BANK OF INDUSTRY (BOI) GRADUATE ENTREPRENEURSHIP FUND (GEF) 2018

The Bank of Industry Limited (BOI) is Nigeria’s oldest, largest and most successful development financing institution. It was reconstructed in 2001 out of the Nigerian Industrial Development Bank (NIDB) Limited, which was incorporated in 1964. The bank took off in 1964 with an authorized share capital of 2 million (GBP).

Title: 3rd Round of the BOI N2 Billion Graduate Entrepreneurship Fund (GEF)

Background

§  The Graduate Entrepreneurship Fund (GEF) scheme is the Bank’s first youth programme which was launched in October, 2015 and is implemented by the Bank in partnership with the National Youth Service Corps (NYSC) Directorate. This initiative is specifically targeted at youths undergoing the mandatory one (1) year national service programme.

§  The aim is to change the job-seeking mindset of Nigerian youths to entrepreneurship and self-reliance by encouraging them to develop skills for self-employment and to contribute to the accelerated growth of the national economy.

§  Hence the introduction of the Graduate Entrepreneurship Fund programme to address the worrisome phenomenon of unemployment and restiveness.

Objectives
The Graduate Entrepreneurship Fund (GEF) is a product with the following objectives:

§  To encourage graduates of tertiary institutions currently undergoing the compulsory one-year NYSC programme, to venture into business and become employers of labour rather than job-seekers.

§  To address the entrepreneurship capacity gap of the young NYSC members.

§  To deepen financial inclusion by de-risking the NYSC members and making them eligible for small business loans to be provided by BOI.

§  Ensure sustainability of the business of the young graduates through effective monitoring of the corps members by the NYSC Directorate and BOI.

Read Also: Global Graduate Recruitment Programme 2018 at British American Tobacco Nigeria

Components of the GEF Programme

The GEF Programme comprises the following:

§  Capacity building Process through the following:

§  Selection/screening of the NYSC members that will participate in the capacity building process through questionnaire to be administered on BOI online portal.

§  4 days intensive training on generating a business idea (value proposition), how to run a profitable business (Business Model) and basic financial record keeping. This will be done in collaboration with the NYSC Directorate and shall be facilitated by BOI’s partner Entrepreneurship Development Centers/Institutions in the 36 states of the federation, including the Federal Capital Territory (FCT).

§  Financial support for those with bankable business ideas within BOI’s SME clusters.

§  Rationale: The scheme is a special fund to encourage young Nigerian graduates of tertiary institutions who are currently serving under the NYSC programme to start up new businesses as well as expansion of existing ones.

§  Target Market/ Criteria: This product will be available to serving NYSC members that have successfully passed through the following stages:

§  Screening process

§  Attended the capacity building programme developed specifically for the prospects under GEF

Global Graduate Recruitment Programme 2018 at British American Tobacco Nigeria

 A global leader with more than 200 brands in over 200 markets; we bring together the world’s brightest and best minds, that’s why we value uniqueness.

 If you’re driven, passionate, ambitious and courageous, our Global Graduate Programme will help you achieve your potential.

Our Global Graduate Programme (Legal and External Affairs) enables you develop exceptional commercial skills, equipping you with a deep understanding of the dynamics of the market you operate in. It offers you the opportunity to challenge yourself on international projects, network with graduates from around the world and strengthen your leadership skills, through participation in our Global Academy and with the support of your dedicated Coach and Mentor.

 This is a real job from day one. One in a tough and fast-paced environment that will stretch you to the limits – you’ll progress from graduate to manager in 12 months!

Job purpose and key deliverables: British American Tobacco has an exciting opportunity for a Global Graduate (Legal and External Affairs) to join our team in Nigeria.

Essential requirements

• Are you a recent university graduate within the last 3 years, with a high-performance academic track record - minimum of Second Class Upper division or equivalent?
• Have you completed the National Service Year (for Ghana applicants) or equivalent for other countries?
• Do you have excellent verbal and written communication skills in English and French?
• Are you ambitious, resilient and more proactive than others when it comes to learning new things?

An inspiring journey awaits you here at BAT Nigeria. The question is; Are you up to the challenge?

Show what you’re made of… Join our 2017 Global Graduate Programme!

Read Also: Vacancy: On-Line Customer Care Officer

Desirable requirements Legal academic background is required.

Working at BAT British American Tobacco (www.bat.com) is a market leading, global organisation with a long, established history and a bright and dynamic future. Thanks to our people we have continued to deliver growth and exceed expectations in an increasingly complex and challenging marketplace.

Our aim is to become the leading tobacco company in each of our markets by providing excellent products with confidence and responsibility expected of global consumer brands.

If you have the talent and motivation to help us succeed you’ll find we are equally committed to helping you reach your full potential too.

Employing company: British American Tobacco Marketing Nigeria (BATMN)

Removal Date:    31-Jan-2018

CLICK HERE TO APPLY

Related Post: Vacancy: Technical Trainee At Nigerian Bottling Company Ltd

PHOTO: Gas Station Catches Fire On CMD Road, Lagos

A heavy explosion broke out on Monday morning on CMD road, Magodo area of Lagos.

