Thursday, 27 October 2016

A-Z Petroleum Reiterates Commitment to the Downstream Oil and Gas Sector

A-Z Petroleum, a key player in the downstream oil and gas industry and one of the 13 subsidiaries of Chicason Group has reiterated its commitment to the Nigerian downstream oil industry. The company which made its presence known at the just concluded Oil Trading and Logistics Expo where a wide range of their products were showcased, has promised its support for the sector to grow awareness and project the image of the industry.

The company also shared some of its experiences in the downstream sector like counterfeiting of petroleum products and fake lubricants being brought into the market. They however assured Nigerians that the view for the Nigerian downstream sector is looking very positive and hope that these issues will be addressed to create room for more manufacturing in the country.

L-R: Umunna Chukwuma, Quality Assurance Manager A-Z Petroleum, Dikanna Okafor, Executive Director Corporate Services A-Z Petroleum & Ameachi A. Chukwu, Head Marketing Research& Development,  A-Z Petroleum at the 10th Oil Trading and Logistics Expo in Lagos recently. Photo: A-Z Petroleum products Limited.
Speaking at the Expo, Dikanna Okafor Executive Director corporate services Chicason Group said;

’We constantly seek opportunities to reiterate our commitment in the industry and this is one event we are excited to have being part of. Every developed country is driven by industrialization and one thing common in industrialization is machineries that need lubricants to function effectively. As an economy grows, more cars will be on the roads and this would mean increased use of petroleum products which A-Z has ensured with its production of high quality lubricants and greases. Also, the minimal involvement of the Government in the downstream sector has led to efficiency and improved service delivery to customers’.

Emirates Aviation University introduces a new Executive MBA Programme

Dr Ahmad Al Ali, Vice Chancellor,
Emirates Aviation University
Emirates Aviation University on Thursday, October 27, announced the introduction of a new Executive MBA Programme in Aviation Management in collaboration with Coventry University in the UK. The specialised programme will begin in January 2017 and applications will now be accepted on EAU’s website.

The Executive MBA curriculum was designed for students who plan to pursue a career in aviation management or want to transition from an operational role into a general management role.

Professionals enrolled in the programme will benefit from the dynamic structure as the course is set to be delivered in both Dubai and the UK. As a growing aviation hub and home to one of the world’s fastest growing airlines, Dubai will be the ideal place for Aviation Management MBA students to learn about the industry.

 While in Dubai to study the first three modules, students will have the opportunity to visit and see first-hand the breadth of operations in aviation-relevant organisations such as Emirates, Dubai International Airport, Al Maktoum International Airport and dnata. In the UK, students will also have the opportunity for organised visits to a range of organisations within the aviation sector. All enrolled students will need to attend modules at both locations to complete the course.

SAP Launches Co-Innovation Lab in Africa

SAP announced the opening of Africa's first ever SAP Co-Innovation Lab (COIL). With a strong focus on collaboration, the lab offers a hands-on environment for SAP to innovate jointly with software solution partners, system integrators and technology partners on current and future technologies.

The aim of the lab is to increase competitive advantages, driven by greater efficiency and productivity on the African continent, with the ultimate goal to satisfy the demands of customers driven by digital transformation.

"Not only is innovation key to survival in today's economy," said Brett Parker, Managing Director of SAP Africa, "but the speed at which you are able to transform is becoming increasingly critical. Far too often, great ideas are lost. Consequently, businesses are looking for smarter, quicker and more efficient ways to innovate."

Gala Consolidates leadership with introduction of Gala Mega

  • Gala Keeps you going...
Leading manufacturer and marketer of tasty and satisfying convenience foods, UAC Foods Limited (UFL), has assured loyal consumers of its commitment to sustain its lasting legacy of superior quality. The assurance is the latest demonstration of the iconic brand’s desire to maintain its enviable culture of top quality that has lasted for over 50 years.

