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Why Managing Financial Data Right Is Now a Survival Skill

Lateef Adepoju by Lateef Adepoju
April 2, 2026
in Newsflash
Reading Time: 1 min read
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Why Managing Financial Data Right Is Now a Survival Skill

Senior Vice President Academics, Prof. Jonathan Nwosu, Vice President Financial Administration/University Bursar, Prof. Folorunsho Akande, Vice President Student Development, Prof. Tolani Williams (7th - 9th right) and other Babcock University officers.

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In today’s world, where data drives decisions, how institutions handle financial information is becoming just as important as the money itself.

That was the focus of a high-level workshop at Babcock University, where experts pushed for smarter, more ethical ways of managing financial data.

AcadAi AcadAi AcadAi
A cross section of faculty at the event listening with rapt attention.

 

The workshop, organised by the Departments of Information and Resource Management and Finance, centred on one idea—financial data is no longer just numbers; it’s a strategic asset.

GrannyMurray School GrannyMurray School GrannyMurray School

Speaking at the event, the University Bursar and Vice President of Financial Administration, Folorunsho Akande, stressed that institutions can’t afford to treat data carelessly anymore.

“Financial records go beyond numbers. They are a reflection of human behaviour, ethics, and integrity,” he said.

He added that accurate and accessible data now sits at the core of investment decisions and institutional credibility.

Who Can Nigerian Students Turn to Over Wrong Results? Who Can Nigerian Students Turn to Over Wrong Results? Who Can Nigerian Students Turn to Over Wrong Results?

For students and young professionals, that message hits close to home.

A cross section of the students at the event

In a job market increasingly shaped by data, knowing how to manage information responsibly could be the difference between being relevant—or replaceable.

Also speaking, Dr. Oladipupo Adekunle Bamiro, representing the Association of Applied Information Management Professionals, highlighted the ethical side of the profession.

“Information is power, but managing it effectively is wisdom,” he said, pointing out that strong data systems can transform organisations and even national development.

The event also featured the induction of new members into the association, led by Registrar Abayomi Olufeyomi Agunloye, reinforcing a commitment to professionalism and accountability in the field.

Beyond the speeches, one message stood out:
As technology evolves, the future belongs to those who can not just access data—but manage it with precision, integrity, and purpose.

Associate Vice President Academics, Prof. Oludele Awodele and Deputy Director of Academic Planning, Dr. Obinna Okoro (5th and 6th left) with the newly inducted students of the Information Resources Management Department.
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