Monday, 22 May 2017

Nigeria’s Changing Legal Landscape To Be Analysed In 2017 Report

  • Stillwaters Law Firm signs first-time MOU with Oxford Business Group for new publication

Nigeria’s far-reaching reform package, which includes further privatisation plans and new incentives for investors, will be a key focus in a report out soon by the global research and consultancy firm Oxford Business Group (OBG).

The Report: Nigeria 2017 will shine a spotlight on the country’s long-term strategy for boosting oil output, which will be steered by a major overhaul of the regulatory framework governing the sector.

Dentsu Aegis Network signs affiliation agreement with Outori Limited

One of the leading global advertising networks, Dentsu Aegis Network has strengthened its footprint in West Africa with the signing of Outori, one of Nigeria’s leading Brand and Marketing Communications Agencies, as its affiliate consumer experience agency in the market.

Dentsu Aegis Network Sub Saharan Africa (SSA) is part of the global media group that specialises in media, digital and creative communications and spans over Southern Africa, Nigeria, Ghana, Kenya and Tanzania with both owned businesses and affiliates and affiliate partnerships in another 32 markets across SSA.

Embracing Animation Technology Will Boost Nigeria’s Entertainment Industry - Minister

The Minister of Information and Culture, Alhaji Lai Mohammed, has made a strong pitch for Nigeria to embrace the growing Animation technology in order to benefit from what has become a $300-billion industry and which represents 25% of the global audiovisual market.

Addressing the opening ceremony of the 7th African Digital TV Development Seminar in Beijing, China, on Monday, the Minister said a developed animation industry in Nigeria will be a boost to the country’s already-established entertainm ent industry and make the country an outsourcing destination for global animation services.

Eko Disco Announces Five-days Planned Power Outage in Ikoyi, VI, Lagos Island

Eko Electricity Distribution Company (EKEDC) on Monday announced that there would be five days power outage within Ikoyi, Victoria Island and part of Lagos Island from May 24 to May 28.

The company’s General Manager, Corporate Communications, Mr Godwin Idemudia, said in a statement in Lagos that the outage was to enable the maintenance crew from the Transmission Company of Nigeria (TCN) to address technical issued at Alagbon transmission station.

Economic Outlook 2017: African Govts Challenged To Fully Integrate Entrepreneurship Into Industrialisation Strategies

African governments need to integrate entrepreneurship more fully into their industrialisation strategies, according to the African Economic Outlook (AEO) 2017 released Monday, May 22 at the African Development Bank Group’s 52nd Annual Meetings.

In 2016, Africa’s economic growth slowed down to 2.2% from 3.4% in 2015 due to low commodity prices, weak global recovery and adverse weather conditions, which impacted on agriculture production in some regions. However, it is expected to rebound to 3.4% in 2017 and 4.3% in 2018. This assumes that as commodity prices recover, the world economy will be strengthened and domestic macroeconomic reforms are entrenched.

Nigeria: Acting President, Osinbajo Issues Executive Order On Local Content

The Federal Government of Nigeria has signed an Executive Order compelling its agencies to buy Made-in-Nigeria goods and services – a move experts strongly believe will go a long way in boosting indigenous businesses and the local content drive in Nigeria.

The order signed by Acting President Yemi Osinbajo last Thursday focuses on the preference for indigenous goods and services as well as the removal of bureaucracies which stall businesses. TheExecutive Order as detailed in a document presented by Okechukwu Enelamah, minister of Industry, Trade and Investment, notes that all Ministries, Departments and Agencies (MDAs) of the Federal Government shall grant preference to local manufacturers of goods and service providers in their procurement processes for a number of items including food and beverages, motor vehicles, Information and Communication Technology (ICT) products, pharmaceuticals, construction materials, furniture and fittings, among others.

Study Shows SnapChat and Instagram Are Having Negative Impact On Youngsters

Instagram is the worst social media platform when it comes to affecting the mental health of young people, with Snapchat coming in at the second place, according to a recent study titled “Status of Mind”.

The study conducted by researchers for the Royal Society for Public Health in the UK appears to have found that Instagram and Snapchat are the worst social media site in terms of its impact on the mental health of young people.

Friday, 19 May 2017

Al Jazeera English Clinches Five Gold World Medals at New York Film Festivals

Al Jazeera Media Network won a total of five Gold World Medals, 14 Silver World Medals and seven Bronze Medals at the New York Film Festivals awards held recently.

Al Jazeera English won Broadcaster of the Year after the channel took home three Gold, 12 Silver, five Bronze and 10 finalist certificates.

Three of Al Jazeera English’s winning films were set in Africa, with Witness - Kisulu: The Climate Diaries, My Nigeria – Sandra Aguebor: Lady Mechanic, and Senegal: The Continuous Cycle of FGM, all of which scooped up Silver World Medals.