Speaking during a factory tour held recently in Lagos, General Manager, Marketing UAC Foods Limited, Ms. Joan Ihekwaba assured that Gala has and will continue to identify with the aspirations of Nigerians and their appetites for success. “Gala Sausage Roll is a household name which has being servicing Nigerians since 1962. UAC Foods over the years has fed Nigerians with the best of quality fast food across all stables. We have a heritage of quality behind our name and we are working hard to sustain and consistently live up to that name” she said.
L-R: Folasade Abiola, Senior Brand Manager, Snacks, UAC Foods Limited; Joan Ihekwaba, General Manager, Marketing, UAC Foods Limited; Abdulazeez Isiaka, Marketing Services Manager, UAC Foods Limited; Victoria Ewanlen, Quality Assurance Manager, UAC Foods Limited and Gentlemen of the press at the factory tour held at UAC Foods Limited.
The factory tour provided journalists the opportunity to have a firsthand assessment of the company’s facilities used in the production of Gala Sausage roll.  Commenting on the superior value offering of the brand, Ihekwaba added that “the brand is the first Sausage Roll in Nigeria to include micronutrients for the health and nutrition of its consumers. The product is enriched with vitamins and minerals such as zinc, iron, folic acid and iodine, as well as Vitamin B1 and B2. It is prepared from pure beef filling and rich pastry that are sourced in Nigeria”.

Heritage Bank Targets Youth With Skoolimpics

As part of its contributions to the development of sports in Nigeria as well as ensuring continuity between the older generation of athletes and the younger ones, Heritage Bank Plc, in partnership with the Lagos State government, is targeting the youth in its forthcoming signature sports event, the Skoolimpics project.

The event which is billed to take place between November 2nd and 4th at the Teslim Balogun Stadium and Rowe Park, will be bringing together, over 200 public and private secondary schools with about 6,000 students competing across all the local government areas in the state.

In his address at a media briefing in Lagos, Chief Executive Officer of Heritage Bank, Ifie Sekibo, who was ably represented by Mary Akpobome, an executive director of the bank, explained that Skoolimpics targets development of young people in order to foster their physical, social and emotional wellbeing. Physical education and sports, he said, help in character and community building, delinquency reduction, community safety, economic and social development.

Jumia Food to Guarantee On-Time Food Delivery

Jumia Food is launching a game changing innovation to further boost their customer experience. They have launched an on-time delivery guarantee for all Jumia Food App users, a first of its kind in Africa. Jumia Food is the largest online food delivery platform in Africa and has already introduced several innovations in recent years aimed at delivery efficiency, reach and easy user interface for their applications.

Expediting the delivery process while giving customers full information on their orders in real time is certainly revolutionary even by their standards.
Joe Falter, CEO, Jumia Food
The new feature is intended to fasten delivery process, increase convenience and add more transparency to the food ordering process. Jumia Food has mastered the art of food delivery through breaking down the whole process into a science, so as to satisfy the customers’ demand for food-on the go and shorter delivery times.

“Why I’m pulling out of EiE’s New Media Conference”

Here is a statement from the Managing Director of Black House Media, Ayeni Adekunle on his stance about EiE’s New Media Conference visitation.

I’ve followed with curious attention, the conversations surrounding the addition of a Nigerian celebrity Bobrisky to a panel on the new media Citizens, and governance conference which opened in Abuja yesterday.

Since the chief organizer Yemi Adamolekun called me yesterday morning to inform that an aide of President Buhari had pulled out, as well as an executive at a consulting firm. I’ve read the arguments for and against, listened to my colleagues and associates’ views, including Mr. Femi Falodun, the COO of ID Africa, who actually is on the same panel as Bobrisky. I even read the statement from one of the parties, dissociating themselves from the ‘sensationalized’ event.

Toyota recalls 5.8 million cars over airbag fault

Japanese auto giant Toyota Motor Corp on Wednesday said it was recalling a further 5.8 million cars sold across the globe over potentially faulty airbags made by components supplier Takata.

The company said in a statement in Tokyo, that the recalled cars included those used as replacement parts following a 2010 recall.

It said the recalled covered airbags installed in cars produced between May 2000 and November 2001, and April 2006 and December 2014.

Toyota’s latest recall includes the Corolla, one of the world’s best-selling models, and the Vitz or Yaris subcompact hatchback model.

