Leveraging distribution strategy for market Leadership

The Nigerian consumer market is growing on all fronts and this is a pointer that it cannot continue to be business as usual. Brand handlers who understand this are thinking outside the More »

Nigerian FMCG Brands and Competition

Fruits juice production is a viable project as raw materials are readily available in Nigeria. It grew well in 2016 with 3% off-trade volume growth, although the growth was slower than what More »

GTBank Releases 2017 Half Year Audited Results …….. Reports Profit before Tax of ₦101.1Billion

Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2017 to the Nigerian and London Stock Exchanges. A review of the half year performance, More »

Extra Ordinary Draws: Diamond Bank Creates 13 Millionaires in 2 Weeks

Diamond Bank Plc, Nigeria’s leading retail bank, has created additional 13 millionaires in its daily extraordinary draws across the six geopolitical zones of Nigeria’s economy. With these newly created millionaires, the Bank More »

CHI EXOTIC NECTAR REITERATES SUPERIOR TASTE IN NEW CAMPAIGN

Chi Exotic Nectar, one of Nigeria’s most admired fruit nectar drink has launched a new communication campaign to reiterate its commitment to indulge all its consumers with the wonderful taste that they More »

 

HOLLANDIA CHOCOMALT 3-IN-1 DRINK OFFERS INSTANT NUTRITION

HCM 315ml & 135ml PACKSa

Chi Limited, Nigeria’s market leader in high quality Juice and Dairy products has introduced the 01st Ready-to-drink chocolate, milk and malt drink to the market. The product, Hollandia ChocoMalt Drink, fondly referred to as “3-in-1 Yo!” because of its appeal to a youthful consumer segment, is an innovative product that combines chocolate, milk and malt in trendy pack sizes. It can be consumed immediately after opening and delivers instant or sharp sharp nutrition to consumers.

World Finance- First Bank: Feeding Nigeria’s 200 million people will be huge business.

Adesola-Adeduntan

Nigeria imports nearly a shipload of rice every week. But it is one of the most agriculturally fertile countries in Africa. The challenge, says First Bank of Nigeria MD and CEO Dr Adesola Adeduntan, is that the land is used by subsistence farmers, and is yet to be fully commercialised. He explains the work First Bank is doing in this sector, including helping farmers to form cooperatives in order to finance the right agricultural inputs and equipment. The potential of a food-secure Nigeria is huge. This is the second half of our interview with Dr Adeduntan; in the first half he discusses Nigeria’s general business outlook and First Bank’s financial inclusion targets.

ELEVENTH HOUR PICTURES PRESENTS FIRST EVER AGRO-BASED TV REALITY SHOW ‘THE AGROPRENEUR’

Eleventh-Hours-New-2-1-21-206x300

“The Agropreneur” is an agricultural based television reality show.
The show shall focus on raising agro entrepreneurs from our farmers and those intending to go into farming.
It shall bring farmers and agriculture to the front line where they truly belong, it shall create jobs, empower the farmers with the basic modern tools required to excel in his field.
It is a contest with a difference that shall have what I call “agropretainment”; a blend of agriculture, entrepreneurship and entertainment.

Oando Posts N4.6bn PAT in H1, 2017

Mr.  Wale Tinubu, Group CEO, Oando Plc

Oando Plc, one of the Nigeria’s leading oil and gas companies, has declared a profit after tax (PAT) of N4.6 billion for the half year ended June 30, 2017, as against a loss of N26.9 billion in the corresponding period of 2016.
A review of Oando’s financials show that turnover increased by 26 per cent to N267.1 billion from N212.3 billion in 2016 while gross profit increased by 76per cent to N33.4 billion from N19 billion. Net finance costs reduced from N35.3 billion to N16.4 billion, leaving the firm with a PAT of N4.6 billion compared with a loss of N26.9 billion in H1 2016.

DIAMONDXTRA SEASON 9: DIAMOND BANK TO CREATE MORE WINNERS WITH XTRAORDINARY DRAWS

L – R: Ogochukwu Agu, Area Manager, Diamond Bank Plc; Ibe Afamefuna, Diamondxtra Season 9 Winner; and Adaku Uche-Obi, Branch Manager, Diamond Bank Plc at the Cheque presentation Ceremony to Diamondxtra Season 9 winners held in Diamond Bank, Tradefair Complex, Badagry Expressway Lagos recently.

A whopping N600 million has been set aside by Diamond Bank Plc to reward its loyal customers in the DiamondXtra Season 9 bonanza.
Activities planned for the season include extra ordinary draws that will produce 3164 lucky winners throughout Q3 2017.