₦airaland Forum

syntekglobal:
What an explicitly biased article. May the writer, kindly provide the percentages of the ingredients in Origin beer, especially, dat of sugar because d beer is extremely sweet which alleges fears of getting diabetes after a prolonged period of consumption.

Na only you waka come?

Rumour monger - So Star Lager, Gulder and Legend no contain sugar, na Orijin wey be our very own herb and fruits flavour ( ijinle pam-pam things) go give diabetes?

You are the biased one here - please don't sell Nairalanders a dummy. On Orijin we stand! #TeamHerbsAndFruits!

Measuring alignment - Value of CIMA qualification to Shell

A survey of CIMA-trained staff at Shell sought to understand how the qualification’s syllabus maps to the company’s required competences. Lawrie Holmes reports on the findings
CIMA aims to deliver consistent qualification standards worldwide. Its syllabus requires every CIMA student to study the same papers and progress either by exemption (up to a certain level) and/or by examination

It is beneficial for CIMA to review its qualification within global organisations to audit its effectiveness around the world.

Energy giant Shell, known for its meticulous methods of identifying and developing talent, surveyed some of its CIMA-qualified staff and mapped the accountancy body’s syllabus to Shell’s required competences.

Given its position as one of the world’s largest integrated energy companies, Shell demands a large number of competences from its global workforce.

This is increasingly the case as it seeks to develop oil and gas resources in evermore challenging environments, such as deep water and the Arctic, as described by the group’s chairman, Jorma Ollila, in the company’s 2011 annual report.

The increasing global demand for secure, affordable and sustainable energy, which Ollila also referred to in the report, requires the group to have first-class financial discipline and governance.

As a result, management accountants are playing an important role in Shell’s development. In this context, Shell partnered with CIMA to understand how CIMA-qualified staff could help the group to meet its aims.

This research sought to discover the contribution of CIMA staff to the group’s business by mapping the accountancy body’s syllabus to Shell’s required competences. CIMA’s value proposition to employers is of providing financially qualified business leaders who help drive sustainable success.

Additionally, CIMA believe that the qualification, and the services that it provides to support the qualification, helps employers to attract people, develop their skills and retain staff.

Various case studies about the contribution of CIMA people to their organisations’ success have highlighted the value of CIMA. In order to map out the relevance of the CIMA syllabus, Shell provided CIMA with the competences it needs for the various roles in its finance function.

Each competence has five levels of attainment, which consider a combination of intellectual formation and practical application gained mostly through experience.

For a professional qualification to add value to its entry- level positions in its finance function, Shell expects the syllabus to primarily focus on intellectual formation.

To gain a shared understanding of the meaning of the competences, CIMA and Shell representatives engaged in a series of communications and meetings. First, email communications clarified the meanings of the various competences, and a face-to-face meeting was held to discuss an initial mapping. At this meeting, further clarity was provided to the CIMA team about the meanings of the competences. Subsequent mappings were carried out and discussed in detail with the Shell team during conference calls.

The mapping of competences and syllabus was deemed complete and signed off only when both teams were certain that CIMA understood the meaning of the competences in the manner in which Shell intended them to be understood.

The result of the mapping demonstrated that around 65 per cent of Shell professional competences were covered at the basic proficiency by the CIMA syllabus. Those not covered by CIMA were mostly taxation and a few audit/assurance competences, where the CIMA syllabus provided at least some of the competences required.

The conclusion reached was that the CIMA syllabus could form the basis of delivering value to Shell.

http://www.fm-magazine.com/feature/depth/measuring-alignment

Shell Group Plc carried out a survey of CIMA-trained staff, to understand how the qualification’s syllabus aligns with the company’s required competences in its growing business concerns.

In order to achieve this, Shell provided CIMA with the competences it needs for the various roles in its finance function. Out of 42 competences, the CIMA syllabus covered 27, at its basic level, which matched about 65 per cent of Shell’s expectations.

Key findings indicate that CIMA trained staff are more likely to be externally focused and quick acting. These are two of the five behaviours introduced in 2009 by Peter Vose, during his tenure as CEO of Shell.

In addition, CIMA trained staff are just as likely as the others to be commercially orientated. They also scored highly on ‘value simplicity’ and ‘goal orientated’.The Shell study therefore concluded that the CIMA syllabus could form a basis for delivering high value to its operations.

This is just one of the many case studies that have been carried out regarding the contribution of CIMA trained staff to the viability of businesses operations at all levels.

Management accountants are equipped with a wide variety of skills which makes them highly employable. Their role in the organisation puts them at the heart of the business. By helping people and businesses to succeed, CIMA is the first choice for employers.

CIMA, the Chartered Institute of Management Accountants, is the world’s largest and leading professional body of management accountants. CIMA supports over 227,000 members and students in 179 countries.

