2020 Pitchers Award: Noah’s Ark Emerges Agency of the Year and Digital Agency of the Year

Nigeria’s multiple award-winning creative marketing communications powerhouse, Noah’s Ark Communications Limited, has re-enacted its winning streak once again as it recently shone brilliantly by winning the Agency of the Year and Digital Agency of the Year at the prestigious 2020 Pitcher’s Award held in Lagos.

Samsung Set August 5 for Galaxy Unpacked 2020 ...to unveil Note 20, Fold Models

Samsung has announced its 2020 Galaxy Unpacked event set to take place on August 5, where the company is speculated to announce its new Galaxy Note 20 and Galaxy Fold models.

Meet the New Deputy Managing Directors for UBA Nigeria, Africa

United Bank for Africa Plc (UBA) has announced the appointments of Ayoku Liadi and Oliver Alawuba as Deputy Managing Directors in charge of UBA’s Nigeria and Africa businesses, respectively.

Nigeria Develops, Unveils Domestic COVID-19 Diagnostic Kit 'RNASwift'

An indigenous rapid testing kit has been developed by Nigerian scientists for the identification of SARS-Cov-2, which causes COVID-19. The Federal Government of Nigeria launched the diagnostic kit, RNASwift, for the identification of coronavirus’ causal agent on Thursday, June 9, 2020.

Canon EOS R5 and EOS R6: unrivalled performance, endless creativity

Canon today announces EOS R5 and EOS R6, two advanced full-frame mirrorless camera additions to the revolutionary EOS R System built on the future-proof RF Mount. The pro-level EOS R5 delivers 45-megapixel stills at up to 20fps1 and is the first full-frame mirrorless ever to record 8K RAW up to 29.97fps internally and 4K to 120p.

JayJay Okocha, Toke Makinwa & Chef Fregz Join LineUp for Mastercard Virtual Events

Mastercard has partnered with Nigeria’s popular media personality, Toke Makinwa, African football and Super Eagles’ legend, Austin ‘JayJay’ Okocha, and celebrity chef, Chef Fregz, to offer cardholders in Nigeria unique experiences for their at-home enjoyment.

Money Market Rates Remain Stressed As Local Banks Queue Up For Liquidity From The CBN

KEY INDICATORS                                                                                                                     

Indicator	Value	Commentary
Inflation	12.40%	As at May 2020. A 6bps increase from 12.34% recorded in April 2020
MPR	12.50%	As at the May 28, 2020 MPC Meeting, 100bps cut from 13.50%
External Reserves	$36.15bp	As at Jul 06, 2020. A c.0% change from $36.15bp on Jul 03, 2020
Brent Crude	$43.21pb	As at Jul 08, 2020. A c.0.26% increase from $43.10pb on Jul 07, 2020

FGN Bonds

The FGN bonds space continued its tales of halves, bullish at the head while the belly and the tail remained bearish. We saw yield compressed by an average of c.46bps at the short-end of the curve D/D as the 2023s remained the highest winner amongst these papers mostly bided at 4.10% levels with few offers available to match.  On the other hand of the curve, we noted more offers for 2049s and 2050s which started the day at 10.85% but weakened by 5pts to close the day offered at 10.90%. The mid- and long-end of the curve remained flat, with a slight uptick on the 2037s maturity expanding by c.3bps by the business close.

HP Introduces New Multifunctional Printers for Nigerian Families

...Model offers more options at low-costs

HP Inc. has introduced new printing devices for home use for its consumers in Nigeria, and around the world. They include the Deskjet 2300, Deskjet 2700, Deskjet Plus 4100, DeskJet Plus Ink Advantage 6000 and DeskJet Plus Ink Advantage 6400. The new multi-functional products are designed specifically for today's families who keep an active lifestyle whilst effectively combining work, study and entertainment.

Global experts call for a radical health policy shift in post COVID-19 Africa

Global health experts and practitioners at a policy webinar hosted by the African Development Institute (ADI) called for a “Marshall Plan on Inclusive Health in Africa.” 

BCW Shines at the Provoke 2020 EMEA SABRE Awards

BCW (Burson Cohn & Wolfe), a leading global communications agency, today announced it was honoured with six awards at PRovoke’s 2020 EMEA SABRE Awards virtual ceremony held yesterday, including BCW Nordics being named Nordics Consultancy of the Year. The EMEA SABRE Awards recognize superior achievement in branding, reputation and engagement.

Vodacom Nigeria Appoints Valentine Chime As New MD

Vodacom Business (Nigeria) Limited has appointed Valentine Chime as the Managing Director of its operations. Mr Chime will now drive the company’s vision of becoming Africa’s leading cloud and digital service provider.

BUA Cement set to establish Ultramodern 3million Cement Plant, 50mw Power Plant in Adamawa

BUA Cement, One of West Africa’s largest Cement companies has announced that it is set to establish a three million metric tonnes cement plant and 50 megawatts power plant in Guyuk and Lamurde local governments of Adamawa state in the North Easter region of Nigeria. This was revealed when the Chairman of BUA, Abdul Samad Rabiu led the BUA Cement Management team on a courtesy call to the Adamawa State Governor, Ahmadu Umaru Fintiri in the Government House, Yola.

MTN Sponsors Freestyle UNLOCKED Africa 2020

Feet ‘N’ Tricks International, the organisers of the Freestyle UNLOCKED Africa 2020 has announced MTN as the headline sponsor for the fourth annual games kicking off on Monday, July 1, 2020.