Business: Stock Market Declined In Profit-taking

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Profit-taking on high capitalized stocks halted a three-day bullish trading at the stock market yesterday. Consequently, the Nigerian Stock Exchange (NSE) All-Share Index declined by 0.26 per cent to close at 42,918.55.
Source: New feed14

The Half Year Profit Of Wema Bank PLC Recorded 1.7billion

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Wema Bank Plc said its half year unaudited financial results for the period ended June 30, 2014 showed that its profit before tax climbed by 266 per cent was N1.7 billion, as against the N464.7 million it was in June last year.
Source: New feed14

Move Without Cash – UBA Platforms

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The Central Bank of Nigeria (CBN) recently announced the take off of the Cash-Lite policy nationwide starting July 1st, 2014.
Source: New feed14

A Man Whose Face Is Covered With Hair Tells His Heartbreaking Story

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Jesús Aceves is a hero of the video who suffers from the hypertrichosis since his childhood. Hypertrichosis is an abnormal amount of hair growth over the body and face. Extensive cases of hypertrichosis have informally been called werewolf syndrome, because the appearance is similar to the werewolf.
Source: New feed14

Job Adverts in Lagos

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Syngenta is an international agribusiness company and one of the world’s leading seeds and crop protection Chemicals Company.  To meet the demand for expansion the company is seeking for qualified candidates to fill the existing vacant positions;
Rice / Vegetables Technical Crop Experts
Kwara and Nasarawa States for Rice, Kano State for Vegetables
The Rice /Vegetable Technical Crop Expert will drive awareness and acceptance of crop offers by collaborating with key stakeholders in local markets. The Expert will build crop expertise in the organisation by leveraging on market knowledge.Responsibilities
• Organise field trial demonstration sites and liaise with growers in support of the local commercial units (sales team)
• Monitor the performance and relationships with suppliers to ensure compliance with business standards
• Provide/validate/evaluate technical elements of crop and brand strategies at commercial unit crop level (technical assumptions, technical stories including competitors)
• Understand and interface with the various organisations that contribute to variety research and development, agronomics, sustainability, finished product quality, rice utilization/ production.
• Identify potential solutions to address grower needs and support new product launches via participation in trials and training.
• Set up, follow up, consolidate and analyse trials and trial results for the commercial unit down to territory  level to  build deep understanding of  solutions, to sharpen their positioning and maximize the impact of product launches
• Support collaboration with local influencers
• Develop process improvement initiatives to optimise efficiency of existing and new recipe/products without risk to product conformance or established specifications.
• Develop and deliver technical training and guidance as required.
• Training in technical elements of Seeds / CP for sales teams

Job requirements:
• First Degree in food science & technology with agronomy background or any relevant field of study – Rice agronomy expertise is required
• At least 8 years relevant experience of which 3 years should be in a technical role (e. g. Technical Support Manager, Product Evaluator, Technical Advisor or Technical Service or Product Manager in the agri-business sector)
• Crop management knowledge with field experience
• Deep and broad agronomy, crop and product knowledge
• Ability to manage multiple projects/tasks and meet deadlines
• Good communication (written and verbal) skills and excellent command of the English language
• Good interpersonal skills
• Must have ability to learn to operate any of the process equipment, as well as understand process and product testing requirements.
• Ability to work under pressure.
• Safety conscious, quality conscious and excellent work ethics
• Strong computer skills
• Willingness to travel as necessary to execute projects.

Country Business Manager
Lagos State
The position holder will regularly execute sales campaigns with the aim of achieving agreed sales targets. He/she will assume external relationship responsibilities while leading and representing the business and staff with the aim of achieving profitable growth to making the business number one in the industry.

