PICTURES: LASPOTECH MASS COMMUNICATION STUDENTS RALLY AGAINST CYBER CRIME

The students of Lagos State Polytechnic, Department of Mass Communication on Friday, 21st February, 2020 thronged out to sensitize the Polytechnic community on the need to shun cybercrime and embrace legitimate means of wealth acquisition.

The students who dorned different costumes as part of their requirements for MAC 417, Film Production Techniques walked round every department with banners and posters campaigning against Cybercrime with the hashtag #belegitandproud.

Speaking during the walk, the course lecturer, Mr Steven Anu’ Adesemoye stated, “costume day is an integral part of film teaching and learning in the department. What we have done differently this year, is to plug into the LASPOTECH’s campaign on zero tolerance to cybercrime and any forms of corruption. We equally identified the misnomer of getting to the top through short cut and back doors amongst the youths, and we think taking the campaign to them while in school would contain and curtail such hydra headed monster.”

The HND 2 students of Mass Communication, Lagos State Polytechnic (broadcast option) held the rally on the Ikorodu campus of the Polytechnic with seven school (faculties) and 36 departments.

Over the years, the alarming growth of the internet and its wide acceptance has led to increase in security threats. In Nigeria today, several internets assisted crimes known as cybercrimes are committed daily in various forms such as fraudulent electronic mails, pornography, identity theft, hacking, cyber harassment, spamming, Automated Teller Machine spoofing, piracy and phishing.

Miss Amadi Princess Chidinma submitted  that, “Cybercrime is a threat against various institutions and people who are connected to the internet either through their computers or mobile technologies. The exponential increase of this crime in the society has become a strong issue that should not be overlooked.”

Signed
Amadi Princess Chidinma
HoC
Quadri Abdulgafar Olamide
Course Representative

University Dons Proffer Solutions to Africa’s Economic Prosperity at the UBA Professorial Lecture

Intellectuals and leading minds across Africa have suggested the adoption by governments,  of strategic policy actions which are expected to ultimately lead to the economic prosperity of the continent.

The Academics who spoke during the first Lecture Series of the UBA Professorial Chair in Finance at the University of Lagos (UNILAG) on Tuesday, listed a number of policy measures and strategies that can bring about far reaching results. These include instituting stable macro-economic policies, the adoption of supply-side strategies, capital market development, enhancement of banking and financial system, liberalisation of the economy, privatisation and reduced government dominance of economic management, democracy and good governance, human capital development, policy co-ordination and enabling the multilateral environment.

These polices are capable of creating a sustainable path towards the socio-cultural, economic and political development of the continent.

The Professor of Finance and Chairman, UBA Professorial Chair, University of Lagos( UNILAG) Prof John Ezike was joined by the Head of Department, Economics, UNILAG, Professor Risikat Dauda and Senior Lecturer, Finance Department UNILAG, Dr Olalekan Obademi as they took turns in making contributions on the theme ‘The Dynamic Structure of World Economy from Globalisation To Slowbalisation; The African Dilemma’.

Ezike who led the discourse, explained that the global economy is currently witnessing the fourth wave of revolution in civilisation, which is the movement towards de-globalisation or Slobalisation, adding that countries that have not benefitted from globalisation are those that fail to implement sound macroeconomic measures to maintain financial and exchange stability.

He said, “It behoves countries in sub Saharan –Africa, therefore, to strive to adopt policies that are in consonance with the realities of the rapid integration of world economies. The world must seek for answers in a new ideology which will allow globalisation to prosper faster, but prevents the rise of elitism. In point of fact, some world leaders are already of this view as they have condemned the trickledown theory of capitalism.”

Supporting his point, Professor Ezike shed light on how the mentioned policies can take the continent to a new high. On Stable Macroeconomic Policies, he explained that Globalisation increases the cost of macroeconomic distortions while enhancing the reward for sound policies. “As a result, it is important that sound macroeconomic, sectorial and structural policies are applied to improve  internal balance, ensure external sector viability and increase the overall rate of economic growth”. Stable macroeconomic policies also ensure that the domestic economy is insulated from disruptive short term capital flows as investment savings decisions would be predicated on domestic economic fundamentals rather than market sentiments that may be unrelated to developments in the economy.

