Fidelity Bank Supports Temile Development Company To Boost Nigeria’s Gas Revenues

 In a comprehensive report by RALD NEWS MEDIA, it has been revealed that Temile Development Company Ltd., a prominent indigenous participant in the oil and gas industry, has recently achieved a significant milestone in Nigeria's domestic gas sector. The company has successfully commissioned a state-of-the-art 23,000 cubic meters Liquefied Petroleum Gas (LPG) Carrier, named "Alfred Temile 10." This achievement is not only a testament to Temile Development Company's prowess in the industry but also a noteworthy advancement for Nigeria's energy landscape.

The inauguration ceremony for the ultramodern LPG Carrier took place at the Hyundai Mipo Dockyard in Ulsan, South Korea, underscoring the global collaboration involved in such major undertakings. Fidelity Bank Plc, a distinguished Nigerian financial institution, played a crucial role in this venture by providing partial sponsorship for the project. This underscores the collaborative efforts between the private sector and the financial industry to foster advancements in vital sectors like energy.

The event was attended by several dignitaries, highlighting the significance of this achievement. Notable personalities present included Mallam Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd. (NNPC); Dr. Nneka Onyeali-Ikpe, the Managing Director/Chief Executive Officer of Fidelity Bank Plc; Hon. Ekperikpe Luke Ekpo, the Minister of State for Petroleum Resources (Gas); Ambassador Ferdinand Nwonye, Charge d'Affaires Ad Interim, Nigerian Embassy in South Korea; and Engr. Felix Omatsola Ogbe, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB).

Mallam Mele Kyari commended the company for its remarkable achievement, acknowledging the global shift towards cleaner energy sources. He stated, "Today, clean energy is everything because the whole world is transitioning to cleaner fuel. In our country, biomass is the major source of energy, and I know that the efforts we are making collectively and with this effort by Temile Group will enhance our ability to produce cleaner energy."

Dr. Nneka Onyeali-Ikpe echoed these sentiments, emphasizing the importance of the commissioned vessel in supporting Nigeria's commitment to cleaner energy sources. She noted, "This commissioning is a landmark achievement for Nigeria as the vessel would further support the nation’s drive to utilize cleaner energy sources, especially as the world transitions to environmentally friendly energy options."

Fidelity Bank Plc's continued support for such projects was highlighted during the event. This marks the second instance of the bank providing partial financing for a venture of this nature, showcasing its commitment to fostering growth in the energy sector.

Mr. Alfred Temile, the CEO of Temile Development Company, expressed his elation and sincere gratitude for the substantial support and cooperation received from NNPC Ltd. and other stakeholders throughout the project. This accomplishment not only reflects the success of a private entity but also signifies collaborative efforts towards sustainable and cleaner energy solutions in Nigeria.

In conclusion, RALD NEWS MEDIA's detailed coverage brings to light the significance of Temile Development Company's achievement, emphasizing the collaborative efforts and financial support from entities like Fidelity Bank Plc. This commissioning not only marks a milestone for the company but also contributes to Nigeria's broader goals in advancing its domestic gas industry and promoting cleaner energy alternatives.

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Unity Bank Customer Wins N1m in CashToken Rewards Promo

From Left: Eghomwanre Iyamu, Head, e-Business; Aisha Lawan Gana, Regional Manager, Kano North; Mahmoud Ibrahim, Regional Manager, Kano South; Prize Winner, Musa Dayyabu; Patricia Irhegbe, e-Business Sales, North West; and Aminu Moyi, Zonal Head, North West 1 during the official cheque presentation to the winner in Kano recently. 

A Unity Bank customer, Mr. Musa Dayyabu, has emerged winner of One Million Naira in the ongoing cash reward Promo by Unity Bank Plc and CashToken Rewards Africa. CashToken Rewards Africa is a Cash-Reward-as-a-Service company that rewards customers for patronage and loyalty.

From Left: Eghomwanre Iyamu, Head, e-Business; Aisha Lawan Gana, Prize Winner, Musa Dayyabu; and Aminu Moyi, Zonal Head, North West 1 during the official cheque presentation to the winner in Kano recently. 

