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Cracks in the Foundation: The Early Warnings of Nigeria’s Educational Crisis

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Nigeria is currently facing a talent crisis, and this is no surprise as successive administrations have chosen to neglect education which should yield economic growth and shift towards mundane things. The job talent pool is currently saturated with mid-level to low yield thinkers; especially people whose primary goal is survival and not development.

In every aspect of professional practice you visit in Nigeria today, there’s one thing you find in common; there’s lack of creativity and innovation when approaching problems, and as a result, the solutions we get to see do not meet global standards.

This decline in lack of talent did not start in a single day, it is a result of steady neglect in policies, investments and interest in training the younger generation to understand the purpose of learning and development. Last month the CEO of Moniepoint Tosin Eniolorunda decried the difficulty in hiring quality local talents in the tech ecosystem, these are not disconnected events, they are the results of the numerous years of neglect of nurturing local tech talents to become full blown senior engineers in our society.

Today we are facing even greater educational crisis; literacy level in children has dropped to an all time low of 25%. A 2023 report from UNICEF reports that 75% of children aged between 7-14 cannot read simple sentences or solve basic math. This is roughly about 37 million children, akin to the benchmark of 10yr where children are expected to properly read and write.

Adeoluwa Adesina calls this the ‘Olodo crisis’, but this is beyond what we see on the surface. Children these days seem to fall short in several developmental abilities in their early childhood stage. Cognitive and developmental abilities such as memory, attention span, socio-emotional development and other social skills critical for development such as communication (Clement-Suarez et al. 2024).

“For children to be able to learn, they must learn to read in the first three years of schooling”

Cristian Munduate, UNICEF Nigeria representative, said at the 2023 International Day of Education. Most children in Nigeria do not at this age.

The foundation of getting quality talents from our society does not emanate from anywhere, it starts with grooming young children to read and think, to think like builders, to reason like solution providers. This foundation is largely absent in our present-day society, rather, we are teaching children to read for the sake of passing exams, instead of learning to solve problems, this is another rooted problem which stems even to our higher educational institutions.

Education is a long term investment and the entire community needs to join hands in fixing this crisis. Today, we have companies which should be sponsoring education, which will in turn become their future workforce, have lost direction. Some are just not interested in the discussion; some prefer to sponsor reality TV shows instead of supporting educational institutes, sponsoring and rewarding the few who have shown exceptional performance and achievement in their lone struggle to attain academic excellence.

The problem might appear shallow today, but the roots have gone deep. Until we begin to treat education as a societal investment, our society will continue to move backwards, lose talents and the gates of innovation will collapse right before our very own eyes.

Manchester United Secures Land For New £2 Billion 100,000-Seater Stadium

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Manchester United have taken a major step toward delivering one of the most ambitious infrastructure projects in world football after securing the bulk of the land required for a proposed 100,000-seat stadium that could transform both the club’s finances and the wider Trafford area.

The Premier League club announced on Monday that it had acquired a 25-acre site located about 350 meters northwest of Old Trafford, paving the way for construction of a new £2 billion ($2.65 billion) stadium that would become the largest football venue in Britain.

The land was purchased from industrial property provider Indurent and a portfolio company owned by investment giant Blackstone. The acquisition is one of the most tangible signs yet that Manchester United is moving beyond the planning stage of a project that minority owner Jim Ratcliffe has championed as central to the club’s long-term revival.

“We are committed to building a world-class stadium with our supporters, not just for them, with atmosphere, affordability and accessibility at the heart of our thinking,” said Collette Roche, chief executive of United’s stadium development project.

According to Roche, locating the new venue close to Old Trafford will help preserve traditions and matchday rituals that have defined the club for generations.

The project comes at a critical time for Manchester United. While the club remains one of football’s biggest commercial brands, its stadium has increasingly fallen behind modern rivals in terms of facilities and revenue-generating capabilities.

Old Trafford, home to United since 1910, currently holds more than 74,000 spectators. Although it remains England’s largest club stadium, it has faced mounting criticism in recent years over ageing infrastructure. Supporters have complained about a leaking roof, drainage problems, and deteriorating facilities, while reports of rodent sightings have further highlighted the need for modernization.

The venue has not undergone a major redevelopment since 2006.

Beyond improving fan experience, the new stadium is expected to significantly strengthen Manchester United’s financial position.

One of the clearest benefits is matchday revenue. United currently charges an average of £46.51 for a general admission ticket at Old Trafford, while premium Premier League fixtures against rivals such as Liverpool and Manchester City can command prices ranging from £59 to £97.

