<p>After
a successful Annual General Meeting, AGM, in Abuja, where shareholders smiled
home with over  ;N87.9
billion Dividend Payout, Zenith
Bank Plc, Nigeria’s leading financial institution, has again, donated N100
million to the Emergency Relief Fund set up by the Lagos State Government for
the victims of the Abulo-Ado explosion.</p>



<p>The
Group Managing Director/ Chief Executive Officer of Zenith Bank Plc, Mr.
Ebenezer Onyeagwu made the pledge on March 18, 2020, when the Management of the
Bank visited the State Governor, Mr. BabajideSanwo-Olu, at the State House,
Marina, Lagos to condone with him and the good people of Lagos State on the
unfortunate incident of March 15, 2020 which led to the loss of lives and
properties at the Abule-Ado area in Amuwo Odofin Local Government Area of the
state.</p>



<p>Speaking
during the visit, Mr. Onyeagwu said: “For us in Zenith, we share in the
concerns and the very traumatic experience that Lagos state is passing through.
Our thoughts and prayers are with the families of the victims, those who lost
their lives and those who are still in the hospitals, recovering. We can only
but pray that God will comfort the families. We are also very impressed with
the fact that the response from the Lagos State Government was quick, rapid and
immediate. There is nothing you can do to quantify the loss of lives. The only
thing one can do is to ameliorate the sufferings, the pains and the discomfort
of those who have been terribly impacted. So, we would like to let Mr. Governor
know that we share with him at this moment. We are aware that you’ve also set
up a relief fund account and we are willing to make an immediate contribution
of N100 million”.</p>



<figure class="wp-block-image size-large"><img src="https://openlife.ng/wp-content/uploads/2020/03/Zenith-Bank-Mgts-Visit-Sanwo-Olu-1024x684.jpg" alt="" class="wp-image-2672"/><figcaption><strong> Executive Director, Zenith Bank Plc, Mr. Henry Oroh; Group Managing Director/Chief Executive, Zenith Bank, Mr. Ebenezer Onyeagwu; Lagos State Governor, Mr. Babajide Sanwo-Olu; Executive Director, Zenith Bank, Dr. Temitope Fasoranti; Lagos State Deputy Governor, Dr. Kadiri Hamzat; and Executive Director, Zenith Bank, Mr. Dennis Olisa during the visit by the Executive Management of the Bank to condole with the State Governor on the Abule Ado explosion at the State House, Marina, on Wednesday, March 18, 2020. </strong></figcaption></figure>



<p>On
his part, the Lagos State Governor expressed his sincere appreciation to the
Management of the Bank for taking time out of their busy schedule to embark on
the sober visit and stand with the State Government in this trying moment.
While thanking the bank for the N100 million donation to the emergency relief
fund set up by the State Government for victims of the explosion, he also
expressed his delight at the bank’s acceptance of the offer to co-house the
fund.</p>



<p>Mr.
Babajide Sanwo-Olu had, on March, while speaking with stakeholders and
journalists at the explosion site, disclosed that a N2 billion Abule Ado/Soba
Emergency Relief Fund had been set up for the victims. He said the state
government have donated N250 million to the fund and solicited for support from
all Nigerians including the private sector.</p>



<p><strong>Prudential Zenith Life Insurance Mobile Payments *5966# USSD Code</strong></p>



<p>However, flowing from that line of care for
citizens across board through its various Corporate Social Responsibility, CSR,
initiatives,  ;Prudential Zenith Life
Insurance, the insurance arm of the Zenith Group,  ;has launched a payment service which allows
mobile phone customers in Nigeria to buy protection policies wherever they are.</p>



<p>Customers who dial <strong>*5966#</strong> ; on their mobile phones will be able to
purchase a life insurance or hospital cash plan policy in a matter of minutes. </p>



<p>Speaking at the launch of the product at the
Civic Centre, Victoria Island, Lagos on Wednesday, March 18, 2020, the Chairman
of Prudential Zenith Life, Mr. Jim Ovia (CON), said “We are pleased to announce
this exciting and innovative initiative that will democratize access to
insurance for all Nigerians. We are strongly committed to deepening financial
inclusion”.</p>



<p>On his part, the Chief Executive Officer of Prudential
Africa, Matt Lilley said:“We
launched Prudential Zenith Life in 2017 to help minimize uncertainty from the
lives of Nigerians. I believe that this service will make it easier for people
to access life insurance cover that gives them and their families financial
peace of mind, if an accident or the worst were to happen.”</p>



