Author: Newsjaunts
… Banks Indict CBN
The Ogun State Governor, Prince Dapo Abiodun, has approved the appointment of four new permanent secretaries into the state public service.The was announced in a statement signed by the state’s Head of Service (HOS), Mr. Kolawole Fagbohun on Tuesday.The new appointees are; Mrs Roseline Oluwatoyin Jacobs (Director, Administration and Supplies, Ministry of Special Duties and Inter Govermental Affairs); Mr Samuel Olugbenga Oyeleye (Director, Planning, Research and Statistics, Ministry of Information and Strategy); Mrs Kehinde Omobola Akinola (Director of Protocol, Bureau of Protocol and Ceremonies) and Mr Oladipo Foluke Ogunfowora (Director of Administration, Ogun State Television).According to the statement, the appointment…
MultiChoice, one of Africa’s major economic multipliers in the television sector has announced that through Africa Magic, it has successfully commissioned, produced, and acquired more than $85 million worth of local content over the last few years to create opportunities for young creators to earn a living from their work and for Africa to tell its authentic stories.However, this substantial investment is under threat from piracy. As content distribution has evolved to encompass various devices and platforms, content piracy has evolved in tandem. Producers, studios, and rights-holders now find themselves in a technology arms race against pirates, striving to develop…
PHD Media, a part of Omnicom Media Group, a global leader in marketing Communications, has set the stage for the unveiling of its ground-breaking proprietary media data tool dubbed ‘Ocular’ on Tuesday, 7th November 2023, at the Marriot Hotel, in Ikeja, Lagos.Expected at the launch where the Ocular potential impact demo will be done, are top business leaders, marketing communication industry eggheads, media owners, and other stakeholders.Ocular is powered by 2,800 daily respondents delivering real-time insights into consumer habits, and compliments the existing industry standard audience measurement tool, with a lot more on its offerings for optimum benefits, with unique…
… Nigeria has limited capacity to provide equity funding, grants, low-cost debt financing and patient capital for MSME
Tomiwa Olonisakin There are two ways providers of goods and services can respond to the near-apocalyptic economic conditions in which the country currently is. Well, there are three ways. First? Close shop. Hardly sensible. I doubt if businesses see this as an option until they just cannot go on. One of the more sensible is to, as input/operational costs soar, retain prices/implement marginal increases and lower the goods/services quality. This, of course, sparks discontent. It just lacks the action-hero energy that customarily attends upward price reviews. The makers of a famous sausage brand, as operational costs keep rising, have kept…
Undisputed WWE Universal Champion, Roman Reigns will face a fresh challenge from the charismatic LA Knight when the duo meet in the ring at Crown Jewel on Saturday. Catch all the action happening from Mrsool Park Stadium – Riyadh, Saudi Arabia live on GOtv at 6pm on Saturday. Roman Reigns has had a legendary reign as champion, having held the title for over 1000 days. He has defeated notable challengers such as Brock Lesnar, John Cena, Cody Rhodes, Kevin Owens, Drew McIntyre and many more. While LA Knight may not be the most fearsome challenger, his charisma has made him one of the fastest rising WWE superstars. It remains…
The city of Lagos is agog with enthusiasm as tech entrepreneurs and creative enthusiasts ignite their anticipation and excitement for the biggest tech ecosystem event in Africa – Art of Technology – scheduled to be held in December at the Landmark Event Center, Victoria Island, Lagos.Art of Technology Lagos (AOT) is an annual tech conference curated by the Eko Innovation Centre, and sponsored by the Lagos State Government – the economic and technology epicentre of Nigeria.Organizers of the event revealed that the fifth edition of the conference will dive into two crucial pillars that are shaping Lagos’s future: “The Creative…
LAGOS.3.11.2023. Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, an indication of business growth and customer confidence in the Bank. A review of the lender’s unaudited nine-month results released to the Nigerian Exchange Group Limited showed that the Bank continued to maintain its expansionary and customer-centric model with total loans and advances rising to N222.8 billion, even as interest and similar income stood at N33 billion, which underscores the Bank’s strategic focus to reinvigorate and sustain asset…
The attempt to paint itself as the offended by Dangote in a recent 7-page advertorial has been exposed by BUA Group in a press statement chronicling how since 1991, Dangote has done everything possible to ensure that BUA does not compete with it in any of the areas where they both undertake business.BUA in its response revealed how it started out as a commodity trading company and in 1991, Dangote approached it to buy products only to issue a bounced cheque which was rejected by Societe Generale Bank. Despite this, Dangote went to court to to secure an exparte order to…