General News
Unesco, Nokia to Use Mobile Technology to Improve Education in Nigeria
Mobile phones can soon be used to help teachers improve English language literacy skills among primary school students in Nigeria. The project is being launched by UNESCO and Nokia, with support from the British Council and the National Teachers’ Institute of Nigeria.
Participating teachers will sign up for a mobile service called “English Teacher”, which sends teachers educational content and messages with pedagogical advice once a day.
The messages are organized into thematic modules and include images and exercises. The service runs on the popular Nokia Life+ platform and is one of the first attempts to employ mobile technology to improve tools for primary school teachers.
On May 2 and 3, UNESCO and Nokia will host a training seminar with teachers from almost 50 different schools in the Federal Capital Territory (FCT) of Nigeria, where the project is being piloted.
”English Teacher” leverages a technology that is already owned and used by a majority of Nigerian educators. Over 90 percent of Nigerians have access to a mobile network, and mobile phones are fast becoming a major gateway to the internet. This means that the service is available to most people, including teachers in difficult areas such as the northern states, where educational needs are most urgent.
“Our aim from the beginning was to develop a service that teachers working in difficult conditions and without a great deal of support could access quickly,” said Steven Vosloo, the project coordinator for UNESCO.
“Mobile technology is a promising avenue and, in some instances, the only option in terms of technology.”
“English Teacher” is available to anyone in Nigeria without a subscription fee. It is hosted on the popular Nokia Life+ platform, which offers an extensive menu of content and covers topics as diverse as education, health, agriculture, and entrepreneurship.
When teachers sign up for the service they receive daily messages designed to improve and support their instruction.
The content was developed by the British Council and draws on the organization’s 75 years of experience building resources for English language teachers.
Thematically-organized and sequential modules, generally broken across one or two week periods, promote strategies to encourage learner independence, cultivate different learning preferences, and prompt educators to reflect on their teaching practice, while providing links to relevant outside resources. The programme runs for 72 weeks and begins whenever a user signs up for the service.
“We are delighted to partner with UNESCO in launching the ‘English Teacher’ service and provide high-quality professional development services to primary grade English teachers across Nigeria,” said Jawahar Kanjilal, VP and Global Head of Nokia Life.
“English teachers using the service will benefit from the rich learning experiences presented in an engaging manner through the Nokia Life+ web app.”
The mobile technology project in Nigeria reflects UNESCO and Nokia’s commitment to enlist technology in the global effort to promote literacy and equitable access to education.
The educational challenges facing Nigeria are daunting. Some 42 percent, or roughly 10.5 million primary age children, are out-of-school, and those girls and boys who do attend are struggling to learn basic literacy and numeracy. This has resulted in one of the highest adult illiteracy rates in the world.
“We’re in Nigeria because this is where we are most urgently needed,” said Mark West, a UNESCO project officer involved in the training in Abuja. He added: “While it would be nice to offer in-person training to teachers, there are 575,000 primary school teachers in the country and more are needed to achieve universal primary education. We need to enlist all tools at our disposal to confront serious educational challenges and this absolutely includes technology.
Because a majority of Nigerian teachers own or have access to a mobile device, an educational service that utilizes these devices has the potential to reach not just thousands but tens of thousands of teachers. This wasn’t possible before. The rapid uptake of mobile technology in Africa has made it realistic to reach teachers who were, practically speaking, unreachable just a few years ago. It is exciting work, and we hope the project provides a model others borrow, emulate and improve upon.”
General News
Dangote Refinery’s Private Placement Reportedly Hits $2.5Bn

Dangote Petroleum Refinery is reportedly nearing completion of a $2.5 billion private placement that values the company at about $40 billion ahead of its planned public listing.

