Category: Brand week

  • FirstBank, PayPal partner on summer travels

    FirstBank of Nigeria is banking on its new partnership with PayPal to make life easier for its customers who will travel during this summer.

    The bank hopes that the travellers through it can pay and get paid globally and seamlessly.

    “Now we finally have an online payment solution accepted all over the world, courtesy of a new strategic partnership between First Bank of Nigeria and PayPal,” the bank said.

    Banking on PayPal’s over 148 million accounts in 26 currencies spread over 203 markets around the world and its strategic advantage in Nigeria as a leading Nigerian commercial bank with over 750 branches across Nigeria with cards accepted in over 200 countries and on millions of POS terminals and ATMs around the world, the brand managers of the bank believe “the arrival of PayPal in Nigeria allows PayPal connect Nigerians to merchants from Asia, North America, Europe and beyond. So, finally, we can do online transactions on almost every site (since PayPal is a popular global online payment platform anyway), however, PayPal accounts have a transaction limit of about $250 until the account is verified. This is where FirstBank comes in!”

    The Chief Executive Officer,  FirstBank, Bisi Onasanya, said at the launch of the Paypal e-commerce Payment Solution, that the bank is driven by the quest to provide the best financial services possible to its customers. He is optimistic that this venture with Paypal would make far-reaching impact on the lives of the bank’s customers in particular and the entire people of Nigeria in general.

    According to him, it is necessary at this time of accelerating e-commerce evolution in Nigeria and it is equally noteworthy, that it is in sync with FirstBank’s enhanced service solutions for its SME, e-business, mobile banking and online banking customers.

    “First Bank is celebrating 120 years of doing business in Nigeria,” explained Onasanya. “Ours has been a continuously exciting journey highlighted by a remarkable and enduring legacy of unparalleled development and sustainability. We are indeed proud to have built a heritage brand easily recognisable for its dependability, dynamism, stability, longevity and innovation.”

    He also explained that FirstBank has established diverse operations in the financial services industry, with over 750 widespread service outlets, enabling its emergence as the foremost financial services provider in Nigeria.

    “I am, especially, delighted that our subsidiaries, within and outside the country, are making enormous contributions to the growth and development of their national economies, to the delight of all our stakeholders.

    “In expanding our scope in the e-commerce and money transfer subsector, we have carefully identified PayPal due to its pedigree and robust success, achieved since inception 12 years ago, as a major consumer-to-consumer remittance company worthy of our partnership,” he said.

    He further said the pedigree of Paypal, one of the world’s leading e-commerce payment platforms, has developed a fast, reliable and secure system, with expansive global operations. In the rapidly globalising world, an e-commerce payment solution requires the energising competitive environment presented by a rapidly growing company like PayPal, with quite impressive growth statistics, enabling its customers to send, receive, and hold funds globally, he added.

    Also, PayPal’s Regional Director for Africa and Israel, Efi Dahan, also said: “Millions of Nigerians already shop on websites in the US, UK or China, but many find their cards are rejected or have concerns about entering their credit card details on the website of a seller based overseas. PayPal is used by hundreds of millions of people around the world to make international payments because PayPal payments are trusted by international retailers and we don’t share your financial details with anyone.

    “This exclusive partnership with FirstBank is a major milestone in PayPal’s Africa growth story and we hope to make more announcements together in the future as our partnership develops,”Dahan said.

     

  • Social influence of angel investors  

    You do not get the opportunity to meet angels every day. If you meet an angel, and she is ready to invest in your dream, to save you stress of sourcing fund, count your lucky stars. Angel investors are still at the nascent in Nigeria.

    However, in Europe, angel investment is well established and the practice has taken roots. Venture capitalists lurk around; angels are invisible, until recently.

    For instance, a start-up in Nigeria, now one of the leading card companies, came to market on the magic carpet of angel seed. Angel seed have sustained its position long before the big money venture capitalists dived-in. Angel seed is like the moist and sunshine a nursery plant required to keep alive before the raining season.

