Telecom
Skool Media Begins Major EduTech Revolution in Nigeria
Skool Media, an ICT solution-based Company, is now poised to change the face of education in Nigeria using technology.
The Company recently unveiled its plans to the media and partners in an attempt to redefine technology-enabled education; to transform how learning is practised and expand the range of measures in student’s achievements.
Mr. Moses Imayi, CEO/Project Director Skool Media Nig Ltd, Speaking at the October ‘Business Mixer’, said that with about 24 project locations in the six geo-political zones of Nigeria, and four projects in each zone, Skool Media has further enhanced its collaboration with other stakeholders passionate about developing Nigeria’s educational system, leveraging on ICT tools and applications.
Mr. Imayi reiterated that changing the landscape of educational space with the adoption of technology to improve and reposition average Nigerian child for competitiveness in the global space cannot be overemphasised.
He said: “Skool Media advocates for an integration of a Digital Classroom, Library Upgrade, Capacity Building and an Educational tablet as a core of academic in consonance with the 21st-century framework for learning”.
“Skool Media aims to provide infrastructural support to a range of educational institutions including digitalization of classroom, library upgrade, upgrade of laboratory & teaching software, capacity building and creation of a common room/training room”, the CEO/Project Director said.
He explained that in these schools, they have tech experience centers where students and teachers can engage in critical thinking in order to bridge the gap between among and counterparts across the world.
He further disclosed that Skool Media has developed a platform called Edufirst.ng; a digital learning platform that would address their engagements with private institutions and private schools.
In his words, “The Edufirst platform is suppose to address the gap in the educational space, part of what we are doing on the Edufirst platform is to create like a school portal management system that allows you to have good interactions, student teachers interactions, parent teachers interactions, stakeholders interactions as well.
“The platform is also useful for parents to access performance of their children in schools and then have conversations with teachers on how happy or displeased they are with their children performance.
“Under that platform we also have what we would be tagging Edufirst blog, it’s a component under the platform.
“The blog is supposed to have conversation or narratives of treads occurring in the educational system both indigenous Nigeria and globally as well.
“So the platform is quite big and it’s meant to be all encompassing to all key participants provided you are an individual that has passion for one level of education, you get access to the blog.
“If it’s based on you being a proprietress you will get access to signing up on the platform to engage with it.
“We’re also trying to develop on that platform what we call scholarship schemes.
“So the portal will also help students to be able to access on the spot scholarships with certain partnerships we’ve built.
“This is supposed to be like a support scheme Edufirst is offering to the general public”.
Also speaking at the event, Adaeze Sokan, Director of Policy and Learning at Ventures Platform explained that the Startup industry if well-funded and positioned will help grow the Nigerian economy.
According to Sokan, Nigeria is moving into ‘Startup Leadership’ era where young people with technological milieu will determine the fate of the country.
This, she emphasised, will become possible through a 21st Century education system powered by technology.
She further extolled Skool Media’s edu-tech initiatives, adding that these will change the narratives on how the educational system functions in Nigeria.
In his remarks, Mr. Charles Dungor, Partnership Implementation Manager at Skool Media, said they have made a number of efforts to define the essential knowledge, skills and dispositions needed for Nigeria’s increasingly information-driven and technologically powered societies.
This, he said, has spurred Skool media to partner or become membership of a number of organisations such as the Nigerian British Chamber of Commerce (NBCC) and Lagos State Chamber of Commerce and Industry (LCCI), to see how best they can advocate for improved quality education that will cut across Nigeria to ensure that e-learning is being adopted into the curriculum of schools.
The need for Nigeria to think outside the box in its need to drive towards global relevance with innovations and scientific developments will be on the front burner at the NITRA Innovative & Scientific Conference scheduled to hold on Thursday July 23, 2026 in Ikeja, Lagos.
NITRA
The Nigerian Communications Commission (NCC) will lead other delegates to discuss and take far-reaching decisions at the event, which has its theme as “Bridging Nigeria’s Digital Divide With Scientific Innovation”.
Other companies that have indicated interest in partnering with NITRA include mobile communications company, Tecno; Africa’s premier end-to-end AI solutions company, Hyperspace; and telecommunications data infrastructure company, Digital Realty.
Speaking on the proposed event, the Chairman, Nigeria Information Technology Reporters Association (NITRA), Chike Onwuegbuchi noted that the event will seek to create a platform for government and private organisations to deliberate on policies around scientific innovations in Nigeria, challenges, place of indigenous and foreign collaboration, roles of each stakeholder, and grassroots development in that regard, among others.
According to him: “The Federal government, with series of programmes and partnerships, has established the urgent need to create an ecosystem that thrives on scientific innovation, breeding institutions and individuals with a target of placing the country at the fore-front of Next-Gen development.
It is a known fact that digital and scientific innovations are crucial, not only to the survivability of a nation, but also to the sustainability of its growth and development, with significant effect on economic strength, global image, defense and security, government capabilities to function, and public health and safety, communication and digital footprint, among others.
