Niger Delta
Premium Trust Bank Opens Office In PH
Premium Trust Bank has joined the list of licensed commercial banks operating in Nigeria. The bank launched and opened its first branch in Port Harcourt, Rivers State capital, with the promise to customers of speedy service delivery anchored on innovation and strong market knowledge.
Speaking at the launch event, the Managing Director and Chief Executive Officer of the bank, Mr Emmanuel Emefienim, noted that the bank’s coming on board was not to make up the numbers (of banks) but to stand out with its speed of service delivery. Emefienim also noted that the bank would be co-creating financial solutions with its customers to ensure alignment and seamless adoption at the stage of product deployment.
He said: “I have said many times that drawing up strategy in banking is not new. We are not necessarily coming to re-invent the wheel because the banking business especially in Nigeria, has a lot in common. We trade in the same industry and we all have the same regulator; you find out that the industry somehow operates within a boundary.
“Bu, then, there’s a differentiating factor; we have realised that while all banks tend to offer the same kind of service, there is something that is unique or different when it comes to execution. Put it this way, a bank takes a position to offer a certain kind of service. But, then, it takes them such a long time to deliver this service. And then, you find another bank comes on board, offer the same kind of service, but they deliver it in record time. The speed of execution is something that will speak for us in the industry. We are going to be deliberate about it. We know the people, we know the market, we have the experience; we understand the environment, and we understand the business. So, when you have strong knowledge of the people, the market and the business, speedy execution comes easy. This is because you are clear about what you want to do. Also, add that we are going to leverage on technology to make all of these happen.”
Commenting on the process the bank would use to develop products and financial solutions, Emefienim said: “We are not going to come up with products and just dump them on customers; not at all; We will sit with our customers, extract from them what their specific needs are, and then, co-create solutions towards meeting those needs.
“So, the customers will be part of the process. This is in the sense that we understand what they want, we sit with them to proffer solutions to those problems, and we come up with products that are tailor-made to solve the problems. So, by the time we deploy such products, there is some level of alignment. This for us, is a journey that ensures we grow together with our customers, impact lives and build communities consistent with our tagline – Together for Growth.” While the bank has only just launched its first branch, it will open five additional branches within the next 60 days; and then, wrap up with a total of 22 branches across the country by end of 2022.
Emefienim also noted that the bank would be bullish on the use of technology and other digital solutions to reach the unbanked and deepen financial inclusion among the populace. Dignitaries who graced the launch event included Governor Nyesom Wike of Rivers State, who was represented by the Commissioner for Commerce and Industry, Mrs Ifeyinwa Nwankpa.
News
King Jaja Impacted Beyond Rivers -Deputy Gov
Rivers State Deputy Governor, Professor Ngozi Odu, has poured accolades on late Amayanabo of Opobo, HRM Dandeson Douglas Jaja V, saying his footprints went beyond the State.
Speaking during a condolence visit to the wife of the late king, Prof. Odu said the late monarch contributed meaningfully beyond the shores of Rivers State.
“He contributed not only to Opobo, not only to Rivers State, but to Nigeria as a nation. We all know the various positions he held until his passing. For us as a Commission, we are really going to miss him greatly, especially at this time when his guidance was most needed,” she stressed.
She described the late king as a distinguished traditional ruler whose life and service contributed immensely to the development of Rivers State and Nigeria at large.
The deputy governor, who also serves as Chairman of the Rivers State Boundary Commission, noted that until his demise, King Jaja was an Ex-Officio member of the Commission, representing Rivers South East Senatorial District.
According to her, the late monarch actively participated in several meetings of the Commission and played an important advisory role.
“He actually participated with us in a couple of meetings. It was with great shock that we received the news of his passing. We saw daddy as someone who was very strong, healthy and athletic,” Prof. Odu said.
Prof. Odu explained that the Commission relied heavily on the wisdom of traditional rulers like the late monarch to ensure that its responsibilities were carried out properly and conscientiously.
She assured the family of the Commission’s continued support, saying they will remain close to the family throughout the burial arrangements and beyond.
Addressing the widow, Queen Prudence Dandeson Douglas Jaja, Prof. Odu said the visit was to commiserate with her and encourage her during the period of mourning.
“Please accept our condolences. Please be strong and put your hope in God. The God who watches over widows will never abandon you,” the deputy governor prayed.
“We cannot question God. What has happened has happened. All we can do is to pull ourselves together. That is why we are here to pray that the Holy Spirit will strengthen you, that God will turn your sadness into joy and clothe you with a garment of beauty,” she added.
Responding, Queen Jaja described her late husband as a gentle, humble man who was deeply committed to the progress of Rivers State, and Nigeria at large.
She expressed gratitude to the deputy governor and other members of the Boundary Commission for identifying with the family in their moment of grief.
“We are praying that his soul will rest in perfect peace. I thank you very much for coming to console me at this trying moment. Seeing you here has given me comfort. God bless each and every one of you,” she said.
She also offered prayers for the delegation, wishing them a long life and good health.
Highlight of the visit was the presentation Letter of Condolence from the Rivers State Boundary Commission to Queen Jaja.
Kevin Nengia
Niger Delta
Former Bursar Savours Leadership Merit Award
The former Bursar of Ignatius Ajuru University of Education, Rumuolumeni, Port Harcourt, Dr Davis Ojima, has expressed delight over the Leadership Merit Award recently presented to him by Ohiauga Community in Igburu Clan in Ogba/Egbema/Ndoni Local Government Area of Rivers State, describing it as a befitting crowning moment in his life.
Dr Ojima, who made the remarks while speaking with newsmen shortly after receiving the award, said it was an endearing milestone to be considered by his community for that rare honour, and expressed gratitude to the community for recognising his modest contributions to the development of the area.
The former Bursar, who is still in active public service, noted that the honour done to him came at a time when he least expected it, and thanked God for the rare privilege, as well as providing him the opportunity, the enabling environment and zeal to contribute his quota to the development of the area.
Dr Ojima, therefore, assured the people that he would remain committed to promoting peace, unity and sustainable development initiatives in the community.
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