Wema Bank Plc (WEMABA.ng) Q12015 Interim Report

first_imgWema Bank Plc (WEMABA.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2015 interim results for the first quarter.For more information about Wema Bank Plc (WEMABA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Wema Bank Plc (WEMABA.ng) company page on AfricanFinancials.Document: Wema Bank Plc (WEMABA.ng)  2015 interim results for the first quarter.Company ProfileWema Bank Plc is a financial services institution in Nigeria providing banking products and services for the personal, commercial and corporate sectors. The company provides a full-service offering ranging from transactional accounts, savings account, loans and overdrafts to revolving credit, warehouse financing, letters of credit and invoice discounting/receivable refinancing. Trade services include bills for collection, shipping documents handling, trade finance, invisible trade, offshore guarantees and advisory services. Other products and services support small and medium-sized enterprises, foreign exchange, cash management, retail management and integrated revenue services. Founded in 1945, Wema Bank Plc now as an extensive network of some 125 branches in the major towns and cities of Nigeria. Its company head office is in Lagos, Nigeria. Wema Bank Plc is listed on the Nigerian Stock Exchangelast_img read more

Cash-rich Qatar circle Rocky Elsom’s Narbonne

first_img They own Paris Saint-Germain, their name adorns the shirts of Barcelona and their Aspire Football Dreams initiative claims to have worked with three and a half million youngsters cross Africa, Asia and Latin America in the last decade. And, of course, they’re hosting the 2022 World Cup.The influence of Qatar in world football has been growing steadily in the past few years and now it appears the Gulf State is eyeing up rugby union. It’s a logical progression, particularly in France, where the Qatar-owned broadcaster beIN Sports has the rights to the Champions Cup.Now the Qatari Investment Fund (QIF) wants to buy Narbonne, often referred to by its initials RCNM, (Racing Club Narbonne Méditerranée), a famous old club that is no longer the force it once was. Currently languishing in the bottom half of ProD2, RCNM won the last of its two Top 14 titles in 1979 but has since been in slow decline.Mega-rich: Qatar sponsor Barcelona, home to Suarez, Neymar and MessiIn the summer of 2011 the club narrowly avoided relegation to the third tier of French rugby, Federale 1, because of financial mismanagement, but the following year some semblance of stability arrived when an Australian Consortium – including former Wallaby and Leicester coach Bob Dwyer and ex-Australian flanker Rocky Elsom – took control of the Mediterranean club.Now Qatar are circling but Elsom – who still plays for Narbonne – isn’t interested. In a statement published on the club’s official website last weekend, the 32-year-old Australian said that no official offer had been made and “even if there had been an offer, I seriously doubt that it would be in the best interests for Narbonne or RCNM, therefore the matter’s closed and we should all move on.”But while many of the club’s supporters back Elsom’s stance, plenty of people in the region want to accept the Middle Eastern money. “I see this arrival as a tremendous opportunity for the town of Narbonne,” declared Didier Mouly, the mayor. “Jihad Manai wishes to reach the top.” Qatar has adorned shirts of football leviathans, Paris Saint-Germain and Barcelona, and now they’re looking to move into rugby with Narbonne in the ProD2 Tough cookie: Former Wallaby captain, Elsom (second left), is no walkoverManai represents QIF and in recent weeks he’s done his best to persuade Elsom to sell. Last month, in an interview with a local newspaper, Manai outlined his vision for the club and the town. “It’s not a matter of bringing a sponsorship to the Narbonne team…it’s a change of ownership, of development, of investment, in order to give a real boost. That’s what we would like to do for the town.”Manai’s vision is clearing having an effect on some, conjuring up images of Qatar money doing for Narbonne what it has done for Paris Saint-Germain. “It’s a wonderful opportunity!” exclaimed Guy Molveau, the regional rugby president. “We can only praise the Australians for [what they did] four years ago. They, and a group from Narbonne, have saved the club…but if the Qataris have the means to take an interest in general, and RCNM Narbonne in particular, it’s an act which can become very important for rugby and also a boost for the economy.”Proud club: Narbonne last hit the headlines when they lost their player, legendary All Black Jerry CollinsQIF haven’t given up hope of acquiring Narbonne, giving Elsom until December 31 to change his mind, but Jihad Manai warned: “If he doesn’t call me, then very sincerely and without arrogance, I have no reason to chase after him.” Explaining that rugby is growing in popularity ‘in our part of the world’, Manai said there was an appetite among the young to learn more about the sport and he envisaged forging a rugby partnership between Qatar and France. “Obviously my preference is for Narbonne,” he added, “but when the bride doesn’t want to get married, should one remain single? If the bride isn’t interested, then it’s best I go elsewhere to get married.” LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALScenter_img Not for sale: Rocky Elsom and his Australian consortium want to keep Narbonne Of interest: There were noises Stade Francais interested the Qataris in 2012In fact this is not the first time Qatar have courted a French rugby club. In 2012 Thomas Savare, president of Stade Francais, held talks with Nasser al-Khelaïfi, his counterpart at PSG, whose stadium is next door to the Stade Jean Bouin. No deal was forthcoming and when asked why not Savare replied: “It’s a sea snake, therefore it swims between two waters and is always there.”A somewhat enigmatic response but then few things are straightforward when it comes to Qatar’s interest in rugby.last_img read more