Nigeria: Budget 2017 Undergoing Prompt And Diligent Consideration – Laolu Akande

Nigeria’s Acting President Yemi Osinbajo has received the 2017 Appropriation Bill from the National Assembly, eight days after the bill was passed by the lawmakers.

Laolu Akande, special adviser on media and publicity to the acting president, said the document was handed over to Prof Osinbajo by the presidential aide in charge of Senate, Ita Enang and the “Appropriations bill now officially received in the acting president’s office and undergoing very prompt and diligent consideration.”

FrieslandCampina WAMCO Sustains Growth Despite Tough Economic Times

The shareholders of FrieslandCampina WAMCO have approved the Board of Directors' proposal of a total dividend pay-out of 75 percent of the Company’s profit after tax (PAT) for the year 2016, which is equivalent to N10.65 per N0.50 share.

L-R: Managing Director, FrieslandCampina WAMCO Nigeria PLC, Mr. Ben Langat; Chief Operating Officer, CPEMEA Royal FrieslandCampina, Mr. Roel van Neerbos; Chairman, FrieslandCampina WAMCO Nigeria PLC, Mr Jacobs Ajekigbe; Chairman, Supervisory Board, Royal FrieslandCampina, The Netherlands, Mr. Frans Keurentjes at the 44th Annual General Meeting of FrieslandCampina WAMCO Nigeria PLC in Lagos on Thursday, May 18, 2017.
This was inclusive of an interim dividend of N2.95 per N0.50 share paid in November 2016.

The shareholders gave the approval  at the 44th Annual General Meeting of the company on Thursday May 18, 2017, at the Muson Center, Onikan, Lagos.

Nobel Carpets Sponsors A Star In Heaven Movie Premiere

Lucky Fibre Limited, proud maker of Nobel Carpets and Rugs has further demonstrated itself as a brand for Nigerians by associating with the Nigerian movie industry, popularly referred to as Nollywood. Nobel Carpets and Rugs has announced its support for sponsoring the premiere of Nollywood’s new Blockbuster, A STAR IN HEAVEN starring Jim Iyke, Belinda Effah, Tatem Spearman and Deborah West.

Speaking on the sponsorship, The General Manager, Nobel Carpets and Floors, Mr. Jitesh Pamnani said that Lucky Fibres is delighted to be the sponsor of a movie that promotes culture and tourism through entertainment. “Nobel Carpets believes in engaging in Corporate Social initiatives that can promote the growth and development of the movie industry in the country as a way of enhancing local content, and engaging in activities such as this premiere is one of such ways”.

LBS strengthens, Announces New Hires

Lagos Business School is pleased to announce the addition of two seasoned experts to its faculty base: Dr. Oghenovo Obrimah and Marvel Ogah.
Dr. Ogheneovo Obrimah
Dr. Oghenovo Obrimah joins the Accounting, Finance and Economics department. Obrimah holds a Ph.D. in Business & Management, with a concentration in Finance and sub-specialisation in Economics from the RH Smith School of Business of the University of Maryland, College Park USA. He graduated with First Class Honors in Mathematics from the University of Ibadan, Nigeria in 1995. He was awarded a Pre-doctoral Fellowship in Economics at Yale University from 1999 to 2000, and has worked with PricewaterhouseCoopers LLC and First City Merchant Bank PLC.

Orange Begins Full Operation In Liberia, Reinforce Its Presence in West Africa

Orange, one of the world’s leading telecommunications operators, has launched its brand in Liberia. As from Thursday, Cellcom Liberia becomes Orange Liberia. The acquisition of the Liberian operator Cellcom ( was finalized by Orange, through its subsidiary Orange Côte d’Ivoire, on 6 April 2016, allowing the Group to reinforce its presence in West Africa.

In line with its Essentials2020 strategic plan, Orange has built up a considerable presence in this region, which offers strong growth potential and is a strategic priority for the Group’s development.

Wiltrend Services Receives Adoption By Nigeria-Worldbank Under Its MSME/Gem Project

World Bank in conjunction with the Nigerian Government has selected Wiltrend Professional Services Limited as MSME with potential for growth and ability to create massive employment in Nigeria.

Wiltrend Professional Services which recently won the World Bank BigPortal Program selection for Micro, Small and Medium Enterprises (MSME) is an indigenous IT firm with proven expertise in design, installation and management of integrated safety and security systems for domestic and industrial facility as well as general IT system supports.

Etihad Airways is a Winner at Middle East Call Centre Awards

Etihad Airways, the national carrier of the UAE, has tasted success at the INSIGHTS Middle East Call Centre Awards. The annual competition is now in its 12th year and sets the regional benchmark for remote customer interaction success.

The airline collected two prestigious awards at the ceremony held at The Crowne Plaza Hotel in Dubai on 16th May 2017. They were awarded with Best Large Call Centre for their three UAE Contact Centres and Call Centre Manager of the Year awarded to Ahmed Murshed, the Al Ain Contact Centre Manager.