Efforts are currently ongoing to depopulate the growing population of Internally Displaced Persons in the camp set up at Dikwa local government area of Borno State, the National Emergency Management Agency in collaboration with Borno State Emergency management agency, has started moving the IDPS to new camps set up in Ngala, Marte, Bama and Mafa councils.
Deputy Governor of Borno State, Alh Usman Dikwa, accompanied by chairmen of the affected local governments was at Dikwa, where a team of Emergency and Humanitarian workers led by zonal coordinator NEMA North-East, Muhammed kanar delivered food items and health care facilities for the upkeep of the IDPS in their new locations.
Buses and trailers were provided to transport the IDPS and their belongings to their local Government of origin, among the places declared safe by the military.
NEMA mobile clinic and medical team were on hand to provide medical care, while excavators were provided to dig trenches in the new locations to make them more fortified.
President Muhammadu Buhari has lamented the lack of infrastructural investment in the petroleum sector since the 1970s.
The president maintained that the best development in the industry happened under the then General Olusegun Obasajo administration under which he served as commissioner for petroleum.
The president, who was in Ogun State for a two day visit, recalled that the then military government built all the refineries in the country and the country was even exporting exporting refined petroleum.
He also lauded the developmental strides of the Ogun state governor, senator Ibikunle Amosun describing the strides as ‘confusing and disorientating’.
Buhari, who recalled that Abeokuta was his first station as a commission officer in 1963 confessed that with what Amosun had done with the state, he cannot find his way around the state due to the giant transformations.
AviaDev Africa, a unique platform bringing together airlines, airports, hotel and hospitality investors for the first time, is being launched this year in Rwanda.
The inaugural forum on aviation route planning and development will run in parallel with the prestigious Africa Hotel Investment Forum (AHIF), providing government and industry with a valuable opportunity to take a strategic approach to the expansion of travel across the continent.
Leading airline, airport and hotel executives, alongside government representatives, will be able to explore the crucial link between aviation and hotel investment and discuss potential new airline routes in exclusive one-to-one meetings.
The conference is timely. 7 of the 10 fastest growing passenger markets over the next 20 years will be in Africa, according to a 2015 IATA report, and Rwanda, the host country, is among them.
The event will include workshops on the rise of the “airport city” in Africa, organised by leading experts WiedemannConsultants GmbH, as well as the environmental factors needed for success. International consultants, InterVISTAS, will also run a route development masterclass.
Delegates will have the opportunity to organise route development meetings with a range of airports and airlines to help realise Africa’s full potential.
AviaDev Africa will open at the Radisson Blu Hotel and Convention Centre in Kigali on 4 October, joining the main AHIF conference on 5 and 6 October.
Jonathan Worsley, Chairman of Bench Events, which organises AHIF, said: “AviaDev Africa will be a valuable opportunity for leading executives from aviation and hotel development to have some serious and fruitful discussions on how to develop the future connectivity of the continent.”
Mario Fulgoni, CEO of Air Djibouti, said: “We need to get at a high level, the airline community and hotel investors and brands together to have a co-ordinated response. Africa is a little different to Asia, Europe and the States, because the hotels are really not in place. My view is that if you build it they will come. The hotel owners would say if we had the services, we’d build the hotels. So we’ve got to get past the chicken and egg situation. Build a co-ordinated investment programme so we can develop the two things side-by-side.”
Belise Kariza, Chief Tourism Officer at the Rwanda Development Board, said: “We want to showcase Rwanda as a key destination to do business. The AHIF conference is a vital part of that, and the addition of a forum focused on aviation developments, AviaDev, provides an important platform for the aviation and hotel sectors to discuss future development projects and forge new relationships.”
AHIF is the premier hotel investment conference in Africa, attracting over 500 high-calibre executives from 45 countries, as well as key Government representatives.
Yakubu Dogara, Speaker, Nigeria's House Representative Denies Media report
On Tuesday, top officials of Ministries and Agencies in Nigeria appeared before the House of Representatives to defend their budgetary allocations.
One of the agencies at the defence was the Nigeria Prison Service, which made an appeal for extra budgetary allocation to help it take care of the over 65,000 prisoners in its custody.
