Heritage Bank Partners Generation Next Train 1,500 Pupils for Leadership Roles

Image

By Dipo Olowookere

Heritage Bank Limited, Nigeria’s Most Innovative Banking Services Provider has partnered with Generation Next, a-non-governmental organisation to prepare over 1,500 secondary school students for leadership role that will take Nigeria to greater heights in the future.

The programme, themed ‘Raising Emotionally Intelligent Generation,’ held in Lagos yesterday, spanned digital knowledge, career, education and confidence building for students in the age brackets of nine to 17 years from Command Day Secondary School, Ikeja; Vivian Fowler Memorial College for Girls; Ifako International Schools, Iju Road, Ifako-Ijaiye; The African Church Model College, Agege and Baptist Boys Academy, Obanikoro among others.

Speaking on the importance of savings, Mrs Cynthia Erigbuem, Group Head, Market Intelligence and Analytics of Heritage Bank, noted that inculcating savings culture at an early age in children was very important because sometimes they might have ideas but if they had not put aside money, they would not be able to bring it to reality.

She enjoined them to tell their parents to open savings accounts with Heritage Bank for them so that they would be able to save significant amount of money before they would reach 20 years of age and thereby be able to bring their dreams and ideas to life.

Mrs Erigbuem told the students that when they saved money with the bank, they would earn interest on the savings and the sky would be their limit by the time they come of age.

Convener of the programme, Mrs Olufunke Fajuyigbe, in her remarks said the essence of Generation Next is to prepare the youths for a new Nigeria, remarking that the youths are the only people can make a new better Nigeria.

She said they had specifically selected children in the age bracket of nine to 17 years, which is a critical age bracket for every country, adding that the colour, the picture and the greatness of the country depends on them and enjoins them to open their minds so that they can be the voice representing the next generation.

Also speaking, Professor Anthony Kila, Director of Studies at ECAPS in Cambridge, The European Centre of Advanced and Professional Studies, advised the organisers to hold the programme twice yearly, one for parents and the other for students in a bid to achieve the objective.

Prof Kila who said emotion denotes feeling, enjoined the students to understand the feelings of their parents and their own and break the bridge between them with effective communication.

He said the most precious thing in life is information and this generation is the most privileged in the history of mankind, because this is the first time that there is so much information available to the world.

The Professor promised the students that discerning ones among them would join other students in the world in Cambridge, the United Kingdom to write an essay on “The Cambridge Experience,” the role of the most emotionally intelligent people in the generation next and the winners would win the Anthony Kila’s prize of $300.

In his contribution, Mr Taiwo Kola-Ogunlade, Manager, Communications & Public Affairs for Google West Africa exposed the students to how they could use Google to obtain any information they needed on the internet and promised to expose five of them from the programme to the international community in the area of computer science.

Miss Atiku Nafisat Emmanuella, a young legal practitioner, talked on purpose and leadership, remarking that purpose can be defined as the reason for doing a thing. It is the reason for existence and it is the reason for any mission, while the leadership can be defined as taking responsibility to solve a problem.

Share
Related Stories
Image
11-October-2023

Northern Nigeria Faces Educational Threat—Lawmaker

By Bliss Okperan A lawmaker representing Kaura-Namoda/Birnin Magaji Federal Constituency in the National Assembly, Mr Aminu Sani Jaji, has raised alarm over the safety of children in schools in some parts of Northern Nigeria. The part of the country has witnessed kidnappings by terrorists and bandits, including in schools, leading to a low appetite for education over safety issues. While addressing newsmen in Abuja, he said, “These concerns intensify as incidents like the kidnapping of Federal University Gusau students follow purported dialogues, prompting public figures to call for a holistic approach to address the insecurity crisis decisively.” “Addressing the issue

Image
30-October-2023

81 Secondary School Students Begin Race for N12.5m InterswitchSPAK 5.0

By Modupe Gbadeyanka On Sunday, October 29, 2023, the race for the sharing of N12.5 million by the top 3 contestants of the fifth edition of the InterswitchSPAK National Science Competition commenced. A total of 81 secondary school students are competing for the crown of the best Science, Technology, Engineering, and Mathematics (STEM) students in Nigeria. The first prize winner will receive a whooping sum of N7.5 million worth of scholarships for five years, a laptop, and monthly stipends. The second-place winner will receive N4 million in scholarships for three years, a laptop, and monthly stipends, while the third-place winner

