In this year’s mPulse Spelling Bee competition, MTN Nigeria said the top 20 spellers, their teachers, and the spelling bee champion’s school will be rewarded with over ₦7 million in cash prizes, smartphones, laptops, and goody bags.
The telecom operator announced while announcing that enrollment for the 2021 mPulse Spelling Bee has begun on the mPulse website for interested nine to 15-year-olds and secondary school students nationwide to enrol in the fully digital competition, which consists of three rounds, with the finale scheduled to take place on October 20.
Once registered, contestants can use the portal’s resources to practice their spelling. MTN mPulse offers low-cost data plans as well as access to a variety of digital skill development and educational resources.
Adia So, MTN Nigeria’s chief marketing officer, stated, “the proposition reflects our commitment to enabling platforms for youth education and empowerment, as well as supporting schools, teachers, and students in our communities”.
“The mPulse Spelling Bee is designed to help students expand their vocabulary and explore the English language, which is an essential skill as they grow in life. It also allows them to practice public speaking, develop self-confidence, and engage in healthy competition. As a bonus, there are fantastic prizes to be won,” she added.
Last year, 15-year-old Snow George of Starville School in Abuja was crowned champion, with the top 20 spellers winning over ₦5 million in cash and prizes. MTN added that this year’s competition will be even bigger and better.
Recall that, MTN Nigeria Communications’ market capitalisation has fallen by ₦91.595 billion, representing 25.44% of its equity on the Nigerian Exchange Limited (NGX).
During a two-day trading session on the NGX, the yellow brand’s market capitalisation fell to ₦3.500 trillion, down from ₦3.592 trillion.
MTN entered trading on Friday with a market capitalisation of ₦3.592 trillion, but concluded trading on Monday with a market value of ₦3.500 trillion, signifying a ₦91.595 billion drop. In addition, its share price declined by ₦4.50 kobo, or 2.54%, to settle at ₦172 per share, down from ₦176.50 per share.
Over the last two days, MTN has sold 4,503,677 shares, leaving its outstanding shares at 20,354,513,050.00. MTN shares reached a high of ₦183 per share last year, while the low was ₦118 per share within the same period.