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  • Vitel Wireless Partners OPay, Moniepoint for Airtime and Data Purchases

    Vitel Wireless has announced a partnership with fintech companies OPay and Moniepoint to enable millions of Nigerians purchase airtime and data directly through their digital wallets and banking platforms.

    The collaboration gives users of both fintech platforms direct access to Vitel Wireless telecom services for easier airtime top-ups and data bundle purchases.

    Vitel Expands Telecom Access Through Fintech Platforms

    According to the company, the partnership is aimed at improving access to mobile connectivity across Nigeria, especially in rural and underserved communities where telecom distribution channels remain limited.

    The integration allows OPay and Moniepoint users to buy airtime and subscribe to data plans directly from their existing wallets without needing extra platforms or agents.

    The Vitel Wireless partnership has already attracted attention in latest Nigerian business news as telecom and fintech services continue merging across the country.

    Company Speaks on Partnership With OPay, Moniepoint

    Vitel Wireless Chief Operating Officer, Chudi Nwabueze, said the collaboration extends the company’s existing partnership structure beyond traditional banks into Nigeria’s fast-growing fintech ecosystem.

    “Vitel Wireless continues to showcase the close collaboration between financial services and telecom services by extending its partnership model with traditional banks to fintech giants such as OPay and Moniepoint,” Nwabueze said.

    The company noted that the move would simplify access to telecom services while improving convenience for users nationwide.

    Fintech, Telecom Collaboration Grows in Nigeria

    The latest development further highlights the growing relationship between Nigeria’s telecom and fintech industries.

    With millions of active users, platforms like OPay and Moniepoint have expanded beyond payments and transfers into broader digital service ecosystems.

    Industry observers say the growing fintech customer base now makes such platforms attractive distribution channels for telecom providers seeking wider reach.

    The Vitel Wireless telecom partnership has continued trending in breaking business news Nigeria today due to increasing interest in digital financial services and mobile connectivity.

    Vitel Targets Rural Connectivity Expansion

    Vitel Wireless Product Marketing Manager, Odera Ben-Chiobi, said the collaboration aligns with the company’s mission of expanding affordable connectivity across Nigeria.

    “By partnering with leading fintech platforms like OPay and Moniepoint, we are bringing telecom services closer to millions of Nigerians, particularly in rural areas where access has traditionally been limited,” she said.

    She added that the partnership would also contribute to financial inclusion by combining telecom services with digital financial tools within one ecosystem.

    Vitel Wireless currently operates nationwide through an infrastructure-sharing agreement with MTN Nigeria, allowing the company to leverage MTN’s existing radio infrastructure.

  • Adeosun Raises Alarm as Dangote Struggles to Find Skilled Workers in Nigeria

    Former Minister of Finance, Kemi Adeosun, has raised fresh concerns about Nigeria’s labour market, pointing to a widening gap between job seekers and employable skills.

    She made the remark during an appearance on Channels Television’s The Platform, citing a recent discussion with industrialist Aliko Dangote.

    “Too many CVs, not enough skills”

    Adeosun said Dangote expressed frustration over the difficulty of recruiting qualified staff locally, despite receiving large volumes of applications.

    “I had a conversation with Dangote recently… he told me it’s not that he wants to employ foreigners but he can’t get staff in Nigeria,” she said.

    She noted that the situation suggests a deeper structural issue within the country’s workforce.

    Growing mismatch in labour market

    According to Adeosun, the problem goes beyond unemployment figures, pointing instead to a disconnect between education and industry needs.

    She warned that many graduates lack practical, job-ready skills, making it difficult for employers to fill roles even when vacancies exist.

    Echoes of earlier concerns

    Her comments come shortly after Moniepoint CEO Tosin Eniolorunda revealed that the fintech company is struggling to fill over 500 roles due to a shortage of qualified candidates.

    The parallel concerns from both the industrial and tech sectors have intensified discussions around Nigeria’s workforce readiness.

    Online reactions highlight deeper tensions

    The remarks have triggered mixed reactions online, with some Nigerians blaming poor education and lack of training opportunities, while others questioned whether companies are offering competitive salaries.

    The debate continues to reflect broader concerns about wages, employability, and the future of Nigeria’s workforce.

  • “How Much Are You Paying?” — Phyna Questions Moniepoint as Hiring Debate Heats Up

    Reality TV star Phyna has weighed in on the growing controversy surrounding Moniepoint’s hiring challenges, questioning whether salary levels match expectations for “global talent.”

    Her reaction comes after comments attributed to the company’s CEO, Tosin Eniolorunda, about difficulties filling over 500 roles in Nigeria.

    Phyna questions pay vs reality

    In a viral response, Phyna challenged the narrative that Nigerians lack skills, shifting attention instead to compensation and living conditions.

    “How much is the salary?” she asked, arguing that some content creators reportedly earn more daily than certain monthly corporate wages.

    She also pointed to rising living costs, including rent and basic expenses, insisting that job vacancies cannot be viewed in isolation from economic realities.

    “You cannot just say Nigerians are not smart because jobs are not being filled,” she said.

    “I studied engineering” — reality star speaks

    Phyna added that her own career path reflects broader systemic issues, revealing she holds an engineering degree but chose a different route.

    “I have my certificate… If Nigeria gets better, I will dust it and move into the corporate world,” she said.

    Her remarks struck a chord with many young Nigerians navigating similar choices between traditional careers and alternative income streams.

    Debate over talent gap intensifies

    The comments come amid a wider conversation in Nigeria’s tech space about employability, skill gaps, and corporate expectations.

    While some industry voices maintain that there is a shortage of globally competitive talent, others argue that salary structures and work conditions play a major role in attracting qualified professionals.

    Mixed reactions across social media

    Online reactions have remained divided, with some supporting Phyna’s position on wage realities, while others insist that skill development remains a key challenge.

