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Registration for InterswitchSPAK 4.0 Kicks Off

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InterswitchSPAK 4.0

By Aduragbemi Omiyale

Registration for InterswitchSPAK, a national science competition in Nigeria in its fourth edition, has commenced and will end on Wednesday, May 11, 2022.

A statement issued by Interswitch, Africa’s leading integrated payment and digital commerce company, said secondary schools in the country can visit the InterswitchSPAK portal to register between six and 20 of their best science students in Year 11 or Senior Secondary 2 (SS2) for the competition.

InterswitchSPAK is a competition designed to re-ignite the study of Science, Technology, Engineering, and Mathematics (STEM) subjects among secondary school students.

As part of the registration process, co-educational schools are required to register at least two female students as part of the selected students. The registered students will participate in the online qualifying examinations from the comfort of their schools, homes or the preferred location. The top 81 students will then proceed to the finale and battle for the crown of Nigeria’s Best STEM Student.

Schools interested in registering their best science students should visit https://www.interswitchspak.com/ to begin the process.

To write the qualifying examination, candidates can select from a choice of three days from Thursday, May 19, to Saturday, May 21, 2022, from any time between 8 am-6 pm.

The Chief Marketing and Communication Officer of Interswitch, Ms Cherry Eromosele, encouraged parents to give their children the right push towards a bright future in STEM.

“The dream we had about encouraging more students, especially girls, to take up STEM subjects is gradually materialising. The immense success of this life-changing contest in the past three editions has encouraged us to do more in supporting the education of young people in the sciences.

“We also encourage teachers, school administrators, parents and guardians not to relent, but to keep pushing for the best for these gems by getting them registered.

“We believe these students can shape their future by taking hold of the opportunities that come their way and making the best of them. We are quite enthusiastic about the innovations and great changes these young people will bring to the world,” she said.

The total coveted prize is N12.5 million worth of university scholarships for the top three winners, with the first prize winner receiving a N7.5 million tertiary scholarship spread over 5 years, a laptop and monthly stipends. The second prize is N4 million spread over 3 years, plus a laptop and the third prize is a N1 million scholarship for 1 year.

The last edition saw Jubril Dokun, a 16-year-old student of Brainfield College, Salolo, Lagos State, emerging as the winner, while the duo of 16-year-old Ayanlade Jesuferanmi of Obafemi Awolowo University International School, Ile-Ife and Omoniyi Qudus of Scholars Universal Secondary School, Ota came second and third, respectively.

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Education

FG Raises WAEC, NECO Examination Fees by 82% to N50,000

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waec neco

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.

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Education

FIRST E&P Backs Next Generation of Nigerian Engineers at Olympiad Finale

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FIRST E&P Olympiad Finale

**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.

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Education

UBA Foundation Inspires Savings Culture With Money Explorers Book

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UBA Money Explorers Book

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.”

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