a statement yesterday, to have said: “This recognition reflects our resilience and ability to adapt to a very challenging macroeconomic environment exacerbated by the COVID-19 pandemic, as well as our commitment to creating value for our teeming customers through our best-in-class service and innovative products and solutions.”
By Itohan Abara-Laserian
Lagos, July 14, 2021 Zenith Bank Plc has been named âBest Commercial Bank in Nigeriaâ at the World Finance Banking Awards 2021, as published in the July edition of the World Finance Magazine.
The Group Managing Director/Chief Executive of Zenith Bank Plc, Mr Ebenezer Onyeagwu announced the award in a statement made available to newsmen on Wednesday, in Lagos.
Onyeagwu said the award was based on individual banksâ ability to adapt to a continually evolving technological environment, while maintaining top-class customer relations and bolstering their financial footing amidst the upheaval caused by the COVID-19 pandemic.
The recognition reflects the resilience and ability to adapt to a very challenging macroeconomic environment exacerbated by the COVID-19 pandemic, he said.
Against the background of their recent performance, the men and women’s basketball teams of Nigeria are highly favoured to deliver at the Tokyo Olympics.
The Ministry of Sports yesterday noted that Zenith, Access and Guarantee Trust (GT) banks responded in a timely fashion to the appeal by the Minister for corporate organizations to adopt the national teams.
While D’Tigers got $100,000, D’Tigress also got $100,000 as support to prosecute their participation at the Tokyo 2020 Olympics.
The Ministry also expressed its appreciation to the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, who was central to the process leading to the adoption.
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