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NSE Deepens Financial Literacy with 2017 Essay Competition

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By Modupe Gbadeyanka

The Nigerian Stock Exchange (NSE) has announced commencement of the 2017 NSE Essay Competition with call for entries from students in senior secondary schools in Nigeria.

A statement issued by the local bourse on Monday said the theme of this year’s edition is ‘Investor education is critical to retail investor participation in the capital market. Discuss.’

The NSE Essay Competition is one of stock market regulator’s financial literacy and inclusion initiatives aimed at bridging the gap in classroom learning with practical knowledge required for long-term personal financial planning.

The competition’s overall goal is to develop a culture of wealth creation amongst youth towards ‘Building a Financially Savvy Generation.’

According to Ms Pai Gamde, Acting Head, Corporate Services Division at the NSE, this year’s topic has been selected to highlight the importance of the capital market in the efforts to improve national financial literacy.

“The NSE Essay Competition feeds into the Capital Market Literacy Master Plan; a 10-year Capital Market Master Plan currently being implemented by the Securities and Exchange Commission to increase the proportion of capital market literacy levels from 16% to 40% by 2025,” she said.

“It is important that students and youth understand the significance of the capital market in the Nigerian economy and participate in programmes and initiatives in relation to this sector which will enable them to shape their own lives and make a difference in their communities.

“I therefore urge parents and teachers to encourage students to participate in the NSE Essay Competition,” Ms Gamde added.

Mr Olumide Orojimi, Head of Corporate Communications at the NSE, said the NSE Essay Competition continues to be a force to be reckoned with nationwide, “the success of the competition over the years continues to be encouraging and has motivated The Exchange to sustain the initiative. Since year 2000, the competition has inspired over 37,000 young people from numerous higher institutions and over 7,000 secondary schools across Nigeria to showcase their knowledge of the financial and capital markets. It provides an opportunity for youths to contribute towards the discussions around the capital market and the Nigerian economy.”

“The competition rewards the 10 winners out of which the top three will be presented with equity investments, University scholarship funds and personal Laptops/tablets at the Awards ceremony which comes up in November 2017. The winners will also be honoured with a Closing Gong ceremony at The Exchange. The schools of the top three winners will also be recognised and presented with prizes such as trophies, desktop computers and printers. The competition has already received support from Access Bank Plc and Prime Atlantic Nigeria Ltd and many more expected to join the growing list of sponsors,” he added.

​Intending participants are required to submit their typewritten entries, which should not be more than 1,000 words via email to [email protected].

An online submission form is also available on www.nse.com.ng and the Nigerian Stock Exchange’s Facebook page. The entry submission is expected to close on Friday, October 27, 2017.

Recently, as part of efforts to boost capital market literacy, the NSE launched a knowledge platform, X-Academy, which offers bespoke capital market training programmes to equip individuals who will lead and transform businesses for sustainable growth.

This platform will help in strengthening financial literacy and enhance investment in the capital market.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Education

Egbin Power, FIPL to Host Sahara Power Academy

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Sahara Power Academy

By Modupe Gbadeyanka

A transformative initiative designed to equip young Nigerian engineers with the technical expertise and practical experience needed to drive sustainable power generation nationwide has been launched by Sahara Power Group.

This programme, known as the Sahara Power Technical and Innovation Academy (SPTIA), will be hosted by Egbin Power and First Independent Power Limited (FIPL), two of Nigeria’s leading power generation companies and members of the Sahara Power Group.

It was created as part of the company’s vision to deliver reliable and sustainable energy through a combination of infrastructure investment and human capital development, ensuring that Nigeria’s energy future is powered by both innovation and indigenous expertise.

Fifty graduate engineers will undergo a rigorous 10-month programme that combines intensive classroom learning with hands-on, on-the-job training across critical generation assets.

Participants will be exposed to real-time plant operations, maintenance systems, and industry best practices, positioning them for impactful careers in the power sector.

A strong emphasis will also be placed on safety as a core pillar of the academy.  The trainees will undergo mandatory safety modules covering industry standards and safe work practices, complemented by practical, scenario-based sessions.