• Ensure appropriate customer segmentation exists and appropriate offers are defined and delivered.
• Act as an active member of the sales community and contribute to the optimisation and selective alignment of commercial policies and price structure across borders.
• Ensure that all relevant processes and policies are well understood and implemented by the country team and, where necessary, by customers.
• Ensure compliance with HSE requirements, local legislation and competition law.
• Actively develop relationships with outside bodies that have major influence on the business of the company e.g external markets for products, international marketing boards etc.
• Contribute to the Go to Market and Channel strategies.
• Develop field force effectiveness measures based on standard indicators.
• Define sales targets based on current strategy and business plans.
• Develop zone plans and Key Account plans, including channels, influencers and other demand creators.
• Measure field force performance and develop corrective/improvement actions.
• Put in place the necessary activities to ensure business continuity during the transition.
• Support the integration of the CP and SE field forces, including the definition of new processes/ways of working, driving appointment process and fostering mind-set change.
• Work with colleagues within the Territory, in other Territories, in the crop groups and global functions to develop effective governance and ways of working at the critical interfaces.

Job Requirements:
• A degree in Business Administration, Marketing and any Management related course. MBA degree will be an added advantage
• At least 10years Proven track record in business development/management or marketing with at least 5 years at management level
• Proven leadership skills
• Proven ability to understand customer needs, structure and business drivers
• Sets ambitious strategic goals, analytical thinking and customer focus
• Collaborates across boundaries, develops people, organisation and self
• Applies effective grower, channel and influencer segmentation
• Develops/delivers innovative, customer-driven offers
• Develops/implements sound value and transactional pricing based on customer perceived value
• Designs/optimizes effective field force strategy
• Delivers distinctive value proposition to customer
• Manages distribution channels effectively
• Develops/executes campaign plans
• Anticipates changes in the market and adjusts strategies accordingly
• Impeccable negotiation, communication and presentation skills

Application and CV’s with the job title clearly indicated as the subject of the mail should be sent to;  Only shortlisted candidates will be contacted.
APPLICATION DEADLINE: Friday, May17th, 2013

Source: New feed3

Job opportunities, Abuja

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Our client is a leading provider of industrial productivity solutions since more than a century. The products and services range from compressed air and gas equipment to construction and mining equipment and industrial tools and assembly systems.
The organisation is seeking for qualified candidates to fill existing vacant positions;Job Location: Abuja

Business Development Manager (After Market Construction Equipment)
• Develop service delivery standards based on customer requirements and identify key performance indicators by which the success of the “service development project” will be measured
• Develop and implement marketing and sales strategies for the development and growth of new and existing aftermarket sales
• Drive aftermarket sales to achieve full annual sales target in construction equipment aftermarket business.
• Review existing customer base and proactively seek opportunities to develop business by introducing and selling the benefits of new and existing products and services
• Develop a situation analysis of the company including its strengths, weaknesses, opportunities and threats to assist in the development of a strategic plan for the future of the business.
• Attend workshops, trade shows, and seminars to keep up-to-date on changes in the industry
• In conjunction with the Country Director, develop account plans to ensure profitable business growth

Educational Qualification
A bachelor’s degree or equivalent degree in Mechanical Engineering or a related discipline. A Masters degree in a relevant field is  an added advantage.

Knowledge, skill and experience
• Minimum of 12 Years of relevant industry experience with at least 5 years in similar position is required.
• Strong service and technical background
• Customer management experience.
• Strong negotiating and communication skills
• Contract management

Sales Manager (Road Construction Equipment)
• Identify new markets and business opportunities
• Drive sales to achieve full annual sales target in road construction equipment business.
• Act as a contact between the company and its existing and potential markets
• Gather market and customer information
• Work closely and communicate effectively with regional managers, engineers, inside sales people, and distributors
• Willingness to make travels at company request
• Negotiate the terms of an agreement and close sales
• Make accurate, rapid cost calculations, and providing customers with quotations.

Educational Qualification
A bachelor’s degree or equivalent degree in Mechanical Engineering or a related discipline. A Masters degree in a relevant field is  an added advantage.