Private placement is the direct sale of company shares or bonds to pre-selected investors instead of the general public and it is used to raise money quickly while avoiding strict public reporting rules.
People familiar with the transaction said investors acquired as much as 6 per cent of the refinery, according to a BusinessDay report.
The reported terms would value the business at approximately $40 billion.
Neither Dangote Group nor the refinery has publicly announced the final amount raised, the identities of most subscribers or the precise percentage sold.
The figures should therefore be treated as transaction details supplied by unnamed sources rather than confirmed company disclosures.
The reported $2.5 billion total is nevertheless significant as it indicates strong demand for exposure to a privately controlled refinery that has rapidly become central to Nigeria’s fuel supply and an increasingly important exporter of petroleum products.
The placement was said to have attracted more demand than the available shares, allowing the company to secure substantially more than the amount initially associated with the fundraising exercise.
Femi Otedola, chairman, First HoldCo, is the only major participant publicly identified in the report.
He reportedly committed $100 million to the transaction and sold his investment in Geregu Power Plc to finance the acquisition.
Nigeria’s pension industry was also reportedly cleared to participate.
Access to more than $17 billion in retirement assets would broaden the refinery’s potential investor base beyond wealthy individuals and conventional institutional buyers.
Participation by Pension Fund Administrators would, however, require careful attention to valuation, liquidity and portfolio-concentration limits.
Retirement funds must balance the attraction of a large Nigerian industrial asset against their responsibility to protect contributors’ savings.
The implied $40 billion valuation represents investor expectations about the refinery’s future earnings rather than only the physical cost of constructing the facility.
Its ability to process 650,000 barrels of crude daily gives it a central role in supplying Nigeria and other markets, but its commercial performance remains connected to crude availability, product prices, exchange rates and regulation.
The refinery has struggled to obtain all the Nigerian crude it requires under the government’s naira-for-crude arrangement.
It has consequently purchased some feedstock internationally and recently moved local petroleum-product pricing into dollars to align sales revenue more closely with its foreign-currency expenses.
Those constraints will be important during any public offering.
Prospective shareholders will want greater clarity on crude-supply contracts, debt, operating margins, export revenue and the company’s relationship with Nigerian regulators.
It is also unclear whether the private placement involved newly issued shares, a sale by existing owners or a combination of both.
That distinction determines whether the reported $2.5 billion becomes fresh capital for the refinery or proceeds received by selling shareholders.
The transaction could provide a useful price reference for the planned initial public offering.
General News
FG, UNODC Plan National Strategy against Organized Crime

Federal government will next month launch Nigeria’s first national organized crime strategy to strengthen the country’s response to terrorism, cybercrime, human and drug trafficking, kidnapping, illicit financial flows, and other forms of organized crime.

Major General Adamu Laka, national coordinator of the National Counter Terrorism Centre under the Office of the National Security Adviser, disclosed this in Abuja during the validation of the strategy document.
He said the strategy provides a coordinated national framework for tackling organized crime through improved intelligence sharing, stronger collaboration among security agencies, and closer cooperation with the criminal justice system, civil society organizations, and international partners.
Major General Laka explained that the document was developed through a partnership involving the Federal Government, the United Nations Office on Drugs and Crime (UNODC), the United States Government, and other stakeholders.
Speaking at the event, Cheikh Toure, UNODC representative, said the strategy would strengthen Nigeria’s capacity to combat transnational crimes, including drug trafficking, cybercrime, human trafficking, kidnapping, and illicit financial flows.
Also speaking, Douglas Grane, acting director of the United States Department of State’s Bureau of International Narcotics and Law Enforcement Affairs, reaffirmed the U.S. government’s support for Nigeria’s efforts to tackle organized crime through stronger inter-agency and international cooperation.
Representatives of the National Institute for Strategic Studies, the Nigeria Financial Intelligence Unit, and the National Cyber Security Centre also endorsed the initiative, describing it as a major step towards improving Nigeria’s fight against organized crime.
General News
Foundations Launch Youth Entrepreneurship Incubation Programme

FATE Foundation, with funding from the Citi Foundation, has launched the Youth Entrepreneurship Incubation Programme to equip young people in Nigeria with financial literacy and entrepreneurship skills.

Delivered through free, safe, and accessible platforms, the programme supports the incubation and scaling of youth-led enterprises, enabling income generation and job creation.
In October 2025, FATE Foundation was selected as a recipient of Citi Foundation’s 2025 Global Innovation Challenge to Accelerate Youth Employability. Joining the cohort of 50 organisations globally, the Foundation will receive $500,000 over two years to advance its youth employability initiative.
“We are excited to be selected for Citi Foundation’s 2025 Global Innovation Challenge,” said Ayomide Akindolie-Igwe, Executive Director of FATE Foundation.
“This support enables us to equip young entrepreneurs in Nigeria with the financial literacy and skills needed to build and scale sustainable businesses.”
The programme addresses youth employability by tackling Africa’s growing jobs crisis. By 2030, the African continent will be home to 40% of the world’s youth, and with one in three under 35 already unemployed, this initiative will support Nigerian youth with a two-phase approach. It begins with financial literacy training before progressing to entrepreneurship development, incubation support, and access to tools needed to build viable, job-creating businesses.
“Through this innovative initiative, FATE Foundation is supporting low-income Nigerian youth to develop essential financial and entrepreneurial skills using accessible platforms.
“This support is not just helping individuals to succeed; it is building a solid foundation for sustainable enterprises that will drive job creation and contribute significantly to our nation’s economic vitality. This initiative is empowering and investing in the future of Nigeria, one youth at a time,” said Nneka Enwereji, MD/CEO Citibank Nigeria Limited.
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