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Stanbic IBTC Ushers Students ‘Back to School’ With Ease

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Stanbic IBTC Back to School

Stanbic IBTC Holdings PLC has announced its array of exciting products and services specially designed to make the Back to School season stress-free for parents and guardians.

As a one-stop-shop financial services organisation, Stanbic IBTC has a range of products and services that can give wings to the dreams of children and make paying school fees and purchasing back-to-school ‘must-haves’ more seamless for parents and guardians.

For one, parents can access funds conveniently using Stanbic Salary Advance (SALAD), a personal overdraft service tailored to meet cash flow needs for salary earners by visiting  www.stanbicibtc.com/Nigeria/Individual/Borrowing/Salary-Advance to learn how to access this service.

Payments can also be made with ease during the Back to School season using any one of the Stanbic IBTC Bank’s seamless channels: Internet Banking, #Appyness Mobile App or using a Naira Debit Card on POS.

Are you already sorted for this back-to-school season? If yes, then think CHESS. The Children Educational Savings Scheme (CHESS) account from Stanbic IBTC allows parents invest in their wards’ education while kick-starting their financial journey.

The CHESS account offers a higher interest rate than what is earned on regular savings account and it is available to children aged 0 to 17 years with additional benefits for parents who own Stanbic IBTC bank accounts.

More details on how to access this solution can be found at www.stanbicibtc.com/Nigeria/Individual/Saving-and-investing/Children-Education-Savings-Scheme.

For parents who prefer to plan their children’s education well-out in advance, Stanbic IBTC can help SET you up! The Stanbic IBTC Education Trust is designed to help parents fund their wards’ education through a plan that is convenient and flexible and offers long-term benefits.

Stanbic IBTC Trustees Limited scientifically estimates the cost of education using key economic parameters and then offers parents/guardians flexible contribution options to select from, in planning how to fund their wards’ education now and in later years.

This webpage offers more details on how to access the solution – www.stanbicibtctrustees.com/nigeriatrustees/Estate-Planning/Educational-Trust.

According to Wole Adeniyi, Deputy Chief Executive, Stanbic IBTC Bank Plc, “With Stanbic IBTC holdings as your financial partner, Back to School preparations are not only easy and seamless for parents and guardians but also exciting and memorable for their children and wards.

“As schools commence the new term, Stanbic IBTC customers can send their children back to school with minimal fuss, thanks to the support we provide. As a financial institution that understands the desire of parents to freely give their children’s dreams wings to fly, the bank remains committed to driving ease and convenience for all its customers.”

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Education

Okpebholo Raises Edo State University’s Monthly Subvention to N250m

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Edo State University subvention

By Modupe Gbadeyanka

The monthly subvention to the Edo State University, Iyahmo, has been increased to N250 million from N100 million by the state governor, Mr Monday Okpebholo.

A statement issued on Monday by the Chief Press Secretary (CPS) to the Governor, Mr Patrick Akhere Ebojele, said a grant of N2 billion has also been approved to improve infrastructure in the institution.

Speaking at the commissioning of an e-library and the flagging off of a fitness centre and a health facility in the school, Mr Okpebholo said the funding support is to strengthen the institution’s capacity and improve learning conditions.

“Today is a great day for Edo State University, Iyamho. Since assuming office, our administration has remained committed to repositioning the education sector in Edo State.

“The Ehi Aganmonmen Business Administration E-Library, the Peter Omoh Dunia Fitness Centre, and the Edo State University Health Centre are clear symbols of progress, partnership, and shared responsibility in advancing education and health in Edo State,” he said.

Governor Okpebholo further acknowledged the collective support from stakeholders, including a parent who volunteered to sponsor the architectural designs and the Vice-Chancellor, Professor Adetimirin, who donated one month of his salary.

“If you, the vice chancellor, can donate your salary, why will the Edo state government not donate towards the university projects they are carrying out? On this note, the Edo State government will give you (the school) N2 billion,” he declared.

“I also understand that a parent has offered to sponsor the designs, and our amiable Vice-Chancellor, Prof. Adetimirin, has donated his one-month salary to support the projects. These are not small things — these are sacrifices that speak louder than words,” he added.

On healthcare infrastructure, the Governor expressed support for the university’s plan to upgrade its medical facility.