The Comptroller General of Prisons, Ezenwa Ekpendu, who represented the agency, said more funding would enable the agency upgrade prison facilities to adequately cater for inmates.
The House of Representatives had suspended plenary for two weeks to allow committees concentrate on the 2016 budget.
Part of the officials of the other ministries that appeared before the lawmakers was the Minister of Environment, Hajia Zainab Ahmed.
At the interactive session, the Minister said Nigeria was predisposed to severe negative impacts of climate change due to lack of proper coordination to mainstream climate change concerns into national development planning process.
Some agencies under the Ministry of Interior were also before the House Committee on Interior to defend their budgets, Other Ministries present are Nigerian Immigration service, Nigeria Railway Coporation represented by Haliru Mohammed whose view at a point resulted into arguments.
The Minister of Transport, Chibuike Amaechi, was also at the hearing.
The investigative hearing panel is expected to submit its findings to the House in plenary for deliberation.
President of the Upper House of Assembly, Bukola Saraki, has warned that the 2016 Budget would only be successful, if emphasis would be on the non-oil and independent revenue generating sources.
Senator Saraki, while fielding questions from Senate Correspondents after commissioning the newly upgraded Senate Press Centre at the National Assembly, said the 8th Senate would focus attention on the revenue generating areas and ensure that all leakages were blocked.
The Senate President stated that though the 2016 budget proposal was ambitious, it could be achieved if all that is necessary to make it work was put in place.
“Some of the things that we will begin to look at and which we are going to advise the executive is that while we are working on the budget now, they too should begin to start working on how to make a plan for implementation.
“What tends to happen is that even after we have passed the budget, the administration bureaucracy sometimes make the budget delay,” he said.
The Senate President further stated that it was likely that the Senate would come out with an amendment bill as regards certain areas of the procurement bill.
He further expressed happiness that the Minister of Finance, Kemi Adeosun, had made some comments about the deficit in the budget and how it would be funded, he however stressed that funding the deficit is key to ensure that the ability to raise those funds are there.
Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, says the Direct-Sale–Direct-Purchase (DSDP) arrangement will take off in March. The DSDP replaces the crude-for-products exchange arrangement also referred to as crude swap.
The Minister who said this when he appeared before the House of Representatives Ad-Hoc Committee investigating the NNPC’s offshore processing and crude swap arrangement for the period between 2010 to date.
At the hearing held at the complex of the National Assembly in Abuja, Dr. Kachikwu told lawmakers that the DSDP would introduce and entrench transparency into the crude oil for product transaction.
Under the crude swap arrangement, crude oil was exchanged for petroleum products through third party traders at a pre-determined yield pattern.
The Minister stated that the DSDP option would eliminate all the cost elements of middlemen and empower the NNPC to take control of sale and purchase of the crude oil transaction with its partners.
“The initiative will save one billion dollars for the Federal Government.
He also explained that the DSDP initiative would reduce the influence of the Minister in the selection of bid winners.
He mentioned other benefit of the new plan to include growth of indigenous capacity in the international crude oil business and generation of employment opportunities for indigenous companies that are selected.
It will also give other government agencies like the Bureau of Public Procurement and Nigeria Extractive Industry and Transparency Initiative the opportunity to be a part of the bidding process in order to promote compliance with due process.
INVITATION FOR EXPRESSION OF INTEREST FOR PRE-SHIPMENT INSPECTION AND MONITORING OF OIL AND GAS EXPORTS.
INTRODUCTION
In line with the provisions of the Nigeria Export Supervision Scheme (NESS) Acts. No 10 of 1996 (Law of the Federation 2004),the Federal Government intends to engage the services of reputable and competent Service Providers for the Pre-shipment Inspection and Monitoring of Oil and Gas Exports from the country.
