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UBA Boss Advocates Curriculum Overhaul To Equip Graduates For Technology Advancement

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The Group Executive Director of United Bank for Africa (UBA), Mr Liadi Ayoku, has called for the overhaul of the training curriculum in financial institutions across Africa to reflect current technological realities, which according to him will reflect the modern business expectations and ensure the relevance of graduates to the continent’s economic growth and aspiration.

Ayoku, said this while delivering a keynote address during the annual lecture of the Faculty of Management Sciences, Lagos State University (LASU) titled: “The Future of Finance – Technology at Play” on Wednesday. He explained that finance graduates and professionals must be aware that it was no longer business as usual following the fast-changing technological landscape.

He said, “I am not certain if the finance and accounting graduates of today are familiar with modern financial softwares packages, including global accounting and financial reporting standards.

“Have they been imbibed with the ready-to-market soft skills like leadership, communication, commercial acumen, flexibility/openness to change and strategic vision? “If not, I will like to propose an overhaul of the curriculum to accommodate these,” he noted.

Ayoku further explained that with technology replacing basic financing, the finance professional that would excel in the future must be quick to retool and adapt to changes.

“Traditional knowledge of finance is getting stale in today’s business world and indeed there is dire need for retooling our skills if we must remain relevant n tomorrow’s financial world. Technology is fast replacing the basics of finance,” he surmised.

According to Ayoku, financial reporting is increasingly being automated, just as data analytics is demystifying performance analysis. Tomorrow’s finance professionals must have capabilities for business intelligence and cognitive analysis. “We must apprise ourselves of the most recent technology and continue to retool our skills to remain relevant today and into the future,” Ayoku said.

The Chairman of the occasion, Dr Rotimi Oladele, the Executive Secretary, Institute of Entrepreneurship, commended Ayoku for delivering a profound paper worthy of equipping account graduates for a future driven by technology while also praising the Chairman of UBA, Mr Tony Elumelu for his contribution to entrepreneurship in Africa, describing him as a ‘global brand of the rarest value’.  He said LASU would benefit from its collaboration with the entrepreneur.

“No doubt Tony Elumelu is not just a Nigerian of rare value to Nigeria but a Premium African of rarer value and of course a Global Brand of rarest value. Tony Elumelu today as an ultrapreneur is known all over for breeding entrepreneurs and start-ups in thousands and with millions of dollars ceaselessly in support for sustainability.

“We believe LASU partnering with Elumelu could be the best testimonial of a befitting support to the most multi-cultural and multi-tribal university in Nigeria. The profile of LASU Staff and studentship speak for this fact,” he said.

The LASU Vice-Chancellor, Prof Lanre Fagbohun, represented by the Deputy Vice-Chancellor, Prof Oyedamola Oke, thanked UBA for its support and sponsorship noting that a bank that believes in the support of education is indeed a special institution.

BIG STORY

Noise Pollution: Lagos Threatens To Close Down Mosques, Churches, Others

Gbemileke Ajayi

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In a bid to control noise pollution, the Lagos State Government has said it will not hesitate to close down any mosque, church, night clubs and others, which constitute an environmental nuisance.

Commissioner for the Environment and Water Resources, Tunji Bello, in a statement, yesterday stated that the Lagos State Environmental Protection Agency (LASEPA) had been mandated to apply the full weight of the law.

He said the action became imperative because his office had been inundated with complaints and petitions from many residents and associations all over the state about the noise levels of many of the leisure centres and religious homes.

Bello, who added that on a continuous basis, LASEPA officials will be going around religious centres, homes and others, warned that anyone found to have exceeded the allowed level of sound output will be closed down and the appropriate sanctions applied.

The commissioner also lamented that his office had also discovered many leisure centres/religious homes that contravened, after being reopened by the government, usually go back to the same noise pollution for which they were earlier axed,

While disclosing that resident associations have been involved in the control of noise pollution in the state, he added that any shut centre, will not be reopened without a letter of guarantee from the residents association of such an area.

He advised religious and leisure centres to procure soundproof equipment which would lessen the sound that emanates from them.

Bello said the administration of Governor Babajide Sanwo-Olu will not allow any business concern to put the well being of residents at peril for whatever reason.

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NEWS

Men Are Scum ! Nigerian Gay Threatens To Expose Married Man Who Used, Dumped Him

Gbemileke Ajayi

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A Nigerian gay who was used and dumped by his married partner who also is gay has threatened to expose him to his wife for dumping him.

Relationship adviser and blogger, Joro Olumofin shared the story of this young man on his Instagram page on Thursday.

Read his narration below:

You would recall that Nigeria’s former President, Goodluck Jonathan signed a bill that criminalizes same-sex relationships, defying western pressure over gay rights and provoking US criticism.

The bill, which contains penalties of up to 14 years in prison and bans gay marriage, same-sex “amorous relationships” and membership of gay rights groups, was passed by the national assembly.

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BIG STORY

FG Declares Monday Public Holiday

Peter Okunoren

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The Federal Government has declared Monday as Public Holiday to mark the 2019 Eid-ul-Mawlud which is in commemoration of the birthday of the Holy Prophet Muhammad.

Mr Mohammed Manga, Director Press and Public Relations of the Ministry of Interior, announced this in a statement on Thursday in Abuja, NAN reports.

He said the Minister of Interior, Ogbeni Rauf Aregbesola, congratulated the Muslim faithful on the occasion and enjoined them to live within the virtues and teachings of the Prophet.

He said imbibing the Prophet’s virtues of love, courage, and perseverance would guarantee peace and security in the country.

Aregbesola expressed confidence that the challenges confronting Nigeria at the moment would soon be over and therefore called on Nigerians to remain focused and determined.

He gave the assurance that with the immense potentials the country is endowed with; coupled with its human and natural resources, Nigeria will sooner than later join the league of developed nations.

“With love, commitment, self-sacrifice, patience and patriotism, we will certainly, build a greater Nigeria,” Aregbesola said.

The Minister restated the Government’s desire to ensure a peaceful and secure environment for all Nigerians.

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