In a significant step towards nurturing the educational development of Nigerian youths, Stanbic IBTC has introduced a nationwide scholarship programme set to benefit 200 exceptional students across the country. This initiative highlights the organisation’s commitment to fostering education and providing outstanding students with opportunities to achieve their academic aspirations.

The programme is designed to target students who have demonstrated academic excellence. To qualify, applicants must have achieved a UTME score of 250 and above, secured at least five credits in O’Level exams (WAEC or NECO), and obtained proof of admission to a Nigerian federal or state university. The scholarship aims to alleviate financial burdens and motivate students to pursue excellence in their academic endeavours.

Stanbic IBTC will conduct the award ceremony in a hybrid format to embrace inclusivity and extend its reach. This innovative approach enables participants to join the celebrations physically and virtually, ensuring students, parents, and stakeholders from all regions can participate.

Dr. Demola Sogunle, Chief Executive at Stanbic IBTC Holdings, emphasised the importance of the initiative, stating, “At Stanbic IBTC, we strongly believe in the transformative power of education. Our commitment to this cause is clearly demonstrated through our scholarship programme, which is designed to nurture and develop the potential of Nigeria’s youth. Our mission is to provide these talented individuals with the resources and support they need to excel academically. We encourage eligible students to take advantage of this opportunity by applying to our programme. This step could be the key to unlocking their academic aspirations and achieving their goals.”

Dr. Sogunle further emphasised the importance of the initiative, explaining how the organization plans to empower young people through comprehensive educational programmes. He said, “Our efforts aim at equipping young people with knowledge, inspiring innovation, and foster a spirit of leadership, ensuring they have the necessary tools and support to make positive changes in their communities and beyond.”

Through these efforts, Stanbic IBTC Holdings demonstrates its commitment to investing in education to unlock the potential of the next generation, ensuring they are prepared to face future challenges and contribute meaningfully to society.

Stanbic IBTC’s scholarship programme is more than just financial aid; it’s a beacon of hope for Nigeria’s youth, encouraging them to unlock their academic potential and embark on a journey towards achieving their dreams. By supporting education, Stanbic IBTC invests not only in the individual futures of these students but also in the broader future of the nation.

Applications for the 2023/2024 university scholarship are currently ongoing and close on Saturday,22 June 2024. Interested students are encouraged to visit for more information on how to apply.