While explaining Capital Market Development, he explained that the capital market should be developed before opening it to international competition. He further noted that the gradual opening up of the capital market would help to reduce the influx of destabilising short term capital flows which in some cases may result in economic overheating. To avoid unintended developments, the capital market should be opened up gradually after adequate safeguards have been put in place and productive sectors have been strengthened.

Enhancing of the Banking and Financial System: In this case, he said the banking and financial systems needs to be strengthened through adequate supervisory and prudential regulations to ensure that internationalisation does not disrupt the financial sectors, precipitate macroeconomic instability and weaken the productive sectors of the economy.

L-R: Regional Head, United Bank for Africa(UBA) plc, Mr. Uche Agu; Head, Micro-small, Small and Medium Enterprises (MSMEs), UBA Plc Mr. Babatunde Ajayi; Deputy Vice Chancellor, University of Lagos(UNILAG) and Chairman Board of Trustees, UBA Professorial Chair in Finance, Professor Ben Oghojafor; Guest Speaker, Professor Dauda Risikat; Head Of Department, Finance, UNILAG, Dr. Ayo Olowe; and Chair Occupier, UBA, Professorial Chair in Finance, Professor John Ezike, at the 1st Annual Lecture of UBA Professorial Chair in Finance, themed: The Dynamic Structure of World Economy, From Globalisation To Slowbalisation ; The African Dilemma… held at University of Lagos on Tuesday

For Democracy and good governance, Ezike noted that good governance is invaluable for a prosperous economy and that the rule of law, transparency and accountability, the bedrock of public administration prevails. He added that, it is worthy to note that excessive government intervention in economic management creates a fertile ground  for corruption and rent seeking agencies. “A well-focused administration geared towards reducing bottlenecks on the path of the private sector, would generate adequate impetus for the acceleration of economic growth, he concluded, saying rule of law reduces the incentives for corruption and ultimately creates an enabling environment for the efficient allocation of resources through the free interplay of market forces”.

According to him, history has shown that it is difficult or near impossible to sufficiently gain sustain growth in an economy like Nigeria which is highly multi-ethnic, has diverse parts, but is highly dependent on a mono-product export resource.

“At this juncture, it is safe to say Nigeria and other countries in its league, must out of necessity enthrone true federalism, in its governance and diversify its economic and export base in order to reposition the economy so as to reap the attendant benefits of dynamic world globalisation/slobalisation”, she noted

On his part, the Deputy Vice Chancellor, and Chairman UBA Board of Trustees, Mr. Ben Oghojafor, appreciated UBA for resuscitating the UBA Professorial Chair of Finance and the laudable support it continues to give the institution.

UBA had in 2015 resuscitated the UBA Professorial Chair of Finance at the UNILAG with an endowment sum of the N52.9 million with the aim of bridging the huge gap in the funding of educational system in the country.

Oghojafor  said, “It is to the credit of UBA, that the seed they planted through the first endowment has grown and is now bearing fruit. It is on record that the first endowment in 1972 facilitated the establishment of the department of finance in 1973, the first of such department in Finance in any University in Nigeria and has helped train a great number of finance graduates who have gone on to make great impacts in the country”.

“We appreciate the generosity of UBA in helping to make this colloquium a reality today and are hopeful that the bank will sustain this noble initiative for a long time to come”, Oghojafor said.

In his response, Group Managing Director, Kennedy Uzoka, United Bank for Africa, represented by Head, Micro-small, Small  and Medium Enterprises (MSMEs),Mr  Babatunde Ajayi said:  “UBA is very proud to be associated with the endowment  of professorial chair of finance in University of Lagos and it is our plan to continue to endow that chair”. He also noted that it is the banks passion to improve the quality of education across the continent, particularly in the 20 African countries that the bank is present.

“It is also our way of giving back to the society, as we will continue to sustain the initiative and many more that concern education, because it is very important to UBA and we are more than committed to providing the necessary support for the youths in Nigeria and across the African continent,” Ajayi said

l-r: Director of Advancement office, University of Lagos; Mr. Oluwarotimi Shodinmu; Regional Head, UBA Plc, Mr Uzoechina Molokwu; Guest Speaker, Professor Dauda Risikat; Deputy Vice Chancellor, University of Lagos and Chairman Board of Trustees, UBA Professorial Chair, Professor Ben Oghojafor; Chair Occupier, UBA, Professorial Chair in Finance, Professor John Ezike; Head, Head, Micro-small, Small and Medium Enterprises (MSMEs), United Bank for Africa, Mr. Babatunde Ajayi; and Regional Head, UBA Plc, Mr. Uche Agu, at the 1st Annual Lecture of UBA Professorial Chair in Finance, themed: The Dynamic Structure of World Economy, From Globalisation To Slowbalisation ; The African Dilemma… held at University of Lagos on Tuesday

Heritage Bank Pledges continued support for Women Empowerment

Heritage Bank Plc has said it will continue to lend support to causes that promote women empowerment as this will impact positively on the nation’s socio-economic development.

