Globacom has announced the return of 22X offer which gives all its prepaid customers 22 times the value of every recharge from N100. It explained that the 22X offer was a prepaid plan created to reward customers with amazing data and voice benefits every time they recharge their Glo lines, and was meant to allow […]

The number of Nigerians active in the labour force plunged by 20 million between 2018 and 2020, the World Bank has said. The bank said this in a report titled ‘Of roads less travelled: Assessing the potential for migration to provide overseas jobs for Nigeria’s youth.’ It said prior to the significant drop in active […]

A movement for today’s Woman, SheCan Nigeria has announced the third edition of its women conference which is geared towards empowering, uplifting and presenting life-changing opportunities for Nigerian women and girls. Partnering the movement for this year’s conference is foremost financial institution, Wema Bank and Vento Furniture to support the realisation of the conference’s objectives. […]

The Stanbic IBTC Purchasing Managers Index has shown that the private sector growth in Nigeria moderated as headline PMI went down from 54.4 in May to 53.6 in June. For PMI, readings above 50.0 signal an improvement in business conditions on the previous month, while readings below 50.0 show a deterioration. The report said the […]

The Airline Operators of Nigeria (AON) has commended the federal government for its swift response in removing 7 per cent surcharge on imported aircraft and spares. The Vice Chairman of AON and Chairman and CEO of Air Peace, Allen Onyema stated this in a chat with newsmen in Lagos. He frowned at media distortion of […]

Nigerian Breweries Plc has announced a partnership with fashion designer, Mai Atafo, and photographer, Kelechi Amadi, to train awardees in its empowerment programmes. The drink maker currently runs two initiatives, ‘Isedowo’ and ‘Progress Booster’ positioned to support consumers who are business owners and professionals within the Nigerian informal sector with grants, loans, and access to […]

The Central Bank of Nigeria (CBN) yesterday disclosed that its much-anticipated digital currency will be launched on October 1. CBN Director, IT Department, Mrs. Rakiya Mohammed, revealed this during a private webinar, explaining that the banking sector regulator had been conducting research towards the launch of digital currencies since 2017. She added that the central […]

Nigeria is currently going through one of its worst unemployment crises in recent times, a new report by the World Bank has stated. The multilateral institution also noted that the socio-economic challenges facing Nigerians in the last 10 years have led to an astronomical increase in the number of citizens seeking asylum and refugee status […]

AXA Mansard Insurance Plc, a member of the AXA Group, has emerged the winner of the ‘Most Innovative New Digital App of the Year’ award in the insurance section of the Annual Global Business Outlook Awards 2021. A statement on Wednesday said the winning app, MyAXA Plus, allowed registered and unregistered users to generate instant […]

Ecobank Nigeria has said it is joining the rest of the country to celebrate Nigerians in the diaspora by making transactions on its proprietary money transfer app, Rapidtransfer, free of charge from July to October. A statement from the bank on Wednesday said this was in commemoration of this year’s National Diaspora Day event. The […]