Author: Blessed

The GTCO Summer Internship Program aims to give highly qualified and passionate African students abroad hands-on experience in creating cutting-edge solutions that set standards for excellence at home, and the rest of the world. Guaranty Trust Holding Company Plc (GTCO Plc), is a market-leading financial services institution headquartered in Lagos, Nigeria. As a proud African and Truly International Institution, GTCO is fully invested in powering our Continent’s progress and constantly strive to create the best outcomes for our customers and communities. Eligibility Requirements Benefits of GTCO Summer Internship Programme If you’re interested and qualified for this programme, click here to…

PalmPay, a leading pan-African fintech platform, has announced the appointment of Femi Hanson as its new Marketing and Public Relations Head for Nigeria. Hanson, a seasoned marketing expert with a strong track record in the Nigerian fintech industry, previously held leadership roles at OPay and Moni. In his new role, Hanson will be instrumental in propelling PalmPay’s growth in Nigeria, the company’s largest market. With a user base of over 35 million and a network of 1.2 million businesses, PalmPay is well-positioned to further expand its reach and impact in the country. Femi’s deep understanding of the Nigerian market and…

Union Bank of Nigeria, now a subsidiary of Titan Trust Bank, has taken significant steps to alleviate the financial burden faced by its employees. The bank has implemented a substantial 40% salary increase for its over 2,000 staff members, effective November 1, 2024. This decision comes as Nigeria struggles with a persistent surge in inflation, which has eroded purchasing power and significantly increased the cost of living. The salary adjustment aims to provide much-needed relief to employees across all levels, from entry-level positions to executive roles. The increased salaries, including arrears for November, will be reflected in the December 2024…

EdTech, short for education technology, refers to new technological implementations in the classroom. It is no doubt that edtech has numerous benefits such as helping teachers create customized teaching plans and use data to track student progress. EdTech can also make learning more fun and engaging with multimedia content and interactive digital products CcHub and Mastercard Foundation are partnering to empower edtech startups that build tools that enhance learning outcomes and accelerate access to equitable and quality education for Africa’s next generation. Eligibility Requirements for this programme Startups must be Africa-focused and incorporated in Nigeria. They should build solutions that…

The Federal Government through the minister of communications, innovation and digital economy, has announced that an additional 90,000 Nigerians have been selected to participate in the third cohort of the 3 Million Technical Talent (3MTT) program. This expansion aims to further bolster Nigeria’s digital workforce and position the country as a global tech hub. Communications Minister Dr. Bosun Tijani shared the news on his social media handle on X stating that the program is now live and open to new applicants. He encouraged those who have not yet joined the 3MTT community to enroll and acquire in-demand tech skills. The…

Calling all visionary female entrepreneurs across Africa! The 2025 KPMG Female Founders in Africa Competition is your chance to propel your business to new heights. Who are we looking for? Why Apply? Eligibility Ready to Take the Next Step? Head over to the application portal and let’s shape a brighter future for your business. Do you have questions? Contact us at privateenterprise@kpmg.co.ke Access application form here Related articles

NatWest Group PLC, a British banking and insurance holding company, based in Edinburgh, Scotland has taken a decisive step to reduce off-channel communications by blocking popular messaging apps like WhatsApp, Facebook Messenger, and Skype on company devices in the UK. This move follows previous directives urging employees to use only approved channels for business-related conversations.The bank’s decision aligns with broader concerns about the potential misuse of off-channel communication platforms. These platforms, such as WhatsApp, can facilitate private conversations that are difficult to monitor or retrieve, raising concerns about transparency and accountability. By restricting access to these apps, the bank aims…

The National Information Technology Development Agency (NITDA) has issued a crucial advisory to Nigerian WhatsApp users to safeguard their accounts from cyber threats. The agency outlined specific steps to prevent and respond to potential account breaches. This advisory comes as cyberattacks targeting messaging apps, including WhatsApp, have become increasingly prevalent. NITDA aims to raise awareness and empower users to protect their sensitive information. NITDA highlights the value of using WhatsApp’s support tools, such as the “Forgot PIN” and “Request Support” options, for recovery. Should the need arise, group admins may also report the compromised account to WhatsApp for assistance. To…

The Federal Government has launched a comprehensive five-year National Occupational Health and Safety Plan (2024-2028) aimed at enhancing worker safety and productivity. The plan, launched by the Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate, who was represented by the Permanent Secretary, Daju Kachollom in Abuja on Tuesday, seeks to address the growing need for improved workplace health and safety standards in Nigeria. The Minister emphasized the government’s commitment to international labor standards, particularly the ILO conventions on safe working environments and workplace violence and harassment. “Nigeria is a member of the International Labour Organization (ILO), it complies…

Julius Berger Nigeria PLC has appointed Dr. Mohammed Indimi, a prominent Nigerian businessman and philanthropist, as a Non-Executive Director. This strategic move strengthens the company’s board and positions it for continued growth and success. Dr. Indimi, known for his contributions to the oil and gas and financial services sectors, brings a wealth of experience and expertise to Julius Berger. His appointment was approved by the board on November 7, 2024, and took immediate effect. The company’s board expressed confidence that Dr. Indimi’s leadership and insights will be invaluable in guiding Julius Berger’s future endeavors. A recipient of multiple honorary doctorate…