Further to the provisions of the Public Procurement Acts,2007 and extant regulations thereto, and in compliance with International competitive bidding process, the Federal Ministry of Finance hereby solicits for Expression of Interest from qualified and competent Service Providers. The interested Service providers can either be Foreign Firms, sole Nigeria Firms, or Joint Ventures of Foreign and Local Firms (with Notarised Joint Venture Memorandum of Understanding Specifying the roles and responsibilities of parties)
. Pre-shipment Inspection of Crude Oil Exports
. Pre-shipmen Inspection of Gas Exports
. Monitoring and Evaluation of Inspectors of Crude Oil and Gas Exports
2. SCOPE OF SERVICES
Pre-shipment inspection by an inspecting agent shall be with respect to their quality, quantity and price comparison
C) FORMAT FOR THE EOI
EOI for the aforesaid assignment must include the following
A brief company profile in narrative form with supporting documents for its registration, Article of Association/Memorandum of Association and Annual turnover of last 3 years. In the case of association be included Indicating the lead party.
Capability statement giving details about the experience and expertise of the service providers related to the interest. Please provide an outline of assignment/ projects of similar nature executed in the last 3 years. In the case of Joint Venture each party’s capability statement must be submitted.
QUALIFICATION REQUIREMENTS
Interested Service Providers should meet the following requirements:-
Be incorporated as a company, evidenced by certificate of incorporation with Corporate Affairs Commission (CAC) or its equivalent for foreign companies who must be ready to register equivalent for foreign companies who must be ready to register with CAC within six months of award.
Have at least five key staff, with relevant qualifications and experience (incude mini-bios of the personnel).
Own or have assured access through lease, hire, or other such method, of the essential equipment, tools, computers software and patent right, in full working order with necessary permits and licenses.
Provide audited financial statements for the last 3 years (2012,2013 and 2014) and matching tax clearance certificate.
Submission of satisfactory bank references and documents demonstrating availability of funds/liquid assets and/or credit facilities from reputable banker(s) of not less than N200million or one million dollars equivalent.
Have carried out similar assignments in the area of interest. All assignments must be evidenced by submission of award letter(S) and verifiable Certificate of satisfactory execution.
Companies incorporated in Nigeria must possess the following requirements wether expressing interest solely or in joint ventures with foreign technical partners:
Clearance Certificate from National Pension Commission as evidence of compliance with Pension Reform Act 2004 (as amended).
Evidence of compliance with the Industrial Training Fund (ITF) (Amendment Act 2011). Certificate of clearance from the Fund to be provided.
Evidence of registration with BPP National Data Base and other relevant Professional bodies.
NOTE:
Failure to provide the above requirements will automatically result in disqualification.
The Federal Ministry of Finance reserves the right to verify the authenticity of any claims on the documents submitted.
The Federal Ministry of Finance reserves the right to reject documents that do not meet the criteria without giving any reasons.
The Federal Ministry of Finance reserves the right to reject any proposal.
Only service providers that are found suitable will be pre-qualified and shortlisted to obtain the Request for Proposal (RFP) for next stage of the procurement.
The Federal Ministry of Finance reserves the right to reject all bids at any time prior to the acceptance of a bid, without incurring thereby any liability to the bidders.
The Federal Ministry of Finance reserves the right to cancel the procurement proceedings in the public interest ,without incurring any liability to the bidders.
4. SUBMISSION OF DOCUMENTS
Three copies of Pre-qualification Documents shall be enclosed in a sealed envelope for any of the services intended (as provided in paragraph 2a above) clearly indicated at the back of the envelope. The documents shall be delivered to the Office of the Director Procurement Room No 040, ground floor Federal Ministry of Finance phase 11 not later than 12 noon on 15th February,2016.
Pre-qualification bid documents will be publicly opened immediately after the submission deadline at the Ministry’s Main Auditorium.
Service Providers are expected to send one representative to the opening ceremony.
The relevant Professional Bodies and Non-Governmental Organization are also invited to attend
The Nigerian Air Force says its Unmanned Combat Aerial Vehicle (UAV) has destroyed a logistics base used by members of the Boko Haram terrorist group.
The UAV destroyed the base of the insurgents in Borno on Tuesday.
According to the Director of Public Relations and Information of the Nigerian Air Force, Group Captain Ayodele Famuyiwa, the UAV was on intelligence, surveillance and reconnaissance mission when it came across the gathering of Boko Haram terrorists at Garin Moloma, about one kilometer north of the Sambisa forest.
