Alphabet-backed fintech GoCardless nears $1 billion valuation amid digital payments boom

Payments technology start-up GoCardless raised $95 million in an investment round that values it at $970 million.GoCardless plans to capitalize on an emerging trend in finance called “open banking” and expand into e-commerce.The firm is the latest in a spate of European start-ups to have raised substantial funding from U.S. investors.LONDON — British financial technology… Continue reading Alphabet-backed fintech GoCardless nears $1 billion valuation amid digital payments boom

Seven-month strike lingers as ASUU, govt fight over payment platform

The Federal Government on Sunday criticised the Academic Staff Union Universities, saying issues concerning seven-month strike by  the union were confusing. The Minister of State for Education,  Emeka Nwajiuba, who stated this in an interview with one of  correspondents in Abuja, accused the union of muddling things up over the Integrated Payroll and Personnel Information… Continue reading Seven-month strike lingers as ASUU, govt fight over payment platform

FG and ASUU disagree on payment platform for N30bn allowances

The Federal Government and the Academic Staff Union of Universities have again disagreed on the payment platform which will be used in disbursing the salary arrears and the N30 billion earned allowance of university lecturers. While the Minister of Labour and Employment, Chris Ngige offered to pay the salary arrears and the N30 billion Earned Allowances of the university… Continue reading FG and ASUU disagree on payment platform for N30bn allowances

Staff directs boss to transfer her entire salary to a church

Many people have been left stunned after a staff directed her boss to transfer her entire salary to a church. There is a growing debate on social media, whether her boss should honour the request, as some argue that it is unethical for a boss to send a workers salary elsewhere. Taking to social media,… Continue reading Staff directs boss to transfer her entire salary to a church