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Shell names new Managing Director for SNEPCo

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Shell has appointed Ronald Adams as the new Managing Director of its deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Limited.

This was contained in a statement by Shell Nigeria’s Media Relations Manager, Gladys Afam-Anadu, on Tuesday.

Adams, formerly the Chief Executive Officer of Atlantic LNG, Trinidad and Tobago, takes over from Elohor Aiboni, who was said to have proceeded on international assignment to Brunei Shell Petroleum as Asset Director.

“Both appointments take effect today (October 1)”, the statement emphasised.

Reacting, the Country Chair, Shell Companies in Nigeria, Osagie Okunbor said, “I’m pleased to welcome Ronald to Nigeria to consolidate and further improve the outstanding performances of SNEPCo in deep-water production and life-changing social investments across Nigeria.

“I wish to congratulate Elohor for the outstanding deliveries since she took over in August 2021. The assignment in Brunei is another opportunity for excellent contributions to the Shell Group.”

Ronald is a thirty-two-year veteran of the energy industry having successfully guided both Shell-operated and non-operated ventures through commercial and technical challenges.

He holds a BSc in Chemical Engineering from the University of the West Indies and an MBA specialising in Strategic Planning from Herriot-Watt University, Edinburgh, Scotland.

“I’m excited at the opportunity to be part of the success story of SNEPCo and look forward to joining the team of talented staff to deliver even more value to stakeholders,” Ronald was quoted as having said.

The outgoing MD, Aiboni, noted that it was a great honour to work alongside colleagues and external stakeholders to build a safe, simpler and cost-disciplined business that continues to lead the way in deep-water operations in Nigeria.

“I’m particularly grateful for the invaluable support and encouragement of our concessionaire and co-venture partners which made the task easier,” she added.

SNEPCo pioneered Nigeria’s deep-water development in 2005 when it began production at Bonga through the 225,000-barrel-per-day-capacity Bonga Floating, Production, Storage and Offloading vessel, anchored 120 kilometres offshore in the Gulf of Guinea.

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Canada Offers Visa-Sponsored Egg Packing Jobs to Foreign Workers

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Canada is actively seeking individuals to fill positions in the egg-packing industry, offering visa sponsorship for eligible candidates. These jobs include sorting, packaging, and organizing eggs for distribution, enabling workers to engage in agricultural activities and explore rural areas.  

This program aims to facilitate employment opportunities for people from various countries interested in building careers in Canada. According to the Last Stop Booking website, the program provides support for foreign workers seeking visas and outlines the steps for those interested in entering the egg-packing sector. 

Job Responsibilities 

Reports inform that egg packing positions involve several critical tasks essential to maintaining quality standards in the agricultural sector. Workers are noted to be responsible for: 

– Sorting and Reviewing: Inspecting eggs for quality and categorizing them by size and weight. 

– Packing: Placing eggs into cartons or other packaging materials accurately. 

– Labeling: Ensuring each package contains the correct information, including dates for identification. 

– Quality Control: Removing broken or damaged eggs and evaluating the quality of the inventory. 

– Maintenance: Regular cleaning and sanitizing of work areas and equipment to uphold hygiene standards. 

These responsibilities require a keen attention to detail and the ability to work effectively within a team. 

Requirements for Applicants 

According to Last Stop Booking, candidates interested in egg-packing roles must meet several requirements: 

– Physical Fitness: The job demands physical stamina to stand for long periods, lift heavy loads, and perform repetitive tasks. 

– Attention to Detail: Accuracy in inspecting and packing eggs is crucial to ensure product quality. 

– Communication Skills: A basic proficiency in English is necessary for effective team collaboration. 

– Work Experience: Previous experience in similar roles is preferred but not mandatory. 

– Educational Background: Most positions do not require formal qualifications beyond a high school diploma. 

Meeting these criteria can enhance an applicant’s chances of securing a position in the industry. 

Benefits of Employment 

Securing a job in the egg packing sector in Canada as reported by Last Stop Booking, comes with various advantages: 

– Legal Employment: Visa sponsorship allows foreign workers to work legally in Canada, ensuring compliance with immigration regulations. 

– Job Stability: The consistent demand for egg packing roles in Canada’s robust agricultural sector may lead to long-term employment opportunities. 

– Pathway to Residency: This employment can serve as a stepping stone towards permanent residency in Canada for eligible workers. 

– Competitive Pay: Hourly wages typically range from CAD 14 to CAD 20, with opportunities for overtime and additional pay during peak seasons. 

– Skill Development: Workers can develop valuable skills applicable to other roles within agriculture and food production. 

These benefits contribute to a supportive work environment and enhance overall job satisfaction. 

Application Process 

Prospective candidates should follow these steps to apply for egg-packing jobs in Canada:  

  1. Research: Identify recruitment agencies that specialize in egg-packing job placements, focusing on those that offer visa sponsorship.
  2. Document Preparation: Keep an updated resume and cover letter, highlighting relevant experience and qualifications.
  3. Application Submission: Ensure applications are submitted before deadlines and comply with employer guidelines.

