Workforce
Moonvember kicks off with sweeping staff layoffs across crypto
The crypto and tech industry has seen a slew of staff cuts this week against a backdrop of difficult market conditions, though on a positive note, some are bucking the trend. Crypto companies, including crypto exchanges, venture capital firms and blockchain developers, have been forced to reduce headcount in order to stay nimble amid the bear market. Some, however, have done the opposite, opening up offices in new locations and markets. It comes a few weeks after multiple high-level executives, such as OpenSea’s former chief financial officer, Kraken’s co-founder Jesse Powell and Ripple Labs’ engineering director, have all made headlines for either exiting or stepping down from their roles in the space. Stripe cuts around 1,000 staff Patrick Collison, CEO of payments processor Stripe...
Integrated cloud calling for an agile workforce
Prebashini Reddy, Microsoft Product Manager at Westcon-Comstor The global unified communications and collaboration market grew by more than 29% percent last year thanks in no small part to the onset of the COVID-19 pandemic. Moreover, it is set to grow even more in the coming years to top $50 billion by the end of 2023. Invariably, this has resulted in companies relying on multiple communication platforms to cater for an increasingly distributed workforce. For instance, the use of Microsoft Teams has grown exponentially during the past two years. In November 2019, Microsoft reported 20 million active daily users of Teams. At the end of April 2021, this number jumped to 145 million. As things start normalising around this ‘new’ environment, organisations are looking for ...
Official: NDLEA not recruiting
The National Drug Law Enforcement Agency (NDLEA) has alerted the public on the activities of scammers taking advantage of the employment screening exercise conducted by the agency. Mr Femi Babafemi, Director, Media and Advocacy of the agency in a statement on Tuesday in Abuja said that fraudster are demanding for payment from the shortlisted candidates. Newsmen reports that NDLEA had conducted screening for shortlisted candidates of narcotic officers and narcotic assistants. The agency had on May 12 and June 5, notified the public and job seekers to be wary of messages from persons claiming to be acting on behalf of NDLEA and demanding payments for employment. Babafemi said that the the NDLEA is investigating three telephone numbers and bank account details linked to members of the job sca...
Total targets more renewable electricity, LNG production by 2030
Total Companies in Nigeria has unveiled its corporate vision in line with the change of the Total Group to TotalEnergies. The organisation aims to produce more renewable electricity and Liquefied Natural Gas (LNG) by 2030. The oil major also outlined its broad energy lineup that includes oil, gas, electricity, hydrogen, biomass, wind and solar. TotalEnergies is committing $60 billion to investment in renewable energy in the next 10 years, with 10 per cent of that investment expected to come to Nigeria. Speaking at a virtual parley with journalists, the Executive General Manager, Total Country Services, Mrs. Bunmi Popoola-Mordi, highlighted steps that would help in adapting the new name, logo and visual identity of the company. THISDAY had reported that the shareholders of Total Group, had ...
House asks FCT councils to suspend illegal taxes on businesses
The House of Representatives has declared illegal, levies being imposed on businesses by area councils in the Federal Capital Territory, ordering the task forces to suspend their activities. A member of the House from Kogi State, Mr Tajudeen Yusuf, had moved a motion calling for the suspension at the plenary on Tuesday. It was titled ‘Investigation of Alleged illegal Levies by the Federal Capital Territory Area Councils on Business Outlets and Premises in the Area Councils.’ Yusuf said, “Business outlets and private enterprises have been under threats, intimidation, and coercion by task forces operating in the Federal Capital Territory area councils under different guises, forcing business owners to pay illegal levies which are not remitted into the government coffers but private pockets o...
Kaduna strike: Nigerian governors appeal to NLC to exercise restraint
Governors under the aegis of the Nigeria Governors’ Forum (NGF) have appealed to the Nigeria Labour Congress (NLC) to exercise calm and restraint in its engagement with the Kaduna State government. The NGF in a statement on Monday by its chairman and Ekiti State governor, Kayode Fayemi, called for cautious introspection on the part of Labour as no meaningful progress of any kind has ever been achieved in an atmosphere of conflict and chaos. He said the NGF also wishes to remind the NLC that its actions could become counter-productive especially as the last year 2020 adversely affected workers socially and economically. “Therefore the NGF advises the NLC to explore the already open avenue of rapprochement that the Kaduna State government has provided to resolve the matter and join the State...
