News
Digital Growth, Sustainability, and Collaboration Lead Keystone Bank’s 2025 Strategy
Lady Ada Chukwudozie, Chairman of Keystone Bank, and the Manufacturers Association of Nigeria (MAN) for Anambra, Enugu, and Ebonyi Zone, has outlined the bank’s achievements and its vision for the future.
Speaking at the Annual End-of-Year Dinner themed “Celebrating Partnerships,” in Lagos at the weekend, she expressed gratitude to stakeholders for their contributions to Keystone Bank’s successful year.
“Your dedication, hard work, and commitment have played a crucial role in transforming our Bank into a dynamic and forward-thinking institution,” Chukwudozie said.
She highlighted the importance of partnerships in driving growth and innovation across the bank’s operations.
Reflecting on 2024, Chukwudozie noted significant accomplishments in digital transformation, market expansion, sustainability, and human capital development, saying, “We have navigated many challenges and seized countless opportunities, enhancing our reputation as a customer-focused institution”.
While stressing that, the bank has scored some milestones through its digital transformation, Lady Chukwudozie said, “the bank currently ranks very high in digital channels experience according to the KPMG Banking Industry Customer Experience Survey (BICX) 2023 across digital channels (USSD – 1st, Mobile App 3rd, Internet 2nd, ATM 2nd”.
She said, “Keystone Bank ranked top three for customer journey phases covering account opening, transacting, product purchase, complaints resolution and relationship management. I believe the Bank can leverage its digital appeal to attract customers investors, and attain optimal commercial success as we journey into a new fiscal year”.
“Looking ahead, the bank plans to prioritise expanding its digital offerings, sustainable finance, and strengthening partnerships.
“The world around us is changing rapidly. As a bank, we must remain agile and adaptive to evolving market dynamics,” Chukwudozie stated.
She commended the resilience and dedication of Keystone Bank’s staff, describing them as the “lifeblood of the institution.”
“Your passion and drive are indispensable. Together, we will achieve even greater success,” she added.
Addressing customers, she expressed appreciation for their trust and loyalty, promising continued improvement in financial solutions. Chukwudozie also acknowledged the executive leadership and board members for their vision and guidance.
As the evening celebrated the year’s achievements, Chukwudozie urged attendees to look forward to a brighter future, saying, “Together, through continued partnership and collaboration, we will build a more prosperous future for all.”
“We grow together! Enjoy the evening, and may the coming year bring greater accomplishments,” she stated.
The event was attended by Governor of Lagos State, Jide Sanwolu; his Zamfara State counterpart, Dauda Lawal; Benue Deputy Governor, Sam Ode; Labour Party Presidential Candidate, Mr. Peter Obi; former Governor of Sokoto State, Senator Aminu Tambuwal; President of MAN, Otunba Francis Meshioye; and former Minister of Interior, Capt. Emmanuel Iheanacho.
Other dignitaries include, Emir of Zazzau, Ahmed Nuhu Bamalli CFR; Traditional Ruler of Ezinifite, Igwe Bob Eze; Publishers of Champion Newspaper, Mr & Mrs Uche Iheakanwa; Prince Chris Igwe, Chef Chidi Anyaegbu of Chisco Motors, Chief Martin Agbaso Ochudo of Igbo land, Elder & Barr. Mrs Ngozi Ekeoma, Mahmud Tukur, Nkiru Anumudu, Mrs Uredi, Captains of industries, amongst others.
News
Kalu Leads House Delegation to Ogun for Condolence Visit
…eulogizes late Onanuga, ex-speaker Bankole’s mother
By Gloria Ikibah
Deputy Speaker of the House of Representatives, Rep. Benjamin Okezie Kalu, CON, has described the late Deputy Chief Whip, Rt. Hon. Adewunmi Oriyomi Onanuga, as an irreplaceable parliamentarian known for her vocal nature and friendly disposition.
Leading a delegation on behalf of the Speaker, Rep. Tajudeen Abbas, Kalu visited Sagamu, Ogun State, on a condolence mission to the late Onanuga’s family.
Addressing the bereaved, he praised her dedication and influence, noting her unique presence in plenary sessions and unwavering support for her colleagues.
