Foundation Explains Waste Recycling Process to Students

By Modupe Gbadeyanka On Sunday, October 29, 2023, the race for the sharing of N12.5 million by the top 3 contestants of the fifth edition of the InterswitchSPAK National Science Competition commenced. A total of 81 secondary school students are competing for the crown of the best Science, Technology, Engineering, and Mathematics (STEM) students in Nigeria. The first prize winner will receive a whooping sum of N7.5 million worth of scholarships for five years, a laptop, and monthly stipends. The second-place winner will receive N4 million in scholarships for three years, a laptop, and monthly stipends, while the third-place winner

By Blaise Udunze Every day is for the Teachers! The moment we start giving preferences to the profession and the people as the most important members of our society, the moment there will be the emergence of true instructors and educators who are ready to instil the requisite knowledge for nation-building. Alas! The society is in quagmire and stagnated in this part of the world. Over the years, the least attention has been given to the whole of the educational sector- the citadel of learning. The Citadel houses the army of teachers. Today, can it be said to be a

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 Nigerian prop-tech startup, Spleet, has closed a $2.6 million seed round to scale its residential rent-focused products. The funds were provided by MaC Venture Capital, Noemis Ventures, Plug and Play Ventures, Assembly Fund, Ajim Capital, Francis Fund, as well as Metaprop VC and HoaQ Fund. This fresh injection followed the $625,000 pre-seed funding round raised by the company in March. Since its inception, Spleet has processed millions in rent, housed over 1,000 tenants and onboarded over 35 individual and corporate landlords. With the funding, the startup plans to expand its product offerings to include Collect, a service

By Dipo Olowookere Head of the Nigerian Communications Commission (NCC), Mr Umar Garba Danbatta, has disclosed that the agency has approved dedicated spectrum for trial deployment of Fifth Generation (5G) services in the country. The NCC chief made this disclosure at the maiden Digital African Week organised by the International Telecommunications Union (ITU) being hosted by the Commission at the Transcorp Hilton Hotel, Abuja. The four-day conference, which began on Tuesday in conjunction with the Management of ITU-T Study Group 20 (SG20) and Study Group 5 (SG5) Regional Group for Africa Meeting, will allow all stakeholders in the emerging digital

By Dipo Olowookere The annual profit of Okomu Oil Palm Company Plc depreciated by 8.72 percent in 2018 financial year, the financial statements of the Edo State-based firm have revealed. The profit after tax, which was N9.3 billion in 2017, dropped to N8.5 billion in 2018, while the profit before tax declined to N10.3 billion from N11.1 billion. A brief analysis of the results showed that revenue generated by the company in the period under consideration marginally reduced to N20.258   billion from N20.262 billion, while the external charges rose to N4 billion from N3.7 billion. In the year under review,

By Dipo Olowookere Builders and other stakeholders have lauded the BlocMaster Cement which was formally launched by Dangote Cement Plc last week in Kano, Kano State, describing it as extra strong and the best for block moulding in Nigeria. Before it was officially rolled out, the innovative cement product had been adjudged ideal by the country’s engineers, builders and block makers, due to its rapid setting within an hour, its strength and top quality. Multitude of block makers in attendance lauded the company’s innovate efforts and after a demonstrative test also confirmed its strength and asserted that surely, it is

By Adedapo Adesanya Sudan’s inflation rate has risen further to 99 percent in April due to rising food prices, the Sudanese Central Bureau of Statistics has announced. This rate had already risen to 82 percent the previous month, over what it was a year ago caused by rising prices for grains, meat, milk, sugar, and bread. Despite the political transition in Sudan, which raised hopes for reform following the overthrow of President Omar al-Bashir in April 2019, the country’s economy remains in a deep crisis. Rising inflation, the scarcity of foreign currencies and the huge public debt are among the

By Adedapo Adesanya The duo of Niger Delta Exploration and Production (NDEP) Plc and FrieslandCampina Wamco Nigeria Plc made the NASD Over-the-Counter (OTC) Securities Exchange record its first loss of the year. After the market kicked off the year on Tuesday, it went on a winning streak until on Friday, when it slipped by 0.41 per cent due to the fall in the prices of the two stocks. Business Post reports that the market capitalisation of the unlisted stock exchange shrank during the trading session by N3.90 to close at N938.99 billion, in contrast to Thursday’s value of N942.89 billion.

By Ahmed Rahma President Muhammadu Buhari has approved the appointment of Mr Abubakar Fikpo as the acting Director-General of the National Directorate of Employment (NDE). The Senior Special Assistant to the President on Media and Publicity, Mr Garba Shehu, confirmed this in a statement issued in Abuja on Monday. The media aide to the President disclosed that the approval followed Mr Fikpo’s nomination by the Minister of State for Labour and Employment, Mr Festus Keyamo. Mr Buhari had earlier directed Mr Keyamo, who supervises the agency, to nominate an acting DG after the sack of Dr Nasiru Argungu as the

By Adedapo Adesanya The Naira appreciated against the United States Dollar at the Investors and Exporters (I&E) window of the foreign exchange (forex) market on Wednesday by 50 Kob or 0.11 per cent to trade at N440.67/$1 compared with the previous day’s N441.17/$1. The appreciation was bolstered by the availability of FX during the session despite a spike in the value of transactions. FX trades worth $95.39 million were carried out in the midweek session compared with the previous day’s $73.66 million, indicating a decline of 29.5 per cent or $21.73 million. In the Peer-to-Peer (P2P) segment, the Nigerian currency