Dangote Refinery IPO: 10 things Nigerian investors must know before buying
₦2.15trn potential figure makes the transaction impossible to ignore. But for investors, the more important question will ultimately be
Economic indicators point to continued contraction
Some Leading Economic Indicators, LEIs, are pointing to a year-on-year contraction in growth in January 2016, which may see Nigeria’s economy returning a growth rate of less than one per cent in the first quarter, 2016, if the trend continues. But some other international reports indicate that the development is likely to be a global phenomenon though sub-sahara Africa and other commodity dependent economies which include Nigeria, may be worst hit.
Experiential marketing is taking technological twist – EXP boss
Everyday consumers routinely encounter marketing efforts that promote an endless variety of brands and products. Unsurprisingly, consumers are weary, guarded, and circumventing any attempt by marketers to gain their attention. Experiential marketing thus engages consumers on a more intimate and personal level by building meaningful connections through shared moments and events. Princewill Ekwujuru sought the views of Gil Kimani, new Managing Director of EXP Marketing Nigeria, who has had experiences in African markets.
Will Nigerians boycott banks on Tuesday?
If Nigerians heed the call by the Consumer Advocacy Foundation of Nigeria (CAFON) and Coalition of Nigerian Consumer Protection Associations, banks across the country, on Tuesday, March 1, will be empty. The group wants Nigerians to boycott the banks on that day in protest against alleged arbitrary charges imposed on customers by the financial institutions. This is coming weeks after the Central Bank of Nigeria (CBN) imposed N50 on customers as compulsory stamp duty on deposits of N1,000 and above. The charge, however, is collected on behalf of NIPOST and the Federal Government and it goes to the Federation Account. Only last week, the CBN said it got banks across the country to return excess charges, estimated at N6.2billion, to customers.
Economic reforms, passage of bill will boost Nigeria’s economy —Control Risks
Control Risks, a global risk consultancy firm, yesterday said that the Federal Government fight on corruption, economic reforms and quick passage of some important bills before the National Assembly will boost the economy.
Ecobank explains sack of workers
Ecobank Nigeria on Thursday said that the recent reorganisation that affected some senior staff was designed to strengthen the bank’s business across all markets.
