Ecobank Nigeria and Verve have launched InnovateX 2026, a youth empowerment challenge offering N20 million in prizes for innovative projects by Nigerians aged 16 to 25. According to Legit.ng, the initiative invites eligible young people to apply and showcase creative solutions, with the grant funding awarded to standout entries as part of the two companies' effort to support youth innovation in Nigeria.

Nigerian fintech company OPay has marked its tenth anniversary by highlighting a ₦1.2 billion scholarship initiative aimed at supporting students across more than 40 tertiary institutions by 2026. According to Techpoint Africa, the programme is presented as a significant commitment to education in Nigeria, where scholarships can make a major difference for students. The company described the effort as evidence of its long-term presence in the Nigerian market.

President Bola Tinubu emphasized Nigeria's young population as a significant asset in expanding digital opportunities for businesses and workers. He assured Mastercard of the country's readiness in terms of a tech-savvy workforce and expressed support for enhancing digital skills among small and medium enterprises (SMEs).

Egbin Power has launched the 11th edition of its annual scholarship programme, with 250 students participating, according to ThisDay Live. The company said the initiative reflects its commitment to advancing quality education and creating meaningful opportunities for young people in its host communities. The scheme forms part of the power firm's ongoing corporate social responsibility efforts in Nigeria.

Nigeria has been recognized as Africa's top beneficiary of the European Union's Erasmus Mundus Joint Master's scholarship programme, with 163 Nigerian students admitted this year, of which 89 have secured fully funded scholarships. This announcement was made by the European Union Ambassador to Nigeria and ECOWAS, Ambassador Gautier Mignot, during the 2026 Erasmus Mundus event.

Fifty Nigerian students have received scholarships from the Indian Council for Cultural Relations (ICCR) as part of initiatives to enhance bilateral relations between India and Nigeria. The High Commission of India in Abuja announced the successful candidates following their examination results, highlighting the ongoing collaboration between the two nations.