The federal government is actively driving scientific innovation to foster economic diversification and build a $1 trillion economy by 2030. Efforts are heavily focused on commercializing research, establishing massive research funds, and funding strategic infrastructure, particularly in technology, biotechnology, and healthcare. Core government initiatives and policies include the newly instituted National Research and Innovation Development Fund (NRIDF), which aims to mobilize about $500 million annually to support research and the commercialization of scientific outputs; and the Nigeria Genomic City, a multi-ministerial initiative aimed at transforming Nigeria into a leading hub for genomics, precision medicine, and biotechnology. It is designed to protect indigenous data, stimulate artificial intelligence in health, and develop a highly skilled scientific workforce.
According to the General Secretary of NITRA, Mr. Chidiebere Nwankwo, the forum will also be a vehicle to propagating the views of decision makers to the public, thereby furthering the cause of public awareness and information dissemination on the topic.
The focus, he said will be on how Nigeria can sustain digital innovative growth and scientific development in Nigeria
The board of global payments company, PayPal, says a 53 billion dollars takeover offer from financial technology firm, Stripe, and private equity company, Advent International, does not adequately reflect the company’s long-term value.
PayPal
According to reports, the proposed acquisition, valued at 60.50 dollars per share, remains under consideration, with the board yet to formally respond to the offer.
The directors are said to be evaluating not only the financial value of the proposal but also the structure of the financing, the timeline for completing the transaction and the likelihood of obtaining regulatory approvals.
They are also considering the possibility of competing bids emerging.
Although the offer represents a premium of about 28 per cent above PayPal’s recent share price, the board believes the company could deliver greater value to shareholders if its ongoing turnaround strategy succeeds.
Following reports of the bid, PayPal shares gained about two per cent to close at 56.73 dollars.
Sources familiar with the discussions said Stripe and Advent have secured approximately 50 billion dollars in debt financing from JPMorgan and Morgan Stanley, while both firms would jointly contribute 17 billion dollars in equity.
Under the proposal, the two companies would jointly own PayPal instead of dividing its operations.
PayPal, Stripe, Advent International, JPMorgan and Morgan Stanley have all declined to comment on the proposed transaction.
The discussions come as PayPal seeks to strengthen its business after years of increasing competition from rivals including Apple Pay, Google Pay and emerging financial technology firms.
The company, which was valued at about 360 billion dollars in 2021, now has a market capitalisation of approximately 36 billion dollars.
Since assuming office as Chief Executive Officer in March 2026, Enrique Lores has embarked on a restructuring programme aimed at improving operational efficiency and restoring growth.
The restructuring includes the creation of three business divisions comprising Checkout, Venmo and Consumer Financial Services, and Payments and Crypto.
The company is also targeting 1.5 billion dollars in cost savings through the deployment of artificial intelligence technologies.
PayPal’s latest financial results indicated signs of recovery, with first-quarter revenue rising seven per cent year-on-year to 8.35 billion dollars, while total payment volume increased by eight per cent to 464 billion dollars.
If approved, the transaction would combine two of the world’s largest digital payments companies.
The combined business would process an estimated 3.7 trillion dollars in annual payment volume, significantly strengthening its position in the global online payments market.
However, analysts expect the proposed acquisition to face intense regulatory scrutiny because of the companies’ combined market share in merchant payment services.
To address possible antitrust concerns, the bidders have reportedly considered options, including separating PayPal’s Braintree business or other assets if required by regulators.
Sources said Stripe and Advent remain interested in pursuing the acquisition despite the board’s reservations, although negotiations are expected to continue.
Market observers are also awaiting PayPal’s earnings report scheduled for July 28 for further indications of the company’s financial recovery and future growth prospects.
Concerns over network reliability and its impact on Nigeria’s growing creator economy took centre stage at MTN Nigeria’s Data on Trial event, where content creator and streamer, Jarvis, challenged telecommunications operators to improve connectivity for digital creators.
Speaking during the event, Jarvis asked whether there were locations in Nigeria where uninterrupted internet connectivity could support real-life (IRL) streaming without network disruptions.
“Are there places where there is no breakage when streaming IRL?” she asked.
Her question highlighted the challenges faced by content creators who depend on stable internet services for live streaming, content uploads and real-time engagement with audiences.
Responding, MTN Nigeria’s Chief Technical Officer, Mr Yahaya Ibrahim, said network performance depends on several factors, including location, network coverage, device capability and the number of users connected to a particular base station.
He noted that operators continue to invest in expanding network capacity to meet the growing demand for data services.
Earlier, MTN’s General Manager, Network Performance and Quality Assurance, Mr Michael Ndukwe, explained the evolution of mobile network technology in Nigeria, from first-generation (1G) services to the current fifth-generation (5G) technology.
According to him, each phase of technological advancement has significantly increased network capacity and enabled new digital services.
Ndukwe cited Nigerian Communications Commission (NCC) data showing that Nigerians consumed about 13.2 million terabytes of data in 2025.
He added that data usage reached approximately 4.06 million terabytes in the first quarter of 2026, reflecting the country’s increasing reliance on digital platforms and online services.
According to him, the growth is being driven by wider adoption of 4G and 5G networks, increased smartphone penetration, the proliferation of smart devices and expanding use of social media platforms.
Participants at the event noted that as more Nigerians build businesses and careers around digital content, access to reliable and high-speed internet has become critical to sustaining the country’s digital economy and creator ecosystem.
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