Nimbus announces N20m for startups

Out-of-home advertising service provider, Nimbus Media Ltd, has announced the return of its Nimbus Aid Project.

This is as the company is also celebrating ten years in business.

The project according to Nimbus, is a corporate social responsibility effort in which the company gives back to the community by offering eligible startups and SMEs one month of free advertising on its digital advertising boards.

Since its inception in 2016, the Nimbus Aid Project has supported businesses and non-governmental organisations (NGOs) that demonstrate a dedication to educating, enabling, and empowering their communities to make the world a better place.

A Director at Nimbus, Mrs Victoria Oluwaniyi said: “Ten businesses will receive a month of free exposure worth N2,000,000 each on Nimbus’ digital screens as our way of supporting their growth.” She added that the emphasis would be on pre-seed startups and women-owned businesses.

“For the last decade, Nimbus has been at the forefront of providing innovative outdoor advertising solutions to businesses with footprints in Nigeria. It has also demonstrated its dedication to its clients and African businesses by continually delivering innovative advertising solutions that improve its clients’ reach, visibility, and engagement.”

The CEO/Managing Director Olawale Adegoke said: “This year marks a significant milestone for Nimbus Media Ltd

“We have stayed true to our vision of supporting African businesses to achieve maximum reach and impact over the past decade. We have also expanded our reach across the country and developed meaningful partnerships with clients, partners, and the advertising industry. We continue to thrive because of their dedication and loyalty, ” he said.

Chairman of Nimbus Media Ltd, Babs Fagade while speaking on new challenges within the global advertising industry said: “They dictate that now is a unique time to forge and implement the innovations that will lead the outdoor advertising industry into the future.

“It is widely predicted that we have yet to see the last of these disruptions, digital or otherwise, and Nimbus is committed to leading the industry to grow in this regard.”

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