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Two LBS Alumni Emerge Finalists at 2018 AMBA Awards



Two LBS Alumni Emerge Finalists at 2018 AMBA Awards

By Dipo Olowookere

Two alumni of the Lagos Business School (LBS), Glory Eyinnaya (EMBA 21) and Aidenehi Okosun (MBA 14), have emerged finalists for the Association of MBAs (AMBA) Awards Student of the Year and the Entrepreneurial Venture of the year respectively, at the event held in London, United Kingdom.

The AMBA Student of the Year award sponsored by the Wall Street Journal is for the high performing MBAs who demonstrate outstanding skills and motivation towards becoming tomorrow’s business leaders and the MBA Entrepreneurial Venture Award celebrates the achievements of successful alumni who are trailblazers in world-class business strategy.

These awards also showcase the Business Schools that are nurturing the spirit of enterprise and ambition.

Glory Enyinnaya is a Management Consultant, Entrepreneur and a Prosci-certified Change Manager who has led the implementation of change on several technology implementation projects across Africa, including the West African team of the world’s largest SAP deployment. She studied Accounting at the University of Nigeria and concluded an Executive MBA from Lagos Business School at the Pan-Atlantic University, Lagos in 2017.

Currently, she is the founder and Lead Consultant of Kleos Africa, an online consulting platform which aims to enable value-adding interactions between African SMEs and experienced MBAs and professionals, with the aim of increasing the rates of successful entrepreneurship in Africa.

She is also the Program Manager for the African Women Entrepreneurship Cooperative (AWEC), an initiative of the New York-based Centre for Global Enterprise, which aims to empower 3,000 African women entrepreneurs by 2021. She is the President of the Lagos Business School chapter of the Beta Gamma Sigma, an international association for high-performing business-school graduates.

Aidenehi Okosun possesses about seven years of post-graduate experience in various industries including the Energy, Technology and Food & Beverage industries where he has held several leadership roles ensuing his graduation from Management Information System at Covenant University and is a seasoned Business Developer with skills in Corporate Finance, Business Strategy, Financial structuring and modelling, Valuation and deal structuring, Process Improvement, Project Management and go-to-market strategy design.

He presently sits on the board of several start-ups and provides mentorship to a slew of budding entrepreneurs. He has a keen penchant for “Social Entrepreneurship” and “Impact Investing”; particularly on business models that improve the Quality of Life in emerging markets especially in sub-Saharan Africa.

He also has volunteer experience including the Tony Elumelu Foundation (TEEP), the Barcelona Technology Transfer Group, and the Diamond Bank Entrepreneurship Initiative.

Eyinnaya and Okosun were both delighted to have gotten to the final stages of the competition and are proud to be flying the flag of their Alma Mata.

According to Okosun “Lagos Business School is one of only two schools who had nominees in major award categories, and this is worthy of note because LBS only recently became an AMBA accredited institution, the only school in West Africa with such coveted accreditation.”

Eyinnanya also stated that “I am very proud to have been nominated by LBS and to have reached the final stage of a competition that aims at recognizing the highest performing MBAs who have distinguished themselves in leadership, social impact and intellectual achievement.”

According to the Dean of Lagos Business School, Dr Enase Okonedo“ I am sure that they will be  inspirations to many, including the current MBA students; not only to compete in competitions but to get involved in things that are impactful as well as contribute to social and economic development.

LBS has congratulated Eyinnaya and Okosun on this milestone and wished them success in their future endeavours.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via


OOU Introduces Work-Study Programme to Reduce Attrition



work-study programme

By Adedapo Adesanya

To boost employment numbers and reduce the alarming attrition of students, Olabisi Onabanjo University (OOU), Ago Iwoye, Ogun State, has announced the commencement of a work-study programme for skilled students to earn while still attending classes.

The university said in a statement issued by its Registrar, Mr Femi Ogunwomoju, that the initiative would help ease the financial burden on parents and guardians and reduce the rate at which students drop out of school due to financial constraints.

Mr Ogunwomoju said the programme, through the directorate of entrepreneurship studies, “will enable students with demonstrable and proven vocational skills to work in the university and earn some stipends and still attend classes.”

Nigeria has the second highest number of unemployed youths in the world, with 53 per cent of the youth population without jobs. This country is second to only South Africa, which has 61 per cent youth unemployment.

OOU said it launched the work-study programme during its 40th anniversary in February to checkmate the increasing rate of dropouts in the institution.

“When we noticed the rate at which students were dropping out, we did the SWOT analysis of what happened to them,” said the university’s Vice-Chancellor, Mr Ayodeji Agboola, was quoted as saying in the statement.

“We came to realise that the major problem there is funding. So, we instituted immediate funding, but of course, it cannot take care of all of them,” the professor said.

He said the university, therefore, resolved to cater for 500 students under the work-study programme.

“With work studies, we are sure that the majority of them will be accommodated, and that will also solve the problem,” he said.

Students of the university who are interested and qualified to be part of the programme are requested to fill out a form.

The university management, therefore, urged interested qualified students should register through the Directorate of Entrepreneurship Studies within two weeks beginning from May 25.

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200 Undergraduates to Enjoy Stanbic IBTC N80m University Scholarship Scheme



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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Wema Bank Employees Donate Items to Isale Eko Grammar School



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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