    Angels were useful to this particular company at its nascent

    While the venture capitalists (such as Microsoft, Facebook, Apple etc, which have bought some thriving companies and take them to the next level) are useful, I equally acknowledge the place of the angel investors in the value chain. Without the angels to incubate the startups, the tier one venture capitalists would have nothing to gain. They would have nothing to build upon.

    Dotun Sulaiman, Tomi Davies and Collins Onuegbu, all members of Lagos Angel Network (LAN), are the new face of angel investment in Nigeria. As Onuegbu told me, venture capitalists only go to where the “money can be made”.

    Angels build dreams. Venture capitalists reap the harvest. LAN will be at the next Demo Africa in Lagos to help startups realise their dreams at the event.

    One other aspect of angels is that they provide financial backing for startups in exchange for equity. The capital angles offer can be a one-time injection of seed money or ongoing support to carry the startup through difficult times. If you have a dream and you need an angle for support, attend Demo Africa 2015. If you need funding, one of these angels can introduce you to a colleague or friend. The connections can prove useful.

    Besides, at Demo Africa, angels would offer startups contacts of strategic partners, advice and counsel, credibility by being associated with the investor, potential customers, employees, lawyers, banks and accountants. Startups would get contact of investment bankers and knowledge of the marketplace from the angels.

    Angels, who are mostly affluent individuals, play an important role in launching the future major companies of the world. Research has shown that every major technology company started with the help of angels.

    This means that majority of local companies such as Systemspecs, PFS, Arit of Africa, Upperlink and MTN have all benefitted from angels’ touch. Likewise, the foreign giants such as like Twitter, Square and Alibaba.com have drank water with disposable cups of the angels before drinking with gold goblets.

    However, startups have gained sincere handholding from angels at past Demo Africa. This tradition continues at the next edition. For startups and their dreams, it is not about the money. It is not about the equity.

    It is about the mentoring, which would prepare them for the next big leap. That is the social influence of angels. After all, you do not see an angel every day.

  • MTN, CMS to promote SMEs  

    MTN, CMS to promote SMEs  

    MTN Nigeria has unveiled a new partnership with Connect Marketing Services (CMS) to improve access to technology and understanding of how it can enhance business productivity among small and medium scale enterprises (SMEs).

    While the partnership is aimed at taking their businesses to greater heights, MTN said the deal with CMS would enhance business growth as it hosts the maiden edition of Tech+ 2015.

    According to the Telco, the Tech+ 2015 is an innovative technology conference and exhibition that will feature high-tech demonstrations of the latest digital products and services along with hands-on practical workshops facilitated by renowned IT experts.

    The two-day event with the theme Leadership in Digital Technology is scheduled to hold at the prestigious Eko Hotel and Suites, Lagos, on July 24 and 25, this year.

    Speaking at the press conference, the General Manager, Consumer Marketing, MTN Nigeria, Mr. Richard Iweanoge, said the event would not only showcase the latest technology but would also be an avenue for participating individuals, businesses and top brands across Nigeria to understand the potential of the emerging digital technologies. Particularly, businesses would have the opportunity of interacting with business solutions that would drive their businesses whil providing value for their customers, he added.

    According to Iweanoge, “Technology is shaping the world of business. Enterprise teams now collaborate face-to-face without the need to travel. With all their business information in the Cloud, SMEs can transact business from anywhere in the world with ease. As a leading telecommunication company, with great drive for enhancing and empowering business enterprises in Nigeria and across Africa, we are proud to be associated with these developments,” he added.

    Further justifying the importance of the conference to brands and businesses across Nigeria, Iweanoge said “Tech+ is providing a platform and an ecosystem that promotes cutting edge technologies through education, practice, and innovation in the African Market. The global impact of technology across all areas of human endeavour has made it more imperative that people stay in touch with the world around them to be able to identify with technological advancements that could reshape their world” Iweanoge said.

    Guests expected at the first-of-its-kind-event include: SMEs, IT experts, Manufacturers, Entrepreneurs, and consumers.

