Connect with us

NEWS

UBA Boss Advocates Curriculum Overhaul To Equip Graduates For Technology Advancement

Avatar

Published

on

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.

NEWS

2019 IMD: NGO promises cash reward, other incentives for Nigerian men

Avatar

Published

on

A non- governmental and not for profit organization, The Victoria Adeyanju Male Mentorship Foundation(VAMMF) is set to reward Nigerian men with cash gifts in celebration of this year’s International Men’s Day (IMD) 2019.
The NGO is focused on empowering and developing professionals that will contribute to the development of nation-building in Africa.
The International Men’s Day, which is widely celebrated on the 19th of November 2019 will have  Nigerian men compete for the sum of Ten thousand naira(N10,000) only. Participants will post a two-minute video on Instagram of his male hero, stating why he stands out from others and why he is your male hero, with the hashtag (#mymalehero), (#VAMMF).
All entries close by the 29th of November as a winner who has the highest likes, repost, and friends tags will be announced on the  2nd of December 2019.
Continue Reading

BIG STORY

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

Gbemileke Ajayi

Published

on

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.

Continue Reading

NEWS

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

Gbemileke Ajayi

Published

on

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.

Continue Reading

Most Popular