Oyo Government Absorbs 2,000 Teachers

By Bliss Okperan The West African Examinations Council (WAEC) has announced that it has discarded the use of the paper and pencil test model and has adopted the Computer-Based Test (CBT) for the Senior School Certificate Examination (SSCE). In a statement obtained on Monday by Business Post, it was disclosed that this system will become effective from February 2024. In the statement signed by the acting Head of the Public Affairs Unit at WAEC, Ms Moyosola Adesina, the examination body said it adopted this mode to meet up with the latest global system. “In line with global best practices, the

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 Bliss Okperan The University of Osun State (UNIOSUN) has set a goal to achieve a spot in the 10 top universities in Nigeria by 2026. The Vice Chancellor of the institution, Prof. Clement Adebooye, while speaking on Friday at the main campus of the university in Osogbo, said the management also intends to make the school one of the 25 best in Africa in three years’ time. According to him, the management has begun to implement the strategies designed to meet this target, including providing a peaceful academic environment for students and others. He expressed the commitment of 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 The Nigerian government has partnered with the United Nations Children Fund (UNICEF) to launch the Nigeria Learning Passport (NLP), an online, mobile and soon-to-be offline learning platform that will provide continuous education to 3 million learners in 2022 alone, and a total of 12 million by 2025. The initiative was designed for pre-primary, primary and secondary school learning. Children, youth and teachers can access a digitalized curriculum providing learning materials in all core curriculum subjects for Primary One to Six, and all Junior and Senior Secondary School classes. A learner can register on the platform using any

By Adedapo Adesanya The duo of NASD Plc and Central Securities Clearing System (CSCS) Plc sank the NASD Over-the-Counter (OTC) Securities Exchange by 0.04 per cent on Thursday, November 23. They caused the NASD Unlisted Security Index (NSI) to lose 0.35 points at the close of transactions, ending at 845.81 basis points compared with Wednesday’s closing value of 846.16 points. Also, the market capitalisation of the exchange went down by N460 million to remain relatively flat at N1.147 trillion. During the session, NASD Plc shed 65 Kobo to end the day at N12.65 per share versus the midweek session’s N13.30

By Adedapo Adesanya Nigeria remained the most dominant force when it came to funding raised in 2022 as the country saw a total of $1.2 billion injected by investors in startups, according to estimates seen by Business Post. In a report, Africa: The Big Deal, Nigerian startups, in the year under review, saw 286 deals worth more than $100,000. This is even as there was a 29 per cent drop in funding into the country compared to $1.7 billion recorded in 2021. For context, Nigeria recorded $440 million in 2020 and $704 million in 2019. The country recorded two $100

By Dipo Olowookere An International Public Sector Accounting Standards (IPSAS) compliant accounting software suite called ‘OneBook’, which will enhance Public Sector Financial Management, Analysis and Performance Reporting has been launched by the Federal Government. The new software is aimed at enhancing efficiency, accountability, and transparency and it offers a complete solution that allows for standardization and seamless exchange of information across all tiers of government by providing a unified accounting and reporting solution across key areas like government expenditure, financial, treasury and receipts management, is part of the ongoing measures to improve Public Financial Management across all levels of government.

By Modupe Gbadeyanka As a result of her hard work and dedication to the company, Mrs Ngozi Ola-Israel has been appointed as the Chief Financial Officer (CFO) of Axa Mansard Insurance Plc. This information was made known by the firm in a statement issued recently. The appointment of Mrs Ola-Israel followed the promotion of the erstwhile occupier of the position, Mrs Rashidat Adebisi, as the company’s new Divisional Head in charge of Retail Business. Before joining AXA Mansard Insurance Plc in 2014 as Head of the Financial Control Group, Mrs Ola-Israel spent seven years at PriceWaterHouseCoopers (PwC) as team lead

By Investors Hub The major U.S. index futures are pointing to a higher opening on Tuesday following the mixed performance seen in the previous session. Stocks may benefit from optimism about the economic impact of the tax reform bill approved by Senate Republicans over the weekend. With the vote to approve the bill, lawmakers from the Senate and House will need to go to conference to work out differences in the bills passed by the two chambers. Stocks turned mixed over the course of the trading session on Monday after an initial move to the upside. While the Dow reached

Explore the societal and economic effects of gambling, along with proposed solutions to address associated challenges effectively. Gambling’s social and economic implications have long been a source of discussion. Many people see this as a means to relax and unwind, while others are harshly critical of this activity because of the potential for addiction. There is, however, no objective way to evaluate the social and economic effects of gambling because all judgments are subjective. Depending on whether you approach this examination from a global or personal perspective, the results may be different. Although some people find gambling to be a

By Adedapo Adesanya Nigerian wireless internet service provider, Tizeti, has announced the securing of an unnamed senior debt facility from Chapel Hill Denham’s Nigeria Infrastructure Debt Fund that will be used to finance the rollout of its state-of-the art broadband network across 15 states in Nigeria. In a statement seen by Business Post, the company said it has been granted long-term financing by the investment company’s fund and will deploy the debt to build new internet infrastructure and purchase additional equipment to expand its services to Delta, Akwa Ibom, Cross River, Abia, Anambra, Imo, Enugu, Abuja, Kano, and Kaduna. Tizeti