Kalu consoled her mother, Chief Mrs. Comfort Folashade Etutu, and her children, urging them to trust in God for comfort and strength. He assured the family of the House’s continued support and prayed against further untimely deaths in the household.
Earlier, Kalu led the delegation to Abeokuta for the fidau prayers of the late Mrs. Monsurat Atinuke Bankole, mother of former House Speaker Rt. Hon. Dimeji Bankole.
He lauded her sacrifices, which contributed to the success of her children, including the former Speaker’s contributions to the National Assembly.
News
N800bn Inadequate for Nigeria’s Road Projects, Minister Umahi Tell Lawmakers
By Gloria Ikibah
The Minister of Works, Dave Umahi, has described the N800 billion allocated to his ministry in the proposed 2025 budget as grossly insufficient to address Nigeria’s growing road infrastructure needs.
Umahi stated this during the 2025 budget defence session held on Friday by the House Committee on Works, chaired by Rep. Akin Alabi.
Speaking candidly, Umahi called for an upward review of the ministry’s budgetary allocation, stressing that the current figure would barely make a dent in the nation’s road development agenda.
“We plead with you to help us. N800 billion cannot do anything for us. It cannot address our road needs, and so we plead with you to help us,” the Minister told the lawmakers.
Umahi who emphasised the importance of adequate funding to complete ongoing projects and initiate critical new ones across the country, also stressed that borrowing was a necessary step to bridge the infrastructure gap and stimulate economic growth.
The Minister underscored the potential economic impact of infrastructure development, stating that it would create jobs and boost local economies.
“When the nation is in recession, you have to borrow money and invest in infrastructure. That is how you emerge from a recession. Infrastructure is a catalyst for economic activities, and this hunger we talk about will become a thing of the past,” he explained.
“Food sellers, sand suppliers, gravel workers, and others will benefit. Support Mr. President, and let’s borrow money to build infrastructure so Nigeria can be great again,” he added.
In response, Chairman of the Committee, assured Umahi that the committee would summon the Minister of Finance and the Head of the Budget Office to clarify the rationale behind the ministry’s limited allocation.
The session also provided an opportunity for the Minister to address lawmakers’ concerns about the state of roads nationwide, with assurances that the government remains committed to completing ongoing projects.
News
NASS Joint Committee Suspends Fire Service Budget Over Irregularities
By Gloria Ikibah
The National Assembly Joint Committee on Interior has suspended the budget defence of the Federal Fire Service (FFS) following significant discrepancies in the agency’s 2024 budget performance and 2025 proposal.
At a hearing chaired by Senator Adams Oshiomhole and his counterpart from the House, Chaired by Abdullahi Aliyu Ahmed, lawmakers flagged irregularities, including contradictory figures and inadequate documentation.
The committee uncovered discrepancies in the procurement of firefighting trucks, with similar units priced at N1.5 billion in one instance and N2.5 billion in another, despite being from the same supplier and of identical specifications.
The FFS Controller General, Jaji Abdulganiyu Idris, attributed the difference to variations in tanker sizes but failed to provide adequate supporting documentation.
Senator Oshiomhole criticized the inconsistencies, stating, “This reeks of over-padding or over-invoicing. Your written submission does not align with your explanation, and we cannot overlook this.”
Lawmakers also raised concerns about unclear contract commitments and an outstanding payment of N603 billion for ongoing projects, which lacked proper specifications.
Oshiomhole emphasized fiscal responsibility, saying, “Every N10 wasted by MDAs adds up. Our duty is to ensure that every naira benefits Nigerians, especially the poor.”
The committee further queried the FFS over unverified revenue remittances. Idris presented manual receipts as evidence, but the lawmakers rejected them, demanding proper bank statements and confirmation from the Accountant-General’s office.
As a result, the committee stepped down the FFS budget defence, instructing the agency to rectify its submission. Oshiomhole warned, “Submit a revised presentation with accurate figures, or risk zero allocation in 2025.”
The decision underscores the lawmakers’ commitment to accountability and efficient use of public funds, urging the FFS to address the issues promptly to secure its funding.
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