Education
NGX Considers Capital Market-Related Degrees at UNILAG
By Aduragbemi Omiyale
In order to deepen the interest of students in the capital market, the Nigerian Exchange (NGX) Limited is considering working with the management of the University of Lagos (UNILAG) to design courses for capital market-related degrees.
This disclosure was made by the chief executive of the bourse, Mr Temi Popoola, during a digital closing gong ceremony to commemorate the 26th Nigeria University Games Association (NUGA) hosted by the higher institution.
At the event held on Tuesday, March 15, 2022, Mr Popoola expressed the organisation’s interest in grooming the next generation of capital market players.
“We are eager to work with the University of Lagos to create courses that can produce degrees that are closely related to the capital market,” he said.
“Whilst our manpower training has focused on stakeholders within the capital market ecosystem in the past, we see the student community as potential participants that can be instrumental in improving our value chain,” he added.
The NGX chief noted that, “Our efforts at raising awareness around the opportunities and benefits of the capital market must extend to the crop of individuals who are not educated about the workings of the capital market, many of whom are in universities across the country.”
Given the youthful composition of the Nigerian population estimated at 60 per cent of the total population, active participation by this demography is of critical importance to the growth of the capital market.
“We will continue leveraging technology to further digitize process flows across the intermediaries accessing the market,” he concluded.
On his part, Vice-Chancellor, University of Lagos, Prof. Oluwatoyin Ogundipe, appreciated the exchange for the opportunity to leverage the closing gong ceremony to raise awareness for the NUGA Games.
“This competition will attract the world to the University of Lagos and Nigeria as a whole to showcase the good things that are happing in the country and NGX is part of the platforms that is bringing good things to Nigeria.
“The competition will be a cosmopolitan event because events will be hosted across multiple locations in Lagos State including Teslim Balogun Stadium, Rowe Park, Yaba and amongst other venues.
“This year, the NUGA Games is themed Education and Culture to showcase the cultural heritage of Lagos.
“We are expecting over 9,000 students and observers from about 75 universities that have registered to participate in the games and will all be hosted during the event.
“Through this event, we continue our ongoing partnership with NGX in the areas of research, innovation and education bring solutions to some of the country’s challenges and showcase the University of Lagos as the University of First Choice,” he said.
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.”
