Union Bank has received the ‘Marketing Campaign of the Year’ and ‘Innovative Financial Brand of the Year’ awards at the 2018 Marketing World awards. The awards were officially presented at a ceremony that held recently at the Movenpick Ambassador Hotel in Accra, Ghana and brought together top practitioners and stakeholders from the African integrated marketing communications industry. Now in its 8th year, the annual Marketing World awards were established to recognise and celebrate top individuals and organisations across Africa who have developed and implemented exceptional integrated marketing campaigns during the…
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ADVAN: Folake Ani-Mumuney-led association Celebrates Silver Jubilee
Series of weeklong activities has been announced by the Advertisers Association of Nigeria (ADVAN), to mark its 25th anniversary, culminating in the ADVAN marketing excellence awards slated for the 18th of November. The ADVAN anniversary week with the theme “The Power of Story Telling” gives the leading marketing association in Nigeria and its members the opportunity to emphasize on the strategic importance of storytelling in nation building and driving economic growth, a role they have played so well over the last 25 years. According to statement issued by the President of…
Read MoreTony Elumelu tasks African leaders on attractive investment policies
Tony O. Elumelu, Chairman, Heirs Holdings, and Founder, Tony Elumelu Foundation, has called on African heads of state to develop policies that will attract private sector investment. He made the call while speaking to private sector captains, global investment leaders, and key players in Africa’s development sector at a plenary discussion at the Africa Investment Forum, titled: Championing Investments in Africa – Conversations with the private sector. Organised by the African Development Bank (AfDB), he event featured robust and interactive conversations on Africa’s investment landscape, with a view to articulating…
Read MoreFBN promotes financial literacy in schools in celebration of World savings day
First Bank of Nigeria Limited and FBNQuest Merchant Bank, both subsidiaries of FBNHoldings Plc, joined the rest of the world on October 31, 2018 to mark the 2018 World Savings Day by visiting 30 secondary schools and more than 1000 students across the country to impart them with knowledge of financial literacy nuggets. The World Savings Day is in line with FirstBank’s FutureFirst programme, specially designed to equip students with the knowledge of money management, early entrepreneurship skills, and financial independence whilst stimulating in them savings culture at an early age. Also,…
Read MoreRevenue Collection Hits N4.3trillion, Says FIRS
Federal Inland Revenue Service, FIRS, yesterday disclosed that it had recorded a remarkable performance in terms of revenue collection this year, adding that, as at October 31st, it recorded a collection of N4.3trillion. Speaking at the FIRS special day at the ongoing Lagos International Trade Fair, the Executive Chairman, Babatunde Fowler said the service had the potential to meet its assigned target at the end of the year. “We realize that this performance wouldn’t have been possible but for the present administration’s policies of expanding the nation’s tax base and…
Read MoreUSA becomes world’s biggest crude oil producer
According to Energy Information Administration (EIA) data released on Wednesday, the U.S. crude production has hit a whopping 11.6 million bpd, thereby making the United States the world’s biggest crude oil producer, pushing Russia and Saudi Arabia to the back seat. That’s a threefold increase from the U.S. low reached a decade ago, and a 22.2 percent rise just this year. It makes the United States the world’s biggest producer of crude. Russia pumps an average of 10.8million bpd and Saudi Arabia, about 10.5million bpd. The EIA expects output to…
Read MoreNatural Gas Production Rise By 8% – NNPC
The Nigerian National Petroleum Corporation (NNPC) says 230.35 Billion Cubic Feet (BCF) of natural gas has been produced in the country in July. The Corporation, in its Monthly Financial and Operations report for July, said the production averaged a daily output of 7,678.17 million Standard Cubic Feet (mmscfd). It said the sum represented 8.81 per cent increase compared to the previous month, June 2018. The report indicated that for the period July 2017 to July 2018, 3,084.09 BCF of gas was produced, representing an average daily production of 7,834.62 mmscfd.…
Read MoreTwo global banks close offices in Nigeria
The Central Bank of Nigeria, in a report on Friday, said HSBC and UBS have closed their offices in Nigeria. The CBN revealed that foreign investment had fallen sharply from a year ago. It also said foreign direct investment in Nigeria fell to N379.84bn ($1.2bn) in the first half of the year from N532.63bn ($1.7bn) a year earlier. It did not give reasons for the banks’ closure. The central bank said the outlook for the Nigerian economy in the second half was “optimistic” given higher oil prices and production but…
Read MoreJoin British Vogue Editor-at-Large, Julia Sarr-Jamois in her Masterclass at the GTBank Fashion Weekend
Julia Sarr-Jamois is a London based stylist and is the Fashion Editor-at-Large at British Vogue and Senior Fashion Editor-at-Large at i-D. Furthermore, she is a contributor for Teen Vogue, Vogue Italia, Self Service, Double and M Le Monde. Julia regularly works with leading photographers such as Harley Weir, Zoe Ghertner, Angelo Pennetta, Letty Schmiterlow, Theo Wenner and Oliver Hadlee Pearch. Julia’s work, which typically plays with unexpected clashes of texture and idiom, has also won her top commercial clients, such as Max Mara, Moschino, Kenzo, Lacoste, Carven, Nike, Stella McCartney…
Read MoreJoin Style Director, Nikki Ogunnaike as she discusses “Diversity in Fashion” during her Masterclass at the 2018 GTBank Fashion Weekend
Nikki Ogunnaike is the go-to style expert for the 25 million+ users, fans, and followers of what is now the largest fashion and beauty magazine website. She also represents the brand on television and in ELLE.com videos. Anytime you need a mix of style that is equal parts accessible and forward-thinking, Ogunnaike is on it. The Nigerian-American editor cut her teeth at InStyle as an Assistant Editor and Vanity Fair as a fashion assistant before moving to Glamour.com as their Senior Fashion Editor. Date: Saturday, November 10th, 2018. Time: 12:00…
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