He said that the multiple explosions and huge fire ball from the location, was suspected to either be an ammunition/fuel storage or weapons/technical workshop.
“At the time of the UAV attack, the location, though under surveillance for quite a while, had a large gathering of Boko Haram terrorists and vehicles.
“This strike is thus a major setback for the Boko Haram Sect, and a major plus for the fight against insurgency by our own troops,” he stated.
The fourth prosecution witness in the ongoing trial of a former Director-General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Patrick Akpobolokemi and six others, testified at the Federal High Court sitting in Lagos on Tuesday.
The witness, Uche Obilor, who is the Managing Director of Ace Prothesis Limited, Seabulk Offshore Limited and Southern Offshore Limited, told the Court how his three companies were paid N905 million by the NIMASA for a contract he did not execute.
Led in an evidence by the counsel of the Economic and Financial Crimes Commission (EFCC), Rotimi Oyedepo, the witness also disclosed that he was approached by the NIMASA’s Executive Director for Maritime Safety and Shipping Development, Captain Ezekiel Agaba, who was the second defendant in the case.
He told the court that it was the Captain, who told him that his companies had been awarded the contract to assist NIMASA meet the International Ship and Port Facility Security (ISPS) Code for 2014.
The witness further testified that shortly after the money was paid, he was told by the Captain to stay execution on the contract.
He was subsequently directed to transfer the money into different accounts until N54 million was left in the accounts.
The N54 million, he said, had since being transferred to the coffers of the Federal Government.
Under cross examination, the witness admitted to the court that though, he held several meetings with the second defendant, he never met the first defendant, Akpobolokemi, neither did he receive any instructions or discuss with him.
The witness also admitted that despite being given the job description for the contract, his company lacked the capacity to carry out some of the functions.
The defence sought to prove that this was the reason for the stay of execution he received from NIMASA.
The cross examination of the witness would however, continue at the next adjourned date of February 5.
The former NIMASA DG was arraigned before Justice Ibrahim Buba along with the three other defendants, Captain Ezekiel Agaba, Ekene Nwakuche, Governor Juan and three companies, namely Blockz and Stonz Limited, Kenzo Logistics Limited and Al-Kenzo Logistic Limited.
In a 22-count charge filed against them by the EFCC, they were accused of converting a total of N2, 658,957,666 between December 23, 2013 and May 28 2015.
The defendants had all pleaded not guilty to all the counts.
Three staff of Ecobank have been arrested after they allegedly skimmed N2.7 million off customers’ accounts with the bank.
The suspects – Adetunji Oluwatoyin, Obademi Oluwatosin and Ogunshina Olushola – worked at the Iyana Ipaja branch of the bank and were said to have connived to commit the alleged fraud between July 10 and 24, 2015. It is revealed that a whooping sum was diverted from some customers’ accounts to a private account through forging of their signatures to help with the transaction.
The bank wrote a petition to the police, leading to their arrest. According to police, Oluwatoyin already admitted to the crime. The suspects were arraigned at Tinubu Magistrate’s Court on three counts bordering on forgery and fraud by a police prosecutor, Inspector Nurudeen Thomas.
The defendants, however, pleaded not guilty to the charges.
The Chief Magistrate, Mrs. K.B. Ayeye, admitted them to bail in the sum of N200,000 each with two sureties each in like sum and adjourned the case till February 22, 2016.
The Federal Government and the European Union, German Government set out to promote the use of the International Standard (ISO 50001) for Energy Management System (EnMS) in Nigeria. Its implementation would lead to a minimum of 20% energy savings, through the reduction of greenhouse emissions and also assist in the fight against climate change.
According to the Head of Programme for the Nigerian Energy Support Programme (NESP), Ina Hommers, the EnMS constitute a proven method for sustainable energy efficiency and improved performance in industries across the world. Thus encouraging stakeholders to participate in the successful implementation of the ISO 50001.
However, the Director, Planning, Research and Statistics at the Standards Organization of Nigeria (SON), Dr. Justice Eka, spoke of a coming legislation that would promote the use of energy efficient variants of refrigerators, air conditioners and other appliances.
