Dangote Refinery unveils N2.15trn IPO at N525 per share
Dangote Petroleum Refinery and Petrochemicals FZE on Monday unveiled a N2.15 trillion Initial Public Offer (IPO), offering Nigerians and other Africans an opportunity to acquire shares in the 700,000-barrel-per-day refinery. The offer comprises 4.1 billion ordinary shares at N525 per share, with a minimum subscription of 10 shares valued at N5,250. Chief Executive of the […]
Kenya regulator opens takaful market to conventional insurers
Kenya’s regulator has introduced new takaful (Islamic insurance) rules which will allow the entry of conventional players into the sector, part of efforts to boost capital markets in East Africa’s biggest economy. Takaful is seen as a bellwether of consumer appetite for Islamic finance products. It is based on the concept of mutuality; the takaful company oversees a pool of funds contributed by all policy holders.
Is Legend making reward system a policy?
All around Nigeria, Legend extra stout is going about rewarding loyal consumers in a campaign it dubbed “Legend Taste and Tell’ contest. The brand which has traversed parts of Lagos, Enugu, Owerri, Ibadan and now Abeokuta, the Ogun State capital, precisely at Halmond Entertainment bar, a popular hangout at the MKO Abiola Stadium, rewarded consumers who engaged in the blind taste game, ‘Taste and Tell.’
Magic Mirror, new OOH ad medium enters Nigeria
A new vista has been opened in the Nigerian out-of-home, OOH advertising industry with the introduction of Magic Mirror advertising option by Soundz & Meknitz Limited. The product, world’s latest OOH advertising technologies, is the first in entire Sub-Saharan Africa. Classed under the emerging media and below the line/indoor advertising category, works by interfacing a specially designed mirror with an in-built LCD video and audio programme that also doubles as a viewing mirror.
Royal Exchange Prudential Life targets market leadership
“The customer is at the heart and soul of every organisation’s growth and success and it is very important to keep them satisfied if one wants to remain in operation. If the customer is treated well, he/she stays with you, but if they receive shabby and unsatisfactory treatment, they (customers) will take their business elsewhere.
Nigerians seek transparent disbursement of oil revenue
“We know that nations that are rich in oil and gas that often times, the oil is like a predicament. It is a paradox of a rich nation with poor people.” Williams urged Civil Society Organisations (CSOs) to utilise the opportunity provided by the workshop to deepen their advocacy in oil and gas revenue tracking in the South West. She said the call was necessary in view of the far-reaching recommendations contained in the report.
