LBS, NBS sign MOU to boost capacity

Lagos Business School has signed a Memorandum of Understanding (MoU) with Nanyang Business School (NBS), Singapore, to boost the relevance of its academic/executive programmes and faculty capacity.

The MoU which ties in with LBS’ efforts to remain a bastion of management education on the continent – will pave way for partnerships between both schools in research, executive and leadership training, and student exchange programmes.

Like LBS, Nanyang Business School is ranked among the world’s premier business schools, and has been advancing global management knowledge and practice for over 50 years.

The MoU was signed at the Singapore-Africa Business Summit held in Singapore recently, which aims to provide Asian entrepreneurs a good knowledge of Africa’s markets, while nurturing Africa-savvy talent that will enable them establish and expand on the continent.

Enase Okonedo, dean of LBS, was at the Conference where she signed the MoU with her NBS counterpart, Ravi Kumar. The MoU, which is ongoing, will remain effective for an initial period of five years.

“Africa is no longer a region that businesses can afford to ignore if they want to thrive in the next 50 years. With a youthful and ambitious population of 1 billion people, the continent will be the next leader of global economic growth as social and political transformation takes root,” said Kumar.

LBS is in partnership with some of the world’s leading business schools and associations, including IESE Business School, Barcelona; the Global Business Schools Network (GBSN), Association of African Business Schools (AABS) and the Association to Advance Collegiate Schools of Business, among others.