Reports inform that websites such as Indeed.com, Workopolis.com, and the official Canadian job portal are excellent resources for finding available positions.  By offering visa sponsorship and outlining clear job responsibilities and benefits, the program aims to attract a diverse workforce eager to contribute to the Canadian economy while building their careers. 

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Satellite internet provider Starlink hikes rates

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Satellite internet provider, Starlink, has announced an increase in its monthly subscription rates.

According to a message sent to its customers on Tuesday, the company, said the hike in rates will affect both current and new customers.

It said the standard residential package will now go for ₦75,000 while mobile regional (roam unlimited)’s new price is ₦167,000
and mobile global (global roam) package is ₦717,000.

The new rates, according to message, is effective immediately for new customers, and beginning October 31, 2024, for existing users.

The company attributed the hike to “excessive levels of inflation,” which has made it necessary to adjust service fees in line with economic realities.

“Your monthly service price will increase in one month, starting from 31 October 2024. For new customers, the price increase takes effect immediately,” the message read.

The company added that customers who no longer wish to continue with the service can cancel at any time without any penalties.

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Half Year: UBA Grows Earnings by 40% to N1.37 trillion, Declares Interim Dividend of N2.00 Per Share

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Total Assets up by 37.2% to N28.3 trillion
Customer Deposits hits N23.2 trillion, climbs 34%
Makes Profit Before Tax of N401.6bn

Africa’s Global Bank, United Bank for Africa (UBA) Plc has released its audited financial results for the half year ended June 30, 2024, showing impressive performance across some key financial indicators.

The audited financials released to the Nigerian Exchange Limited (NGX) on Monday, showed that the bank recorded double-digit growth in its gross earnings and operating incomes.

At the end of the first two quarters of the year, and despite the tough global macroeconomic climate in Nigeria as well as the geo-political environment challenges across major countries in Africa where the bank has subsidiaries, UBA recorded a 39.6 per cent increase in its gross earnings, which rose from N981.77 billion in 2023 to N1.371 trillion in June 2024.

Interest income also increased by 134.3 per cent to N1.003 trillion up from N428.2 billion recorded in June last year, while total assets went up by 37.2 per cent from N20.6 trillion in December 2023 to close at N28.3 trillion. Customer deposits, also leapt by 33.7 per cent in the same period to close at N23.2 trillion up from N17.3 trillion recorded at the end of 2023.

The results filed showed that profit before tax(PBT) which stood at N403 billion in June 2023, closed the half year at N402 billion, while profit after tax(PAT)dropped slightly from N378 billion to N316 billion in the year under consideration. However, the banks’ shareholders funds increased by 47 per cent from N2.03 trillion in December 2023, to N2.99 trillion.

In line with the bank’s culture of paying both interim and final cash dividend, the Board of Directors of UBA Plc has declared an interim dividend of N2.00 per share for every ordinary share of N0.50 each held by its shareholders, representing 300% increase compared to the N0.50 declared in the similar period of 2023.

UBA’s Group Managing Director/Chief Executive Officer, Mr. Oliver Alawuba, while commenting on the results underscored the bank’s commitment to consistently deliver value to its shareholders. He said, “UBA Group has continued to deliver strong double-digit growth in high quality and sustainable banking revenue streams, driven by a focused growth in balance sheet, transaction and digital banking businesses across geographies in line with our strategic goals.”

Continuing, the GMD said, “The Group’s performance has been buoyed by consistent strong growth in all core and sustainable banking income lines. Our intermediation business showed strong growth with net interest income expanding by 143% YoY to N675billion”.

On the plans for the rest of the year, Alawuba said, “As the Group intensifies its customer acquisition drive, we are making significant investments in technology, data analytics, product research and innovation to enhance our value proposition and customer experience.”

The Executive Director Finance & Risk, Ugo Nwaghodoh, expressed delight at the milestone achieved by the bank in driving operational efficiency, as reflected in cost-to-income ratio normalizing around the 50% range.

“Our cost optimization provides scope for further moderation, as we explore options towards a drastic reduction of our foreign currency denominated cost components, robotizing and automation of processes and application of artificial intelligence to our operations,” he stated.

He disclosed that the Group will focus on effectively managing the heightened credit, operational, cyber and information security risks, as it continues to conduct its business within the tenets of our moderate risk appetite in alignment with our sustainability goals.

“The Group has made significant progress and is on course to shore up its share capital to support its medium to long term aspirations, whilst aligning with the recent regulatory requirement in Nigeria and other jurisdictions. that we operate in,” Nwaghodoh further explained.

United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than thirty-five million customers, across 1,000 business offices and customer touch points in 20 African countries. With presence in New York, London, Paris and Dubai, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross-border payments and remittances, trade finance and ancillary banking services.

Ramon​​​​ Nasir
Head, Media & External Relations
United Bank for Africa Plc

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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