    Meanwhile, the Chief Executive Officer, CMS, Mr. Tunji Adeyinka, said speakers at the event include: Mr. Jim Mckelvey, Cofounder and Director, Square; Nicolas Martin, CEO, Jumia Africa; Wael Fakharany, Regional Business Lead Google X, West Africa; and Mr. Abiola Olaniyan, Chief Executive Officer, Gamsole.

  • Better days back for teachers?

    Better days back for teachers?

    Nigerian Breweries PLC appears to have rekindled the hope of many teachers, with its N50 million social marketing investment through Maltina Teacher of the Year Award. But how far can it go in promoting excellence in the educational sector, knowing that Cadbury-Schweppes stopped its cause-marketing investment on Bournvita Teachers’ Awards, which it started in 2002? ADEDEJI ADEMIGBUJI writes.

    The new corporate social investment by Nigerian Breweries Plc, for the promotion of excellence among teachers, is long overdue. The last of such social marketing investment was by Cadbury-Schweppes, which, for over six years, sponored the Bournvita Teachers Award.

    The Cadbury, which perhaps Nigerian Breweries is taking a cue from, rewarded many teachers with training abroad, among other prizes, hence, sparking the spirit of competition among teachers across the country. But since the beverage giant suspended the social marketing investment, many teachers wondered why the multinational brand had to stop what marketing experts had described as a case study in the marketing communication industry.

    While Cadbury-Schweppes established the Bournvita Teachers’ Awards in 2002, to promote and celebrate excellence in teaching, award-winning teachers received computer, cash prizes, Cadbury products, and an award certificate, among other, motivational materials, to enhance the chain reaction of such excellence on pupils and students.

    The awards received great acclaim from teachers while it lasted. With positive media reviews and endorsement, the corporate social investment, no doubt, enhanced the brand reputation of Cadbury and also deepened its penetration among teachers who are influencers in the chain of consumer decision process.

    However, since the programme was suspended without any reason from the sponsor of the project, no brand thought of investing their marketing fund on such cause; perhaps, as a result of the huge investment and efforts in enhance a 360 degree marketing campaign for the cause.

    ”Such project requires so much marketing budget and the effort that goes into enhancing participation across the federation is huge,” a Public Relations expert, who worked with Freddie Scot & Associates, the PR agency that managed the campaign, told The Nation.

    However, a new brand in the beverage sector and a top marketing spender, Nigerian Breweries, has announced plans to splash over N50 million corporate social investments on teachers, in a renewed effort to promote excellence among teachers. Using one of its premium Ready-To-Drink (RTD) brand, Maltina, as the platform to deepen the campaign across 36 states, where the Maltina brand is an household name, the initiative, called “The Maltina Teacher-of-the-Year,” is being funded under the Nigerian Breweries-Felix Ohiwerei Education Trust Fund.

    Established as non-for-profit organisation in 1994, foundation through its pool of social marketing funds has driven some of NB’s corporate social responsibility projects in other sectors for sometime but now finds its appalling that the educational sector is in a dire state, hence taken a step further to assist government in alleviating the problems in the sector by instituting “Maltina Teacher-of-the-Year Award” initiative.

    Ohiwerei is the first indigenous Chairman of the leading beverage conglomerate which has been operating in the country since 1946. The Trust Fund started operation with a seed capital of N100 million, to contribute to the development of educational sector in the country. Over the years, the company has used the fund to assist over 20,000 students, built 250 classrooms and 22 libraries in both primary and secondary schools across 49 communities in the country.

    Speaking to reporters in Lagos, the Corporate Affairs Adviser of NB, Mr. Kufre Ekanem, said from the social investment, CSR project estimated at N50million as prizes and incentives yearly to reward innovation, commitment and diligence to duty by outstanding teachers across the country. He added that the award which, the Nigerian Breweries-Felix Ohiwerei Education Trust Fund is sponsoring on the platform of his company’s premium ready-to-drink (RTD) malt drink brand, Maltina is aimed at restoring the pride of teachers and the dignity of the teaching profession.

