Archive for Business

Nigeria grants three-year tax reliefs to new TSTV

New pay Television operator, TStv Africa, has been granted three-year tax relief by the federal government.

The newly inaugurated television was also granted tax free dividends to all investors in the company.

The Minister of Information and Culture, Alhaji Lai Mohammed, announced incentives on Sunday night in Abuja at a dinner to mark the official unveiling of the new company.

The News Agency of Nigeria (NAN) reports TStv Africa is a wholly owned by Nigerian Pay TV operator with refined offerings of novel Unclassified Pay Per View subscription and complimentary internet services. Read more

7 DAYS TO GO: @sobcaonline Platform Launch » September 4th, 2017 #SOBCAonline

What is SOBCA?

Yesterday when we announced our official countdown to the public unveiling of SOBCAonline, and having enjoyed a very tremendous support from friends and loved ones, several feedback was the question “WHAT IS SOBCA?”

It is an honour to be the face of emotional and mental healing. For almost a decade now, we have built capacity to provide resources and solutions to persons who are dealing with difficult personal problems.

We help men, women, children, teenagers, business persons and corporate organizations to resolve challenges including abuse, drugs, traumas, pains, losses, uncertainties that come with daily living and economic bottlenecks.

SOBCA stands for “Sam Obafemi Behavioural Change Academy”. This is the first regular institution in Africa where you can learn how to govern your emotions using tools of Anger Management, Emotional Intelligence, Fear Mastery, Cultural Intelligence, Emotional Agility, Core Behavioural Therapy and Mental Health First Aid. Read more

8 DAYS TO GO: @sobcaonline Platform Launch » September 4th, 2017 #SOBCAonline

MY RESPONSE TO LIFE.

In November 2010, I achieved certification in Life Coaching and followed it with another in Anger Management on October 8th, 2011. After this, I became certified in Emotional Intelligence in March 2012.

Ever since, I have worked with, through and for well more than 5,000 individuals (and in groups).

My work in several cities of Nigeria including Lagos, Abuja, Jos, Uyo, Taraba, Kaduna, Sokoto, Kebbi, Kano, Ogun, Oyo, Osun, Port Harcourt, Niger, just to mention a few, has groomed me to understand THE NIGERIAN VERSION to behaviours and conduct.

That is why when we resumed formal academy courses in March 2016, majority of our content and illustrations were LOCAL. We have created local materials for local applications.

BUT THERE WAS A CHALLENGE.

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Whistleblower policy a successful initiative– Adeosun

The Minister of Finance, Mrs Kemi Adeosun, says the whistleblower policy of the Federal Government is one of the current administration’s successful initiatives.

She said this on Tuesday in Abuja at a seminar organised by the Bureau of Public Service Reforms (BPSR) on “The Whistleblower Policy and its Implication for Public Servants’’.

The Whistleblower Policy was introduced in December 2016 by the Federal Government as part of the initiatives to wage war against corruption.

According to Adeosun, as at July, over 5,000 reports have been made through various reporting channels, 365 actionable tips are received out of the 5000 reports.

She said that over half of the reports  came from public servants.

The minister said the tips related to issues of contract inflation, ghost workers, illegal recruitment and misappropriation of funds.

Others according to her, include illegal sale of government assets, diversion of revenues and violation of Treasury Single Account (TSA) regulations.

The minister also said that the information received showed that certain types of tips were recurring. Read more

NSE market value rises by N84bn

The Nigerian stock market on Tuesday maintained a bullish trend with the market capitalisation growing by N84 billion, lifted by gains from cement, breweries and beverages stocks.

The News Agency of Nigeria (NAN) reports that the market capitalisation grew by N84 billion or 0.71 per cent to close at N11.887 trillion as against N11.803 trillion achieved on Monday.

Similarly, the All-Share Index rose to two-year of 34,375.60, appreciating by 240.50 points or 0.70 per cent compared to 34,135.10 recorded on Monday.

Julius Berger recorded the highest price gain to lead the gainers’ pack, increasing by N4.04 to close at N43.84 per share.

Dangote Cement followed with a gain of N3.97 to close at N213.97 and Nigerian Breweries garnered N3 to close at N168 per share.

Nestle also increased by N3 to close at N910, while International Breweries added N2.30 to close at N30.65 per share. Read more

GTBank Launches GTPatriot, a subsidized banking package for Nigeria’s Military and Paramilitary Personnel

Guaranty Trust Bank plc, has launched GTPATRIOT, a unique Salary Account Package which offers Nigeria’s servicemen and servicewomen subsidized banking products and dedicated value added services. The GTPatriot Account allows serving members of the Military and Paramilitary institutions to open accounts with zero minimum balance whilst offering reduced Current Account maintenance fees and access to loans at reduced interest rates, amongst other value added services.