NB Declares Interim Dividend, Posts Declined Profit in Q3

The Board of Directors of Nigerian Breweries Plc has announced an interim dividend of N7.929 billion, that is N1.00 (One Naira) per ordinary share of 50 kobo in the share capital of the Company for the 9 month period ended 30th September 2016. This is despite the marginal decline in the company’s profit for the period occasioned by the current challenging environment. This was revealed in a corporate filing of the company’s results at The Nigerian Stock Exchange.

The statement signed by its Company Secretary/Legal Adviser, Mr. Uaboi Agbebaku shows a 4 percent year-on-year rise in the revenue of the Company for the period ended September 30th 2016 but an 11% decline in Operating Profit. The unaudited and provisional results indicate that the company’s revenue rose from N214. 918 billion recorded at the end of September 2015 to N222.716 billion in the same period in 2016.

The statement attributes the 11% decline in Operating Profit of the Company which stood at N37.962 billion at the end of September 2016 from the N42.766 billion in the same period in 2015 to higher input costs as a result of rising inflation combined with the devaluation of the Naira. The negative impact of scarcity of foreign exchange combined with the Naira devaluation more than offset the lower interest costs resulting in a 94% increase in Net Finance Costs.

Militancy: MIIVOC Tasks Wike, Total On Dialogue

A Non-governmental Organisation, Media Initiative against Injustice, Violence and Corruption- MIIVOC has called on Rivers State Governor, Ezenwo Nyesom Wike to step in and resolve the difference between the Egi Community in Ogba Egbema Ndoni Local Government Area of the State and Total Oil Company in the area before it degenerates.

Executive Director of MIIVOC, Dr. Walter Duru, who made the call in a statement made available to newsmen, in Port Harcourt on Wednesday, warned that the lingering disagreement between the two parties could worsen the already threatened security situation in the area.
Governor Nyesom Wike
“I read in the papers recently where a group that identified itself as Egi Freedom Fighters gave conditions for acceptance of the state government’s amnesty. Among their demands are: the rebuilding of houses of members of the community, allegedly destroyed by the military at the instance of the Oil Company; employment and Scholarship opportunities, skills acquisition, capacity development, among others. I have not read any reaction from Total Oil Company, accepting that they sent the Military to destroy the people’s houses or denying it. It does not appear to me like a good strategy. Although they did not indict the state government, the government’s response so far could be better.”

Wednesday, 26 October 2016

TBWA\ Africa Kicks Its Focus On Disruption Up A Notch

“Only businesses with strong fundamentals, a consistent approach and gutsy resilience have been able to weather the particularly tough business environment in sub-Saharan Africa over the past 12 months, and they are going to have to maintain a robust constitution for the foreseeable future,” says TBWA’s Director of Africa Operations, Graham Cruikshanks.

Graham Cruikshanks
He says breaking through the negative sentiment of a difficult 2015 and 2016 has been challenging for all businesses in Africa, but TBWA’s decision to re-boot its proprietary Disruption tool across its Africa network in 2015 paid dividends. “The move saw offices transformed and processes modified. There is a palpable sense that Disruption is more deeply embedded throughout our business than ever before.”

And clients like what they are hearing. “The thinking that has emerged as a result of our renewed focus on Disruption has been a significant source of new business growth and resulted in reduced client attrition.”

Speaking ahead of TBWA\ Africa’s annual Africa Conference, Cruikshanks says the group intends to kick Disruption up a notch when it hosts its 2016 conference in Windhoek at the end of the month. “This is in line with TBWA\’s global 21st century ambition to use Disruption as the engine to drive growth by attracting 21st century brands.

FITS To Give Out Free Website Package To NGOs and SMEs

As part of its contribution to nation building, Flash I.T Solutions (FITS) has announced a non-profit contest for non-profit organizations and startups to win a free website package.

"We understand that a functional website is very important to non-profit organizations and startups. We are aware that these organizations sometimes run on a slim profit margin, so we want to help ease their burden. A functional website will boost their reach and can also help in attracting sponsors, building volunteers, and spreading the organization’s mission within the community, while helping SME startups to expand customer outreach and increase profit", FITS said in a statement.