Managing Director, Heritage Bank, Ifie Sekibo, stated this at the “Raising Girls Summit ‘19” which held in Lagos last Friday as part of activities to commemorate the International day of the Girl-Child.

Sekibo, who was represented at the event by  the Regional Executive, Lagos & South-West, Heritage Bank, Dike Dimiri, disclosed  that the lender sponsored the “Raising Girls Summit ‘19” because  as he put it: “At Heritage Bank, we are committed to anything that represents women empowerment.”

According to him, the Bank has been in the vanguard of promoting financial literacy and financial inclusion especially among women because it believes that this is key for advancement in today’s dynamic world.

He said: “If we can start promoting financial inclusion especially among the girl child, then we can stand a better chance of having our children growing up to help build a strong financial system. Heritage Bank has been in the fore front of trying to ensure that financial inclusion is not just for adults but for children and more so at a very early age.”

Sekibo, who noted that Heritage Bank actively participates in financial literacy programme organised by the Central Bank of Nigeria (CBN) in different parts of the country every year, assured organizers of “Raising Girls Summit ‘19” of Heritage Bank’s continuous support

Organsied by The Green Girl Company Limited, (organizers of the Miss Nigeria Beauty Pageant), the Raising Girls Summit, is part of a global effort to empower, and deliberate on issues affecting the girl-child in Africa.

It  is also aimed  at  influencing social change and policies to ensure the better life and the future prospect of girls in Africa.

In her remarks at the event, the Green Girl Company Limited CEO, Dr. May Ikeora, thanked Heritage Bank for its support for the summit, adding that with the lender’s support, the organisation was making valuable contribution to Nigeria and the world.

She advised young girls not to focus on what society can do for them, but on what they can contribute to the society.

Also speaking at the event, a former “Miss Nigeria”, Helen Prest-Ajayi, stated that if the girl-child is better educated, the country would be a better place for all Nigerians. 

L-R: Fidelis Anosike, Chairman Folio Group; Dike Dimiri, Regional Manager, Lagos and South West, Heritage Bank and May Ikeora, Green Girl Company Limited, during the “Raising Girls Summit “19” which held in Lagos, sponsored by Heritage Bank, as part of activities to commemorate the International day of the Girl-Child.

JAMES HOPE COLLEGE ACQUIRES AMERICAN INTERNATIONAL SCHOOL LAGOS PROPERTY, OFFERS FULL SCHOLARSHIP TO 40% OF STUDENTS

The James Hope College (JHC) has announced the acquisition of the American International School Lagos (AISL) Lekki Campus facility to establish James Hope College in Lagos.  This was disclosed at the signing ceremony held yesterday at the Civic Centre, Victoria Island, Lagos.

The event had the Governor of Lagos, His Excellency Babajide Sanwo-Olu, the United States Ambassador ably represented by Carol Cox, the Chairman of AISL Board, Ali Safieddine and other prominent persons in attendance.

While giving his speech at the event, the Founder/Chairman of James Hope College, Mr. Jim Ovia stated that the College would continue to offer full scholarship based on merit, to 40% of all the students that would be admitted into the school.

James Hope College, a co-educational initiative of the Jim Ovia Foundation, offers a combination of British and Nigerian curricula. James Hope College is a Cambridge Associate School, a member of Council of British International Schools (COBIS) and Association of British Schools Overseas (AoBSO). JHC is in partnership with Microsoft Imagine Academy and GL Education.  JHC is accredited by Cambridge Assessment International Education (CAIE), Pearson Edexcel Examinations, and British Schools Overseas (BSO.

With the acquisition of this property, James Hope College is set to replicate in Lagos the outstanding academic performance it is known for. More importantly, the offer of full scholarship to 40% of the students on merit ensures that the school’s equal opportunity model of academic excellence is extended to all students regardless of their state of origin.