Image
23-September-2023

UNIOSUN Targets Spot in 10 Top Universities in Nigeria by 2026

By Bliss Okperan The University of Osun State (UNIOSUN) has set a goal to achieve a spot in the 10 top universities in Nigeria by 2026. The Vice Chancellor of the institution, Prof. Clement Adebooye, while speaking on Friday at the main campus of the university in Osogbo, said the management also intends to make the school one of the 25 best in Africa in three years’ time. According to him, the management has begun to implement the strategies designed to meet this target, including providing a peaceful academic environment for students and others. He expressed the commitment of the

Image
26-September-2023

400-year-old British Institution Opens $150m School in Lagos

By Adedapo Adesanya A 400-year-old British educational institution, Charterhouse, has commissioned its first African school, currently in progress on a sprawling 70-hectare site located at Ogombo in Lekki, Lagos. The introduction of Charterhouse Lagos marks the convergence of British independent school heritage with cutting-edge educational practices, ushering in a new era of excellence in West African education. Charterhouse Lagos will represent a remarkable educational undertaking in the commercial capital of the country, with the planned $150 million campus expected to be fully delivered in 2028. The school’s development will unfold gradually, with the first intake of primary school students in

More Stories
Image
24-July-2021

Making New Kings of Mastery

Let’s be honest, we do not adore those African traditional movies anymore. The ones where coronation ceremonies are held; where the king will be forced to drink one or two concoctions, perform some ritual rites and then finally sit on his throne and have people sing great songs to him. While some of us have stopped consuming that form of Nollywood entertainment, we forget that we live it every day. We want to become kings and masters at our workplaces, or in businesses we manage, we want to have those skills that make us “boss”. So, we perform the rites

Image
17-November-2018

Instablog9ja: John Abayomi Writes Linda Ikeji, Demands Apology

By Dipo Olowookere Online Editor of Punch Newspaper, Mr John Abayomi, has threatened to sue popular Nigerian blogger, Ms Linda Ikeji, over a story published on her blog this week. The famous blogger had claimed that Mr Abayomi, a former Online Editor of Vanguard Newspaper, was the owner of the popular gossip blog, Instablog9ja, which has been a thorn in the flesh of many Nigerian celebrities. But reacting through his counsel, Falana and Falana’s Chambers, the seasoned journalist said there was no iota of truth in Ms Ikeji’s exclusive story. Mr Abayomi said since the story was published on the

Image
04-February-2018

QNB Most Valuable Banking Brand in Middle East, Africa

By Dipo Olowookere Largest financial institution in the Middle East and Africa, QNB Group, was recognized once again as the most valuable banking brand in the region with brand value worth $4.2 billion, according to The Banker’s 2018 Brand Finance Global 500 report published in its February edition. QNB’s brand value has grown to $4.2 billion compared to $3.8 billion in 2017, an 11 percent year-on-year increase, while the Group’s Brand Strength Index (BSI) has increased from 76.4 out of 100 to 78.4 out of 100, driven by its constant strong financial performance and growing international expansion. QNB also marked

Image
18-July-2018

Buhari Appoints Banire as AMCOM Chairman

By Dipo Olowookere Erstwhile National Legal Adviser of the ruling All Progressives Congress (APC) Mr Muiz Banire (SAN), has been appointed as Chairman of Asset Management Corporation of Nigeria (AMCON). Mr Banire was appointed for the position by President Muhammadu Buhari; however, this is subject to confirmation by the Senate. In a letter to the upper chamber of the National Assembly yesterday, the President said the appointment of Mr Banire was, “In compliance with section 10(1) of the Asset Management Corporation of Nigeria (AMCON) Act 2010.” Mr Buhari said, “It is my hope that the distinguished senate will consider and

Image
17-August-2016

EFCC Detains Ex-Imo Governor Achike Udenwa

A former Governor of Imo State, Achike Udenwa has been kept in the custody of the Economic and Financial Crimes Commission (EFCC). Mr Udenwa was rearrested on Wednesday, August 17, 2016, by the anti-graft agency in connection with an alleged N350 million fraud. The former Governor allegedly embezzled the money during the last presidential election. Mr Udenwa, as the State Co-ordinator for The Presidential Campaign Organisation in Imo State, allegedly collected the money from the former senator representing Kaduna South and Director of Finance for the PDP presidential campaign organisation, Nenadi Usman. The suspect, in his statement to the Commission

