OAU’s Team Galactic wins CIMA Global Business Challenge

oauTeam Galactic from Obafemi Awolowo University (OAU), Ile-Ife, Osun State, recently emerged national champion at the national finals of the CIMA Global Business Challenge (GBC) in Lagos.

He team was adjudged the best of the four teams from three universities that participated in the competition, where participating teams made presentations on a business case study in the oil and gas sectors.

The GBC is an international competition designed to bring out the best in potential young business leaders, by providing the opportunity for them to test team work capacity as well as business analysis and presentation skills against the best and brightest from around the world.

More than 14, 000 students from around the world competed at local and regional levels for a spot at the global final in Warsaw, Poland in August 2015.

For emerging tops in Nigeria, Team Galactic got an all-expenses-paid trip to participate in the world final. They also got a cash prize of N300, 000, management books for their university and full membership of the CIMA Undergraduate Club. All the competing teams went home with cash prizes.

Other teams that participated in the national final were Team N-Ergy from OAU; FUTOITES Business Team, from Federal University of Technology, Owerri, and Dream Team from University of Ilorin. The teams were shortlisted by CIMA assessors from a pool of 95 teams from 17 universities that submitted entries for the competition.

Team Galactic was adjudged the first among equals by a panel of judges comprising of business leaders and boardroom gurus. They are, Chairman, SmartCity Resorts Plc, Sir Demola Aladekomo; Director General, Nigerian Economic Summit Group, Mr. Laoye Jaiyeola; and immediate past MD/CEO, Guinness Nigeria Plc, Mr. Seni Adetu.

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