Launching a major tech IPO would seem risky right now, shortly after one of Nasdaq’s biggest sell-offs and amid revelations that a CEO central to the AI boom had an affair with a suspected Chinese spy. But that isn’t deterring Anthropic, which is moving ahead with its listing plans, according to The Wall Street Journal.
Anthropic plans to set a valuation range this week and begin trading on Thursday or Friday of next week, the Journal reported.
Investors will look to Anthropic’s valuation to gauge the strength of the AI boom. Some institutional investors are now pushing for a valuation below the $1.5 trillion target discussed as recently as last week, a figure that was itself considerably below the $2 trillion floated a few months ago, the report said.
OpenAI, Anthropic’s main rival, was reportedly valued at $1.25 trillion last week after the ChatGPT maker raised $11 billion in fresh capital, short of the $20 billion it had initially sought.
Leadway PFA has been named Most Outstanding PFA Brand of the Year at the 2026 Brandcom Awards, earning recognition from Nigeria’s marketing communications industry for its brand strength and standing in the pension administration sector.
The award comes as Leadway PFA continues to strengthen its position in Nigeria’s pension industry, managing over ₦3 trillion in assets for more than 1.2 million Retirement Savings Account (RSA) holders. The company draws on overtwo decades of experience in pension administration and fund management.
Commenting on the recognition, Olusakin Labeodan, MD/Chief Executive Officer of Leadway PFA, said, “The pension industry is built on a long-term trust. Every contribution represents an individual’s effort to secure a more comfortable future. As a pension administrator, we have a responsibility to protect that trust through sound fund management, quality service and meaningful engagement with our contributors.
“Being recognizedby the marketing communications industry is particularly encouraging.It reflects how our brand is perceived beyond the services we provide and reinforces the importance of building a pension brand on trust, consistency and the quality of our customer relationships. We appreciate this recognition and remain committed to improving the experience of our contributors and raising the standard of service we provide.
The recognition further reinforces Leadway PFA’s commitment to improving the contributor experience through enhanced digital pension services, responsive customer support and clearer communication on retirement planning. These efforts reflect the company’s continued focus on making pension services more accessible and helping Nigerians make informed decisions about their financial future.
The 2026 Brandcom Awards ceremony took place at the Landmark Event Centre in Lagos, following Brandcomfest, which explored the theme “Brand Building, Consumer Connection and Disruptive Realities.” Organised by Brand Communicator, the Brandcom Awards recognise brands, agencies, organisations and professionals across the marketing communications industry, with assessments centered on prestige, integrity and credibility.
Model Secondary School, Akure, Ondo State, has emerged winner of the 11th National Quiz Competition on Legislature and Democracy, organised by National Institute for Legislative and Democratic Studies (NILDS).
The News Agency of Nigeria (NAN) reports that the competition took place at NILDS headquarters on Monday in Abuja.
The school scored 75 points to defeat five others representing Nigeria’s six geo-political zones at the competition
NAN also reports that the winning team received one million naira, laptops and school bags as prizes, including scholarships for its two participating students up to university level for their outstanding performance.
Annunciation Catholic College, Irrua, Edo (South-South), came second with 60 points, winning N500,000 naira, laptops and school bags, while Government Secondary School, Kuwiri, Jos, Plateau (North-Central) came third with 50 points and received N300,000 naira, laptops and school bags.
Other participating schools included St. Patrick’s College, Awka, Anambra (South-East), Jigawa Academy for the Gifted, Bamaina, Jigawa (North-West) and Government Day Secondary School, Bojude, Gombe (North-East).
Speaking after the victory, the Team Lead, Heritage Babayode from Model Secondary School, Akure, said he felt happy and blessed, adding that the achievement rewarded the students’ hard work and diligence.
Babayode said the students regularly attended Saturday study sessions to read and practise questions in preparation for the competition.
He said it was the school’s third visit to Abuja for the competition, having finished second on its previous two appearances before finally securing first position.
Babayode thanked their teacher, Mr Simdile Edebo, for devoting time to coach them, stressing that he sometimes withdrew them from regular classes to prepare for the quiz.
In his congratulatory remarks, the Director-General of NILDS, Prof. Abubakar Sulaiman, described all participating schools as winners, irrespective of their final positions.
Sulaiman commended the students for their courage, commitment and determination to attain academic excellence, noting that their performances demonstrated impressive levels of intelligence.
“Some questions you answered today were questions that we on this side could not answer. Interestingly, the school that answered that one question correctly did not win.
“This goes to show the level of intelligence displayed here today. Therefore, you are all winners, and I congratulate every participating school,” he said.
Sulaiman also applauded the teachers for their dedication and commitment to preparing the students, describing their contributions as essential to the competition’s success.
He urged the students to sustain their enthusiasm for learning, remain diligent in their studies and continue to develop their knowledge of legislative and democratic processes.
The director-general said the competition was designed to deepen students’ understanding of legislature and democracy.(NAN) NY/WAS Edited by ‘Wale Sadeeq