Measuringthe value of CIMA to Shell (http://www.fm-magazine.com/feature/depth/measuring-alignment)



CIMA is the best choice for a successful career


https://www.youtube.com/watch?v=epbpIQmU8aA



Phil Sanderson on working at Shell, and the CIMA qualification


https://www.youtube.com/watch?v=Lu_dYK4Nqlo

If you have any questions for CIMA Nigeria Office, send an email to lagos@cimaglobal.com.

A CIMA Nigeria representative will be happy to provide answers to your questions. For more information on CIMA and on how to register, log on to www.cimaglobal.com or call 07002462644.

Kiishi-Lagos Limited is a full service communication consultancy based in Surulere, Lagos. We work with leading corporations and are adept at delivering innovative communication which supports the attainment of their commercial goals.

Position: PR Assistant

Description: Kiishi-Lagos seeks a self-starter to assist public relations efforts. This position provides excellent opportunity to experience various aspects of public relations.

Responsibilities:

· Support in scheduling social media updates (Instagram, Facebook and twitter)

· Support development of monthly content calendar

· Draft, distribute and pitch news releases etc.

· Media monitoring, and responsible for daily and campaign reporting

· Attend client meetings; prepare agenda, take minutes and write contact reports


Qualifications:

· Firm grasp of available tools and platforms in the social media space

· Completed or working toward a diploma/certification in a related field i.e. English, Mass Communication, or Public Relations (self motivated and confident individuals without a diploma/certification are also encouraged to apply)

· Previous internship or related experience in marketing or communications is a plus

· Must be computer literate - working knowledge of word processing, PowerPoint, Excel. Proficient use of Adobe InDesign and Photoshop a plus

· An effective communicator, both written and oral

· Ability to communicate in a professional manner with the media and client contacts

· Self-motivated, good organizational skills, detail-oriented, ability to prioritize, multi-task and meet deadlines

· Enthusiasm for the mission of Kiishi-Lagos and the clients we serve

Start Date: Position open until filled, requires at least 3 – 6 month commitment.

To Apply: Please send cover letter and resume to info@klagos.com.

Visit www.klagos.net for more information.

Seven reasons why you should do your JAMB 2015 e-Registration at ChamsCity

JAMB Accredited Centre: ChamsCity is a JAMB accredited centre and Nigeria’s largest and most advanced digital mall. In 2008, ChamsCity was certified by the Guinness world record as the largest digital cafe in the world for having 1000 computers in each of its centres. ChamsCity in Lagos and Abuja centres are equipped with a total of 2000 computer systems.

Pre-JAMB CBT proficiency tests: ChamsCity offers pre-JAMB CBT proficiency tests in Lagos and Abuja to help candidates prepare for
JAMB CBT examination. The proficiency test will help candidates get higher score through practice, understanding of how to answer
questions within the limited time and by also scoring candidates upon completion.

CBT Pioneer Status: ChamsCity Lagos and Abuja were the pilot centres for JAMB CBT in 2013. The Abuja inaugural JAMB CBT at ChamsCity held under the direct supervision of Professor Dibu Ojerinde, Registrar, Joint Admission Matriculation Board (JAMB).

Secure locations in Lagos and Abuja: ChamsCity digital malls in Lagos and Abuja are located in secure locations in Ikeja and Garki. The Lagos digital mall is located at 2A Isaac John Street, Ikeja, Lagos, while the Abuja digital mall is at Plot 1228 Ahmadu Bello way, Area 11 Garki Abuja.

Uninterrupted internet access and large numbers of top grade computers: ChamsCity digital malls have best-in-class internet access
and are equipped with top-end Mackintosh computers manufactured by Apple Incorporated.

Constant power supply: ChamsCity digital malls are powered by high end generators and inverters which provide uninterrupted power supply to the centers thereby guaranteeing hitch free registration and CBTs.

World class ambience: The tranquil and serenity of the* *ChamsCity digital malls make them very conducive for CBTs which will ensure
better concentration and improved performance. For its world class ambience, ChamsCity is the first choice of multinational corporations
and government agencies for conducting computer based recruitment tests for would-be employees.

For more information on ChamsCity or JAMB 2015 visit http://chamsplc.com/chamscity_jamb_accredited_center or call: 014482010 or email: chamscity@chams.com


.

SmartCity project to create 50,000 jobs

JANUARY 13, 2015 BY OZIOMA UBABUKOH LEAVE A COMMENT


Promoters of the SmartCity Innovation Hub project have said the hub located in Lekki-Epe, Lagos, will create 50,000 direct employments in its first five years.

According to them, the project will also galvanise economic diversification and move Nigeria towards a knowledge-based economy.

They stated this in Lagos at a private presentation of the project to technology industry stakeholders.

The holding company for the project is SmartCity Resorts, an investment and infrastructure company. Its Chairman, Demola Aladekomo, said the hub was an A-grade technology development infrastructure, “which will prime the local technology industry for global competitiveness, galvanise it from crass consumerism towards innovation and world-class manufacturing standards.”

He said, “Upon completion, it has the potential to create about 50,000 direct employments in its first five years. It will be the Nigerian equivalent of the Silicon Valley in the United States of America, which is home to many of the world’s largest technology corporations and thousands of tech start-up companies.

