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Student Loan: FG Says 20,000 Students’ Fees Paid

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Student Loan Programme

By Adedapo Adesanya

The federal government claims it has paid the tuition fees of 20,000 students directly to their institutions in the ongoing Nigerian Education Loan Fund (NELFUND) scheme.

This is according to the Managing Director and Chief Executive Officer of NELFUND, Mr Akintunde Sawyer on Thursday while speaking during a summit and sensitization programme by the National Association of Nigerian Students (NANS) in Rivers State.

According to him, the fund had paid the tuition fees of 20, 000 students in six universities, including the University of Ibadan, University of Benin, University of Maiduguri, University of Ilorin, and Bayero University, Kano.

The implementation of the student loan scheme is President Bola Tinubu’s flagship project in the education sector.

The president introduced the fund when he signed the Access to Higher Education Act, which creates a legal framework for granting loans to indigent or low-income Nigerians to facilitate the payment of their fees in Nigerian tertiary institutions.

Mr Sawyer also disclosed that as of August 22, 2024, over 280,000 students have registered for the scheme, while about 256,000 have completed the application process.

He attributed some of the delays in approving requests for the student interest-free loan to errors made by students during the registration process.

He said filing wrong documents and false information prolongs the verification process, as the agency is committed to ensuring that only eligible students benefit from the scheme.

The event, organised by the NANS National Secretariat in collaboration with NELFUND, aimed to educate students in higher institutions in the state about the loan scheme and to gather feedback from them.

NANS said it is committed to continuing sensitization efforts across higher institutions in Rivers State to encourage more students to benefit from the loan scheme.

Earlier in the month, Business Post reported that the fund said it had cleared an extra 22 state-owned tertiary institutions to apply for student loans.

The onboarding of the 22 state-owned institutions brings total number of approved state institutions to 108.

The Newly Cleared Institutions Are:

1. Abia State University, Uturu

2. College of Education, Nsugbe

3. Chukwuemeka Odumegwu Ojukwu University

4. Delta State University, Abraka.

5. Delta State Polytechnic, Otefe-Oghara, Delta State

6. Ekiti State Polytechnic, Isan-Ekiti

7. Kogi State University, Kabba, Kogi State

8. Prince Abubakar Audu University, Kogi

9. Kwara State University, Kwara

10. Kwara State College of Health Technology

11. Abdulkadir Kure University Minna

12. Ogun State College of Health Technology, Ilese-Ijebu

13. Moshood Abiola Polytechnic

14. Emmanuel Alayande University of Education, Oyo

15. The Polytechnic, Ibadan

16. The Oke Ogun Polytechnic, Saki

17. Rivers State University, Port Harcourt

18. Kenule Beeson Saro-Wiwa Polytechnic

19. Shehu Sule College of Nursing and Midwifery, Damaturu

20. College of Administration, Management andTechnology Potiskum, Yobe State

21. College of Agriculture, Science & Technology, Gujba

22. College of Education Legal Studies, Nguru

Previously Cleared Institutions Are:

1. Abia State Polytechnic

2. Adamawa State University Mubi

3. Adamawa State Polytechnic Yola

4. College of Education Afaha Nsit

5. Akwa Ibom State University

6. Akwa Ibom State Polytechnic

7. Aminu Saleh College of Education, Azare

8. Niger Delta University

9. Benue State University, Makurdi

10. Borno State University

11. College of Education, Waka-Biu

12. Mohammed Lawan College Of Agriculture

13. Ramat Polytechnic, Maiduguri

14. Cross River State University

15. Delta State Polytechnic, Ogwashi-uku

16. Delta State University of Science and Technology

17. Dennis Osadebay University, Asaba 18. University of Delta Agbor

19. Ebonyi State University, AbakalikI

20. Edo State University Uzairue.

21. Ekiti State University, Ado Ekiti

22. Bamidele Olumilua University of Edu., Sc., and Tech

23. University of Medical and Applied Sciences Enugu State

24. Gombe State University

25. Imo State University of Agriculture and Environmental Sciences Umuagwo

26. Kingsley Ozumba Mbadiwe University

27. Benjamin Uwajumogu State College of Education Ihitte Uboma

28. Imo State Polytechnic Omuma

29. Sule Lamido University Kafin Hausa, Jigawa State

30. Nuhu Bamalli Polytechnic, Zaria

31. Kaduna State College of Education Gidan Waya

32. Kaduna State University

33. Aliko Dangote University of science and Technology, Wudil

34. Yusuf Maitama Sule University

35. Katsina State Institute of Technology and Management

36. Umar Musa Yaradua University Katsina

37. Kebbi State University of Science and Technology, Aliero

38. Confluence University of Science and Technology, Kogi

39. Prince Abubakar Audu University Anyigba

40. Kwara Polytechnic, Kwara

41. Kwara State College of Education Oro

42. Lagos state university of education

43. Lagos State University of Science and Technology

44. Lagos State University

45. Isa Mustapha Agwai Polytechnic, Lafia

46. Nasarawa State University Keffi

47. Ibrahim Badamasi Babangida Uniersity Lapai

48. Niger State Polytechnic Zungeru

49. Abraham Adesanya Polytechnic

50. Olabisi Onabanjo University

51. Tai Solarin University of Education

52. Ogun State Institute of Technology, Igbesa

53. D.S Adegbenro ICT Polytechnic Itori-Ewekoro.

54. Gateway ICT Polytechnic Saapade

55. University of Medical Sciences, Ondo

56. Adekunle Ajasin University Akungba-Akoko, Ondo State

57. Government Technical College Ile-Ife 58. GTC, ARA Osun State

59. GTC, GBONGAN Osun State

60. GTC, IJEBU-JESA Osun State.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

Education

Kidnappings: FG Reopens 47 Unity Schools

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unity schools nigeria

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.

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Education

Coursera, Udemy Announce $2.5bn Merger

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Coursera and Udemy

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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Education

Luno, AltSchool Launch Crypto Education Programme for Nigerians

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Luno Safety of Funds

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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