Expanding capacity from roughly 74,000 to 100,000 seats would create room for approximately 26,000 additional spectators per match. Across a full season that includes Premier League, domestic cup, and European fixtures, the increase could generate tens of thousands of pounds in additional annual ticket revenue before accounting for hospitality, corporate boxes, food and beverage sales, merchandising, and sponsorship opportunities.

The revenue potential explains why many analysts view the stadium project as a strategic investment rather than merely an infrastructure upgrade.

Manchester United have increasingly found themselves competing against clubs that have benefited from modern stadium developments. Clubs such as Tottenham Hotspur have dramatically increased matchday income through larger hospitality offerings and year-round venue usage. Tottenham’s stadium, for example, hosts NFL games, concerts, and other events that generate significant non-football revenue.

United’s proposed venue could follow a similar model, allowing the club to maximize income beyond matchdays.

However, the project also has potential hurdles.

Chief executive Omar Berrada warned last year that the scale of the investment could affect squad spending and competitiveness for as long as five years. That concern reflects a challenge faced by several clubs that have financed major stadium developments while simultaneously trying to remain competitive on the pitch.

Balancing infrastructure spending with investment in players will be a key test for United’s leadership.

However, the timing is somewhat more favorable than it appeared a year ago. Manchester United recently secured qualification for the UEFA Champions League after finishing third in the Premier League under manager Michael Carrick. The return to Europe’s elite competition should provide an important boost to broadcasting and commercial revenues at a time when the club is preparing for one of the largest capital projects in its history.

For Ratcliffe and the club’s leadership, the stadium represents more than a construction project, as it is largely seen as a cornerstone of efforts to restore Manchester United’s status both financially and competitively after more than a decade of inconsistency following the retirement of legendary manager Alex Ferguson.

If completed as planned, the 100,000-seat venue would not only surpass Wembley as the largest football stadium in the United Kingdom but also position Manchester United to generate substantially higher matchday revenues for decades. This is expected to strengthen its ability to compete with Europe’s biggest clubs in an era when commercial scale increasingly determines success on and off the pitch.

Tekedia’s Nigeria Capital Market Masterclass Begins; Registration Continues

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Tekedia Nigeria Capital Market Masterclass is a practitioner-led, intensive program designed to deepen the human capabilities needed to power Nigeria’s modern capital market. The Masterclass blends applied knowledge, real-market processes, regulatory frameworks, technology infrastructure, and hands-on case studies covering the entire capital market value chain.

The program will run for 8 weeks, with assignments, simulations, and industry projects. Some participants who complete the program successfully will be provided internship opportunities within capital-market institutions in Nigeria. Our goal is for any person irrespective of location to understand how the capital market works.

Minimum entry requirement: Secondary school education.

Program Date: June 15- Aug 8, 2026

Location and Mode of Delivery: program is completely online, no physical component. It includes 8 weekends of LIVE Zoom sessions by experienced faculty on 8 Saturdays lasting two hours each. The program ssyllabus is below:

Module 1: Introduction to Nigeria’s Capital Market – Foundations & Architecture

Module 2: SEC Nigeria – Registration, Regulations & Market Oversight

 

Module 3: Market Operators – Roles, Responsibilities & Interdependencies

Module 4: Capital-Raising Instruments – IPOs, Bonds, Commercial Papers & Private Markets

 

Module 5: Listing Processes, Documentation & Regulatory Compliance

Module 6: Capital-Market Operations – Trading, Settlement & Surveillance

 

Project 1: A project with relevance in the Nigerian capital market will be assigned for the week.

 

Module 7: Derivatives, Structured Products & Hedging Instruments

Module 8: Technology & Financial Market Infrastructure (FMI)

 

Module 9: Digital Assets, Tokenization & ISA 2025 Framework

Module 10: Compliance, Risk Management & Ethics in Capital Markets

 

Module 11: Careers, Business Opportunities & Promising Regulated Sole Proprietorships

Module 12: Business Development, Market Strategy & Capital-Market Innovation

Project 2: Program Capstone

Contisx Securities Exchange Plc, an upcoming securities exchange in Nigeria, is partnering on this program, and will provide remote internship opportunities.

To learn more, visit Tekedia Institute and register 

Trump Signs Executive Orders to Accelerate U.S. Quantum Computer Push, Racing with China for Next Technological Breakthrough

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U.S. President Donald Trump has launched an aggressive new effort to accelerate the development of quantum computing and strengthen America’s cyber defenses, signaling that Washington increasingly views the emerging technology as a strategic battleground that could reshape economic competitiveness, military capabilities, and global technological leadership.

