Diva House of Accessories – One of Nigeria’s first accessory retail chains aimed at satisfying the needs of fashion-forward individuals,that visit key shopping locations in the Nigerian market. Since opening our first branch in 2006 at The Palms Shopping Mall Lagos, the company has become a house-hold brand proving to be a favourite among our loyal customers.
We are recruiting to fill the following vacant positions below:
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At Sterling Bank, our customers are our number one priority and we value their feedback and ideas. We’ve made sure there are plenty of ways to stay in touch. Sterling Bank Plc “the one-customer bank” is a full service national commercial bank in Nigeria.
In over 50 years of operations, Sterling Bank (formerly NAL Bank) has evolved from the nation’s pre-eminent investment banking institution to a fully-fledged commercial bank; and completed a merger with 4 other banks – Indo-Nigeria Merchant Bank, Magnum Trust Bank, NBM Bank and Trust Bank of Africa – as part of the 2006 consolidation of the Nigerian banking industry.
We are recruiting to fill the position below:
Job Title: Entry-Level Recruitment 2016
Location: Nigeria
Job Description
Are you a dynamic and innovative young graduate? Are you focused and result oriented? Learn about why you should work for Sterling Bank Plc. and what programmes we have in place for you.
Requirements
We are looking for graduates who:
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should APPLY
Randstad Construction Property Engineering, is currently seeking to employ suitably qualified candidates to fill the following positions below:
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The International Institute of Tropical Agriculture SARD-SC project, the wheat component has mobilized a fast –track seed multiplication program and distributed 58 tons of improved seeds that have been grown over 500 hectares of wheat areas in six sites across two states in Nigeria within two years of operation.
The IITA/SARD-SC Project coordinator, Dr Chrys Ake added that both Kano and Borno State were participating in the project with over 1600 Nigerian farmers.
According to him, the IITA\SARD-SC wheat initiative is pursuing similar activities in another 11 countries throughout sub-Saharan Africa.
He said the project is funded by the Africa Development Bank (AfDB) and its focus is on raising the productivity and profitability of four commodities: cassava, maize, rice, and wheat to enhance the fortunes of Africa.
The Floating, Storage Production, and Offloading (FPSO) vessel is soon to arrive in Nigeria. This follows the anticipation of first oil production from Aje field by Yinka Folawiyo Petroleum and Panoro Energy.
The floating vessel is expected to arrive at Nigeria’s shore by the mid of next month, said Offshore Report.
Final works, according to Offshore, has been completed on the FPSO, which has departed Singapore. Following a brief stop in Cape Town, the vessel is expected to arrive in Nigeria in mid-March, it added.
“All main equipment for the development is in Nigeria. Anchor handling operations started offshore in January and will continue until mid-February. Later this month the construction vessel will install subsea equipment, including the manifold and flowlines. Once the FPSO has arrived it will be hooked-up to the mooring system and risers, to be followed by a short test of the production systems.
The Aje field was discovered in 1996 and is 24 kilometres offshore Nigeria located on oil mining lease (OML) 113 in water depths of about 1,476 ft. Pending ongoing exploration and appraisal work at oil prospecting lease (OPL) 310, the field is estimated to be one of the largest oil fields in Nigeria outside the Niger Delta basin.
The Independent National Electoral Commission, INEC, will on Saturday, February 20 conduct 22 re-run elections across eight states of the federation.
The rerun elections range from Senatorial, Federal constituency and State Assembly.
Eight Appeal Courts sitting in different parts of the country had ordered the rerun elections following the 2015 general polls and directed INEC to conduct them from January to March 2016.
A statement from the Commission on February 17, indicated that preparations were at top gear to ensure hitch-free elections in Benue, Kaduna, Plateau, Niger, Nasarawa, Kogi, Taraba and Imo states.
The elections will conduct four Senatorial elections, three federal constituency elections and fifteen state constituency elections.
The Senatorial elections will be conducted in Benue South Senatorial district; Imo North Senatorial district; Kogi Central Senatorial district and Kogi East Senatorial district.
Similarly, the Federal Constituency elections will hold in Okene/Ogori-Magongo of Kogi State, Lafia/Obi of Nasarawa State and Kurmi/Sardauna of Taraba State.
Fifteen State Constituency elections that will be conducted across Imo, Kaduna, Kogi, Plateau, Niger and Taraba states. They include: Imo: Isiala Mbano, Oru East, and Owerri West, Kaduna: Lere West, Kogi: Ofu Sc, Ankpa 1, Idah, Dekina 1 and Dekina II (Okura), Niger: Suleja;
Plateau: Langtang South, Pankshin South and Pankshin North, Taraba: Ardo Kola and Mbamga.
Meanwhile, INEC office in the Federal Capital Territory (FCT) is to present the Register of Voters to contestants and political parties fielding candidates for the Chairmanship and Councillorship elections today.
The Resident Electoral Commission (REC) for the FCT, Professor Jacob Jatau, who disclosed this yesterday, said the presentation was in accordance with the Electoral Act 2010 (as amended).
The House of Representatives yesterday promised to engage the Civil Society Organisations (CSOs) in the monitoring and execution of constituency projects.
They also assured that it would through its oversight functions ensure that projects and funding were done in compliance to budget plans to avoid double appropriation for the same projects.
According to the Chairman of the House Committee on Civil Society Organisations and Development Partners, Comrade Peter Akpatason, the National Assembly hoped to work with the Budget and National Planning Ministry and its agencies to oversight the appropriation and implementation strategies and outcome of all aids and grants.
The lawmaker who told the CSOs that he was on loan to politics promised to live forever as a Comrade.