James Hope College Lagos will open its doors to students in September 2020.

Chairman, Jim Ovia Foundation, Mr. Jim Ovia,CON ( 3rd Left), flanked by His Excellency, the Executive Governor of Lagos, Mr Babajide Sanwo-Olu ( 3rd right); Representative of the American Ambassador to Nigeria, Ms. Carol Cox (1st Left); Chairman, Board of Directors, American International School Lagos (AISL), Mr. Ali Safieddine; Managing Partner, Olaniwun Ajayi, Prof Konyinsola Ajayi, SAN; and Member, Board of Trustees, James Hope College, Prof. Oyewusi Ibidapo Obe, OFR at the signing ceremony of the acquisition of American International School Lagos Property to establish James Hope College Lagos held at the Civic Centre, Victoria Island, Lagos on Wednesday.

UBA Foundation’s National Essay Competition 2019 to Reward Schools with Highest Entries

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has commenced the 2019 edition of its annual National Essay Competition in Nigeria with a call for entries.

Now in its 9th year, the essay competition, targeted at senior secondary school students in Nigeria is organised annually, as part of UBA Foundation’s education initiative which is aimed at promoting the reading culture and encouraging healthy and intellectual competition amongst secondary school students in Nigeria and across Africa.

At the media launch which took place at UBA headquarters in Lagos, the call for entries was announced today. Speaking at the event, the Chief Executive Officer, UBA Foundation, Mrs. Bola Atta, said the essay competition, which is in its ninth edition, will provide an opportunity for students in secondary schools across the country to put in their entries and to win prizes in the form of educational grants to study in any university of their choice on the African continent.

Beginning from last year, the prize money increased significantly as the UBA Foundation emphasises that education remains one of the foundation’s key initiatives.

The first prize for the UBA National Essay Competition is a N2 million educational grant, while the second and third prizes are N1.5 million and N1m educational grants respectively.

Speaking to the students and participants at the event, Bola Atta said, “To us at the Foundation, this is our drive to improve the quality of education across the continent. It is also our way of giving back to the society.  The competition is a key aspect of our investment drive in human capital, as we seek to improve knowledge base, allow students to express themselves and write creatively. We will continue to sustain the initiative because education is very important to UBA and we are more than committed to providing the necessary support for students in Nigeria and across the African continent,” she noted.

“We are driven by the mantra to do well and do good and we will not relent in our efforts to touch lives through our various projects, and initiatives,” Bola Atta told the excited students.

Explaining the modalities for the competition, she stated that entries received from students for the competition will be reviewed by a distinguished panel of judges made up of professors from reputable Nigerian Universities, who will then shortlist 12 best essays for further assessment.

Following this, a second round of the competition will involve the 12 finalists who will write a second supervised essay from which three best essays will be selected as the overall winners from the 12 finalists emerged from the first round of the competition.

Atta explained that the choice of essay for this year’s competition is one that helps promote creative and analytical thinking in students and helps them to be problem solvers. This year, the topic is “What do you think the government should do to control fraud in Nigeria?”

It is important to note that apart from Nigeria, the national essay competition has been taken to other African countries including Ghana and Senegal. More  countries including Mozambique and Kenya will kick off the initiative this year. A unique component of this year’s edition is that, schools that turn in the highest number of entries will be recognised and rewarded a special prize by the Foundation.

Also speaking at the call to entries today, the Group Head, Direct Sales Agency, Ogechi Altraidewho spoke on the benefits of reading and writing essays, motivated the students to research into the topics and give it their best shot, adding that there is the need for them to focus on adapting themselves to happenings in their generation, and to have a growth mindset. This she explained, will ensure that they can apply themselves and conquer whatever challenges they are faced with.

According to her, reading and writing go hand in hand, and so it is important for students to keep abreast of how the economy can develop through reading and writing.

An English teacher from Holy Child College, Ikoyi, Mrs Ezechukwu Ngozi, gave the students tips on how to write good essays, and advised them to keep to the proper tenets of essay writing to come out tops in the competition.

As the CSR platform for the UBA Group, UBA Foundation embodies the Group’s CSR objectives and seeks to impact positively on societies through a number of laudable projects and initiatives.

