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 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 Mr Obari Gomba, a playwright, has been announced as the winner of the $100,000 Nigeria Prize for Literature for the 2023 cycle on Drama for his work titled Grit. The prize, sponsored by Nigeria LNG Limited (NLNG), was announced on Friday by Professor Akachi Adimora-Ezeigbo, the Chairperson of the Advisory Board, at the Grand Award Night ceremony in Lagos, themed Redefinition. She also announced Eyoh Asuquo Etim’s entry Herstory versus ‘History’: A Motherist Rememory in Akachi Ezeigbo’s The Last of the Strong Ones and Chimamanda Adichie’s Half of a Yellow Sun as the 2023 winner of The

By Nneka Okumazie How many startups in Africa can say that their existence is the reason a major problem was solved in Africa, for the majority of Africans? Some may easily dismiss this as not being a part of their mandate, but maybe looking at what they do through that lens could make their services more useful to their people. The startup scene in Africa is full of activities, but there is no evidence that those activities are connected to solving major problems on the continent, as most of the problems that Africa faces are still there, or worse, with

By Aduragbemi Omiyale The Director-General of the Nigerian Institute of Policy and Strategic Studies (NIPSS), Kuru, Jos, Plateau State, Professor Ayo Omotayo, has promised to take the institute to greater heights under his leadership. The scholar made this pledge while responding to a congratulatory message sent to him by the Harvest of Talents Foundation (THoTF) established by Mr Rafiu Laguda. THoTF is a non-governmental organisation (NGO) based in the United States of America and Nigeria providing a strong and stable environment for people to discover, grow, develop and maximize their talents. The foundation has developed several initiatives aimed at developing

By Dipo Olowookere West African country, Senegal, has announced plans to use a digital currency in 2017 that will be circulated alongside paper money as legal tender. The digital currency, according to The Paypers, is called eCFA and will be issued by the Banque Régionale de Marchés (BRM). The effort is a joint partnership with eCurrency Mint, a company that helps central banks issue digital fiat currency. Furthermore, it will be accepted by existing payment platforms such as MPesa, a mobile payments platform that allows people to transfer cash on their phones. The e-money will be issued in compliance with

By Dipo Olowookere Public and private schools in Lagos State have been directed to resume on Monday, February 18, 2019 as against Tuesday, February 19, 2019 contained in the earlier reviewed calendar. This followed the postponing of the presidential and National Assembly elections on Saturday, February 16, 2019 by the Independent National Electoral Commission (INEC). As a result of the postponement of the polls, the Lagos State Government effected a change in the school calendar. Deputy Governor of Lagos State, Mrs Idiat Oluranti Adebule, who supervises the Ministry of Education in the state, announced the new change in the calendar

By Dipo Olowookere On Tuesday, an unfortunate incident led to the death of some civilians at an Internally Displace Persons’ (IDPs) camp in Borno State. Several persons, mostly civilians, were believed to have died in the incident, which the Nigerian military has regretted it happened. It is reported that at least 120 people were wounded and 52 killed when a Nigerian air force jet accidentally bombed the IDPs camp in Rann, Borno State. Theatre Commander of Operation Lafiya Dole, Maj. Gen Lucky Irabor, had informed newsmen in Maiduguri that the military conducted airstrike on a location where Boko Haram were

By Ebitonye Akpodigha Chairman of Innoson Nigeria Limited, Mr Innocent Chukwuma, has been charged with a four-count charge bordering on shipping fraud to the tune of N2.4 billion by the Inspector-General of Police, Mr Ibrahim Idris. The suit, marked FHC/L/565c/16 filed, was filed before Justice Saliu Saidu of a Federal High Court sitting in Lagos and has five others as defendants, who are Innocent Chukwuma, Charles Chukwu, Maximian Chukwura, Mitsui Osk Lines and Anajekwu Sunny. According to the police, the accused persons conspired among themselves to unlawfully falsify shipping clearance documents. They were accused of uttering the allegedly falsified shipping

By Aduragbemi Omiyale Three top risks have been identified in Nigeria by Allianz Global Corporate & Specialty (AGCS) in its 12th annual survey of key business risks around the world, according to 2,700+ respondents. In the report made available to Business Post, it was stated that corruption, shortage of skills due to the migration of young Nigerians abroad, and energy are the country’s top risks. These risks, identified through the Allianz Risk Barometer, were grouped under macroeconomic developments, political, and cyber risks. Respondents were questioned during October and November 2022, with a focus on large- and small- to mid-size companies.

By Adedapo Adesanya The ministerial panel of the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) on Wednesday made no changes to the group’s oil output policy. This expected move came after Saudi Arabia and Russia said they would keep voluntary supply cuts in place to support the market. Ministers from the 23-member OPEC+ held an online meeting on Wednesday. The panel, named the Joint Ministerial Monitoring Committee (JMMC), can call for a full OPEC+ meeting if warranted. “The committee will continue to closely assess market conditions,” an OPEC statement issued after the meeting said, adding that the