“It is beyond doubt that Silicon Valley is the world’s leading hub for high-tech innovation and development, and has been pivotal to the global information technology revolution.”

Conceived in 2011 for development in Lagos and Abuja, promoters of the SmartCity Innovation Hub include the Federal Ministry of Communications Technology, National Information Technology Development Agency, Nigeria Computer Society, and the Association of Telecommunications Companies of Nigeria.

The project is seen as a move to bring together technology, government and society in ways that promote the culture of innovation and the competitiveness between allied businesses and knowledge-based institutions.

Location of the hub is considered strategic and within the same locality as the Pan Atlantic University and proposed developments such as Lekki Free Trade Zone, Lekki International Airport, Deep Seaport Project, and Dangote Petrochemical Project.

The innovation hub is being developed on a 48-hectare land allocated by the Lagos State Government.

Aladekomo said that for the benefit of the Nigerian economy and the local technology industry, the project team was working with policy makers, regulators, technology corporations and venture capitalists to recreate the same prototype in Nigeria.

“Collectively, the objective of all stakeholders on the project is to build a technology city that will be a magnet for technology-led investment, innovation and talent, making it one of the top destinations for technology companies, entrepreneurs and investors on the African continent,” he added.

“The SmartCity Innovation Hub will engender economic diversification and will move Nigeria towards a knowledge-based economy birthing a prosperous, productive and innovative nation.”

The Managing Director, Greenwich Trust Limited, the financial advisers to the project, Mr. Kayode Falowo, said the hub project was well rounded and viable with the requisite support from government, regulatory bodies and industry stakeholders.

He added that international development funding institutions and local financial institutions were willing to lend developmental and operational support to the project.

The Lagos State Commissioner for Science and Technology, Mr. Adebiyi Mabadeje, commended the promoters of the project and spoke on government’s readiness to lend support to it within the ambit of its power.

Affirming this, Mr. Funmi Oshinfuye, who represented the Lagos State Commissioner for Physical Planning and Urban Development, said that the project aligned with the overarching vision of the ministry to transform Lagos State into a megacity through new urban developments that are eco-friendly and socially inclusive.

Already, leading technology corporations that include Microsoft Corporation, Zinox Technologies Limited, MainOne Cable Company Limited, Interswitch Nigeria, Globacom Nigeria Limited, Visafone Communications Limited, Chams Plc, Data Sciences Nigeria Limited, Systemspecs, and VDT Communications Limited are among the current subscribers taking up space at the hub.

Equally, public sector institutions with regulatory oversights such as the Korean Public Joint Venture, Nigerian Communications Commission, Galaxy Backbone Limited, Federal Ministry of Communications Technology, and the Lagos State Ministry of Science and Technology have also taken up space at the hub. Other subscribers include Medplus, First Bank of Nigeria, and the International Finance Infrastructure.

Copyright PUNCH.
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

http://www.punchng.com/business/technology/smartcity-project-to-create-50000-jobs/

Teleworld opens Geek Centre, Lagos Mainland's one-stop technology superstore

Lagos mainland is now home to a new one-stop technology and lifestyle superstore, the Geek Centre, courtesy of Teleworld Integrated Services Limited. Teleworld is a trade partner to global brands technology brands that include Microsoft, IBM, Nokia, LG, Samsung, Huawei, Blackberry, Nikkon, Apple, Tecno, Gionee, Malata and Master Audio, among others.

Encompassing mobile phones, computers, video games, electronic gadgets, office and home appliances retail segments; the multi-storied Geek Centre also houses an ultra modern sound production studio, and a sound system retail unit in the heart of Yaba on Lagos Mainland near the new Tejuosho Ultra Modern Market.

The formal opening of the Geek Centre by entrepreneur and award winning gospel artiste and producer of Tehila fame, Timothy Ogboruche, attracted the leading lights of corporate Nigeria and the entertainment industry such as Mr Trevor Akindele, Partner, Kruxland Petrogas Nigeria Limited, ace gospel artiste, Sammie Okposo, Comedienne, and Princess Damilola Adekoya, among others…

Timothy Ogboruche, Chief Executive Officer, Teleworld Integrated Services Limited, said “The Geek Centre was inspired by the need to meet the needs of the Nigerian technology consumer for convenience, access to a wide range of technology products and services under one roof and for excellent customer service. As a consumer focused company, we have been able to achieve this in Ikeja, Kaduna and Abuja, and are delighted to be replicating the same in the heart of Lagos metropolis in Yaba. Under one roof at the Geek Centre, we have a one-stop shop for phones, electronic gadgets, and household appliances, sound studio and sound system retail units to meet the increasingly dynamic needs of the contemporary technology savvy consumer.”

The choice of Tejuosho in Yaba as the location of the Geek Centre is strategic because of its nearness to the ultra modern Tejuosho Mall, University of Lagos, Yaba College of Technology and the need to differentiate the Teleworld brand by moving away from the clutter at the Computer Village. Consumers on Lagos mainland now have easy access to technology products at highly competitive pricing in a soothing ambience.

