ALTON Expresses Worry over Picketing of MTN offices by NLC

Association of Licensed Telecommunications Operators of Nigeria (ALTON) has expressed concerns over the picketing of the offices and disruption of operations of MTN Nigeria one of its members.

Officials of the Nigerian Labour Congress and persons allegedly in the employment of the company yesterday marched on MTN offices in different locations in the country to protest against the poor welfare of its Nigerian staff.

Zinox boss says technology can boost Nigerian economy if well utilised

Mr Leo-Stan Ekeh, the Chairman of Zinox Group, has said that technology was the fastest way Nigeria could become one of the richest countries in the world, if it was well utilised.

Ekeh, who made this known during the Nigerian Online Merits Award 2018 held on Friday Night at Sheraton Hotel, Ikeja, said technology can boost the nation’s economy if properly harnessed.

The theme of the event was ‘ Leveraging the Internet Revolution to Leap frog Nigeria’s Development’.According to him, technology is the only profession in the world today that can make the poorest of men the richest through the right innovations.

Data protection, privacy paramount for business development’

Maria Rotilu is the Country Manager, Branch Financial Services, a digital and technology savvy financial institution. She spoke with ADEYEMI ADEPETUN, about the importance of data protection, and customer privacy to business development in Nigeria. Excerpts…

How will you explain the nomenclature of this company?
Think of Branch as a mobile “branchless bank” for high-growth, emerging markets. Our first product is lending, and our goal over time is to expand to other financial services such as savings, money transfers and payments.

With the explicit permission of our customers, we use data science to analyze smartphone data to determine loan eligibility. Our machine learning algorithms process thousands of data points to create personalized loan options in a matter of seconds. This allows us remove the need for physical meetings, collateral or paperwork. We do not need to physically see users to give loans.

Stanbic IBTC, Dangote Cement seal N50b commercial paper

Proceeds to boost expenditure, working capital others

Stanbic IBTC Capital, and Stanbic IBTC Bank, subsidiaries of Stanbic IBTC Holdings Plc, have partnered with Dangote Cement Plc, Africa’s largest cement producer, to announce the issuance of a N50billion Series 1 and 2 Notes, the largest ever Commercial Paper (CP) issuance by a Nigerian company.Commercial Paper is a short-term, unsecured promissory note issued by companies to finance accounts receivable, inventories, and meeting short-term liabilities.

The N50billion issue part of the recently established Dangote Cement Plc’s N150billion CP Programme, announced on June 27. The series 1 and 2 notes is priced at spreads of 25 and 50 basis points over the chosen primary market sovereign benchmark rate, to achieve discount rates of 12.40 per cent and 12.65 per cent, respectively.

Telecoms Industry In Nigeria Pays N450b Taxes Annually – ATCON chairman

The telecom industry annually contributes N450 billion in form of taxes to Nigeria’s economy, Mr Olusola Teniola, President, Association of Telecommunications Companies of Nigeria (ATCON), has said.

Teniola told the News Agency of Nigeria (NAN) in Lagos on Friday that the industry had been paying the sum in the last five years to the three tiers of government.

The Challenges of Remittances Providers

Remittances and payment providers can make a change throughout Africa. Companies like Paga, M-Pesa, Payoneer, and Remitly, among dozen others companies, are trying to make transfer of funds to Africa cheaper than ever before. In 2017, the global remittances reached a record high and the average cost of remittances were still more than 7%. That’s 7% of 613 billion dollars, that could have boosted the economy of many developing and third-world countries, and assist as many as a billion people across the globe who rely on remittances from abroad.

Store Manager at Eko Maintenance Limited – Apply Now

Eko Maintenance Limited is a rapidly growing Facility Management Company that specializes in maintenance of high rise building facilities with office located in Victoria Island, Lagos. In view of our quest for expansion, we are currently recruiting to fill the position below:

Store Manager

Job TypeFull Time
QualificationBA/BSc/HND MBA/MSc/MA
Experience 5 years
Location Lagos
Job Field Procurement / Store-keeping / Supply Chain

Job Vacancies at Julius Berger Nigeria Plc – Apply Now

Julius Berger Nigeria Plc (Julius Berger) is a leading construction company offering integrated solutions and related services. Julius Berger specializes in executing complex works that require the highest level of technical expertise and Nigeria-specific knowhow.

We appreciate your interest in our company. Our success largely depends on the passion, precision and competence of our employees from. Become part of our team and help us in the realization of innovative and pioneering engineering projects. Experienced professionals and young professionals, we offer opportunities in technical and commercial fields. Take the chance and apply online with us.