Education
81 Students Qualify for Next Stage of InterswitchSPAK 4.0
By Modupe Gbadeyanka
The organisers of the prestigious InterswitchSPAK National Science Competition have shortlisted 81 students for the next stage of the educational contest.
The students were chosen from the over 12,000 students who vied for a spot in the finals of the fourth edition of the programme through a nationwide computer-based test (CBT) held between June 2 and 8, 2022, in two stages.
Business Post gathered that the first stage of the CBT was held on June 2 and 5, with the participants pruned to 500 from 12,000 and on June 8, another test was conducted to further trim the number to 81.
The students were tested in Science, Technology, Engineering, and Mathematics (STEM) subjects and the eventual winner of the competition will smile home with N7.5 million in scholarships for five years, a laptop, and monthly stipends.
The first runner-up will receive N4 million in scholarships, a laptop, and monthly stipends for a period of 3 years, while the second runner-up will go home with N1 million in scholarships for a year, a laptop and monthly stipends.
It was learned that the top 81 students who scaled the screening process were from 13 schools, including Adedokun International School, Ota; The Ambassador College, Ota; Marist Brothers’ Juniorate, Uturu, Abia; Faith Academy Canaan Land, Ota; Loyola Jesuit College, Abuja; and Mount Olive College, Anambra.
Others are Greater Tomorrow International College, Arigidi, Ondo State; Bofoat Model College, Ondo State; FUTA Staff Secondary School Akure, Ondo; Seolad International College, Ogun; Great Cornerstone International Science College, Ondo State; Apt Scholars Universal College, Ogun State; and Oritamefa Baptist Model School, Ibadan.
Speaking on the importance of InterswitchSPAK and the need to encourage and reward more students in Africa to take up STEM subjects, the Group Chief Marketing and Corporate Communications Officer of Interswitch, Ms Cherry Eromosele, noted that Africans should play a more central role in mapping out the future of Africa.
Ms Eromosele added that the continent was ripe for development at the same scale as observed in the developed world, adding that this development had been proven to be spurred by the knowledge and application of STEM.
“InterswitchSPAK remains an integral expression of the belief we hold at Interswitch, which is that Africa’s story can be changed from the inside out. And what this means is that only through the active participation of Africans can the change we seek to come about.
“For this reason, we leverage the InterswitchSPAK National Science Competition, now in its fourth run, to encourage young Africans to find value in STEM subjects that have been identified as drivers of economic prosperity, something that we at Interswitch have seen firsthand,” she said.
InterswitchSPAK is a Corporate Social Responsibility (CSR) initiative of Interswitch and since its inception, it has continued to champion the study of STEM subjects among students in Africa as the competition has moved beyond a locally-organized initiative and has expanded to other parts of Africa such as Kenya in East Africa.
In 2021, the contest was won by Jubril Dokun of Brainfield College, Alagbado, Lagos State. Ayanlade Jesuferanmi of Obafemi Awolowo University International School, Ile-Ife, Osun State was the second-place winner, while Omoniyi Qudus of Scholars Universal Secondary School, Ota, Ogun State, was the third-place winner.
By Modupe Gbadeyanka
The examination fees of Senior School Certificate Examinations (SSCE) conducted by the West African Examinations Council (WAEC) and the National Examinations Council (NECO) have been increased by the federal government by about 82 per cent to N50,000 from N27,500.
A circular signed by the Director of Senior Secondary Education in the Federal Ministry of Education, Mr Adeniji Ibrahim, disclosed that the new fees would become effective in 2027.
In the notice, it was disclosed that the government approved the upward review of the fees following a request by WAEC.
It was further disclosed that the decision to jack up the fees was reached after a March 31, 2026, meeting between the Minister of Education and examination bodies, where the need to review examination fees was discussed.
“You may recall that at a meeting of examination bodies held with the Minister of Education on March 31, 2026, where the need for upward review of examination fees was discussed, the Minister directed that WAEC and NECO should adopt a uniform fee for the conduct of WAEC and NECO SSCE,” the statement read.
“Consequently, I am directed to convey the Minister of Education’s approval of the sum of N50,000 only, as the new examination fee per candidate, with effect from NECO SSCE (Internal), 2027,” it added.
**Modibbo Adama University Emerges Grand Prize Winner, Secures N50m
A leading integrated independent exploration and production company with full-cycle upstream delivery capability, FIRST Exploration & Petroleum Development Company (FIRST E&P), has reaffirmed its commitment to developing Nigeria’s next generation of engineers.
This commitment was highlighted during the grand finale of the maiden edition of the Nigerian Engineering Olympiad (NEO), held on Tuesday, June 30, 2026, at Eko Hotel & Suites, Victoria Island, Lagos.