Each year, the bank donates thousands of books to students in Nigeria and across Africa, under the ‘Read Africa’ initiative to encourage and promote the reading culture in secondary schools.

l-r: Group Head, Brand Management, United Bank for Africa(UBA) Plc, Mr. Lashe Osoba; Managing Director /CEO, UBA Foundation, Mrs Bola Atta; Group Head, Direct Sales Agency, UBA Plc Ogechi Altraide; and Group Head, Energy and Oil, UBA Plc, Mr. Ebele Ogbue, during the commencement Ceremony for the 2019 UBA Foundation National Essay Competition for senior secondary school students in Nigeria held at UBA House on Tuesday
Managing Director /CEO, UBA Foundation, Mrs Bola Atta; Group Head, Direct Sales Agency, United Bank for Africa(UBA)Plc, Mrs Ogechi Altraide; Group Head, Brand Management, United Bank for Africa(UBA) Plc, Mr. Lashe Osoba, flanked by students of some selected secondary schools in Lagos during the commencement Ceremony for the 2019 UBA Foundation National Essay Competition for senior secondary school students in Nigeria held at UBA House on Tuesday
Group Head, Brand Management, United Bank for Africa(UBA) Plc, Mr. Lashe Osoba; English Teacher, Holy Child College, Ikoyi, Mrs Ezechukwu Ngozi; Managing Director/CEO, UBA Foundation, Mrs Bola Atta; Group Head, Direct Sales Agency, UBA Plc, Ogechi Altraide; Group Head, Energy and Oil, UBA Plc, Mr. Ebele Ogbue, during the commencement Ceremony for the 2019 UBA Foundation National Essay Competition for senior secondary school students in Nigeria held at UBA House on Tuesday
Group Head, Brand Management, United Bank for Africa(UBA) Plc, Mr. Lashe Osoba; English Teacher, Holy Child College, Ikoyi, Mrs Ezechukwu Ngozi; Managing Director /CEO, UBA Foundation, Mrs Bola Atta; Group Head, Direct Sales Agency, UBA Plc Ogechi Altraide; Group Head, External and Media Relations, UBA Plc, Mr. Ramon Nasir, flanked by students and teachers of some selected secondary schools in Lagos during the commencement Ceremony for the 2019 UBA Foundation National Essay Competition for senior secondary school students in Nigeria held at UBA House on Tuesday

FIRSTBANK PARTNERS WITH JUNIOR ACHIEVEMENT NIGERIA (JAN) TO HOST NATIONAL STUDENT ENTREPRENEURSHIP COMPETITION

Junior Achievement Nigeria’s (JAN) annual flagship event, National Company of the Year Competition (NCOY) will be taking place Thursday, 3rd October 2019. With the theme “Activating Disruptors”, this annual event brings the JA Company Program winners of our Regional Competitions together to compete for the National Company of the Year Award sponsored by First Bank of Nigeria Limited.  The winners will represent Nigeria against fellow JA Africa companies for the title of 2019 JA Africa Company of the Year set to hold in Ghana.

At NCOY, JA student companies present the results of their enterprise before a panel of independent judges. Participants must present the business achievements as a whole and each team member’s contribution. For a team to win this award, it is not sufficient just to run a financially successful JA company or create an exciting product/service. They must also demonstrate an understanding of why the company performed as it did. Judges also look for evidence of innovation in all aspects of a company’s operations. Students also present an Annual Report and host a Trade booth display.

The competition will be judged by Awuneba Ajumogobia, Non-Executive Director, UACN Property Development Company; Eloho Gihan-Mbelu, CEO, Endeavor Nigeria; Kehinde Olateru, CEO, Crenet TechLabs; Ibukun Akinola, Co-founder, Piggyvest.

According to JAN’s Executive Director, Mrs. Simi Nwogugu; “The National Company of the Year Competition 2019 is an opportunity for us to showcase the depth of potential that lies within these young minds and Junior Achievement Nigeria’s role in grooming the next generation of leading entrepreneurs. We thank First Bank of Nigeria Limited for sponsoring the NCOY competition for three consecutive years, a partnership we are pleased to reckon with, whilst contributing to the continued growth and development of the country. This is a call-to-action for corporate stakeholders, teachers, youths, entrepreneurs and all who support the cause of empowering youths to becoming not just leaders, but conscientious leaders leading a vibrant economy.”