With the introduction of the GTPatriot Account, the bank will expand and deepen its relationship with another core segment of the society in line with its goal of enriching the lives of all customers and the communities in which it operates. Read more

FIRS generates N778bn in first quarter 2017

The Federal Inland Revenue Service (FIRS) says it generated N778.19 billion revenue in the first quarter of 2017.

This is according to a progress report by the FIRS sent to the Federal Ministry of Finance, and obtained by the News Agency of Nigeria (NAN) on Tuesday in Abuja.

The report, which showed the revenue performance for the first quarter of 2017, gave a breakdown of money collected.

According to the report, the FIRS collected N338.3 billion as Petroleum Profit Tax between January and March, as against the N176.7 billion collected in the period under review in 2016.

Similarly, Value Added Tax (VAT) revenue increased from N198.7 billion in first quarter of 2016, to N221.37 billion in first quarter of 2017. Read more

Emirates wins Best Airline worldwide at the 2017 Business Traveller Awards

Emirates were recognised yesterday with four accolades at the ?Business Traveller Middle East 2017 Awards.

At a ceremony attended by key travel industry executives, Emirates was crowned “Best Airline Worldwide”. It was also named “Airline with the Best First Class”, “Airline with the Best First Class Lounge” and “Best Frequent Flyer Programme”.

At the 2017 Business Travellers Awards, Emirates was crowned “Best Airline Worldwide”. It was also named “Airline with the Best First Class”, “Airline with the Best First Class Lounge” and “Best Frequent Flyer Programme

Adel Al Redha, Emirates’ Executive Vice President and Chief Operations Officer, said: “Our customers are at the heart of our brand. In every step of the customer’s journey, we thoroughly and regularly examine the product to achieve a high level of customer care. Providing a truly memorable experience is about continually innovating across our product and offering a personal touch and a warm welcome. Moreover, our Skywards accolade solidifies the programme’s standing as an industry-leading loyalty programme that offers Emirates customers value through exceptional privileges and benefits. We are honoured to be recognised for our efforts by Business Traveller Middle East’s readers. Read more

Air Peace makes maiden flight to Sokoto

Gov. Aminu Tambuwal of Sokoto state on Wednesday, inaugurated the Air Peace Airline Lagos-Abuja-Sokoto route.

The inaugural flight arrived the Sultan Abubakar III International Airport, Sokoto 12.43p.m, with Boeing 737-300 aircraft carrying 136 passengers on board.

Tambuwal was represented at the occasion by the Secretary to the State Government, Prof. Bashir Garba.

The governor described the airline as one of the,” best, safest and reliable” in Nigeria and remained debt-free, adding that the inclusion of the Sokoto route would be very rewarding for the airline.

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Enroll for an online FREE course at SFL Academy: Liberty in Africa

African Students For Liberty partnered with six libertarian and classical liberal organizations throughout Africa to produce this online course addressing the history, principles, and policy implications of liberty in Africa.
Topics include: Socialism & African Culture, Colonialism, Rule of Law, Free Trade, Cronyism, Overcriminalization, Property Rights, Economic Growth, Toleration, and Entrepreneurship.


You can sign up at: http://www.sflacademy.org/enrol/index.php?id=4

Say Hello 2017, with special fares from Emirates

Airline is offering special fares from Nigeria i.e. Lagos to select destinations around the world

Emirates is offering Nigerian travellers special Economy Class and Business Class return airfares to a range of exciting destinations across its global network.

Those wanting to visit family or friends, or see and experience a new and exciting destination, can take advantage of this limited time offer by booking between 9th January and 18th January 2017. Travel must take place between 16thJanuary and 15th June 2017. Further terms and conditions apply.

Economy Class fares from Lagos to Dubai for example start from USD800, to Beirut from USD776 and to Manchester from USD911, while return Business Class fares to Dubai starts from USD2,896, to Beirut from USD2887 and to Manchester from USD2993. Read more

Introducing Zignature #WeLoveZignature #TryZignature

About Zignature

Zignature is an awesome online platform that allows users to create bespoke & unique email signatures that promotes their businesses & brands with just a few clicks.


