First Bank of Nigeria says innovation and invention among students are essential toward promoting opportunities for growth and development in Nigeria.
Its Group Head, Folake Ani-Mumuney, said on Wednesday in Lagos that the bank partnered Junior Achievement Nigeria (JAN) to hold National Company of the Year Competition (NCOY).
Ani-Mumuney said that the competition remains a platform to strengthen the intellectual development of young people in the society.
According to her, the competition with the theme “Activating Disruptors” will hold on Oct. 3 in Lagos.
She said that the winners would represent Nigeria against fellow JA Africa companies for the title of 2019 JA Africa Company of the Year set to hold in Ghana.
“For a team to win this award, it is not sufficient, just to run a financially successful JA company or create an exciting product or service.
“They must also demonstrate an understanding of why the company performed as it did.
“Judges also look for evidence of innovation in all aspects of a company’s operations. Students also present an Annual Report and host a Trade booth display,” she said in a statement.
Also, Mrs Simi Nwogugu, the Executive Director of JAN, said the competition was an opportunity for the firm to showcase depth of potential that lies within the young minds.
Nwogugu said JAN’s role in grooming the next generation of leading entrepreneurs.
She commended First Bank for sponsoring the NCOY competition for three consecutive years, adding that the partnership had contributed to the continued growth and development of the country.
Nwogugu said the partnership was a call-to-action for corporate stakeholders, teachers, youths, entrepreneurs to support the cause of empowering youths to become conscientious leaders leading a vibrant economy.
