Education
Coursera, Udemy Announce $2.5bn Merger
By Adedapo Adesanya
Online learning platforms, Coursera and Udemy, have reached an agreement to merge in an all-stock transaction, with the combined company’s implied equity value estimated at approximately $2.5 billion.
The agreement, unanimously approved by both companies’ boards of directors, stipulates that Udemy shareholders will receive 0.8 shares of Coursera common stock for each Udemy share held.
Upon completion of the merger, Coursera shareholders are expected to own about 59 per cent and Udemy shareholders approximately 41 per cent of the new entity on a fully diluted basis.
The combined company will continue under the Coursera name, and maintain its headquarters in Mountain View, California.
Coursera, founded in 2012 by Mr Andrew Ng and Ms Daphne Koller, is an online learning platform with 191 million registered users as of September 30, 2025. It collaborates with over 375 universities and industry partners to offer courses, specialisations, professional certificates, and degrees.
The platform includes features such as generative AI (gen AI) tools (Coach, Role Play, Course Builder) and role-based solutions (Skills Tracks) to support scalable and personalised learning. Coursera is used by institutions for workforce development in fields such as gen AI, data science, technology, and business.
Udemy is a platform that provides on-demand, multi-language courses to help companies and individuals develop technical, business, and soft skills. It uses AI to offer personalised learning experiences and supports workforce development in a changing workplace.
Mr Greg Hart, currently CEO of Coursera, is set to lead the enlarged organisation as CEO after the merger.
The board will consist of nine members. Six from Coursera’s board, including chairman Mr Ng and CEO Mr Hart, and three from Udemy’s board.
“We’re at a pivotal moment in which AI is rapidly redefining the skills required for every job across every industry.
“Organisations and individuals around the world need a platform that is as agile as the new and emerging skills learners must master,” Mr Hart said.
The combination is said to create a complete ecosystem of top instructors supported by AI tools, data-driven insights, and broader distribution, enabling more engaging, personalised, and dynamic learning at scale.
Projected operational efficiencies include anticipated annual run-rate cost synergies of $115m within two years after closing.
Udemy CEO, Mr Hugo Sarrazin said: “For more than 15 years, Udemy has helped millions of people master in-demand skills at the speed of innovation.
“Through this combination with Coursera, we will create meaningful benefits for our learners, enterprise customers, and instructors, while delivering significant value to our shareholders, who will participate in the substantial upside potential of the combined company.”
The merger is anticipated to close in the second half of 2026, pending regulatory clearances, approval by both companies’ shareholders, and other customary closing conditions.
Education
Ex-UNILAG VC Prof Ogundipe Chairs NUC
By Modupe Gbadeyanka
A former Vice-Chancellor of the University of Lagos (UNILAG), Prof Oluwatoyin Temitayo Ogundipe, has been appointed as the chairman of the governing board of the National Universities Commission (NUC).
He was chosen for the role by President Bola Tinubu, according to a statement on Monday by the president’s Special Adviser on Information and Strategy, Mr Bayo Onanuga.
Prof Ogundipe succeeds Professor Olufemi Raphael Aina, who resigned his appointment after less than one year in office.
President Tinubu appointed Professor Aina in July last year, and the board members were inaugurated in November 2025.
As NUC Chairman, Prof Ogundipe will oversee the regulatory body of the Nigerian university system, focusing on funding, global competitiveness and academic stability.
He is expected to provide visionary leadership at the NUC and sustain the credibility of the Nigerian university system by advancing quality, access, and integrity in the education sector.
Prof Ogundipe headed the University of Lagos between 2017 and 2022. He is a professor of Botany with expertise in molecular plant taxonomy, biosystematics, ethnobotany, cytogenetics, forensic botany, and ecological conservation.
He holds a PhD in Botany from Obafemi Awolowo University and an MBA from the University of Lagos.
Currently, Prof Ogundipe, 66, serves as Pro-Chancellor of Redeemer’s University, Ede, Osun State.
He is a fellow of several professional bodies, including the Nigerian Academy of Science, the Linnaean Society of London, and the Royal Society of Biology, London. He has also served as President of the Botanical Society of Nigeria and Chairman of the Lagos State Science, Research and Innovation Council (LASRIC).