Mr. Dayyabu, a customer of the Bank from Bello Road Branch, Kano, won the cash prize after he activated his Unity Bank Verve card and having carried out transactions, received CashTokens and qualified for the weekly national consumer draw. It was in this draw, he emerged as the lucky winner of One Million Naira cash.  

The Unity Bank and CashToken Rewards promo launched in November 2023, is a cash reward program that offers guaranteed instant cash and a life-changing opportunity designed to reward loyal customers of the Bank who onboard and transact on any of the Bank’s electronic payment platforms, including the Unifi mobile banking application, the *7799# USSD platform. 

The program, which will run until the end of February is open to all customers. Each card transaction earns customers CashTokens, which qualifies the customer to enter into the weekly national consumer draw where they stand a chance to win from N5K -N100M Naira.

The winner, Mr. Musa Dayyabu poses with his cheque after presentation. 

Presenting the cheque to the winner in Kano on Tuesday, Unity Bank’s Head of E-Business, Eghomware Iyamu congratulated the winner and reiterated the Bank’s commitment to create a sustainable loyalty platform for customer engagement and satisfaction.

Iyamu said, “We celebrate our customers for their loyalty to the Unity Bank and for being part of the ongoing Unity Bank and CashToken Rewards promo. The cash prize being presented today is just the beginning, we, therefore, look forward to having more winners from this programme. Let more and more people get on the Unity Bank's digital banking, transact on the different platforms and they will equally be rewarded.”

He added, “The collaboration between Unity Bank and CashToken Rewards Africa will continue to create an unmatched customer experience. By tapping into CashToken Reward's exceptional reward platform, Unity Bank customers can continue to anticipate generous cash rewards, transforming every interaction with the bank into a truly rewarding experience.”

Also commenting on the development, the Chief Business Development officer for CashToken Rewards Africa Africa, Simi Adeoye commended the customers of Unity Bank for the impressive number of onboarding and transactions in the build-up to the weekly draw held in the campaign period, adding that "with opportunities to win life-changing cash of up to N100M, the assurances of the transparent process will constantly be upheld to spread the benefits of the reward scheme to deserving customers".

"The prospects of having more winners in the ongoing exercise is keeping the steam in the collaboration between the Bank and CashToken Rewards Africa," Simi quips.

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Fidelity Family Weekend Thrills Families For Two Day

In alignment with its commitment to delivering lifestyle banking solutions and creating lasting memories for its clientele, Fidelity Bank Plc recently played host to a festive celebration known as the Fidelity Family Weekend (FFW). The event, held at the vibrant Fidelity Grounds in Oniru, Lagos, attracted over 10,000 attendees on Saturday, December 16, and Sunday, December 17, 2023.

Dubbed a carnival-like extravaganza, the FFW featured a special morning ceremony for young children, parents, and grandparents, including a loyalty prize presentation for SWEETA and FPSS accountholders. Numerous lucky customers from these categories walked away with cash prizes, with FPSS and SWEETA customers receiving N500,000 and N150,000, respectively.

Expressing gratitude for the bank's successful year, Dr. Nneka Onyeali-Ikpe OON, the Managing Director/Chief Executive Officer of Fidelity Bank Plc, spoke at the loyalty prize presentation ceremony. She shared, "We decided to try another approach and bring together the entire family in celebration of Yuletide. We are happy to host you and have put in place lots of exciting activities to keep everyone engaged over the next two days."

The first day of the event culminated in a festive lighting of the Christmas tree by Dr. Onyeali-Ikpe, accompanied by exhilarating musical performances by Alternate Sound and Sean Tizzle. The following day featured various games, a visit to Santa's grotto, and goodie bags filled with functional and educational items for the children. The festivities continued with a lineup of entertaining activities, including performances by Peruzzi and Niniola, on the second day.

Fidelity Bank, recognized as one of Nigeria's premier banks, boasts over 8 million customers serviced through its 251 business offices in Nigeria and the United Kingdom, as well as digital banking channels. The bank has earned numerous accolades, including Export Finance Bank of the Year at the 2023 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, Best Payment Solution Provider Nigeria 2023, and Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards, among others.

