Car-hailing drivers in Nigeria under the umbrella of the Amalgamated Union Of App-Based Transport Workers Of Nigeria (AUATWON), have demanded Uber and Bolt reduce their commissions. The drivers are demanding that the commission received by Uber and Bolt should be reduced by 50 per cent after the car-hailing companies increased their ride fees. In a statement on Wednesday expressing their demand, AUATWON said the drop in commission will enable them to cope with maintenance costs, spare parts and various overhead costs and the current fuel increase. They have threatened to down tools in protest if the car hailers refuse to…
Author: Elvis Eromosele
9 Payment Service Bank (9PSB), a leading digital bank, has partnered with the Lagos State Employment Trust Fund (LSETF) to promote financial inclusion and job creation through comprehensive financial literacy and agent banking offering. The partnership between 9PSB and LSETF is expected to run for two years, during which the joint efforts will drive digital literacy, job creation at the grassroots level, and overall financial inclusion for all residents of Lagos State. Chief Executive Officer, 9PSB, Branka Mracajac, who disclosed this in a statement, said the collaboration with LSETF is a strategic partnership initiative aimed at providing top-notch financial literacy…
One lesson on the dangers of a sedentary lifestyle I’ll never forget was a meeting I had at a company boardroom with the CFO, he was telling us how he’s been married for 12 years but he just had his first child 6 years ago and that was because one of his doctors recommended to him that his many hours of sitting was probably one of the reasons for their inability to have a child, so his doctor told him to take ice packs cushions to the office and then put them on his seat and sit on them to…
Digital Pay Expo 2023 kicked off in style at the Eko Hotel, Lagos today with participation by leading banks, fintechs, payment, E-commerce, regulators, government agencies and transportation services providers headlining the activities. The two-day event, scheduled for June 7 and 8, seeks to promote the interest of stakeholders in the banking and finance sector, particularly those involved in fintech and innovation as change enablers. Adeyinka Adeyemi, Managing Director/CEO, INTERMARC Consulting, organiser of the forum revealed that the theme of this year’s event The Future is Contactless was chosen in recognition of the trajectory of digital payment. Contactless payment is a unique advancement…
Mara, a leading blockchain-based technology firm, has announced an initiative aimed at training 500,000 government employees on the intricacies of blockchain technology in partnership with the National Information Technology Development Agency (NITDA) and Circle, the creator of USDC and Euro Coin. Mara is driving this initiative through its foundation, Mara Foundation. The collaboration seeks to equip Nigeria’s workforce with the skills and knowledge necessary to energize the workforce, drive innovation and foster economic growth in the digital age. The first training session, which took place in Abuja, on June 1, 2023, marked a significant milestone in this collaborative effort. Managers…
Thirty days after the commencement of voting on the 2023 Consumers Value Awards voting portal for the best value for Money brand in fifty-two different categories, Dangote Cement leads the cement category with 50 per cent, while Dangote Sugar leads with 74 per cent, Reload Multivitamin leads the multivitamin category with 45 per cent and Mouka Form lead mattress category with 72 per cent. Akonte Ekine, Chief Executive Officer/ Analyst of BrandXchange, said this year’s edition of the Consumers Value Awards is already in top gear with the number of respondents to the voting platform as well as positive comments…
By Elvis Eromosele Poverty is a real concern in Nigeria. It permeates the lives of individuals and communities, leaving many trapped in a cycle of deprivation. Poverty is a pervasive issue in Nigeria. It casts its dark shadow over countless lives, leaving individuals and communities starving millions of opportunities for a better future. Nigeria serves as a poignant case study, a country grappling with the complexities of poverty despite its vast resources. To uncover the true face of poverty in Nigeria is to inspire collective action and foster a society where every Nigerian can thrive. Poverty is more than just…
My Fellow Citizens, I stand before you honoured to assume the sacred mandate you have given me. My love for this nation is abiding. My confidence in its people, unwavering. And my faith in God Almighty, absolute. I know that His hand shall provide the needed moral strength and clarity of purpose in those instances when we seem to have reached the limits of our human capacity. This day is bold and majestic yet bright and full of spirit, as is our precious nation. As a nation, we have long ago decided to march beyond the dimness of night into…
As part of its Corporate Social Responsibility efforts, MTN Foundation has said that it would be investing about N1 billion to upgrade not fewer than 40 Primary Healthcare Centres (PHCs) across the country under its ‘What We Can Do Together Initiative’. The project, in its fifth phase, is urging members of the public to nominate PHCs in various communities that are in need of an upgrade. The nominations will close on June 17, and participants can nominate projects in the communities in two ways. These are via SMS and on the web. Participants using SMS can start by texting MTN…
Sadly, there is some level of danger around most fun activities. Growing up, the beach used to be the go-to spot for holiday fun, but after one too many kids drowned or got carried away by the waves, we stopped going. But that didn’t stop the bad news. I can remember sitting at home, missing the beach trips, while eating rice, and someone rushing in with another sad tale of kids drowning or getting carried away. There were lots of superstitious stories around these sad incidents, but they only served as a distraction. These were a tragic reminder of the…