  • Visit FITS website
  • Submit your organization’s mission, story and explain how a new website will help you achieve your goals 
  • Five entries will be picked and displayed on the Facebook page for votes
  • Inform all of your friends and families to vote for your entry.
  • The highest number of votes determines the winner.
  • Entries and votes are subject to the rules of the contest. Please read the rules carefully.

Agriculture Entrepreneur from Madagascar wins $25,000 2016 Anzisha Grand Prize for African Youth Entrepreneurship

African Leadership Academy and The MasterCard Foundation are pleased to announce Heritiaina Randriamananatahina, 22 year old agriculture entrepreneur from Madagascar, as this year’s winner of the $25,000 Grand Prize in the sixth annual edition of Africa’s premier award for youth entrepreneurship.

Heritiaina is the founder of Fiombonana, an agro-processing enterprise that manufactures dairy products and confectioneries using only Malagasy raw materials, employing farmers and providing local job opportunities.

Heritiaina was selected from a competitive pool of diverse entrepreneurs from all over Africa. For the first time ever, Anzisha Prize is pleased to award one of the top prizes to a finalist from Madagascar, creating a truly pan-African network of entrepreneurs who represent Africa’s best youth entrepreneurs.

This year, Anzisha Prize celebrates increased representation of winners from francophone countries. The first runner-up was environmental entrepreneur Yaye Souadou Fall, 21, from Senegal (who will receive $15,000) while agricultural entrepreneur N’guessan Koffi Jacques Olivier, 19, from Cote d’Ivoire was the second runner-up (and will receive $12,500).

The presence of two agriculture entrepreneurs in the top three is emblematic of the important role agriculture plays in Africa’s economies. Agriculture represented the sector with the largest share of applicants for the prize this year. The Agriculture Sector Prize was also claimed by N’guessan Koffi Jacques Olivier who demonstrated the potential for agriculture to create jobs for youth.

Apple's annual sales drop for first time in 15 years

On Tuesday, Apple announced that annual sales fell to $216 billion in the 2016 fiscal year ending Sept. 30, the company's first annual sales fall since 2001, the year the iPod was introduced.

Apple had a record $234 billion in sales in 2015. According to CNN Money reports, the tech giant largest source of revenue is the iPhone. Only 45.5 million were sold in the September quarter, down from 48 million during the same time in 2015.

The company says it is projecting it will have sales of $76 to $78 billion in the upcoming quarter, up from $74.8 billion last year.

Kaduna Secondary School Students Get Empowered at Total Job Shadow

Total Nigeria Plc partnered with Kasher Consulting to organise the third edition of “Total Job Shadow”, which took place on October 12, 2016 at the Kaduna Blending Plant and Kaduna Sales Office simultaneously.

It is an employee engagement activity designed to increase career awareness among senior secondary school students and to help model students' behavior through examples set by employees who serve as their mentors.  Through the experience at the Job Shadow, the link between classroom learning and practical workplace requirements is re-enforced in the students.

Representing Total Nigeria Plc’s Managing Director, Mr. Jean Philippe-Torres, the Corporate Affairs Manager, Mr. Albert Mabuyaku facilitating a leadership workshop for students of Kaduna state’s Government Day Secondary School Makera, Government Day Secondary School Kakuri and Queen Amina College, Kakuri during Total Job Shadow Event on October 12, 2016
A total of thirty students from the following secondary schools participated in the program: Government day Secondary School Makera, Government day Secondary School Kakuri and Queen Amina College, Kakuri.                   

Representing the Managing Director, Mr. Jean Philippe-Torres, the Corporate Affairs Manager, Mr. Albert Mabuyaku facilitated a leadership workshop to educate the students on how to become exceptional leaders. Other key features of the day's activities included pairing students with employees to enable them experience firsthand the employee's work environment, occupational skills in practice and potential career options, facility tour of the blending plant by Kaduna Plant Manager, Mr. Daniel Chukwu as well as a field trip to Total service stations organised by the Retail Sales Manager (Kaduna), Mr. A. J. Jimoh.