Education
Education: NSE Reaffirms Commitment to Assisting Children in IDPs
By Dipo Olowookere
The Nigerian Stock Exchange (NSE) has said it would continue to ensure children across Internally Displaced Persons (IDPS0 camps receive quality education.
The nation’s stock market regulator gave this assurance on Tuesday, May 1, 2018, at the award ceremony organised by the Lagos Chamber of Commerce & Industry (LCCI) held at the Oriental Hotel, Victoria Island.
At the event, the NSE was announced winner of the 2018 award for ‘CSR in Education’.
NSE emerged the winner of this award in recognition of its education support for Internally Displaced Persons in Borno State.
Commenting on the award, the chief executive of the NSE, Mr Oscar Onyema, expressed his appreciation for the recognition and noted that the Exchange was committed to promoting quality education as a tool for development.
“Our education intervention through the donation of Maisandari Alamderi Model Nursery and Primary School in Borno State arose from our understanding that without urgent steps, the emergency the North East faces in terms of access to education will have serious implications for its future stability, and by inference that of Nigeria as well, with the human capital of upcoming generations being hugely compromised.
“We are committed to contributing our quota in ensuring that the children of the displaced families are able to continue with their basic education.”
Also speaking at the ceremony, the LCCI Director of Advocacy & Research, Dr Vincent Nwani, explained that the “objective of the annual awards is to recognise, celebrate and promote private and public institutions that have exhibited the core values of best business practices, growth through innovations, business sustainability and have positively impacted the society.”
“This award is the outcome of a painstaking selection process from numerous entries received for this award category and backed by feedback from industry/market intelligence,” Nwani added.
In 2017, in response to the insurgency in the North-East, which saw a huge number of people become displaced, thus affecting the ability of children to effectively continue with their education, the National Council of the NSE approved an education intervention fund, to assist IDPs in Borno State with access to basic education.
Through this education intervention initiative, NSE designed and financed the construction of blocks of classrooms, including the provision of furniture, fixtures, sanitary and potable water in the local community in Maiduguri.
The school, named Maisandari Alamderi Model Nursery and Primary School, was commissioned by the Borno State Governor, Mr Kashim Shettima, in October 18, 2017 and started running in November 2017.
The school currently has 210 pupils of which 89 are girls. At full capacity, the school can accommodate 310 pupils.
Additionally, NSE will provide a yearly donation towards the running of the school over a three year period to ensure its sustainability.
The school management is vested with the Bridge Academies, an international education development firm with primary focus on developing nations and Borno State Universal Basic Education Board (SUBEB).
Education
Nigerian Breweries to Empower 1,000 Lagos, Ogun, Enugu Students
By Modupe Gbadeyanka
Plans have been concluded by Nigerian Breweries to support about 1,000 Nigerian students in Lagos, Ogun, and Enugu States.
The foremost brewing company is carrying out this empowerment initiative with a leading non-profit organisation, FATE Foundation, through the Orange Corners Student Ambassadors Programme of the Netherlands.
This partnership marks a significant step in advancing youth entrepreneurship in Nigeria, equipping young people with the knowledge, skills, and opportunities needed to build sustainable businesses and contribute meaningfully to the nation’s economy.
This is because the scheme is to promote entrepreneurship and offer networking opportunities in Nigerian tertiary institutions. Ambassadors are selected from specific universities to inspire students to see entrepreneurship as a desirable career path and to foster a culture of innovation within universities.
It targets students aged 18–35 currently enrolled in tertiary institutions across Lagos, Ogun, and Enugu States.
“The partnership reinforces Nigerian Breweries’ long-standing commitment to youth empowerment and entrepreneurship development. Through initiatives like this, we are creating pathways for the next generation of entrepreneurs and business leaders in Nigeria,” the Corporate Affairs Director for Nigerian Breweries, Mr Uzodinma Odenigbo, stated.
He further highlighted the company’s track record in youth empowerment, noting that since the renewed focus on youth empowerment and entreprenuership, Nigerian Breweries has impacted 2,365 young Nigerians across 24 states and the FCT.
Also speaking on the partnership, the Executive Director of FATE Foundation, Ms Adenike Adeyemi, expressed enthusiasm about the collaboration between Nigerian Breweries and the Orange Corners Programme.
“Nigerian Breweries has been a longstanding partner with Orange Corners Nigeria in many ways. We are delighted to have the company continue to support the Orange Corners Programme and elated that this commitment will reach an additional 1000 young Nigerians leveraging the proven Orange Corners Student Ambassadors framework,” she said.
Ms Adeyemi outlined FATE Foundation’s role to include designing and delivering the training curriculum, managing student registration and participation, maintaining accurate records of all beneficiaries, and coordinating all logistical and technical aspects to ensure successful programme delivery.
Education
Kidnappings: FG Reopens 47 Unity Schools
By Adedapo Adesanya
The federal government has announced the reopening of the 47 unity schools earlier shut down due to security concerns on November 21.
This was disclosed in a statement by the Federal Ministry of Education on Thursday.
It said that the decision to reopen the affected colleges across the country reaffirmed its unwavering commitment to safeguarding students and ensuring the continuity of education.
On November 18, 2025, over 20 schoolgirls were kidnapped by unidentified armed men from the Government Girls Comprehensive Secondary School in Maga, Kebbi state.
Just three days later, on November 21, about 303 students and 12 teachers were kidnapped at St. Mary’s Catholic Primary and Secondary School in Papiri, Niger state.
In response, the federal government shut down 47 Federal Unity Colleges, and some states including Katsina, Taraba, and Niger also closed schools or restricted school activities, particularly boarding institutions.
Rights group including Human Rights Watch lamented that while these measures were aimed at protecting students, they disrupted learning for thousands of children, denied them access to education, and the social and psychological support schools provide.
FULL LIST OF AFFECTED UNITY COLLEGES
North-West:
FGGC Minjibir, FTC Ganduje, FGGC Zaria, FTC Kafanchan, FGGC Bakori, FTC Dayi, FGC Daura, FGGC Tambuwal, FSC Sokoto, FTC Wurno, FGC Gusau, FGC Anka, FGGC Gwandu, FGC Birnin Yauri, FTC Zuru, FGGC Kazaure, FGC Kiyawa, FTC Hadejia.
North-East:
FGGC Potiskum, FGC Buni Yadi, FTC Gashua, FTC Michika, FGC Ganye, FGC Azare, FTC Misau, FGGC Bajoga, FGC Billiri, FTC Zambuk.
North-Central:
FGGC Bida, FGC New-Bussa, FTC Kuta-Shiroro, FGA Suleja, FGC Ilorin, FGGC Omu-Aran, FTC Gwanara, FGC Ugwolawo, FGGC Kabba, FGGC Bwari, FGC Rubochi, FGGC Abaji.
South-West:
FTC Ikare Akoko, FTC Ijebu-Imusin, FTC Ushi-Ekiti, FTC Ogugu.
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.
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