Author: Ifetayo Adeniyi

FG approves N15b for flood as rain begins – NEMA Bola Tinubu FG approves N15b for flood as rain begins – NEMA The Federal Government on Friday said that has approved ₦15 billion for the National Emergency Management Agency (NEMA) to prepare for floods as the rainy season kicks in. “This is one of the first proactive decisions by the government to prepare for the flooding season,” Vice President Kashim Shettima noted during a meeting of the Presidential Food Systems Coordinating Unit (PFSCU) Steering Committee at the Presidential Villa, Abuja. This came as the government said it is set to…

Visa Waiver Program: Citizens eligible to visit US without visas Visa Waiver Program: Citizens eligible to visit US without visas 43 countries can now visit the United States for up to 90 days without a visa, thanks to the Visa Waiver Program (VWP). Nonetheless, travellers must meet specific requirements and obtain approval through the Electronic System for Travel Authorization (ESTA) before boarding their flight. ESTA is an online system managed by US Customs and Border Protection that determines eligibility for visa-free travel under the VWP. It’s important to note that the stay must not exceed 90 days, and travelers…

Labour union to enhance worker performance with digital skill Bola Tinubu Labour union to enhance worker performance with digital skill. President Bola Tinubu has tasked labour union to equip workers with digital skills as work evolves globally. The President also pledged to continue to prioritise education, vocational training and digital literacy initiatives. He also restated his administration’s commitment to protect workers’ rights, eliminate exploitation and promote safe working conditions for workers. Tinubu spoke in Abuja on Friday at the inaugural quadrennial delegates conference of the Trade Union Congress of Nigeria (TUC) with the theme: “The future of work- Ensuring fair…

How Stephen Akintayo defends $18k mentorship programme Dr Stephen Akintayo How Stephen Akintayo defends $18k mentorship programme Dr Stephen Akintayo, chairman of real estate company Gtext Holdings and investment coach, has defended his $18,000 mentorship programme following heavy criticism on social media. The programme was announced earlier this week on Facebook. It promises participants access to exclusive investment opportunities, monthly one-on-one coaching, networking events, and all 45 of his published books, among other benefits. “If you ever wanted to be mentored by me, here’s the best news you’ll see today,” Akintayo wrote in his announcement. “For the first time ever,…

UBA Shareholders Approve Final Dividend of N3.00 Per Share, Tony Elumelu as Chairman Re-elect. Tony Elumelu UBA Shareholders Approve Final Dividend of N3.00 Per Share, Tony Elumelu as Chairman Re-elect. UBA shareholders have approved a final dividend of N3.00 per share for the 2024 financial year during the bank’s 63rd Annual General Meeting held in Abuja. Combined with the N2.00 per share interim dividend paid in October 2024, shareholders will receive a total dividend of N5.00 per share, representing a payout ratio of 26.6 percent. During the meeting, shareholders also re-elected Mr. Tony Elumelu as chairman of the board of…

Verve Connects Millions to Seamless Digital Payments Across West Africa, Expands Into UEMOA L–R: Paul Ohakim, Vice President, Issuing and Acquiring (Africa), Verve International; Penda Toure, Head of Commercial, GIM-UEMOA; Serges Adingni, Deputy General Manager, GIM-UEMOA; Vincent Ogbunude, Managing Director, Verve International; Dr. Cherry Eromosele, Executive Vice President, Group Marketing and Corporate Communications, Interswitch Group; and Luc Adjaho, Chief Architect, GIM-UEMOA, at the recently held press briefing at the Lagos Continental Hotel, Lagos. Verve Connects Millions to Seamless Digital Payments Across West Africa, Expands Into UEMOA. Verve, Africa’s largest domestic payments card and token brand, has taken a significant step…

Interswitch Group Hosts Fourth Edition of Career Fair, Bolsters Talent Ecosystem in Africa. Interswitch, said that “This Career Fair goes beyond simply matching people with jobs—it’s designed to equip ambitious talent with the tools and skills needed to excel in the ever-evolving world of work. As a company that values the power of collaboration, we’ve joined forces with respected partners like ALX, Philips Consulting, Udemy, GLSS and Pluralsight to enrich the experience and broaden what’s possible for every attendee. Interswitch Group, which recently bagged the 2024 ‘Happiest Workplaces around the Globe’ award, remains unwavering in its mission to Inspire Africa…

Q1 2025: UBA Sustains 2024 Growth Momentum, as Profit Rises by 30.65% to N204 Billion United Bank for Africa (UBA) Plc, has released its unaudited financial results for the first quarter (Q1) ended March 31, 2025, showing remarkable double-digit growth across all its major income lines. On the back of its recently released 2024 full year financials on the Nigerian Exchange Limited (NGX), UBA again saw its Profit Before Tax (PBT) rising impressively to N204.26 billion in Q1 2025, up by 31 per cent from N156,34 billion in Q1 2024, while profit after tax (PAT) jumped from N142.58 billion last…

NELFUND disburses N53b to students NELFUND NELFUND disburses N53b to students More than N53 billion has been disbursed by the Nigerian Student Loan Fund (NELFUND) to students in upkeep institutional fees. A breakdown of the N53, 036,673,649.40 disbursed under the Student Loan scheme showed that the agency paid N23, 173,240.000.00 as upkeep allowance to beneficiaries and N29, 863,433,649.40 as institutional fees. Details of the disbursement were obtained from the X handle (formerly Twitter) of NELFUND as of yesterday. According to NELFUND, 497,717 students have applied for the loan while 561,174 have registered for the loan. It added that 88 per…

World Bank projects 3.6% economic growth for Nigeria The World Bank The World Bank has projected that Nigeria’s economy will grow by 3.6 per cent in 2025, building on an estimated expansion of 3.4 per cent in 2024, as key macroeconomic reforms begin to stabilise the business environment. The bank also said Nigeria is now home to 15 per cent of the world’s extremely poor people, according to its latest Africa Pulse report released in April 2025. The bank’s latest economic forecast, which is contained in the Spring 2025 edition of Africa’s Pulse, reflects a more optimistic view than that…