Education
Ifeoluwa Abiodun Wins 2016 NSE Essay Competition

By Modupe Gbadeyanka
A winner has emerged in the 2016 edition of the Nigerian Stock Exchange (NSE) Essay Competition for Senior Secondary Schools students in Nigeria.
Miss Ifeoluwa Toluwanimi Abiodun, a 14 year old student of Babington Macauley Junior Seminary, Ikorodu, Lagos State, was announced winner of the competition.
She clinched the first position at the award ceremony, held at the Civic Centre on Thursday, November 24, 2016, ahead of over 7,400 participants across the country, winning N500,000 in scholarship fund for university education, N250,000 worth of equity investment and a laptop. Her school was also rewarded with three desktop computers and a printer.
Udeaja Nneoma of Sacred Hearts College, Apapa, Lagos and Gbenjo Olasubomi Victoria of Good Shepherd Schools, Meiran, Lagos emerged first and second runner-ups respectively.
The three students were also honoured with a Closing Gong ceremony at the stock exchange.
The NSE Essay Competition is one of NSE’s financial literacy and inclusion initiatives aimed at bridging the gap between classroom learning and practical knowledge required for long-term personal financial planning.
It serves as an essential platform to get the perspectives of our young ones on key challenges relating to financial literacy and inclusion in Nigeria. The competition’s overall goal is to develop a culture of wealth creation amongst our youth towards “Building a Financially Savvy Generation”.
Speaking at the event, Chief Executive Officer of NSE, Mr Oscar Onyema, noted that the exchange has implemented and supported a number of programmes in line with the National Financial Literacy Framework (NFLF), which contribute to raising the level of financial literacy in Nigeria.
“To date, we have executed over 200 free capacity building workshops, aimed at enhancing investor understanding of the basics of investing. The multiplier effect of these workshops is phenomenal, as approximately 16,000 retail investors from the grassroots can now make better investment decisions,” he said.
“Improving financial literacy is at the core of what we do at the NSE because we recognize that the ability to make well-informed financial decisions plays an important part in the capacity of individuals to manage financial matters well, a factor that can have either a negative or positive ripple effect on the economy.
“I am proud to say that with the NSE Essay Competition, we have established a strong foundation for improving the financial literacy and capability of Nigerians.
“Through this competition, we have been able to promote financial literacy among young Nigerians, by encouraging them to learn how good financial decisions can better their lives now and in the future, and ultimately grow the economy,” Mr Onyema added.
According to him, the NSE, in the past 16 years, has through this laudable initiative impacted the lives of many Nigerian youths in various secondary schools positively.
“We have been able to inspire over 37,000 young people in more than 7,000 schools across Nigeria to learn how good financial decisions can better their lives now and in the future, and ultimately grow the economy,” he said.
The keynote speaker, Mrs Modupe Mujota, who is the Lagos State Commissioner of Education, Science and Technology, noted in her speech that the youth are the trustees of prosperity and the greatest asset bequeathed to any nation.
She advocated for a conscientious effort to ensure proper mentoring is done to achieve the requisite paradigm shifts per time.
Mrs Mujota commended the Exchange for the essay competition initiative and call on other financial associations to emulate the Exchange by organising related programmes that could assist our youth to embrace sound financial practices.
A life coach, Mr Lanre Olusola, advised the students to be focused and not be distracted from achieving their core goals in life.
“No matter what your dream is without sight you will not reach the goal”, he said.
This year’s competition was sponsored by Access Bank Plc, Presco Plc, Nigerian Breweries Plc, Rand Merchant Bank, FBN Holdings, UTC Nigeria, Mobil Oil and Ruff n Tumble.
Education
Okpebholo Raises Edo State University’s Monthly Subvention to N250m
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.”
Education
45 Student-Led Startups Win N2.2bn from FG Ventures Initiative
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.
Education
UniJos Suspends Exams Over Deadly Jos Attack
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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