Sean O’Brien’s monster ruck cleanout against France

first_imgMonday Feb 16, 2015 Sean O’Brien’s monster ruck cleanout against France Sean O’Brien made his return to international rugby at the weekend, pleasing Ireland rugby fans after the disappointment of his withdrawal due to a warmup session injury the weekend prior. On this occasion he took to the field, and made his presence known in no uncertain terms with this huge cleanout.This was his first Test appearance since November 2013 and that loss to the All Blacks.The Tullow Tank said that he loved being back against France, but certainly felt the pace.“I was blowing. I was sucking air there at one point but it was good to get the amount of minutes that I did. I was very surprised to get the shout to go back on again but the legs felt good.”The legs and his massive frame in general were put to the test just nine minutes in, when a loose ball resulted in what could have easily been a France turnover.Instead, the powerhouse got back swiftly and managed to clear out not one, but two French players at the ruck, and prevented a third from snatching the ball.For the record, it was Rory Kockott and flanker Bernard Le Roux, and then he removed the threat of skipper Thierry Dusautoir too. It’s easy to miss at first glance, but this is the kind of workrate coaches love.For his part, O’Brien praised the French, and said that they were throwing their bodies about too.“It was tough. There were a lot of big hits close in that maybe people didn’t see,” he explained.It was a very physical game and there’ll be a lot of sore bodies from our side and theirs but we were expecting that. They have some very big, physical players and they really got stuck into us in the second half.”View highlights of Ireland vs France hereADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error See it to Believe it , Six Nations 2015 Related Articles 25 WEEKS AGO WATCH: Experts explain what actually happens… 26 WEEKS AGO WATCH: Leigh Halfpenny makes yet another… 26 WEEKS AGO Parisse alley-oop magic sets up brilliant… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyWrinkle Remedy Stuns TV Judges: Forget Surgery, Do This Once DailySmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items with a Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Heavy rains pick up in the South, Nor’easter coming to Northeast

first_imgABC News(NEW YORK) — A storm system will move through the South Tuesday with heavy rain that could cause flash flooding. Already Tuesday morning ahead of the storm, three states — Arkansas, Louisiana and Mississippi — are under Flash Flood Watch.By Wednesday early morning, this storm system will move into the Southeast with heavy rain and thunderstorms from Atlanta to Raleigh, North Carolina. Over the next 24 hours, some areas in the south could see 2 to as much as 5 inches of rain with possible flash flooding expected in Mississippi, southern Arkansas and northern Louisiana. By Wednesday late morning into the afternoon, the southern storm system will strengthen and move up the U.S. East Coast and will form into a strong Nor’easter by Wednesday evening with heavy rain for the Northeast and very gusty winds.Locally more than 3 inches of rain could fall in the Northeast in a short period of time on Wednesday afternoon and evening. Some urban and small stream flash flooding is also possible. Wednesday night into Thursday morning, very gusty winds are expected along the I-95 corridor and some gusts could be higher than 50 mph and up to nearly 70 mph on Cape Cod. Airport delays are possible at the major hubs from Washington, D.C. to Boston.Copyright © 2019, ABC Audio. All rights reserved.last_img read more