Education
Opay, Dolly Children Foundation Donate Facility to Ogun Secondary School
By Aduragbemi Omiyale
To improve sanitation and enhance the learning environment for students at Ebenezer Grammar School, Iberekodo, Abeokuta, Ogun State, a four-unit toilet facility has been built by OPay Digital Services Limited (OPay) in partnership with Dolly Children Foundation (DCF).
The project was commissioned on Thursday, June 18, 2026. It is expected to provide a safe and hygienic environment for the students and contribute to improved health outcomes.
It will also benefit hundreds of students by promoting healthier hygiene practices, reducing sanitation-related challenges, and creating a safer and more conducive environment for learning.
The OPay Clean Future Project aligns with broader national and global efforts to advance sustainable development, environmental protection, quality education, and community well-being. It further reflects OPay’s commitment to creating value beyond financial services through impactful corporate social responsibility initiatives while reinforcing Dolly Children Foundation’s mission of empowering children and strengthening underserved communities through sustainable development programmes.
At the commissioning, students were also given some educational and hygiene materials, while outstanding learners were recognised with school bags, sandals, and other learning resources in celebration of their academic excellence and exemplary conduct, underscoring the importance of supporting education while rewarding positive values and achievement.
“Education is the foundation of a brighter future, yet many children still face barriers to quality learning. Through the OPay Clean Future Project, we are improving sanitation, supporting education, and ensuring more students have the opportunity to learn in a safe and dignified environment,” the CSR Manager for OPay Digital Services Limited, Mr Itoro Udo, said.
Also, the Executive Director of Dolly Children Foundation, Adedolapo Osuntuyi, said, “Every child deserves access to a safe, healthy, and supportive learning environment. This project addresses a critical sanitation need while promoting environmental responsibility and helping students reach their full potential.”
Education
InterswitchSPAK Concludes National Pre-Qualifying Exams for Season 8
By Modupe Gbadeyanka
The national pre-qualifying examinations for the eighth season of the prestigious InterswitchSPAK have been concluded.
The exercise kicked off on Tuesday, June 9, 2026, and ended on Tuesday, June 16, 2026, with over 21,000 students participating, representing a 19.7 per cent increase compared with the over 18,000 registrations recorded in Season 7, underscoring continued nationwide growth and interest in the competition.
The competition is organised by Interswitch, Africa’s leading technology company focused on creating solutions that enable individuals and communities to prosper.
InterswitchSPAK was designed to identify and nurture exceptional Science, Technology, Engineering and Mathematics (STEM) talents at the secondary school level.
The national pre-qualifying examinations marked the first stage of a rigorous selection process designed to identify the brightest young minds in STEM across the country. Successful candidates will progress through subsequent stages of the competition, culminating in a televised grand finale where finalists compete for scholarships and prizes worth over N40 million.
This year’s registration process also introduced an expanded access model, allowing parents and guardians to register their wards directly, alongside the traditional school-based registration approach. This enhancement contributed to broader participation and reinforced Interswitch’s commitment to creating inclusive access to educational opportunities for talented students nationwide.
Over the past seven seasons, InterswitchSPAK has continued to deliver impact through scholarships, mentorship, and national recognition for outstanding students, while consistently promoting educational equity and excellence in STEM education.
The overall winner of Season 8 will receive a N15 million tertiary scholarship, including monthly stipends. The first runner-up will receive a N10 million scholarship, inclusive of monthly stipends, while the second runner-up will be awarded a N5 million scholarship, also including monthly stipends. All scholarships are payable over five years. In addition, all nine finalists will receive brand-new laptops and other exciting prizes.
Beyond the top prizes, Season 8 introduces enhanced rewards for finalists placed 4th to 9th, alongside increased recognition for the teachers of students who finish in the top nine. The expanded reward structure further underscores Interswitch’s commitment to celebrating academic excellence and recognising the vital role educators play in nurturing future STEM leaders.
Commenting on the continued growth and participation in the initiative, the Executive Vice President for Group Marketing and Communications at Interswitch, Ms Cherry Eromosele, said, “The remarkable increase in registrations for Season 8 reflects the growing enthusiasm among young Nigerians for STEM education and innovation. We are encouraged by the confidence students, parents, teachers, and schools continue to place in InterswitchSPAK as a platform for academic excellence and opportunity.”
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