AICL, UABS Sign Mou to Foster Collaboration and Create Impact

To further strengthen their relationship, Abuja Investments Company Limited, AICL, and University of Abuja Business School, UABS, recently signed a Memorandum of Understanding (MOU). This MOU bridges theory and practice, where academic insight meets real-world investment and finance execution.
AICL is the business development and investment holding company fully owned by the Federal Capital Territory Administration. UABS is a postgraduate business school of the University of Abuja.

According to a statement made available to our reporter, AICL and UABS signed the MOU to collaborate in executive education, research, policy development, support for innovation and startups, and student practical experience. Expected outcomes include developing human capital, equipping UABS graduates with both academic credentials and practical skills in finance, investments, entrepreneurship, management, and sustainable investment. The partnership aims to create student internships, applied research opportunities, and executive programmes tailored to industry challenges and policy needs.

Furthermore, this partnership enables the co-creation of policy-relevant research, with the specific outcome of generating evidence-based solutions to the business and investment issues faced in Nigeria. The parties will collaborate on researching topics that drive innovation, laying the groundwork for policy recommendations that support economic growth and social impact. Additional planned outcomes include the joint design of executive education programmes and workshops on leadership, strategy, and innovation, which are expected to benefit managers and executives in various sectors. The partnership aligns with national development priorities and the FCT’s economic vision—specifically aiming to advance industrialisation, innovation, job creation, and inclusive economic growth.

According to the statement, the parties agreed that this partnership is pragmatic, outcome-driven, and forward-looking. It will serve as a platform for hands-on learning for students and faculty, while AICL will benefit from UABS’s advanced research, policy analysis, and actionable insights. The partnership shows how industry, academia, and government can work together to strengthen institutions and build a competitive economy.