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Heritage Bank, Lawmaker Hold Seminar for JAMB Candidates

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Heritage Bank, Lawmaker Hold Seminar for JAMB Candidates

Heritage Bank, Lawmaker Hold Seminar for JAMB Candidates

By Dipo Olowookere

A one-day seminar was recently held for students intending to write this year’s Joint Admission and Matriculation Board (JAMB) Unified Tertiary and Matriculation Examination (UTME) in Lagos.

The event, sponsored by Heritage Bank Plc and a lawmaker from Lagos State at the National Assembly, had no fewer than 20 schools represented with an average of at least 1,500 students from two local government areas of the state comprising of both government schools and private schools.

The beneficiaries, mainly from Ifako-Ijaiye, were told that the ultimate goal of the seminar was to ensure that the majority of the participants pass this year’s JAMB qualifying examination.

The seminar, which is part of Heritage Bank’s initiative to develop the advancement of education in Nigeria, was held at the weekend at Obawole to commemorate the first 100 days in office of Mr Nurudeen Olaitan Akinwunmi as member of the House of Representatives.

Mr Akinwunmi is representing the Ifako-Ijaiye Federal Constituency at the National Assembly.

Addressing the participants at the occasion, the lawmaker said just like illiteracy, ignorance is a dangerous circumstance because anybody who is ignorant on any issue is not different from an uneducated person.

He stated that excelling in a higher institution admission qualifying examination like JAMB requires more than being brilliant.

“Being sound in the combination of subjects on which questions are to be set may not necessarily translate to being admitted. There are so many issues involved. That is why millions of brilliant candidates who have sat for JAMB up to two, three times have failed to gain admission,” he specified.

“My belief is that while most parents can afford the cost of the JAMB Form, most parents cannot afford to teach what you’ll be taught today,” he said.

Corroborating him, Mr Jide Johnson, one of the facilitators at the forum, advised the audience to ensure they concentrate in their examination.

He said concentration is key to success for any student who would pass in JAMB examinations.

Again, he said they should always bear it in mind that they are going to the examination for a specific purpose and not for fashion show. Bearing this in mind, Johnson charged them to build on their courage as they prepare for this year’s JAMB examination coming up in May.

He stated that it is difficult for any student to understand all the questions in JAMB examinations; however warned them to attempt only those questions they are sure of.

“Answer only those questions you are sure of and leave those you do not understand. You cannot know every question; do the ones you know and leave those you do not understand”, he counselled.

Justifying the Heritage Bank’s support for the seminar, Ms Jake-Biosa Ogechi, team member (Cowry & SME), Heritage Bank, explained that the financial service provider is a bank that loves to work with its partners.

She said the bank decided to stay by the students even before their planned admissions into tertiary institutions with a view to boosting their understanding of the need for saving culture.

Ms Ogechi therefore charged parents, whose children plan to gain admission into higher institutions of learning in Nigeria, to embrace the various banking solutions in the stable of Heritage Bank. According to her, parents should ensure they open Heritage Bank Board Account for their wards; as doing that would make financial communication easy between them and their children.

She said there are several other banking solutions like HB Tier 1 Account and YIEDP Intervention Scheme that Heritage Bank has developed for the benefit of its numerous customers and other stakeholders.

Ms Ogechi assured the students and their parents that Heritage Bank is a bank they can always count on as a timeless wealth partner.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

Education

UNN Confers Doctorate Degree on Zenith Bank’s Ebenezer Onyeagwu

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Ebenezer Onyeagwu Doctorate Award

By Aduragbemi Omiyale

The chief executive of Zenith Bank Plc, Mr Ebenezer Onyeagwu, has added another feather to his highly colourful cap as he was conferred with a doctorate degree over the weekend by the University of Nigeria, Nsukka (UNN).

It was gathered that the respected and brilliant banker was conferred with a doctorate degree in Business Administration in recognition of his immense achievements as the head of the tier-1 Nigerian lender and his contributions to the growth of the financial services sector in Nigeria and across the African continent.

