FBN Capital Limited has initiated a partnership with the Lagos Business School (LBS) as it commissions the LBS Bloomberg Room, which houses Bloomberg terminals to help students in finance related disciplines gain exposure to the real-time market data tool.
The move, according to the investment bank and asset management firm, was part of its continued efforts geared towards impacting the society through sustainable initiatives in the field of education.
Speaking on the development, Kayode Akinkugbe, managing director and Chief Executive Officer of FBN Capital, said: “The Bloomberg Terminal is one of the industry’s most widely used sources for real-time financial data and we believe that this resource will be very helpful to students in finance related courses by facilitating access to information.
“The donation of the Terminals is in keeping with our focus on facilitating sustainable initiatives that use education and technology as a catalyst for growth”.
Akinkugbe pointed out that education is a core focus of FBN Capital’s CSR strategy and as such this initiative is in line with our sustainability goals.
However, the donation of the Bloomberg Terminal has been a welcome development at the Lagos Business School, as Dr. Enase Okonedo, Dean of Students, expressed gratitude to the financial institution for the partnership.
“Indeed the Bloomberg terminals have been most helpful, not just to students, but to faculty and research staff too. Getting up-to-date and reliable financial information for course assignments and research papers would have been more tedious without them.
“We are happy with the progress that the Bloomberg terminals have allowed us make, and are thankful to our sponsors, FBN Capital,” she said.
FBN Capital has been active in its support for LBS and has partnered with the institution on a number of initiatives, including faculty support initiatives where FBN Capital provides resources towards the development and delivery of finance courses, and other relevant industry programmes.
The company has also sponsored the FBN Capital Internship scheme, which offers aspiring finance graduates from LBS a unique opportunity to experience the real world of investment banking and asset management through a three month internship programme that gives student hands on experience and practical knowledge.