For daily updates on Teleworld's array of products and services, please follow @teleworldnig on twitter or visit www.teleworldgroup.com.

https://www.nairaland.com/2063654/2015-global-business-challenge-registration#29241208

2015 Global Business Challenge: Registration And Receipt Of Entries Opens

The CIMA Global Business Challenge is an international business competition for undergraduates around the world, designed to bring out the best in the young business leaders of tomorrow.

By working together as a team of four to present a business case study, it is a great opportunity for you to showcase your talent in business management, and learn how to become the business leaders of the future.

You also have the opportunity to win a place at the global final in Warsaw, Poland.

The competition is organised in partnership with Barclays, who share our vision of developing and nurturing young talent around the world.

Are you a future business leader? Prove it! #cimagbc . Registrations for this year’s undergraduate CIMA Global Business Challenge is open!

https://secure.cimaglobal.com/Events-and-cpd-courses/globalbusinesschallenge/GBC-Entry-Form/

The CIMA Global Business Challenge is an international business competition for undergraduates around the world, designed to bring out the best in the young business leaders of tomorrow.

By working together as a team of four to present a business case study, it is a great opportunity for you to showcase your talent in business management, and learn how to become the business leaders of the future.

You also have the opportunity to win a place at the global final in Warsaw, Poland.

The competition is organised in partnership with Barclays, who share our vision of developing and nurturing young talent around the world.

Are you a future business leader? Prove it! #cimagbc . Registrations for this year’s undergraduate CIMA Global Business Challenge is open!

https://secure.cimaglobal.com/Events-and-cpd-courses/globalbusinesschallenge/GBC-Entry-Form/


Competition stages
The CIMA GBC competition is run in three stages. Teams of four act as consultants and compete amongst teams within their country or region at the early stages. The winning team then proceeds to the global final, to be held in Poland, Europe, representing their country or region in the battle for the global champion title.

Stage one – case study analysis
Teams prepare a 3000 word report based on the GBC challenge material. The challenge material includes the following:
- Case study
- Scenario
- Tips and techniques document.
Submit your report to your local region by the deadline for that region.

Stage two – synopsis and presentation (country / regional final)

Four to six teams (depending on country / region) are shortlisted at country or regional level.* These shortlisted teams are required to:
- Write a two page synopsis of their report
- Prepare a team video based on a given brief
- Give an oral presentation
- Participate in a question and answer session with the judges at the end of each presentation.
*Depending on the country, there might be an additional stage before the country final.
A country may be split into regions. Therefore participants will compete at regional level and the regional winners will then proceed to the country final.

For more information, please refer to your country / regional page.
http://www.cimaglobal.com/Events-and-cpd-courses/globalbusinesschallenge/Nigeria/

Stage three – presentation (global final)
The winning team from each country or region will compete in the global final. They will be required to:
- Submit their two page synopsis
- Submit their team video
- Present to an audience, which includes a panel of high profile international judges
- Participate in a question and answer session with the judges at the end of each presentation.

RichDad1:
The funniest thing is that, you'll see dem hawkers selling beers [origin, Guinness stout] in traffic these days.

@Op? Hawkers doing that? Chai!!!

Are there still hawkers on the streets of Lagos?

Thought Fashola got rid of them using KAI?

So where are the security agencies that are supposed to make sure this kind of thing does not happen?

Some dude told me about peeps hawking life chicken and another hawking bombay cutlass in traffic.

Unbelievable stuff, but people just wanna eke a living anyhow.

Thankful, no life was lost. With all the DRINK RESPONSIBLY campaign?

mayo47:
I am quite interested in the masters gateway route but need to be sure on the availability and quality of tutorial centers. Any recommended??

The available tuition provider in Nigeria is:
Harley Reed Nigeria Ltd
Address: No. 148/150, Bode Thomas, Surulere, Lagos;
Contact person: Opemipo +2347068467317

Harley Reed is best-in-class with presence in several African countries.

Kaplan has set up an enrolment process for CIMA students in Nigeria. The link to the form is below.

Students are given the option of collecting their materials from Kaplan’s local distributor or receiving them via the post.

CIMA form for materials and study options - http://financial.kaplan.co.uk/Brochures/cima-ef-liveonline-nigeria.pdf

At the bottom of the form you will see how you can enrol.

Can you please share your contact details with us via info@klagos.com to enable a CIMA Representative contact you to provide answers to your enquiries.

vivaciousvivi:
Hahahaaha- all of you suddenly denouncing your Presido eh!
Ok, I wish you the best of luck!
Thanks for the compliment too

You are welcome !!!

vivaciousvivi:
Hmmmmmm...goodluck

Why bring GEJ into this na?

Wish me well jo, and not Goodluck

PS: What happens to having special interest? Free your mind!!! I checked your profile, and if that is you - you are the BOMB

vivaciousvivi:
OP, I am sure you either work for or were paid by Diaego jo

@Vivaciousvivi,

You are certainly right, and that was in my previous life Am waiting for an offer I cannot reject from them oh.

