FBNQuest Merchant Bank, the merchant banking and asset management subsidiary of FBN Holdings Plc, has expanded a financial resource centre at the Lagos Business School–Pan Atlantic University.
The bank said the initiative was in line with its commitment to support reputable educational establishments with strong business and finance faculties.
It said the centre, called ‘Bloomberg Room’, would enable students to get quick access to research tools, financial market data, analysis of banks, and other economic data to facilitate effective learning at tertiary level.
The initiative, according to the merchant bank, commenced in 2014 with two terminals in the LBS library, and was expanded to 12 terminals due to demand.
It said the expansion was also driven by the identified need to equip more students and the library community with tools for knowledge in finance and research.
The Managing Director/Chief Executive Officer, FBNQuest Merchant Bank, Kayode Akinkugbe, said at a media briefing in Lagos on Thursday, “We are conscious of the role technology plays in providing people with access to information. We believe it is important to equip students with the right financial tools and research, and we want to contribute meaningfully to that.
“We started the initiative five years ago, and this expansion is something we were keen to deliver because we know that the impact at this stage of learning can be profound. Through the resource centre, we also provide access to our thought-leading FBNQuest Capital Research, which we believe will serve as an additional resource for the students.”
The Dean, LBS, Dr Enase Okonedo, who highlighted the importance of the resource centre to students, said, “It fits perfectly with the school’s effort to provide global standard teaching and knowledge sourcing facilities.
“The students’ experience is significantly enriched, and the benefit of added qualifications is a bonus. We are glad to have this partnership with the organisation, and the Bloomberg terminals have been impactful for the beneficiaries and the school in general.”