“Incidentally, there exists an international standard that organizations use to reduce their energy consumption. That Standard is titled ISO 50001. It is an Energy Management System standard. What that standard does is that it gives the organization guidelines on what it needs to do to establish a management system that would enable it to continuously reduce its energy consumption.” he said.
He also added that the organisation should establish a policy of their energy consumption, set objectives and ascertain how much energy they want to reduce its usage.
Pfizer – Good health is vital to all of us, and finding sustainable solutions to the most pressing health care challenges of our world cannot wait. That’s why we at Pfizer are committed to applying science and our global resources to improve health and well-being at every stage of life. We strive to provide access to safe, effective and affordable medicines and related health care services to the people who need them.
We are recruiting to fill the following positions below:
GlaxoSmithKline (GSK), one of the world’s leading research based pharmaceutical and healthcare companies, is committed to improving the quality of human life by enabling people to do more, feel better and live longer. GSK employs over 97,000 employees in over 100 countries worldwide.
GlaxoSmithKline Consumer Nigeria Plc is one of Africa’s largest consumer healthcare companies, producing leading brands such as Lucozade, Ribena and Panadol.
We are recruiting to fill the position below:
Job Title: Business & Insights Planning Manager
Requisition ID: WD55770 Location: Lagos
Job type: Full time
Job Responsibilities
Details:
Gather and maintain highest organizational capability of consumer, customer and market insight to support commercial organization
Conduct integrated long-term macro-economical forecasts for the total pharmaceutical market, short-term forecasts and competitive business scenarios as input to corporate and marketing plans business and industry analysis to inform commercial decision-making.
Generate and report monthly company-wide dashboards with agreed KPIs
Continuously assess portfolio and market dynamics to identify potential gaps
Conduct regular business developments opportunities identification
Implement a comprehensive, integrated and effective Cycle Grid for Pharma business:
Ensure that Information systems effectively support the planning process
Ensure development and refinement of actionable and meaningful customer and consumer segments (trade clusters), for the area
Recommend priority segments, objectives and approach
Ensure implementation of all marketing research & information common platforms and best practices
Participate in the definition of consumer pricing guidelines, providing market context and consumer requirements, and developing strategic scenarios (e.g., price sensitivity analysis )
Drive the development of new research methodologies and analytical techniques and generate innovative ideas on how to approach customer and consumer segments
Support HCPs/Account profiling segmentation.
Requirements
Basic Qualifications:
A good first degree
Strong market research experience – conducting, analysing and leading market research in FMCG or pharmaceutical industry up to senior manager level.
Minimum of 10 years related experience
Preferred Qualifications:
Relevant Master’s degree is desirable
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should APPLY
IROKO Partners Limited is a super fast growing start-up business. We are the fastest growing digital media company offering West African content globally. Our mission is to provide easier access and discovery of quality entertainment content to hundreds of millions of people on devices of their choice. We work across three continents and have offices in London, New York and Lagos.
We are recruiting to fill the position of:
Job Title: Social Media Specialist
Location: Lagos
Responsibilities & Duties
Promote irokotv and its content to fans and prospective customers via social media, including Facebook, Twitter and Instagram in a conversion driven, and engaging way.
Create and maintain a social media editorial calendar and posting schedule.
Create, curate, and manage published content on social media platforms (images, video and text).
Monitor and listen to users on social media platforms.
Expand community and/or blogger outreach efforts.
Become an advocate for the company in social media spaces, engaging in dialogues and answering questions where appropriate.
Monitor trends in social media tools, applications, channels, design and strategy.
Identify and report threats and opportunities in user generated content.
Analyze campaigns and translate anecdotal or qualitative data into recommendations and plans for revising social media campaigns.
Willing to go the extra mile to ensure we deliver the best user experience.
Qualification
A good University Degree in Marketing Communications or Related Field.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should APPLY
InterContinental Lagos is located on Victoria Island, in the centre of Lagos home to the majority of foreign embassies and multinational companies, making it the perfect residence for affluent business and diplomatic travellers. Built on an elevated terrain overlooking Lagos’s port and the city below, the 19 storey hotel offers uninterrupted, spectacular views of Lagos Skyline. InterContinental Lagos comprises of 352 well-appointed, elegantly decorated rooms and suites as well as a Club InterContinental floor.
