UI students win 100k, 50k, 20k mutual funds at StanbicIBTC Invest Beta Campus Play
Oluwatosin Adeoye

Kolawole Obaloluwa, Urhobomudia Marcus and Shoile Israel emerged winners at the Stanbic IBTC Asset Management Invest Beta Campus Play held on Thursday, 20th June, 2024 at the Alumni Centre, University of Ibadan.
Speaking during the event, Dr. Comfort Aiki-Raji, the Deputy Dean of Students, University of Ibadan welcomed the Stanbic IBTC Team to the university and also entreated the Stanbic IBTC Management to further stretch the hands of mentorship and scholarship to the students of the university adding that the government alone cannot bear the cost of education. In her words “we look forward to a robust relationship with the organization”. Adding that the Chief Executive Officer of Stanbic IBTC Holdings, Dr. DemolaSogunle is a UI @ 75 Ambassador and also an alumni of the institution.
In her remark, the Deputy Dean of Students affirmed that the student populace of the university is the “first five (5) percentile of brilliant students in Nigeria” of which there are a number of the students who cannot afford to pay their fees in the current economic state of the country.
Mr. Niyi Ajayi, Head, Client Experience, Stanbic IBTC Asset Management handled an enlightening session on Investment and Mutual Funds. Stating that “You do not need a lot of money to start investment” rather “consciousness, commitment and discipline”. Mr. Ajayi advised students to consider Mutual Funds as an investment, “the simplest investment you should consider is the Mutual Funds”. Adding that, for effectiveness of the investment especially after the students are gainfully employed, they should “draw up a budget, decide the percentage for invest” with the emphasis that “you are to invest before you spend” a way to do this is opt in for direct debit from the account”.
Speaking with AFAS Press Kolawole Obaloluwa, a 400l student of the department of Arts and Social Science Education, English option the winner of the 100,000 Naira Mutual Funds expressed her happiness adding that she did not expect to emerge as the Winner of the 100,000 Mutual Funds “I did not expect it, when I learnt that I have counterparts in the Raffle Draw Games that are Economics students”.
Urhobomudia Marcus, a 300l Mechanical Engineering student, the winner of the 50,000 Naira Mutual Funds also shared his amazement though he mentioned that “I have taken one or two financial courses online”. He stated that the first surprise was when his number was called at the random ticket picking.
Marcus asserted that during the quiz, he decided that he will be contented with any of the prizes that he may have won. But to his surprise he qualified for the final three which brought him to the last two standing and he ended up with the 2nd Winner Prize of 50,000 Mutual Funds.
Shoile Israel, a 300l student of the department of Economics emerged 3rd in the list of winners of the Mutual Funds, hence, he was awarded a 20,000 Naira Mutual Funds. Speaking with the press, Israel affirmed that he had never participated in any Financial Related Competition “this is my first quiz on any finance related topic” he said, though he thought he had an edge over others being an Economics student “I thought I should have higher edge over others but then one thing led to another and I came third at the Raffle Draw Quiz”
“I do not feel bad, being my first time attending any quiz, I feel good actually, I feel this is setting a milestone for greater ones to come” Marcus asserted.
The event had in attendance past and present student leaders including Aweda Bolaji, the incumbent Student Union President, Boluwatife Aboderin, the incumbent Student Union Vice President, Samson Tobiloba, the erstwhile Student Union President and many others.