News
Nigeria Inch into ‘Africa Country of Future’ Top 10

Despite a well articulated policy designed by former President Olusegun Obasanjo, to see Nigeria among the 20 leading global economies in 2020, the country continues to titer in development strides.
Although, variously described as one of the ‘fastest’ emerging economies in Africa and projected to surpass even the continent’s power house, South Africa in the next 24 months, poor infrastructure, insecurity and other economic potholes hinders real progress.
However, its battered image got a boost recently as fDi magazine recently named it in the 2013-2014 “African Country of the Future” list for the first time which has consistently seen South Africa, Morocco and Mauritius topping the list.
The list has South Africa crowned as the Country of the Future, with Morocco and Mauritius coming in second and third respectively.
Nigeria and Botswana are the two new entrants to the Future country list, which has South Africa, Morocco and Mauritius leading the pack. Egypt continues to do great in the index despite unrest in the past two years leading to the ousters of two presidents – Hosni Mubarak and Mohammed Morsi.
Elsewhere, Nigeria trails South Africa in the “Economic Potential category.”
Despite major issues such as corruption, security and infrastructure inadequacies blighting the country in recent years, Nigeria has seen its GDP almost treble since the turn of the century.
According to the Nigerian Investment Promotion Commission’s submission for fDi’s African Countries of the Future, the Nigerian government is keenly aware that major issues need to be tackled in order for the country to unlock its potential. To address this, it says the government has “implemented various improvement measures in order to reach its goal of being one of the world’s 20 largest economies by 2020.”
The report notes that following a slight decline in FDI in 2009/10, investments into Nigeria increased 41 per cent in 2011 and a further 20per cent in 2012. The oil industry is a dominant feature of the Nigerian economy, though the communications sector is also a strong area of growth.
According to fDi Markets, FDI in the communications sector accounted for one-quarter of all investments in the Nigeria in 2012, and as penetration levels remain relatively low in this large and growing consumer market, this sector continues to offer huge opportunities to existing and new players alike.
South Africa is top of the Economic Potential table. The country’s GDP stands at more than $5.8bn and it is the largest economy in Africa. South Africa has attracted more R&D investments than other African country and accounts for the largest number of patents registered in the continent.
Exports from the country increased 24per cent in 2011 whereas imports increased 18% when compared to 2010 figures, and both were more than 13per cent higher than 2008 levels.
A new entrant into the top 10 for Economic Potential, Kenya ranked third thanks largely to its strong performance in FDI attraction. Kenya’s capital, Nairobi, was the fastest growing African city for FDI between 2009 and 2012 and was second only to Johannesburg as a destination for FDI in 2012.
Many initiatives are currently being developed to drive the Kenyan economy and in turn encourage investors into the country.
In its submission for fDi’s African Countries of the Future, KenInvest said: “The development of the national investment policy… is aimed at streamlining the investment promotion and facilitation process in Kenya to make it simpler. Full implementation of the… new constitution is on its own expected to increase the level of foreign participation in the country”.
A well-administered country by regional standards, Ghana ranks fourth in the Economic Potential category of fDi’s African Countries of the Future 2013/14.
In the past few years, Ghana has attracted its largest ever FDI project following the discovery of major offshore oil reserves in 2007.
In July 2009, South African company New Alpha Refinery announced plans to construct a new $6bn oil refinery in Accra in what will be the largest refinery in West Africa.
With production set to begin in 2015, the refinery should initially produce 200,000 barrels of oil per day with a view to eventually doubling capacity.
The top 10 countries include: South Africa, Morocco, Mauritius, Egypt, Kenya, Ghana, Nigeria, Botswana, Tunisia and Namibia.
News
Easybuy Sales Talent Program to Empower 10,000 Nigerians to Become Millionaires

Easybuy, Africa’s leading smartphone and electronics financing provider and a pioneer in the continent’s Buy Now Pay Later (BNPL) sector, has announced plans to recruit up to 10,000 new business developers across Nigeria in a bold expansion move expected to accelerate job creation and deepen financial inclusion.

