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NERDC To Introduce Financial Education In Schools

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By Modupe Gbadeyanka

The Nigeria Education Research and Development Council (NERDC) has disclosed that it would soon introduce financial education into basic and senior secondary education curricula in Nigeria.

This, it explained, would be done in collaboration with the Central Bank of Nigeria (CBN) and other agencies having links with the financial sector.

NERDC explained further that some of the key areas of focus for inclusion are money, savings, credit, insurance, deposit insurance, capital market, pension, planning and budgeting, financial landscape and entrepreneurship.

Addressing a press conference on the sideline of a workshop, Executive Secretary of NERDC, Professor Ismail Junaidu, disclosed that the idea was motivated by the need to address consumers’ lack of knowledge and skills that would enable them understand financial concepts and manage their personal financial matters to enhance their economic wellbeing.

He said the curriculum, which is very innovative, “comprises different themes namely: Money, savings, credit, insurance, deposit insurance, capital market, pension, planning and budgeting, financial landscape and entrepreneurship.”

Each of the themes, the NERDC boss said, “contains different concepts, contents, activities, learning resources and evaluation guides that are sequenced and graduated for effective implementation and learning outcomes in the different lessons, classrooms and schools.”

Director at NERDC, Professor Kate Nwofo, also said at the occasion that this project is going to be very beneficial.

“You know before now we have curriculum in Business, Accounting, Commerce etc, but we needed to improve on what we already have so that the students will have better access to information.

“For instance, inside the Business Studies, we have found some deficiencies. As an entrepreneur, you need to know how to get access to credit and loans because your savings alone cannot meet all your needs, so we have developed that and we are infusing those aspects into the curriculum to make sure that an entrepreneur has enough information to be able to prepare a budget, create a business plan, source for funding and be able to manage a business without much challenges,” Prof Nwofo stated.

The CBN, on its part, noted that the financial education initiative is being executed through a multi stakeholder approach as the project is taking place under the auspices of the financial systems regulators such as the CBN, Nigeria Deposit Insurance Corporation, Securities and Exchange Commission, National Pension Commission, National Insurance Commission, etc.

Also addressing newsmen at the briefing, Head of the Consumer Protection Department of the CBN, Mrs Umma Dutse, stressed that, “Financial education is not what one individual or organisation can do.”

She added that, “The framework has taken a multi-stakeholder approach, so all hands must be on deck for us to achieve all our goals and objectives. I am happy to say that with all the commitments we have seen from all stakeholders, the NGOs, and development partners, I am very sure that at the end of the day, Nigeria is going to be a reference point once this curriculum is developed.”

This project, Mrs Dutse said, is funded by the participating stakeholders and there is fund set aside for this project until its logical conclusion.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

Education

International Scholars to Chronicle Life of Nigerian Historian Kenneth Dike

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Emmanuella Agayapong Jy’Quan Stewart

By Adedapo Adesanya

The duo of Emmanuella Agayapong, an industrial economics expert from Accra, Ghana, and Jy’Quan Stewart, an American writer and historian, are co-authoring a new biography titled The Biography of Kenneth Dike: Nigerian Pioneer in a rare cross-continental collaboration effort.

This forthcoming work aims to illuminate the life and legacy of Kenneth Onwuka Dike, a seminal figure in African historiography and Nigeria’s first indigenous Vice-Chancellor.

Kenneth Onwuka Dike (1917–1983) was instrumental in redefining African historical studies. He championed the decolonization of African history, emphasizing the importance of indigenous perspectives and oral traditions in historical research.

Dike’s tenure as the first Nigerian Vice-Chancellor of the University of Ibadan marked a significant milestone in the nation’s academic development.

His efforts led to the establishment of the Nigerian National Archives and the Historical Society of Nigeria, institutions crucial for preserving the continent’s rich heritage.

The biography will delve into Dike’s early life in Awka, Nigeria, his academic pursuits across institutions like Fourah Bay College and the University of Aberdeen, and his pivotal role in promoting African leadership in scholarly works.

By chronicling his journey, the authors aim to shed light on Dike’s enduring impact on African historiography and higher education.

Emmanuella Agayapong brings a unique analytical perspective to the project, intertwining her expertise in industrial economics with a deep-seated passion for history and economic development. Jy’Quan Stewart, known for his dedication to uncovering unsung stories, contributes his extensive experience in historical research and advocacy.

Their partnership exemplifies an innovative approach to self-publishing, aiming to reach a global audience and inspire future generations.

