Math Teacher’s Daughter Sets Record In Cowbellpedia Mathematics TV Quiz

By Bliss Okperan and Precious Olisa Students of Tai Solarin University of Education (TASUED) in Ijebu Ode, Ogun State, have staged a peaceful protest against the hike in tuition fees by the management. The aggrieved students gathered at the school’s premises to express their dissatisfaction over the development, calling on the authorities to reverse the action. As reflected on the institution’s portal, new students are expected to pay N230,000 for the 2023/2024 session compared with the previous fee of N76,500, representing about 200 per cent, while the returning students are to pay N180,000, about 135 per cent higher than the

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 Adedapo Adesanya Nigerian e-book distribution startup, OkadaBooks, which allows users to bypass traditional publishers and publish their stories, will shut down by the end of this month. In a message seen by Business Post on Monday, the platform, which was established by Mr Okechukwu Ofili, said, “After much consideration and reflection, we have come to a difficult decision, OkadaBooks will be closing its virtual doors on November 30, 2023.” The statement added that, “This has not been an easy choice. We’ve explored various avenues to keep our virtual bookshelves alive, but, unfortunately, the challenges we face are insurmountable.” Mr

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

There are strong indications that one of the biggest domestic airlines in Nigeria, Aero Contractors, may push some of its employees into the labour market. This is because the company is battling with financial crisis, which is worsening by the day. Due to the problem, Aero Contractors is said to be having discussions with aviation unions on how to cut down on the number of workers in its employ. Last week, the airline reportedly had a meeting with officials of the Air Transport Services Senior Staff Association of Nigeria (ATSSSAN), where the issues on ground were tabled before the union.

By Adedapo Adesanya The World Bank has projected a surge in the inflation rate in Nigeria following the removal of fuel subsidy and the floating of the Naira by the administration of President Bola Tinubu. Nigeria’s inflation rose by 22.41 per cent last month, according to a new figures released by the National Bureau of Statistics (NBS) on June 15. It was higher than the 22.22 per cent recorded in April 2023. Speaking at an event organised by the World Bank to assess the nation’s economy in the last six months on Tuesday, the Country Director for Nigeria, Dr Subham

By Adedapo Adesanya The United States will join the likes of Nigeria, India, and Thailand, among others, with a banking system that supports instant payments following plans by the US Federal Reserve to roll out its FedNow Service. The US is the largest economy in the world but it has one of the most rigid banking systems in the world as banking services are mostly conducted within business hours. This means that even if a transaction is done within seconds, it may take hours or several hours for the receiver to get the funds. Money-moving apps like Venmo, Zelle, and

By Adedapo Adesanya The Committee for the Protection of Peoples Mandate (CPPM) has lauded the Independent National Electoral Commission (INEC) for ensuring adequate Permanent Voters’ Card (PVC) collection, especially at the ward level. In a statement made available to Business Post by Mr Nelson Ekujumi, its Executive Chairman, the committee said it mobilized its personnel to observe the process in Lagos State and also monitored reports via the media and other sources, and as a result, it is “confidently passing a vote of confidence on INEC for its professionalism and dedication to the seamlessness of the process.” “We make bold

By Adedapo Adesanya The Federal Government of Nigeria has recruited and trained 8,000 personnel of the Federal Road Safety Corps (FRSC) to safeguard highways in the country. The Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, said on Tuesday in Abuja while decorating the new FRSC Corps Marshal, Mr Dauda Biu, with his new rank. He said that the injection of the personnel into the system was among the numerous support that the FRSC received since the inauguration of President Muhammadu Buhari’s administration in 2015. Mr Mustapha said that several interventions were targeted at reducing the high

By Modupe Gbadeyanka On Monday, June 3, 2019, federal government commenced the issuance of the second tranche of its green bond programme to investors. In the series II of the exercise, N15 billion worth of the papers were offered for sale with a tenor of seven years at 14.40 to 14.50 percent per annum. A circular released by the Debt Management Office (DMO), which is coordinating the auction, said subscription would close on Monday, June 10, 2019, with the settlement date fixed for Wednesday, June 13, 2019. Business Post reports that financial advisers/issuing houses for the sale are Chapel Hill

The Global Legal Entity Identifier Foundation (GLEIF), the independent global body responsible for coordinating the issuance and management of Legal Entity Identifier (LEI) has completed its Annual Accreditation Verification (AAV), upholding Central Securities Clearing System (CSCS) Plc as the sole Local Operating Unit (LOU) for Nigeria. The annual certification exercise, a thorough process instituted by GLEIF, is an assessment exercise aimed at monitoring and accrediting the compliance and performance of all LOUs, globally. In his report, the Chief Executive Officer of GLEIF, Mr Stephan Wolf, GLEIF, commended Nigeria’s capital market infrastructure for its adherence to global standards in issuance, administration

By Modupe Gbadeyanka The Nigerian Stock Exchange (NSE) closed on Tuesday bullish after increasing by 1.26 percent to its extend upward movement. Specifically, the market capitalisation added N163.4 billion to finish at N13.1 trillion, crossing the N13 trillion mark for the first time in months. The All-Share Index (ASI) increased today by 474.18 points to settle at 37,999.56 points, nudging the YTD gain to 41.40 percent. Unlike the previous day, the market breadth closed positive today with 30 advancers versus 20 decliners. However, just like yesterday, the volume and value of shares traded by investors finished lower with a total