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CIBN, NBTE Move to Deepen Banking, Finance Education

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banking and finance education NBTE

By Adedapo Adesanya

The Chartered Institute of Bankers of Nigeria (CIBN) has signed a Memorandum of Understanding (MoU) with the National Board for Technical Education (NBTE) to improve banking and finance teaching in polytechnics across the country.

This was made known in a statement issued by CIBN, noting that the collaboration would focus on the infusion of practice into the teaching of banking and finance in polytechnics in the country.

The institute said the practice would address the missing links in the country’s educational system.

Dr Ken Opara, the President of CIBN, commended the leadership of NBTE led by Professor Idris Bugaje and for the numerous achievements toward developing and improving the country’s education system.

”We are happy to lead and be part of the accreditation team that will be visiting the polytechnics to ensure that teaching of banking and finance courses complies with the standards set by NBTE.

“This quality assurance process will certainly help to guarantee that graduates of our polytechnics are equipped with contemporary knowledge and skills.

“These knowledge and skills are required to cope with the changes in the ever-evolving financial services industry.

“Recall that in 2018, the institute expressed its interest in collaborating with the NBTE to review the banking and finance, National Diploma (ND) and Higher National Diploma (HND) curriculum.

”I am delighted to mention that this request was favourably considered by NBTE, and the Institute was given the mandate to sponsor the review of the ND and HND banking and Finance curriculum,” Dr Opara said.

He said the curriculum review took place between February 6 and 10, putting to an end the 19-year-old curriculum that had been used in the training of banking and finance students across the country.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

Education

200 Undergraduates to Enjoy Stanbic IBTC N80m University Scholarship Scheme

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Stanbic IBTC IDE

By Aduragbemi Omiyale

No fewer than 200 undergraduates who performed well in the University Tertiary Matriculation Examination (UTME) will enjoy N80 million worth of educational support from Stanbic IBTC Holdings Plc.

The funds would be disbursed to the beneficiaries under the Stanbic IBTC 2023 University Scholarship Award Scheme.

The selection process for the scholarships was rigorous and fair, with beneficiaries chosen from each of the six geo-political zones in Nigeria. The candidates were carefully evaluated based on merit, taking into account their exceptional academic performance, the organisation said.

The 200 scholarship recipients will be able to pursue their dreams with financial confidence, knowing that Stanbic IBTC will stand firmly by their side.

The company disclosed that the money would be given to the students in annual instalments over the course of four academic years. It would provide recipients with the essential financial assistance required to meet their educational expenses.

Subsequent disbursements will be contingent upon the beneficiaries fulfilling certain criteria. These criteria include maintaining their enrolment in the universities and degree programs to which they were admitted, as well as adhering to the academic and administrative policies set forth by their respective institutions, the firm stated.

By ensuring compliance with these requirements, the recipients can continue to receive the scholarship throughout their academic journey, facilitating their uninterrupted pursuit of higher education, it added.

“At Stanbic IBTC, we recognize the importance of education and its role in shaping the future of our great nation, Nigeria.

“Our principal objective for this scholarship is to provide unlimited opportunities for bright, young Nigerians who have demonstrated academic merit,” the chief executive of Stanbic IBTC, Mr Demola Sogunle, said.

He noted that the number of annual scholarship recipients was increased from 100 to 200, as education should not be a luxury reserved for a select few but accessible to all.

By investing in the academic journeys of these exceptional students, the leading end-to-end financial institution will not only make a difference in their lives but also contribute to the development and prosperity of the nation as a whole.

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Education

Wema Bank Employees Donate Items to Isale Eko Grammar School

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Isalẹ Eko Grammar School Wema Bank

By Modupe Gbadeyanka

It was an exciting moment for students of Isalẹ Eko Grammar School, Lagos and a fulfilling time for employees of Wema Bank Plc when they delivered some tables and chairs to the institution last Friday.

The items were donated to the school as part of the financial institution’s corporate social investment (CSI) initiative aimed to contribute to the development of education in the country, especially in its host communities.

It was gathered that Wema Bank employees purchased the items for the school by contributing the salaries under the Salary for Love campaign of the lender.

The bank expressed optimism that the items would undoubtedly transform the learning environment, creating a haven of comfort and inspiration for the students as they embark on their academic journeys.

Apart from the furniture donation, Wema Bank extended its support even further by bestowing scholarships upon two students of Isalẹ Eko Grammar School.

These scholarships, provides invaluable financial assistance and will serve as stepping stones for these exceptional students as they unlock their full potential and courageously chase their dreams.

At the presentation of the items to the school, the Head of Credit Risk Management at Wema Bank, Mr Uchenna Obazeh, emphasized the bank’s firm belief in the transformative power of education.

He commended the unwavering dedication of Wema Bank’s staff members and their resolute commitment to supporting education within the community.

“Through the ‘Salary for Love’ initiative, our employees have showcased their exceptional devotion to shaping a brighter future through education. We are humbled to contribute to the growth and development of Isale Eko Grammar School, as we remain steadfast in our mission of corporate citizenship,” he said.

In his remarks, the Principal of Isalẹ Eko Grammar School, Mr Mukaila Olatoye, expressed deep gratitude on behalf of the institution, recognizing the profound influence this generous donation will have on the students’ educational pursuits.

Also, the students thanked Wema Bank for the donation.

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Education

Business School Netherlands Retains Tier One Global Rating

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Business School Netherlands retains

The Business School Netherlands has been ranked again among the TIER ONE Global MBA Business Schools in the latest edition of the CEO Magazine Global MBA Rankings.

The Action Learning Business School has received ranking and recognition for over 10 years in a row.

Excellence has become timeless at BSN as Venture capitalists, Global CEOs, and Directors of International Corporations and Multinationals continue to rate the quality of Action Learning MBA graduates from the Business School among the best in the world, using a system entirely geared and weighted towards fact-based criteria.

CEO Magazine has been showcasing top business schools from around the globe since its first launch in 2008.

In 2012 the publication launched its annual Global MBA Rankings, profiling MBA, Executive MBA and Online MBA programmes.

Over the last 35 years, Business School Netherlands has trained over 7000 Action Learning MBA graduates who are now top business transformation leaders who are result and growth driven in different sectors of today’s disruptive, volatile, unpredictable, ambiguous, risky and diverse business world.

Business School Netherlands is present in The Royal Kingdom of Netherlands and has study centres in different locations across the globe, including Lagos, Abuja and Port-Harcourt in Nigeria.

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