ASUU Strike: Reps Invite Finance Minister, Others for Clarification on UTAS/IPPIS Controversy

By Jerome-Mario Utomi Recently, Governor Sheriff Oborevwori of Delta State approved a 25 per cent reduction in acceptance fees payable in the four state-owned universities as part of palliatives for students. The governor’s approval was contained in a statement issued by Festus Ahon, his chief press secretary, on Wednesday, in Asaba. According to the statement, the reduction in the acceptance fee was in line with measures taken by the Delta State government to cushion the effect of the fuel subsidy removal on citizens. Ahon further said that the 25 per cent reduction was applicable to new students at the state-owned

By Adedapo Adesanya A 400-year-old British educational institution, Charterhouse, has commissioned its first African school, currently in progress on a sprawling 70-hectare site located at Ogombo in Lekki, Lagos. The introduction of Charterhouse Lagos marks the convergence of British independent school heritage with cutting-edge educational practices, ushering in a new era of excellence in West African education. Charterhouse Lagos will represent a remarkable educational undertaking in the commercial capital of the country, with the planned $150 million campus expected to be fully delivered in 2028. The school’s development will unfold gradually, with the first intake of primary school students in

By Adedapo Adesanya The Royal Swedish Academy of Sciences has decided to award the Nobel Prize in Chemistry 2023 to three scientists — Moungi G. Bawendi, Louis E. Brus, and Alexei I. Ekimov for the discovery and synthesis of quantum dots. According to the announcement on Wednesday, the Nobel Laureates in Chemistry 2023 have succeeded in producing particles so small that their properties are determined by quantum phenomena. The particles, which are called quantum dots, are now of great importance in nanotechnology. “Quantum dots have many fascinating and unusual properties. Importantly, they have different colours depending on their size,” says

By Adedapo Adesanya The Nobel Prize in Literature has been awarded to Norwegian writer, Mr Jon Fosse, for “his innovative plays and prose, which give voice to the unsayable,” according to the Royal Swedish Academy. One of his country’s most-performed dramatists, Mr Fosse, 64, has written some 40 plays as well as novels, short stories, children’s books, poetry and essays. Learn more about the 2023 #NobelPrize in Literature: https://t.co/dVT9QJr7PM — The Nobel Prize (@NobelPrize) October 5, 2023 Mr Mats Malm, permanent secretary of the academy, announced the prize Thursday in Stockholm. Mr Malm said he reached Fosse by telephone to

By Modupe Gbadeyanka Trading of equities on the floor of the Nigerian Stock Exchange (NSE) ended flat on Thursday, March 23, 2017. At the close of activities on the NSE today, the stock market finished at 0.00 percent. Business Post correspondent reports that a total of 20 stocks appreciated in price against 14 equities that crashed at the market. The All-Share Index lost 0.14 points today to close at 25,514.03 points, while the market capitalisation fell by N23.4 million to finish at N8.827 trillion. On the price movement chart, Nestle emerged the biggest gainer, appreciating by N9 to end at

By Adedapo Adesanya  The Shippers Association of Lagos State (SALS) has bitterly complained that shippers in Nigeria lost close to N15 trillion in revenue in three months due to restrictions and complications placed on trade due to the outbreak of the COVID-19 pandemic. The SALS President, Mr Jonathan Nicole, lamented that after the virus hit major trade partners, it proved difficult for shippers to transact business during the global COVID-19 lockdown. According to the SALS President, “What shippers could have probably done in two days; it took them about one or two weeks because shippers are now dealing with individuals

By Ashemiriogwa Emmanuel The board of Stanbic IBTC Holdings has explained to the investing community the reason for the delay in releasing its half-year financial results of 2021. The financial service holding company said that it was awaiting the approval of its audited financial statements by the Central Bank of Nigeria (CBN). Stanbic IBTC was supposed to release its HY results for the period ended June 30, 2021, on or before July 31, 2021, but the company has not done this, necessitating this explanation via a statement signed by the Company Secretary, Mr Chidi Okezie. “This is to inform NGX

By Modupe Gbadeyanka Subscribers of Airtel Nigeria will now begin to enjoy high-speed 5G networks from the comfort of their homes due to the partnership between the telco and a leading global fabless semiconductor company, MediaTek. This has been made possible through the deployment of MediaTek’s T750-powered Customer Premises Equipment (CPE), a groundbreaking technology that enhances internet connectivity. The T750 technology offers remarkable out-of-the-box 5G speeds, reaching up to an impressive 4.7Gbps. It competes with or surpasses the performance of traditional fixed-line services, harnessing existing cellular infrastructure while avoiding the expenses associated with cable or fibre installation. With this technology,

By Dipo Olowookere A veteran actress in the Yoruba film industry, Mrs Toyin Majekodunmi, has been reported dead. The star actress, fondly called Iya Kike, was said to have died on Monday, January 2, 2017, but the cause was yet to be made known. However, there are strong indications that her death might be health-related. Announcing her demise today was star actress, Bimbo Success, who expressed shock at her death. During her lifetime, the actress featured in many films. She was married to fellow colleague, Mr Solomon Majekodunmi, who is well known as Baba Kekere. The late actress had three

By Dipo Olowookere Access Bank Plc has announced the appointment of Dr Gregory Ovie Jobome as its Executive Director in charge of Risk Management Division. In a statement issued from the bank, it described Dr Jobome as a thorough bred banking professional with excellent academic pedigree. The appointee is said to have obtained a First Class degree in Economics from the University of Maiduguri in 1986 and a Distinction in Master of Business Administration from the Obafemi Awolowo University in 1990. He also obtained a Master of Science Degree (1994) and a Doctorate Degree (2002) both in Economics and Finance

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed flat on Thursday in the midst of a significant decline in the level of participation. During the trading session, the unlisted securities market recorded no price mover, while the key performance indicators remained unchanged when activities were rounded up. Business Post reports that the market capitalisation of the NASD Exchange retained the previous value of N512.24 billion, while the NASD Unlisted Security Index (NSI) remained unchanged at 713.91 points. The stalemate witnessed yesterday came a day after the market heaved a sigh of relief when it recorded its first growth

By Investors Hub European stocks have rebounded on Thursday as investors hold out hopes that the U.S. and China will eventually have new trade talks that end with a bilateral solution to the ongoing trade dispute. While the German DAX Index has climbed by 0.5 percent, the U.K.?s FTSE 100 Index and the French CAC 40 Index are both up by 0.9 percent. Gerresheimer has soared in Frankfurt after announcing the acquisition of Swiss technology company Sensile Medical. Capita Group has also jumped in London. The outsourcing firm has announced an agreement to sell its parking management business, ParkingEye, to