Operating through thousands of partner stores in Nigeria, Ghana, Ivory Coast, Senegal, and Tanzania, the company enables millions of customers to access mobile phones and home appliances through flexible ‘pay small small’ installment financing.
Set to run throughout 2026, the Easybuy Sales Talent Program is a revolving initiative designed to unlock income opportunities for thousands of talented Nigerians from sales professionals and young graduates to stay-at-home mothers, POS operators, and SIM registration agents. The program offers participants a structured monthly base pay alongside the potential to earn hundreds of thousands, and even a Million Naira in commissions, while working from the comfort of their mobile phones.
“This win-win partnership with Nigerians, on whose support we’ve come this far, reflects our continuous investment in people. Selected applicants of the Easybuy Sales Talent Program would be empowered with training and the opportunity to become financially independent,” said Jessica Ugwuoke, Chief Executive Officer, Newedge Finance Limited. “Like everything we do at Easybuy, this Sales Talent Program is driven by our vision of equal financial access for an easier life for everyone.”
The Easybuy Sales Talent Program is positioned as a strategic response to Nigeria’s unemployment challenge, targeting the country’s young, vibrant population.
According to the National Bureau of Statistics (NBS), youth unemployment stood at 6.5% among Nigerians aged 15–24 in Q2 2024, a figure analysts expect to remain a pressing concern into 2026. By creating structured earning pathways, Easybuy is aligning commercial expansion with measurable social impact, thereby setting a new benchmark for corporate social responsibility in emerging markets.
Beyond creating income opportunities for Nigerians, the Easybuy Sales Talent Program is structured to drive measurable economic impact, boosting household earnings, expanding consumer spending, and strengthening micro-entrepreneurship nationwide. As Nigeria’s unemployment rate is forecasted by Trading Economics to hover between 4.8% and 5.0% through 2027–2028, the initiative positions Easybuy not just as a market leader, but as a catalyst for sustainable economic growth.
Built on a powerful partnership with millions of its users, Easybuy has emerged as a leading BNPL provider in Africa. Since launching its Lagos operations in 2019, the company has helped drive rapid sector growth, with the BNPL market projected to expand from $1.42 billion in 2024 to more than $2.61 billion by 2030, according to the 2025 State of Enterprise Report. Backed by a nationwide network of over 2,000 sales agents and over 4500 partner stores, Easybuy is strategically positioned to accelerate market expansion and capture significant share in the years ahead.
As part of its sustained investment in human capital, Easybuy will equip participants with structured sales training, digital tools, and clear income pathways designed to accelerate financial independence. Anchored on the company’s vision of expanding equal access to finance across Africa, the Sales Talent Program reinforces Easybuy’s long-term growth strategy, building a pipeline of high-performing sales professionals while scaling inclusive economic opportunity nationwide via serving more underserved customers and communities.
Interested applicants can submit their CVs via the careers section of the Easybuy website, or create a TikTok video explaining why they are the ideal fit for the Program, using hashtags #EasybuySalesTalent and #MillionNairaChallenge, and upload the video link at https://easybuy.global/ng/careers/sales-talent-program.
Also, the creators of the weekly top 10 most-viewed videos will qualify for offer discussions. Easybuy welcomes applicants from diverse backgrounds and locations who are ready to build high-growth careers in sales.
News
PalmPay Commits to Gender Balance in Fintech Space @ Purple Woman 3.0

PalmPay Nigeria has expressed commitment to increasing women’s participation in the financial technology sector through its Purple Woman initiative designed to equip young women with digital and professional skills.

