The Nation Newspaper

Tag: bonus

  • Nigerian Enamelware doles out 12.67m bonus shares

    Nigerian Enamelware doles out 12.67m bonus shares

    Nigerian Enamelware Plc has distributed 12.672 million ordinary shares of 50 kobo each as bonus shares to its shareholders, proportionately increasing the shareholdings of shareholders without any cash payment.

    The bonus shares were issued by the company by capitalising its reserves, drawing about N6.34 million from its retained earnings to pay for the newly issued shares.

    The bonus shares were distributed to shareholders for one new ordinary share for every five ordinary shares held by each shareholder.

    The additional shares have been listed at the Nigerian Stock Exchange (NSE), thus increasing total outstanding shares of the company to 76.032 million ordinary shares of 50 kobo each.

  • Airtel offers 100% value of recharge as bonus

    Airtel Nigeria, has announced additional benefits on its SmartConnect package, offering 100 per cent value of a customer’s recharge as extra data in addition to the 8 times instant bonus customers get on every recharge.

    With the new SmartConnect package, Airtel customers will receive bonus data that is commensurate to the total value of their recharge at the end of a calendar month and also get eight times the value of every recharge, instantly, any time they recharge their lines.

    Airtel’s SmartConnect, which is nicknamed ‘Ovajara x8’, is the default prepaid plan specifically designed for new customers on the network.

    According to the telco, the revamped package is conceived to empower more consumers to stay connected with friends, family members and business associates, also offering them an amazing mobile internet experience as they engage the larger world.

    Its Chief Commercial Officer, Ahmad Mokhles, said Airtel is committed to creating value offerings that will enrich and transform the lives of Nigerians, noting that the SmartConnect value offering is practical and relevant just as it is designed to suit the lifestyle of telecoms consumers.

    “With the revamped SmartConnect package, Airtel is putting power in the hands of telecoms consumers so that they can do much more, achieve much more and actualise their dreams,” Mokhles said.

    With SmartConnect 4.0, when a customer buys a new subscriber idenity module (SIM), registers and inserts it in a device, he/she begins to enjoy the ‘Ovajara’ 8 times bonus and in addition gets the total value of his recharge as data bonus by end of the month.

    For instance, if a customer recharges with N200, he/she gets N200 in his main account and receives a bonus of N500 for voice calls, N500 for data, with an additional N200 airtime to call family & friends, and an extra bonus of N200 for social (WhatsApp, Twitter, Facebook and BBM), which makes a total of N1600 airtime on every N200 recharge. As additional benefit, the customer then receives data bonus worth N200 at the end of the month.

    8 time bonus.

    Customers can dial *126*PIN# to recharge and dial*123# to check account balance.

  • Glo subscribers get New Year data bonus

    Glo subscribers get New Year data bonus

    Data subscribers on Globacom network will now enjoysix and nine gigabytes of data for only N3,000 and N4,000 subscriptions respectively. Both offers come with an access period of one month.

    Globacom’s Regional Chief Marketing Officer, Mr. Ashok Israni, said just like the Twin Bash, the new offers are gifts to loyal subscribers for keeping faith with the network and to encourage them to browse more even after the Christmas season.

    ”We know that our subscribers must have spent a lot of money during the yuletide season.  As the New Year begins, we are giving more for less to our valued subscribers to keep them connected on the internet,” Israni said.

    To start enjoying the new bumper data offers, Israni explained that all the subscriber needs  to do is to dial *777# and follow the interactive SMS prompt.

    He enthused that the Glo Bumper Offer is unique not only for its extra 1.5GB but also for its super fast data capacity.

    ”The jumbo data offers ride on Globacom’s huge data infrastructure backed by the high capacity Glo 1 submarine cable. The facility provides much faster and more robust connectivity for voice, data and video.”

  • Ogun pays Dec salary, bonus

    Ogun pays Dec salary, bonus

    The Ogun State government has announced the payment of December salary and a 10 per cent bonus to workers.

    Secretary to the State Government (SSG)  Taiwo Adeoluwa said the payment was to ensure that civil servants celebrate the Yuletide without financial stress.

    The payment was effected not only for civil servants but also local government, judicial service commission and government agencies’ workers.

     

  • Bonus for principals, others

    It was cheering news for principals and directors of the Lagos State Ministry of Education when the Head of Service, Mrs Oluseyi Williams, announced a 15 per cent bonus on top of their December salaries last Friday.