This collaboration not only honors Kenneth Dike’s legacy but also sets a new precedent for international literary partnerships. By combining diverse perspectives and expertise, Agayapong and Stewart are poised to offer readers a comprehensive and insightful narrative of a man who reshaped the understanding of African history.

Emmanuella Agayapong is an industrial economics expert based in Accra, Ghana. With a passion for history and economic development, she brings a unique analytical perspective to the book.

Jy’Quan Stewart is an American writer and historian dedicated to uncovering unsung stories. His experience in historical research and advocacy makes him a vital voice in documenting Kenneth Dike’s legacy.

Together, Agayapong and Stewart are breaking new ground in self-publishing, demonstrating the power of international collaboration in historical literature.

Kenneth Dike

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Education

Hydrogen Donates to Ikosi High School Lagos

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Hydrogen Payment Services Company Ikosi High School

By Modupe Gbadeyanka

A company fostering financial and technological inclusion, Hydrogen Payment Services Company Limited, has donated some items to Ikosi Senior High School, Ketu, Lagos.

The company partnered with the Lagos State Ministry of Education, Education District II to provide a 5KVA solar-powered inverter system to the school.

In addition, the school had its water outlet area renovated to improving both its aesthetics and hygiene in line with Hydrogen’s commitment to enhancing learning environments.

Further, it donated some textbooks to the school library, ensuring they have the academic resources needed for a well-rounded education.

Also, the firm invested in the future of the students by equipping them with essential digital skills to thrive in a rapidly evolving world.

Through expert-led, interactive sessions, students were introduced to key tech-driven career paths, including Cybersecurity, Data Analytics, Software Development, Payment Technology, Product Management and Design, Sales and Business Development, Customer Experience, Digital Marketing, and Project Management.

According to Hydrogen, this comprehensive initiative reinforces its commitment to bridge the digital divide, fostering financial and technological inclusion, and preparing the next generation for the future of work, calling on all stakeholders to join in igniting potential, fostering financial and technological inclusion, and shaping the future of Africa’s digital economy.

It stated that by merging sustainability with digital education and academic support, it is ensuring students not only have access to reliable infrastructure and learning materials but also the knowledge and skills to navigate the global digital economy.

“At Hydrogen, we believe sustainability is about more than just environmental responsibility, but about investing in people, communities, and the future we are building together.

“This initiative is a comprehensive investment in young minds, ensuring they have both the resources and the skills to lead Africa’s digital transformation,” the Business Head for Payment Switching and Processing at Hydrogen, Fiyinfoluwa Olorunsola, said.

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Education

GOMYCODE Offers Master’s Degree in Software Engineering in Nigeria

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GOMYCODE Woolf University

By Aduragbemi Omiyale

A leading technology education provider, GOMYCODE, has partnered with a global collegiate higher education institution, Woolf University, to offer a Master of Science in Computer Science with a Specialization in Software Engineering.

This provides an opportunity for aspiring and established tech professionals in Nigeria to hone their skills at GOMYCODE, with a globally recognised certificate to show for it.

The institution disclosed that the program’s online and flexible structure caters to the demands of working professionals, enabling them to balance their studies with existing commitments.

Students will benefit from Woolf University’s rigorous academic standards and GOMYCODE’s practical, industry-relevant approach to learning.

This is because the Master’s program is designed to empower busy professionals and ambitious individuals with advanced skills and qualifications, opening doors to global job opportunities and facilitating potential emigration for those seeking international careers.

This Master of Science in Computer Science with Specialization in Software Engineering program is ideal for tech professionals seeking to enhance their qualifications, individuals aiming for global job opportunities, those considering emigration and requiring advanced degrees, and ambitious individuals looking to accelerate their career growth.

“In today’s competitive tech landscape, advanced degrees are increasingly essential. This partnership allows us to provide a flexible, world-class education that empowers our students to achieve their career aspirations, whether they seek to excel locally or on a global stage,” the co-founder of GOMYCODE, Yahya Bouhlel, stated.

Also commenting, the Head of Strategy and Growth at Woolf University, Naveen Jangir, said, “Our mission is to democratize education, and this partnership aligns perfectly with our goal of providing accessible, accredited degrees to learners worldwide. We believe this program will equip Nigerian tech professionals with the skills and credentials they need to thrive in the global economy.”

On his part, the Country Head of GOMYCODE in Nigeria, Mr Babatunde Olaifa, said, “By offering a globally recognized Master’s degree, we are empowering our professionals to compete on a global scale, giving people an opportunity to level up their careers, and to open doors that they previously thought were closed. We are very excited to see the impact that this program will have on the lives of our students and the broader Nigerian tech community.”

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