Business

Nigerians qualify as UK launches scale-up visa for skilled workers

Published

2 years ago

August 22, 2022 7:26 pm

BodexNG

The United Kingdom says foreign nationals can now apply for its scale-up visa effective August 22.

According to a statement released on Monday, the government said the new visa type will avail UK’s top high-growth businesses greater flexibility and power to entice talents from anywhere in the world.

What is a scale-up visa?
It is a route for foreign talents who have been sponsored by a scale-up company in the UK and who have the skills needed to enable the growth of scale-up businesses.

The professions qualified for the scale-up visa include scientists, engineers, programmers, software developers, research and development professionals, economists, architects, technicians, financial and investment advisers.

Unlike other sponsored visas, the scale-up visa allows businesses to employ high-skilled individuals who will receive two years’ leave to remain in the UK without requiring further sponsorship or permission beyond the first six months.

“This will further enhance the government’s overall offer to businesses through the points-based immigration system to hire eligible employees from anywhere in the world. The Scale-up visa will give them greater flexibility to hire, often in-demand, talent they need so they can go to the next level, while boosting the UK’s high-skilled pool,” the statement reads.

“Companies, including small businesses and those in the tech and financial services sectors, that have achieved growth of 20% or more in either employment or turnover year-on-year for at least 3 years and employed a minimum of 10 people at the start of the 3 years will be eligible to sponsor talented individuals through the Scale-up visa.”

Kevin Foster, the UK minister of safe and legal migration, said with the scale-up visa, businesses will get the right level of support “to go to the next level”.

“Through our Scale-up visa, we’re enabling businesses to focus on their growth and innovation by giving them more freedom to bring in the diverse skills and experience they need, making them more attractive on an international stage,” Foster said.

“By supporting our high-growth tech, financial services and small businesses, we are ensuring the UK remains a global hub for emerging technologies and innovation while enhancing productivity across the economy – creating jobs, growth and prosperity across Britain.”

Business

Nigeria’s GDP rate grew by 3.46% in Q3 2024, says NBS

Published

11 hours ago

November 25, 2024 1:29 pm

BodexNG

The National Bureau of Statistics (NBS) says Nigeria’s annual gross domestic product (GDP) grew by 3.46 percent in the third quarter (Q3) of 2024.

The NBS, in its GDP report published on Monday, said the growth rate is higher than the 3.19 percent recorded in Q2 2024.

Business

Dangote refinery reduces ex-depot price of petrol to N970 for oil marketers

Published

14 hours ago

November 25, 2024 11:01 am

BodexNG

The Dangote Petroleum Refinery has announced a reduction in its ex-depot price of premium motor spirit (PMS), also known as petrol, to N970 per litre for oil marketers.

This is a cut from the refinery’s N990 ex-depot price announced earlier this month, according to a statement on Sunday.

The slash would help marketers save about N20 on each litre of petrol bought from the Lekki-based plant.

Anthony Chiejina, Dangote Group’s chief branding and communications officer, said the move is the refinery’s way of appreciating Nigerians “for their unwavering support in making the refinery a dream come true”.

“In addition, this is to thank the government for their support as this will complement the measures put in place to encourage domestic enterprise for our collective well-being,” the statement reads.

“While the refinery would not compromise on the quality of its petroleum products, we assure you of best quality products that are environmentally friendly and sustainable.

“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption; thus, dispelling any fear of a shortfall in supply.”

Business

Allegation of missing fund untrue, says Access Bank

Published

15 hours ago

November 25, 2024 9:16 am

BodexNG

Access Bank Limited has dismissed as untrue allegations of missing fund and unethical behaviour.

The Bank in a statement said: “Our attention has been drawn to a video on social media wherein allegations of missing funds and unethical behaviour have been made against Access Bank PLC.

“First and foremost, we wish to emphasise that the safety and security of our customers’ funds are core priorities which we take seriously. Second, Access Bank Plc does not engage in or condone any unethical behaviour.

“In the instant case, the allegations of missing funds in the Bank are most untrue and baseless.

“There is no N500million or any other fund or amount missing from the subject customer’s account or from any other customer’s account with us.

“We and other independent stakeholders in the banking industry have thoroughly investigated these allegations and independently arrived at the same conclusions.

“Access Bank PLC operates with the highest ethical standards, and we protect our customers’ interests whilst also respecting privacy laws.

“Consequently, whilst we have engaged and will continue to engage with our customers, we must advise the public not to rely on or believe sensational and unverified claims that are designed to titillate and mislead the public.

“We remain committed to serving our customers.”

Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others