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UBA unveils braille account form for visually impaired people

The UBA Braille Account Opening Form is a first-of-its-kind effort in the Nigerian and African markets, created exclusively to meet the financial needs of the visually impaired, introduced by the United Bank for Africa. Vanguard reported that up until now, this special segment of society has suffered, but UBA has now amply proven its unwavering commitment to […]

Reps demand three-year validity for JAMB results
News

JAMB: Why Nigerian students don’t enrol for education courses

The Joint Admissions and Matriculation Board has reported that the choice of education-related courses available at tertiary institutions remains minimal, despite the introduction of additional incentives to enhance the country’s conditions of service for teachers. According to Nigerian Tribune, despite 111,176 vacancies, just 52,702 individuals applied for education-related courses in the 2023 Unified Tertiary Matriculation […]

Support, don't attack Dangote, Peter Obi tells critics
Opinion

Why govt must prioritise MSMEs – Peter Obi

Kazeem Owoseni     As the World Micro, Small and Medium Sized Enterprises Day is being marked all over the world on Tuesday, the 2023 Presidential candidate of the Labour Party, Peter Obi, had called on the Government of all levels in Nigeria, to fund MSMEs in the country, to boost the economy of Nigeria. […]

Ban on styrofoam, satchet alcohol to worsen employment - NECA
Business featured

NECA urges FG to increase forex inflow

The Nigeria Employers Consultative Association has urged the Federal Government should take a multifaceted approach, including dealing with oil theft, to increase foreign exchange inflows and strengthen the Naira. According to Vanguard, in a press conference announcing the upcoming 2nd edition of the Employers’ Summit in Lagos yesterday, the Director General of NECA, Mr. Wale-Smatt Oyerinde, suggested […]

Ukraine to send 25k tons of grains to Nigeria
Business

Ukraine grain agreement critical for Africa – UN

The United Nations stated on Monday that the Ukrainian grain export agreement, which may fall apart in a matter of weeks, is crucial for the millions of people living in the Horn of Africa, some of whom are already starving. According to Arab News, unless Russia agrees to its renewal, the Black Sea Grain Initiative, which […]

Digital bank Eyowo to cut 11% of its employees
Banking

Digital bank Eyowo to cut 11% of its employees

A digital bank, Eyowo, has announced that it will lay off 11% of its staff as the company undergoes internal restructuring. This was revealed in a formal statement released on Monday and made public via its Twitter account. The statement says, in part: “We are changing course to become a financial technology platform that offers financial connectedness and […]

News

KPMG to cut 5% of its US staff

In response to “economic headwinds, coupled with historically low attrition,” a KPMG representative announced on Monday that the Big Four accounting giant is firing 5% of its U.S. workforce. According to Reuters, at the end of its most recent fiscal year, which ended on September 30, the company had nearly 39,000 employees working there. The first […]

AEDC refutes tariff increase reports
News

AEDC refutes tariff increase reports

The Abuja Electricity Distribution Company has stated that, contrary to media claims, it has not raised electricity pricing. Nairametrics reported that some media outlets stated that AEDC had announced an upcoming tariff rise despite not having received NERC’s approval. The announcement also coincided with energy experts’ expectations that electricity rates will rise as a result of the controlled […]

Delta govt urges FG not to sack pipeline surveillance companies
News

Shell pipeline spill pollutes Niger Delta’s farms, river

The Niger Delta, which has long suffered from environmental pollution brought on by the oil industry, has recently seen an oil spill at a Shell plant in Nigeria that has contaminated farmlands and a river, disrupting the livelihoods of fishing and farming populations there. The Trans-Niger Pipeline, which is run by Shell and passes through communities […]

Discos failed to remit N208bn in 2022- FG
News

Discos failed to remit N208bn in 2022- FG

      The Federal Government has reported that in 2022, power distribution companies failed to remit N208.8bn to the Nigeria Electricity Supply Industry. The Nigerian Electricity Regulatory Commission’s Fourth Quarter 2022 Report, along with reports from the preceding quarters, indicate that the Discos failed to make full remittances during this period. The Discos refer […]

Business

How debt servicing increased to N1.24tn in Q1 2023 – Report

Nigeria’s debt servicing costs rose by 55.71% to N1.24 trillion in just three months. According to The Punch, data from the Debt Management Office shows that between October and December 2022, Nigeria spent N406.77 billion on servicing domestic debt and N143.74 billion on servicing overseas debt, for a total of N550.51 billion. However, between January […]

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