Guide to Joining NASENI and AfriLabs' ₦250m "InnovateNaija" Challenge
InnovateNaija Launch: The National Agency for Science and Engineering Infrastructure (NASENI) and AfriLabs have launched the ₦250 million InnovateNaija innovation challenge to empower young Nigerian innovators and transform local ideas into global solutions.
Competition Structure: The challenge will select 37 innovators from Nigeria's 36 states and the FCT through public voting, with each winner receiving ₦2.5 million in grants, and the top 15 competing for ₦100 million in funding at the NASENI Invention Fest in February 2026.
Support and Resources: Winners will gain access to the NASENI Innovation Hub, which offers mentorship, infrastructure, and resources to help turn innovative ideas into scalable businesses.
Youth Empowerment: The initiative aims to harness Nigeria's youthful population to drive digital transformation and innovation, showcasing the country's potential in science, engineering, and manufacturing.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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