The event recognised outstanding student innovators whose engineering solutions addressed real-world challenges, marking the culmination of months of regional qualifiers, prototype development, mentorship and boot camp sessions that equipped students from universities and polytechnics across Nigeria with practical skills in engineering, innovation and entrepreneurship.
The Olympiad attracted 984 participants across 375 teams from more than 80 tertiary institutions representing all six geopolitical zones of the country.
Delivering the sponsor’s address, the General Manager, Engineering and Capital Projects, FIRST E&P, John Alamu, emphasised that the competition reflects the company’s commitment to equipping students with the practical knowledge and innovative mindset required to excel in engineering and strengthen Nigeria’s future workforce.
Alamu, noting that initiatives such as the Engineering Olympiad provide a structured platform for young talent to transform innovative ideas into practical solutions that contribute to the country’s technological and industrial advancement, stated that, “FIRST E&P believes that developing STEM capacity is an investment in this country’s ability to solve its own problems. The Nigerian Engineering Olympiad has taken young engineers and taught them to think beyond the drawing board, and FIRST E&P is proud to have been a funding partner for this initiative. I commend NCDMB for championing the Olympiad and Enactus Nigeria for successfully delivering a platform that is helping shape the next generation of Nigerian engineers and innovators.”
In his address, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, represented by the Acting Director, Planning, Research and Statistics, Silas Ajimijaye, expressed appreciation to FIRST E&P for their unwavering support in successfully delivering the Olympiad.
Ajimijaye added that the initiative aligns with the Federal Government’s Nigeria First Policy, which aims to build indigenous engineering capacity and equip young Nigerians with the knowledge and skills needed to drive industrial competitiveness, technological advancement, and sustainable national development.
The competition concluded in the awarding of prizes, with Team Mavericks of the Modibbo Adama University of Technology, Adamawa State, winning the grand prize of N50 million and a Centre of Excellence building for its Faculty of Engineering.
The team’s winning innovation, Ubuntu Sapphire, is a community-powered rapid alert system that uses affordable devices to instantly notify neighbouring households and emergency responders during emergencies, offering a practical solution aimed at strengthening community security and emergency response infrastructure.
Speaking after receiving the award, Team Lead, Dr David Patrick, expressed gratitude to the organisers and sponsors for providing a platform that fostered innovation and practical learning.
The University of Ibadan emerged as the first runner-up, receiving N30 million and N75 million worth of engineering equipment for its Faculty of Engineering. The University of Nigeria, Nsukka, secured third place and was awarded N20 million and N50 million worth of engineering equipment. The University of Jos finished fourth, receiving N10 million.
By Modupe Gbadeyanka
The Corporate Social Responsibility arm of the United Bank for Africa (UBA) Plc, UBA Foundation, has collaborated with Slum2School Africa to deliver a hands-on financial literacy workshop for underserved children.
At the event designed to equip participants with essential money management skills from an early age, an engaging learning companion, the UBA Money Explorers Book, was presented.
The book introduces the children to the fundamentals of financial literacy through interactive stories, practical money ledgers, games and activities.
The pupils were also introduced to the UBA Red Vault, a savings product created to encourage healthy financial habits from childhood.
This is part of UBA Foundation’s broader financial inclusion and social impact agenda, which promotes education, youth empowerment and community development through innovative learning programmes and grassroots outreach across the group’s 20 African countries of operation.
The Managing Director of UBA Foundation, Ms Bola Atta, underscored the importance of introducing children to financial education early, noting that such interventions help build lifelong habits that foster confidence, responsibility and economic independence.
“Every child deserves the tools to dream bigger and plan better, regardless of where they come from. When we teach a child to understand money, we are giving them confidence, choice and a clearer sense of what is possible.
“Our partnership with Slum2School Africa enables us to reach children who stand to benefit the most, and seeing their enthusiasm as they learn reminds us why this work is so important,” she stated.
Also commenting, UBA’s Segment Executive for Children and Youth Banking, Ozioma Obi, said, “We are creating products and experiences that make banking simple, relatable and enjoyable for children from their very first lesson.
“The Money Explorers Book and the UBA Red Vault are designed to make saving exciting rather than a task. When children begin this journey early, they develop habits that will serve them throughout their lives. That is how we nurture informed, empowered and financially responsible future generations.”
On his part, the Senior Programmes Manager for Slum2School Africa, Mr Adekunle Idowu, said, “Financial literacy is a life skill that every child deserves, regardless of their background.
“Through this partnership with UBA Foundation, we are helping children develop the confidence, knowledge and discipline to make informed financial decisions from an early age. When we empower children with these skills today, we are investing in a more financially responsible and economically resilient future.”
