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Stanbic IBTC Gives 87 Students N34.8m for University Education

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Stanbic IBTC IDE

By Ahmed Rahma

Not less than N34.8 million worth of scholarship has been given to 87 candidates of the University Tertiary Matriculation Examinations (UTME) for their awesome performances in the 2019 and 2020 exam.

The gesture was given by a leading financial institution, Stanbic IBTC Holdings Plc, to encourage hard work and excellent academic performance.

The chief executive of Stanbic IBTC Holdings, Dr Demola Sogunle, while speaking at the presentation of the scholarships on Thursday, said the prosperity of the nation and its citizens was hinged on the youth’s educational development.

He further said the financial institution, which is a member of Standard Bank Group, remains determined to provide the necessary support to brilliant students.

“Stanbic IBTC appreciates the fundamental role education plays in transforming society, which is why we have chosen to institute the scholarship to encourage hard work and academic excellence amongst Nigerian students who desire tertiary education.

“The scholarship will enable them to pursue and realise their dreams of academic excellence,” he said.

“The scholarship will be disbursed to the 87 students in yearly tranches for a period of four academic years.

“However, after the first tranche, subsequent disbursements will be subject to maintaining at least a second-class upper grade and evidence of good conduct confirmed by the school” Mr Sogunle added.

He further stated that, “Education Trust Funds will be set up for the beneficiaries, and thefunds will be accessed through the Education Trust accounts.”

In 2019, the lender announced its scholarship scheme which was introduced as part of the activities to celebrate its 30th anniversary.

The scheme, according to the bank is to support, reward and encourage students who had excelled in their academic pursuit and also in line with its commitment to value-driven corporate social investments, designed to contribute to youth’s educational development. The beneficiaries were effusive in their appreciation of the gesture.

Business Post gathered that the 87 beneficiaries of the scholarships yesterday included physically challenged students and they were picked from the 36 states in the country of which 39 of them participated in the 2019 exam while 48 participated in the 2020 exam.

Expressing his gratitude, one of the beneficiaries, Hammed-Saruk Omogbolahan, said the scholarship would allow them focus on their education, and he assured that they would continue to strive for academic excellence to justify their selection.

Education has remained a key focus area for Stanbic IBTC, and the financial institution has continued to play a leading role in transforming lives through education.

Other scholarship initiatives organised by the financial institution include those awarded to indigent children who have suffered limb losses, under its signature CSI initiative tagged Together4ALimb.

Ahmed Rahma is a journalist with great interest in arts and craft. She is also a foodie who loves new ideas. She loves to travel and would love to visit other African countries someday. She is a sucker for historical movies and afrobeat.

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Education

Orire School Abduction: Oyo Teachers Begin Indefinite Strike

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Orire School Abduction

By Modupe Gbadeyanka

Teachers in Oyo State on Monday, June 1, 2026, commenced an indefinite strike to protest the abduction of their colleagues and some pupils about two weeks ago.

The teachers withdraw their services from schools until further notice in compliance with the directive of the Nigeria Union of Teachers (NUT).

In a statement on Sunday, the group said the industrial action affects all public primary and secondary school teachers in Oyo State.

They are aggrieved over the continued captivity of abducted teachers and pupils, whose rescue and safe release remain uncertain.

According to the union, the prolonged detention of the victims has created fear and anxiety among teachers, discouraged parents from sending their children to school, and heightened tension across communities in the state.

The NUT said the industrial action is aimed at drawing the attention of government authorities to the urgent need to intensify efforts toward securing the safe release of the abductees without further delay.

It urged all teachers to comply fully with the directive, remain law-abiding, and stay safe in their respective homes throughout the period of the strike.

The association also reaffirmed its solidarity with the abducted teachers, pupils, and their families, stressing that lawful engagements with relevant government authorities would continue until the victims regain their freedom.

The NUT assured members that it remains committed to protecting the welfare and security of teachers and learners across the country.

A few weeks ago, some terrorists stormed the Orire Local Government Area of Oyo State and kidnapped dozens of children and teachers. They have remained in captivity, with the federal government only sending a delegation to the town on Sunday, May 31, 2026.

