Web Template Design Contest For N50,000 + More

Hello Everyone,

Would you call this an Industry Challenge?

http://www.ByNigerians.com/ is organizing a Web Template Design Contest for Nigerians and they are giving away N50,000 plus more.

There's more information on their website. KASPA, I hope this challenges you?

First off, I must say I like the layout of the site.

So I go to the page and see this in the header:

I then went to register, and fill in only my email address, captcha letters and agree to the terms (which don't exist, but I digress).  I click submit and get the customary "thank you page". I then go to the page of contestants and get a blank name (as I didn't enter any first or last name).

Questions:
1)Am I to trust a competition that specifies a premise (above) that they themselves aren't following?  Just curious.  This isn't a bash, just a well deserved question.

2) None of the left nav items are working. Doesn't this go to the trustworthiness of the site?  In other words, y bother putting up such a site if functionality isnt complete?