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COVENANT UNIVERSITY WINS MAIDEN CFA INSITUTE RESEARCH COMPETITION

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Covenant University has emerged the first-place winner in Nigeria’s stage of the global CFA Institute Research competition at the finals held in Lagos on Saturday.
Covenant University beat University of Lagos and Obafemi Awolowo University, which emerged second and third place winner, respectively in the competition sponsored by Zenith Bank Plc. Eight universities took part in the maiden edition.
Covenant University will consequently represent Nigeria at the Regional CFA competition in Dublin, Ireland, on April 4 and April 5.
The CFA Institute Research Challenge is the world’s most prestigious investment research competition among university students globally, aimed at promoting best practices in equity research among the next generation of analysts.
The competition promotes ethics and best practices in investment research through hands-on mentoring and intensive training in equity analysis and presentation. The overall objective of the CFA Institute Research Challenge is to provide university students with valuable real-world exposure to the practice of finance to complement the theoretical framework of the university education.
Apart from the finalists, other universities that took part in the competition are Ahmadu Bello University, Babcock University, Obafemi Awolowo University, Lagos Business School and University of Abuja.
Speaking at the final stage of the competition, Mr. Jim Ovia, Chairman of Zenith Bank, said the bank had always anchored its Corporate Social Responsibility (CSR) towards empowerment, development, building skills, talent and capabilities among the youths.
He said that the bank aligned with CFA Research Challenge’s overall objective of providing a platform for university students to put into practice their theoretical knowledge.
He said: “It is a way of encouraging the professionals to inculcate the spirit of professionalism and ethics right from very early stage.
“We believe that something will be required so that we can deepen the pool of talents we have that will take care of corporate organisations tomorrow.
“I find the Institute Research Challenge axiom: “promoting best practices in equity research among the next generation of analysts’’ quite intriguing.
“It is clearly highlights succinctly what and who we are here for; the next generation of financial analysts,’’ he said.
Ovia, who was represented by Mr. Ebenezer Onyeagwu, the Deputy Managing Director of the bank, commended the eight universities that made it to the last stage of the competition.
He stated, “You have proven to be fearless by coming together in your various universities to put together pioneering teams for a tasking competition as the CFA Institute Research Challenge.
“There are so many of your colleagues out there that wouldn’t want the extra burden or work, but you all opted to take this on,” he said.
On his part, Banji Fehintola, the President, CFA Society Nigeria, said the society was approved in 2012 as the 137th Society of CFA Institute.
Fehintola said that the society was one of five societies in Africa registered in Nigeria as an incorporated Trustee in Feb. 2013.
He said that the purpose of the research challenge among the university undergraduates of different universities was to introduce students to the practical side of investment analysis.
Fehintola said the society currently had about 230 members.
Participating teams were required to conduct a detailed investment research on a subject company and will be presenting their research reports to a high-level panel of investment.
Covenant University will now join 35 other national champions at the Europe, Middle East and Africa (EMEA) Regional Competition in Dublin, Ireland in April 2018 to compete for a slot in the four-team global final that will hold in Seoul, South Korea in the same month.

Entertainment

Style Meets Class At Billionaire, Tunde Ayeni’s Daughter Wedding Introduction

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Placing all the odds that hounded his life recently in a paternity scandal behind, billionaire, Tunde Ayeni staged a superlative wedding introduction for his daughter some days ago.

It was an assembly of the rich and the super rich  who witnessed the wedding introduction of Bolaji, the pretty daughter of billionaire, Tunde Ayeni on Saturday, December 2, 2023.

 

The 15A Herbert Macaulay crescent, GRA, Ikeja home of the billionaire who headed the defunct Skye Bank wore a colourful look, as the lord of the home, his wife and all their kids in a themed act displayed their rarest form of hospitality and embraced the full Yoruba culture in heralding the first stage of matrimony as they welcomed friends into their home.

 

As expected, the guest list was grand! Ayeni’s friends did not disappoint, they came in their intimidating numbers.

