THE Indomie instant millionaire promotion tagged â€œ60 millionaires in 60 daysâ€ which said that for every day, for 60 days, 60 consumers of the product would be made millionaires has produced first set of millionaires.Read More
Group Managing Director/Chief Executive Officer of FinBank Nigeria Plc, Mrs Suzzane Iroche, has disclosed that the Annual General Meeting of the bank held in March resolved that its Islamic Banking Division would take off in Sokoto in the next three months.Read More
Two customers have won the star prize of Diamond bankâ€™s Savings Xtra promotion namely â€œSalary for Lifeâ€. At the first set of winners in the Diamond Bank Savings Xtra Season 2 promotions last week the customers namely Mrs. Grace Ihekerenma of Ikwere Road, Port Harcourt branch of the bank and Olatunde Oketade, a customer of the bank based in Ibadan emerged the winner of the star prize with a value of N 24 million and representing N100,000 every month for 240 months. Also five customers won air conditioners, another five won laptops; five others won generators, another five won LCD TVs and five customers won motorcycles. Ten customers also won N500, 000 each.Read More
The value of listed equi ties on the Nigerian Stock Exchange (NSE) dipped last week by N87.82 billion.
This was even as the market capitalisation and All-share index both dipped by 1.75 per cent each. The capitalisation which opened the week at N5.012 trillion shed N87.82 billion to close at N4.924 trillion while the index dipped by 383.1 basis points to close the week at 21,483.02 points from 21,866.12 points at which it opened.
Arising from her 13th Annual General Meeting/Media awards in June 2009, Advertising Association of Nigeria (ADVAN) sought to attach the relevance of advertisers in the corporate entity called Nigeria, as well, seek ways to be relevant within the re-branding Nigeria project and the Vision 2020 context, embarked upon by the federal government, spearheaded by Prof. Dora Akunyili, Minister of Information and Communication.Read More
Two customers of Diamond Bank Plc have emerged as the pioneer winners of â€œsalary for lifeâ€in the the bankâ€™s Savings Xtra promo, amongst other winners of various prizes.Read More
Alimosho Local Government Area in conjunction with Theresa Adebanjo foundation have concluded its summer coaching class which it described as aimed at preparing primary school pupil in the Local Government for self employed in the future.Read More
Standard Bank, the parent company of Stanbic IBTC. Plc, weekend, strengthened its relationship with China with the signing of a US$1 billion loan facility with four major Chinese banks in Macau,Read More
Leveraging on strategic partnerships with key stakeholders in the power sector, including state governments, banks have committed about $700 million to power projects across the country, with the aim of facilitating the federal government effort to provide stable power supply in the country.Read More
THE Recent parley between Mr. Lamido Sanusi and the House of Representatives Committee on Banking and Currency might have come and gone, but it left a lot of questions unanswered about both parities. That the CBN governor floored the lawmakers in the opinion of some, have reflected how shallow Nigerians understand the tenets of the 1999 constitution.
CHARLES KUMOLU reports.
THE Federal government has said that if the nationâ€™s products were well packaged and made attractive especially to the international community, they will command better pricing through adequate promotion at the appropriate places and markets. Speaking in Abuja at the Stakeholders Forum on improvement of non-oil exports, Minister of Commerce and Industry, Chief Achike Udenwa who noted that the situation was affecting the nationâ€™s economy, called on Standards Organisation of Nigeria(SON), Federal Produce Inspection Service(FPIS), National Agency for Food and Drugs Administration and Control (NAFDAC) as well as other quality control agencies to step up action at educating Nigerian exporters on the urgent need to re-focus on the best standards and qualities that were acceptable in international markets.Read More
This is where I classify the new capital requirement of the CBN. It is the anti-thesis of an entrepreneurial approach. That is why I am certain that X years from now some policy maker will reverse it. The only loser will be the Nigerian economy â€”Professor Pat Utomi, The Guardian, July 25, 2004.Read More
A major aspect of the recent developments in the banking sector is the amount of funds; N 420 billion which the Central Bank had to inject into the affected banks in response to their reported chronic illiquidity.Read More
Dr. Oscar Odiboh, Managing Consultant Newsletters Limited. He bagged his doctorate degree in the new area of Philosophy of Marketing Communication in University of Lagos. He has worked in companies like Lintas, Insight and Solutions before establishing Newsletters Limited years ago. He has written books on marketing communication which are recommended to higher institutions in
Representatives from about 20 companies will be participating in London Chamber of Commerceâ€™s trade mission slated to hold next week in Lagos and Accra respectively.Read More