Ecobank, Nigeria Chess Federation To Host 2024 National Schools’ Team Competition


April 16, 2024.

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Azonuchechi Chukwu.

Ecobank Nigeria Limited, a subsidiary of the Ecobank Group, has entered a strategic partnership with Nigeria Chess Federation (NCF) to host the 2024 National Schools’ Team Chess Competition. The competition is scheduled to hold between 24th – 28th May 2024 at the Ecobank Pan African Centre (EPAC) in Victoria Lagos. It is open to students from primary, Secondary and Tertiary education level with prizes of over N10 million to be won. Representatives of the Ministry of Education, Sports and Youth Development, parents, teachers, embassies and several others are expected at the event. Registration and participation are free, and School’s team can register by sending an email to:

Managing Director/Regional Executive, Ecobank Nigeria, Bolaji Lawal, said the decision of the bank to sponsor the Chess competition was to further showcase Ecobank’s commitment to supporting intellectual and sports development in Nigeria, being part of Ecobank’s strategic human capital development drive.

“Children and youth empowerment is part of our shared objective as the pan-African Bank. It aligns with our overall long-term vision of building a world class Pan African bank that contributes to the economic and financial integration of the continent. We are also using the opportunity of this competition to introduce and empower them with convenient, affordable, and accessible digital financial services they can access anytime and anywhere they are. Arrangements are in place to make the competition exciting and fulfilling for both the children and undergraduate students”, He stated.

Vice President, Nigeria Chess Federation, Prince Adeyinka Adewole said Chess, the game of Kings and Queens, has proven to be more than just a pastime, stating that it is an educational tool that enhances critical thinking, concentration, and problem-solving skills. While commending Ecobank for being a good ‘corporate citizen’ for sponsoring the competition, he noted that the competition will promote and showcase the skill and talent of chess players from Nigerian schools, while promoting teamwork, fostering a spirit of sportsmanship among participants, and providing networking opportunities to players.

He enjoined all the institutions to take advantage of this opportunity to participate in the prestigious event, adding that participation will undoubtedly contribute to the championship’s success and provide an enriching experience for the participating students.

Ecobank has embarked on several initiatives to develop youths in the country. The bank through a collaboration with the International Institute of Tropical Agriculture (IITA), is currently providing training and support services on Agribusiness which includes aquaculture, horticulture, poultry, and value addition to 16,000 youths in Nigeria. Also, Ecobank recently partnered with Learntor to provide capacity building for youths through Agile, Scrum, Data Analytics, Business Analysis, Cyber Security, and Scrum Master Certifications. The bank has also refurbished and donated learning equipment, provided digital training for students and promoted financial literacy in several schools across the country.(

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Azonuchechi Chukwu
Azonuchechi Chukwu
Azonuchechi Chukwu - Business Journalist at Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the team.

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