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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 es***@*****om.ng.

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

Tinubu Renames PTDF College After Shehu Musa Yar’Adua

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By Adedapo Adesanya

President Bola Tinubu has approved the renaming of the Petroleum Technology Development Fund (PTDF) College of Petroleum and Energy Studies, Kaduna, in honour of the late statesman, General Shehu Musa Yar’Adua, in a move aimed at preserving his legacy while strengthening Nigeria’s specialised energy education framework.

The PTDF announced that, following a presidential directive, the institution will now be known as the General Shehu Musa Yar’Adua University of Geological Sciences and Engineering Technology.

In a statement, the Fund said the renaming reflects the federal government’s recognition of Yar’Adua’s contributions to national unity and Nigeria’s democratic evolution.

The late statesman, who died in 1997, was a prominent Nigerian soldier, politician, and businessman. He served as the Chief of Staff, Supreme Headquarters, under General Olusegun Obasanjo’s military administration from 1977 to 1979. He was the elder brother of former Nigerian President Umaru Musa Yar’Adua.

“This historic renaming honours the enduring legacy of the late statesman, General Shehu Musa Yar’Adua, celebrating his profound contributions to national unity and the democratic journey of Nigeria,” the PTDF stated.

The institution, established to develop high-level manpower and technical expertise for Nigeria’s petroleum and energy industries, is expected to continue its academic and research activities without disruption despite the name change.

According to the PTDF, the university will maintain its focus on delivering advanced education, research and technology-driven solutions for the country’s oil, gas and emerging renewable energy sectors.

“The institution remains firmly committed to its mandate of delivering world-class research, specialised training, and cutting-edge engineering technology solutions to power Nigeria’s oil, gas, and renewable energy sectors,” the statement added.

The Fund further assured students, academic partners, industry stakeholders and development institutions that all existing programmes, collaborations and operational activities would continue seamlessly under the university’s new identity.

“All ongoing academic programs, partnerships, and operations continue uninterrupted under this new institutional identity,” PTDF said.

The renaming comes as Nigeria intensifies efforts to build local capacity and technical expertise to support energy transition goals, deepen indigenous participation in the petroleum industry and strengthen research-driven innovation across the energy value chain.

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Airtel Green Schools Initiative Births to Promote Sustainability Education in Nigeria

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airtel africa foundation

By Modupe Gbadeyanka

A sustainability-focused programme known as Airtel Green Schools has been launched by Airtel Africa Foundation, as part of activities to commemorate the 2026 World Environment Day, themed Climate Action.

The initiative will create environmental learning spaces in primary and secondary schools, with the spaces to be branded Airtel Garden.

Already, the company’s 10 adopted schools, located in nine states across the country’s six geopolitical zones, have been onboarded as Green Schools.

Each of the schools now features an Airtel Garden, with dedicated sections for edible crops, fruit trees and shade trees, enabling pupils to learn firsthand about food cultivation, biodiversity and the importance of increasing green cover to help mitigate the effects of climate change.

The gardens also incorporate composting stations where organic waste generated within the school environment can be converted into nutrient-rich compost. To boost circular economy practices, plastic recycling segments have also been built into repurpose common wastes such as plastic bottles and tyres.

The beneficiary schools of the programme include St. George’s Nursery and Primary School, Ipaja, Lagos; Yahaya Primary School, Zaria; Iyeru-Okin Primary School, Iyeru-Okin, Kwara; St. John Primary School, Ijebu Igbo, Ogun State, and Community Primary School, Amumara, Imo State.

Others are Presbyterian Primary School, Ediba, Cross-River; Migrant Farmers Community Primary School, Umuahia, Abia State; Gwange III Primary School, Maiduguri, Borno State; Mayflower Secondary School, Ikenne, Ogun State; and Government Day Primary School, Gombe State.

“We are excited to inaugurate Airtel Green Schools, which are designed to go beyond awareness and create real behavioural change within Nigeria’s school communities.

“Through the Restore, Reduce and Educate pillars, we are equipping young people with practical tools such as gardens, recycling awareness, and environmental learning resources.

“Our goal is to create a replicable Green School model that can be scaled and sustained over time, ensuring that environmental education becomes part of everyday learning for the children in our adopted schools,” the chairman of the foundation, Mr Segun Ogunsanya, stated.

Also speaking, the chief executive of Airtel Nigeria, Mr Dinesh Balsingh, said, “Climate action becomes meaningful when awareness is translated into action. Through the Airtel Garden, we are creating living classrooms where pupils can learn practical lessons about environmental stewardship, sustainable agriculture, waste management and the importance of protecting our planet.

“We believe that empowering young people with these experiences today will help shape a more environmentally responsible generation tomorrow.”

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Ex-UNILAG VC Prof Ogundipe Chairs NUC

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Professor Oluwatoyin Ogundipe

By Modupe Gbadeyanka

A former Vice-Chancellor of the University of Lagos (UNILAG), Prof Oluwatoyin Temitayo Ogundipe, has been appointed as the chairman of the governing board of the National Universities Commission (NUC).

He was chosen for the role by President Bola Tinubu, according to a statement on Monday by the president’s Special Adviser on Information and Strategy, Mr Bayo Onanuga.

Prof Ogundipe succeeds Professor Olufemi Raphael Aina, who resigned his appointment after less than one year in office.

President Tinubu appointed Professor Aina in July last year, and the board members were inaugurated in November 2025.

As NUC Chairman, Prof Ogundipe will oversee the regulatory body of the Nigerian university system, focusing on funding, global competitiveness and academic stability.

He is expected to provide visionary leadership at the NUC and sustain the credibility of the Nigerian university system by advancing quality, access, and integrity in the education sector.

Prof Ogundipe headed the University of Lagos between 2017 and 2022. He is a professor of Botany with expertise in molecular plant taxonomy, biosystematics, ethnobotany, cytogenetics, forensic botany, and ecological conservation.

He holds a PhD in Botany from Obafemi Awolowo University and an MBA from the University of Lagos.

Currently, Prof Ogundipe, 66, serves as Pro-Chancellor of Redeemer’s University, Ede, Osun State.

He is a fellow of several professional bodies, including the Nigerian Academy of Science, the Linnaean Society of London, and the Royal Society of Biology, London. He has also served as President of the Botanical Society of Nigeria and Chairman of the Lagos State Science, Research and Innovation Council (LASRIC).

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