Image
14-February-2021

Oyo to Compensate Victims of Shasha Ethnic Clash

By Modupe Gbadeyanka Victims of the ethnic clash at the Shasha Market in Ibadan, Oyo State have been promised compensation by Governor Seyi Makinde. The Governor was at the community on Sunday to have talks with the warring groups as well as their leaders. He was accompanied by his Ondo State counterpart, Mr Rotimi Akeredolu, who was there on behalf of the South West Governors. During the visit, Mr Makinde appealed for calm and peaceful coexistence between the Hausa community and their Yoruba hosts, urging them not to take laws into their hands. “Please, I want you to listen to

Image
22-June-2022

BCG Advises Fuel Retailers to Modernise Service Stations

By Modupe Gbadeyanka If fuel retailers intend to survive and remain in business in the future, they must begin to make plans to modernise their service stations to support electric vehicles, supply biofuel as well as capitalize on their real estate, and zero in on sustainable practices. In a new report by Boston Consulting Group (BCG), a leading global management consulting firm, it was disclosed that only those who heed this suggestion may continue to operate in the fast-emerging landscape. The fuel industry has long been facing disruptive forces, and these have only accelerated since the beginning of the COVID-19

Image
25-January-2020

CBN Raises Cash Reserve Ratio by 5% to 27.5% from 22.5%

By Adedapo Adesanya The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Friday, January 24, announced a rise in the basis points of the Cash Reserve Ratio by 500 basis points from 22.5 percent to 27.5 percent. The apex bank, at the end of its first Monetary Policy Committee (MPC) meeting on Friday in Abuja, however, disclosed that it was keeping other parameters constant, with the Monetary Policy Rate (MPR) at 13.5 percent. The CBN also left the Liquidity Ratio (LR) steady at 30 percent and the Assymetric Corridor around the MPR at +200/-500 basis points.

Ad
Ad
Recent Stories
Image
02-December-2023

Strong Inflationary Pressures Keep Nigeria’s Private Sector PMI Down

By Modupe Gbadeyanka Strong inflationary pressures in November further negatively impacted companies in Nigeria, with new orders and output both falling as customers were either reluctant or unable to pay higher charges. Purchase prices rose at the fastest pace in almost two years amid exchange rate weakness and higher costs for fuel and materials. According to the latest Purchasing Managers’ Index (PMI) from Stanbic IBTC, business conditions remained under pressure, scoring 48.0 points last month compared with the 49.1 points it garnered in October 2023. Readings above 50.0 signal an improvement in business conditions, while readings below 50.0 show deterioration.

Image
02-December-2023

Coker-Odusote: 100 Days at the Helm of NIMC

By Walter Duru, Ph.D It was Albert Einstein who once said that “setting an example is not the main means of influencing another, it is the only means.” That sentiment expressed by Einstein is the primary essence behind the theory of transformational leadership, which requires passion, charisma, and the ability to motivate others. Transformational leaders are usually very authentic, emotionally intelligent, great listeners, results-focused, visionary, and self-aware. In just 100 days at the helm of the National Identity Management Commission (NIMC), Engr. Abisoye Coker-Odusote has ushered in a new era of transformational leadership, leaving an indelible mark on the organization. Her eventual confirmation

Image
02-December-2023

Partnerships for Progress: Collaboration Between Banks and Fintechs is the Future of Banking in Africa

By Ike.S Anison Historically, the formal banking sector’s penetration in Africa has been relatively low. And, while there has been significant improvement in this area in recent years, there is still a significant portion of the population on the continent who are unbanked or lack access to financial services. According to the World Bank, approximately 350 million adults in sub-Saharan Africa are still unbanked, accounting for 17% of the 2 billion global unbanked population. This has largely been due to a struggle to tap into the continent’s low-income segment, the widest proportion of the population. Consumers within this market feel