Speaking at the event, Chika Nwosu, managing director of PalmPay Nigeria, said the initiative was launched to address the low representation of women in fintech and the broader technology ecosystem.
“This initiative is because we noticed that there are not so many women in fintech and in the tech industry, and we intend to bridge that gap. We want to see a whole lot of women in leadership positions in fintech,” Nwosu said.
The programme, organised in collaboration with the Global Women’s International Campaign Nigeria to commemorate International Women’s Day, forms part of PalmPay’s broader effort to create an inclusive digital economy and empower women with technology-driven skills.
According to Nwosu, empowering women produces long-term social and economic impact. “A money in the hand of a man feeds a family, but money in the hand of a woman feeds generations,” he said, noting that women’s financial empowerment often translates to better education and opportunities for children and stronger households.
Although the programme is hosted in Lagos, he explained that participation is open to women across Nigeria through an online registration platform. “Our head office is in Lagos, but we invite women from all over Nigeria. They register through a link for Purple Woman. It is not only for people in Lagos; it is for all Nigerians,” he said.
At the end of the masterclass, 10 participants were selected for a six month internship programme at PalmPay where they will receive practical experience across different departments.
Explaining the selection process, Anthony Iwuala, head of human resources at PalmPay, said the company used a merit-based system to identify the most qualified candidates. “For us at PalmPay, we believe in equity and equality and following the right process. As a company, we believe in people who have skills and talent, so we ensure that we select people who are qualified,” Iwuala said.
According to him, participants were assessed through the classes and written tests conducted during the programme. “Participants went through the classes and wrote tests for every class. A lot of people passed, but we still had to rank them and select only the top ten,” he said.
Iwuala added that the selected interns will be deployed across departments such as marketing, human resources, administration, product development, sales and business intelligence where they will receive mentorship and hands-on training. “We assign mentors to them, and these mentors will provide on the job training for six months,” he said.
He stressed that the programme is designed not only to train participants but also to create employment opportunities. “We are not just taking them to train them; we train them to employ them,” he said.
He noted that previous editions have already produced tangible results. The Purple Women 2.0 programme saw the ten women we trained offered full employment at PalmPay, and they are still working with us currently, Iwuala said. “These ones will not be different.”
In her presentation, Nneka Okekearu, director of the enterprise development centre at Pan-Atlantic University, delivered a masterclass focused on self-worth, confidence and self awareness for women.
Okekearu explained that many women grow up with unconscious biases that affect their confidence and career choices. “A lot of women have grown up being told they cannot do certain things. Unlike their male counterparts, they are sometimes discouraged from pursuing opportunities,” she said.
According to her, the session focused on helping women recognise their abilities and build confidence. “A lot of women have so much to give, but they are shackled by unconscious bias. The session focused on self-awareness, building confidence and realising that we know it and should own it,” she added.
She acknowledged that progress has been made in female leadership in Nigeria’s corporate sector. “Today we have more than 30 percent of commercial banks with female CEOs. We now have women serving as bank chairpersons and more women on corporate boards,” she posited.
However, she highlighted what she described as the missing middle, where many women leave the workforce at critical career stages. “When women enter the workforce, by the time they get married and have children, many leave. We need systems that allow them to return without losing their career progress,” Okekearu said.
News
Turkish Airlines Grounded at Lagos Airport Over Union Protest

Operations of Turkish Airlines at Murtala Muhammed International Airport, Lagos, ground to a halt on Tuesday following a protest by aviation workers over the alleged unlawful dismissal of seven union members.

Turkish Airlines
Members of the National Union of Air Transport Employees (NUATE) picketed the airline’s counters at the international terminal, forcing hundreds of passengers to return home after check-in.
Protesters stormed the terminal with placards and solidarity songs, accusing Turkish Airlines management in Nigeria of violating labour laws, victimising union members, and ignoring a National Industrial Court ruling ordering payment and reinstatement of the sacked executives.
NUATE General Secretary Sikiru Waheed, in a March 9 circular, decried the airline’s “flagrant disobedience” of Nigeria’s Constitution and Labour Act despite efforts to resolve intimidation and harassment cases.
The affected workers, dismissed in 2020 for union activities, have not received terminal benefits years later, according to union claims captured in chaotic videos from the scene.
NUATE said the protest became inevitable to compel compliance with the court order and respect for workers’ rights to unionise.
The action stranded passengers mid-process, highlighting ongoing labour tensions that previously led the Nigeria Labour Congress to shut down the airline in 2024 over the same dispute.
Union leaders vowed continued protests until Turkish Airlines reinstates the workers and honours Nigerian labour laws.
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