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1 week ago | 
businessday.ng | Ngozi Jennifer Ekugo
…Suspension to remain in effect till end of Hajj seasonSaudi Arabia has suspended the issuance of block work visas for nationals from seven African countries, including Nigeria. Reports suggest the suspension will remain in effect until the conclusion of the Hajj season in June 2025, and could significantly impact labour migration and remittance flows.
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1 week ago | 
businessday.ng | Ngozi Jennifer Ekugo
A coalition of Nigerian-American organisations has officially launched the Community Immigration Defence Fund, a pioneering initiative designed to provide affirmative deportation defence and legal access to members of the Nigerian immigrant community across the United States (US).
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1 week ago | 
businessday.ng | Ngozi Jennifer Ekugo
Nigeria’s first public-private talent development pipeline for renewable energy is set to generate 10,000 new jobs in the sector in the coming years through the Next Gen RESCO programme, addressing the growing demand for skilled labour. The initiative is a collaborative effort led by the Rural Electrification Agency (REA), the National Power Training Institute of Nigeria (NAPTIN), and the Eco-Innovation Empowerment Initiative.
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1 week ago | 
businessday.ng | Ngozi Jennifer Ekugo
More than 310,000 jobs were created in the clean energy sector in the United States (US), due to a 60 percent surge in clean energy, according to the International Energy Agency (IEA). The country has witnesses increasing installation rate of solar and energy storage, growing electric vehicle (EV) sales and the number of planned domestic manufacturing facilities.
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1 week ago | 
businessday.ng | Ngozi Jennifer Ekugo
Nigerian Financial Intelligence Unit (NFIU) has sounded the alarm over suspicious international financial transfers amounting to approximately N48 billion, traced from Nigeria to destinations such as Dubai and Hong Kong. According to the Nigerian Lawyer reports, the transactions, which shows signs of money laundering and potential terrorism financing, raised red flags due to their volume, structure, and lack of clear economic justification.
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1 week ago | 
businessday.ng | Ngozi Jennifer Ekugo
International education remains an expensive pursuit for many Nigerians, yet universities worldwide are increasingly introducing generous scholarships, tuition discounts, and fee waivers, especially for students from developing countries.
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1 week ago | 
businessday.ng | Ngozi Jennifer Ekugo
… investors will receive settlement rights and visa-free travel to 172 countries…adjudged to become the second-most valuable citizenship program on the market. Nigerians can obtain Argentine citizenship with an investment of $500,000 that will be channeled in key sectors, likely to be agribusiness, energy, technology, and tourism.
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1 week ago | 
businessday.ng | Ngozi Jennifer Ekugo
The French government has identified over 80 job roles now accessible to foreign nationals, including Nigerians, under simplified immigration procedures. The updated , is designed to ease the legalization process for undocumented migrants already contributing to the economy while also attracting new talent from abroad. The framework offers a more direct path to legal employment and residency for foreign professionals who qualify.
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1 week ago | 
businessday.ng | Ngozi Jennifer Ekugo
….EFCC Chairman declined mentioning specific amount from estimated N1.3 trillion lossThe Economic and Financial Crimes Commission (EFCC) has begun recovering funds lost by Nigerian investors in the collapsed digital Ponzi scheme, Crypto Bridge Exchange (CBEX), according to Ola Olukoyede, EFFC Chairman. Olukoyede revealed that the EFCC apprehended several individuals linked to the scam, while efforts continue to trace others who are currently evading capture.
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2 weeks ago | 
businessday.ng | Ngozi Jennifer Ekugo
One in four jobs globally could be transformed, not replaced, by generative artificial intelligence (GenAI), according to a new study by the International Labour Organisation (ILO) and Poland’s National Research Institute (NASK). Released on May 20, the report, titled ‘Generative AI and Jobs: A Refined Global Index of Occupational Exposure’, offers an international assessment of GenAI’s impact on employment.
