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The 7th Annual Edition of the Zenith Bank International Trade Seminar will be held on Wednesday, July 20, 2022, at the Civic Centre, Victoria Island, Lagos, and virtually by 9.00 am. The seminar, themed “Unlocking Opportunities in Nigeria’s Non-Oil Export Business”, is part of Zenith Bank’s efforts to support the Central Bank of Nigeria (CBN) initiatives to grow the country’s non-oil export sector. 

 

The seminar will draw participation from trade practitioners, local and foreign exporters, manufacturers, financial institutions, and government agencies. This forum would provide an opportunity for all participants, including relevant government agencies, to explore ways to unlock the immense opportunities in Nigeria’s Non-Oil Export Sector.

 

The Export Seminar will feature a welcome address by the Group Managing Director of Zenith Bank Plc, Ebenezer Onyeagwu, while the Keynote Speaker is Aliko Dangote, GCON, President & Chief Executive of Dangote Group. Goodwill messages will be delivered by very eminent individuals, including the Founder and Chairman, Zenith Bank Plc, Jim Ovia, CON; Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, CON; Secretary General, African Continental Free Trade Area (AfCFTA), His Excellency, Wamkele Mene; and President/Chairman, African Export-Import Bank, Prof. Benedict Okey Oramah.

 

There will be three panel discussions during the seminar. The first panel, titled “Unlocking Opportunities in Nigeria’s Non-Oil Export Business: Operators/Practitioners’ Perspectives”, will focus on the value chain and prospects of the non-oil export sector and has five discussants, including the Managing Director, GACON Ltd, HRM Adaku Chidume Okoro; Managing Director, WACOT, Bibhu Nanda; Group Managing Director, Tulip Cocoa, Johan Van Der Merwe; Managing Director, First Patriot, Santosh Phenany; and Managing Director, Starlink Global & Ideal Ltd, Alhaji Adeyemi M. Adeniji.

 

The second panel, titled “Funding/Logistics/Government Support for the Non-Oil Export Sector”, will explore the availability of long-term funds, insurance & reinsurance, and risk-sharing mechanism for the non-oil export sector. The panel has five discussants, including the Managing Director/CEO, Bank of Industry, Mr Olukayode Pitan; Director, Development Finance of the Central Bank of Nigeria, Yusuf Philip Yila; Managing Director, West Africa Container Terminal, Naved Zafar; Managing Director, Nigerian Ports Authority, Mr. Mohammed Bello-Koko; and the Comptroller-General, Nigeria Customs Service, Col. Ibrahim Hameed Ali (Rtd).

 

The third panel discussion, titled “The ABC of Non-Oil Export”, will focus on the pitfalls in the non-oil export business, standardisation and grading of primary export products, as well as the export of services, especially the burgeoning Nigerian creative industry. The panel also has five discussants, including a well-respected trade expert, Mr Olusegun Awolowo; Founder/CEO, Flutterwave, Agboola Olugbenga; Chairman/CEO, Colossus Investment, Mr Babatola Faseru; President, Manufacturers Association of Nigeria, Segun Ajayi; and Senior Consultant, 3T Impex Trade Centre, Mr Bamidele Ayemibo.

 

The seminar will be live on Zoom and YouTube. To connect on Zoom, simply visit www.zenithbank/exportsem to register. After registering, you will receive a confirmation email. You can also watch live on YouTube via the link: https://bit.ly/ZBTradeSeminarLive.

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Zenith Bank Refunds N3.23m To Angry Customer Chiamaka Agim

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A leading Nigerian commercial bank, Zenith Bank has returned N3.23 million to Chiamaka Agim, a Lagos State resident whose N4.039 million was erroneously deducted on January 9.

 

According to reports, Zenith Bank had previously informed Agim that she would only receive N800,500 of the N4,039,900 that had been debited.

 

But on Monday, January 16, in the evening, the bank sent back N3,239,400.

 

Recently, the Zenith Bank client shared a post about the refund on her Twitter page.

 

 

Agim reported that on that Monday, the bank contacted her to provide an update on the refunded money.

 

“After the event, they had to put my account on pause, so I didn’t get any alerts,” the user said. I was told to visit the bank the next day,” she recalled.

 

“They had credited my account with N3,239,400 around 7.30 pm on Monday,” the customer said. “My account statement was printed when I got to the bank.”

 

She claimed to have discovered that Access, one of the two banks to which the funds were transferred, still held the remaining N800,500.

 

Zenith Bank stated that Access Bank is now withholding the funds and that it is not their fault at this time. They said Access Bank stated that the funds would not be released without a court order.

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UBA Appoints Abiola Bawuah CEO,UBA Africa

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The Board of Directors of the United Bank for Africa Plc has announced the appointment of Mrs. Abiola Bawuah, as Chief Executive Officer (CEO) of UBA Africa.

 

According to a statement y the bank, Bawuah will also join the Group Board as an Executive Director, overseeing the Group’s operations across the African continent, outside Nigeria.

 

Bawuah, a Ghanaian national, is the first female CEO of UBA Africa.

 

Prior to her appointment, she was Regional CEO, West Africa, supervising the Group’s operations in nine subsidiaries, including Benin, Burkina Faso, Cote d’Ivoire, Ghana, Guinea, Liberia, Mali, Senegal, and Sierra Leone. She previously held the role of CEO, UBA Ghana.

 

Speaking on the new appointment, the Group Board Chairman, Mr Tony O. Elumelu, said, “Abiola has contributed significantly to the growth of UBA Africa for close to a decade. She brings a wealth of experience in commercial banking, and stakeholder engagement. It also gives me great pleasure that with her appointment, the UBA Group Board has now become a majority female board.”

 

The UBA Group also announced other appointments.

 

Chris Ofikulu was appointed the Regional CEO of UBA West Africa.

 

A statement by the bank said Ofikulu has over two decades of banking experience spanning corporate, commercial, and retail banking.

 

Similarly, Uzoechina Molokwu was appointed as Deputy Managing Director (DMD) of UBA Ghana, subject to local regulatory approvals. He was previously the Executive Director, Business Development – UBA Côte d’Ivoire and has over 23 years banking experience.

 

Ayokunle Olajubu was also announced as the Managing Director/CEO UBA Liberia, subject to local regulatory approvals. He currently drives compliance across Africa subsidiaries and comes with 30 years banking experience in Nigeria and other African countries, including Sierra Leone, Cote D’Ivoire and the Gambia.

 

Other appointments include that of Theresa Henshaw who was appointed as CEO of UBA UK, subject to local regulatory approvals. She was previously the DMD, Business Development, UBA America and joined the Group as ED, Business Development at UBA UK.

 

Usman Isiaka, currently CEO, UBA Sierra Leone, has also been appointed the Deputy CEO in UBA America, subject to local regulatory approvals.

 

Adeyemi Adeleke, the former CEO of UBA, UK is now the Group Treasurer. Adeleke will be working to unlock the immense value in the Group’s multi-jurisdictional balance sheet, leveraging on its presence in 24 countries within and beyond Africa.

 

In addition to the executive appointments, UBA has announced the retirement of High Chief Samuel Oni, an independent non-executive Director, from the board following the expiration of his tenure. He joined the UBA Group in January 2015 and served on the Board of the Group for eight years.

 

The Group Chairman, Mr Elumelu, expressed his appreciation to High Chief Oni, for his commitment, leadership and extensive contributions to the UBA Group and on behalf of the Board, wishes him the very best in all his future endeavours.

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