With Onyeagwu, Zenith Bank Set for Next Growth Phase Obinna Chima Zenith Bank Plc yesterday announced the appointment of Mr. Ebenezer Onyeagwu as the Group Managing Director/ CEO of the bank as it enters its next phase of growth. The appointment which
becomes effective from June 1, 2019, is however subject to the Central Bank of Nigeria (CBN) approval. Onyeagwu replaces Mr. Peter Amangbo, whose tenure expires on May 31, 2019. Amangbo leaves the bank at the end of a very successful
career built on integrity spanning over 27 years, with the last five years as GMD/ CEO. A statement from the bank explained that the appointment was consistent with its tradition and succession strategy of grooming leaders
from within. Onyeagwu is a vastly experienced banker and financial expert, trained in reputable institutions of learning in Nigeria, the United Kingdom and United States of America. He is an alumnus of the
prestigious University of Oxford, England, from where he obtained a Postgraduate Diploma in Financial Strategy, and certificate in Macroeconomics. He also undertook extensive executive level business education in Wharton
Business School of the University of Pennsylvania, Columbia Business School of Columbia University, the Harvard Business School of Harvard University (all in the United States) and Lagos Continued on page 6
US Sanctions, Libyan Crisis Push Oil Price to $70... Page 8 Tuesday 9 April, 2019 Vol 24. No 8765. Price: N250
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Fidelity Bank Realigns, Appoints Joshua, Odeghe, Imman New Executive Directors Goddy Egene As part of corporate realignment and repositioning, the Board of Directors of Fidelity Bank Plc has announced the appointment of three new Executive Directors
(EDs). The board, which met in Lagos recently, approved the appointment of Mr. Gbolahan Joshua as Executive Director/Chief Operations and Information Officer; Mr. Obaro Odeghe, Executive Director,
Corporate Bank, and Mr. Hassan Imman, Executive Director, Northern Directorate. This is, however, subject to the approval of the Central Bank of Nigeria (CBN). A statement from the bank yesterday explained
that Gbolahan would have executive responsibilities for Operations, Technology, Digital Banking, Investor Relations, Strategy and Business Transformation. Odeghe on his part would oversee all the bank’s
corporate banking business covering Energy, Power, Manufacturing, Telecoms, Fast Moving Consumer Goods, Construction and Real Estate. Also, Imman would supervise all Commercial, SME, Consumer and Public
Sector businesses of Fidelity Bank in the North Directorate, comprising 18 states and Abuja. According to the bank, the elevation of the three Continued on page 6
S’Court: We Remain a United Institution Strikes out Abe's appeal on Rivers APC primary Stop intimidating the apex court, APC tells PDP Alex Enumah and Onyebuchi Ezigbo in Abuja The Supreme Court said yesterday that it remains a united institution, denying a report that the reported resignation of the Chief Justice of Nigeria, Justice Walter Onnoghen, had ripped it apart. "It is necessary to state categorically clear that the publication is false and misleading in its entirety. There is no iota of truth in the story, as every word in it only exists in the realm of rumour and mischief,” the Director
of Press and Information, Supreme Court, Mr. Festus Akande, said in a statement. According to the statement, the Supreme Court of Nigeria is one big, indivisible judicial family that is not in any way governed by religious, tribal or parochial influence or sentiments. The statement added that the judicial oath taken by all the justices of the court is “a potent sacred bond that regulates and conscientises the conducts of the judges in the Continued on page 8
Dogara Warns against Imposition of Leadership on Ninth N’Assembly... Page 6
WELCOME TO THE VILLA... President, Dangote Group, Alhaji Aliko Dangote (left), and Vice President Yemi Osinbajo, during Dangote’s visit to the vice president in Abuja… yesterday godwin omoigui