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Orevaoghene Whiskey Emerges InterswitchSPAK 4.0 Winner

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Orevaoghene Whiskey

By Modupe Gbadeyanka

A student of Top Faith International School, Akwa Ibom State, Miss Orevaoghene Whiskey, has won the fourth edition of the prestigious InterswitchSPAK National Science Competition.

She is now the first female winner of the 13-week Science, Technology, Engineering and Mathematics (STEM) show, which had over 20,000 applications across the country.

With the win, the 16-year-old best STEM student in Nigeria will receive the grand prize of N7.5 million in scholarships, among other exciting prizes.

InterswitchSPAK Nigeria is the corporate social responsibility (CSR) initiative of Africa’s leading integrated payments and digital commerce company, Interswitch.

The programme aired on domestic and terrestrial television stations, providing a platform for brilliant young Nigerians to showcase their knowledge in STEM subjects.

In the fourth edition, Adesayo Elumaro of The Ambassadors College, Ota, Ogun State, clinched the second spot and went home with N4 million, while Precious Akinyemi of Rhema Chapel International School, Oyo State, grabbed the third position and N1 million in scholarship.

Speaking on the essence of the initiative, the Chief Customer Experience Officer at Interswitch, Ms Oremeyi Akah, emphasised the need for more young Africans to tow the STEM path, thereby underscoring the goal of the InterswitchSPAK National Science competition.

”Research by the Africa Development Bank (AfDB) reveals that less than 25% of African higher education students pursue STEM-related career fields,” Ms Akah said.

Based on this premise, she expressed concern about the retrogressive impact this could pose on Africa’s talent pool which may not be opportune to acquire the necessary tech skills to drive innovation on the continent in the near future.

However, she submitted that through initiatives such as the InterswitchSPAK National Science competition, hope holds sway because “Interswitch is inspired by its vision of a prosperous Africa, driven by the exchange of value and commerce; an Africa where Africans are equipped with the requisite knowledge to solve the unique challenges faced on the continent.”

She added that the reward and prizes totalled N12.5 million was a way to fund the “dreams and aspirations” of the winners as they work towards creating an impactful future for Nigeria and Africa in general.

Last season, 16-year-old Jubril Dokun of Brainfield College, Salolo, Lagos State, who snagged the first prize, also emerged among the top 10 highest scorers in the 2022 Unified Tertiary Matriculation Exam (UTME).

With a vision of a prosperous Africa, Interswitch has pledged to provide enabling platforms that encourage the future generation of STEM professionals who will contribute to the growth of Nigeria and Africa at large. This has been evidently demonstrated with InterswitchSPAK rewarding 12 outstanding STEM students with a total of N50 million over the last four years.

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Education

Again, NELFUND Extends Deadline for 2025/26 Session Loan Applications

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By Adedapo Adesanya

The Nigerian Education Loan Fund (NELFUND) has granted another extension for its Student Loan Application Portal to accommodate institutions that requested additional time for the 2025/2026 academic session.

According to the statement signed by NELFUND’s Director of Strategic Communications, Ms Oseyemi Oluwatuyi, on Thursday, the extension applies only to institutions that submitted formal requests, allowing eligible students extra time to complete their applications.

“The Nigerian Education Loan Fund has approved an extension of its Student Loan Application Portal for institutions that have formally requested additional time for the 2025/2026 academic session,” the statement read.

Business Post reports that at the beginning of March, NELFUND announced an extension to the deadline by a week for its student loan application portal following a notable rise in nationwide interest driven by ongoing awareness campaigns.

Speaking on the development, NELFUND Managing Director and Chief Executive Officer, Mr Akintunde Sawyerr, reiterated the Fund’s commitment to ensuring that eligible students at participating institutions can access the student loan programme.

“NELFUND remains committed to ensuring that eligible students across participating institutions have the opportunity to access the student loan programme,” he said.

The Fund urges students in affected institutions to take advantage of the extension and submit their applications through the official portal.

It also emphasised its dedication to transparency, accountability, and providing sustainable financing solutions to remove financial barriers to higher education in Nigeria.

Established to administer the Nigeria Student Loan Scheme, NELFUND was enacted into law by President Bola Tinubu in April 2024.

The initiative provides interest-free loans to students in public tertiary institutions to cover tuition and living expenses.

Beneficiaries are required to repay the loans after completing their education and securing employment, aiming to increase access to higher education for students from low-income backgrounds.

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NRS to Boost Tax Education in Nigerian Institutions

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By Adedapo Adesanya

The Nigeria Revenue Service (NRS) has inaugurated a Curriculum Review Committee aimed at strengthening taxation education in Nigerian academic institutions and improving the country’s tax administration system.

