Alumni initiate N750m endowment fund

Daily Trust | 05-10-2026 04:16am |

The alumni of Loyola College, Ibadan, have launched a N750 million endowment fund to secure the school's long-term future through infrastructure renewal, human capital development, and sustainable institutional funding. The Loyola College Old Boys Association (LOCOBA) said it seeks to mobilise support from alumni, friends, and other stakeholders to strengthen the school and preserve its tradition of academic excellence. The fund responds to growing infrastructure, maintenance, and capacity development challenges facing the college. Unlike traditional intervention-based fundraising, the endowment fund is designed as a long-term institutional support vehicle.

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