Covenant University Wins 2018 CFA Institute Research Competition

Covenant University has emerged the first place winner in Nigeria’s stage of global CFA Institute Research Competition.

The CFA Institute Research Challenge is aimed at promoting best practices in equity research among university students globally – the next generation of analysts.

The competition promotes ethics and best practices in investment research through hands-on mentoring and presentation.

Covenant University won over University of Lagos (UNILAG) and Obafemi Awolowo University (OAU), which emerged second and third place winners, respectively, in the competition held in Lagos.

Eight universities took part in the competition: Ahmadu Bello University (ABU), Babcock University, Covenant University, Obafemi Awolowo University, Lagos Business School (LBS), University of Abuja, University of Ibadan (UI) and University of Lagos.

Covenant University consequently represents Nigeria at the Regional CFA competition in Dublin, Ireland, on April 4 and April 5, 2018.

The CFA competition in Nigeria is being sponsored by Zenith International Bank in partnership with CFA Society in Nigeria.

Speaking at the final of the competition, Mr Ebenezer Onyeagwu, the Deputy Managing Director of Zenith Bank, said:

“It is a way of encouraging the professionals to inculcate the spirit of professionalism and ethics right from very early stage.

We believe that something will be required so that we can deepen the pool of talents we have that will take care of corporate organisations tomorrow.

I find the Institute Research Challenge axiom: ‘promoting best practices in equity research among the next generation of analysts’’ quite intriguing.

It is clearly highlights succinctly what and who we are here for; the next generation of financial analysts.”

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