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Education

KolaDaisi University Hosts Career Fair June 10 in Ibadan

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KolaDaisi University Career Fair

By Modupe Gbadeyanka

On Wednesday, June 10, 2026, KolaDaisi University (KDU), in a bid to strengthen the talent-to-industry pipeline, will hold its inaugural Career Fair at its campus in Ibadan, Oyo State, with over 200 final-year students, alumni, and a diverse range of leading employers across multiple sectors expected to partake in the programme.

The one-day event, organised by the Directorate of Advancement and Alumni Relations, will feature participation from top-tier organisations spanning finance, consulting, technology, manufacturing, and other key industries.

Participating companies will engage directly with students, offering opportunities for graduate trainee programmes, National Youth Service Corps (NYSC) placements, internships, and entry-level employment.

In addition to recruitment opportunities, the Career Fair will include a series of industry-led sessions, panel discussions, and networking engagements designed to provide students with insights into workplace expectations, emerging career trends, and professional development pathways.

“At KolaDaisi University, we are deliberate about preparing our students for life beyond the classroom. This Career Fair represents a critical platform for fostering meaningful engagement between our students and industry leaders.

“It is not just an event, but a long-term investment in partnerships that will drive innovation, talent development, and economic growth,” the President of the Directorate of Advancement and Alumni Relations, Mrs Olasumbo Obaseki, stated.

The Career Fair underscores the university’s commitment to equipping its students with not only academic excellence but also the practical skills, professional exposure, and networks required for success in today’s competitive labour market.

It is put together in collaboration with key industry partners, including Chapel Hill Denham, Mobile Screens and Sound Limited, SKOT Communications, LEADWAY Assurance, HighlerLife Properties Consult Ltd, Idea Konsult, New Horizons Nigeria, alongside several other organisations committed to nurturing emerging talent.

These partnerships reflect a shared vision of developing a workforce that is both competent and responsive to evolving industry needs.

This impactful and timely initiative is an essential platform for aligning academic outcomes with industry expectations.

The initiative forms part of KDU’s broader institutional strategy to enhance graduate employability through sustained industry engagement, career readiness programmes, and alumni relations.

By creating structured opportunities for interaction between students and employers, the institution continues to position itself as a forward-thinking institution committed to producing globally competitive graduates.

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Education

Tinubu Appoints 39-Year-Old Prof Segun Aina as New JAMB Registrar

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prof segun aina JAMB

By Modupe Gbadeyanka

Professor Segun Aina has been appointed to replace Professor Is-haq Oloyede as the Registrar of the Joint Admissions and Matriculation Board (JAMB). The two-term tenure of his successor expires on July 31, 2026.

Mr Aina was chosen for the position by President Bola Tinubu, and he is expected to bring to bear his vast experience, knowledge and practical insight into the operations of the board, to take the critical educational organisation beyond the laudable heights achieved by his predecessor.

According to a statement on Thursday by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, Professor Aina, who will be 40 in July, is a distinguished academic and systems expert with extensive experience in national examination systems, digital infrastructure, and public-sector institutional reform.

He holds a Bachelor of Engineering in Computer Systems Engineering from the University of Kent, an MSc in Internet Computing and Network Security, and a PhD in Digital Signal Processing, both from Loughborough University, United Kingdom. He has also completed the Senior Management Programme at Lagos Business School.

A Professor of Computer Engineering at Obafemi Awolowo University, Ile-Ife, Mr Aina began his career with JAMB during his National Youth Service, gaining foundational experience in national admissions and data-driven institutional processes. These insights have shaped his ongoing contributions to examination reform and systems optimisation.

With over 15 years of post-graduation experience, Professor Aina operates at the intersection of technology, policy, and institutional transformation, advising federal and state governments on system design, digital transition, and operational reform. At 39, he became one of Nigeria’s youngest Computer Engineering professors and will now make history as JAMB’s youngest registrar.

He has served as a consultant to major examination bodies, including NECO, NABTEB, and various State Ministries of Education, providing expertise on ICT systems, examination integrity, and digital process optimisation.

Professor Aina is a member of several professional bodies, including the Council for the Regulation of Engineering in Nigeria (COREN), the Nigerian Society of Engineers (NSE), the Institute of Electrical and Electronics Engineers (IEEE), and the Institution of Engineering and Technology (IET).

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