    Ekanem stated further that the Maltina Teacher-of-the-Year Award initiative is designed to recognie, celebrate and motivate teachers in Nigeria, with a first year focus on secondary schools. “We hope that through this initiative, we can inspire this nation to accord our teachers their deserved credit and bring back respect to the teaching profession in Nigeria,” Ekanem said, adding that the objective of the award is to create an avenue where exceptional teachers will be showcased and rewarded yearly and continuously.

    He explained how the Maltina Teacher-of-the-Year Award project will be executed, the qualification for entry requirements, and a little expose on judging criteria. According to him, collection of application forms has since opened on Wednesday, May 20, 2015 when NB kicked off the project.

    He disclosed further that collection and submission of entry forms for the award will last till Tuesday, June 30, 2015. He said hard copies of entry forms for the award can be obtained from designated collection and submission points as contained in the Maltina Teacher-of-the-Year Award initiative’s flyers, posters and other below-the-line (BTL) advertising materials being circulated across the country. For those who are unable to lay their hands on the hard copies, he advised such interested teachers to download the application forms from the Maltina website, www.maltina-nigeria.com, complete the application and upload to the site or return a printed copy of a completed entry form and submit them via the company’s post office mail box.

    Ekanem affirmed that all applications will be subjected to an intense selection and judging process by an external and independent panel of judges which has been constituted to ensure transparency, credibility and objectivity of the exercise. The five-step evaluation process of the entries received, he noted, will result in 37 state and FCT champions, from among which 37 state champions will emerge from which the Maltina Teacher- of- the- Year will emerge.

    The state champions and national winners will be celebrated at a grand ceremony on Monday, October 5, this year, a day set aside by the United Nations to mark the World Teachers Day.

    According to Ekanem, while first runners up and winners state levels will be rewarded with N500,000 and N750,000, 10 winners from the states who will be shortlisted for the grand finale will also get addition N750,000 each for advancing to the final stage.

    The national winner (who emerged the Maltina Teacher-of-the-Year Award) will get N1 million while another N1 million will be paid into his/her account yearly for five years. The Teacher of the Year will also be sent abroad for training.

    The first runner-up will take home N1 million, while the second runner-up gets N750, 000.  Winners from the 36 states and the Federal Capital Territory, (FCT) will be given N500,000 each. The school that produces the national winner will also become a beneficiary of infrastructural development projects.

    The award has generated an unprecedented interest from teachers across the country. Reports from collation centres across the country indicate that hundreds of secondary school teachers are enthusiastically submitting entries for the coveted award.

    The CSR/Sustainability Manager, NB, Emete Tonukari, said the social investment is aimed at promoting excellence in the sector.

    Beyond the investment on teachers, the yearly teachers’award is expected to also leverage Maltina brand exposure, especially with the  endorsement it received from the Federal Ministry of Education.

    Speaking during the visit of Nigerian Breweries Plc’s management team to the Ministry in Abuja recently, the Permanent Secretary of the Ministry,  Dr. MacJohn Nwaobiala said the Ministry is happy with NB for initiating such social marketing project.

    “We commend Nigerian Breweries for introducing Maltina Teacher of Year, a reward programme that seeks to recognise, reward and train teachers. It is our hope that this effort by Nigerian Breweries will encourage other corporate organisations to identify and support the Ministry’s programmes geared towards development of the education sector in Nigeria,” he said.

    Nwaobiala, who welcomed the Nigerian Breweries Management team led by Ekanem to the Ministry as part of sensitisation for the Maltina Teacher of the Year project, added: “The Maltina Teacher of the Year programme because it aligns perfectly with our vision to bring back the glory days when teaching was a respectable profession and people took pride in teaching. We all must join hands to bring dignity and prestige to teachers if we want to see improvement in our education system.”

    He pledged the Ministry’s support to ensure the success of the programme. He called on teachers nationwide to take advantage of the Maltina Teacher of Year to improve their career.

    While the aim of the project is understandable, experts believe Maltina, a premium brand from the staple of Nigerian Breweries will enjoy massive exposure for as long as the brewer sustains the project.