Knowledge, skill and experience
• Direct Marketing & Selling of Engineering products preferred
• Excellent communication and interpersonal skills, confident, outgoing, sociable character
• Must have managed road construction projects

Service Engineer

• Promptly carry out servicing and maintenance on customer’s compressors
• Diagnose mechanical and electrical faults on customer’s equipment
• Train customers and service personnel as required, in the general operations of their machines
• Where required, plan and organise daily and weekly visit schedules
• Effectively promote company`s corporate image
• Apply Health and Safety regulations on site
• Maintain engineering practice standard at all times
• Maintain test instruments to ensure they remain in good condition all the time
• Pass on leads to help generate sales
• Perform related duties as required
Educational Qualification
A bachelor’s degree or equivalent degree in Engineering or a related discipline. A Masters degree in a relevant field is  an added advantage.
Knowledge, skill and experience
• A minimum 6 years` experience in technical/engineering/technical aftermarket service environment or related industry
• A self-starter who  needs no supervision
• A team player who can coordinate efforts to achieve results
• Good understanding and use of company rules and policies that are applicable to the particular process
• Technical knowledge of company’s products and their applications
• Good communication skills especially in English language (written and spoken)
• Computer literate with a good knowledge of Microsoft Office
• Knowledge of safety practices
• Hands on experience in a similar role
• Excellent diagnostic skills
• Knowledge of Maintenance and scheduling

Method of Application
Application and CV’s with the job title clearly indicated as the subject of the mail should be sent to;

Only shortlisted candidates will be contacted.

APPLICATION DEADLINE: Monday, March 18th, 2013

Source: New feed3

Job Opportunity – GEMS2 M&E lead and Skills Intervention Manager

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 Job Location – Lagos
Coffey International Development manages the Construction and Real Estate (GEMS2) component of the joint DFID / World Bank Growth, Employment and Markets in States (GEMS) programme in Nigeria.
To effectively implement the programme strategic objectives, Coffey International Development is inviting applications from qualified candidates to fill the following vacant positions;
1.     Monitoring and Evaluation Lead
The core purpose of the position is to work with each all members of the technical team to ensure effective monitoring and evaluation of all aspects of the project delivery.
The position holder will work with the Intervention Managers to plan, coordinate, monitor and report progress towards achievements of set targets as outlined in the Programme logframe.  
The position holder will also be responsible for coordinating collection of primary and secondary data requirements as deemed necessary. He/she will also provide assistance in aggregating the results from the intervention level M&E systems to the level of the overall programme.
Key Tasks includes:
·       Assist in the preparation and design of M&E strategy, systems, templates, and intervention monitoring framework (IMF) for intervention managers.
·       Prepare project’s M&E internal and external reporting milestones detailing output deliverables, person responsible and associated deadlines.
·       Assist intervention leads in the design and completion of intervention rationale, results chains, action plans, research summaries and measurement plans
·       Gather quarterly data and forecasted targets for key indicators of change
·       Work with the Intervention Managers and the Head of Finance and Administration to apportion project inputs/costs across interventions, specific activities and outputs so as to inform the value for money assessment of specific interventions.
·       Facilitate and manage primary data collection. This could involve: drafting the research requirement (TOR), drafting the research tools, coordinating the recruitment of suitable research firms, managing the selected research firm during the data collection phase and facilitating delivery of data in a timely fashion and to an appropriate quality standard.
·       Draft quarterly and annual Monitoring Reports
·       Assist with the development of Monitoring and Evaluation Plans for new interventions as they come on stream over the lifetime of the Programme
·       Liaise with other GEMS components to coordinate approach to M&E
Requirement, Qualifications and Experience
·      An advanced degree in Social Science or equivalent relevant experience
·      Relevant experience in designing and implementing organisational level systems for M&E
·      Demonstrable experience of both qualitative and quantitative social research techniques
·      Proven IT skills, with experience of developing, maintaining and manipulating large databases and using other analytical tools for research purposes
·      Ability to create effective and efficient systems for gathering and analysing complex data
·      Strong attention to detail and highly organised
·      Leadership qualities to inspire others and team player (in person and virtual)
·      Adaptation skills: ability to work well in a multicultural environment and in a team
·      Highly motivated, responsible, self-directed, resourceful and flexible
·      Report-writing skills – experience with donor-funded programme reporting would be desirable
2.     Skills Intervention Manager
The aim of the position is to lead and manage a number of programme interventions within skills development and business servies work streams and ensure that it effectively delivers against its terms of reference and budget.

