Diageo, organisers of the Africa Business Reporting Awards (DABRA) has announced the winners of the 2010 Awards.
The Award now in its seventh year according to the organisers, is to celebrate Journalists and news organisations which have gone the extra mile to promote the African continent.

Golden penny noodles from the stable of Golden Pasta Company Limited has been awarded the Nigerian Mark of Quality award having passed the Nigerian Industrial Standard Manufacturer’s Conformity Assessment Program (NIS MANCAP) test, as it introduces two more flavours.

Plans have been concluded for the 40th anniversary of Tom Tom come July 2010, as it enlists musicians to thrill consumers.Tom Tom from the stable of Cadbury Nigeria Plc said it is using the anniversary to interact with its consumers who had stayed loyal with it over the years.

Speaking, Mr. Paul Udochi, Sales Controller, Cadbury Nigeria at the press briefing heralding the anniversary said the celebration tagged: Tom Tom stripes Groove is a demonstration of the brands leadership quality in the Nigerian candy market, with a growing market share and profitability.

Continuing, he said, “as we celebrate Tom Tom’s 40th anniversary of soothing relief with our loyal consumers, you would agree with me that today, Tom Tom, as it was 40 years ago is still delivering on its promise of instant relief, fresh breath and clearing the airways. This is the Tom Tom promise and this is what the brand has always delivered, “ he noted.

In this celebration, the Sales Controller said the brand’s success story would not be complete without the patronage and presence of its loyal consumers.
Further, he said that the anniversary promises to be an exciting experience for consumers as the big names in the Nigerian entertainment industry have been signed up for the groove.

On the vein, Bimbo Alabi, Senior Brand Manager (Medicated Candy) of the company, while answering question the corporate social responsibility of the company explained that over the years company only thought of making returns, but today all that has changed as companies now look at the immediate community and give back to the operating environment.

Giving the customer more than is expected is about innovation, this phrase was captured by Dangote noodle’s motive to deploy three new Television Commercials (TVCs), tagged; What’s Cooking?, Chicken by Nature and Natural World.

The issue of the removal of petrol subsidy is one area that has exposed our government’s characteristic indecision and prevarication.

Two weeks ago, the Managing Director of Union Bank, Mrs Funke Osibodu, who was drafted for a two-year rescue mission to Union Bank, one of the eight rescued banks, had an interactive session with business editors in her office. Below are excerpts of the session.

The new prudential guidelines recently released by the Central Bank of Nigeria (CBN) have run into stiff opposition in the banking industry.

Insurance companies in the country stand the chance of losing billions of naira from federal government on insurance of public building and building under construction if the malicious protest going on in the sector over government’s insurances continue just as the government explains reason behind March 1, 2010 insurance year for group life.

The Executive Secretary of Nigeria Accounting Standards Board, NASB, Mr. Godson Nnadi, has emphasized the need for the establishment of an independent accounting and auditing standard setting body for Nigeria and other African nations.

MESSRS. Richard Gill and Olutunde Adebayo have joined the employment of Nigeria’s only publicly quoted telecommunication company, Starcomms Plc, as directors to strengthen the operations of Starcomms and sustain its innovation drive among others.