    The controversy continues to fuel discussions around the future of work in Nigeria, especially as companies expand and compete in the global market.

  • Moniepoint Salary Document Leaks, Sparks Debate After CEO’s ‘Global Talent’ Claim

    An alleged salary document linked to Moniepoint has surfaced online, igniting fresh debate over pay standards in Nigeria’s tech sector.

    The document, which began circulating on social media, comes days after the company’s CEO raised concerns about the availability of global-standard talent in the country.

    Leaked pay details raise questions

    The document was shared by an X user, @unkleAyo, who claimed it reflects a Quality Assurance role package at the fintech company.

    According to the post, the annual salary is put at about ₦1.9 million, a figure that quickly drew attention.

    “This is currently circulated as what Moniepoint offers for a Quality Assurance role. ₦1.9M per year,” the user wrote.

    The claim further compared the figure to global earnings, suggesting it translates to roughly $1,300 annually.

    Work terms outlined in document

    Details in the alleged offer also included standard working hours from 8am to 5pm, with the possibility of extended hours depending on operational needs.

    It noted that extra hours may not attract additional compensation unless approved by the company.

    The document further stated that employees are expected to remain fully committed to assigned duties, attend meetings, and comply with internal policies.

    Bonus structure included

    Beyond the base pay, the package reportedly features a performance-based bonus ranging from 0 to 50 percent of the annual salary.

    The base compensation itself was listed at approximately ₦1,894,736 per year, subject to deductions.

    Online reactions intensify debate

    The development has triggered mixed reactions online, with many questioning whether such compensation aligns with ambitions to build globally competitive teams.

    Others argued that salary structures must reflect market realities, while some urged caution, noting that the document has not been officially confirmed by the company.

    The conversation adds to a growing debate around talent, compensation, and competitiveness within Nigeria’s evolving tech ecosystem.

  • “Are You Paying Global Salary?” UK-Based Nigerian Fires Back at Moniepoint CEO Over Talent Criticism

    A UK-based Nigerian has responded sharply to Moniepoint CEO Tosin Eniolorunda’s recent comments about difficulties in finding Nigerian professionals who meet global standards.

    The response came in a video circulating online, where he questioned whether local salary structures match the global talent expectations being demanded.

    “I understand your goal, but salary matters”

    The man said he understood the fintech boss’s ambition of building a globally competitive company but argued that compensation remains central to attracting top talent.

    “I saw the video where you said it’s hard to recruit Nigerians because they don’t meet global standards. That’s fine, I understand where you’re coming from,” he said.

    He, however, questioned whether the remuneration being offered aligns with global benchmarks.

    Comparison with UK earnings

    Drawing a comparison with the United Kingdom, where he currently resides, he broke down hourly wages to make his point.

    “In the UK they pay about £13 an hour, roughly N20,000 per hour. That’s about N160,000 per day for a 9–5 job, which is about N3.2 million monthly,” he explained.

    He added that even a slightly lower range in Nigeria would still be a strong incentive for skilled workers abroad.

    “If you’re paying N2 million to N2.5 million, people will consider relocating,” he said.

    Push for stronger compensation structure

    The UK-based Nigerian argued that better pay could help reverse talent migration and attract Nigerians in the diaspora.

    He suggested that competitive packages would encourage skilled professionals to return or collaborate remotely.

    “So sir, just let us know. Because you want global talent, are you paying global salary?” he asked.

    Debate around talent and wages continues

    His remarks come amid ongoing discussions triggered by Moniepoint’s CEO, who recently highlighted a gap in talent quality within Nigeria’s job market.

    While some support concerns over skills and standards, others insist that salary levels and work conditions remain a major barrier to attracting top-tier professionals.

     

  • Moniepoint CEO Raises Alarm Over Talent Gap, Says 500 Roles Remain Unfilled

    The Chief Executive Officer of Moniepoint Inc, Tosin Eniolorunda, has raised concerns over a growing talent gap in Nigeria, revealing that the company is struggling to fill about 500 open positions despite ongoing recruitment efforts.

    He made the disclosure in a video interview while speaking on workforce challenges facing the fintech sector.

    500 vacancies remain unfilled

    Eniolorunda said the company deliberately shifted its hiring focus to Nigeria in 2024 but began encountering difficulties by 2025.

    According to him, the challenge goes beyond numbers, as many applicants do not meet the required standards.

    “We have probably 500 vacancies, and we are struggling to fill those roles. Not only could we not find people in the quantity we needed, but the few people we found were not up to the global standards,” he said.

    Focus on global competitiveness

    The Moniepoint CEO explained that the company competes with international firms, particularly in Asia, making high-quality talent essential.

    He noted that building competitive products requires skilled professionals who can operate at global levels.

    “My biggest competitors are from China. I need to make sure I have world-class people working in the organisation,” he added.

    Concerns over education and values

    Eniolorunda linked the talent gap partly to challenges within Nigeria’s education system.

    He also pointed to broader societal influences, including the growing appeal of quick wealth, internet fraud culture, and excessive social media use.

    According to him, these trends may be affecting discipline and long-term skill development among young people.

    Calls for urgent intervention

    The fintech executive described the situation as a deeper societal issue, warning that declining standards could impact national competitiveness.

    “I am honestly beginning to feel like we need to do something to prevent the general quality of reasoning in this country from declining further,” he said.

    He also highlighted what he described as a role-model gap, noting that many young Nigerians are increasingly influenced by visible wealth rather than sustainable success built on skills.

    Wider implications

    The development adds to ongoing conversations about skills development, education reform and workforce readiness in Nigeria’s growing tech ecosystem.

    Industry observers say addressing the gap will be critical to sustaining innovation and competitiveness in the sector.

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