Google has announced the opening of applications for the 2025 Building Opportunities for Leadership and Development (BOLD) Internship Program. This paid summer internship is for undergraduate college students pursuing non-technical career opportunities within the company. According to Scholarship Region, the BOLD Internship targets students in their second-to-last year of study and offers a 12-week program starting in May or June 2025. According to reports, “the BOLD Internship Program invites students from diverse backgrounds and nationalities to apply, focusing on inclusivity across ethnicity, religion, gender identity, sexual orientation, age, and disability status.” Interns will be placed in teams based on their backgrounds…
Author: Elvis Eromosele
Winich Farms, a Nigerian Agtech startup making the supply chain of farm produce seamless for all stakeholders, has secured $3 million in pre-series A funding to enhance its technology and optimize its operations. According to the startup, the round is a mix of $2.5 million equity and $590,000 debt. The equity funding of $2.5 million came from Acumen Resilient Agriculture Fund (a East and West Africa-focused impact venture capital fund ), Climate Resilient Africa Fund, Marula Square, Plug and Play, and Tekedia Capita. Lagos-based Sahel Capital supplied the $590,000 debt funding. Since launching in 2020, Winich Farms has built an…
Access Holdings has completed its merger with ARM Pensions Managers Limited, forming Access ARM Pensions Limited (AAPL). This strategic move positions AAPL as a leading player in Nigeria’s pension fund administration market, serving approximately 2 million customers and managing assets worth nearly N3 trillion. The announcement, made on October 2, 2024, was shared through the NGX disclosure page and signed by the Company Secretary, Sunday Ekwochi. The merger follows an earlier announcement by Access Holdings that Access Golf Nigeria Limited, a significant shareholder in Access Pensions Limited, had secured the necessary regulatory approvals to acquire a majority stake in ARM…
The Nigerian Communications Commission (NCC) has tasked telcos with industry-academia collaboration in an effort to bridge the skills gap and curb brain drain in the Nigerian telecom sector. Dr Aminu Maida, Executive Vice Chairman of the commission, who made this call in Lagos as the keynote speaker at the Fifth Edition of the Telecom Sector Sustainability Forum (TSSF 5.0), also urged telecom companies to adopt flexible work policies, better remunerations and foster a culture of innovation to create an environment that attracts and retains talents. Speaking at the TSSF 5.0, organised by Business Remarks and themed “Mitigating the Effects of…
Leading brands including Nestle Nigeria, Checkers Custard, and Golden Penny Spaghetti have been recognized for their outstanding contributions to their respective industries at the prestigious Mediacom Awards 2024. Organised by MediaConsortium, the awards celebrate excellence in media, innovation, and brand impact across various sectors. Nestle Nigeria, one of Africa’s largest food and beverage companies, received the Transformational Impact Award for its remarkable contributions to the Nigerian economy and consumer market. Checkers Custard, a leader in the African custard market, claimed the Custard Brand of the Year title. Golden Penny Spaghetti was awarded Pasta Brand of the Year, further cementing its…
Nestlé Nigeria is proud to announce that its Chief Executive Officer, Mr. Wassim Elhusseini, has been recognized as one of the Outstanding CEOs at the recent BusinessDay Top 25 CEO Awards held on September 28, 2024. The BusinessDay Top 25 CEO Awards 2024 acknowledges the achievements of CEOs from companies listed on the Nigerian Stock Exchange (NGX) and the Next Bulls category—an elite group of companies poised for listing on the NGX. These CEOs have not only navigated the complexities of today’s business landscape but have also steered their organizations toward remarkable success. This recognition comes during a time when…
By Elvis Eromosele In recent years, the cost of transportation in Nigeria, like everything else, has skyrocketed, putting immense pressure on citizens. This surge is not just a local issue, but one deeply intertwined with national and global factors. The removal of fuel subsidies, the devaluation of the naira, and the volatile nature of international oil prices have all contributed to an unprecedented rise in petrol costs—from N185 per litre before the subsidy removal to a staggering N900, on average. This hike in transportation costs has left many Nigerians struggling, particularly in urban centres where daily commutes are unavoidable. For…
The National Bureau of Statistics (NBS) has disclosed that 84 per cent of Nigeria’s working-class population is self-employed in the first quarter of 2024, reflecting a decrease from the 87.3 per cent recorded in Q3 2023. This is according to the Nigeria Labour Force Survey (NLFS) Q1 2024 report by the NBS. The report indicates a decline of 3.3%-points in the self-employment rate, highlighting a shift within the labor market. Also, the report noted a slight increase of 3.3%-points in wage employment in Q1 2024 to 16.0 per cent, from 12.7 per cent in Q3 2023, which means that more…
By Elvis Eromosele In Nigeria today, underemployment is emerging as a low-intensity war. Everyone knows it exists but no one will speak of it. The question is no longer whether people can find jobs, but whether those jobs utilize their skills, offer sufficient wages, or provide stability. Reports indicate that the streets are filled with university graduates riding motorbikes for hire, while skilled professionals languish in jobs far below their qualifications. This isn’t just a job crisis; it’s a crisis of underemployment. According to the International Labour Organisation (ILO), “Underemployment reflects underutilization of the productive capacity of the employed population, including…
The Independent National Electoral Commission (INEC) has uploaded 98.58 percent of Edo State governorship election results to the Result Viewing Portal(IRev). INEC has so far uploaded results from 4,455 polling stations out of 4,519 total units in the state. Residents of the state are awaiting the full results of Saturday’s governorship election, which has People’s Democratic Party (PDP)’s Asue Ighodalo and All Progressives Congress (APC)’s Monday Okpebholo in a tight race. Olumide Akpata of Labour Party is currently trailing the two candidates.