Key Tasks includes:
·     Review existing documentation particularly the intervention monitoring frameworks and the output facilitation strategies that includes background information, results chains,  indicators of change, action plans for the skills and business development services work stream
·     Reflect with the team the relevance of the existing interventions to Making Markets Work for the Poor (M4P) principles and to the project-wide results chain
·     Meet with the key stakeholders to have a better insight into some of the interventions underway and explore potential for new interventions
·     Following from the initial review and assessment, in consultation with the team leader and intervention managers review and/or redraft the results chains for specific interventions within skills development and business services
·     Provide advisory support to the interventions underway and in consultation with the team leader and based on the existing research design and initiate new interventions that has potential for scale
·     Provide adequate support and mentoring for the  junior staff involved in the skills interventions
·     In all aspects above, the position holder will consider the total geographic scope of the GEMS2, and the WEE (Women Economic Empowerment) strategy of GEMS2
Requirement, Qualifications and Experience
·      A degree in Economics, Social Science or equivalent experience in private sector development, or a related field
·      At least eight years’ experience in development sphere
·      Knowledge of strategic planning and managing change
·       Good understanding of data management and analysis
·      Experience of involving the community and other stakeholders in service design and delivery
·      Proven understanding of private sector development
·      Excellent analytical capabilities, with an ability to think creatively and to communicate ideas effectively with a team.
·      Good verbal and written communication skills
·      Strong interpersonal skills and an ability to build effective relationships with a range of people
·      Project management experience, exposure to technical assistance projects, an ability to bring together sector stakeholders and an understanding of Monitoring and Evaluation principles.
Method of Application: Application and CV’s with the job title clearly indicated as the subject of the mail should be sent to; Only shortlisted candidates will be contacted.
APPLICATION DEADLINE: Friday, October 12th, 2012

Source: New feed3

Job opening: PROGRAM MANAGER, Interfaith Dialogue Program

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Location:  Nigeria
Start Date:  September 2012
Salary:  USD $40,000-60,000, based on experience

UMass Boston’s Center for Peace, Democracy, and Development ( and Public Conversations Project (PCP: are pleased to announce a major initiative to support the conflict resolution work of the Interfaith Mediation Centre (IMC) of Kaduna, Nigeria (see  We seek a Program Manager to assist IMC in coordinating the day-to-day operations of UMass Boston and PCP under the supervision of IMC leadership, and to support IMC operations if requested.  The Program Manager will be responsible for delivering services, consulting with staff and serving as primary liaison between IMC and PCP/UMass.  The role of the Program Manager is to ensure coherence among the international partners and the sustainability of their support efforts, and to help UMass better understand the daily working and needs of IMC.  The Program Manager will be responsible for assisting the PCP Project Director with delivering training in Reflective Structured Dialogue while he is in country, and will continue to monitor and support PCP dialogue initiatives when the PCP Project Director is not in Nigeria.  The Program Manager will also work with the UMASS Principal Investigator to oversee UMass Graduate Student teams while they are in Nigeria, including the gathering of monitoring and evaluation data.  Lastly, the Program Manager will also work with UMass and PCP in the development of as early warning system, and assist in developing the network in the field.

Consequently, the ideal candidate will have several years experience in Reflective Structured Dialogue and other conflict resolution methods, interfaith peacebuilding work, project management skills, and have lived in Africa.  Candidates with strengths in several of these areas are encouraged to apply, but conflict resolution experience is required, preferably with a Masters degree or higher in a relevant discipline.

Interested candidates please email your CV to both Prof. Darren Kew ( and Dave Joseph ( as soon as possible.  Further information about the project can also be provided on request.