Trump on Monday signed two executive orders aimed at speeding the development of a large-scale quantum computer while preparing government systems for the cybersecurity disruptions the technology could unleash.

The move comes as competition between the United States and China intensifies across a range of advanced technologies, from artificial intelligence and semiconductors to quantum computing, which many scientists regard as the next major frontier in computing power.

“We believe this can happen by 2028,” Michael Kratsios, director of the White House Office of Science and Technology Policy, said during a briefing on the administration’s plans, referring to the goal of developing a powerful quantum computer capable of delivering scientific breakthroughs beyond the reach of conventional systems.

The administration’s initiative emerges from a growing consensus among policymakers that quantum computing is no longer a distant scientific experiment but an emerging technology with potentially profound implications for national security and economic power.

Unlike conventional computers, which process information using binary bits represented by zeros and ones, quantum computers use quantum bits, or qubits, which can exist in multiple states simultaneously. This allows them to perform certain calculations exponentially faster than even the world’s most powerful supercomputers.

Such capabilities could transform industries ranging from pharmaceuticals and materials science to energy and logistics. Researchers believe quantum machines could dramatically shorten the time required to discover new drugs, design advanced materials, optimize supply chains, and model complex chemical reactions.

However, the same technology poses one of the most significant cybersecurity threats governments have ever faced.

Current encryption systems that protect banking networks, government databases, military communications, and digital commerce rely on mathematical problems that are extremely difficult for traditional computers to solve. Quantum computers could eventually crack many of these encryption standards, potentially exposing sensitive information worldwide.

Recognizing that threat, one of Trump’s executive orders establishes an ambitious timetable for migrating critical federal systems to post-quantum cryptography, with agencies expected to complete the transition by 2030 or 2031. The initiative is designed to protect government networks against future attacks from quantum-enabled adversaries.

The concern extends beyond future risks. Cybersecurity experts have repeatedly warned about a “harvest now, decrypt later” strategy, in which hostile actors collect encrypted government and corporate data today in anticipation of eventually gaining access to quantum computers capable of unlocking it.

The administration’s actions, therefore, indicate both a race to build the technology and a race to defend against it. The new orders also highlight how quantum computing has become a central pillar of Washington’s broader technology strategy.

Last month, the Commerce Department announced plans to take approximately $2 billion in equity stakes across nine quantum-computing companies, including a new venture involving IBM. The investment underscored the administration’s willingness to deploy industrial policy tools similar to those used to strengthen domestic semiconductor manufacturing and artificial intelligence infrastructure.

The latest executive actions build on those efforts by directing federal agencies to develop plans over the next five years for deploying quantum-enabled sensors and communication networks. Such technologies could have significant defense applications. Quantum sensors may provide unprecedented precision in navigation, surveillance, and battlefield detection, while quantum communications could create highly secure networks resistant to interception.

Another element of the administration’s strategy focuses on protecting intellectual property and supply chains. Kratsios said the executive orders call for stronger international cooperation on intellectual property protection and supply-chain security in response to what the administration describes as efforts by competitors and adversaries to undermine U.S. economic and national security interests.

That language underpins longstanding concerns in Washington about China’s efforts to gain technological advantages in strategically important sectors.

China has invested heavily in quantum research for more than a decade and is widely regarded as America’s principal competitor in the field. Beijing has poured billions of dollars into quantum laboratories, communication networks, and research institutions, while Chinese scientists have achieved notable breakthroughs in quantum communications and experimental computing.

Many analysts view the competition as analogous to previous races involving nuclear technology, space exploration, and advanced semiconductors. The country that first develops practical, large-scale quantum computing capabilities could gain significant advantages in scientific discovery, military applications, and economic productivity.

The technology is also increasingly intertwined with artificial intelligence. Quantum systems could eventually accelerate AI training and optimization, helping to solve computational problems that are currently prohibitively expensive. That prospect has made quantum computing particularly attractive as governments and companies pour hundreds of billions of dollars into AI infrastructure.

However, despite rapid advances, today’s quantum computers remain prone to errors and are generally limited in scale. Experts continue to debate how quickly the industry can achieve fault-tolerant systems capable of delivering commercial and strategic value.

Trump administration officials nevertheless appear convinced that the breakthrough may arrive sooner than many expect.

