First Bank Provides Research Prospects in Universities

The First Bank of Nigeria Plc provides research and development prospects in 12 universities across the country.

At the public presentation of the Bank’s sponsored research report at Nnamdi Azikiwe University (NAU), Awka. The Group Managing Director and Chief Executive Officer, Mr. Bisi Onasanya, stated that the role played by the financial institution was meant to promote capacity building and complement the efforts of the Federal Government in educational development.

The research was titled: “Fifty Years of Banking Sector Reforms in Nigeria (1960-2010), Past Lessons and Future Imperatives,” which was presented by Professor Francis Okafor.

Onasanya stated, “First Bank is proud to be associated with projects that enhance human capital and economic development in the nation. To date, we have endowed N420 million in 12 professorial chairs in universities across the nation and we have also strengthened the scheme with infrastructure development. Our vision is to generate sustainable manpower development to drive rapid growth of the national economy,”

First Bank has over the past contributed in infrastructural projects over the years. These include; an Information Communication Technology (ICT) park at Ahmadu Bello University in Zaria, an Auditorium at the Faculty of Agriculture, University of Ibadan and a Lecture Theatre at Obafemi Awolowo University, Ife..

The First Bank boss said that the report would become a resource tool for enhancing professionalism, regulation and grooming of future leaders for the sector.