CAC aims to register new company within three hours
The Corporate Affairs Commission (CAC) says it will be possible for companies in Nigeria to be registered within three hours, before the end of 2021. The commission tweeted this on Sunday via its verified Twitter handle. It said, Garba Abubakar, the commission’s registrar-general, gave this indication at a recent dinner in honour of the chairman, governing board, CAC and Nigeria’s Ambassador-designate to Spain, Ademola Seriki. The commission announced last December the upgrade of its online registration portal for business. It said the upgrade would include features that allow the automation of key services and processes in line with the federal government’s effort to Nigeria’s ease of doing business. Newsmen had reported how the new regulation protocol has left businesses in the country s...
Bayelsa: We won’t retrench workforce amid dwindling revenues – official
The Bayelsa state government has assured civil servants in the state that it had no plans to downsize the workforce, amidst dwindling revenue. The government said on Thursday that although it was contending with an unwieldy wage bill, it would seek alternative sources of revenue to shore up its finances. The Commissioner for Finance, Maxwell Ebibai, gave the assurance at the transparency briefing for the months of January and February 2021, in Yenagoa, the state capital. Newsmen report that under the state’s Bayelsa Transparency Law, it had become mandatory for the government to make public its income and expenditures on a monthly basis. Ebibai, said the state government received N6.8 billion for February, 2021, as net receipts from the Federation Account, after first line deductions, as a...
Ekiti governor suspends ongoing recruitment of teachers
Gov. Kayode Fayemi of Ekiti State has suspended the ongoing teachers recruitment exercise over economic crisis posed by the Coronavirus (COVID-19) pandemic. The governor directed immediate refund of money paid by successful candidates in the recruitment exercise conducted by the State Teaching Service Commission (TESCOM). Mr Babatunde Abegunde, Chairman of TESCOM, who made this known in Ado Ekiti on Thursday said the directive was due to the commitment of the governor to the general welfare of the people in the state and the need not to make new entrants into the public service suffer unduly. The News Agency of Nigeria (NAN) reports that about 100 candidates may have been affected by the directive. Abegunde explained that monies to be refunded covered those paid by the candidates for the p...
FRSC intensifies enforcement of use of helmet – spokesman
File Photo The Federal Road Safety Corps (FRSC) is deploying all its operational energies in enforcing the use of helmets by motorcyclists across the country, its spokesman Mr Bisi Kazeem has said. Kazeem, the Corps Public Education Officer (CPEO) of the FRSC, said this on Monday in Abuja in an interview with newsmen. He stressed that the enforcement had reduced fatalities in the event of crash, adding that motorcyclists were vulnerable road users as most of the crashes involving them were fatal. According to him, the use of helmets reduce damage to sensitive parts of their bodies, including eyes, skull, brain and nose. “As such, the use of helmets does not only make them responsible, but saves their lives in most cases. “Currently, our records show that there is significant improvement in...
Rivers governor: Labour can’t reverse APC’s anti-people policies
The Governor of Rivers State, Nyesom Wike, has said that the labour movement in Nigeria is dead, adding that it cannot reverse the anti-people policies of the All Progressives Congress-led Federal Government. Wike who wrote on Twitter lamented the silence of labour in the face of insecurity and hike in fuel price and electricity tariff in the country. According to him, labour which used to be alive under the administration of former President Goodluck Jonathan died since the inception of the present government. He said, “Labour movement in the country is dead because it has lost its force of engagement with government and hardly can achieve anything good for the generality of the workforce and Nigerians. “The leadership of labour has left substance to pursue shadows and hardly can speak in...
Imo workers oust state NLC chairman
Workers in Imo State have kicked out the state chairman of the Nigeria Labour Congress (NLC), Austin Chilakpu, after a resolution reached on Monday at the meeting the workers held at the state secretariat in Owerri. A caretaker committee led by Ndubuisi Uchehara was set up to manage the affairs of the union pending a legitimate election. Addressing reporters shortly after his emergence as the caretaker committee chairman, Uchehara said that the past administration was dissolved for constantly waging war against the Imo State Government which he said caused an unhealthy relationship between the union and the government. ‘The past administration was recalcitrant to issues of the workers in the state, they have continued to fight the State Government instead of partnering with it, their actio...
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