Applicants under the Scheme shall be graduates of Nigerian polytechnics and universities with first-degree certificate (BSc/HND/ or its equivalent); National Youth Service Certificate (NYSC) discharge or exemption certificate; Certificate of Participation issued by polytechnics and universities evidencing entrepreneurship training; and Not more than 7 years post-NYSC,” the document reads. The …
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We’re Unaware Of Otedola’s Share Acquisitions – FBN Holdings
FBN Holdings Plc has reacted to media reports that billionaire businessman, Mr Femi Otedola, has acquired a significant shareholding in the company. The holding company for First Bank of Nigeria Limited, in a statement signed by its Company Secretary, Seyi Kosoko, and filed with the Nigerian Exchange Limited on Friday, …
Read More »Bamise and Elizabeth Ajetunmobi: Antigua And Barbuda PM Orders Their Arrest
The Prime Minister of Antigua and Barbuda Gaston Browne has ordered the arrest of Bamise and Elizabeth Ajetunmobi, the couple who fled Nigeria after duping investors of over N22 billion. “I have already put systems in place to ensure that if he is not here yet, they could capture him …
Read More »FIRS Proposes Road Infrastructure Funding Scheme For Nigeria
The Federal Inland Revenue Service, FIRS, says it is proposing the introduction of Road Infrastructure Tax in Nigeria, to make the informal sector contribute to building a modern society. Executive Chairman of FIRS, Muhammad Mamman Nami, disclosed this on Thursday while receiving a delegation of the Nigeria Union of Journalists, …
Read More »CBN: Enaira Will Make Government Be Able To Send Payments To Citizens Directly
CBN says governments will be able to send direct payments to citizens using the eNaira The Central Bank of Nigeria (CBN) has stated that the eNaira can serve as a medium for the government to send direct payments to citizens eligible for specific welfare programs. The Central Bank revealed this …
Read More »EFCC Probes Total Nigeria, As Company Hurriedly Retires Top Executives
The Economic and Financial Crimes Commission (EFCC) has launched a probe into alleged bribery and abuse of office involving a top official of Total E&P Nigeria Limited. Following EFCC’s close up, the firm has retired the top Executive. Based on the same bribery allegation an Executive Director was replaced by …
Read More »Payday: Nigerian Favour Ori Breaks Record In Rwanda
Payday, a Pan-African Fintech startup, founded by Nigerian entrepreneur, Favour Ori has become the first Rwandan company to join the prestigious Techstars Toronto Accelerator program. Techstars is an operational investment company that assists founders and early-stage entrepreneurs scale their vision into a thriving business, beginning with the Demo Day at …
Read More »Battle Of The Year Dance Show: Glo Announces ₦84 Million Naira Prize Money
How to win up 84m at the biggest hip-hop dance show At the world’s biggest hip-hop dance show, the winner will receive N84 million cash, and an opportunity to represent Nigeria at global dance competitions. The Battle of the Year is an annual international breakdancing competition that began in Germany …
Read More »EndSARS: Insurance Companies Unveil Report, Pay ₦9 Billion Claims
Insurance companies under the aegis of the Nigerian Insurers Association have paid N9bn in claims to customers who suffered losses during the public protests against police brutality, also known as #EndSARS protests, in October last year. Lootings, destructions and deaths had marred the #EndSARS protests. Meanwhile, as various groups plan to stage memorial protests …
Read More »Nigerians Criticise CBN’s Reliance On Dangote Refinery To Fix Naira’s Free Fall
SCORES of Nigerians have criticised the Central Bank of Nigeria (CBN)’s reliance on Dangote’s refinery to address the depreciating naira. This is coming on the heels of a public disclosure by the CBN Governor Godwin Emefiele, during a foreign investors’ meeting held at the weekend in New York, that the …
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