Katsina State government and the United Nation’s Children Fund (UNICEF) has signed a N1.3bn Memorandum of Understanding for partnership on development of the state. The multi million naira MoU is for the state and UNICEF to partner in the critical sectors of education, health and water supply.
Governor Aminu Bello Masari signed on behalf of the state government, while Ms Padamavathi Yelda, the UNICEF chief field officer, signed for UNICEF.
The governor pledged to redeem the state’s counterp art funding so as to ensure effective implementation of the laudable initiatives.
He lauded the UNICEF and other development partners for their support, adding that the critical sectors of education, health and water supply which covered the central areas of the MoU are part of the state government’s priority agenda.
UNICEF representative urged the state government to fulfil its part of the agreement by ensuring prompt payment of the counterpart fund so as to ensure success.
First Bank of Nigeria Limited is leading 14 other commercial banks in the utilization of foreign exchange from the Central Bank of Nigeria, CBN.
With a total of $25,701,921.17 FirstBank reported the highest amount of forex purchased from the CBN on behalf of its customers.
The allocations ranged from fuel, machinery and pharmaceuticals imports, all the way down to invisibles dominated divestments by foreign investors exiting the Nigerian equities and bond markets, and forex allocations to school fees.
For the second time, school fees accounted for the highest number of allocations across several of the banks, but not in value, reflecting the lack of confidence Nigerian parents in high and upper middle-income brackets have in the country’s education sector.
FirstBank was followed by Zenith Bank Plc and Stanbic IBTC Limited with $23,811,329.77 and $20,618,105.09 respectively.
Standard Chartered Bank with total returns of $17,795,338.87 came in fourth, while Diamond Bank Plc reported returns of $17,691,840.54.
Guaranty Trust Bank Plc (GTBank) reported returns of $15,828,891.14 to occupy the sixth place, while Ecobank Nigeria Limited reported returns of $14,684,365.28.
Also, while Union Bank of Nigeria Plc reported returns of $12,550,289.46; Access Bank Plc published returns of $11,994,742.86; Citibank Nigeria Limited — $9,238,688.09; Fidelity Bank Plc — $7,447,530.26; and United Bank for Africa Plc (UBA) Plc — $6,711,545.29. Others included Sterling Bank Plc with total returns of $4,792,887.67 and Keystone Bank Limited which also reported returns of $3,732,629.81.
For the first time, three merchant banks also published their returns on utilisation of funds. They were Coronation Merchant Bank Limited — $4,838,429.62; FSDH Merchant Bank Limited — $3,701,840.84; and Rand Merchant Bank Limited which reported total returns of $2,225,002.42.
But in terms of volume, the purchase of foreign exchange for other invisibles such as school fees, business travel allowance (BTA) and personal travel allowance (PTA), was the highest.
Trading activities on the floor of the Nigerian Stock Exchange, NSE, travelled farther south on Wednesday, February 17, as the All Share Index decreased by 1.87% to close at 24,056.12 points.
Year-to-date (YTD), the NSE ASI plunged by 16.01%. Similarly, the Market Capitalization depreciated by 1.87% to close at N8.27trn, compared with the depreciation of 1.26% recorded yesterday to close at N8.43trn.
The depreciation recorded in the share prices of Dangote Cement, Guinness, Nestle, Unilever and GT Bank, were mainly responsible for the loss recorded in the Index.
The total value of stocks traded on the floors of The NSE today was N1.95bn, down by 32.22% from N2.88bn traded yesterday. The total volume of stocks traded was 335.61mn in 2,847 deals.
The three most actively traded stocks were: Resort, Savings and loans (108mn), UBA (82.76mn) and FCMB (24.92mn). The most actively traded sectors were: Financial Services (297.87mn), Industrial Goods (15.12mn) and Consumer Goods (9.48mn).
Contributors under the Contributory Pension Scheme (CPS) jumped from 6,581,031 at the end of the first quarter of 2015 to 6,696,793 in the second quarter, indicating a 1.76 per cent growth in the pension scheme membership.
In a report, the National Pension Commission, PenCom, said the expansion in the industry membership was driven by the Retirement Savings Account (RSA) Scheme.
It said the membership of the Closed Pension Fund Administration Scheme (CPFA) experienced a negative growth while membership of the Approved Existing Scheme (AES) remained unchanged.
Ghana has banned some items from entry into its domain, following Nigeria’s bold move of restricting 41 items from access to foreign exchange.
Ghana placed a ban on some goods from being imported into the country. Ghanaian Minister of Trade and Industry, Ekwow Spio-Garbrah stated yesterday that Ghana and Nigeria are said to account for some 68 per cent of the ECOWAS region’s Gross Domestic Product.
Nigeria accounts for almost 10 per cent of Ghana’s foreign trade volume, whereas Ghana is listed as the 9th largest trade partner to Nigeria.
Ghana remains Nigeria’s largest trade partner and favourite investment hub in the West Africa sub-region, as Ghana imports the largest share of all Nigerian oil exports in the West African sub-region.
The equities segment of the Nigerian Stock Exchange, NSE, saw a decline for the second straight trading as mid-week business lost N158 billion on Wednesday, February 17.
Equities had, in the last two trading, dropped by N266 billion from N8.539 trillion on Monday to close at N8.273 trillion when the closing gong rang yesterday.
In spite of weak market sentiments, analysts at the United Capital Plc still expect to see a good level of demand in equities over the course of the week as the upcoming earnings season comes into focus and investors continue to play for attractive dividend yields.
Market turnover closes positively as volume moved up by 15.35 per cent against 2.62 per cent uptick recorded in the previous session. Resort Savings Plc, UBA Plc and FCMB Plc were the most active to boost market turnover, while the Guaranty Trust Bank Plc topped market value list.
