Thursday, 22 February 2018

Nigerian Breweries Declares N33b Dividend For 2017

Jordi Borrut Bel, Managing Director/CEO, Nigerian Breweries

The Board of Directors of Nigerian Breweries Plc has announced its results for the 2017 operating year with a dividend recommendation of N33 billion to its shareholders. The recommendation, which amounts to a total dividend of N4.13 (four Naira thirteen kobo) per share for the 2017 operating year was part of the company’s filing to The Nigerian Stock Exchange on Thursday, 15th February 2018. The recommended dividend is inclusive of interim dividend of N8 billion, which is N1.00 (one naira only) per share earlier paid by the company in November 2017. 

In the company statement signed by the Company Secretary/Legal Adviser, Nigerian Breweries Plc, Mr. Uaboi Agbebaku, the Board also announced a N33 billion profit after tax (PAT) for 2017 on a revenue of N344 billion. This represents a 16% increase in Profit after tax from N28.4 billion in 2016 and a 10% growth in turnover from N313 billion in the corresponding period.  According to Mr. Agbebaku, “whilst the foreign exchange situation improved in the course of the year, double digit inflation continued to impact both businesses and consumers. Nevertheless, the company was able to end the year with improved results through continuous focus and execution of the twin agenda of cost leadership and market leadership supported by innovation”.  The Board maintained that whilst there are some early signs of improvement in the macro-economic condition, this is yet to be reflected in consumer confidence. The Board remains confident that the Company has a clear strategy to deliver good return on investment to Shareholders as part of its commitment to Winning with Nigeria.   

Glo Earns Commendation For Supporting Road Safety In Nigeria

L-R: Corps Marshal, Federal Road Safety Corps, Dr. Boboye Oyeyemi, Chief of Army Staff, Lt. Gen. Tukur Yusuf Buratai and Regional Head, North Central, Globacom, Ike Onuekwusi, at a ceremony marking the 30th anniversary of the FRSC, co-sponsored by Globacom in Abuja on Monday.
Nigerian foremost telecommunications company, Globacom, was on Monday night given an award of recognition for its contributions to road safety in the country over the years.

The award of recognition was formally presented to Globacom at a high profile dinner marking the climax of the activities put together to commemorate the 30th anniversary of the Federal Road Safety Commission (FRSC) at the Nigeria Airforce (NAF) Conference Centre and Suites in Abuja.

.    L-R: Cecilia Oluokun, Team Lead, Abuja, Globacom, Mansur Opakunle, Ag. National Coordinator, Public Sector Sales, Globacom, Chief Audu Ogbeh, Minister of Agriculture,  and Nefishetu Yesufu, Cluster Manager, North Central 1, at the end of an Open House interactive session marking the 30thanniversary of the FRSC, co-sponsored by Globacom in Abuja on Monday.

Presenting the award to Globacom’s Acting National Coordinator, Public Sector Sales, Mansur Opakunle and the company’s Regional Head, North Central, Ike Onuekwusi, the Secretary to the Government of the Federation (SGF), Boss Gida Mustapha, thanked Globacom for being a pillar of support to FRSC and consequently making the job of the Commission easier.

In an interactive session that preceded the dinner, the Corps Marshal of the FRSC, Dr. Boboye Oyeyemi formally recognised Globacom among the corporate bodies, which had lent their weight in support of the Commission in its bid to make the roads safe over the years.

Wednesday, 21 February 2018

FCMB Accelerates Mobile Bankingto Boost Customer Experience, Refreshes Its *329# Code

Leading financial services provider, First City Monument Bank (FCMB) Limited, has again enhanced the level of service delivery and experience for its customers by introducing a mobile banking solution through the use of a dedicated code, *329#. The offering is anchored on the Unstructured Supplementary Service Data (USSD) technology platform.

The self-service, stress-free and secured solution, which is available on all the Global System for Mobile (GSM) networks in Nigeria, (Globacom, MTN, 9Mobile and Airtel), enables existing and potential customers of FCMB carry-out various financial transactions, using their mobile phones. These include enrolment, funds transfer, account opening, micro loans and top-up, account balance enquiry, airtime and data purchase, bills payment, wallet deposit and withdrawal, sending of cash, withdrawal from agent’s outlet, limit increase ,among other value-added services, on the go and without any hurdles.
Adam Nuru, MD - FCMB
In a statement, FCMB explained that the *329# mobile banking solution forms part of the Bank’s core strategy to expand its service channels by promoting and deepening the Central Bank of Nigeria’s cashless and financial inclusion policies. The development will also go a long way to eliminate possible delays periodically experienced by physically visiting a branch of the Bank or outlet to carry-out transactions. In addition, the initiative will reinforce the lender’s commitment to environmental sustainability, geared towards reducing the quantity of paper and other materials usage in the society of which printing of various banking documents forms a substantial part of the process.

Legendary Evangelist Billy Graham, 99, Dies

The Rev. Billy Graham, the charismatic North Carolina pastor who took his evangelizing crusades around the country and the globe, died on Wednesday morning, according to officials of his organization. He was 99 years old.
Graham served as a counselor or minister to a dozen U.S. presidents, and he preached to an estimated 215 million people in 185 countries around the world during his life. His message reached millions more as he maintained a near-constant presence on radio, television and the internet.
He also wrote more than two dozen books, including his 1997 memoir, "Just as I Am," which was a New York Times bestseller.
n a tweet, President Donald Trump called Graham the "GREAT Billy Graham" and wrote, "There was nobody like him! He will be missed by Christians and all religions. A very special man."
Graham died just before 8 a.m. at his home in Montreat, North Carolina, surrounded by family, according to a spokesman for Samaritan's Purse, the nondenominational evangelical Christian organization headed by Graham's son Franklin.

PHOTOS: Davido Sold Out O2 Academy Alongside Wizkid

Pop star Davido continued with his winning streak in 2018 with by selling out the prestigious O2 Academy in the UK. The successful UK concert is a continuation of his 30 Billion World Tour - an extension of his World & African Tours last year, has touched 4 venues – Leicester, Dublin, Manchester and Birmingham. The pop rave performed many of his hit songs like “IF”, “Like That”, “FIA”, etc to the delight of the audience who were delighted by his stage craft. The climax of the concert was when he brought his once arch rival now one of his closest allies, Wizkid on stage and the both performed the hit song, “Manya” which left the 5,000 plus crowd screaming for more.