Author: Esther Aye

Aye Esther is a news reporter and writer at News VEO. She covers occurrences in the political space and the world of finance.

Methodist High School, Ibadan Old Boys Association, Oyo State, has asked that the school be turned over to its alumni. At the first-ever Mega Reunion Gala Night in 62 years, held at Adeline Hall, Lead City University, Ibadan, under the theme “Education, Innovation and Possibilities for a Better Nation,” the former students, who came from various parts of the world, were delighted to see each other again after leaving or splitting up during secondary school. Olalekan Abioye, president of MHSIOBA, welcomed the crowd and urged the state government to turn over management of the school to the association(MHSIOBA) to oversee…

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Pre-primary school, can be refer to the nursery or creche, is a type of childcare for kids ages three to five. Its main focus is on intellectual development within a developmental framework that also fosters physical, social, and emotional development. It fostering economic growth can be effectively achieved by providing equitable pre-primary education. “Out of all the education sub-sectors, pre-primary education has the highest return on investment,” in comparison to basic, intermediate, and postsecondary education, it receives the least portion of government funding according to the United Nations Children’s Fund (UNICEF). A good pre-primary education lays a solid foundation for…

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The Federal Government of Nigeria has declared the immediate suspension of Liquefied Petroleum Gas (LPG) exports in an attempt to slow down the rising cost of cooking gas. Minister of state for petroleum resources Ekperikpe Ekpo made the announcement during an “Internal Stakeholders’ Workshop” in Abuja. He explained that the action is a part of a strategic effort to increase LPG availability within the domestic market, to lessen the financial burden on consumers due to rising prices. According to Ekpo, talks are still going on with important parties including the Nigerian Midstream and Downstream Petroleum Regulatory Authority and big players…

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Senator Ali Ndume The Chief Whip of the Senate stated that the Federal Government is getting more revenue to support its 2024 budget, rather than losing out on the naira’s fall against the dollar. In an interview with Channels Television on Wednesday, he discussed the reasons behind the naira’s ongoing devaluation in relation to the dollar. The Chief Whip said that when the value of the dollar rose, the government would have more naira to spend on its expenses. Ndume claims that the 2024 budget, which was revealed in November, is significantly dependent on dollars for revenue because the government…

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To lessen the nation’s cost of living crisis, Lagos State Governor Babajide Sanwo-Olu announced on Thursday that his administration will be cutting back on the number of working days for public employees. During the media debate on economic hardship, Sanwo-Olu stated, “We want to start with our public servants, immediately from next week. Civil servants from the lower level will be working like three times a week and level 15-17 can work four times in a week.” He went on to say that his administration would create more markets where Lagosians could purchase food at reduced prices in response to…

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Moses Efuntoye, a professor of microbiology, has issued a warning against using herbal products carelessly, pointing out that many of them are harboring microbes resistant to antibiotics that are extremely dangerous for human health. He lamented the fact that many Nigerians are being forced to seek herbal remedies as an alternative due to the global economic slump and rising medical expenses. The professor of microbiology remarked at the 116th inaugural lecture of Olabisi Onabanjo University in Ago Iwoye, Ogun State, stated that numerous investigations have revealed that many of these herbal medicines include fungal mycotoxin, which not only increases antibiotic…

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The Ministry of Power’s attempts to raise the price of power have been met with resistance by the Senate. The Senate, mindful of the current state of affairs in the nation, also rejected attempts to eliminate electricity subsidies. The Senate’s resolution came after it had considered and approved a motion made in plenary by Senator Aminu Abbas (PDP, Adamawa Central) regarding the necessity of keeping the nation’s electricity subsidies in place for the foreseeable future. At a news conference in Abuja last week, Nigeria’s Minister of Power, Adebayo Adelabu, revealed that the country was unlikely to continue receiving the existing…

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To address the current food crisis and the widespread hunger plaguing the nation, the United States has encouraged the Federal Government to prioritize investment in agriculture. Speaking on Wednesday at Ipao Ekiti, in the Ikole Council area of Ekiti State, David Greene, the US Charge d’Affaires in Nigeria urged Nigeria to utilize its plentiful agricultural potential, fertile soil, and favorable weather endowments to provide food for the populace, generation of job opportunities as well as for export during a visit by the US Embassy to the 15,000 hectare Agbeyewa Farms, a private initiative of Cavista Holdings. Speaking to the federal…

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Nigerian fintech startup PiggyVest has pushed for coordinated initiatives to improve financial integrity, literacy, and inclusiveness across the country. This was revealed at a casual roundtable discussion hosted by PiggyVest in Lagos, where leaders of the Nigerian fintech industry spoke about the country’s financial environment. The co-founder and chief operating officer of PiggyVest, Odun Eweniyi, emphasized the urgent need for financial literacy instruction and urged cooperation between humanitarian organizations, governments, and fintech companies. “I don’t know how we’re going to do it, but collaboration is the first point to getting started,” she remarked, referring to the enormous scope of the…

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The number of fragrance brands available on Nigeria’s perfume shelf increased recently, following the development and public introduction of Riggs London by Confetti Group.Confetti Group’s founder and CEO, Ori Leslau, stated at a private briefing in Lagos that the company meets the unique needs of customers in each of its 30 global regions, and that West Africa is no exception. “Our teams work extremely hard to help you do both, creating fragrances that are not just a product to consume but also a personalized expression of identity and culture. Feeling great and smelling good go hand in hand.” Taking advantage…

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