Zenith, Prudential seek to expand financial inclusion in Nigeria with the launch of mobile insurance service
20 March 2020 |
2:11 pm
Zenith Bank and Prudential Zenith Life have created a mobile insurance service with the USSD code to enable access to insurance services for Nigerians. Zenith Bank's Chairman, Jim Ovia joins CNBC Africa to shares some insight on this service.
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Zenith Bank reported a 23 percent increase in earnings per share to 412 kobo in 2016 from 336 kobo in 2015. Meanwhile, Nigeria’s GDP has shown a -1.30 per cent decline year-on-year.
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"The capital market in Nigeria meets the international environment. Nigeria is not in isolation anymore," says Jim Ovia, chairman of Nigeria's largest commercial lender Zenith Bank Plc. He made the comments during an interview with Bloomberg Television's Francine Lacqua in London.
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Jim Ovia, chairman of Nigeria's largest commercial lender Zenith Bank Plc, discusses the outlook for growth in Nigeria and the business outlook for the African continent.
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The Founder/Chairman of Zenith Bank Plc, Mr. Jim Ovia recently launched his book, Africa Rise and Shine in New York. The event happened on the sidelines of the United Nations General Assembly and had foreign dignitaries and private sector captains of industry in attendance.
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The Group Managing Director and CEO of Zenith Bank, Ebenezer Onyeagwu says the first half of the year was very challenging and interesting. He made this remark when commenting on the bank’s half-year earnings with CNBC Africa’s Esther Awoniyi.
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The Group Managing Director and CEO of Zenith Bank, Ebenezer Onyeagwu says banks need to collaborate with investors to achieve efficient use of loan facilities. He cites cyber security as a major challenge – he begins by highlighting steps taken to combat wrong use of loans by borrowers. He joins CNBC Africa’s Esther Awoniyi for more.
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Dennis Olisa, Executive Director at Zenith Bank says one way Nigeria can expand its foreign exchange base is to ensure that export is reinvigorated. He joined CNBC Africa’s Wole Famurewa to discuss this and more on the side-lines of the bank's international trade seminar.
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Zenith Bank says it is prepared to support Nigeria’s Information and Communications Technology (ICT) and creative ecosystems with funding, which the bank calls a critical tool for participating in the Fourth Industrial Revolution (4IR). GMD and CEO of the bank, Ebenezer Onyeagwu discussed this with CNBC Africa’s Christy Cole at the bank’s Tech Fair in Lagos.
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Chairman and Founder of Zenith Bank, Jim Ovia says Nigeria's economy is becoming digitised as much Nigerian youth are creating solutions to solve local problems. CNBC Africa's Christy Cole caught up with him at the Zenith Bank’s Tech Fair in Lagos.
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The Group Managing Director and CEO of Zenith Bank, Ebenezer Onyeagwu says Nigeria cannot grow so much in a global space where growth is already sluggish and muted because of the impact of the coronavirus. He also says the guidance calls for cautious optimism. Onyeagwu shared his thoughts on what to expect this year with CNBC Africa’s Esther Awoniyi.
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