Connect with us

Business

VACANCY AT WEMA BANK

Published

on

 

Title: Talents Community Recruitment

Location: Lagos
Employment Type: Full-time

POSITION OVERVIEW
a) We are seeking talented Problem Solvers and Decision Makers to join our team.
b) These openings are critical in driving effective problem-solving and making strategic decisions that contribute to the success and growth of our organization across different functions.

JOB DETAILS
Who can apply for this opening? Talented individuals across these functions:

1) Human Capital Management
2) Brands and Marketing Communication
3) Information Security
4) Credit Risk Management
5) Loan Review and Monitoring
6) Market and Liquidity Risk Management
7) Operational Risk Management
8) Remedial Asset Management
9) Application Services and Operations
10) Automation and Innovation
11) Enterprise Technology Management
12) Test Profiles and System Admin
13) Branch Service Coordination
14) Business Process Re-Engineering
15) Central Operations and Trade Services
16) Digital Operations
17) General Admin Services
18) Property Services
19) Company Secretariat and Legal Services
20) Corporate Transformation and Innovation
21) Executive Office
22) Internal Audit
23) Treasury
24) Public Sector
25) Compliance and Conduct.

QUALIFICATIONS
1) Bachelor’s Degree in relevant field.
2) Minimum of 5 years of experience
Excellent communication and interpersonal skills, with the ability to effectively collaborate and influence stakeholders at all levels.
3) Ability to thrive in a fast-paced environment, adapt to changing priorities, and manage multiple projects simultaneously.

BENEFITS
1) Healthcare
2) Parental Leave (Paternity and Maternity)
3) Year-End Bonus (13th month)
4) Opportunities for professional development and growth
5) Dynamic and collaborative work environment.
6) Company Events
7) Competitive Pay
8) Leave Allowance.

APPLICATION CLOSING DATE
Not Specified.

HOW TO APPLY
Interested and qualified candidates should should apply here ????

https://wemabank.seamlesshiring.com/h/advanced#/jobs/view/183

Business

Fuel price reduction: ‘Joy’s coming’ – Manufacturers

Published

on

Director General, Manufacturers Association of Nigeria, Segun Ajayi-Kadiri, sees the price of fuel coming down to N800.

Ekwutosblog reported recently that Dangote Petroleum Refinery slashed its ex-depot price for Premium Motor Spirit, PMS, also known as petrol, to N840 per litre.

The reduction represents a N40 decrease from the previous rate of N880 per litre.

This happened a few days after the Nigerian National Petroleum Company Limited, NNPCL, increased the pump price of petrolto N925 per litre in Lagos.

This decrease is also coming a week after Dangote Refinery increased the ex-depot petrol price to N880 per litre

Speaking in an interview with Channels Television, Ajayi-Kadiri said that it was a welcome development, adding that price of the product would further decrease to N800 with the modalities being put in place by Dangote Refineries.

“You cannot blame anyone for producing and ensuring effective delivery,” he said.

When asked to share his thoughts from a manufacturer’s point of view on what he sees about the long term effect, he added, “So if I may use what the Gen Z is called ‘Joy is coming’, that’s what I see.

“The long term is going to be better. I see the price coming down to 800 and that’s what manufacturers want.

“I just told you now that last year, we spent as much as 1.1 trillion in terms of providing alternatives, apart from the fact that even the quality of the products is not guaranteed.

“So in the near future, I continue to see continued reduction in the price of diesel.

“I also see a situation where other players will be encouraged to come into the field, because that is what it takes. I don’t think that we should use sentiment to dissuade any investor from improving the life and well being of the people.

 

Continue Reading

Business

Nigeria projected among top-five world’s biggest economies

Published

on

Nigeria has been projected to be among the top five biggest economies in the world by 2075.

The Spectator Index disclosed in a post on Friday, quoting a Goldman Sachs’ document titled ‘The Path to 2075—Slower global growth, but convergence remains intact’.

According to the news platform, Nigeria’s economy is estimated to reach $13.1 trillion by 2075.

The report showed that Nigeria followed China ($57 trillion), India ($52.5 trillion), the United States of America ($51.5 trillion), and Indonesia ($13.7 trillion) in projected world’s biggest economies by 2075.

Data from the National Bureau of Statistics showed that Nigeria’s Gross Domestic Product grew by 3.84 percent in the fourth quarter of 2024. The country’s GDP is estimated to be $568 billion at the end of 2024 in real GDP terms.

Africa’s most populous nation is expected to reach a GDP estimate that could be $585.9 billion.

The development comes as the President Bola Tinubu administration projects a $1 trillion economy by 2030.

Meanwhile, financial analysts had expressed doubts over the possibility of Nigeria achieving a $1 trillion economy by 2030 when the country’s projected GDP growth rate is 3.2 percent.

Continue Reading

Business

Dangote Sugar, Oando, other stocks push NGX to N1.185tn gains

Published

on

Oando, Dangote Sugar and other stocks have propelled Nigerian Exchange Limited, known as the Nigerian Stock Market, to a significant N1.185 trillion single-day gain.

Accordingly, NGX market capitalisation increased by 1.57 percent to reach N76.761 trillion, up from N75.576 trillion recorded on Tuesday.

Similarly, the All-Share Index (ASI) rose by 1,466.87 points, or 1.22 percent, settling at 121,257.69 from its previous close of 119,790.82.

Other stocks that fueled the bullish run on Wednesday are Cileasing, Champion Breweries, and 59 other stocks.

Consequently, Ekwutosblog reports that market breadth closed positive, with 63 gainers and 17 losers.

On the gainers’ table, Dangote Sugar rose by 10 percent, closing at N48.40, while Oando Plc also increased by 10 percent, settling at N68.75 per share. Then, Cileasing grew by 9.98 percent, finishing at N5.18, and Champion Breweries soared by 9.98 percent, ending the session at N10.91 per share.

 

Also, Computer Warehouse Group gained by 9.95 percent, closing at N11.60 per share.

Meanwhile, conversely, University Press dropped by 6.25 percent, finishing at N6.00, while RT Briscoe fell by 6.12 percent, closing at N2.30 per share.

Multiverse Mining declined by 4.89 percent, settling at N8.75, and Meyer shed 4.69 percent, ending the session at N9.15 per share.

In another level of analysis, a total of 861.67 million shares worth N26.18 billion were exchanged across 22,896 transactions.

This is compared to 868.68 million shares worth N23.71 billion that were traded across 22,207 transactions earlier.

Market data showed that transactions in the shares of Fidelity Bank topped the activity chart with 82.98 million shares worth N1.66 billion. Accordingly, Caverton Offshore Support Group followed with 64.18 million shares valued at N319.69 million, while Zenith Bank transacted 60.62 million shares worth N3.45 billion.

Also, Ja Paul Gold traded 56.26 million shares valued at N115.35 million, and Access Corporation sold 48.59 million shares worth N1.12 billion.

Continue Reading

Trending