Expressing her delight on FirstBank’s support and participation in the activities of Junior Achievement Nigeria, especially its National Company of the Year (NCOY), the Group Head, First Bank of Nigeria Limited, Folake Ani- Mumuney said” We are pleased to identify with JA Nigeria, especially on its giant strides at encouraging entrepreneurship amongst secondary school students in the country. With innovation and invention being essential at promoting opportunities for growth and development in the fast-changing world, the NCOY remains a platform to strengthen the intellectual development of young people in the society”.

 About Junior Achievement Nigeria

Junior Achievement Nigeria (JAN) is part of Junior Achievement Worldwide (JAWW), the world’s largest and fastest-growing non-profit economic education organization with a 120-country network. Since inception in 1999, JAN has reached over 970,000 students in over 20,000 classrooms in all the 36 states across the country and the FCT through over 4000 volunteers. As part of a global network, JAN is able to leverage resources and expertise to deliver localized cutting-edge experiential programs built on JAWW’s three pillars of work readiness, entrepreneurship and financial literacy, to in- and out-of-school youth ages 5 to 27 free of charge.

One third of Africans studying in U.S. are Nigerians – Official

About one-third of African students studying in the U.S. are Nigerians, an official said on Wednesday.
The Cultural Affairs Officer of the U.S. Embassy in Nigeria, Malia Heroux, made this known during an education fair for Nigerian students seeking admission into American universities for undergraduate and graduate studies.

The fair, organised by the EducationUSA Advising Center, is to familiarise Nigerian students with scholarships in U.S. universities.

The event was attended by students from over 20 public and private schools in Abuja.

Some of the American institutions present were Millersville University, Columbia College Chicago, Calvin University, University of Illinois, University of Chicago, and Webster University.

According to Ms Heroux, about 13,000 Nigerians go to study in the USA yearly. She said about 39,000 African students study in the USA indicating Nigeria makes up about a third.

Also speaking, the Chargé d’Affaires at the U.S. Embassy, Kathleen FitzGibbon, said the embassy assists the students in securing admission in universities in the United State.

She said the embassy helped to secure about $9 million worth of scholarship from colleges and universities last year.

“Individual universities in the USA gives scholarship, it is not us giving out the money as the government. In Abuja last year, the students got scholarship worth of $9 million and that is for Abuja alone,” she said.

She said there is a wide variety of programmes being offered in the U.S. and Nigeria universities.

“We also have people who come from the USA to study the Yoruba and Hausa language,” she said.

Students speak

Some of the students who interacted with PREMIUM TIMES said they attended with the hope of eventually security scholarships to study in the U.S.

A 16-year-old, Rhibetnan Plang, from Olumawu college said she hopes to go study in the U.S.

“I am here to look for schools that will have my course. I want to study public health. I grew up in Nigeria, I will like to move somewhere else,” she said.

Dudu Oluwapelumi, a 15-year-old from Government Science Secondary School Pyakasa-Maitama, said he wants to find a school that will have merit scholarship to study animal science.

 

The Next Titan Season-6: Heritage Bank continues to Boosts Entrepreneurship among Youths

Heritage Bank Plc, Nigeria’s most innovative banking service provider has again thrown its usual support behind the organizer of The Next Titan, so as to have a better and improved season six of the programme.

This year’s edition of the reality TV show is again headlined by Heritage Bank and is targeted at giving young entrepreneurs an opportunity to display their ingenuity and talents.

The programme, which also, focuses on ensuring that the entrepreneurial goals of the Nigerian youths are achieved, had its auditions in four of the six geopolitical zones of the country.

Speaking during the audition at the Sheba Event Centre in Lagos, the MD/CEO of the bank, Ifie Sekibo stated that the Heritage Bank has continued to make seamless efforts to demonstrate its commitment towards developing and positioning youths to become world-class citizens equipped and ready to be absorbed into an increasingly competitive workforce.

“One of the reasons why we chose, as an organization, to support the entrepreneurial growth and welfare of the youths is to see young men and women play vital roles in the socio-economic development of the country and help curb the high level of unemployment,” Sekibo said.

The MD, who was represented by the Head, Brand Management & Sustainability, Corporate Communications, Heritage Bank, Ozena Utulu, said Heritage Bank is positioned to lead the recovery of the economy through enhancing youth entrepreneurship development and engendering self-employment via its various initiatives and products.

