Last year, fintech API infrastructure players came into the African tech scene, ushering in Plaid-like services to businesses and developers. And the attention on these companies, particularly from venture capitalists, spiralled into this year, with each significant player raising large seed to Series A rounds. OnePipe, a fintech API company with a different play from…
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has firmly denied recent reports alleging that it is selling employment slots to the public. In a statement released on Saturday by the company’s Chief Corporate Communications Officer, Olufemi Soneye, the public, especially job seekers, were urged to disregard these rumors. Soneye emphasized that there is no…
FCMB Group has reported a 206.86 per cent increase in its profit for the financial year ended December 2023 to N95.52bn. This was revealed in the unaudited annual report and financial statements filed with the Nigerian Exchange Limited on Friday. FCMB’s profit was boosted by increases in interest and discount income to N355.68bn and fees…
By Ayomide Otitoju Hungary has announced its decision to withdraw from the International Criminal Court (ICC), aligning with Prime Minister Viktor Orban’s stance against the tribunal’s arrest warrant for Israeli Prime Minister Benjamin Netanyahu. The announcement on Thursday coincided with Netanyahu’s visit to Budapest, marking his first trip to Europe since 2023. The Israeli leader,…
The President of the Nigeria Labour Congress (NLC), Joe Ajaero, and the President of the Trade Union Congress (TUC), Festus Osifo, attended a crucial meeting at the State House in Abuja on Thursday. This meeting is part of ongoing discussions between labour leaders and the President regarding the national minimum wage. Minister of Information and…
Presidential Candidate of the Peoples Democratic Party (PDP) Atiku Abubakar says he has the most proactive plan to lead Nigeria out of darkness. He stated this in a statement he issued on Thursday in Abuja. Atiku, a former vice president, said that having keenly observed developments in the power sector in the last 24 hours,…
By Ayomide Otitoju Crude oil prices edged lower on Monday, pressured by concerns over global economic stability following a U.S. credit downgrade and weaker-than-expected industrial data from China. Brent crude futures for front-month delivery fell 37 cents, or 0.57%, to $65.04 per barrel as of 7:00 a.m. WAT. U.S. West Texas Intermediate (WTI) dropped 26…
His lawyer, Senior Advocate of Nigeria, Chikaosolu Ojukwu, disclosed this to trial judge, Justice Kehinde Ogundare at the proceedings on Thursday. The defence counsel also told the court that parties have applied that the matter be settled pursuant to the provisions of section 14(2) of the EFCC Act. Chikaosolu said that if the EFCC confirms…
The Nigeria Labour Congress NLC and Trade Union Congress, TUC, have said they would gladly trade their voting rights to any candidate or political party that would prioritise the welfare of workers in the country. Part of other conditions outlined by the unions at their May Day festivities, which were held at the Eagle Square,…
