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12 Finalists Emerge in the UBA Foundation National Essay Competition 2018 

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With an annual increase in entries, twelve finalists have been selected in the 2018 UBA Foundstion National essay competition.

The 12 finalists will sit for the second round of the competition, where three winners will emerge after undergoing supervised essay writing on a different topic from the original entry, on Saturday November 25, 2018 at the Bank’s headquarters in Lagos
The 12 finalists were selected after a very tedious grading process undertaken by a distinguished panel of judges made up of top professors from reputable higher institutions from the four geographical zones in Nigeria. The students were graded using some parameters including grammar, articulation, arrangement, handwriting, punctuation and strength of argument.
Interestingly, this year’s edition recorded the highest participation, with more entries coming in from various secondary schools across the country – even after entries had been closed. In all, over 6,000 entries were received for this year’s edition.
The names of the finalists in no particular order are: Ugwuagbo Chinweizu of Lydia of Shalom Academy Nsukka; Israel-Olusegun Daniel of The Fountain Comprehensive Secondary School, Ogun State; Alo Praise Ayomiposi of Lagos African Church Grammar School, Lagos State; Adeyemi Abdul-Lateef of Pivic Colege Iba, Lagos State, Adetola Ibukunoluwapo from Vivian Fowler Memorial College, Lagos; Odjegba Omesiri Divine of International High School, Delta State; Hezekiah Tiffany Uruaku of Faith Academy Rivers State.
Others are Ozemoka Halimat Emesomi, University Preparatory Secondary School, Edo State; Idogbo Sharon O. of Holy Child College, Lagos; Adiankpo Ini- Iso Christopher of Nigerian Christian Institute, Uyo and Komolafe Justice Babatunde of Kingsfield College, Lagos State.
The essay competition, which targets senior secondary school students is organized annually, as part of UBA Foundation’s Education initiative aimed at promoting the reading culture and encouraging healthy and intellectual competition amongst secondary school students in Nigeria and across Africa.
This year, the topic is “What is the biggest environmental issue you think your generation will face? How can it be avoided and how can it be solved?”
The Chief Executive Officer of UBA Foundation, Mrs. Bola Atta, who announced the new prizes explained that the first prize for the UBA National Essay Competition is a N2 million educational grant for the winner to study in any African university of his or her choice, a 100% increase from N1m which was awarded last year, while the second and third prizes have increased to N1.5 million and N1m educational grants respectively, up from N750,000 and N500,000 previously obtained.
Atta also explained that the choice of topic for this year’s competition is one that helps promote creative and analytical thinking in students and encourages them to be problem solvers.
UBA Foundation’s National Essay Competition has been taken to other African countries including Ghana and Senegal as well as Mozambique and Kenya. The initiative will spread to more African countries in 2019.
UBA is one of Africa’s leading banks with operations in 20 African countries. It also has presence in the global financial centres; London, New York and Paris. UBA provides banking services to more than 15 million customers globally, through diverse channels.
UBA Foundation is the corporate social responsibility arm of the United Bank for Africa (UBA) Plc.

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Desarrollar Partners with Top Firms to Improve Real Estate Solutions

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Desarrollar Limited a lifestyle and leading real estate solutions company in Lagos, Nigeria has partnered with Union Trustees Limited, First Bank Trustees Limited and Banwo & Ighodalo  and The Lodt Legal Partners to improve real estate services and solutions.

The partnership which was signed on Monday, in Lagos, will unveil Nigeria’s most secure and institutionalized real estate trust consortium aimed at safeguarding the financial investments of Nigerians and Africans living abroad and in Nigeria.

According to the Lead Partner, Desarrollar Limited, Mr Ikemefuna Mordi, the trust framework includes Nigeria’s leading Trustees, legal firms and real estate firms which will work towards ensuring and providing real estate solutions.

Ikemefuna said, “Desarrollar and its partners have created an institutionalised safe-haven to protect Nigerians and Africans in the Diaspora and those living on the African continent from fraud, deception and, sometimes, misplaced dependence on dishonest family-based relationships, through delivering full, seamless and stress-free lifestyle colutions to the Nigerian and African communities both at home and abroad.

Managing Director FBNQuest Trustees, Mr. Adekunle Awojobi, Lead Partner Desarrollar Group, Mr. Ikemefuna Mordi and Managing Director/CE UTL Trust Management services Mrs Olufunke Aiyepola at the official all Parties signing ceremony between Desarrollar group, a leading Lifestyle and real Estate solutions company and its partners in Lagos recently

Senior Partner, Banwo and Ighodalo, Mr. Olufemi Banwo and Lead Partner Desarrollar Group, Mr. Ikemefuna Mordi at the official all Parties signing ceremony between Desarrollar group, a leading Lifestyle and real Estate solutions company and its partners in Lagos recently.

He explained t

hat Desarrollar applies a premium standard of excellence to its residential development, commercial development and real estate acquisition services in Nigeria, The United States and the United Kingdom.Their www.desarrollargroup.com throws more light on their Service offerings

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FIRSTBANK RESTATES COMMITMENT TO SMES, AGRIC SECTOR GROWTH

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Yewande Zaccheaus, CEO, Eventful Limited; Ibukun Awosika, Chairman, First Bank of Nigeria Limited and Tiyan Alile, Founder and Promoter of Culinary Academy at Fiesta of Flavours, the food festival event organised by Eventful Limited and sponsored by FirstBank.

By NAN (Oluwafunke Ishola)

First Bank of Nigeria Limited has expressed its commitment to the growth of the agricultural value chain and creating opportunities for the Small and Medium Enterprises (SMEs) to thrive in the country.

Its Group Head, Marketing and Corporate Communications, Mrs Folake Ani-Mumuney, made the assertion at the fourth edition of Fiesta of Flavours in Lagos.