<figure class="wp-block-image size-large"><img src="https://openlife.ng/wp-content/uploads/2020/03/Prudential-Zenith-Life-1.-1024x684.jpg" alt="" class="wp-image-2673"/><figcaption><br><strong> <em>Mr. Jim Ovia, CON, Chairman, Prudential Zenith Life (5<sup>th</sup> Left) flanked by Onyinye Ikenna-Emeka, GM, Enterprise Marketing, MTN Nigeria (1<sup>st</sup> Left); Ajibola Olabisi Bankole, Deputy Director (Inspectorate), NAICOM (2<sup>nd</sup> Left); Mazen Mroue, Chief Operating Officer, MTN Nigeria (3<sup>rd</sup> Left); Lynda Saint-Nwafor, Chief Enterprise Business Officer, MTN Nigeria (4<sup>th </sup>Left); Alhaji Mohammed C. Babajika, Director, Licensing and Authorization, NCC (5<sup>th</sup> Right); Professor Oyewusi Ibidapo-Obe, Former Vice Chancellor, University of Lagos (4<sup>th</sup> Right); Kehinde Borisade, CEO, Zenith General Insurance (3<sup>rd</sup> Right); Chuks Igumbor, MD, Prudential Zenith life Insurance (2<sup>nd</sup> Right); and Olubayo Adekanmbi, Chief Transformation Officer, MTN Nigeria (1<sup>st </sup>Right) at the launch of the Prudential Zenith Life Mobile Payment Service in Lagos on Wednesday, March 18, 2020.</em> </strong></figcaption></figure>



<p>Research shows that Nigerians
are significantly underinsured despite the adoption of mobile phones for
insurance purchase in several parts of the world. Only one per cent of
Nigerians have insurance whilst more than 95 per cent of the population have
mobile phones. Prudential Zenith Life seeks to increase the number of families
that have financial protection by making it convenient to purchase insurance on
their mobile phones.<strong></strong></p>



<p>Prudential Zenith Life
Insurance Limited is part of Prudential Plc, one of the oldest and most
strongly capitalised life insurance companies in the world. It provides a range
of insurance and investment-linked savings products designed to suit corporate
and individual customers’ budgets.</p>



<p>Prudential Zenith Life seeks
to remove uncertainty from life’s big events, providing customers with the
freedom to confront the future with greater confidence. It is equally committed
to meeting the long-term savings and protection needs of families and
businesses in Nigeria. Whether someone is starting a family, saving for a
child’s education or planning for old age, Prudential Zenith Life provides
customers with financial peace of mind.</p>



<p><strong>………… Partners MTN
on First Ever Mobile Insurance Service in Nigeria</strong></p>



<p>Also,
Zenith General Insurance Company Limited (commonly known as Zenith Insurance)
has, in a trailblazing move, has partnered </p>



<p> ;telecommunications giant – MTN Nigeria to provide
the first ever mobile insurance service in Nigeria<strong>. </strong></p>



<p>Using
the USSD code *5966#,
customers can now buy Third Party Motor Insurance and Personal Accident
Insurance on the go, on their mobile phones, whether or not they have access to
the internet. It is the dawn of a new era in the Nigerian insurance industry,
and Zenith Insurance is at the forefront. </p>



<p>Speaking
at the launch of the product at the Civic Centre, Victoria Island, Lagos on
Wednesday, March 18, 2020, the Chief Operating Officer, MTN Nigeria,MazenMroue,said:
“Financial
Inclusion is imperative for economic development and access to insurance is a
key component of this. MTN is glad to be the enabling platform for the delivery
of digital insurance through mobile phones. ;We congratulate, Zenith ;General ;Insurance
and Prudential ;Zenith Life ;Insurance
for ;courageously ;blazing ;a ;trail.” ;</p>



<figure class="wp-block-image size-large"><img src="https://openlife.ng/wp-content/uploads/2020/03/Prudential-Zenith-Life-Insurance.png" alt="" class="wp-image-2674"/></figure>



<p>According
to KehindeBorisade, Chief Executive
Officer of Zenith Insurance, “There are a lot of misconceptions around
the concept of Insurance especially in developing nations such as ours. We at
Zenith Insurance are committed to dispelling those notions of insurance being
an abstract concept sold by weary old men in dusty shoes, who are nowhere to be
found, the minute you have a claim. We are bringing Insurance to the fingertips
of the ordinary Nigerian who is looking for convenience in his day to day
dealings, as well as speed in service delivery. The USSD platform is something
that anyone, anywhere, as long as they have a mobile phone can have access to.
You don’t even need to have a data plan.”</p>



<p>Presently,
customers have the opportunity to purchase mandatory Third-Party Motor
Insurance- to cover against damages to othermotorists and their vehiclesand
Personal Accident Insurance- a policy that provides purchasers and their loved
ones with the assurance that should they suffer any injury that results in
disablement or death, they will be compensated financially for treatment,
hospitalization, time out of work or permanent disability. Within two minutes,
anyone anywhere in Nigeria can have an Insurance policy. </p>



<p>This
novel development will revolutionise the way insurance works in Nigeria. Life
just got better, Insurance just got better. Welcome to the EazyLife!</p>

Funny Thinker Breaks Silence In Explosive Message To Sunday Igboho OpenLife Nigeria reports that…
Phyna Celebrates Post-Surgery Transformation: “No Regrets” OpenLife reports that Big Brother Naija winner Ijeoma Otebor,…
Social Media Commentator OpenLife reports that for nearly three years, the death of Nigerian…
“You All Are Going To Jail”–Cardi B Threatens Jail For Suspects After $60K Credit Card…
Mike Adenuga @ 73: The Man and His Game By Arinze Anapugars OpenLife Nigeria reproduces…
FirstBank Partners Eko Hotels & KEY Academy for ChessMasters 2026 Tournament OpenLife Nigeria reports that…
This website uses cookies.