Zenith Bank proudly announces the fourth edition of Zecathon, its renowned Startup Pitch Competition and Incubation Program. Held in conjunction with the Zenith Bank Tech Fair, Zecathon 4.0 seeks to empower and nurture high-impact Nigerian startups across key sectors. To be eligible for the Pitch Competition and Incubation Program, startups must be early-stage Nigerian entities with registered businesses operating in one or more of the designated focus sectors and possess a viable product or Minimum Viable Product (MVP) with demonstrated market traction. Additionally, applicants must present a scalable business model with clear growth potential.. What’s on offer The competition offers…

Africa’s banking giant, United Bank for Africa (UBA) Plc has announced the appointment of Henrietta Ugboh as an Independent Non-Executive Director. This appointment follows the retirement of Owanari Duke from the Group Board. The appointment has been approved by the Central Bank of Nigeria and other relevant regulatory authorities. UBA Group Chairman Tony Elumelu expressed confidence in Ugboh’s ability to contribute significantly to the board. Elumelu also expressed enthusiasm about Ugboh’s appointment, highlighting her strong track record and alignment with the bank’s commitment to robust corporate governance. He stated, “Henrietta Ugboh brings a wealth of experience and leadership skills that…

In a recent announcement, PZ Cussons confirmed the appointment of Mr. Oludare Ebenezer Elusakin as its new Chief Financial Officer. The disclosure dated November 11, 2024, and signed by the company secretary, ALSEC NOMINEES LIMITED, was disseminated to shareholders and the public through the Nigerian Exchange (NGX) concerning this appointment. This appointment became effective on November 11, 2024, following the retirement of the interim CFO, Mr. Brian Egan. The outgoing interim CFO, Mr. Brian Egan, is set to formally leave the company on December 20, 2024. In the disclosure, PZ Cussons’ Board of Directors expressed their appreciation for his service:…

Seplat Energy Plc has announced the exchange rate to be used for the Naira payment of its third-quarter 2024 interim dividend. Shareholders who opt for Naira payments will receive their dividends at a rate of 1,681.42 Nigerian Naira to 1 US dollar. This exchange rate, which reflects the NAFEX closing rate as of November 11, 2024, was disclosed in a regulatory filing on the Nigerian Exchange Limited (NGX). The statement read “Seplat Energy PLC (‘Seplat’ or the ‘Company’), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and London Stock Exchange, today confirms that the below…

The African Development Bank (AfDB) is a leading development institution dedicated to fostering economic growth and social progress across Africa. With 81 member states, including 54 African nations, the AfDB provides financial and technical support for transformative projects that aim to reduce poverty and promote inclusive and sustainable development. This Internship Program is a key component of the AfDB’s Talent Management Framework, designed to equip young professionals with practical experience and contribute to the Bank’s strategic goals. Program Objectives Note: It’s important to note that while the internship program offers valuable experience, it does not guarantee immediate employment at the…

Moniepoint, a leading Nigerian fintech company, has made a strategic move by appointing Bayo Olujobi as the Chief Financial Officer of its microfinance bank subsidiary. Olujobi, a seasoned finance professional with over 20 years of experience, joins Moniepoint from Stanbic IBTC Bank, where he served as the Chief Financial Officer. This appointment comes shortly after Moniepoint’s successful $110 million fundraise and its partnership with the Corporate Affairs Commission to digitize operations for millions of SMEs. “I am really excited to have the opportunity to join Moniepoint at this time. The bank has developed an unparalleled customer proposition across the business…

Are you a young Nigerian entrepreneur with a brilliant idea? The Orange Corners Nigeria Incubation Program is your launchpad to success! Apply now for the 12th Cohort and unlock the power of entrepreneurship. Who can apply? Young Nigerian entrepreneurs aged 18-35 with innovative business ideas or existing businesses seeking growth Ensure all required documents are uploaded, and your business proposal is clearly stated. What you will gain Application Start Date : November 05, 2024 Application ⁠Deadline : December 21, 2024 Visit www.fatefoundation.org/ocn to apply. Related articles

OPay, a prominent financial institution in Nigeria, has solidified its commitment to education by partnering with the University of Ibadan. Through this partnership, OPay will award ₦300,000 scholarships to 20 talented students annually for the next decade. The MOU signing ceremony, held at the University of Ibadan, was attended by representatives from both organizations and scholarship beneficiaries. This initiative underscores OPay’s dedication to fostering academic excellence and empowering young Nigerian leaders. This partnership with the University of Ibadan marks the beginning of OPay’s significant investment in education. The company plans to expand this scholarship program to other renowned institutions, including…

PalmPay, one of the leading fintech platforms in Nigeria, has been honored with the “Most Outstanding Fintech Driving Financial Inclusion” award at the prestigious BrandCom Awards 2024. The BrandCom Awards honour companies and leaders who demonstrate innovation and excellence in branding, marketing, and impact. This recognition from Brand Communicator highlights PalmPay’s significant contribution to promoting financial inclusion in Nigeria. The company has been instrumental in providing accessible and reliable financial services to millions of Nigerians. Since its inception in 2019, PalmPay has been committed to empowering underserved communities by providing innovative tools that simplify financial transactions. Hanson Femi, Head of…

The Bank of Industry (BoI) has officially opened applications for the Federal Government’s N75 billion Micro, Small, and Medium Enterprises (MSME) Intervention Fund. This fund aims to provide much-needed financial support to small businesses across Nigeria. The Nigerian Association of Small Scale Industrialists (NASSI) has welcomed this initiative, recognizing its potential to revitalize the MSME sector. Amina Habu Mohammed, a representative from BoI, announced the start of the application process during a joint press conference with NASSI. The event, held in Abuja, focused on the MoU between the two organizations and the sensitization of MSMEs about the N75 billion fund.…