This approach is designed to instil a safety-first culture and ensure that all participants are equipped to operate confidently and responsibly beyond compliance within the Plant environment.

At the end of the programme, top-performing trainees will be deployed across Sahara Power Group’s businesses, including Egbin Power, FIPL, and upstream operations, while others will be released into the broader Nigerian electricity labour market as part of the Group’s commitment to strengthening sector-wide capacity.

The Managing Director of Sahara Power Group, Mr Kola Adesina, said the initiative represents a deliberate investment in Nigeria’s future and a strategic response to the sector’s talent needs.

“We are committed to powering Nigeria not just through infrastructure, but through people. This academy reflects our belief that the future of sustainable energy delivery must be driven by skilled, young professionals who understand the local operating environment,” he stated.

“Egbin Power and FIPL provide the ideal platforms for this initiative, given their track record of operational excellence and technical depth. By leveraging these assets, we are creating a pipeline of engineers who are not only technically sound but also industry-ready from the outset,” he added.

Mr Adesina further charged the trainees to work as a team and ensure that the training programme brings out problem-solving skills that will enable them to contribute to human development and the progress of the power sector.

“We are here to truly and responsibly make a difference. We are here to look around our environment, and we are curious enough to see how we can make things better. We believe you are to make things better and add value to the sector,” he said.

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Education

Conference on Investing in Boys for Stronger Families, Communities Holds in Ibadan

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Boys Aid Network

By Aduragbemi Omiyale

A conference with the theme Flourish and Thrive: Investing in Boys for Stronger Families and Communities will take place at the Local Government Training School, Secretariat, Agodi, Ibadan, Oyo State, on Thursday, May 14, 2026.

The programme, in its second edition, is part of activities lined up to mark the 2026 International Boys’ Day Conference. It is being put in place by Boys Aid Network to confront a question many institutions have quietly ignored: Who is intentionally preparing the next generation of boys for the realities of leadership, responsibility, and manhood?

Expected to grace the occasion are educators, mentors, advocates, parents, and students.

The speakers include Jesudamilare Adesegun-David, Co-founder of Enovate Lab; Samson Folarin, Editor of Punch Newspaper Weekend Titles; Oluseye Joseph, Founder of EnterpriseCEO; Barrister Dotun Akinsanmi, Managing Partner at Dotun Akinsanmi LP; and media personality, Folakemi Arowolo, popularly known as Folakemi Mighty.

The convener, Barrister Olufunke Oyinlola, described the initiative as a deliberate effort to create safe and transformational spaces for boys to learn, reflect, and engage in meaningful conversations about their future.

“Too many boys are growing up without guidance, without safe spaces to express themselves, and without people intentionally helping them navigate the realities of life. This conference is our response to that challenge. We want boys to know that they are seen, valued, and capable of becoming responsible men who positively influence their families and communities,” she stated.

She added that the conference is ultimately about helping boys see possibilities differently and exposing them to conversations that can shape their confidence, choices, and sense of purpose.

More than 300 secondary school boys from across Oyo State are expected to participate in the event, which is organised in partnership with the Oyo State Ministry of Education, Science and Technology. The programme will combine keynote sessions, mentorship conversations, interactive learning, and a spelling bee competition aimed at boosting confidence and intellectual engagement.

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Education

Nollywood Star Alex Ekubo Dies

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Alex Ekubo

By Modupe Gbadeyanka

A popular Nigerian actor, Alex Ekubo, has reportedly passed away after a protracted illness.

According to reports, the movie star died after a battle with cancer, which kept him away from public glare and social media.

Last year, some of his fans expressed concerns over his sudden absence from social media, asking about his whereabouts.

On Tuesday evening, news about his demise flooded the blogosphere.

One of the sympathisers, Peter Okoye of the P-Square fame, wrote a Rest in Peace on the Nollywood star’s picture on X, formerly known as Twitter, confirming his death.

Several personalities and others have also expressed shock over the passing of the 40-year-old entertainer, who dazzled many with his acting skills.

During his lifetime, Alex Ekubo, who was said to have died of cancer, won several awards.

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