Former NDDC boss, Timi Alaibe, former Attorney-General, Bayo Ojo, former Governor of Western Region, General David Jemibewon, Senator Musiliu Obanikoro, Mogaji Wole Arisekola, Femi Falana, Chike Obi, Jide Omokore, Dakuku Peterside, Segun Awolowo, Orile of Ile-Ogbon, Oba Francis Olusola Alao, Senator Idris Umar, Yomi Awoniyi and many other dignitaries were spotted at the ceremony.

 

The Ayenis while expressing their appreciation after the event in a statement said ‘this auspicious occasion marks a significant milestone in our lives, and we are excited to share this momentous event with our dear friends and respected guests’.

 

 

Credit;  Streetjournal Magazine

 

 

 

 

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Events

‘she is a liar!’ Abuja Restaurant Fires Hilda Baci After Meet n Greet Scandal

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Vibes By Ann Restaurant, Abuja has called popular chef, Hilda Baci  a liar while threatening to sue her for contract breach.

 

The restaurant claimed to have paid the sum of 3 million naira to the Guiness Book of Record holder for a ‘Meet and Greet’ event and alleged she cancelled on them for no reason.

 

According to reports, the restaurant has advertised the event and placed a 25,000 naira per plate price on meals to be sold at the venue when Hilda dissociated herself from the event in her posts on social media.

 

The restaurant showing the receipt of a 3million naira payment made to Hilda for the event slated for June 24th, 2023 released a statement that the event has been cancelled and threatened to drag the chef before the courts.

 

Further investigations by this newspaper revealed that the restaurant did not put the prices of the food that would be served in the agreement and the noise it created must have made Hilda, who was just officially confirmed as the new record holder of the longest cook-a-thon denied knowledge of the event.

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Zainab Marwa Drags Nigeria’s Heavyweights To Book Launch

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Billionaire businessmen, Alhaji Aliko Dangote and Mr. Femi Otedola top the list of private sector leaders who are expected to join state governors, ministers and other eminent personalities at the public presentation of a book: 101 Nigerian Women of Impact, authored by a member of the Presidential Transition Committee, Barrister Zainab Marwa, who is the daughter of former Lagos Military Administrator and Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency, NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd).
The book presentation scheduled for Tuesday 16th May 2023 at the Transcorp Hilton Hotel, Abuja, will be chaired by Borno state governor, Prof. Babagana Umara Zulum while the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ọjájá II, and Etsu Nupe, Alhaji Yahaya Abubakar will attend as royal fathers of the day.
According to the author, Barr. Zainab Marwa, the book “documents the achievements of Nigerian women who have excelled in their diversified career paths so as to serve as an inspiration to more women to keep the pursuit of their aspirations alive.”
The global unveiling of the book was hosted by the Permanent Mission of Nigeria to the United Nations in New York, USA on March 8, 2023 in commemoration of International Women’s Day. Special guests who spoke at the US event include: Ambassador George Edokpa, Deputy Permanent Representative of Nigeria to the UN; Erelu Bisi Fayemi, former Chairperson of Nigerian Governors Wives Forum; Ambassador Lot Egopija, Consul General of Nigeria in New York; Mrs. Chioma Hope Uzodimma, wife of Imo State governor and Fatima Kakuri, Special Adviser to the Speaker of the House of Representatives, among others.
Special Adviser to President Muhammadu Buhari on Media and Publicity, Mr. Femi Adesina will present the book review while well celebrated compère, Ebere Young will host the event as master of ceremony. Minister of Women Affairs, Mrs. Pauline Tallen and the Director General, National Centre for Women Development, Dr. Asabe Vilita Bashir are expected to lead other top government functionaries to the occasion.
Also expected at the event are wives of state governors, top female politicians and members of the diplomatic corps and heads of foreign missions in Nigeria including United Nations Resident and Humanitarian Coordinator in Nigeria, Mr. Matthias Schmale and UNODC Country Representative, Mr. Oliver Stolpe.
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