Am certain you either work for Diageo or Heineken as well...

Go quaff Orijin jo!!!

yomz1e:
am addicted to this drink.... please don't help me

Remember to always drink responsibly oh just the way the Guinness Nigeria people say all the time. And I can understand, because they need you to be alive and in good health to continue to enjoy your Orijin...

Johninyang:
Ok. Thank you. I have forwarded my contact details to the email address provided.
I will like more information asap to enble me plan for feb 2015 exams.
I have b.sc in finance from the university of calabar and presently taking m.sc in finance.
I have lso attempted ICAN ATS2

Thank you for sharing your details with us - a CIMA representative will contact you shortly.

Johninyang:
Great piece. Am interested sir but a little confused with your organisation. Cn you through more light on levels of membership, number of exams per diet, and cost of exams?
Contact me on talk2johninyang@yahoo.com

Thank you for the kind words.

CIMA is short for Chartered Institute of Management Accountants, the world’s largest and leading professional body of management accountants.

The mission of CIMA is to help people and businesses to succeed in the public and private sectors.

CIMA has more than 218,000 members and students operating in 177 countries. They work at the heart of business in industry, commerce and not for profit organisations. We have strong relationships with employers, and sponsor leading research.

CIMA constantly updates its qualification, professional experience requirements and CPD programme. This ensures that CIMA members and students are first choice for employers who are recruiting financially trained business leaders.

CIMA has also shown commitment to upholding the highest ethical and professional standards, and to maintaining public confidence in management accounting.

Membership - There is an ongoing promo by CIMA for all categories of joiners.
- There is the 10 pound route for undergraduates
- There is the 50 pound route for SSCE/WASC holders and graduates
- There is the 45% discounted Gateway route for holders of MBA and Msc in Accounting as well as professional accountants.

On Diets
There are no diets in CIMA, Tt is a flexible package which allows you to write your exams all year round - with only case studies having fixed timing of February, May, August and November.

Your present qualification will determine the number of exams and cost. I will pass on your email address to a CIMA representative to contact you. You may also want to send your phone number to info@klagos.com to enable a CIMA representative contact you to provide answers to your questions.

Multinational corporations that include Shell Petroleum Development Corporation, Procter & Gamble, Nestle and Diageo are increasingly recruiting CIMA qualified professionals.

This is because the CIMA Professional Qualification provides more strategy, more management accounting and more relevance across a broad business perspective than any other professional accountancy qualification.

Apart from giving its holders expertise in finance, it equips them with the skills to make key decisions in business and advice others of the financial implications.

With its emphasis on strategic business skills, the CIMA Professional Qualification is a springboard to success both within and outside the finance arena.

Just as in accountancy roles, CIMA members are successful business analysts, management consultants and project managers. Others hold senior roles in areas such as operations, IT, business planning and change management. And many are in top jobs, becoming managing directors, chief executives and chairmen. You will be joining a powerful network of business leaders by joining CIMA.

CIMA certification holders are financially qualified business leaders operating in all areas of the organization. They create value by applying leading edge techniques with a commercial and forward looking focus, adapting to the changing needs of the business.

The CIMA qualification is open to all, regardless of educational background, or work experience. The basic requirements are a competence in mathematics and the English language. The CIMA qualification can be entered at any stage – either straight after school, college, university.

If you have any questions for the CIMA Agents, feel free to post it as a comment. A CIMA representative will be happy to reply to your comment. For more information on CIMA and on how to register, log on to www.cimaglobal.com or call: 07002462644 or email: lagos@cimaglobal.com.

http://myschool.com.ng/school/news/33015/why-employers-are-saying-yes-to-cima-qualification.html

CIMA is management accounting while ICAN and ACCA are financial accounting. One is forward looking while the other reports the past. One is management focused and guarantees more C-Suite positions than the other. See independent analysis by Diffren...


Financial Accounting vs. Management Accounting

Management accounting is a field of accounting that analyzes and provides cost information to the internal management for the purposes of planning, controlling and decision making.

Management accounting refers to accounting information developed for managers within an organization. CIMA (Chartered Institute of Management Accountants) defines Management accounting as “Management Accounting is the process of identification, measurement, accumulation, analysis, preparation, interpretation, and communication of information that used by management to plan, evaluate, and control within an entity and to assure appropriate use of an accountability for its resources”. This is the phase of accounting concerned with providing information to managers for use in planning and controlling operations and in decision making.

Managerial accounting is concerned with providing information to managers i.e. people inside an organization who direct and control its operations. In contrast, financial accounting is concerned with providing information to stockholders, creditors, and others who are outside an organization. Managerial accounting provides the essential data with which organizations are actually run. Financial accounting provides the scorecard by which a company’s past performance is judged.

Because it is manager oriented, any study of managerial accounting must be preceded by some understanding of what managers do, the information managers need, and the general business environment.