BPS calls for guidelines on assessment centres

first_imgRelated posts:No related photos. Assessmentcentres need guidelines to ensure that their tests have relevance to the workcandidates will perform, claims the British Psychological Society. Thesociety has drafted a set of  standardsit wants to publish in May. They provide guidance to occupational psychologistsand HR managers on how to establish best practice at assessment centres. Thedocument has yet to receive the support of the CIPD.EveMatthews, recruitment and diversity officer for West Bromwich Building Society,welcomed the guidelines. She said, “It’s a very good idea as we mustensure that centres are free of gender, race or cultural bias.”IanBallantyne, author of the draft document and senior consultant at Assessment& Development consultancy, said, “There are a lot of assessmentcentres for graduate trainees which are not working properly. “Youoften have undergraduates who are confronted with tasks which have littlerelevance to the jobs. I don’t know, for example, what being plunged intofreezing water in Dartmoor has to do with recruiting potential bankmanagers.” Comments are closed. BPS calls for guidelines on assessment centresOn 13 Feb 2001 in Personnel Today Previous Article Next Articlelast_img read more

Guru

first_img Previous Article Next Article GuruOn 19 Feb 2002 in Personnel Today Comments are closed. This week’s guruFO keeps meter running to top the taxi rankingGuru is impressed by KPMG’s new policy of allowing staff to sign offexpenses – it is set to save the company £1m a year. That is, of course, assuming staff don’t become as obsessed with taxis asthose at the Foreign Office. They spent £378,000 on cabs in just eight monthslast year. The Cabinet Office only managed a paltry £135,391 between 2000 and2001. Guru can imagine the conversation between the cab driver and the Whitehallmandarin: “So mate, it’s first left at the traffic lights, third exit atthe roundabout and then straight on to Tel Aviv.” Minister can’t always be on the winning side The Employment Bill has been welcomed by employers and staff alike andemployment relations minister Alan Johnson would appear to have the Midas touch(News, 12 February). This does not, however, extend to the football team he supports. Before anaudience with Guru, Johnson was cursing the fortunes of his other lifelonglove, Queens Park Rangers. Not only is the club in serious financial troubleand barred from any transfer activity while in administration, but it hasagreed a ground-share deal with arch London rival Fulham. Guru will not be inviting Johnson to grace the corporate hospitality box athis beloved Shrimpers, as even the minister’s constituency team Hull are on alosing streak, languishing in the depths of the Third Division. Filming takes drugs tests a wee bit too far Personnel Today research last summer revealed a third of employers wereconsidering the introduction of drink and drugs testing at work. While this sent shockwaves through the sector, they didn’t reach Australia.To our antipodean cousins, drugs and alcohol testing is small beer. A miningcompany in Queensland has started filming staff as they give urine samples tomake sure there are no underhand happenings. “Our employees work with heavy equipment and hot metal in anunderground environment. We cannot afford to have staff adversely affected byalcohol, illicit or prescription drugs, or fatigue,” said Mount Isa Mines’operations manager. Employees who test positive for drugs will be put on a rehabilitationprogramme, or funded through drama school. Females enjoy the finer detail in lifeGuru likes a big night out. But whileextremely talented in the skill of free thought, Guru is often let down by thelogistical detail required. That is why he was glad to hear that women are spending up to11 working days each year on planning nights out.The research by Archers Schnapps also shows that men are as badbut are more spontaneous and use quicker communication methods, such as textmessages and e-mail. The psychologist behind the report claims women are excited bythe lengthy planning process, or ‘be-foreplay’, and likens it to theirattitudes to sex. Guru would not like to hazard a guess at why men adopt ahair-trigger approach.    Related posts:No related photos.last_img read more

