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Exclusives

INEC to spend only 19 percent above its previous election cost budget

July 19, 2018     11:14 am
President Buhari’s request for N242.4 billion for the general 2019 elections is almost equivalent to amount anticipated by the Independent National ...
Exclusives

Flawed: Nigeria’s mobile money policy is failing and how it can be fixed

Every few days, Tasiu Abdurrahman takes the money he makes from selling spices in Nigeria’s biggest northern city and buries it in his yard. The 55- ...
Exclusives

Road to ‘Nigeria Air’ littered with skeletons of failed past efforts

The federal government yesterday unveiled Nigeria Air as its new national carrier at the Farnborough air show in the U.K, however historical precedent ...
Exclusives

Naira undervalued, expect soft year-end rally – RenCap

Renaissance Capital in its recently published currency watch report (Thoughts of a Renaissance Man) stated that Naira is currently undervalued in Inve ...



Financial Inclusion

Nestlé appoints first African female market head

Nestlé, one of the world’s largest Food and Beverage Company has appointed Freda Duplan, a female Ghanaian national, as its market head of the company in Pakistan. Formally the Coastal Cluster Manger for Nestlé in the Central and West African Region, Duplan who has become the first African woman to attain this position, assumed her…...


New Innovative Marketing Trends to Watch in 2018

Marketing gets more challenging by the minute; this is mainly due to the hyper-competitive nature of nearly every industry. Consumers also add significant hurdles as they are becoming increasingly resistant and unaffected by promotional techniques. This means that for an enterprise to survive, innovation is a necessity. The innovation process requires full management and control…

Dangote Sugar refinery outperform peers in consumer goods index

Between 2013 and 2017, 6 companies recorded positive growth in their earnings on the consumer goods index. Amongst these companies is Dangote sugar refinery which recorded an average growth rate of 30 percent, making the firm the best performing company by earnings growth on the consumer goods index during the period of analysis. The consumer…...


Ekiti Election: Politicians took vote-buying to higher dimension — Lawyer

Mr Wale Ogunade, a constitutional lawyer and President, Voters Awareness Initiative on says that Politicians took the act of vote-buying in Ekiti gubernatorial election to a higher dimension. Ogunade told the News Agency of Nigeria (NAN) on Thursday in Lagos that the previous acts of vote-buying were done in secret but during the Ekiti election,…...


Oando denies involvement in London court case

In a statement to the Nigerian Stock Exchange (NSE), Oando Plc has repudiated the Media Reports in print and digital news media purporting that the International London Court of Arbitration has ordered Oando Plc or Wale Tinubu to pay $680 million to Gabriel Volpi, following an investment dispute between Whitmore Asset Management Limited, jointly owned…...


Ensure Insurance set to take its rightful position in Nigerian market

Allianz Group has announced the completion of the acquisition of 99.03 percent of Nigerian insurer, Ensure Insurance plc. from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance Plc. offers life and non-life insurance services and generated N7.7 billion, equal to18.2 million euros in gross premiums written in 2017.  The new company will continue…...


Enugu gov. embarks on court constructions in 3 senatorial zones

Enugu state government has embarked on the construction of 14 new court buildings and open registries for judicial divisions and magisterial districts across the three senatorial zones in the state. The governor of Enugu state Ifeanyi Ugwuanyi made this known during the flag off/ground breaking ceremony for the construction of two new court buildings of…

EFG Hermes enters Nigeria, adds Africa’s largest consumer market to footprint

EFG Hermes, a leading financial services corporation in frontier and emerging markets (FEM), has entered into a definitive sale and purchase agreement (SPA) to acquire 100% of Primera Africa, a top-ranked brokerage house in Nigeria. EFG Hermes will utilize its presence in Nigeria to serve both global and domestic investor appetite for opportunities in Africa’s…...


Increased housing affordability coming on CBN’s mortgage guarantee initiative

In no distant future, increased affordability will be coming into the Nigerian housing market on the back of Central Bank of Nigeria’s (CBN’s) new mortgage initiative known as mortgage guarantee programme which seeks to bring more home seekers into the mortgage net. Affordability has always been a big issue in the Nigerian housing market because…...


Egyptian investment bank acquires 100% of Nigeria’s Primera Africa

EFG Hermes, a leading financial services corporation in frontier and emerging markets (FEM), has entered into a definitive sale and purchase agreement (SPA) to acquire 100 percent of Primera Africa, a top-ranked brokerage house in Nigeria. EFG Hermes will utilize its presence in Nigeria to serve both global and domestic investor appetite for opportunities in…...


Reps seek end to indiscriminate killings of Police operatives

The House of Representatives on Wednesday condemned in strong terms the killing of four policemen in Sabongida area of Edo State by unknown gunmen. The House has consequently urged General Abayomi Olonisakin, Chief of Defence Staff (CDS) and Ibrahim Idris, Inspector General of Police (IGP), to urgently set up a joint patrol team along the…...


Reps confirm recovery of over $500m

The House of Representatives’ Ad-hoc Committee investigating over N6 trillion oil revenue leakages and the activities of the Department of Petroleum Resources (DPR) on Wednesday, confirmed the recovery of over $500 million revenue into the Consolidated Revenue Fund. Jarigbe Agom Jarigbe (PDP-Cross Rivers) disclosed this during an interactive session with representatives of some of the…...


APC postpones Osun primary

All Progressives Congress, APC has postponed  Primary election to elect the Party’s candidate for the forthcoming Osun State Governorship election earlier  scheduled for Thursday  to Friday. Bolaji Abdullahi, APC National Publicity Secretary in a statement release Wednesday night said, “however, meeting between the Primary Election Committee chaired by  Abdul’aziz  Yari, Governor of Zamafara State and…...


Airtel offers 100% bonus on data in new SmartConnect package

In line with its brand positioning as Nigeria’s leading mobile Internet services provider, Airtel Nigeria is offering new customers on its network 100% bonus on any data bundle purchased as well as eight times the value of any recharge. Under the new offer, new customers get 100% bonus on every data bundle of N100 and…

Atiku mourns Katsina-Alu, jurist, soldier

Atiku Abubakar, a former vice president of Nigeria mourns the death of former Chief Justice of Nigeria, Justice Aloysius Katsina-Alu, describing the news of his death as shocking and saddening. Atiku notes that the late Justice Katsina-Alu was a remarkable patriot who served the country well both as a soldier and, later on, as member…...



CEO Mag



Life & Arts

New Innovative Marketing Trends to Watch in 2018

Marketing gets more challenging by the minute; this is mainly due to the hyper-competitive nature of nearly every industry. Consumers...

https://www.businessdayonline.com/

Africa, Middle East Advertising body appoints Nigerian as Jury

A Nigerian, Sinmisola Hughes-Obisesan, Africa’s first female Creative Director of the global Leo Burnett Advertising network has been appointed as...

Sweet Revenge makes Kevin Hart's film competition shortlist

Sweet Revenge makes Kevin Hart’s film competition shortlist

A short film, Sweet Revenge, directed by a Canadian/Nigeria film director, Pascal Atuma has made the 10 final shortlisted films...



Fifa 2018 World Cup     Powered by  

Real Madrid, Barcelona top largest TV audience in LaLiga

Their brand name is one of the most powerful in the world of football and recent TV figures have reiterated...

Gianni Infantino

VAR a new discovery in football – says Infantino

FIFA President Gianni Infantino said the world football ruling body has looked back extremely satisfied with how the referees performed...

AITEO-Group

Aiteo Group speaks on leadership crisis in NFF and other matters arising

The AITEO Group has become aware of media statements relating to suggested investigations of financial dealings at the NFF with...