It was reported that a cooking gas station in the area caught fire in the Morning, though the cause of the fire is yet to be ascertained.

It was reported by an eyewitness that the firefighters are responding to the situation and commuters are advised to avoid the road and find alternative routes till the fire is contained.

Related News: Welcome Home! See Photos Of Stranded Nigerians Arriving Home From Libya

Apply For Holland Scholarship For Degree Or Master's Study (5,000 Euros)

This scholarship is financed by the Dutch Ministry of Education, Culture and Science as well as several Dutch research universities and universities of applied sciences.

Scholarship

The scholarship amounts to € 5,000. You will receive this in the first year of your studies. Please note that this is not a full-tuition scholarship.

Grant award period

The grant is awarded for one year and can only be received once.

Application criteria

• Your nationality is non-EEA.
• You are applying for a full-time bachelor’s or master’s programme at one of the participating Dutch higher education institutions. 
• You meet the specific requirements of the institution of your choice. You can find these on the website of the institution.
• You do not have a degree from an education institution in the Netherlands.

How to apply

Find your programme in the overview of participating research universities or in the overview of participating universities of applied sciences. You will find detailed information about the application procedure and deadlines in the links provided in both lists.
The university will contact you to let you know if you have been awarded a scholarship.

Deadlines

You can now apply for the 2018-2019 academic year. The deadline for application is either 1 February 2018 or 1 May 2018. Please check the website of the institution of your choice to confirm the correct deadline.

CLICK HERE TO READ MORE

Related News: Japanese Government(MEXT) Scholarship For Teachers (2018)

Vacancy: On-Line Customer Care Officer

A small but growing company involved in the merchandising of electrical and mechanical household appliances requires the services of suitably qualified candidates to fill the following vacancies:

Job Title: On-Line Customer Care Officer

Qualifications: BSc/HND 

• Ability to create content on social media
• Highly developed and sophisticated communication Skills
• Demonstrable comfort with social media interaction platform

Method of Application:

Interested candidates should forward their CV to osca_2015@yahoo.com  within two (2) weeks of this Advertisement. 

Related Post:

Multiple Vacancies In An Electrical Company

Sales Executive at Maersk Nigeria

Vacancy: Sales Executive at Maersk Nigeria

We Offer
An exciting career opportunity in an international, challenging business setting characterised by high pace and diversity. You will get to focus on creating valuable relations with current and new customers and work with highly-professional teams in an environment where you will be valued, recognised and well-rewarded.

Job Description

• We are looking for a Sales Executive to join the Maersk Nigeria Sales team, to be based in our Lagos office.
• You will manage existing customer relationships and performance, focus on growth in targeted areas as well as secure new customers.

Key Responsibilities
Account Management:

• Customer relationship management
• Clearly map stakeholders and understand their needs
• Effective management of assigned customers; pursue and secure business in line with West Nigeria volume targets.

Revenue Management:

• Create and manage customer specific business plans and initiatives allowing Maersk Line to maximize its yield potential.
• Ensure follow through on E2E direction setting as communicated with a view to maximising total yield and build a stronger pipeline of new customers
• Keep abreast of market developments and report significant trends, rate changes and policies to TNM and Sales Manager
• Proactively support Finance and Customer Service in clearing outstanding invoices and longstanding containers respectively

Pipeline and Portfolio Management:

• Quality sales activities covering client portfolio.
• Quality pipeline accurately reflecting the business that has been identified from active sales calls, without allowing unrealistic/significant over or under forecasts vs. what is to be delivered.
• Business plan based on minimum set with quarterly updates.
• Qualify customer opportunities using:
• Uncovering needs framework, understanding the buying phases
• Using and understanding the Persuasive Selling methodology
• Build strong customer specific value propositions linking to Maersk Line differentiators.
• Actively use Maersk Line CRM tool

Read Also: Welcome Home! See Photos Of Stranded Nigerians Arriving Home From Libya

Sales Meetings/Activity Management:

• Prepare for Sales meetings with clear agenda and desired outcomes in the CRM tool
• Follow the Persuasive Selling principles

Welcome Home! See Photos Of Stranded Nigerians Arriving Home From Libya

The Minister of Foreign Affairs, Mr Geoffrey Onyeama, on Sunday in Port Harcourt said that the Federal Government would rehabilitate and empower 490 Nigerians evacuated from Libya.

Onyeama gave the assurance on the arrival of the returnees at Port Harcourt Airport in Rivers, where a reception centre has been set up to receive and profile the returnees  before being transported to their various states of origin.

Minister of Foreign Affairs Geofferey Onyeama with his team that went to Libya

The returnees are the first batch of an estimated 5037 Nigerians to be ferried home by two indigenous airlines, Max Air.

Onyeama had led a fact finding team to Libya to negotiate with the government to get the stranded Nigerians home.

Read Also: FG Begins Mass Evacuation of Nigerians from Libya