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Polaris Bank CEO, Sonola Advocates Legal Reforms For Economic Growth At NBA Summit

 In a recent address at the Annual Law Dinner of the Nigerian Bar Association (NBA), Lagos branch, Polaris Bank's CEO, Adekunle Sonola, urged the Nigerian government to prioritize legal policy and reforms for sustained economic growth. The event, themed "Favourable Investment and Business Environment Through Legal Policy & Reforms," provided a platform for Sonola to underscore the crucial role of legal frameworks in shaping a conducive environment for investments and business development.

Sonola delved into the prevailing challenges within the investment and business climate, including high-interest rates, security concerns, and infrastructure deficits. He emphasized the nexus between legal activities and day-to-day business operations, pointing out their profound impact on overall competitiveness.

Highlighting key challenges within the legal system, Sonola addressed prolonged dispute resolution times, a backlog of cases, and manual court processes. He articulated concerns about inadequate remuneration for judges, obstacles in the administration of laws, and the imperatives for improved law enforcement. Sonola proposed recommendations for comprehensive legal policy and reforms, including a thorough review of laws governing business ownership, streamlined taxation processes, and improved immigration procedures. He stressed the need for social embeddedness, increased accessibility, and the incorporation of automation to modernize the legal framework.

Looking to the future, Sonola underscored the perpetual need for legal reforms to align with the dynamic economic and social landscape. He concluded with a positive outlook, noting that effective legal frameworks are pivotal for business growth, attracting investments, and fostering the overall economic well-being of Nigeria.

Chairman of Lagos NBA, Olabisi Makanjuola, commended members of the branch for their support and described the Annual Law Dinner as a tradition fostering goodwill between the Bar and the Bench. He expressed appreciation to Polaris Bank CEO, Adekunle Sonola, for delivering the lecture and acknowledged sponsors of the event. The Chairman of the NBA Lagos Dinner Committee, Adeleke Alex-Adedipe, thanked stakeholders for their support and commended committee members for their dedication, leading to a well-organized dinner. The event also featured the presentation of certificates of recognition to distinguished members of top law firms and current and retired Jurists, warmly acknowledged by those present.

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Zenith Bank Makes World Finance 100 Listing For 2023…

Zenith Bank Plc Attains Exclusive Recognition in World Finance 100 2023

In a monumental achievement, Zenith Bank Plc has secured its position in the prestigious World Finance 100 2023, as revealed by World Finance Magazine. The bank stands as the sole Nigerian representative in this elite listing, highlighting its exceptional accomplishments and resilience in the globally competitive market.

The World Finance 100 honors companies that have excelled across various fields, emphasizing excellence in their respective domains. Zenith Bank's inclusion in this exclusive list underscores its status among the global business elite, sharing the spotlight with industry giants such as Apple, Amazon, and Alphabet.

Dr. Ebenezer Onyeagwu, the Group Managing Director/CEO of Zenith Bank, expressed pride in the exclusive recognition, attributing it to the bank's unwavering commitment to stakeholders, innovative spirit, and sustained growth amid economic challenges. He acknowledged the visionary leadership of Jim Ovia, CFR, the Founder and Chairman of Zenith Bank, and credited the board, dedicated staff, and loyal customers for their contributions to the bank's exceptional performance.

Zenith Bank remains a key player in Nigeria's economic development, continually delivering cutting-edge financial solutions to its diverse clientele. The bank's outstanding track record includes numerous awards, with the latest recognition adding to its impressive accolades, including being named the Number One Bank in Nigeria by Tier-1 Capital for the 14th consecutive year. Other notable awards include Best Commercial Bank in Nigeria, Best Corporate Governance Bank in Nigeria, and Most Sustainable Bank in Nigeria.

The bank's commitment to excellence extends across various categories, solidifying its position as a leader in the financial industry and garnering recognition both nationally and internationally. Zenith Bank's consistent performance underscores its dedication to setting industry standards in financial performance, corporate governance, and financial stability.

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