Source: New feed3

Average age of aircraft per airline in Nigeria

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Air Nigeria
Fleet Size: 12 Aircraft
Average Fleet Age: 13.5 years
Oldest Aircraft: 18.2 yearsAeroContractors
Fleet Size: 11 Aircraft (+ 1 On Order/Planned)
Average Fleet Age: 19.7 years
Oldest Aircraft: 20.7 years

Africa Charter Services
Fleet Size: 2 Aircraft
Average Fleet Age: 32.1 years
Oldest Aircraft: 32.8 years

Air Taraba
Fleet Size: 0 (+1 on order/planned)
Average fleet age: 10.5 years

Arik Air
Fleet size: 21 Aircraft
Average fleet age: 5.5 years
Oldest Aircraft: 11.3 years

Axiom Air
Fleet size: 1 Aircraft
Fleet age: 24.5 years

Chanchangi Airlines
Fleet size: 6 Aircraft
Average fleet age: 25.6 years
Oldest aircraft: 30.2 years

Dana Air
Fleet size: 4 Aircraft (used to be five until Sunday’s crash)
Average fleet age: 21.4 years
Oldest aircraft: 21.7 years

First Nation Airways
Fleet size: 3 Aircraft
Average fleet age: 18.4 years
Oldest aircraft: 19.3 years

Government of Nigeria
Fleet size: 2 Aircraft
Average fleet age: 9.5 years
Oldest aircraft: 12.1 years

IRS Airlines
Fleet size: 5 Aircraft
Average fleet age: 21.6 years
Oldest aircraft: 22.5 years

Kabo Air
Fleet size: 5 Aircraft
Average fleet age: 34.5 years
Oldest aircraft: 41.3 years

Max Air
Fleet size: 6 Aircraft
Average fleet age: 24.1 years
Oldest aircraft: 25.7 years

Overland Airways
Fleet size: 2 Aircraft
Average fleet age: 22.2 years
Oldest aircraft: 25.6 years

Tradecraft Airlines
Fleet size: 1 Aircraft
Average fleet age: 25.4 years

Transky Airlines
Fleet size: 1 Aircraft
Average fleet age: 28.2 years

Source: New feed3

3rd Annual Africa 2.0 Leadership Symposium coming to Lagos

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Among confirmed key participants :
Dr. Mo Ibrahim (Founder Mo Ibrahim Foundation), ,  Dr. Frannie Leautier (Executive Secretary of African Capacity Building Foundation),  Mr. Amadou  Mahtar Ba (Chief Executive of the African Media Initiative, AMI),  Mr. Thierry Tanoh   (Vice President IFC (Africa, Latin America, WesternEurope),  Mr. Nkosana  Moyo (Founder and Chairman of Mandela Institute for Development Studies),  Mr. Mugo Kibati (CEO of Vision Kenya 2030 Secretariat),  Mr. Abdoulaye Bio-Tchane (former IMF director for Africa and former Prime Minister of Benin),  Mr. Francis Okomo-Okello (Chairman of Barclays Bank of Kenya Limited),  Mr. Frank Nweke Jr. (Director General of the Nigeria Economic Summit Group),  Mr.Jean-Louis  Ekra (Chairman and President of the African Export-Import Bank),  Mrs. Ann Grant (Vice Chairman of Standard Chartered Capital Markets Ltd)?(to name a few)

Kindly find attached the Africa 2.0 draft agenda for the 3rd Annual Africa 2.0 Leadership Symposium.

Please confirm your attendance of the event by registering here. Once your attendance is confirmed, you will receive an invitation letter which you will need to apply for a Nigerian Visa. You will also receive the events hospitality pack which will detail accommodation and flight details.

In a context of multiple initiatives across the continent, Africa 2.0 young emerging leaders (more than 40 African nationalities represented) aim to impulse greater coordination and cross fertilize knowledge/know-how by ?Gathering a Coalition for the sustained Transformation? to Design and Implement Solutions Together.

The event will be hosted by Africa 2.0 Nigeria Chapter led by Tonye Cole (CEO of Sahara Energy Group) among other Nigerian emerging leaders from  diverse backgrounds  (Kola Karim, Ndidi Nunwelli, Andrew Alli, Biola Alabi, Moji Rhodes, Debo Lukanmbi, etc.)