Viewpoint

first_imgIs the plant baking industry getting more profitable? That is the question raised by the new 2006 Key Note report into bread and Bakery Products. The report rounds up latest figures lodged with Companies House. One company is certainly doing alright for itself. No prizes for guessing it’s Warburtons, which recorded a £45.4 million profit in 2004. But Cheshire–based Frank Roberts & Sons and Sheffield-based Fletchers Bakeries also posted good profits last time round. That contrasts with figures from British Bakeries, which reported a £12.7m loss in the year to May 2004, and ABF Grain Products, including Allied Bakeries, which posted a £13.8m loss in the year to September 17, 2005. Northampton-based Fine Lady Bakeries and Hull-based William Jackson Bakery also reported losses in their last submissions to Companies House.But if the figures prove anything, it is never to take statistics at face value. Once you call on leading analyst David Lang to shed light on them, you get a very different picture. Flour is sold between the milling and baking divisions of the big players at nothing like market rates. And exceptional costs also distort the picture. Allied Bakeries actually made around £15m and British Bakeries around £30m in 2004, estimates Mr Lang. Meanwhile, William Jackson actually saw a pleasing £88,000 profit with its export business taken into account. So, from the mire, the good news: the plant baking industry is profitable – probably by more than £100m a year. There is a proviso. Exceptional costs, which have been taken out of the calculations, have an unpleasant habit of cropping up regularly. Tesco’s bakery director for the last four-and-a-half years, Tony Reed, would argue Tesco can take some of the credit for the health of the industry (pgs 15 to 17). He says without the growth of Tesco, the bakery market in the UK would have been flat at best, and would probably be in decline. Also in this issue, the last feature in Andrew Williams’ series on bakery retailing on the internet (pgs 18-19). We hope it will help readers make even more profit!And as British Baker was going to press news came the Food Standards Agency is about to start its 12-week consultation on possible fortification of bread with folic acid (pg 3). The estimated cost of fortifying flour is around £700,000 a year. Who picks up this tab is set to be a contentious issue.last_img read more

Premier to sell Avana rumour

first_imgPremier Foods has reportedly put its cakes and chilled desserts company Avana Bakeries up for sale.According to an article in The Telegraph, Premier has appointed NM Rothschild to assist with the sale of the Newport-based company, which is a major supplier of own-label products to Marks & Spencer.Premier Food’s ready-meals business RF Brookes, which also supplies M&S, has also been put up for sale, according to the newspaper report.Avana Bakeries was acquired by Premier Foods in its takeover of RHM in 2006.It was subsequently integrated into the company’s chilled division under the management of RF Brookes to make distribution to M&S more efficient.Premier Foods refused to comment on the story.One industry analyst told British Baker that offloading Avana and RF Brookes would fit with Premier Food’s corporate strategy.”Premier is looking to become a purely branded business, so a couple of own-label companies like these are not exactly core,” said the source.Premier Foods made a pre-tax £73.5m loss in 2007. It said the rising cost of wheat had hit the business hard.last_img read more

Watch: Bakers’ Fair highlights

first_imgTake a look at the highlights from the annual Bakers’ & Butchers’ Fair, can you spot yourself there?The event saw bakers from all over the UK gather together to get valuable insights and partake in the prestigious Britain’s Best Loaf competition, sponsored by Rank Hovis and won by Lee Smith of Bexhill Farm Kitchen.Keith Chegwin took centre stage at the event, to meet bakers and host the awards.See what TV favourite Keith Chegwin had to say about the event, and watch Lee Smith baker of Britain’s Best Loaf, as we catch up with him after the win.last_img