  • Advert: Skye Bank rekindles hope with Ice Prince

    Advert: Skye Bank rekindles hope with Ice Prince

    Every advert by a commercial enterprise is not often aimed at increasing patronage. But through their storylines, it can be  understood that some of the businesses around still care, despite their desperation to stay ahead of competition.

    In a latest TV and radio commercial, Skye Bank Plc is selling a dream beyond its products, featuring a popular musician Ice Prince whose story epitomise ‘Grass to Grace”.

    The bank in its new campaign tagged: ‘The Skye is Big Enough’ explores Ice Prince’s humble beginning and his obstinacy in turning the challenge to opportunities to drive home the campaign theme ‘The Sky is Big Enough’ as a form of inspiration to its customers.

    The Client Service Director, Centerspread, the agency that produced the creative, Mr. Nwamba Claude, said the concept of the commercial is borne out of deep research, as the bank wants a paradigm shift of people’s mindset so that they see the bank as one that stands by them and has the youth at heart.

    According to him, “We used areas that could relate to the youths such as fashion, sports, music and a lot more in the commercial. We realised that people like Ice Prince had similar story to that of Skye Bank, which is a bank that comes into the life of someone and make his or her dreams become reality.”

    The Executive Director, Corporate Services, Skye Bank, Mrs. Abimbola Izu, explained that the campaign is borne out of what the bank is, its rich heritage and the bright future the bank is drawing its customers and potential customers into.

    She noted that the rebranding of the bank would involve a lot of financial implications, adding that the investment would be worth every kobo, as it is geared towards making the bank a better value proposition for its customers.

    “The investment will endear us more to our customers and help us offer better value to our customers. We have completely trained very skilled workforce to deliver on the service promises that we are holding out to our customers,” Izu said.

    She disclosed that Skye Bank now has a contact centre for its customers and the opportunity here is to be able to take feedback from customers on areas the bank needs to improve on.

    On his partnership with the bank, Panshak Zamani, a Nigerian hip hop recording artist, better known by his stage name as Ice Prince, said he felt honoured to be associated with the campaign.

    He explained that in telling the story of the bank, he is also telling his story, thereby making people understand that there is actually nothing impossible to achieve.

     

  • MasterCard renews UEFA Champions League sponsorship

    MasterCard has extended its long-standing UEFA Champions League sponsorship for the next three seasons through to 2018.

    The renewal includes sponsorship of the UEFA Super Cup, UEFA Women’s Champions League final and the UEFA Youth League finals. The agreement will also see MasterCard continue as the Official Provider of UEFA Champions League player mascots.

    Few weeks ago, the brand welcomed three kids Abba Ahmed, Jordan Ubah and Jamiu Babatunde, who were sponsored to the UEFA champion’s league finals in Berlin at the olympiastadion as player’s mascots.

    Vice President and Business Head MasterCard Africa Omokehinde ojomuyide said MasterCard Goal Celebration contest had hundreds of entries.

    However, with the renewal of its sponsorship, the Chief Marketing Officer of MasterCard, Raja Rajamannar, said MasterCard brand was excited to renew its deal in the UEFA Champions League.

  • ACTV launches first Cam-Card for Smart TVs

    African Cable Television (ACTV), the latest entrant into the Pay TV market in Nigeria, is ready to break into the market, despite stiff competition in closing the gap between a dominant player and market followers.

    With the brand’s promise of innovation and affordability to the low-end market, ACTV has launched the first CAM-Card for satellite Smart TVs, a few months after it introduced the first card-less HD/PVR decoder.

    The Conditional Access Module (CAM) Card is an electronic device which equips an integrated digital television, popularly called satellite Smart TVs, which has the ability to capture and view satellite video channels directly without the need for a set-top box or decoder as it is popularly known.

    ACTV in order to bring this product to as many Nigerians as possible has entered into a partnership with LG has sold 5,000 of the product already in just a few months, the brand managers said.

    The pay TV Vice President and Chief Operating Officer (COO), Mr. Joseph Chitanta, explained that globally new ways of delivering quality video contents were being deployed and Nigeria cannot be left out.