At the 50th convocation ceremony of the school on Saturday, March 25, 2023, the Vice Chancellor of UNN, Prof. Charles Igwe, congratulated Dr Ebenezer Onyeagwu for distinguishing himself in his career and for his service to humanity, which made him worthy to receive the prestigious Doctorate Degree from Nigeria’s first indigenous University.

In his acceptance speech, the banking executive expressed his gratitude to the institution for finding him a worthy recipient of the Doctorate Degree in Business Administration, considering the very rigorous process of selection of awardees by the school.

“For me to have been considered and to have passed through the meticulous selection process makes it the more dignifying because I have no connection with the university,” he said, noting that the award represents a validation of the outstanding corporate governance, ethical leadership, and overall outstanding performance that Zenith Bank is recording.

Dr Onyeagwu dedicated the award to the board and management of Zenith Bank, especially the founder and Chairman, Dr Jim Ovia, who he said has remained a mentor, a leader and a source of inspiration to everyone at the bank and beyond; the staff.

He praised him for being the shoulder and proverbial base of the pyramid upon which his achievements and success as CEO of the leading financial institution in Nigeria rest.

The Zenith Bank chief also commended Zenith Bank’s customers for their unflinching loyalty to the brand; and to his family for their unceasing love and support.

Presenting the citation of Dr Onyeagwu to the assemblage at the 50th convocation ceremony for the conferment of the degree, the orator of UNN, Dr Ikenna Onwuegbuna, noted that the banker is an alumnus of Auchi Polytechnic, the University of Oxford, England and Salford Business School, University of Salford, Manchester, United Kingdom, Delta State University, Abraka.

Also, he is an alumnus of Wharton Business School of the University of Pennsylvania, Columbia Business School of Columbia University, and the Harvard Business School of Harvard University in the United States.

Dr Onyeagwu is a Fellow (FCA) of the Institute of Chartered Accountants of Nigeria (ICAN), a Fellow of the Nigerian Institute of Management (NIM), The Chartered Institute of Bankers of Nigeria (CIBN), the Institute of Credit Administrators (ICA) and Senior Associate Member, Risk Management Institute of Nigeria (RIMAN).

He is also the Chairman of the Body of Banks’ Chief Executive Officers, Nigeria and Chairman of Zenith Pensions Custodian Limited and Zenith Nominees Limited. He is also on the Board of Zenith Bank (UK) Limited, FMDQ Holdings Plc and Lagos State Security Trust Fund (LSSTF).

Dr Onyeagwu is a member of the International Monetary Conference (IMC), the Wall Street Journal CEO Council, member of the African Trade Gateway Advisory Council of the Africa Export-Import Bank (Afreximbank), and member of the Governing Council of the Chartered Institute of Bankers of Nigeria (CIBN).

He also served on the board of Zenith Bank Ghana Limited, Zenith General Insurance, Zenith Securities Limited, Zenith Assets Management Company, Zenith Medicare Limited, and Africa Finance Corporation (AFC).

His track record of excellence has also seen him win several individual awards, including being named Bank CEO of the Year (2019) by Champion Newspaper, Bank CEO of the Year (2020, 2021 & 2022) by BusinessDay Newspaper, CEO of the Year (2020 and 2021) – SERAS Awards, and CEO of the Year (2022) – Leadership Newspaper.

Other recipients of Doctorate Degrees at the 50th convocation ceremony were the former Governor of Delta State, Dr Emmanuel Uduaghan, who was conferred with the Doctor of Public Administration, and the Chairman of Hobark International Limited, Dr Obiora Fubara, who received the Doctor of Business Administration. A retired Justice of the Supreme Court of Nigeria, Justice Mary Odili, was conferred with the Doctor of Law; however, her conferment was deferred to a later date because she was unavoidably absent at the ceremony.

