Nigerian bursars go to Ghana to study how its universities generate revenues

By Moyosore Salami The Association of Bursars of Nigerian Universities (ABNU) said some of it members have been sent to understudy Ghana’s universities’ revenue generation formula. The association’s national chairman, Victor Imagbe, disclosed this in an interview with journalists on the sidelines of its ongoing Annual Conference and Award in Abuja. “We have sent delegation to Ghana to understudy the revenue generation in their universities system. We need to collaborate to ensure that we have world-class universities. We have also been collaborating with universities outside the country,” he stated. He…

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CBN offers new loans to graduates, undergraduates to curb unemployment

By Opeyemi Babalola As part of its policy measures to address rising youth unemployment and underemployment in the country, the Central Bank of Nigeria (CBN) has announced new loans for university and polytechnic graduates who are willing to set up businesses.The bank revealed that the credit will be implemented under its Tertiary Institutions Entrepreneurship Scheme (TIES).The bank said the scheme aimed to provide an innovative financing model that will boost job creation, enhance entrepreneurship development, and support economic growth. The loan, according to CBN ranges from N5 million for individual/sole…

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UNIZIK okays N5 billion for transportation scheme

By Opeyemi Babalola  Nnamdi Azikiwe University, Awka (UNIZIK), has resolved to reduce the burden of transportation faced by students of the institution by signing a N5 billion pact with two Chinese companies represented by their companies in Nigeria, Dolphite Ventures and Legacy FMCG Nig Ltd, for the establishment of digital transport scheme called UNIZIK Transport Scheme (UTS).The scheme is a Public-Private Partnership (PPP) integrated Mass Transit project between Higher Bus Compy Ltd, China, China Faw Group and China National Heavy Duty Company Ltd (SINOTRUK), all represented by Legacy-FMCG Trading Company…

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CS Mucheru Challenges Universities To Establish Business Hubs

By Anne Mwale/David Opingo/ Kenya News Agency ICT, Innovation and Youth Affairs Cabinet Secretary Joe Mucheru has called on both Public and Private Universities in the country to establish business incubation hubs to nurture entrepreneurial ideas among ordinary citizens. Mucheru has also challenged institutions of higher learning to shift focus on preparing graduates to take up roles in entrepreneurship rather than job seekers in an environment where graduates were finding it hard to secure jobs. He observed that while the few Universities in Kenya that had business incubation centres were…

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