According to a statement, the committee was inaugurated on February 24, at the NRS Academy in Durumi as part of the agency’s broader efforts to modernise tax education and align academic training with the evolving demands of contemporary tax administration.

Speaking during the inauguration, the Director of the NRS Academy, Mr Adeolu Akinyemi, said the review exercise would involve collaboration with the Chartered Institute of Taxation of Nigeria (CITN) to develop a more structured and relevant curriculum for the academy.

He emphasised that the initiative seeks to ensure that taxation programmes taught in Nigerian institutions reflect current developments in tax policy and practice, while also equipping students with the practical knowledge required in today’s tax administration environment.

The committee has been tasked with examining existing taxation curricula across Nigerian institutions and proposing updates that incorporate modern tax policies, recent legislative changes, and emerging areas such as digital taxation and global tax practices.

Officials say the review is also designed to close the gap between theoretical classroom instruction and the practical realities of tax administration.

By strengthening the link between academic learning and professional practice, the revised curriculum is expected to better prepare graduates for careers in the tax sector.

The effort is further expected to enhance tax awareness among citizens, encourage voluntary tax compliance, and support the development of skilled tax professionals who can contribute to national revenue generation and economic growth.

The committee is chaired by Mrs Aisha Hamman Mahmoud, Special Adviser to the Executive Chairman of the NRS on Research and Statistics. Its membership includes representatives from the service as well as academic experts in taxation and fiscal policy, alongside professionals with experience in tax administration, policy formulation, and tax education.

The committee will work with relevant educational regulatory agencies and professional bodies to ensure that the proposed curriculum aligns with national academic standards while addressing the practical needs of Nigeria’s tax system.

The NRS stated that the initiative forms part of its ongoing commitment to expanding tax knowledge, strengthening professional capacity, and promoting responsible tax practices across the country.

The curriculum review exercise is expected to be completed within 60 days, after which the Service plans to provide further updates on the implementation of the revised programme.

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Airtel Africa Foundation Gives Scholarship to 70 Nigerian Undergraduates

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By Modupe Gbadeyanka

The first batch of Nigerian undergraduates to enjoy fully paid scholarships for studying science, technology, engineering and mathematics (STEM) courses across the continent has been chosen by Airtel Africa Foundation.

Business Post gathered that 70 students from universities across Nigeria were selected from thousands of applicants through an independently managed process, which took nearly six months.

It was learned that most of the undergraduates were from the University of Lagos (UNILAG), Obafemi Awolowo University (OAU) Ile-Ife, the University of Benin (UNIBEN), Tai Solarin University of Education (TASUED), the University of Ilorin, Ahmadu Bello University (ABU Zaria), and the University of Nigeria (UNN).

The scholarship covers tuition, laptop computers, living expenses, and essential learning resources, a statement from Airtel Africa Foundation disclosed.

The chairman of the foundation, Mr Segun Ogunsanya, speaking at the presentation of the scholarships to the beneficiaries at the Lagos headquarters of Airtel Nigeria, emphasised the need for initiatives such as the Airtel Africa Foundation’s undergraduate tech scholarship for the future of the continent.

“True legacy is not measured by the awards we win or the volume of SIM cards we sell; it is measured by the lives we save, the people we feed, and the students we support when the line between success and failure is at its thinnest.

“At the Airtel Africa Foundation, we believe that lifting people out of poverty is the ultimate benchmark of a great company. Today, we are writing that legacy by tilting the balance in favour of the brilliant but underserved, ensuring that the fourth industrial revolution, driven by AI and Data Science, is built by African talent for the African continent,” he stated.

Mr Ogunsanya further revealed that this fellowship, executed through Airtel Nigeria, is designed to bridge the gap where funding, skills, and opportunity often fail to meet.

In addition to the N500,000 yearly budget for the fellows’ four-year or five-year courses, each fellow would be integrated into a structured support system for academic guidance and career mentorship, intended to ultimately transition students from the classroom to the global tech workforce.

Addressing the students, the chief executive of Airtel Nigeria, Mr Dinesh Balsingh, stressed that youth development is a strategic imperative for Airtel.

“At Airtel Nigeria, we view youth development as essential nation-building. When young people succeed, innovation accelerates, and social stability improves.

“By connecting these brilliant scholars to knowledge, skills, and confidence, we are fulfilling our core mission to connect people to opportunity. To our recipients: you earned your place here through merit and discipline. You are now ambassadors of excellence, and we expect your leadership to be defined by your conduct as you help shape a more inclusive digital future for Nigeria,” the Airtel Nigeria chief said.

The Nigerian cohort joins a prestigious network of Airtel Africa Foundation fellows currently studying in Tanzania, the Democratic Republic of Congo (DRC), Uganda, and India.

The initiative underscores a broader commitment to technology education, youth development, and Nigeria’s digital economy.

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