  • South African Wines returns with tasting

    The Wines of South Africa (WOSA) grand tasting is returning to Nigeria. It will hold at the Federal Palace Hotel, Victoria Island, Lagos on Saturday, July 18, 2015.

    This event coincides with the Nelson Mandela Day. It is opened to those who are 18 and above, and is designed to showcase quality wines from over 25 wine producers and over 200 wine brands from different regions in the Cape Wineland of South Africa.

    Guests are expected to trade, taste and attend the exclusive South Africa Wine course. According to the organisers, “the wine course will be led by Wine Advisor, Brad Coetzer, from renowned education company, Beverage Intelligence.

    The course is opened to only Trade businesses such as importers, distributors, hotels F& B managers, retailers, portfolio managers, gourmet and brand reporters and general food and beverage service provider”.

    The yearly event is established as a platform that delivers an up-market audience in a very prestigious environment. It aims to create awareness for the South African category in the Nigerian market; the 12th largest importer of packaged wine from South Africa and the third biggest among African countries.

    The Managing Director, Spronks Creations Ltd, Aderonke Sobodu, the organisers, said some of the finest South African wines would be on parade as WOSA would showcase wines from the leading family owned Wine Estates in South Africa, such as Ken Forrester, Paul Cluver, MAN Vintners, DGB, Noble Hills Estate, Rainbow End wine Estate, Robinson & Sinclair, Tamasa wines, Vondeling and Jordan, among others.

  • Airtel, UNICEF invest in social marketing

    UNITED Nations Children Education Fund (UNICEF) and Airtel Nigeria have entered an agreement  to deepen their social cause marketing investment in communities across the country.

    The deal allows UNICEF to tap into Airtel’s mobile services to make health, education, child protection and community-focused content available to Airtel customers across the country.

    Accordingly, the partnership is expected to increase access to social change related information and provide opportunities for participation whilst pushing forward U-Report, an innovative project supported by UNICEF.

    U-Report, an innovative SMS-based platform, empowers Nigerians to participate and engage in policy-making and governance and to access real time information on key social issues.

    The platform, which was launched in Nigeria in April, has over 400,000 registered users, making Nigeria the leading U-Report platform globally, among 16 other countries.

    The Chief Executive Officer/Managing Director, Airtel Nigeria, Segun Ogunsanya, said the company is committed to empowering Nigerians and is keen on supporting programmes that will enrich the lives of its various stakeholders.

    The UNICEF Representative in Nigeria, Jean Gough, said UNICEF is committed to providing innovative solutions towards better delivery of services and social change.

    He said the partnership can empower millions of Nigerians through access to information and  opportunities to help them transform their societies.

  • CIMA offers 50% discount to students

    The Chartered Institute of Management Accountants (CIMA) has launched a special offer of 50 per cent  discount on its registration fee for Masters of Business Administration (MBA) and Masters of Science (MSc) in Accounting holders.

    According to the institute, the offer, which closes July 31, allows Nigerians with the relevant degrees to extend the global reach of their career by obtaining the Chartered Global Management Accountant (CGMA) designation.

    This designation for management accountants is recognised the world over as the most relevant finance qualification for business and is powered by the expertise and resources of CIMA and American Institute of Certified Public Accountants (AICPA).

    CIMA Country Manager, Ijeoma Anadozie, said: “Our mission as an organisation is to help people and businesses succeed and we see this as the way to make CIMA more accessible to a greater number of business, finance and accounting graduates and professionals. Anyone with a relevant degree will benefit from a carefully defined exemptions policy that will allow a student to start CIMA studies at the right point and progress more quickly through the qualification.”

    She said CIMA’s accelerated route has been extended to chartered accountants, MSc in Accounting and MBA holders in Nigeria.

    The route, according to her, grants 12 exemptions out of 17 papers, leaving applicants just five papers to write after the initial assessment.

    Successful candidates are also awarded the CIMA Advanced Diploma in Management Accounting, entitling them to use of the professional letters CIMA and Dip MA.