According to Sekibo, the drive to support youths seeks to create, preserve and transfer wealth across generations. He explained that the entrepreneur schemes of the bank has always focused on dependable job-creating sectors, such as the agricultural value chain (fish farming, poultry, snail farming), cottage industry, mining, and solid minerals, creative industry (tourism, arts and crafts), and ICT.
Sekibo stated that the bank supported this initiative because of its belief in Nigerian youth, who make up about 80 percent of the country’s population. He further explained that Heritage Bank was impressed with the nature in which talents were sought out, the rigorous selection process and the integrity with which the overall scheme was delivered.

Sekibo expressed satisfaction in the long term sustainability of the initiative, stating, we will not support something that will not stand the test of time.

The Executive Producer, The Next Titan, and Managing Director, Bravopoints International Limited, Mide Kunle-Akinlaja explained, “the idea behind the next titans is to create a Nigeria of our dreams, the roll calls of entrepreneurs with businessmen and women who will boost the nation’s economy and become employers of labour. It is not just an ordinary show but a show that transforms lives.”

According to him, The Next Titan over the past five years has been the only major entrepreneurial reality show in Nigeria, which provides an opportunity for young aspiring entrepreneurs with good business ideas that can transform the economy to compete among themselves on television in order to win a grand cash prize and a brand new car to start their dreams.

He noted that it was a platform designed to ignite the entrepreneurial spirit of the generality of young Nigerians who may not have the opportunity to participate directly through its regional auditions, but who can watch the TV show, and who can, as a result, take a decision to ply the route of entrepreneurship as a viable career option.

L-R: Members of Heritage Bank’s Corporate Communications- John Adah, Processing Officer; Ozena Utulu, Head, Brand Management & Sustainability and Daberechi Ike-Obioha, Team Member, Designs & Creatives, during The Next Titan Season-six audition at the Sheba Event Centre in Lagos.

Fidelity Bank Donates Laboratory To Correctional Home

Fidelity Bank Plc, top Nigerian lender has handed over a well-equipped, state-of-the-art Kitchen/Catering Laboratory for the use of students at the Girls Correctional Home, Idi-Araba, Lagos. The project, according to the bank, is a clear demonstration of its unwavering support towards enhancing the lives and wellbeing of less privileged members of the society.

Speaking at the commissioning ceremony in Lagos recently, the bank’s Managing Director/Chief Executive Officer, Nnamdi Okonkwo said that the decision to embark on the project is borne out of a deep-seated realisation that vocational education remains vital to the development of any society.

Okonkwo who was represented the bank’s Head of Legal Division, Kingsley Ohiri thanked the Ministry of Youth & Social Development for giving them the opportunity to partner with the State and hoped to do more in the future. He also mentioned the bank had, in the past, carried out some CSR projects in the State such as the Correctional Centre for Boys, Birrel Avenue, Yaba where vocational training tools were provided for the use of wards at the centre.

While commissioning the project, the Commissioner for Youth and Social Development, Olusegun Dawodu said that the kitchen would provide the children the means to learn a new vocation which they would use to benefit themselves and the society at large.

Dawodu also reiterated the resolve of the State Government to prioritise the needs of the teeming youth saying, “The Lagos State Government would continue to support and empower the children and youth in the State with relevant skills in order to play active roles in the Nigerian economy, thereby creating wealth and reducing the rate of unemployment and criminal activities among the youths and children”.

He specifically thanked Fidelity Bank for supporting the Government and especially the youths in the State by initiating and extending their Corporate Social Responsibility (CSR) to ensure that the society is impacted positively.

On her own part, the Permanent Secretary in the Ministry, Yewande Falugba, emphasised the need for well-meaning Nigerians and organisations to emulate Fidelity Bank by partnering with the State Government in ensuring the social well-being of the youths and children.

L-R: Head HRBP & Recruitment/CSR & Sustainability, Chris Nnakwe; Reps of the Governor of Gombe State, Perm Sec Ministry of Health, HRH Hassan Ibrahim; Branch Leader Gombe, Umar Bappi; Reps of the Speaker, Haruna Wambai; District Head of Lubo, Usman Mohammad during the official commissioning of the renovated Primary Healthcare Centre, Lubo in Gombe State.
L-R: Reps of the Governor of Gombe State, Perm Sec Ministry of Health, HRH Hassan Ibrahim reads the text on the plaque during the official commissioning of the renovated Primary Healthcare Centre, Lubo in Gombe State as Head HRBP & Recruitment/CSR & Sustainability, Chris Nnakwe looks on.
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