How it Works

You can create stunning attractive email signatures (like mine) with just a few clicks by signing up and selecting from our wide range of templates and generate your own custom email signatures with your photos, company logo, social media channels and even promotional ad banners with minutes.

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Ambode, Bagudu launch LAKE RICE in Lagos

… 50kg bag for N12,000; 25kg for N6,000; 10kg for N2,500
…This is a historic moment for Lagos, Kebbi, says Lagos Gov

Lagos State Governor, Mr. Akinwunmi Ambode and his Kebbi State counterpart, Alhaji Atiku Bagudu on Wednesday launched the much anticipated Lagos-Kebbi Rice christened LAKE RICE, saying that the partnership which culminated into the launch was not only designed to ensure food security but showcase the ability of Nigeria to become a producing nation.

Speaking at the launching ceremony held at Lagos House in Ikeja, Governor Ambode said the development was a great and historic moment for both states and Nigeria, as the rice would not only be sold at highly reduced price, compared to what obtains in the market, but is also very fresh and safe for consumption.

“Today is an historic day for Lagos and Kebbi States. In March 2016, we signed an MOU with an understanding that we, being proudly Nigeria, we want to come out with what is made in Nigeria and what is good in Nigeria. We took all that President Muhammadu Buhari said that we need to grow our food and we decided that we will prove a point and that is what today is all about.

“LAKE RICE is of good quality. The major difference between LAKE RICE and the ones imported is that the imported has a minimum storage of five to six years storage life span, but LAKE RICE is fresh,” the Governor said. Read more

Total Nigeria PLC bags best customer service award

On October 14, 2016 Total Nigeria Plc was recognized by the Nigerian Customer Service Awards as the Best Customer Service Company in the Nigerian Oil &Gas sector for the third time in a row. The company had previously won this award in year 2014 and 2015.

Adesua Adewole (General Manager, Sales and Marketing) and Maxence Bourgoing (Network Development Manager)

Adesua Adewole (General Manager, Sales and Marketing) and Maxence Bourgoing (Network Development Manager)

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Top New York fashion buyer, Bijou Abiola to speak at GTBank fashion weekend

masterclass-bijou_abiola-gtbankBijou Abiola is a successful Fashion Buyer who is known for bringing the best of apparel to retail stores in the USA. She has worked directly with several top brands and designers such as Donna Karan, Ralph Lauren, Miss Selfridge and BCBG. On the 12th and 13th of November, Bijou Abiola will be at the GTBank Fashion Weekend to discuss the myths and facts behind stocking internationally and how indigenous brands can break into the global scene.

Pictures: Emirates at FADAN 2016 run way in Abuja

ek-sales-manager-winner-of-raffle-draw-fadan-president-and-fadan-ambassador

Emirates Sales Manager ,Sales & Commercial, Mr Eghe Ekhator; CEO Modela Courture, Mr Adebayo Adegbe; FADAN President, Mrs Funmi Ladipo; and FADAN Ambassador/CEO Tiannah Styling, Mrs Toyin Lawani, at the presentation of an Emirates Business Class to the winner of the raffle draw

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Emirates Sales Manager ,Sales & Commercial, Mr Eghe Ekhator; making a presentation of an Emirates Business Class to the winner of the raffle draw , CEO Modela Courture, Mr Adebayo Adegbe

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Why is GTBank organizing a Fashion Event, and Why Should I Attend?

The GTBank Fashion Weekend may seem novel for a financial institution, but it is part of the bank’s long history of supporting the local fashion industry.

Guaranty Trust Bank plc, last week announced the debut of the GTBank Fashion Weekend, set to hold on the 12th and 13th of November 2016, at the GTCentre, Oniru, Victoria Island. With the bank being the first financial institution to pioneer such initiative, it is important to understand its motive for organizing such an event and necessary to know what guests will gain from attending.

 

gtbank-fashion-weekend-2016
Why is GTBank Organizing a Fashion Weekend?

Perhaps the short answer is: To promote enterprise in the SME sector of the Fashion industry. The not-so-short answer would begin with the fact that GTBank actually has an extensive footprint in fashion that goes back several years. The bank has sponsored two of the country’s leading fashion events, The Arise Fashion Week and The Lagos Fashion and Design Week, for a combined period of five years. The bank has also contributed significantly to raising the international profile of African fashion through collaborations including the Ndani Installation at Selfridges and the “Double Club” Collaboration with PRADA.

The GTBank Fashion Weekend is thus an extension of the bank’s long tradition of supporting the local fashion industry and African fashion in general. However Read more

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