Stanbic IBTC Pension Unveils N32m FUZE Talent Hunt Festival

R-L: Executive Director, Investment, Stanbic IBTC Pension Managers Limited, Dare Otitoju; Executive Director, Business Development, Nike Bajomo; Executive Director, Operations, Charles Emelue and Head, Business Development Department, Yinka Johnson at the event.

Stanbic IBTC Pension Mangers Limited has unveiled a FUZE Festival of music, tech, dance and fashion with N32 million in prizes to eventual winners. The FUZE Festival is scheduled for Wednesday, December 21, 2022 at Livespot Entertainment Centre, 4 Oba Elegushi Road, Close to Nike Art Gallery, Lekki from 10.00 to 7.00pm.

Mr. Olumide Oyetan, the Managing Director/CEO of Stanbic IBTC Pension Managers Limited, who was represented by Mrs. Nike Bajomo, Executive Director at the PFA, said the core objective of the initiative is to impact the populace in various areas of human endeavour. She said the idea, the first in the pension industry in Nigeria, is also to give youths the opportunity to excel in their area of natural talent.

Bajomo emphasised that the FUZE Festival is a critical part of the company’s Corporate Social Investment (CSI) initiative to give back to the society where they operate and a platform to identify gifted people at any age.

On impact on the local Nollywood industry, she said: “The FUZE Festival will create a platform for talent hunt and deepen the entertainment industry in Nigeria. The fusion of music, tech, dance and fashion in the Festival is to generate more interest in terms of more people being involved in the program. It is also a good combination to add and empower a lot of people out of poverty.”

The Stanbic IBTC Pension ED was emphatic that the government cannot do everything, hence their decision to establish the Festival as part of adding value to the society and promised that it would run annually.

The prize money ranges from N5 million to N1 million for the eventual winners.

spot_img
spot_img
spot_img
spot_img

Hot this week

NAICOM, Ghana’s NIC Strengthen Regional Integration, Drive Insurance Innovation

L-R: Dr. Abiba Zakariah; Commissioner for Insurance, National Insurance...

NCC, CAC Inform Telecom Stakeholders of New Ownership Structure Requirements

The Nigerian Communications Commission (NCC) and the Corporate Affairs...

NCC Appoints Princess Oforitsenere Emiko as Interim Chairman of Digital Bridge Institute Governing Board

The Board of the Nigerian Communications Commission (NCC) has...

Topics

African Polo Extravaganza Takes London By Storm

Europe’s foremost African polo event graced London for the...

Heirs Insurance Group Sponsors International Confab for Women in Insurance

Heirs Insurance Group, Nigeria's fastest-growing insurance Group, will headline...

Access Power Unveils $7m Fund for African Renewable Energy Projects

Access Power, a developer, owner and operator of power...

International Women’s Day 2023: ‘STI Believes in a World of Equality’

  As the world gets set to celebrate the International...

As Construction Risks Rise, Insurers Seek New Learning Tools to Remain in Business

Mr. Tope Smart Immediate Past President African Insurance Organisation (AIO) & Group...

GE Reinforces Commitment to Energy Access in West Africa

GE to provide energy solutions to help foster economic...

NAICOM Seminar on Insurance Adoption by MSMEs for Aug 5

In a bid to ensure greater and effective adoption...

How Stanbic IBTC Was Caught in Annual Accounts Fraud

The white-stained gloves went off. And the pretence of Best Corporate Governance was publicly muddled as Stanbic IBTC Bank Plc was caught red-handed by the Financial Reporting Council (FRC) for allegedly falsifying and manipulating its annual accounts in 2013 and 2014 to deceive regulators, tax authorities, shareholders and the general public on the true state of its financial results in the two years under review. The sanctions against the bank included immediate suspension of Mr. Atedo Peterside, Chairman and Mrs. Sola David-Borha, CEO.
spot_img

Related Articles

Popular Categories

spot_imgspot_img