See web link for more info: http://www.diffen.com/difference/Financial_Accounting_vs_Management_Accounting

It is easy to understand the hostility of vested interests towards the introduction of Bank Verification Number exercise by the Central Bank of Nigeria. This is because those who insist on the truncation of the BVN belong to the opaque family of professional critics who would rather prefer that Nigeria remains a backward nation where nothing works. They would wish that the nation continues to wait for the conclusion of the snail-paced National Identity Management Commission-led registration, regardless of the cost to the development of the nation’s economy.

These persons are quick to educate us that the NIMC has the mandate to “establish, own, operate, maintain and manage Nigeria’s identity database.” But in their haste, they forgot to tell long-suffering Nigerians that the agency also has a mandate to harmonise and integrate existing identification databases in Nigeria. If this were to be their only act of amnesia, they could have been excused and directed to thoroughly study the NIMC Act again. But this will be a disservice to ordinary Nigerians who have suffered the consequences of being saddled with banking institutions that have failed them for too long.

It is unfortunate that the usual dilly-dallying, cronyism and corruption that have been the hallmarks of government-initiated projects like the NIMC continue to hold back the development of critical sectors of the economy like banking, health, education and law enforcement where proper identification of persons are key to success. Rather than vilify the apex bank for conceiving the BVN project and starting off its implementation, the critics should redirect their energies towards educating Nigerians on why the CBN should hasten to conclude the BVN exercise ahead of time as part of its Know Your Customer project.

For the benefit of those who may not know, the BVN is designed to give each bank customer a unique identity that can be used for easy identification and verification at the point of banking operations across the banking industry. The system will capture facials and the 10 fingerprints of each customer that completes the registration at bank branches. It will address issues of identity theft thereby reducing exposure to fraud. Most importantly, the customer’s unique BVN will be accepted as a means of identification in all banks. So, a person who has an account with Fidelity Bank, for instance, will not need to supply fresh details if he wishes to open another account in First Bank. By supplying his BVN to the new bank, access to his details with Fidelity will be granted from the CBN’s BVN repository.

Although the frenzied push for the integration of the global economy has cooled down somewhat, one wonders for how long the Nigerian economy will remain in the doldrums rather than take to the centre stage. For some time now, global investors have focused on the Nigerian economy as the next big thing. They are eager to invest in the country in spite of its many shortcomings. By the time these investors join the fray in full force, where will Nigerian businessmen and women be if they are unable to compete due to lack of access to funding from the banking sector? Or, should we be glad to see foreigners take charge of every aspect of business life while Nigerians are reduced to mere bystanders and sheer consumers?

Even if Nigerians will be spoilt for choice with an influx of an array of brands, how will they be able to purchase the goods on offer if banks cannot extend credit facilities to them? Would they be able to buy household goods on deferred payments like their counterparts elsewhere? All of this brings to mind the Latin question, “Cui bono?” which means “Who benefits?” Or, whose interests are served by maintaining the status quo? Also, who benefits in an environment where banks are confident to grant loans to customers knowing full well that the customer cannot disappear into thin air? Answers to these questions are obvious or aren’t they? Clearly, with BVN, access to mortgages on housing for instance will become easy for the average Nigerian. The last time I checked, it was a luxury reserved for the one per cent.

The growth of the Nigerian economy has been stunted for so long mainly because banking institutions lack the needed information to confidently grant loans to customers. If banks are to perform their duty of wealth creation in the Nigerian economy as it should be, the BVN should provide the foundations for the proper discharge of this duty. And in fairness to the CBN, having waited for the NIMC to get its acts together for so many years, Nigerians should applaud its decision to go ahead with the BVN.

The memory of past bank failures or near failures is still fresh in the minds of those who were affected. Many will still remember the shameful newspaper publication of names of some wealthy Nigerians who nearly bankrupted some banks before the CBN intervened. If the BVN had been established, such brigandage could have been prevented. Ironically, one of the implementing partners being vilified by the NIMC apologists is the key driver of the BVN project and similar initiatives by some states.

Methinks the NIMC should proceed with its registration and harmonise with other Federal Government agencies that have implemented or are in the process of implementing biometric registration of Nigerians. This, to my mind, is the sensible thing to do.

Okoya, Editor, Marketing Edge Magazine, wrote in from Lagos via okoyaade@yahoo.com

Kiishi-Lagos Limited is a full service communication consultancy. We work with leading corporations and are adept at delivering innovative communication which supports the attainment of their commercial goals.

Position: Marketing and Communication Intern

Description: Kiishi-Lagos seeks a self-starter to assist marketing and communication efforts. This internship provides excellent opportunity to experience various aspects of marketing and communication.

Responsibilities:

· Update and maintain website, social media presence and campaigns, including scheduling Instagram, Facebook and twitter updates

· Assist in planning and managing monthly content calendar

· Draft, distribute and pitch news releases etc.

