MAUSTECH: Amosun Allays Fears of MAPOLY Students

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 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 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 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 Modupe Gbadeyanka The first trading week of 2018 on the floor of the Nigerian Stock Exchange (NSE) ended positive with the All-Share Index and market capitalization appreciating by 1.78 percent to close the week at 38,923.26 points and N13.851 trillion respectively. Similarly, all other indices finished higher during the week with the exception of the NSE Premium, NSE ASeM and NSE Lotus II indices, which depreciated by 0.58 percent, 1.44 percent and 0.82 percent respectively. During the four trading sessions in the week as a result of the public holiday declared by the Federal Government in commemoration of the

By Adedapo Adesanya President Muhammadu Buhari has tasked the Bureau of Public Procurement (BPP) under the leadership of its Director-General, Mr Mamman Ahmadu, to raise the agency’s procurement standard to compete favourably with the rest of the world and get the best results in implementation standards. The bureau is the regulatory authority responsible for the monitoring and oversight of public procurement, harmonizing the existing government policies and practices by regulating, setting standards, and developing the legal framework and professional capacity for public procurement in Nigeria. According to a statement by Mrs Janet McDickson, BPP’s Head of Media, Mr Mamman informed

By Adedapo Adesanya LeapFrog Investments (LeapFrog) and Tana Africa Capital (Tana) have invested in Interswitch, one of Africa’s technology-driven companies focused on the digitisation of payments. In a joint statement from both companies, the exact amount was not disclosed, but it was stated that the investment will assist in supporting the company’s drive to advance the payment ecosystem across the continent. A portion of the investment has been acquired from existing shareholders, with Ignite Holdco Limited, made up of Helios Investment Partners and TA Associates, remaining the largest shareholder in the business following the transaction. Interswitch Group CEO, Mr Mitchell

By Dipo Olowookere Officers and men of the Nigeria Customs Service (NCS) have been assured of better logistics packages, which will assist them discharge their responsibilities dutifully. The NCS Assistant Controller General (ACG) in charge of Zone ‘A’, Aminu Dahiru, stated this while addressing officers of the command shortly after inspecting a guide of honour parade at the command’s office in Abeokuta, the Ogun State capital. The ACG, who is on duty tour of the Ogun Area Command of the service, disclosed adequate provisions have been made for logistics in the 2018 budget. The customs boss stated that once the

Heineken, the world’s leading international premium beer, in its ongoing attempt to enhance the cities of the world, brings the third edition of its cities campaign to Nigeria. This year’s campaign tagged ‘Shape your City’ is aimed at transforming great cities while broadening the imagination of the new generation city dwellers, inspiring them to contribute their quota to improving their cities. To achieve the #ShapeYourCity campaign, Heineken Nigeria partners with City Shapers, individuals known for using their skills in creating one-of-kind experiences to make their cities more enjoyable for dwellers. They are urban visionaries who have by small actions of

The battle for the 2021 AFCON is over and the highest-ranked African nation, Senegal, has finally bagged the African title after years of failure. This one was definitely their time, after falling at the last hurdle in the 2019 and 2002 editions. They overcame a slow start to the competition, and an early penalty miss in the final, to see off record-holders Egypt. This win is Senegal’s, and the manager Aliou Cisse too, after losing two finals, as a player in 2002 and coach in 2019. It is the rebirth of a new golden generation after the 2002 team failed

By Dipo Olowookere The nearly two-year suspension placed on the shares of Ikeja Hotels Plc has finally been lifted by the Nigerian Stock Exchange (NSE). Consequently, equities of the hospitality firm can now be traded by investors on the floor of the NSE from Monday, May 21, 2018. Executive Director in charge of Regulation at the stock exchange, Ms Tinuade Awe, in a ‘facts behind the restructuring’ document she released, explained that the suspension was removed after the company addressed some issues the regulator raised. “We are satisfied with the work the Ikeja Hotels has done till date. “This is

By Adeniyi Ogunfowoke Planning a wedding is not a child’s play whether you engage a wedding planner or not. It is very challenging and demanding because it requires thorough planning and of course money. The funds you have will go a long way in determining your type of wedding. But since Nigerians love weddings and it is once in a lifetime, they go all out and they don’t mind breaking the bank. Regardless, if you are not careful, you will make some monumental money mistakes when planning your wedding. Not to worry, Jumia Travel, the online booking agency identifies some