UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced that the three top winners of this year’s National Essay Competition (NEC) will get educational grants worth N10.5m to study in any African university of their choice just as it has stated that students now have up to October 28th, 2022 to send in their entries.
The first prize winner will get a N5m grant, which represents a significant increase by 40% from last year’s winning prize which was a N3.5m grant.
The second and third winners will each get N3 million and N2.5 million educational grants respectively up from N2.5m and N2m which was given out last year.
Apart from the cash prizes, the writers of the 12 best essays will go home with brand new Laptops and other educational tools to help them with their tertiary research work and other studies.
The annual National Essay Competition (NEC) is part of UBA Foundation’s education initiative which is aimed at promoting literacy and encouraging healthy and intellectual competition amongst senior secondary school students in Nigeria and across the African continent.
The essay topic for this year is: ‘ASUU Strikes have often cost Nigerian students time. Advise the Nigerian government on how they can reach an agreement with ASUU to improve tertiary education in the country.”
The Foundation encourages students from Senior Secondary Schools across Nigeria to participate in this year’s essay competition as they can now submit their entries with ease from the comfort of their homes or schools through the UBAF NEC digital submission portal: ht
For ease of submission, students can also walk into any UBA Branch across the country and ask that their handwritten essays be scanned and uploaded on the portal for them.
All essays must be handwritten (not typed) and students now have up until October 28th, 2022 to upload the scanned copies of their handwritten entries as well as their IDs on the digital portal as no physical copies will be accepted this year.
The NEC has also been rolled out in other African countries where UBA operates, in order to open the opportunity for more African children.
UBA Foundation embodies the UBA Group’s CSR objectives and seeks to impact positively on societies through several laudable projects and initiatives. The Foundation through its Education pillar has donated hundreds of thousands of books to students across Africa under the ‘Read Africa’ initiative aimed at encouraging and promoting the reading culture in African youths.
Breaking: PDP induces people to impersonate political parties, plans press conference.
Concerned citizens in Ogun state on Friday raised an alarm over the inducement of some buyable politicians by PDP governorship candidate, Hon. Ladi Adebutu.
The insider source revealed that Adebutu, who lost out in the governorship election of last Saturday, has slated a press conference where some people will impersonate the executives of the Ogun State Chapter of Inter-Party Advisory Council (IPAC) along with few politicians claiming to be Chairmen of registered political parties, with a promise of N2 million naira each.
The press conference slated for Park Inn Abeokuta, owned by Ladi Adebutu’s father will hold any moment from now.
According to the insider source, “Ladi and his party know they cannot win at the Tribunal because they are quoting a wrong section of the Electoral Act 2022, while ignoring the relevant and applicable section of the law. That is why they are bent on inciting and inducing the public instead of going to the Tribunal”
Wema Bank Organises Financial Literacy Programme for Students to mark 2023 Global Financial Literacy Day
Wema Bank Plc, Nigeria’s leading Innovative Financial Institution is championing financial literacy for the next generation by participating in the Global Money Week to commemorate the Financial Literacy Day on March 23, 2023.
In alignment with the theme “Plan your Money, plant your Future”, Wema Bank organized financial literacy sessions for secondary school students across all states where the Bank is represented. This is to instill an early understanding of the significance of building a solid financial foundation and achieving financial stability and success from a young age.
The Deputy Managing Director of Wema Bank, Mr. Wole Akinleye, led the Financial Literacy Session at Yola Model School, Adamawa State. The students were trained on personal finance topics such as budgeting, emergency funds, saving for goal actualization, investment, donating for positive societal impact amongst others. He further encouraged the students on the importance of developing financial literacy as a life skill.
Speaking on the significance of Financial Literacy Week, Mr. Akinleye emphasized Wema Bank’s commitment to empowering young minds with the skills and knowledge necessary to make informed financial decisions. In his words, “Our hope is that through these initiatives, we can empower more individuals to take control of their finances and achieve financial stability.”
Financial literacy is vital for the achievement of financial stability, and it is essential to ensure that everyone has the necessary tools to manage their finances effectively and achieve their financial goals. Wema Bank Plc is committed to providing educational resources and opportunities for children through the Royal Kiddies Account and a range of other savings products, supporting financial empowerment for the next generation.
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