UNILAG, OAU Defeat 20 other Institution in a Challenge

UNILAG, OAU Defeat 20 other Institution in a Challenge. CLICK NOW

UNILAG, OAU Defeat 20 other Institution in a Challenge
UNILAG, OAU Defeat 20 other Institution in a Challenge

A group of undergraduate students from the Department of Finance at the University of Lagos (UNILAG) led by Eniola Oyenuga became the overall winner of the 2022 CFA Association College Ethics Challenge in Nigeria. Others include Ahmed Suluka, Francis Ogundokun, Tomisin Olaifa and Mariam Adahunse. The last time the university won was the inaugural edition in 2016 just as outgoing Vice-Chancellor Professor Oluwatoyin Ogundipe took office and won again a few days before Ogundipe left office.

Meanwhile, the OAU representative from Obafemi Awolowo University also came in second while the UNIPORT team from the University of Port Harcourt came in third. The University of Nigeria Nsukka took fourth place after a stiff competition that began in May 2022 with the initial 22 schools starting. Thirteen universities, including three from the North and 10 from the South, participated in the regional qualifiers before the four reached the final round in Victoria Island, Lagos on October 29 and were required to analyze the ethical issues raised and made recommendations in the form of a presentation to a group of financial experts who also answered relevant questions.

Panelists included Oluropo Okunmuyide, Head of Litigation and Dispute Resolution, First Bank of Nigeria Ltd; Taiwo Olatunji, CFA, Director, Investment Bank, Crown Merchant Bank; Tomilola Olakiigbe, CFA, Head of Finance, All-On Energy; Eno Atoyebi, CFA, Managing Director, Valualliance Asset Management and Kazeem Alimi, CFA, Head of Secondary Markets, NGX Limited.  Speaking shortly after her team was announced as the 2022 champions, Oyenuga happily expressed shock and excitement, adding that it was the result of hard work and rigorous preparation. "I'm still in shock," she said. But it's a shared excitement and I'm really proud to see that the hard work of the team and myself have paid off. We spent many sleepless nights reading all the standards amid intense academic pressure. So it really means a lot for us to record this win. “There are different emotions at each stage, so from the semi-finals, we had to meet on campus, organize virtual calls, late night calls to adapt to the schedules of people around the world. But we made it to the top four and thought, oh, this is the final where we need to work harder. So that makes it more demanding, to read more, go through ethical standards, and perfect its presentation. Oyenuga also expressed gratitude for the opportunity, saying: "I would like to express my deep gratitude to the first bank and also to the CFA association for organizing it."

Also speaking at the event, Ismail Omamegbe, head of corporate responsibility and sustainability/communication and external relations at FirstBank, said the first bank believes in education and ethical practice is key to the economy and society, therefore invested in and partnered with CFA. “We believe that education is essential and remains the foundation of any economy. So it's important to us in that sense and as an institution that is focused on nation-building, that education is very relevant. This is why, for example, we support the college ethics challenge. We've been supporting for about five to six years now.