· Media monitoring, and responsible for daily, weekly and monthly campaign reporting

· Attend client meetings; prepare agenda, take minutes and write contact reports

· Collaborate with employees on new ideas, directions, and venues for marketing and communications

· Plan and facilitate Marketing Committee meetings including distributing agenda and taking minutes

Qualifications:

· Firm grasp of available tools and platforms in the social media space

· Completed or working toward a diploma/certification in a related field i.e. English, Mass Communication, or Public Relations (self motivated and confident individuals without a diploma/certification are also encouraged to apply)

· Previous internship or related experience in marketing or communications is a plus

· Must be computer literate - working knowledge of word processing, PowerPoint, Excel. Proficient use of Adobe InDesign and Photoshop a plus

· An effective communicator, both written and oral

· Ability to communicate in a professional manner with the media and client contacts

· Self-motivated, good organizational skills, detail-oriented, ability to prioritize, multi-task and meet deadlines

· Enthusiasm for the mission of Kiishi-Lagos and the clients we serve

Start Date: Position open until filled, requires at least 3 – 6 month commitment.

· Hours: 35 – 40 hours/week, preferably thrice a week in the office. Up to 18 hours can be completed at home.

To Apply: Please send cover letter and resume to info@klagos.com.

Stakeholders frown at centralisation of Nigeria's identity management system



By Mos Abaka

October 26, 2014 20:55:14pm GMT | Views: 80



Nigeria flag



WorldStage Newsonline-- Some stakeholders who spoke at the 2014 annual lecture of the Chartered Institute of Bankers of Nigeria (CIBN) have called for a review of the National Identity Management Commission (NIMC) Act to allow multi-layered identity assurance scheme, sayng the centralisation of the identity management system was a setback to its successful implementation.

Speaking on the theme: ‘Identity Management: A catalyst for the new economic and financial service transformation’ Group Managing Director of Chams Plc, Demola Aladekomo said a multi-dimensional approach to identity management remains the global best practice, which Nigeria should embrace.

“No system depends on a single point of failure, such as single national database to meet all identity assurance needs. We need to cross reference several databases to be able to really ascertain who is who. No single database can do this. We need multiple databases which are integrated into the national database as obtains in other countries,” he said.

Former governor of the Central Bank of Nigeria (CBN), Chief Joseph Sanusi said establishing a national database and identifying every Nigerian has been on the front burner as far as 20 years ago. “It is embarrassing that we have not reached that stage. All other countries have gotten it done,” he said.

Former Vice Chancellor of University of Lagos, Professor Ibidapo Obe urged Nigeria to learn from the United States of America, which enjoys hierarchy of authority and systems in identity management.

The State of Texas, he disclosed, issues driver’s licence and identity card which would have been impossible if identity assurance were centralised. He cited the state of disrepair of the Nigerian Railway Corporation, because the law states that nobody can run a railway except the federal government.

Bank Examiner, Nigeria Deposit Insurance Commission (NDIC), Mrs. Rosemary Oluwanisola said identity management is a constitutional issue because government should take responsibility for identifying Nigerians, but how long is it going to take government to get this done.

“First quarter of the year, we were mobilised by NDIC to be part of biometric capture for the national identity scheme, today we are still waiting for the outcome of that process. But today, I have my Bank Verification Number (BVN). Let us not confuse effort for results,” she said.

Executive Director, Cashcraft Asset Management Limited, Bolaji Agbola, advised NIMC to assume the regulatory role and free market for concessionaires to operate so that we can have the national identity card.

“For instance, in the last six months, I have been trying to procure driver’s license without success. We need to decentralise all of this, and empower the private sector to do it. If the NIMC law is defective let us change it,” he said.

He said that India, which more populous than Nigeria has registered about 70 per cent of its population, adding that Nigeria benchmark them and make progress.

However, Director of NIMC, Chris Onyemena, insisted that the constitution stipulates that biometric data is an exclusive legislative item adding that only the Federal Government can do it.

“In this country, we know that some states went ahead to create their own laws to provide for residency cards. The federal government after years of limited success and failures established the National Identity Management Commission vested with the authority to keep biometric information of all Nigerians and the provision for legal residence, whether you are in the private sector or public sector. That is the position of the law,” he said.

http://worldstagegroup.com/index.php?active=news&newscid=18526&catid=2

Asemo11: Alomo Bitters, Kerewa,
Kogbebe, Ibile, Durosoke, Dadubule, Action Bitters,
Koboko, Ogidigba, Pasa Bitters, Osomo
oboy see names of drinks
and people day use moni buy dis kind concontion

You know why na... Selling point for low end of the market.

nymphomaniac: Great taste

Both Orijin bitters and the RTD are awesome. Was at Intercontinental Hotel bar the other day. See the big masquerades (CEOs of Banks and Bluechips scrambling for both. This Orijin is phenomenal).
Am happy it is a proudly Naija premium drink.

I am hopeful that Nigeria will be out of the woods soon - and manufacturing concerns like Guinness can become more cost-effective by saving hundreds of millions and even billions in energy cost. It is not a Jonathan thing, government is continuity.

@starlingbawa - Warri no dey carry last.
Area!!!!