    Mrs Williams announced the bonus at a party and award programme in honour of principals of public secondary schools and directors in the ministry, which held at the Grandeur Event Centre, Oregun, Ikeja.

    She said the money was ready to be remitted into their accounts, adding that the state was ahead of many others in the country in timely payment of salaries.

    “Government is appreciative of what you are doing.  Continue to put in your best.  Our December salary will be out any moment from now and it is coming with a bonus of 15 per cent.  This is coming at a time when some other states owe up to three months; some are still looking for November salary,” she said.

    Permanent Secretary, Ministry of Education, Mrs Omolara Erogbogbo, thanked the principals for working hard during the year to achieve the state’s educational objectives. She urged them to continue in the same way.

    “The Ministry of Education cannot exist without teachers and principals.  As you take care of those children committed to your care, God will take care of your children; you will find favour.  We encourage you to do more and to be appreciative of what we have done.  We know it is not yet uhuru, but we will get there,” she said.

    Other dignitaries, who spoke at the event, included Mr Wahab Alawiye-King, Chairman, House Committee on Education; Prof Abisogun Leigh, former Vice-Chancellor, Lagos State University (LASU), the NUT Chairman, Comrade Segun Raheem, and the President, All Nigerian Confederation of Principals of Secondary School (ANCOPSS) Lagos State Chapter, Mrs Omotunde Lawson.

    Prof Leigh, who chaired the occasion, congratulated Mrs Oladunjoye for her achievements in managing the ministry.  He said it was different from the time he served as Commissioner for Education in 1978.

    “You have done so well so far and I pray that God will continue to direct the ministry under the leadership of Mrs Oladunjoye.  Precisely in 1978 I was holding that position and I can see the development that has taken place,” he said.

    Plaques were presented to outstanding principals and directors in the six education districts, Otunba Ayobade Obajimi, former Tutor-General/Permanent Secretary, Education District IV, and Sir Kessington Adebutu,were given awards  for his support to the education sector. Also awarded was Mrs A. Jemerigbe, Director-General, Nigerian Employers’ Consultative Association (NECA).

    Oladunjoye and Erogbogbo were also presented with awards.

  • NFF to receive additional N56m FIFA World Cup bonus

    NFF to receive additional N56m FIFA World Cup bonus

    Nigeria Football Federation (NFF) is to receive additional $300,000 (about N56m) from World football governing body, FIFA from 2014 World Cup revenues.

    This is in addition to the $9 million (about N1.7bn) accruing to the Super Eagles for reaching the last 16 at the Brazil 2014 World Cup.

    FIFA said the payment which is meant for each of its 209 member federations, will help cover “the costs of qualification for the 2018 FIFA World Cup.”

    The payments follow FIFA President Sepp Blatter’s promise in June that each member will get a $750,000 bonus.

    The world football authority banked more than $4 billion from commercial deals linked to the tournament.

    The bonuses would be paid equally to South American nations playing 18 qualifying matches and teams in other confederations set to be eliminated after just two matches.

    In 2014 World Cup qualifying, four of FIFA’s then-208 members did not enter and two later withdrew.

    FIFA said payments must be approved by audit committee chairman Domenico Scala.

  • MTN’s bonus airtime to VTU customers

    MTN’s bonus airtime to VTU customers

    MTN said it is offering more value to its subscribers who use the MTN Virtual Top Up (VTU) service, adding that it is giving up to 100 per cent bonus on True Talk and Smooth Talk Plus after every recharge, for as low as N5 up to N200, between 00:30am and 1:59pm daily from Monday to Sunday.

    It explained in a statement that its VTU is a convenient service that enables customers to remotely top up airtime on their mobile phones from any part of the world and enjoy multiple services by dialling *555*PIN# or *888*PIN#.

    The bonus reward is available to customers for the following denominations: N5, N10, N20, N50, N100 and N200. It rewards customers with 100 percent bonus airtime immediately the main account is credited through the use of the MTN VTU 100 percent bonus recharge platform. Subscribers can then enjoy voice calls, SMS and data activities for as low as 40k per second on the bonus airtime while the regular tariff still applies for calls made from the main account.

    Its Sales & Distribution’s Executive, Omatsola Barrow, said: “Giving 100 per cent bonus on every VTU recharge is a way of appreciating our customers for making use of the service, while giving them even more value for money. With the additional bonus airtime, subscribers can make more calls, send SMS and do more data activities at no additional cost to them.”