What is your passion? Whether you’re into tennis, baking or karaoke, at IHG we’re interested in YOU. We employ people who apply the same amount of care and passion to their jobs as they do their hobbies – people who put our guests at the heart of everything they do. And we’re looking for more people like this to join our progressive & committed opening team at the InterContinental Lagos.
We are currently recruiting for the following vacant positions:
Jumia is the largest e-commerce mall in Africa with over 100,000 unique visitors a day, buying everything from Fashion to Phones. Founded in 2012 in Nigeria, Jumia’s mission is to revolutionize the concept of shopping by providing customers with the best online shopping experience.
Jumia is part of Africa Internet Group, a leading global incubator of start-ups specialised in e-commerce. Africa Internet Group is Africa’s leading internet firm, with already over 3,000 employees in over 20 African countries and huge successes such as Jumia.com, Kaymu.com, Hellofood.com, Lamudi.com, Carmudi.com and Jovago.com. It is led by top talented leaders offering a great mix of local and international talents and is backed by MTN, Millicom and Rocket Internet.
Africa is one of the fastest growing economies in the world, offering excellent opportunities in a vibrant and booming environment. Its economic growth has enabled innovative businesses to flourish and this is where Africa Internet Group steps in.
We are recruiting to fill the position below:
Job Title: Merchandiser Associate
Location: Nigeria
Department: Marketing
Job type: Full time
Job Descriptions
The Onsite Merchandizer Associate is responsible for the overall aspect and maintenance of the website and app.
He must be aware of his responsibility as a steward and the first link with our customers. His work is the showcase of our entire company.
You will report to the Onsite Merchandizer and Top Management. The position is based in our office in Lagos.
Your position as Onsite Merchandizer Associate entails:
Update and maintain the website on a daily basis to optimize revenues (incl. campaigns, banners, content, etc.),
Create and maintain static pages, as well as optimize according to performance,
Coordinate (incl. briefings) with designers to get best in class designs for campaign implementation,
Implement the weekly commercial plan and campaigns for main commercial events,
Provide business-oriented insight to the Onsite Merchandizer,
Optimize the website to improve performance,
Responsible for the quality of website content,
Implement new IT/technical features,
Profile Requirements
Well organized and with a good sense of anticipation,
Fast learner and initiative taker,
Rigorous in execution, strong attention to details,
Trustworthy and very independent with a strong ability to go further than the expectations,
Ability to work under pressure with tight deadlines,
Previous experience in online marketing, project management or IT,
Coding skills (HTML, CSS, Java) and Photoshop is a plus, at ease with website back-end tools,
Application Closing Date
Not Specified.
Method of Application
Interested and qualified candidates should APPLY
Dangote Industries Limited is one among the largest business conglomerates in Africa. having various manufacturing and service industries including Cement, Sugar, Packaging Materials. Steel. Fertiliser. Petroleum Refining. Petrochemicals, Gas processing. Salt. Vegetable Oil. Tomato Paste, Real Estate,Transportation, etc. A state of the art petroleum refinery (the world’s largest single train refinery) with an integrated petrochemical complex and an ultra-modem fertiliser complex with thelargest trains in the world. are under construction at lekki in Lagos State.
We are recruiting to fill the following vacant positions:
Transactions on the floor of the Nigerian Stock Exchange, NSE, received a boost on Tuesday, February 2 after renewed bull strength halted the lingering downward trajectory.
The All Share Index leaps marginally by 0.03% to close at 23,834.87 points on compared with the depreciation of 0.37% recorded on Monday, February 1. Year-to-date (YTD), the NSE ASI depreciated by 16.78%.
Likewise, the Market Capitalization soared by 0.03% to close at N8.20trn, compared with the depreciation of 0.37% recorded yesterday to close at N8.19trn.
The marginal appreciation recorded in the share prices of Dangote Cement, UBA, Access Bank, Stanbic IBTC Holdings, PZ Cussons and Dangote Sugar were mainly responsible for the marginal gain recorded in the value of the Index.
