For the fourth time in five years, Omnicom Media Group, OMG, the media services division of Omnicom Group Inc. has won a total of 15 awards at the annual Cannes Festival of Creativity held in Cannes, France. The organisers said the media agency holding company coasted home the medals through its agencies, OMD and PHD.…
Category: Business
New Twist In Ecobank Vs Honeywell Case As Bank Appeals Justice Dagat’s Ruling
Ecobank Nigeria Limited has appealed a ruling by Justice Jude Dagat of the Federal High Court in Lagos striking out its winding-up petition against Honeywell Group Limited and its sister company Anchorage Leisures Limited. Justice Dagat delivered the ruling on Monday on the basis that Ecobank’s suit was an abuse of court process. But, Ecobank,…
Alleged Debt Suit: Court Orders Parties To Await Judgement Filed In Earlier Suit
Justice Jude Dagat of a Lagos Federal High Court, on Monday, stopped a winding up petition filed by Ecobank Plc, against Oba Otudeko’s three companies, over alleged unpaid N5.5 billion loan. In his ruling, the judge said it would be premature to entertain winding up application against the respondents, saying that when a judge is…
Elumelu Urges Students To Embrace Entrepreneurship Early
Students should start early to have an entrepreneurial mind-set; that way, they open up other options for gainful employment when they are ready to join the job market, says Tony Elumelu, Chairman Heirs Holdings, UBA Plc and Founder of the Tony Elumelu Foundation (TEF). In an inspiring speech, which he gave to students at the…
UBA Unveils New PayAttitude Tag
United Bank of Africa, UBA, has refreshed its PayAttitude tag design with the introduction of a new branded tag. The new tag which reflects the brand identity of UBA replaces the former tags being issued. Customers of the bank can continue to enjoy 100% success on their POS transactions with UBA PayAttitude, the effective contactless…
Donald Duke Leads Experts To Discuss Bear & Culture
Against the background of its commitment to increasing basic knowledge that will correct wrong perceptions about beer, Nigerian Breweries Plc is set to host the third Nigerian Beer Symposium in Lagos. The one-day symposium which comes up on Thursday, June 30, 2016 at Eko Hotel and Suites, Victoria Island, Lagos has as its theme: “Beer…
Sahara Group Boosts Cancer War With N120m
Leading energy conglomerate, Sahara Group, has donated N120 million towards the cause of acquiring Mobile Cancer Centres, MCC, to combat cancer in Nigeria. The MCC is a clinic on wheels with state-of-the-art facilities for screening, follow-up and treatment including surgeries for pre-cancer and early cancer cases. The centre also offers screening for 10 cancer-related killer…
Naira Plunges In Free Float Against US Dollar
The Naira plunged against the US dollar on Monday after Nigeria’s government scrapped its fixed exchange rate and allowed market forces to determine the currency’s value. “Trading started at 9:00 am (0800 GMT) this morning. All the 24 commercial banks are participating. The offer is 249 to 265 naira to the dollar,” one forex trader…
CBN New Flexible FX Regime Kicks Off
The newly introduced flexible exchange rate policy by the Central Bank of Nigeria, CBN, which will allow market forces to fix rate for Naira has commenced on Monday, June 20, 2016. The new regime was introduced last Wednesday by the government and from what Aproko247 gathered, the Naira is changing in the region of 270…
Best Ice Cream Shops In Victoria Island, Lagos
It may be cold and rainy, but all you want is to indulge in is a cone or bowl of sweet ice-cream. With dozens of unbelievable ice-cream shops in Victoria Island, Lagos, you can enjoy a fresh cup of frozen goodness if you know the right places to go. Whether you’re looking for an indulgent…