Global leading media buying agency, OMD, has once again proved to be an indomitable force as the company garnered more awards than any other agency network in its category at the recent 2016 Young Lions Media global competition held in Cannes, France. The agency clinched a total of 63 medals across many different categories in…
A report contained in the just-released 2015 Mediafacts disclosed that the Nigerian print media attracted a total of N23.7 billion revenue from advertising in 2015; representing a drop of N2.1 billion compared to N25.8 billion it recorded in 2014. Mediafacts is a key media resource for marketing professionals in West and Central Africa produced annually…
It was a day of double honours for foremost African financial institution, Guaranty Trust Bank Plc as the Bank reaffirmed its position as a leading global brand. At the 2016 Euromoney Awards held in London on Wednesday, July 6, 2016 at the prestigious Tower of London, GTBank was recognised as the ‘Best Bank in…
Global Credit Ratings, GCR, an international rating agency at the weekend, affirmed Sterling Bank Plc’s national long term and short term ratings of BBB(NG) and A3(NG) respectively, with the outlook accorded as stable. This rating which is valid until July 2017 comes after another global ratings agency, Moody’s Investors Service, affirmed the Bank’s local and…
Despite the harsh operating environment and strict regulatory framework which calls for caution in the financial industry, Diamond Bank has reaffirm its commitment to quality service delivery, sustenance of strong fundamentals and stable profitability for its shareholders. In a press release made available to the media, the Bank stated that keeping in view with the…
According to a recently-released report by Mediafacts, the telecommunications sector retained its lead position as the highest advertiser in Nigeria in 2015 with a combined total expenditure of N16.7 billion. Mediafacts is a key media resource for marketing professionals in West and Central Africa. The report, produced annually by mediaReach OMD, a specialist media company…
Managing Director/Chief Executive Officer of Heritage Bank Plc, Ifie Sekibo has identified “character” as the success factor for the 1,500 youths participating in the Central Bank of Nigeria (CBN) N3billion Youth Innovative Entrepreneurship Development Programme (YIEDP). Speaking at the official flag off of the training programme of the first batch of beneficiaries of the youth…
Nigeria’s advertising industry recorded media spend of N97.9 billion in 2015 against the N93.1 billion recorded in 2014; representing an increase of 5.2 per cent. This information is contained in the just-released 2015 Mediafacts, a key media resource for marketing professionals in West and Central Africa. According to the publication, produced annually by mediaReach OMD,…
In its continued effort to create and preserve wealth and curb unemployment among youths, Heritage Bank Plc in partnership with the Centre for Values in Leadership, CVL, has graduated 100 young entrepreneurs in the CVL Young Entrepreneurship Training Programme, YETP, in Ajegunle, Lagos. The CVL is aimed at identifying young people, especially youths in densely…
Reports making the rounds have it that the Central Bank of Nigeria, CBN, is planning to dissolve the Board and Management of Skye Bank Nigeria. With this, the apex bank will partially take over the affairs of the bank, which has been trying to rebrand lately. As at the time of filing in this report,…