    Subscribers must however exhaust the airtime in the main account before enjoying the benefits of the bonus account. They will also be unable to perform Share N Sell (Share N Sell is a service that enables a customer dispense airtime credit on his phone to five other beneficiaries of his choice) on both the main and bonus accounts.

    Its Corporate Services Executive, Akinwale Goodluck said: “We have pledged to continue to enrich the lives of our subscribers by providing them with a robust bouquet of innovative products and services, which is why we are rewarding our customers with 100 per cent bonus of the face value of every VTU recharge within the stipulated hours. We will continue to seek new ways of adding value to the lives of our customers.”

  • Dangote Cement to distributors: expect quality service, bonus

    Dangote Cement to distributors: expect quality service, bonus

    Dangote Cement Plc yesterday promised its distributors in the Southwest quality service delivery and an increased bonus in appreciation of their patronage.

    Its Executive Director, Sales and Marketing, Knut Ulvmoen, spoke at a Distributor Forum held in Ibadan.

    He said Dangote Cement is producing 19.25 million metric tonnes from its three plants in Obajana, Gboko and Ibese, adding that by the end of this year, additional 9 million would have been added from the 6 million Mtpa new lines in Ibese and 3 million Mtpa new line in Obajana.

    Ulvmoen said the company decided to be holding the Forum regularly so as to interface with the distributors and other customers.

    The Regional Director in charge of Southwest 1, Mrs Funmi Sanni, thanked the distributors for believing in Dangote Cement and assured them that the company would continue to give them superior product and better delivery services.

    She said N1.2 billion was given out early this year as sales bonus to distributors, adding that the company would increase the bonus in line with increase in sales.

  • Bonus row affected Eagles, says Wenger

    Bonus row affected Eagles, says Wenger

    ARSENAL manager Arsene Wenger has opined that Nigeria failed to progress to the last eight of the World Cup, which came to a climax last night, because of administrative lapses.

    Although this has been played down by team officials, the Super Eagles were involved in a bonus row with the Nigeria Football Federation (NFF) before they took on France in the second round, with the players refusing to train four days before the clash in Brasilia.

    Wenger failed to hit the nail on the head, but hinted that these squabbles over money contributed to the African champions exiting the tournament in the last 16.

    ‘I don’t think it’s purely down to quality. I think it comes down to organisational problems before the World Cup and during the World Cup,” the Frenchman told the online edition of British newspaper, the Daily Mirror.

    He added: ”I think what hurt football fans both in Cameroon and Nigeria – two big footballing nations – was not that their countries did not reach the quarter-finals, it was the fact that both teams had no solidarity and they had problems that were exposed all over the world before the competition and that’s the main reason.

    ”Football is difficult enough when you are united but if you are not united at that stage then you have no chance.”

    It has been reported that the players were awake till 2.30am on the day of the meeting with France, sharing funds that had been flown in from Nigeria by the Federal Government the previous day.

  • VICTORY AGAINST ENYIMBA: Pillars players get N40, 000 away win bonuses

    VICTORY AGAINST ENYIMBA: Pillars players get N40, 000 away win bonuses

    • Abba Yola charges team to sustain tempo

    Kano Pillars management Tuesday evening could not hide its delight after it paid N40, 000 as win bonuses to the team after they defeated title rivals Enyimba 1-0 to reclaim the top spot of the Globacom Premier League.

    Manir Ubale was the hero of the side after his injury time flick handed the Baba Ganaru side the maximum 3points in the Week 31 replay at the Confluence Stadium, Lokoja, Kogi State.

    Idris Malikawa disclosed to SportingLife that: “As a management gesture to the team following the impressive victory over Enyimba, instead of the N20, 000 for home win bonus rather N40, 000 for an away victory bonus was paid the coaches and 18 players listed for the game.

    “The reason was that the club took the game against Enyimba at the Lokoja Stadium as an away game.”

    Meanwhile, chairman of Kano Pillars FC, Abba Yola has charged the team to sustain the tempo.

    “The victory is an act from Allah (God).

    “We are very proud of you all, as there was wild jubilation in Kano after the game.

    “I, however, urge you all to sustain the tempo and not to allow the victory get into your head as we are very close to achieving our target for the season, which is to win the Globacom Premier League title.”