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VACANCY AT WEMA BANK

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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

It is illegal for NNPCL to fix price of Dangote petrol – Falana

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Femi Falana, SAN
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Human rights lawyer, Femi Falana, SAN, says it is illegal for the Nigerian National Petroleum Company Limited, NNPCL, to determine the price of Premium Motor Spirit, also known as petrol, for the Dangote Refinery after deregulation.

Falana, who said this in a statement on Tuesday, added that the action of the NNPCL contravenes Section 205 of the Petroleum Industry Act, PIA.

“On September 5, 2024, the Nigerian National Petroleum Corporation Limited (NNPCL) stated that foreign exchange (forex) illiquidity had been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS) governed by unrestrained market forces, as provided for in the Petroleum Industry Act, PIA.

“The NNPCL was explaining the pump price of PMS imported into the country at the material time. Specifically, the Executive Vice President of Downstream NNPC Ltd Mr. Adedapo Segun, explained that Section 205 of the PIA, which established NNPC Ltd, stipulated that petroleum prices were determined by free market forces.

“But contrary to the well-publicised statement, the NNPCL has fixed the price of PMS produced by the Dangote Refinery and Petrochemical Company Limited. The action of the NNPCL is a violent contravention of section 205 of the PIA, which stipulates that the prices of petroleum products shall be determined by market forces.

“Furthermore, since the petrol sold by Dangote is not imported into the country but produced at the Lekki Economic Free Trade Zone, the NNPCL cannot justify the sale of petrol at N950 per litre without freight cost, lightering cost, jetty depot fees, storage fees, foreign exchange costs, NPA charges: NIMASA charges, Customs duties etc,” he said.

Falana’s outburst followed the commencement of PMS lifting by the NNPCL from the Dangote Refinery.

DAILY POST recalls that as soon as lifting commenced, NNPCL announced that the product would sell for N950 per litre in Lagos State and its environs, and above N1,000 per litre in states such as Borno.

Reacting, the Independent Petroleum Marketers Association of Nigeria, IPMAN, on Monday, criticised NNPCL, saying it was not right for petrol lifted from the Dangote Refinery to cost higher than imported ones.

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Dangote refinery: Naira transaction for PMS to begin October 1st – NNPC

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Dangote refinery
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The Nigerian government has announced that it will begin paying Dangote Refinery in Naira for petrol supply starting October 1st.

This decision was made after a meeting with the Implementation Committee on the Naira crude oil sale.

The government also disclosed that the Dangote Refinery and other local refiners in Nigeria will begin to buy crude oil from the Nigerian National Petroleum Company (NNPC) Limited on October 1, 2024.

The NNPC will supply approximately 385,000 barrels per day of crude oil to the Dangote Refinery, which will be paid for in Naira.

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Dangote Refinery plans sea transport for 75% of local supply, targeting Warri, Port Harcourt, and Calabar

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Dangote Refinery
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Dangote Refinery has announced plans to transport 75% of its local petroleum product supply via sea routes, targeting key locations like Warri, Port Harcourt, and Calabar.

This shift to sea transportation aims to reduce the higher costs associated with road distribution.

The refinery has the capacity to load 83% of its products by road, but it is ramping up efforts to evacuate nearly all production by sea.

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