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Job: Nigeria, Britain partner to combat unemployment

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The Nigerian government has expressed its willingness to partner with the British Government in tackling unemployment and creating job opportunities for young persons in the country. The Minister of State for Labour and Employment, Dr Festus Keyamo, with the Political Counsellor, British High Commission, Mr Dominic Williams. PHOTO: NAN The Minister of State for  Labour  and Employment, Dr Festus Keyamo, stated this when the Political Counsellor, British High Commission, Mr Dominic Williams, paid him a courtesy visit in Abuja. “We are ready to collaborate with our partners all over the world to open up avenues for job creation. We are open to all kinds of suggestions and levels of co-operation,” he said. He disclosed that the Government has opened up other sectors as part of efforts to diversify the economy from oil, which would, in turn, create room for employment. According to him, part of the efforts of Government to diversify the economy and boost job creation...
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MTN to offer mobile banking in Nigeria next year

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MTN Group will apply for a mobile banking licence in Nigeria and plans to launch the service there next year, its CEO said on Tuesday, further embedding the South African telecoms company in its biggest market. MTN-Office Federal government announced last month that it would allow telecom companies to provide banking services, aiming to give millions of Nigerians without bank accounts access to so-called mobile money services, a policy that has been very successful in Kenya. MTN runs Nigeria’s biggest mobile phone network serving 56 million people, but it is also involved in a dispute with the authorities after the Central Bank of Nigeria,CBN said it illegally transferred $8.1 billion overseas. Separately, it has been slapped with a $2 billion Nigerian tax bill and whether those issues could influence how quickly MTN secures a licence remains to be seen. “We will be applying for a payment service banking licence in Nigeria in the next month or so, and if all goes accordin...