Image
02-December-2023

Naira Plunges 11.4% to N927/$1 at Official Market as FX Demand Rises

By Adedapo Adesanya The Naira started the first trading session in the last month of 2023 on a negative note after it depreciated against the Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM), which is the official FX window, by 11.4 per cent or N94.87 on Friday, December 1, closing at N927.19/$1, in contrast to Thursday’s exchange rate of N832.32/$1. The December rush for forex contributed to the weakening of the domestic currency in the spot market yesterday, as the supply of foreign currency could not meet what customers needed. Data showed that the value of FX transactions recorded

Image
02-December-2023

Newrest, FrieslandCampina, Acorn Drive 0.14% Gain at Unlisted Stock Market

By Adedapo Adesanya The trio of Newrest Asl Plc, FrieslandCampina Wamco Nigeria Plc, and Acorn Petroleum Plc made the NASD Over-the-Counter (OTC) Securities Exchange appreciate by 0.14 per cent on Friday, December 1. The three gainers pressed down the 8 Kobo loss reported by UBN Property Plc, which closed the trading session at N1.52 per unit compared with the preceding day’s value of N1.60 per unit. During the trading day, Newrest Plc gained N1.46 to close at N16.10 per share compared with Thursday’s closing price of N14.64 per share, FrieslandCampina Wamco Plc moved up by 60 Kobo to end the

Image
02-December-2023

Oil Falls on Worries About Voluntary Supply Cuts

By Adedapo Adesanya Oil slumped by more than 2 per cent on Friday as traders showed scepticism about the depth of supply cuts by the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) as well as concerns about sluggish global manufacturing activity. Brent crude went down by $1.98 or 2.45 per cent to close at $78.88 a barrel as the US West Texas Intermediate (WTI) crude dropped $1.89 or 2.49 per cent to sell for $74.07 a barrel. For the week, Brent posted a decline of about 2.1 per cent, while WTI lost more than 1.9 per cent.

Image
02-December-2023

Sanwo-Olu Assures Businesses More Incentives, Commissions New Godrej Factory

By Modupe Gbadeyanka Business owners in Lagos have been assured of more incentives by the state governor, Mr Babajide Sanwo-Olu, who added that this is part of his administration’s commitment to reforms aimed at improving the ease of doing business and enhancing investment opportunities. Speaking at the commissioning of the newly-built wet hair production factory of Godrej Nigeria Limited, the Governor said his government would continue to pursue actions that would eliminate red tapes and regulatory impediments hindering the growth of businesses in the state, thereby demonstrating his willingness for continued collaboration with the private sector to improve the livelihood

Image
02-December-2023

Nigerian Exchange Begins December With 0.08% Growth

By Dipo Olowookere The Nigerian Exchange (NGX) Limited commenced the first trading session in December 2023 on a bullish note, with a marginal growth of 0.08 per cent. Sustained buying pressure kept Nigerian stocks in the positive territory, extending the dominance of the bulls on Customs Street, though the turnover waned. Business Post observed that investors cherry-picked equities in the banking and the energy sectors during the session, leaving them rising by 1.14 per cent and 0.05 per cent, respectively. However, the insurance counter lost 1.10 per cent, the consumer goods index depreciated by 0.08 per cent, and the industrial

Image
01-December-2023

CBN Orders Banks to Place PND on Accounts Without BVN, NIN

By Adedapo Adesanya All bank accounts without Bank Verification Number (BVN) and National Identification Number (NIN) will from April 2024 have “Post No Debit (PND)” placed on them. This is the latest directive of the Central Bank of Nigeria (CBN) to financial institutions operating in the country. In a circular issued by the apex bank and sent to all deposit money banks (DMBs) on Friday evening, the CBN said all the BVN or NIN attached to and/or associated with AL accounts/wallets must be electronically revalidated by January 31, 2024. In the circular seen by Business Post, the central bank said

Image
01-December-2023

LCCI Demands Transparency in CBN Recapitalisation Plan

By Adedapo Adesanya The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to strengthen its banking supervision to prevent some crucial Nigerian banks from failing due to its planned recapitalisation. Last Friday, the Governor of CBN, Mr Olayemi Cardoso, said the CBN would be directing banks to increase their capital base to serve a $1 trillion economy to be achieved by 2030. In a statement signed by Mrs Chinyere Almona, the director general of LCCI, the chamber said, “On recapitalisation of banks, we commend the plan of the apex bank to review the