“I commend the university for the new Health Centre to replace the existing sick bay. This is an important step toward providing better healthcare services to our university community. I assure you of our continued support as we work together to bring this vision to reality,” the Governor said.

He charged students of the institution to use the facilities well, and tasked the university management to “ensure proper maintenance and sustainability of these facilities.”

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Education

45 Student-Led Startups Win N2.2bn from FG Ventures Initiative

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45 Student-Led Startups

By Adedapo Adesanya

Forty-five student-led ventures emerged as beneficiaries of a total pool of N2.2 billion in grants at the 2026 Student Venture Capital Grant (S-VCG) Finalist Bootcamp.

The programme of the federal government marks a significant boost to youth innovation under its entrepreneurship drive, announced earlier this year.

At the bootcamp’s closing ceremony and awards presentation held at the United Nations Development Programme (UNDP) office in Ikoyi, Lagos, the winners emerged after a rigorous selection process involving 65 finalists and assessment by a 12-member expert panel.

Speaking at the event, the Minister of Education, Mr Tunji Alausa, said the initiative underscores the government’s commitment to transforming tertiary institutions into centres of innovation, entrepreneurship and practical problem-solving.

He described the S-VCG programme as a key pillar of President Bola Tinubu’s Renewed Hope Agenda, aimed at enabling students to convert ideas into viable businesses.

Mr Alausa noted that each beneficiary can access up to N50 million in equity-free funding, alongside mentorship, incubation support and digital tools.

He added that the programme attracted more than 30,000 applications from 404 tertiary institutions nationwide, reflecting the growing culture of innovation among Nigerian youth.

Also speaking, the Minister of Communications and Digital Economy, Mr Bosun Tijani, commended participants for leveraging technology to develop solutions to real-world challenges.

He urged them to build scalable, tech-driven ventures capable of contributing to national development.

Also speaking, Minister of State for Education, Mrs Suwaiba Sa’id Ahmad, praised the finalists’ resilience and creativity, noting that initiatives like S-VCG are critical to nurturing problem-solving skills and fostering an entrepreneurial mindset among students.

Chairman of the Senate Committee on Tertiary Education and TETFund, Mr Muntari Dandutse, called for sustained investment in youth innovation to strengthen Nigeria’s knowledge-based economy.

On his part, the National Project Coordinator of the Special Programmes Operations and Implementation Unit, Mr Adebayo Onigbanjo, outlined the structure and long-term objectives of the programme, stating that it is designed to equip students with the resources and confidence needed to build sustainable ventures.

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Education

UniJos Suspends Exams Over Deadly Jos Attack

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Unijos

By Adedapo Adesanya

The University of Jos has suspended all examinations scheduled for Monday and Tuesday following growing tension in Jos, after a deadly attack in Anguwan Rukuba, Jos North Local Government Area of Plateau State.

The management of the institution also advised students and staff to remain indoors and stay vigilant.

According to reports, the attackers, who rode on motorcycles, stormed the community at about 7:30 pm while residents were going about their normal activities, firing indiscriminately and causing panic.

Many people were killed, while several others sustained injuries in the attack.

“The attackers just rode past and started shooting sporadically. People were running in different directions,” a source told Channels Television.

The broadcaster also reported that in the aftermath of the attack, angry youths reportedly blocked major roads within the community, raising fears of escalating tension.

UniJos, in a statement issued on Sunday by the Deputy Registrar, Information and Public Relations, Mr Emmanuel Madugu, said the incident had heightened tension, necessitating the decision.

“In view of the late evening fatal attacks by unknown gunmen on residents of Angwan Rukuba (an area that hosts many staff and students of the University), and the consequential tensions it has generated in and around the area and environs.

“The Vice Chancellor has directed that all examinations scheduled to hold on Monday, March 30, and Tuesday, March 31, 2026, are postponed, and will be rescheduled accordingly. That members of the University community be advised to be very vigilant and extra careful with their movements (On and off Campus) with IMMEDIATE EFFECT.

“For emphasis, members are strongly advised to AVOID COMING OUT VERY EARLY IN THE MORNING, and should REPORT IMMEDIATELY any sign or shadow of breach of the public peace to the University Security Division on 08035895323.

“University Management is actively liaising with the relevant Security agencies and monitoring the situation to ensure the safety of the lives of members of the University community. Further relevant updates will be communicated in due course,” the deputy registrar added.

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