The Nigerian equity market continued its bearish run on Monday, losing N289bn due to sell-offs. The All-Share Index declined by 0.49 per cent as the year-to-date return went down to 39.27 per cent and market capitalisation lowered to N58.88tn. 20 equities appreciated, led Ellah Lakes, Morison Industries Plc and SUNU Assurance, with 10 per cent, […]
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The Central Bank of Nigeria has revealed that it will be allocating $10,000 to each Bureau de Change operator at N1,251/$. This was contained in a circular made available to The PUNCH and signed by the bank’s Director, Trade and Exchange Department, Dr Hassan Mahmud on Monday. The apex bank intsructed each BDC to sell […]
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The African Brands Media Limited is set to hold its 2024 Edition of the Africa Brands Growth Summit on the 29th April, 2024 at the Civic Centre, Victoria Island, Lagos. Time 11:00am.This year’s event themed…Brands Growth IQ: Mastering the Path to Grow your Brand in 2024, will feature its Summit and Awards. The Africa Fast […]
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The Bank of Industry has launched a palliative food programme to cushion the effect of economic challenges Nigerians are facing. In her speech, Minister for Industry, Trade and Investment, Dr Doris Uzoka-Anite, who unveiled the programme at the BoI’s head office in Lagos, recently, said the move came on the heels of the current administration’s […]
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The African Brands Media Limited is ready to hold its 2024 Edition of the Africa Brands Growth Summit on the 29th April, 2024 at the Civic Centre, Victoria Island, Lagos. Time 11:00am. This year’s event themed,Brands Growth: Mastering the Path to Grow your Brand in 2024, will feature its Summit and Awards. The Africa Brands […]
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Union Bank of Nigeria has again called for an equitable and inclusive society devoid of biases, stereotypes, and discrimination, especially against women. The Chief Executive Officer of the bank, Yetunde Oni, stated this during the commemoration of the 2024 International Women’s Day. The global campaign theme for this year was #InspireInclusion. According to a statement, […]
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Kuda Business, a segment of Kuda Microfinance Bank, has recorded 100,000 customers on its platform. A statement from Kuda recently said that the business management and banking platform was providing support to more than 100,000 freelancers and micro, small and medium-scale enterprises in the country.Kuda Business, an all-in-one business manager for freelancers and SMEs, which […]
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Website: www.hertz.com Founded: 1918 Country of origin: USA Brand fact 1: Hertz remains the most popular car-hire brand in the world, ahead of rival Avis. Brand fact 2: The first Hertz hire cars were a dozen second-hand Model T Fords. Brand fact 3: Today, it has a presence in 140 countries.
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Website: www.diesel.com Founded: 1978 Country of origin: Italy Brand fact 1: The brand is based in over 80 countries with over 200 stores. Brand fact 2: Until 1989 Diesel only sold menswear. It now targets women and children as well. Brand fact 3: Tom Cruise and David Beckham are two of Diesel’s many high-profile fans.
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Website: www.gap.com Founded: 1969 Country of origin: USA Brand fact 1: Originally the Gap sold names as Levi’s, rather than its own branded goods. Brand fact 2: The Gap owns the clothing brands Old Navy and Banana Republic. Brand fact 3: It is now the most successful clothing company on the planet.
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