The Rainbow Prize for Literature furthers the objective of the Rainbow Book Club to promote reading for personal and national development. The annual prize of One Hundred Thousand Naira (N100,000)each, goes to the student with the best result in Literature, in Senior Secondary Schools 3 class in Kings College, Lagos, Fed. Govt. Girls’ College Abuloma, Port Harcourt and Loyola Jesuit College, Abuja. The Kings College Prize was presented to Molake Adam Ololade by Mrs Kalango on July 5th, at the school’s Prize Giving Day event. The Port Harcourt recipient, Grace Oluka Nwaji, got hers on the 27th of July at the Prize Giving ceremony of the Federal Government Girls’ College Abuloma. Pear Olaedo Opara of Loyola Jesuit College, Abuja was also presented with her award.