OAU wins First Bank ethics challenge

The Obafemi Awolowo University (OAU), Ile-Ife, has emerged as the winner of the 2018 Ethics Challenge of the CFA Society Nigeria sponsored by FirstBank of Nigeria Limited.

OAU emerged winner ahead of the University of Lagos (UNILAG) and University of Nigeria (UNN), who came second and third respectively.

Speaking at the Gala Night and 2018 Charter Award Dinner of the CFA Society Nigeria where the winner of the competition that involved 15 universities was announced, Society’s president, Banji Fehintola, commended FirstBank for supporting the contest.

Group Executive, Treasury and Financial Institutions, FirstBank Nigeria Limited, Ini Ebong, assured the CFA Society Nigeria of the bank’s continuous support in its quest to promote ethics.

“FirstBank is the oldest financial institution in this country. We will be celebrating our 125th anniversary next year, and we wouldn’t have survived this long without making ethics and corporate governance vital components of our operations,” he said.

A member of the OAU Presentation Team, Lawal Quadri expressed happiness for winning the contest, saying “we feel very excited, mainly because we were here last year but came second. We had to put additional effort in order not to let our school down. We are very grateful to CFA Society as well as FirstBank.”

The three universities had earlier emerged as finalists at the national finals of the CFA Ethics Challenge held in Lagos. Four universities initially qualified from a regional preliminary held in Lagos while two had emerged from the Abuja elimination round.