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Education

The Okeho Exodus: A Review

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THE OKEHO Exodus Akeem Akinniyi

By Akeem Akinniyi

Playwright: Olutayo Irantiola

Publisher: Peo Davies Communications

Year of Publication: 2022

Reviewer: Akeem Akinniyi

Olutayo Irantiola’s The Okeho Exodus is a historical play set in 1916 but written in a modern-day language and filled with elements that will not alienate a reader in these present times. The play revisits the past of the descendants of Okeho, who resettled among the hills along with ten villages to stem the tide of invasion by the Dahomey and Fulanis. What follows are intrigues of betrayal and bastardisation of culture by colonialists, which eventually leads to the tragic end of not only the king but the loss of the town’s sovereignty to the colonial masters.

The theme of betrayal dominates the play, and the only character who survives it is Oba Arilesire, who built a harmonious home of settlers which sets the tone for successive kings before the turn of Onjo Olukitibi.

The emergence of Captain Ross and his fellow conquerors in Okeho with their laws and subjugation of the people leads to distrust among the chiefs and sets the plot to oust the king, Onjo Olukitibi.

A wave of betrayal rises among the chiefs who think Onjo Olukintibi has sold them out to the colonialists referred to as ‘Ajele’ (a Yoruba word for usurpers). The internecine fighting grows beyond the borders of Okeho and extends to other towns as Balogun Olele seeks allies from far and within against the king.

In the end, the king is captured and annihilated along with his family. Captain Ross avenges the death of the king, and attacks and arrests the unerring chiefs to bring law and order to Okeho, thereby establishing the sovereignty of the colonial masters.

The play deploys antithesis effectively to strike a balance in the events as well as the lives of the characters and the passing of the years. Oba Arilesire’s reign is filled with harmonious living and unity among the people. He would go on to die peacefully in his sleep. This is contrasting to the reign of Onjo Olukintibi whose reign ends in disarray with mistrust in the air and would later die agonizingly in the hands of his own people.

Another is the replacement of invaders; at first, it is the Fulanis and Dahomeys whose aggression make the people of Okeho flee to the new place. Little had they settled down when the colonialists invaded their space, and sadly, it will result in their return to the place they left earlier.

The challenges of colonialism to traditional laws and customs are symbolized by the emergence of Captain Ross whose influence and power conflicted with Onjo Olukintibi, thereby reducing his relevance before the people. His authority is challenged, and as Captain Ross’ influence grows, Olukitibi’s stature shrinks.

The people of Okeho begin to see him as the puppet of the white man. An example is the statement of Oladunni (41) “The reign of Olukitibi is already disheartening. We have never experienced this in Okeho Ahoro, I have been watching with keen interest, and I am getting to lose hope in his leadership abilities. People have been saying that Olukitibi was not the right person to be crowned, he was imposed on us by the colonial masters. But will the kingmakers and the oracle lie?”

The theme of betrayal echoes throughout the book, and it is expressed in many ways. Jinjin represents the modern, inquisitive, and courageous woman who believes in equality. She also represents the Biblical Eve, whose inquisitiveness led to the fall of man through her desire to partake in the Oro traditions. A Yoruba cult tradition that forbids the participation of women. She never hides her intent to break all patriarchal foundations (25):

Jinjin: My right to social equality, freedom of association and speech. I want to know more about Oro. If it was an entirely sacred thing, men should also stay out of the rituals.

To achieve her husband, Olojomo’s commitment to making her participate, she weaponises sex, and the poor man submits to her guiles: “Yes, my mind is at rest now.  I am sure that I would soon partake of the ritual, and we would break all the limitations that have been set by many generations” ” (63).  Olojomo would go on to get her involved in the ritual, a flaw that ridicules his legacy in the Oro cult leading to his disgrace from the group by fellow initiates who considered his actions a betrayal of trust.

