Education
GTBank Launches #BeatTheDistance Campaign to Boost Education in Rural Communities
As the country marks the 2019 Children’s Day, leading Nigerian Bank, Guaranty Trust Bank Plc (GTBank) has launched a nationwide initiative, tagged #BeatTheDistance, to improve educational outcomes for children in rural communities by easing the difficulties they face with mobility to school and back. Through the initiative, the Bank is providing students in remote parts of the country with bicycles to reduce the time and energy they expend in getting to school whilst helping to boost their attendance and focus on academics.
One of the biggest barriers to education for millions of children in Nigeria’s rural communities is often the physical act of getting to school, which could be as far as 10 kilometers away from home. The challenge of covering such a distance twice every day on foot, coupled with the responsibility of doing chores in the morning, significantly curtails school attendance rate increases the chances of students dropping out, and hampers academic performance. By providing them with bicycles, the Bank aims to empower the children most affected by these challenges beat the distance, not just to school, but between their present realities and immense potential.
Organized as part of the GTBank CSR Action for Rural Empowerment Scheme (GTBank CARES), the initial stage of the #BeatTheDistance initiative will focus on children in 20 rural communities across the Taraba, Enugu and Ondo States.
Jerry Hannatu, a student of Government Technical Training School, Jalingo, is one of the first beneficiaries of the initiative. Before receiving the bicycle from GTBank, he had to trek for an hour and a half to get to school. Now, his 10-kilometer journey to school takes him about a quarter of that time. Jerry and other beneficiaries like him will now be able to spend less time traveling to school and more time in the classroom improving their academic performance and attaining the skills and knowledge to reach their full potential.
Commenting on the Bank’s #BeatTheDistance initiative, the Managing Director and Chief Executive Officer of Guaranty Trust Bank plc, Mr Segun Agbaje, said; “Children are our greatest hope for a better future, and it is our duty to ensure that every child has access to quality education regardless of their socioeconomic background or geographic location.As an institution that is passionate about empowering young people to reach their full potential, this initiative reflects our commitment to building a society where distance is no longer a barrier to education for any child, and in every community.”
He further stated that “At GTBank, we will continue to leverage our unique capabilities and broad networks to help people and communities thrive. Whether we are intervening in public education, investing in underserved communities, promoting the Arts or working to protect the environment, we are constantly looking for creative and impactful ways to touch lives and give back to society.”
GTBank is regarded by industry watchers as one of the best run African financial institutions across its subsidiary countries and serves as a role model within the financial service industry due to its bias for world-class corporate governance standards, excellent service quality, and innovation.
The Bank, through its clearly defined Corporate Social Responsibility, champions education for all, empowers under-served people and communities expand access to healthcare, promotes African Art and advocates for environmental protection. In 2018 alone, the Bank carried out more than one hundred CSR projects across the 36 states and Federal Capital Territory of Nigeria, impacting the lives of hundreds of thousands of people and supporting some of the most underserved communities in the country.
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.
Education
Luno, AltSchool Launch Crypto Education Programme for Nigerians
By Adedapo Adesanya
Global cryptocurrency platform, Luno and AltSchool Africa, an accredited online learning platform, have announced a strategic partnership aimed at demystifiing crypto to 15,000 Nigerians.
The initiative at that scale makes it Africa’s largest crypto education programme.
According to a joint statement on Wednesday, this is a significant step in Luno’s continued efforts to strengthen trust in digital assets and support safer participation in the digital economy.
This is hinged on Africa’s fast-growing digital finance landscape where 33 per cent of the country’s population already engage with digital assets, and a rapidly growing youth population are eager to participate in the digital economy.
According to the statement, the partnership aims to bridge the knowledge gap by providing structured, practical, and safe crypto education.
This will be done by combining Luno’s experience in promoting safe crypto participation with AltSchool Africa’s capability in delivering accessible digital skills training.
“The course directly addresses the misinformation and financial risks associated with unregulated digital assets, while demonstrating real-world applications tailored to African contexts,” the joint statement added.
The initiative will be implemented in three cohorts of 5,000 learners each. Applications for Cohort 1 will be open from January to February 2026, with the course commencing in March 2026. Cohort 2 participants will gain access to the course in July 2026, while Cohort 3 participants will begin the programme in November 2026.
The programme will be led by Web3 expert Mr Abdulsamad Tiamiyu, who will provide a practical, Africa-focused introduction to cryptocurrency, showing how it can be used for saving, remittances, global trading, and entrepreneurship.
The curriculum consists of five core modules and is designed to be completed within three to four weeks.
Learners benefit from up to one year of access to all course materials, including online, self-paced video lessons, slides, quizzes, and case studies. The course combines theory with hands-on experience, where learners interact with wallets, exchanges, stablecoins, and research tools like CoinGecko and Etherscan.
According to the organisers, this approach gives learners the tools to confidently use digital currencies in everyday financial activities. Successful learners, upon passing the assessments, earn an AltSchool Africa Certificate of Completion.
Speaking on the partnership, Mr Ayotunde Alabi, CEO of Luno Nigeria, said: “This initiative is a crucial intervention in Africa’s digital ecosystem. As crypto adoption accelerates, formal literacy must grow alongside it, so individuals can benefit safely and meaningfully,”
“Our partnership with AltSchool Africa is a deliberate step toward that goal and a foundational investment in the integrity of the industry. By delivering structured, high-quality education, Luno is helping ensure that Africans can participate confidently, securely, and sustainably – turning what is often seen as risk into real economic opportunity,” he added.
Adding his input, Mr Adewale Yusuf, Co-founder and CEO of AltSchool Africa, said “This partnership between AltSchool and Luno is a major step toward financial education that truly serves Africans and helps people gain the knowledge and tools they need to understand crypto with confidence and use it in practical, life-changing ways.”
The programme is open to Nigerian residents aged 18 and above who are able to commit to completing it within four weeks. Applicants must have a Luno account or create one before enrolling.
Starting January, Interested participants are encouraged to submit application through the AltSchool Africa portal, with scholarship decisions communicated within one week.
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