• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Education

‘Encouraging hard work’ Stanbic IBTC grants N34.8m scholarship to successful UTME students

Freelanews by Freelanews
February 24, 2021
in Education
0
stanbic bank kenya
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has awarded scholarships to successful candidates in the 2019 and 2020 University Tertiary Matriculation Examinations (UTME). This was done as part of its aspiration to encourage hardwork and excellence in academic pursuit. The 87 beneficiaries were drawn from the 36 states of the federation and the FCT.

The beneficiaries comprised of 39 candidates who participated in the 2019 UTME and another 48 candidates drawn from the 2020 UTME. Physically challenged yet brilliant candidates were included. The presentation of the scholarships was conducted virtually on Thursday, 11 February 2021.

In 2019, Stanbic IBTC announced its scholarship scheme to support, reward and encourage students who had excelled in their academic pursuit. The leading end-to-end financial solutions organisation said the initiative was in line with its commitment to value-driven corporate social investments, designed to contribute to youth’s educational development. The scholarship programme was introduced as part of the financial institution’s 30th anniversary celebration.

Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Holdings PLC, said the prosperity of the nation and its citizens was hinged on the youth’s educational development, and that the financial institution remained determined to provide the necessary support to brilliant students. He said: “Stanbic IBTC appreciates the fundamental role education plays in transforming society, which is why we have chosen to institute the scholarship to encourage hard work and academic excellence amongst Nigerian students who desire tertiary education. The scholarship will enable them to pursue and realise their dreams of academic excellence”.

“The scholarship will be disbursed to the 87 students in yearly tranches for a period of four academic years. However, after the first tranche, subsequent disbursements will be subject to maintaining at least a second-class upper grade and evidence of good conduct confirmed by the school” Dr. Sogunle added. He further stated that “Education Trust Funds will be set up for the beneficiaries, and the funds will be accessed through the Education Trust accounts”.

The beneficiaries were effusive in their appreciation of the gesture. A beneficiary, Hammed-Saruk Omogbolahan who spoke during the virtual ceremony, thanked Stanbic IBTC for the scholarship. He said the scholarship would allow them focus on their education, and he assured that they would continue to strive for academic excellence to justify their selection.

Education has remained a key focus area for Stanbic IBTC, and the financial institution has continued to play a leading role in transforming lives through education. Other scholarship initiatives organised by the financial institution include those awarded to indigent children who have suffered limb losses, under its signature CSI initiative tagged Together4ALimb.

Stanbic IBTC is committed to identifying opportunities to help mould the next generation of leaders and help build a robust education sector that Nigerians can be proud of.

Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
freelanews
Freelanews

Freelanews is a potpourri of news, entertainment, business, events and photos. This is no fake news.


Discover more from Freelanews

Subscribe to get the latest posts sent to your email.

Related Posts

Muhammadu Buhari
Education

‘We cannot fold our hands’ Buhari approves 12 new Universities

by Freelanews
April 6, 2022
4d2ef8a133d0368ff2621bb6c0ee90e72e501e66
Education

‘We no go gree!’ Bayelsa varsity students protest school uniform introduction, demand VC’s sacking

by Freelanews
July 7, 2021
President Tinubu second term bid
Education

Tinubu approves two Nnew federal universities in Osun, Ekiti

by Quadri Olaitan
February 21, 2025
federal polytechnic ede
Education

‘Needed urgent attention’ Rectors express their displeasure with polytechnic amending act’s non-compliance

by Rtn. Victor Ojelabi
March 8, 2022
Oyedepo 0
Education

‘Height of impunity’ Parents lament after Bishop Oyedepo instructs retention of over 200 varsity students’ NYSC call-up over missed prayer session

by Rtn. Victor Ojelabi
March 14, 2022

Discussion about this post

ADVERTISEMENT

Recent News

Rotary Club cataract surgery

Rotary Club cataract surgery transforms 30,000 lives

October 8, 2025
Ikechukwu N arrest

Ikechukwu N arrest shocks Argentina after INTERPOL raid

October 8, 2025
CBN monetary stability

CBN assures Nigerians of monetary stability progress

October 8, 2025
Uche Nnaji resignation

BREAKING! Tinubu’s Minister, Uche Nnaji resigns over certificate forgery allegations

October 7, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
Taylor Swift deepfake scandal

Taylor Swift faces deepfake scandal as Swifties call for stricter regulation

January 25, 2024
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

0
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

0
Meran Primary Health Centre

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

0
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

0
Rotary Club cataract surgery

Rotary Club cataract surgery transforms 30,000 lives

October 8, 2025
Ikechukwu N arrest

Ikechukwu N arrest shocks Argentina after INTERPOL raid

October 8, 2025
CBN monetary stability

CBN assures Nigerians of monetary stability progress

October 8, 2025
Uche Nnaji resignation

BREAKING! Tinubu’s Minister, Uche Nnaji resigns over certificate forgery allegations

October 7, 2025
October 2025
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Follow Us

  • Facebook
  • TikTok
  • YouTube
  • Instagram

Editor’s Pick

  • OGD vs DA
    OGD vs DA: The real story never told
    • August 22, 2025
  • Toyota Sienna harassment
    Why is Lagos State govt harassing Toyota Sienna users?
    • August 19, 2025
  • Otunba Gbenga Daniel
    Who really is Otunba Gbenga Daniel?
    • August 18, 2025

Hot!

Rotary Club cataract surgery

Rotary Club cataract surgery transforms 30,000 lives

October 8, 2025
Ikechukwu N arrest

Ikechukwu N arrest shocks Argentina after INTERPOL raid

October 8, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Total
0
Share
0
0
0
0
0
0
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from Freelanews

Subscribe now to keep reading and get access to the full archive.

Continue reading