The three most actively traded stocks were: UBA (123.03mn), Sterling Bank (50.10mn) and Zenith Bank (33.37mn). The most actively traded sectors were: Financial Services (290.31mn), Consumer Goods (9.63mn) and Conglomerates (3.90mn).
The total value of stocks traded on the floors of The NSE today was N2.41bn, down by 52.67% from N5.10bn traded on Monday.
The total volume of stocks traded was 313.67mn in 3,451 deals.
This year’s Employee Health Week of First City Monument Bank (FCMB) Limited began on Monday, February 1, 2016 with an assurance by the financial institution that it would continue to encourage and execute programmes that will promote healthy living for employees and their families. It will run till February 6, 2016.
In a statement, FCMB explained that during the week, its employees will participate in various initiatives, in an effort to generate sustainability for a healthy lifestyle and initiate healthy activites on an ongoing basis.
Among the activities lined-up for the week is the setting-up of medical screening centres in 32 branches of the Bank across the country to check staff blood pressure, blood sugar, cholesterol and Body Mass Index (BMI). In addition, there will be free mammogram tests for all interested FCMB female employees and the spouses of male colleagues. These would be carried out by a team of highly experienced medical personnel.
Also, the Bank, through the services of a professional nutritionist, has produced a healthy eating cookbook containing details of how to prepare healthy versions of popular Nigerian dishes.
The highpoints of this year’s FCMB Employee Health Week is a family fitness day event for employees of the Bank, their spouses and children, scheduled to hold at Onikan Stadium, Lagos on Saturday, February 6, 2016. The event will involve various sporting and other fun-filled fitness activities
Commenting on the significance of the Health Week, the Divisional Head, Human Resources and Strategy, Felicia Obozuwa, said:
‘’Employee Healthis a key priority for us. The HealthWeek is one of our initiatives that has been instituted to promote a healthy lifestyle for ouremployeesand their family members to ensure a healthy society’. We recognize the enormous efforts and contributions of our employees in the growth and achievements recorded over the years by the Bank. We are determined to build an organization that is impactful in the lives of our employees and other stakeholders to reinforce our core values of professionalism, sustainability, customer focus and excellence. Hence, we will continue to carry out programmes that will ensure that ouremployees get the best information, to ensurethe best state health, which is in linewith our ‘great place to work’mission’’.
First City Monument Bank (FCMB) Limited is a member of FCMB Group Plc, which is one of the leading financial services institutions in Nigeria with subsidiaries that are market leaders in their respective segments. Having successfully transformed to a retail and commercial banking-led group, FCMB expects to continue to distinguish itself by delivering exceptional customer experience, while empowering its customers to achieve their aspirations.
Indigenous oil firm, Forte Oil Plc, has declared N5.794 billion profit after tax in its audited financial result for the year ended December 31, 2015.
The firm being the first to release its audited result for 2015, grew its profit after tax by 30 per cent from N4.57 billion in 2014, as its earning per share rose to N4.57.
Forte Oil’s revenue slumped by 26.7 per cent to N124.6 billion from N170.1 billion in 2014, which was due to drop in volumes in its fuels segment which dropped to N104 billion compared to N170 billion in 2014.
The company also declared a dividend per share of N3.45 which indicates a dividend yield of about 1.1 per cent.
Administrative and other expenses went up by 17 per cent to N13.72 billion from N11.73 billion in 2014, while cost of sales declined by 30 per cent from N151.66 billion to N106.26 billion in 2015.
Also, other income for the group rose a whopping of 190 per cent to N4 billion compared to N1.4 billion in 2014.
Commenting on the result, the group chief executive officer, Forte Oil, Akin Akinfemiwa, said: “The result is an indication that we are operating efficiently and are focused on our vision of being the foremost energy solutions provider.”
“We are very pleased with our audited results for 2015, which exhibits consistent and sustainable growth for both revenue and profits. This performance is an affirmation of the resilience of our businesses and a true test of our business transformation strategy despite the adverse impact of petroleum product scarcity experienced in the first quarter of the year,” he added.
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