News
Phillips Consulting Unveils Self-Service Candidate Sourcing Database

Phillips Consulting Ltd, an African leading, Business Management and Human Resources consulting practice has conquered another milestone with the formal launch of a new associate company, Shortlist Nigeria.
With over 20 years combined experience, this online start-up company, Shortlist Nigeria, in partnership with Phillips Consulting, offers recruiters and job seekers simpler and easier ways to recruit.
Speaking at the platform’s launch, Mr. Foluso Williams, chairman, Phillips Consulting Limited, said, “Shortlist is structured to connect candidates and employees directly with each other through this online ‘Talent Pool’ that is created directly by job seekers. Simplicity and ease of use was the guiding principle in designing the powerful the powerful shortlisting tools incorporated into the process. This is a fundamental features that will appeal to users who are currently frustrated by the job-hunting process.”
He further explained, “To be on a global platform where anyone can discover you is wonderful opportunity for jobseekers. To find the very people you need to fill your vacancies on this platform is even better. This is a major shift today’s job hunting and recruitment paradigm”.
According to Williams, candidates can enroll with Shortlist Nigeria free of charge and create a unique, online Shortlist-designed resume that can be shared with anyone outside the website.
An upgraded, paid subscription service, accessible to employers who can search the database is also available.
Mrs. Tayo Leigh, managing director of Shortlist Nigeria, stated, “In our economy today, there are unfortunately more job seekers than there are job positions and we had to remove any impediment to employers in accessing our platform to self-search for great candidates. Another way to look at it is that candidates are really subscribing to recruitment ‘Yellow Pages’, which is now made available to employers free of charge”.
Reflecting the perceived value of service, the promoters added that an initial survey conducted shows that candidates were prepared to pay for more than the current annual subscription fee of N3,000.
“This will cost less than N250 per month, which is a very small investment to make for a life-time of opportunity,” the MD added.
Mr. Richard Leigh, Shortlist’s chief technical officer, explained that one major feature candidates will appreciate, is the avoidance of the need to upload their curriculum vitae.
He said that the Shortlist would generate resume created during the initial sign up, contains; through extensive surveys and research of major global corporate, all the information employers need to make their initial first level selection.
“Shortlist, thus, offers a platform to get headhunted, it avoids the need for job boards as it makes it possible for companies to identify, through this self-service offering, those with suitable profits.
He added that there is no doubt that Shortlist is in for the long haul, especially with the implied focus on all variety of SMEs through to large corporate.
“Recruitment firm, recruitment and HR managers, CEO’s of SMEs and many more recruiters are going to find Shortlist a most welcome initiative to the Nigerian economy, where unemployment is further compounded is further compounded by inequality by opportunities,” the CTO.
News
How and Why N210 Trillion is Missing in NNPCL – CFO

Adedapo Segun, chief financial officer (CFO), Nigerian National Petroleum Company Limited (NNPC), has explained why there is a missing sum of N210 trillion in the company’s audited financial statement spanning from 2017 to 2023.
According to Segun, the missing funds are cash calls requested by joint venture (JV) partners and settlement to the JVs.
He spokeat a session of the Senate Committee on Public Accounts chaired by Aliyu Wadada.
Segun was responding to an alarm raised by the committee over missing N210 trillion in NNPCL’s audited financial statement.
Recall that Wadada issued a one-week ultimatum to NNPCL to account for the missing N210 trillion.
Reacting, Segun said, “The N103 trillion and N107 trillion are made up of joint venture cash calls that have been requested by the JV operators and JV cash call payments made by NNPCL, which are yet to be reconciled because governance procedures were not done at that time.
“That is why you see the description reflecting those two items would be washed out because they are two sides of the same transaction, which is the cash calls by JV partners and the settlement by NNPCL.”
However, Habu Sadeik, a financial analyst, in a post on X on Thursday, said Segun’s response was unsatisfactory.
Saidik faulted NNPCL’s response about the fund discrepancies, noting that something is not right with the audited financial statement.
“Forget about the senators’ lack of knowledge.
“The CFO’s response is not satisfactory. Are you saying that cash calls worth hundreds of trillions are just appearing on your FS only in 2024 without 31 disclosure?
“If it’s a cash call, why hasn’t the disclosure said so?
“Which cash call is over 100 trillion?
“Something is definitely not right, and I hope they retrospectively correct that FS.
“Someone somewhere did a chef’s work,” he wrote on X.
News
PalmPay, Glo Launch “Recharge and Win Bonanza 2” with Exciting Prizes

