LAGOS, NIGERIA– The Board of Directors, shareholders and other stakeholders of Learn Africa Plc collected for the business’s 53rd Annual General Fulfilling in Lagos, where the organisation reported improved monetary performance in spite of obstacles in Nigeria’s financial and education sectors.
The Chairman of the Board of Directors, Chief Emeke Iwerebon, said the year under evaluation was marked by substantial changes in the country’s economic and instructional landscape but noted that the company remained resistant, reinforced its market position and recorded development in key monetary indicators.
“The year under evaluation was marked by considerable changes in Nigeria’s economic and educational landscape. In spite of the challenges, the company stayed durable, reinforced its market position and delivered improved financial efficiency,” Iwerebon said.
He revealed that for the financial year ended March 31, 2026, the business’s turnover increased by 19 per cent, increasing from N5.91 billion to N6.15 billion.
He added that shareholders’ funds also grew by 12 percent, from N4.08 billion to N4.57 billion.
Speaking with journalists after the Yearly General Satisfying, Iwerebon attributed the business’s durability throughout the year to the strength and effectiveness of its management group and board members.
He also commended the Minister of Education, Dr Tunji Alausa, for what he referred to as proactive efforts in addressing challenges within the education sector.
Iwerebon interested the Federal government to strengthen critical facilities, particularly roads and electricity, which he stated remained essential to the efficient operation and development of services and educational institutions.
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“What we interest the government is for them to do what they are expected to do and to do it well; we require better roads and electrical energy. The Minister of Education has actually been proactive in doing what ought to have been done a long time earlier, for example, the curriculum evaluation,” he said.
On digital education, Iwerebon stated Learn Africa prepared to heighten its financial investments and activities in the digital learning space.
He said the company had actually been operating in digital education for about 8 years and had sent a project to the Universal Basic Education Commission and the Federal Ministry of Education for review.
“We plan to magnify. We started 8 years ago, and we have a project that has actually been submitted to UBEC and the Federal Ministry of Education for review. Our digital product, Learn Africa Online App, is readily available for Android and iOS devices,” he stated.
Business Relocate To Tackle Book Piracy
On the obstacle of book piracy, the Ceo of Learn Africa Plc, Alhaji Hassan Bala, said the business was collaborating with security companies to deal with the problem.
“Piracy is a continuous thing; we are collaborating with security agencies, discussing and trying to find brand-new ways and strategies of tracking pirated works,” Bala stated.
He said the company would continue to explore measures to safeguard its intellectual property and instructional materials from unauthorised recreation and distribution.
Learn Africa Expands Market Reach
The Deputy Director, Marketing and Sales, Christopher Kikanme, stated the business’s revenue development was supported by efforts to broaden its market reach and reinforce its existence in the digital area.
“What we did in a different way was expanding our surface switched into the social media space with our currently developed digital space,” Kikanme stated.
He divulged that the company had expanded its operations into the Republic of Benin and was working towards extending its market presence to other West African nations.
The business’s growth strategy, he stated, would complement its traditional publishing business while permitting it to reach a wider audience through emerging digital platforms.
About Learn Africa PLC
Find Out Africa Plc is a finding out resource organization with a history spanning more than 6 decades. The company was established in 1961 as Longman Nigeria, a book publishing firm completely owned by Longman Group UK Limited, now Pearson Education.
The company was listed on the Nigerian Stock Exchange on July 23, 1996, and later became referred to as Learn Africa Plc.
. Its core organization includes the publication and marketing of textbooks and other instructional resources covering the Nigerian education system from nursery and main education to secondary and tertiary levels.
The company has likewise broadened into digital content, educational resources and other finding out options as part of its efforts to support better knowing outcomes.
Discover Africa’s existing business profile explains its vision as being the leading learning organisation driving a better educated society, while its objective is to deliver innovative knowing options that improve learning outcomes.