UNICROSS students emerge second at Enactus Nigeria National Competition, Innovation Challenge

Seven students of the University of Cross River State (UNICROSS), drawn from the Departments of Mechanical Engineering, Electrical Engineering and Civil Engineering, have emerged second at the Enactus Nigeria National Competition and Julius Berger Innovation Challenge held at the Civic Centre, Victoria Island, Lagos. The national competition brought together 18 Enactus teams from 27 universities…

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Why Corporate Innovation Programs Die: Structural Blockers, Budget Traps, & Design Remedies

Why Corporate Innovation Programs Fail Structurally Innovation programs collapse when structural incentives, reporting lines, and resource ownership contradict the stated objectives of experimentation and scale. The evidence suggests firms that separate innovation from operational accountability create orphaned teams that cannot access required data, procurement channels, or production integration, which neutralizes potential ROI before piloting completes….

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Innovation vs. Operational Efficiency: Navigating the Corporate Resource-Allocation Dilemma

Balancing Innovation and Efficiency in Capital Allocation The core tension in corporate budgeting forces leaders to choose between high-return, uncertain innovation bets and predictable, margin-preserving operational investments. This choice alters long-term market position, quarterly P&L, and the ability to fund future growth through internal cash flows. Executives must translate strategic targets into allocation rules that…

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Trump signs order promoting advanced AI innovation, security

​President Donald Trump on Tuesday signed an executive order he declared would keep the United States at the forefront of Artificial Intelligence. The President noted that the action became imperative to support the enormous talent and innovation of the nation’s AI industry, and reduce “overly burdensome regulation.”  Trump said though advanced AI capabilities make America stronger, they introduce new…

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UBA unveils Innovation Hub, Business Office at UNILAG – P.M. News

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has deepened its longstanding relationship with the academic community and reaffirmed its commitment to innovation, youth empowerment, and nation-building by commissioning the UBA Innovation Hub and Business Office at the University of Lagos (UNILAG). The landmark facility was commissioned by the Group Chairman, UBA, Tony Elumelu,…

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Graphene Manufacturing Group Ltd. (GMG.V) Signs Transformational Multi-Network Media Series with New to The Street to Showcase Next-Generation Graphene and Energy Innovation

NEW YORK CITY, NY / ACCESS Newswire / April 24, 2026 / New to The Street, one of the longest-running and fastest-growing financial media brands, today announced the signing of Graphene Manufacturing Group Ltd. (“GMG”) to a multi-part, long-form television and digital media series. The agreement includes monthly network broadcasts, integrated NewsOut video press releases,…

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FirstBank, Ekiti Govt Partner to Launch Innovation Enterprise Support Fund – P.M. News

FirstBank has partnered with the Ekiti State Government to launch the Innovation Enterprise Support Fund, an initiative aimed at empowering startups, scaling tech-enabled businesses and driving innovation-led economic growth across the state. The programme will provide funding, mentorship and market access to high-potential enterprises, with a focus on strengthening Ekiti’s innovation ecosystem, creating jobs and…

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