PalmPay, Nigeria’s leading fintech company, has partnered with Globacom to launch the second edition of the “Recharge and Win Bonanza” campaign. The promotion, which runs from June 19th to August 8th, 2025, offers Nigerians the chance to win amazing prizes when they purchase Glo airtime and data via the PalmPay app.
According to a joint statement by PalmPay and Globacom, “A weekly live raffle draw will be held and streamed on PalmPay’s official social media channels throughout the campaign. Customers who make Glo transactions through the PalmPay app will be eligible to win prizes, including the iPhone 15 Pro, Infinix Hot 40, and other exciting items”.
To participate, interested customers can log onto http://bit.ly/PalmPaySms .
The statement added that all transaction above N500 gives participants an extra shot at winning, adding that daily social media challenges will also offer participants a chance to win cash prizes.
Additionally, PalmPay users can enjoy up to 6% cashback when they buy Glo airtime and data through the PalmPay app. As an added bonus, customers who have not subscribed to a Glo data plan in the last 90 days will receive a 100% bonus on their recharge during the campaign period.
Wayne Ruppel, Head of Billers at PalmPay Limited expressed excitement about the partnership, stating that, “This collaboration is a major step in our mission to deliver MORE – more support, more rewards, and more innovation to our customers.
Partnering with Glo, a leader in the telecommunications sector, is a testament to our shared commitment to improving everyday experiences for all Nigerians. We are excited to reward our users and encourage everyone to take full advantage of this exciting opportunity.
Globacom also expressed delight at creating additional value for its subscribers through unique customer-appreciation schemes.
“Our partnership with PalmPay on the “Recharge and Win Bonanza perfectly underscores our commitment to delivering exceptional value and experiences. Over the years, we have always sought innovative ways to enrich the lives of our customers. We, therefore, enjoin our subscribers to utilize the opportunity provided by the bonanza and enjoy the many benefits it offers”, the company stated.
PalmPay and Glo will collaborate throughout the campaign period to deliver exceptional customer experience, reward loyalty, and reinforce their shared mission to make digital transactions more accessible, rewarding, and secure for millions of Nigerians.
News
UK Reaffirms 99% Duty-Free Access for Nigerian Exports Under Developing Countries Trading Scheme

United Kingdom has reiterated its long-term commitment to strengthening economic ties with Nigeria, confirming that 99% of Nigerian goods will continue to enjoy duty-free access to the UK market under the Developing Countries Trading Scheme (DCTS).

Dr. Richard Montgomery, British High Commissioner to Nigeria
The announcement reinforces the UK’s intention to bolster sustainable trade with Nigeria, boost export competitiveness, and promote inclusive economic growth across both nations. Introduced in June 2023, the DCTS is designed to reduce tariffs and simplify export rules for developing economies. It currently benefits 37 African countries, with Nigeria being a key player.
Nigerian exporters are set to gain substantial advantages from the scheme, which allows over 3,000 products—ranging from cocoa, plantain, and shrimp to processed items like cocoa paste, palm oil, and cotton garments—to enter the UK duty-free or with reduced tariffs. This shift supports value addition in Nigeria’s export ecosystem, encouraging the move from raw to processed exports.
British High Commissioner to Nigeria, Dr. Richard Montgomery, said: > “Nigeria stands at the heart of the UK’s global trade ambitions. This isn’t just about improved market access—it’s about building a fairer, freer global trading system that supports economic growth and job creation, both in developing countries and in the UK.”
He further noted that through the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP), the UK continues to work closely with the Federal Ministry of Industry, Trade and Investment (FMITI) to tackle export challenges and maximise opportunities under the scheme.
The DCTS aligns with broader UK efforts to expand trade relations across the globe, complementing recent agreements with nations such as India and the United States.
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