Covenant University is to represent Nigeria at the global CFA Institute Research competition this year.

The university came first in Nigeria’s stage of the global CFA Institute Research competition in Lagos on Saturday to emerge as Nigeria’s representative at the competition  coming up in Dublin, Ireland, on April 4 and April 5.

It beat University of Lagos and Obafemi Awolowo University, which emerged second and third place winners.

Eight universities in Nigeria took part in the competition.

The News Agency of Nigeria (NAN) reports that the CFA competition in Nigeria was sponsored by Zenith International Bank in partnership with CFA Society in Nigeria.

The CFA Institute Research Challenge is the world most prestigious investment research competition among university students globally.

It is aimed at promoting best practices in equity research among the next generation of analysts.

The competition promotes ethics and best practices in investment research through hands-on mento-ring and presentation.

Speaking at the final stage of the competition, Chairman of Zenith Bank, Mr. Jim Ovia, said the bank had always anchored its Corporate Social Responsibility (CSR) towards empowerment, development, building skills, talent and capabilities among the youths.

He said the bank aligned with CFA Research Challenge’s overall objective of providing a platform for university students to put into practice their theoretical knowledge.

“It is a way of encouraging the professionals to inculcate the spirit of professionalism and ethics right from very early stage.”