Cowbell Raises Prize Money for Mathematics TV Quiz Show

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 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 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 NEWSThe 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

By Adedapo Adesanya Irish author Paul Lynch won the 2023 Booker Prize for fiction for his novel Prophet Song, a dystopian work about an Ireland that descends into tyranny. The 46-year-old beat five other shortlisted novelists to the prestigious award at a ceremony in London. He becomes the fifth Irish writer to win the high-profile literary prize, which has propelled to fame countless household names, including past winners Salman Rushdie, Margaret Atwood and Hilary Mantel. “This was not an easy book to write,” Mr Lynch said after collecting his award, which comes with £50,000 (around $63,000) and a huge boost

By Investors Hub European stocks are moving higher as traders digest the European Central Bank?s decision to leave its key interest rates and asset purchases unchanged. The ECB reiterated that rates will remain at their present levels well past the life of the stimulus. While the French CAC 40 Index has climbed by 0.5 percent, the U.K.?s FTSE 100 Index and the German DAX Index are up by 0.2 percent and 0.1 percent, respectively. In economic news, survey data from market research group GfK showed that German consumer confidence is set to strengthen in February on strong economic and income

By Adedapo Adesanya The value of the Naira to the Dollar depreciated in the Investors and Exporters (I&E) and the Peer-to-Peer (P2P) segments of the foreign exchange (FX) market on Wednesday. In the I&E window, the local currency fell against the US Dollar by N2.41 or 0.57 per cent to close at N426.58/$1 compared with the preceding day’s N424.17/$1 amid a 62.5 per cent or $239.56 million reduction in the day’s FX turnover. Forex transactions valued at $144.03 million were completed during the trading day in contrast to the $383.59 million executed in the preceding session. At the P2P segment,

**Blasts #BringBackOurBoys Campaigners By Modupe Gbadeyanka The federal government has promised to put measures in place to prevent any other abduction of students, especially in the northern part of the country by terrorists. Last Friday, some bandits with links with Boko Haram sect kidnapped over 400 students of the Government Science Secondary School, Kankara, Kastina State. The attack occurred a few hours after President Muhammadu Buhari arrived Daura, some kilometres away from the scene, for a weeklong private visit to his hometown. On Thursday night, after negotiations with the abductors, the schoolboys numbering over 300, were released from captivity in

By Investors Hub The major U.S. index futures are currently pointing to a lower opening on Wednesday, with stocks likely to see further downside after turning lower over the course of the previous session. A further inversion of the yield curve may weigh on Wall Street, with the inversion seen as an indicator that a U.S. recession is looming. The yield on the benchmark ten-year note has fallen further below the two-year yield, with the spread widening to its lowest level since 2007. The White House has sought to downplay recession concerns, although the inverted yield curve combined with the

By Adedapo Adesanya Oil prices further moved downwards on Tuesday as a surge in the number of Delta variant coronavirus cases in China signalled a dent in demand for the global oil market. Brent crude oil futures went down by 42 cents or 0.58 per cent to $72.47 per barrel, while the United States West Texas Intermediate (WTI) crude oil futures depreciated by 66 cents or 0.93 per cent to sell at $70.58 per barrel. In China, the Delta variant has spread to 32 provinces within the last two weeks, indicating a rapid spread in the world’s largest oil importer.

By Adedapo Adesanya Joe Biden has been elected as the 46th President of the United States four days after elections were concluded. The former Vice President has won the 2020 election with 273 electoral votes so far. He is joined in his celebration by Vice President-Elect Kamala Harris, who will make history as the first female vice president, as well as the first Black and South Asian American vice president. It was a keenly contested election against incumbent President Donald Trump that saw him win in swing states such as Arizona, Georgia, Nevada, Michigan and Wisconsin. On Saturday, Biden had

By Adedapo Adesanya The unlisted securities exchange returned to the positive territory on Friday, recording a 1.32 per cent lift buoyed by gains in the equities of FrieslandCampina WAMCO Nigeria Plc. The company recorded a N7.19 or 5.5 per cent growth during the session as the securities of the fast-moving consumer goods company closed at N137.51 per unit i contrast to N130.31 per share it traded previously. This came after PZ Cussons Plc held an Extraordinary General Meeting (EGM) on Thursday, September 24 to decide on a planned sale of the business and assets of Nutricima Limited to FrieslandCampina Wamco

By Modupe Gbadeyanka There was mild drama at the office of the Edo State Governor, Mr Godwin Obaseki, on Tuesday, as the Governor walked the Managing Director (MD) of the Benin Electricity Distribution Company (BEDC), Mrs Funke Osibodu, out of his office for failing to meet obligations to electricity consumers in Edo and throwing the state into darkness for weeks. This happened when the Governor received members of the Federal House of Representatives Committee on Power led by Mr Daniel Asuquo, who were in Government House, Benin City, on a courtesy visit. The Governor was surprised to see the BEDC