Education
Claudia Goldin Wins 2023 Economics Nobel Prize
By Adedapo Adesanya
The Royal Swedish Academy of Sciences has awarded the Sveriges Riksbank Prize in Economic Sciences to Claudia Goldin for having advanced our understanding of women’s labour market outcomes.
She provided the first comprehensive account of women’s earnings and labour market participation through the centuries. Her research revealed the causes of change, as well as the main sources of the remaining gender gap.
BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2023 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Claudia Goldin “for having advanced our understanding of women’s labour market outcomes.”#NobelPrize pic.twitter.com/FRAayC3Jwb— The Nobel Prize (@NobelPrize) October 9, 2023
Goldin found in her research that women are vastly underrepresented in the global labour market and, when they work, they earn less than men.
She collected over 200 years of data from the US, allowing her to demonstrate how and why gender differences in earnings and employment rates have changed over time.
The 2023 laureate was able to show that female participation in the labour market did not have an upward trend over this entire period but instead formed a U-shaped curve.
Historically, much of the gender gap in earnings could be explained by differences in education and occupational choices. However, this year’s economic sciences laureate showed that the bulk of this earnings difference is now between men and women in the same occupation and that it largely arises with the birth of the first child.
She discovered that the participation of married women decreased with the transition from an agrarian to an industrial society in the early nineteenth century, but then started to increase with the growth of the service sector in the early twentieth century.
Goldin explained this pattern as the result of structural change and evolving social norms regarding women’s responsibilities for home and family.
She also demonstrated that access to the contraceptive pill played an important role in accelerating this revolutionary change by offering new opportunities for career planning.
Speaking on the award, Mr Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences, “Understanding women’s role in the labour is important for society. Thanks to Claudia Goldin’s groundbreaking research we now know much more about the underlying factors and which barriers may need to be addressed in the future.”
The prestigious award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the last of this year’s Nobel prizes and is worth 11 million Swedish crowns (~$1 million).
Business Post had reported that prizes for this year went to COVID-19 vaccine discoveries for medicine and physiology, atomic snapshots (physics) and quantum dots (chemistry) as well as to a Norwegian dramatist (literature) and an imprisoned Iranian activist (peace).
Education
Egbin Power, FIPL to Host Sahara Power Academy
By Modupe Gbadeyanka
A transformative initiative designed to equip young Nigerian engineers with the technical expertise and practical experience needed to drive sustainable power generation nationwide has been launched by Sahara Power Group.
This programme, known as the Sahara Power Technical and Innovation Academy (SPTIA), will be hosted by Egbin Power and First Independent Power Limited (FIPL), two of Nigeria’s leading power generation companies and members of the Sahara Power Group.
It was created as part of the company’s vision to deliver reliable and sustainable energy through a combination of infrastructure investment and human capital development, ensuring that Nigeria’s energy future is powered by both innovation and indigenous expertise.
Fifty graduate engineers will undergo a rigorous 10-month programme that combines intensive classroom learning with hands-on, on-the-job training across critical generation assets.
Participants will be exposed to real-time plant operations, maintenance systems, and industry best practices, positioning them for impactful careers in the power sector.
A strong emphasis will also be placed on safety as a core pillar of the academy. The trainees will undergo mandatory safety modules covering industry standards and safe work practices, complemented by practical, scenario-based sessions.
This approach is designed to instil a safety-first culture and ensure that all participants are equipped to operate confidently and responsibly beyond compliance within the Plant environment.
At the end of the programme, top-performing trainees will be deployed across Sahara Power Group’s businesses, including Egbin Power, FIPL, and upstream operations, while others will be released into the broader Nigerian electricity labour market as part of the Group’s commitment to strengthening sector-wide capacity.
The Managing Director of Sahara Power Group, Mr Kola Adesina, said the initiative represents a deliberate investment in Nigeria’s future and a strategic response to the sector’s talent needs.
“We are committed to powering Nigeria not just through infrastructure, but through people. This academy reflects our belief that the future of sustainable energy delivery must be driven by skilled, young professionals who understand the local operating environment,” he stated.
“Egbin Power and FIPL provide the ideal platforms for this initiative, given their track record of operational excellence and technical depth. By leveraging these assets, we are creating a pipeline of engineers who are not only technically sound but also industry-ready from the outset,” he added.
Mr Adesina further charged the trainees to work as a team and ensure that the training programme brings out problem-solving skills that will enable them to contribute to human development and the progress of the power sector.
“We are here to truly and responsibly make a difference. We are here to look around our environment, and we are curious enough to see how we can make things better. We believe you are to make things better and add value to the sector,” he said.
Education
Conference on Investing in Boys for Stronger Families, Communities Holds in Ibadan
By Aduragbemi Omiyale
A conference with the theme Flourish and Thrive: Investing in Boys for Stronger Families and Communities will take place at the Local Government Training School, Secretariat, Agodi, Ibadan, Oyo State, on Thursday, May 14, 2026.
The programme, in its second edition, is part of activities lined up to mark the 2026 International Boys’ Day Conference. It is being put in place by Boys Aid Network to confront a question many institutions have quietly ignored: Who is intentionally preparing the next generation of boys for the realities of leadership, responsibility, and manhood?
Expected to grace the occasion are educators, mentors, advocates, parents, and students.
The speakers include Jesudamilare Adesegun-David, Co-founder of Enovate Lab; Samson Folarin, Editor of Punch Newspaper Weekend Titles; Oluseye Joseph, Founder of EnterpriseCEO; Barrister Dotun Akinsanmi, Managing Partner at Dotun Akinsanmi LP; and media personality, Folakemi Arowolo, popularly known as Folakemi Mighty.
The convener, Barrister Olufunke Oyinlola, described the initiative as a deliberate effort to create safe and transformational spaces for boys to learn, reflect, and engage in meaningful conversations about their future.
“Too many boys are growing up without guidance, without safe spaces to express themselves, and without people intentionally helping them navigate the realities of life. This conference is our response to that challenge. We want boys to know that they are seen, valued, and capable of becoming responsible men who positively influence their families and communities,” she stated.
She added that the conference is ultimately about helping boys see possibilities differently and exposing them to conversations that can shape their confidence, choices, and sense of purpose.
More than 300 secondary school boys from across Oyo State are expected to participate in the event, which is organised in partnership with the Oyo State Ministry of Education, Science and Technology. The programme will combine keynote sessions, mentorship conversations, interactive learning, and a spelling bee competition aimed at boosting confidence and intellectual engagement.
Education
Nollywood Star Alex Ekubo Dies
By Modupe Gbadeyanka
A popular Nigerian actor, Alex Ekubo, has reportedly passed away after a protracted illness.
According to reports, the movie star died after a battle with cancer, which kept him away from public glare and social media.
Last year, some of his fans expressed concerns over his sudden absence from social media, asking about his whereabouts.
On Tuesday evening, news about his demise flooded the blogosphere.
One of the sympathisers, Peter Okoye of the P-Square fame, wrote a Rest in Peace on the Nollywood star’s picture on X, formerly known as Twitter, confirming his death.
Several personalities and others have also expressed shock over the passing of the 40-year-old entertainer, who dazzled many with his acting skills.
During his lifetime, Alex Ekubo, who was said to have died of cancer, won several awards.
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