The White House’s 2028 target reflects growing optimism that advances in hardware, error correction, and system design could move quantum computing from research labs into practical deployment within the next several years.

Congress Pushes Landmark Child Online Safety Bill as Global Momentum Builds for Tougher Social Media Restrictions

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The House Energy and Commerce Committee announced Monday that lawmakers had reached an agreement on the Kids Internet and Digital Safety Act (KIDS Act), a sweeping package that would establish new federal rules governing how social media platforms interact with children and teenagers.

The agreement, brokered by committee chairman Brett Guthrie and ranking member Frank Pallone after months of negotiations, seeks to create the most comprehensive federal framework yet for child safety, privacy protection, and platform accountability.

“The KIDS Act delivers the 21st century protections parents have demanded and our kids deserve,” the lawmakers said in a joint statement.

The legislation combines elements from more than a dozen proposals, including the Kids Online Safety Act, the Children and Teens’ Online Privacy Protection Act, the Safe Messaging for Kids Act, and the No Fentanyl on Social Media Act.

The bipartisan push in the U.S. House of Representatives comes at a time when governments around the world are increasingly moving beyond regulation and toward outright restrictions on minors’ access to social media.

Lawmakers say the bill is designed around five core objectives: expanding parental controls, making safety settings the default for younger users, strengthening privacy protections, increasing transparency around data brokers, and establishing stronger accountability mechanisms for technology companies.

The proposal arrives as concerns over the impact of social media on children have evolved from a domestic political debate into a global policy movement.

Across several advanced economies, governments have concluded that existing safeguards are insufficient and have begun imposing age-based restrictions on social media access.

In late 2024, Australia became the first major country to approve legislation banning children under 16 from using major social media platforms, placing responsibility on technology companies to verify users’ ages and prevent underage access. The law drew worldwide attention and triggered renewed debate among policymakers in North America, Europe, and Asia.

Since then, governments including France, Spain, Norway, and New Zealand have either introduced, proposed, or expanded measures aimed at restricting social media access for younger teenagers or strengthening parental consent requirements.

The trend emerges from a growing consensus among policymakers that social media platforms pose risks that extend beyond privacy concerns to include mental health challenges, cyberbullying, exposure to harmful content, online exploitation, and addictive design features.

Rather than pursuing an outright ban similar to Australia’s model, the U.S. legislation focuses on creating guardrails that force platforms to prioritize child safety while giving parents greater oversight.

The measure also comes as legal pressure on major technology companies intensifies.

Thousands of lawsuits have been filed against companies, including Meta, YouTube, TikTok, and Snap Inc. Plaintiffs argue that these platforms were intentionally designed to maximize engagement among younger users while exposing them to harmful content and behavioral risks.

The first major case to reach a California jury ended with a combined damages award of $6 million against Meta and YouTube, providing a glimpse of the legal exposure facing the sector.

The litigation wave has already prompted changes inside some of the industry’s largest firms. Meta has expanded its teen-account protections across Instagram, Facebook, and Messenger, introducing stricter content controls and safety features. The company has simultaneously faced scrutiny over reports that it sought legal protections against child-harm claims tied to its platforms.

For lawmakers, the urgency extends beyond individual lawsuits. The absence of a federal standard has encouraged states to fill the vacuum. At least 20 U.S. states enacted laws over the past year targeting children’s use of social media, creating a patchwork of regulations that companies must navigate.

Supporters of the KIDS Act argue that a national framework would create consistency while ensuring stronger protections for young users.

The legislation’s focus on data brokers is also significant. Policymakers increasingly see the collection, sale, and sharing of children’s personal information as a central risk in the digital ecosystem. The bill seeks to impose greater transparency on how such data is gathered and used.

Another major area of concern is the role of recommendation algorithms. Lawmakers, parents, and child-safety advocates have raised concerns that algorithm-driven feeds can amplify harmful content, encourage compulsive usage patterns, and expose minors to material that may affect mental health and well-being.

Technology companies have generally responded by arguing that they have invested heavily in safety tools and moderation systems, while emphasizing that parents, schools, and governments also share responsibility for protecting children online.

Even with bipartisan support, significant hurdles remain before the legislation becomes law.

An earlier version passed the Energy and Commerce Committee in March by a relatively narrow 28-24 vote, underscoring ongoing divisions over the extent of government intervention in digital platforms. The bill must still clear both chambers of Congress and secure President Donald Trump’s signature.

However, with House Speaker Mike Johnson signaling support and public concern about children’s online safety continuing to rise, momentum appears stronger than at any point in recent years.