The News Agency of Nigeria (NAN) reports that the Fiesta of Flavours is a food and beverage fair that provides an avenue for participants to fully experience the entertainment, art and business of food.

The fair organised by FirstBank in collaboration with the Eventful Ltd, connects SMEs with prospective customers toward boosting sales, exposure and business growth.

Ani-Mumuney said that the financial institution was committed to helping SMEs in the food sector to grow and develop, while promoting economic diversification.

According to her, SMEs are critical to the development of the nation’s economy and should be supported by all stakeholders in the overall national interest.

Also, Mrs Yewande Zaccheus, the Chief Executive Officer, Eventful Ltd., said that the initiative had created a platform that converges SMEs and customers in a relaxed atmosphere while promoting business activities.

Yewande Zaccheaus, CEO, Eventful Limited; Ibukun Awosika, Chairman, First Bank of Nigeria Limited and Tiyan Alile, Founder and Promoter of Culinary Academy at Fiesta of Flavours, the food festival event organised by Eventful Limited and sponsored by FirstBank.

Yewande Zaccheaus, CEO, Eventful Limited; Ibukun Awosika, Chairman, First Bank of Nigeria Limited and Tiyan Alile, Founder and Promoter of Culinary Academy at Fiesta of Flavours, the food festival event organised by Eventful Limited and sponsored by FirstBank.

Zaccheus said that many SMEs, especially those in the online space has leveraged on the opportunity of the fair to create awareness about their products, forge more partnerships and client base.

She said that many businesses that were showcased had grown through the platform and impacting positively on the economy.

Commenting, Mr Olisa Adibua, the Managing Director, Perception Media, said that the fair had assisted in showcasing the best in local and international cuisine, not just to Nigerians, but the international community.

Chef Tiyan Alile, the Founder, Culinary Academy and Culinary Consultant for Fiesta of Flavours, said that the fair provided a platform for vendors and customers to connect and also serves as a family day out.

“The hospitality industry is growing so much that people need offtakers.

“Contacts are exchanged at the fair and symbiotic relationship that leverages on various expertise from farm, packaging and culinary development are made,” Alile said.

She said that many jobs had been created with the fair through various trainings, seminars and competitions that empowers SME operators and visitors at the fair.

Commenting, Mrs Arinola Shobande, Head, Corporate Communications, Enyo Retail and Supply Ltd., said that the company was at the fair to enlighten consumers about standards of gas cylinders and also supply them with gas.

Also, Mrs Omolola Ezeifeoma, the Managing Director, Creative Foods Concept, commended the bank for the platform, saying that the fair helped her network to create awareness about her business activities. (NAN)

 

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FIRSTBANK LINKS GROWTH TO INNOVATIONS, SERVICE DELIVERY

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www.securenigeria365.com

By NAN (Chinyere Joel-Nwokeoma)

First Bank of Nigeria Limited has attributed its success story to innovations and reinvention of products and services aimed at satisfying customers’ needs and aspirations.

Dr. Adesola Adeduntan, the Bank’s Managing Director, stated this on the sidelines of the second anniversary of FirstGem, a female focused product in Lagos. “At FirstBank, our purpose is to put our customers and stakeholders at the heart of our business. For over 124 years of our existence, we have focused on providing excellent financial services to meet the needs of our esteemed customers. We continue to improve on our products and also create new ones that suit their specific financial needs. The reason why we have been successful is our ability to invent and reinvent ourselves. You can only be successful like that when you put your customer at the centre piece of all your actions. That is the secret of our success.

“In designing our FirstGem product, we are very clear on the space we want to occupy,” he said.

Adeduntan further said that FirstGem had been designed on the path of what was discovered two, three years ago to fill the gap in ensuring women achieve active participation in economic development. He noted that FirstGem is not just a product but a complete lifestyle support designed solely for women.

Also speaking, Dr. Doyin Salami, Lagos Business School, urged investors in the Nigerian stock market not to panic about the forthcoming elections, assuring them the market would rebound after the general elections.

Salami said that Nigerians should stop dwelling on uncertainties surrounding 2019 elections, noting that election would come and go.

Speaking on the topic “New frontiers for businesses in 2019”: Salami said that Nigerians should tap into sectors with huge activities instead of dwelling on 2019 elections.

“Election is coming and it comes with uncertainties, there are over a 150 million Nigerians and I’m sure that their lives will continue after the election.

“I’m optimistic of where we are, election will come and go and we hope we don’t fight aftermath of the election. Whoever wins will manage the economy,”
Salami said. He further opined that the stock market which had gone down presently by about 15 percent would rebound after the elections. Salami added that Treasury Bills would offer higher returns next year, noting that people with risk averse could invest in it. Salami said that Nigerians should look inwards and tap into opportunities provided by the fast moving sectors with huge activities. According to him, the sectors are agriculture, manufacturing, telecommunications and ICT, healthcare and oil and gas.

Salami said that experience and knowledge would help entrepreneurs to identity new frontiers for business in 2019. He noted that many businesses collapsed because of lack of understanding and wrong pricing.

Also speaking, Ms Arunma Oteh, World Bank Vice President and Treasurer, identified Nigeria’s greatest challenge as extreme poverty, inequality, climate change, anti globalisation and high population, among others.

Oteh said that Nigeria would not achieve sustainable growth without tackling these challenges with strong sense of urgency. She said that one way to tackle these problems was to broaden economic participation by closing the gender gap.

Oteh said that globally, countries were losing $160 trillion in wealth because of differences in lifetime earnings between women and men. She said that “this amounts to an average of $23,620 for each person in the 141 countries studied by the World Bank Group”. Oteh noted that women were important for economic development and were the economic power house for society today. (NAN)

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