Lagos private schools owners, US firm sign $1bn MoU on AI initiative

Lagos private schools owners, US firm sign $1bn MoU on AI initiative

A US-based multinational company, Digital Learning Network, and the National Association of Proprietors of Private Schools Lagos, on Thursday signed a Memorandum of Understanding for the implementation of the transformation of the artificial intelligence smart schools initiative for the average student in Nigeria. The MoU will facilitate the provision of educational infrastructure, the launch of one laptop per learner, and the integration of technology in learning, enhancing the capacity of […]

January 10, 2025 10

NEWS

IFC, CBN sign deal to boost local currency financing in Nigeria

The International Finance Corporation, a member of the World Bank Group and the Central Bank of Nigeria have announced an agreement to scale up local currency financing, unlocking over $1bn in investments across key sectors of the Nigerian economy. This was according to a joint press statement from the IFC and the CBN on Monday. The agreement, signed by IFC Managing Director Makhtar Diop and CBN Governor Yemi Cardoso, will […]

October 28, 2024 26

BUSINESS

FG, Nokia sign pact on youth empowerment

The Federal Government has signed a Memorandum of Understanding with Nokia Solutions and Networks Nigeria to upskill young Nigerians in the latest 4G and 5G radio and transmission technologies. The partnership aims to equip Nigerians with the necessary skills to excel in the rapidly evolving telecommunications sector, according to a statement from the Nigerian Communications Commission. The MoU was signed by the Minister of Communications, Innovation, and Digital Economy, Dr […]

May 13, 2024 7

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