Source: New feed3

Job opportunities in Nigeria

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My client, School for Startups, is seeking to assemble a local team to support their School for Startups Programme in Nigeria. The project team will include a Programme Director, Programme Coordinator, programme Assistant and 30 Monitors. They will all be based in Nigeria.
School for Startups have been invited by Federal Ministry of Finance, Nigeria and UK Department for International Development (DFID) to support The Youth Enterprise with Innovation in Nigeria (You WIN!). The core component of You WIN! is a Business Plan Competition through which 1,200 winners have been selected. The winning entries are a mix of start-ups and existing enterprises that are looking to expand.
School for Startups will run a year long programme for the 1,200 Business Plan Competition winners across six geopolitical zones of Nigeria. The programme will include intensive training programme of ‘boot camps’ and e-learning support provided to build business skills. The year long programme will end with an Awards Ceremony in Nigeria.
School for Startups is a leading provider of business training for entrepreneurs and small businesses. Since 2008, School for Startups has trained more than 12,000 entrepreneurs in face to face and online classes. For further information about School for Startups and its programmes is attached.
I would welcome your support in helping me to identify suitable candidates for the post for Programme Director, Programme Co-ordinator, Programme Assistant and Independent Monitors for the programme.
Please find attached brief job description together with project background information. At this stage I would like to gather CV’s of the potential candidates together with their contact details. The full list will be reviewed with School for Startups followed by an interview via Skype or face to face in Nigeria. We hope to make the final appointments by the end of May.
We are working to a tight schedule. I would appreciate if you can please let me have any suggestions by Monday 7th May. We will review all the candidates’ week of 7th May; select and interview week 14th May and appoint by week 21st May.
Parminder Vir

Source: New feed3

Job Opportunity

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JOB LOCATION:    Economic Development Center – Warri , Nigeria
Partnership Initiatives in the Niger Delta (PIND) is a foundation established to provide support for socio-economic development programmes in the Niger Delta. The foundation will be funding programmes in partnership with other donors from the public and private sector, seeking to create a dynamic, multi-stakeholder partnership that takes full advantage of synergies involving diverse organisations and interests. The Economic Development Center (EDC) will generate opportunities for sustainable and equitable economic development in the Niger Delta.
The foundation is seeking for a qualified candidate to fill the position below;

Chief Security Officer

a.     Lead operational risk management activities and assessment
b.    Identify protection goals, objectives and metrics consistent with foundation strategic plan
c.     Manage the development and implementation of security policy, standards, guidelines and procedures to ensure ongoing maintenance of security. Physical protection responsibilities will include asset protection, workplace violence prevention, access control systems, video surveillance and more.
d.    Oversee the continuous monitoring and protection of facilities, personnel and information systems.
e.     Maintain relationships with local, state and federal law enforcement and other related government agencies
f.      Oversee incident response planning as well as the investigation of security breaches, and assist with disciplinary and legal matters associated with such breaches as necessary
g.    Environmental scanning on threat, determine level of risk and apply security phases. 
h.    Interfacing with security departments in other organisations
i.      Manage security escorts to support the needs of the center
j.      Work with outside consultants as appropriate for independent security measures
k.    Create, maintain and improve safety in the center.
Educational Qualification
A bachelor’s degree in Social Sciences or any relevant field.  A Masters degree in a relevant field is  an added advantage.
Knowledge, skill and experience
  • Must be an intelligent, articulate and persuasive leader who is able to communicate security-related concepts to a broad range of technical and non-technical staff.
  • Must have strong working knowledge of pertinent law and the law enforcement community.
  • Consensus-builder, while still results-oriented and commitment focused
  • Excellent communication and interpersonal skills
  • Experience with risk analysis and contingency planning 
  • Must have a solid understanding of information technology and information security.
§  10 – 12 years progressive experience working in a security department / organisation / agency.
Suitability statement and CV’s with the job title clearly indicated as the subject of the mail should be sent to; Only shortlisted candidates will be contacted.
Applicants from any of the 9 states in the Niger Delta will be given a priority over other applicants
APPLICATION DEADLINE: Friday, April 13th, 2012

Source: New feed3