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SaharaReporters learnt that parents and visitors were disappointed and angry that the first-generation university could award such "ridiculous prizes" to its best brains at a public ceremony.
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The Cooperative Mortgage Bank (CMB) has introduced a unique agency banking system known as the Coop One-Stop.
The bank in a statement by its Head, Communications and Public Relations, Mrs. Olufunmilayo Afolabi, explained that the initiative was designed to allow agents who would be physically present in cooperative society offices, local governments, universities, markets, villages and small communities to provide regular banking services and perform other functions which encompass National Social Housing Savings Scheme, Cooperative Save for Shelter and Thrift Savings (Ajọ).
The Head of Agency Banking, Mrs. Stella Abu, explained that agency banking has grown over the years since it was first initiated in Brazil, in 1999, due to its versatility, a method CMB is currently adopting to make banking easier for all.