Semicolon Obtains $1.2m to Further Bridge Tech-skills Gap

By Bliss Okperan The resumption date of the National Diploma (ND) 2 students of the Nigerian Institute of Journalism (NIJ) in Ogba, Lagos, has been postponed by the management to January 2024. The affected students, who are currently undergoing their mandatory Students Industrial Work Experience Scheme (SIWES), were earlier scheduled to resume for the 2023/2024 academic session on Monday, December 18, 2023. However, information gathered by Business Post from the Student Affairs Officer, Mrs Esther Eke, confirmed that this date has been moved forward to next year after discussions. According to her, the decision to shift the resumption date was

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 Nobel Prize in Literature has been awarded to Norwegian writer, Mr Jon Fosse, for “his innovative plays and prose, which give voice to the unsayable,” according to the Royal Swedish Academy. One of his country’s most-performed dramatists, Mr Fosse, 64, has written some 40 plays as well as novels, short stories, children’s books, poetry and essays. Learn more about the 2023 #NobelPrize in Literature: https://t.co/dVT9QJr7PM — The Nobel Prize (@NobelPrize) October 5, 2023 Mr Mats Malm, permanent secretary of the academy, announced the prize Thursday in Stockholm. Mr Malm said he reached Fosse by telephone to

By Kestér Kenn Klomegâh Parliamentarians from Russia and Africa discussed issues of development of economic cooperation during the first day of their conference March 19 to 20, in Moscow. The objectives of the conference are to strengthen parliamentary cooperation with African countries in the conditions of formation of a multipolar world, to develop relations and develop common approaches to legal regulation in the economy, science and education and security. Round table discussions on the topic “Legislative Response to Economic Challenges” was held as part of the International Parliamentary Conference Russia-Africa events. First Deputy Chairman of the State Duma, Alexander Zhukov,

By Aduragbemi Omiyale Efforts are being made by Fidelity Bank Plc and Linda Ikeji Blog (LIB) TV to create a long-term platform aimed to educate, support and empower women entrepreneurs in Nigeria. Last week, the CEO of LIB TV, Ms Linda Ikeji, was at the head office of Fidelity Bank in Lagos on a courtesy call to the CEO of the financial institution, Mrs Nneka Onyeali-Ikpe. During the visit, the duo not only explored business opportunities but discussed ways to lend their voice to the ongoing conversation about women empowerment. The two beautiful amazons and consummate professionals in their respective

By Taiwo Omilani The Lagos Chamber of Commerce and Industry (LCCI) has stressed the need for the Central Bank of Nigeria (CBN) to have a broader view of the economy, supporting sectors outside the manufacturing and agriculture. President of the LCCI, Mr Babatunde Ruwase, gave this charge on Thursday at a press conference held in Lagos to address state of the nation. According to him, the apex bank should have a broader view of the economy as sectors other than the real sector also have tremendous impact on the economy, and in fact complements the real sector, which is why

By Dipo Olowookere The board of Capital Hotels Plc has announced the creation of an escrow account for the payment of about N1.6 billion to minority shareholders of the company. The hospitality firm is leaving the Nigerian Exchange (NGX) Limited after years on the nation’s main stock exchange. In a notice signed by Alex Ugwuanyi, the organisation said the account was created with CardinalStone Registrars Limited and has been sufficiently funded for payment “to shareholders” who “have accepted to exit” the firm by selling their holdings. Recall that in March 2023, shareholders of Capital Hotels approved the request of the

By Adedapo Adesanya The United States Agency for International Development (USAID) has launched a two-year $9.5 million Advancing Nutrition Activity to improve the nutritional health of citizens in three states – Bauchi, Kebbi, and Sokoto. The nutrition programme will address the immediate and underlying causes of malnutrition, provide technical support, share innovations, and conduct research to improve nutritional outcomes. According to a statement on Monday, the launch, which was held on March 29, was also an opportunity to showcase the USAID/Nigeria Multi-Sectoral Nutrition Strategy (2020-2025) developed in partnership with the Nigeria government and other key stakeholders. Food insecurity and malnutrition

By Dipo Olowookere There is a possibility of seeing a new change in the shareholding structure of a notable ground handling company in the country, Nigerian Aviation Handling Company (NAHCO) Plc. This is because investors last week, concluded the transfer of about 16.75 percent equity stakes in the firm on the floor of the Nigerian Stock Exchange (NSE) in an off-market deal. As off-market, negotiated cross deals, it means that the deals were not subjected to the dynamics of price discovery for the particular period. Off-market trade implied that the deal was sealed outside the floor of the NSE. According

By Modupe Gbadeyanka Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Thursday visited President Muhammadu Buhari at the Presidential Villa, Abuja. The embattled apex bank chief, during the visit, held a closed-door meeting with Mr Buhari for about 30 minutes. However, when he emerged from the meeting, he declined to speak with State House Correspondents about what he discussed with the President. It was his first public appearance since he resumed duty this week after about a month away from the country to the United States with President Buhari for the US-Africa Summit. Recently, it was

**As Foreign, Domestic Transactions Rise By Dipo Olowookere The value of transactions carried out on the floor of the Nigerian Stock Exchange in the year 2017 recorded a significant growth, rising by 68.25 percent, Business Post has learnt. Since 2011, foreign transactions have consistently outperformed domestic transactions, but in 2016 and 2017, domestic transactions marginally outperformed foreign transactions, accounting for 52 percent of the total transaction value in 2017. According to a report released by the local bourse, the aggregate value of transactions from January to December 2017 increased significantly from N1.511 trillion recorded in 2016 to N2.543 trillion in