Another female character of note is Oladunni, who challenges the status quo of the submissive housewife who must accept everything that her husband dishes out to her. She broke patriarchal norms by talking back at her husband Oga Akooda (37) who in a state of excitement and drunkenness about the Oro festival insults her father which she replied accordingly and disrespectfully. The husband chases her with the intent to beat her and, instead of being apologetic, tries to give reasons for his uncouth behaviour. (38)

Oga Akioda: She has to swallow those words if not, there won’t be peace any longer in this house. She thought I was tipsy and could not reason well.

Oladunni: I will go to the court of Ross. You will learn lessons. I cannot tolerate you any longer. You are a violent man. (He wants to chase her again, but Akoda holds him).

The court of Ross is the court of the white man which allows room for divorce. This can be seen as a breakaway from the cultural norm of family and community elders settling marital conflicts. It reflects a subjugation of traditional authority. Some of the little cracks that, bit by bit collapse the wall of traditions and customs.

The playwright makes use of songs to communicate and express the mood. The language, though direct, is sometimes riddled with too much Yoruba aided by code-mixing and translations that somehow belabour the point. Some scenes appear intrusive, as we have during the choice of kingship. Above all, the playwright achieves his aim of telling an ancient story to a modern audience by reflecting on the effects of colonialism and its attendant evils of erosion of cultures and abuse of power.

Akinniyi Akeem is an advertising copywriter with one of the leading PR agencies in Nigeria. He enjoys the art of writing, and in his spare time, he loves to delight the blank page with poetry and short stories. 

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Education

FBNQuest Trustees, Law Firm Launch MetWaqf Islamic Endowment Fund

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Islamic endowment fund MetWaqf

By Modupe Gbadeyanka

An Islamic endowment fund called MetWaqf, designed to support the education of underprivileged persons in Nigeria, irrespective of their religion, has been launched by The Metropolitan Law Firm with the support of FBNQuest Trustees.

The charity initiative is part of the corporate social responsibility (CSR) of the two organisations and was unveiled at the 5th Islamic Estate Planning Clinic in Abuja.

The Managing Partner at The Metropolitan Law Firm, Mr Ummahani A. Amin, stated that the MetWaqf was established for the betterment of education in Nigeria.

According to him, MetWaqf is an Islamic endowment fund dedicated to promoting and providing education, most especially to underprivileged persons in Nigeria, saying he looks forward to the impact the initiative will have in society.

Also, the Managing Director of FBNQuest Trustees, Mr Adekunle Awojobi, said, as the first and leading providers of trust services in Nigeria, FBNQuest Trustees was particularly elated about the partnership and support on the MetWaqf initiative, expressing optimism that this charity initiative in its entirety will get the interest of everyone regardless of religion.

Speaking on the estate planning clinic, Mr Awojobi stated that the basic principle of estate planning was ensuring the preservation of legacies.

The event had some renowned Islamic financial scholars educating participants on the Islamic law of inheritance (Farā’id), the importance of estate planning in Islam and the various Shari’ah compliant estate planning tools like Waqf, Zakat, Hibah etc., and how they can be used to ensure that the affairs of all heirs and beneficiaries are adequately addressed in modern times.

These topics were dissected by Dr Nuruddeen Lemu, Director of Research and Training at the Da’wah Institute of Nigeria; Professor Ahmad Dogarawa, a professor at Ahmadu Bello University, Zaria; and Dr Warshu Tijjani, Rabi’u a Shariah Board member of Noor Takaful Nigeria, who is currently the Deputy Director, Research and Publication of International Institute of Islamic Banking and Finance, Bayero University, Kano, Kano State.

Others were Ummahani Amin, the Managing Partner at The Metropolitan Law Firm; Mohammed Yunusa of The Metropolitan Law Firm; Mutiat Olatunji, a Private Trust Specialist at FBNQuest Trustees; and Aminu Dabo Musa, the Relationship Manager at FBNQuest Trustees.

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