The spectacle of Ghungroo

first_imgBackstage at the Agassiz Theatre’s Horner Room, costumed performers gathered for last-minute rehearsals. One group of dancers sang their own soundtrack, as another followed a faint beat from laptop speakers. A performer whipped out a neon vest, and his squad, clad in gold spandex, followed him into the room. In one corner, a flutist practiced; in another, a host’s turquoise dress was wrapped slowly around her. Two masters of ceremonies practiced their routine. “It’s three hours of overly done clichés about South Asia,” one quipped. “Well, when you put it that way, this is a Bollywood movie,” shouted the other.The scenes on Thursday were from the opening night of Ghungroo, a celebration of South Asian dance, music, and heritage — and the largest student-run production on campus.For audience members, Ghungroo means flashing colors and a soundtrack that integrates the stylings of Bhangra with Rihanna. But with 400 undergraduates involved, the performances, which ran through Saturday, also are a tremendous feat of coordination. Ghungroo is the only show on campus too big for the building in which it is held — only 110 performers fit in the Horner Room — so a flurry of coordinators with microphones must shepherd groups from holding area to holding area as they prepare to take the stage.Across the street in the basement of the First Church in Cambridge, performers in later acts arrived, changed, and warmed up. There, Vinay Iyengar ’18 had set up a live feed from the theater to coordinate when the next mass of dancers should be shepherded across Mason Street to Agassiz. “It’s sort of like a conveyer belt from here to the two rooms inside the Ag,” he said, both harried and exhilarated by the buzzing microphone and the green-gold costumes flying by.The coordination begins long before opening night. The South Asian Association books the theater, paints the set, recruits choreographers, assembles programs, auditions and orders the acts. This year, with 300 applications, the association selected 150 dancers to appear in everything from “Dandiya Raas,” a folk dance from Gujarat, India, to “Fusion,” which the program bills as “Chicken Tikka Masala — not quite purely found in South Asia, but a sumptuous meal that leaves you ready for more.”If there’s one thing in the cultural mix that defines Ghungroo, it’s the senior dance. A rite of passage for some, a bucket-list item for most, the number lasts for 25 minutes. It includes nine sections and 140 participants, many of whom have never danced before in college productions, and even more of whom have never studied the South Asian-inspired stylings featured in Ghungroo. The only qualifications are zeal and proficiency with online sign-ups.“We’re not technique-oriented,” explained Radhika Rastogi ’15, the dance director. “We’re not out to impress the audience. It’s always more about energy and enthusiasm.” Her main concern ― moving dancers on- and offstage without anyone falling from the platform — did nothing to displace her joyous grin. Indeed, it was hard to spot a single case of backstage nerves in any of the holding areas. Ghungroo, a choreographer said, is a performance for performers, not the audience, and the euphoria of that shows.Audience members are not left behind, though, particularly when it comes to seniors. Opening night is also “senior night,” and a section of Agassiz was reserved for the Class of 2015. It was wasted effort, though. Seating and tickets became increasingly flexible as the night progressed. At first, a few performers lurked behind the balcony seats to watch their friends. By the end of the night, a constant stream of seniors and dancers surged in and out to catch their roommates and friends in action. A venue manager recounted how last year she had barred 12 seniors sneaking in, only to catch them trying to sprint up the stairs when she looked away. She gave up when they slipped in a third time.Back in the Horner Room, the energy of the senior dance was picking up, the conveyer belt running full-throttle. Sets of jingling dancers returned from the stage, squealing delightedly, just as new groups arrived from the church. Underclassmen had to depart at this point; there simply was not enough room for everyone. Someone peeked in to blow his friend a kiss. A student in athletic shorts followed; after a workout, he’d arrived two hours late to catch the last 15 minutes of the show. “This is what I came here for,” someone said. “This is the most important part of my night.”Two leaders stood on a riser with signs hushing the backstage performers and announcing the next section to go on, but their written words carried little conviction. Venue managers had joined the whooping seniors in the balcony, and the strict coordination deteriorated as the night came to a close. After three hours of manning the conveyer belt, the directors were ready for flashing colors and Bhangra-Rihanna. They need not have worried; no one seemed to be falling off the stage.Colton Valentine ’16 is a literature concentrator.last_img read more