Guinness may report profit decline, as innovation brands surge

Guinness Nigeria Plc has notified The Nigerian Stock Exchange (NSE) that it has scheduled a Board of Directors meeting to hold on Thursday, 4th September 2014. The audited financial statements of the company for the year ended 30th June 2014 as well as the declaration of dividend are on the meeting agenda.

Guinness Nigeria reported 11.4% decline in revenue for the nine months ended March 31st, 2014. Even though, the company’s management had expressed optimism that its performance will improve in the last quarter of its financial year, it is expected that the trend will affect the full year results.

Commenting on the third quarter results in its press announcement at the end of April 2014, Seni Adetu, Managing Director/Chief Executive Officer, Guinness Nigeria Plc, had said “In spite of the positive contributions from strategic innovations like Orijin Bitters, Snapp and Satzenbrau to net sales, high finance costs in an increasing interest rate environment negatively impacted overall profitability. We will continue to invest in our brand portfolio and optimization of our market logistics, expecting that these and other initiatives will lead to improved revenues and overall performance.”

In 2011, the leading brewer announced an investment of N52 billion in its business to expand production and route to market infrastructure for its premium and innovation brands. While the premium brands have remained a strong portfolio of consumer brands holding their own against competition, the innovation brands are exceeding forecasted growth numbers, gaining significant market share as is very visible on the table tops in leading bars in Lagos, Ibadan, Port Harcourt and other cities where these new brands have been launched.

The company confirmed that the sale of its innovation brands like Orijin Bitters, Snapp, Alvaro, Satzenbrau and Orijin Ready to drink were still up for the second consecutive quarter. Adetu observed that the business is upbeat because the impressive performance of recently introduced innovation brands will be a big boost for Guinness Nigeria’s future performance. “That the best sales news is from innovation brands is cheering because the investment committed to its development is stimulating growth. This will ensure value creation for our shareholders in no distant future. The management and board of Guinness Nigeria Plc remain confident in our range of leading brands, our continued focus on distribution and our investment in our brands and people to deliver long term growth for the business.”

Guinness Nigeria Plc was listed on the Nigerian Stock Exchange in 1965. It has a shareholder base of over 75,000 shareholders, and is one of the foremost quoted companies in Nigeria.

Lol That is an out the world spacer oh. You know it is good to eat something inbetween alcoholic drink - but this gala matter beats it o!

What is CIMA?
Recognised around the world, a qualification from CIMA (Chartered Institute of Management Accountants) can set you up for an exciting and prosperous career in management accountancy. So what is CIMA, and where exactly can it take you?

A comprehensive qualification
CIMA can take you all the way from the beginning of your financial education, to a qualification equivalent to a Master’s Degree.

The full qualification involves a range of levels and knowledge areas, and usually takes around four years to complete. The course is flexible, however, so you can take as long as you need. So, let’s take a look at the structure of the CIMA qualification.

Certificate:
You can start studying towards the CIMA Certificate with no previous qualifications. Through five Fundamental units, you’ll gain a basic understanding of both financial and management accounting, as well as being armed with new technical skills. At the end of the course, you’ll gain the CIMA Certificate in Business Accounting.

Diploma:
The CIMA Professional Qualification is made up of four levels, and two awards. The first of these awards is the Diploma in Management Accounting, and is achieved through completion of the Operational level. Units focus on three main areas, Enterprise, Performance, and Finance, giving you a deeper understanding of how to perform tasks central to management accounting.

Advanced diploma:
To achieve the Advanced Diploma in Management Accounting, you will need to complete the Management level units. Building on the foundations of your understanding of management accounting, this level will prepare you to manage and supervise financial processes.

Membership:
Once you’ve completed the first two Professional levels, you can move onto the CIMA Strategic level. Now you’ve gained a practical knowledge of management accountancy, you’ll learn to plan ahead and make strategic financial decisions.

To complete the full CIMA qualification, you’ll take the Test of Professional Competence in Management Accounting. Through practical experience in a professional setting, and a case study based exam, you’ll prove your readiness for a career in management accounting.

The key to your career
We’ve answered the question “what is CIMA?” in terms of the actual course content. But the other half of the question concerns where it can take you. Because CIMA is so thorough, and focuses heavily on ethical standards, it is well recognised by employers.

A qualification in management accounting often takes you into more exciting roles than plain financial accounting. You could work in any industry, helping to form and implement financial strategies that will drive the business forward. Far from the stereotype of the lonely accountant, you will work closely with others to achieve broader goals.

You could look forward to senior roles such as Finance Manager, Commercial Accountant, and Operations Manager in the future. CIMA members even rise to top positions like Chief Financial Officer or Chair.

If you still want answers to the question, “What is CIMA?”, don’t hesitate to send us a message, or get in touch via: http://www.cimaglobal.com/Our-locations/Nigeria/

Na so na - it is the new and in-thing for authentic Naija.

It is homegrown flavour!

Maybe I should buy you some bottles jo - Orijin is best quaffed with friends, and even cyber-acquaintances!