General Electric Pushes for Women Inclusion in STEM Studies Across Africa

By Aduragbemi Omiyale There are plans to add more schools to the Re-imagine Education program of Airtel Nigeria and the United Nations Children’s Fund (UNICEF) in Nigeria. In December 2022, both organisations launched the initiative to transform education, leveraging the power of technology to enhance teaching and learning experiences for children across the country. With a shared vision of empowering children through education, Airtel and UNICEF have been working together to provide innovative solutions that bridge the digital divide and create equal opportunities for all children. The two parties have promised to continue to work hand in hand to expand

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 Modupe Gbadeyanka Operators within the private sector have been charged to promote innovative and sustainable approaches to uplift the educational standards for underprivileged children living in low-income communities. It was submitted that private sector collaborations would offer the advantage of diffusing emotional burdens, leading to more informed and intelligent decision-making, as together, they can achieve much more to support the provision of sustainable education for the Nigeria youth. This was the view of some participants at the Special Foundation annual summit, the Transforming Education Summit 2023, themed Enhancing Access and Quality Education in Africa. The event, held at the

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 United Capital Research Considering our base case return which suggests a rather muted uptick in stock prices, we advise investors to consider the following as they make equity investment decisions in H2-18: Buy the dip! Rather than out rightly avoiding equities in H2-18, discerning investors can buy low in H2-18 and wait for a rebound to sell higher. To do this, investors must see beyond the temporary market volatility and critically assess the best-in-class stocks affected by panic sales in H2 -18 to benefit from market repricing after the election. Dividend play: Choose stocks with consistent dividend profile Notwithstanding

By Modupe Gbadeyanka Leading international partner of the biopharmaceutical industry and research laboratories, Sartorius, increased its sales revenue and earnings in the first quarter of 2017 by double digits. “Both divisions successfully started off the current year. Lab Products & Services achieved considerable organic growth, and with the acquisition of Essen BioScience, it added another innovative product family to its bioanalytics portfolio and further growth potential,” said CEO and Executive Board Chairman Dr. Joachim Kreuzburg. The substantially above-average market growth for Bioprocess Solutions over the past two years has returned to normal rates, as expected. “In particular, business development in

By Modupe Gbadeyanka Despite efforts being made to drastically reduce the use of fossil fuel and embrace eco-friendly renewable energy sources, observers have maintained that the oil and gas market will continue to be viable. The chief executive of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, noted that given its role in supplying affordable energy, the sector will remain a multi-trillion-dollar market for decades. On Tuesday, October 20, 2020, experts in the oil and gas industry will brainstorm on the impact of the COVID-19 pandemic on the ecosystem at a webinar themed Perspectives of Operators and Industry Experts Post-COVID-19.

By Adedapo Adesanya Crude oil prices went in different directions on Friday amid profit-taking as markets weighed supply concerns from Russia’s fuel export ban against demand woes from future rate hikes. While the Brent futures lost 3 cents to close at $93.27 a barrel, the US West Texas Intermediate crude (WTI) futures rose by 40 cents to sell for $90.03 a barrel. However, both benchmarks closed downwards on a week-on-week basis, with Brent shedding 0.3 per cent, breaking a three-week streak of gains, and WTI sliding by 0.03 per cent for the week, the first decline in four weeks. Russia

By Aduragbemi Omiyale To support a Nigerian chef, Ms Hilda Baci, who is cooking in Lagos to break the Guinness World Record for the Longest Cooking Time, the country’s biggest Health Management Organisation (HMO), AXA Mansard Health, has offered a one-year free Gold Health Insurance for her. In a message, the HMO noted that this is to boost the morale of the 27-year-old chef and give her the confidence to progress to the end, despite the exhaustion that might have come with 70 hours of cooking she has already put in. “Dear Hilda, you’re doing amazing! We see your determination,

By Dipo Olowookere The number of severely malnourished children seeking urgent, life-saving treatment is on the rise at a nutritional centre in Somalia supported by the International Committee of the Red Cross (ICRC). Drought is tightening its grip on the Horn of Africa nation, leading to fears of famine. Children under five are the first to suffer. “This rise in child malnutrition is a serious warning sign for Somalia, one that demands both attention and immediate response,” said Jordi Raich, the head of ICRC’s Somalia delegation. Mothers with visibly malnourished children are streaming to the stabilization centre at Kismayo General

By Modupe Gbadeyanka Transactions at the stock market improved last week when compared with the previous week, data from the Nigerian Stock Exchange (NSE) has shown. In the week, 1.3 billion shares worth N13.9 billion were traded by market participants in 19,392 deals compared with 1.1 billion stocks valued at N10.8 billion transacted a week earlier in 20,482 deals. Analysis indicated that the financial services industry led the activity chart by volume with 886.6 million units worth N8.4 billion traded in 10,161deals, accounting for 66.79 per cent and 60.00 per cent of the total equity turnover volume and value respectively.

By Aduragbemi Omiyale Those interested in investing in Lagos State have been assured by the Governor, Mr Babajide Sanwo-Olu, of a business-friendly environment. Mr Sanwo-Olu gave this assurance at the commissioning of the new ultra-modern Ecobank Nigeria head office, the Ecobank Pan African Centre (EPAC), in Victoria Island last week. He said the state government was determined to continue to attract foreign direct investments (FDIs) as it is one of the critical needs of the state and Nigeria at large. The Governor described the Ecobank building as a masterpiece, which he said has a strong connection that will enhance the