Efficient Moving Service SEKA Moving & 10 Secrets to Relocating

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Don’t know how to organize your move? SEKA Moving helps many people move every day. And no wonder, because we know the ins and outs of a successful move. Experts usually share their secrets and make life more convenient, but we decided to make a moving guide and present all the picking tips from efficient moving services in one article.

9 Secrets of a Successful Move by SEKA Moving

Any move, much less an urgent move, requires a lot of effort and attention to detail. Take the usual packing in boxes – it would seem, what’s so complicated? Believe me, there is nothing worse in the process of moving than on the way to the car to drop the contents of the box right into a puddle. So we suggest avoiding mistakes beforehand and applying 15 effective tips and a few extra ideas to make moving easier.

 

1.    Plan the moving process.

It is always easier to proceed in several stages. First, it is better to move all the furniture: sofas, cabinets, tables, chairs, dressers. The second time you can transport appliances or boxes of clothes, books, dishes, household items, etc.

 

2.    Sorting things.

Collect items separately in each room: living room, bedroom, kitchen, bathroom, hallway. Use markers of a certain color for the boxes of each area, so you’re sure not to get confused when unloading.

 

3.    Plan what to throw out and what to take away.

All of the things you bring into your new home should be working and needed. But usually, everyone has accumulated old electronics or appliances that you want to repair or sell if they are in working order.

 

Before you move, categorize all things into 3 groups:

 

  • all the things you like, that are in full working order, and that you use;
  • all things in working order that, for whatever reason, you no longer need;
  • all the things you no longer need and should throw away.

 

This is probably the most important item of all.

 

4.    Measure in advance the rooms in your new apartment, the doorways, and the height of the ceilings.

All this is necessary to understand whether the large furniture will pass through. If you are counting on the elevator, also measure the distance of the opening.

 

5.    Sign all the boxes.

And not just “Kitchen” or “Clothes”, but in more detail: “Cutlery”, “Pans”, “Towels”, “Summer Shoes”, etc. Sign boxes with fragile items especially brightly and similarly describe the contents (“glass vase,” “sculpture,” “lamp,” etc.).

 

6.    Distribute things evenly in boxes, so that they do not suddenly collapse during transportation.

If the box gets wet, torn, or accidentally falls apart, it will be long and hard to pack.

 

7.    Pack all valuables and documents in a separate box or bag.

Most likely valuable items do not occupy much space, you can easily take them with you on the road in your hand luggage – this is the most reliable way. We recommend doing the same with your documents. Pack all important papers in a single folder and keep them with you so you don’t have to search for them among boxes when you need them.

 

8.    Pack a box of essentials.

After all the work is done, you’ll need slippers, a toothbrush, soap, towels, cosmetics, sleepwear, and linens that same evening – put them all in a separate bag. It is not superfluous to put in the same bag a pack of wet wipes, a bottle of water, and the most important thing in our time – the charger for your phone.

 

9.    Before you move, check to see if there are any unpaid bills from your old place.

This is especially true for the internet, cable TV, or the ancient, dinosaur-like remnants of home telephony. In order not to let the new owner of the apartment down and sleep well, check all the bills and cancel all the contracts.

 

All this is important to know, but still better not to do amateurism, and to hire a moving service that you can trust. Feel free to instruct the team SEKA Moving to load sofas and order a truck. It will not come out more expensive when compared to moving on your own.

The Eighth Tourism Development Conference of Shanxi Province in 2022 and the 33rd Guangong Cultural Tourism Festival Were Successfully Held in Yuncheng City

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HONG KONG SAR – Media OutReach – 25 September 2022 – Sponsored by the Shanxi Provincial Party Committee and the Provincial Government, hosted by the Shanxi Provincial Department of Culture and Tourism, Yuncheng Municipal Party Committee, and Municipal Government, the “2022 Shanxi Provincial Tourism Development Conference and the 33rd Guangong Cultural Tourism Festival” were successfully held in Yuncheng City from September 21 to 23.

(AFRIMA) 2022: Public Voting Starts Sunday September 25

The voting portal for the 2022 edition of the All Africa Music Awards (AFRIMA)  will be opened on Sunday, September 25, at 21:00 (CAT),  to the public, globally, to decide the winners of each of the 39 award categories.

The International Committee of the All Africa Music Award (AFRIMA), in conjunction with the African Union Commission (AUC), made this announcement, on Friday, encouraging African music lovers to vote intensively using the voting portal live at www.AFRIMA.org, before the portal closes on December 10, 2022, which is the eve of the awards.

More information on the voting process, which would also be audited by the International auditing firm, PriceWaterHouseCoopers (PWC), can also be found on the website, as well as AFRIMA’s social media (Instagram/TikTok – @Afrima.official; Facebook – Afrimawards; Twitter – @afrimaofficial).

Like it did at the AFRIMA 2021 edition, the PWC, which has audited other major global awards including the Oscars, will audit the voting portal, collate the votes and present them at the awards.

According to AFRIMA’s Executive Producer/President, Mike Dada, “AFRIMA’S core values of FACE IT – Fairness, Authenticity, Creativity, Excellence, Integrity and Transparency remain at the heart of our operations. With PWC, we are further reinforcing these value drivers, ensuring that we remain as inclusive, credible and authentic as always.”

Recall that the list of nominees were unveiled globally, last Wednesday, revealing a  total of 382 nominations across all 39 categories. The nominations, which have been greeted with positive acclaim across the world, are the fruit of a rigorous 10-day adjudication held by AFRIMA’s 13-member jury, in July. Also, only entries within the validity period of August 20, 2021 to August 5, 2022, were considered for nomination for this year’s awards.

According to AFRIMA’s Executive Producer/President, Mr Mike Dada, the awards body remains the ultimate recognition of African music globally, also serving as a muse to other award bodies across the continent.

“We are not oblivious to the fact that there are some other award bodies that copy our nominations every year. As the ultimate recognition of African music, globally, we are a source of inspiration to both music gatekeepers and music lovers across the entire industry. AFRIMA continues to blaze the trail in celebrating African talent and developing our creative ecosystem, and this year’s edition is a step further in that direction,” he said.

On her part, the African Union Commission’s Head of Culture, Mrs Angela Martins encouraged music lovers to vote decisively and objectively.

She said, “We have done our part. It is left to you the fans to now decide your winners. Remember that these categories are highly competitive and are based on merit. Let your votes help the best person(s) emerge as champion.”

The 2022 All Africa Music Awards will now be held from the 8th to 11th December, 2022. A special announcement will be made on the host country and location for the awards, on 30th September, 2022.

The AFRIMA awards ceremony will feature a 4-day fiesta of music, glitz, and glamour aimed at celebrating Africa, recognising talents and expanding the economic frontiers of the culture and  creative industry on the continent. The event is scheduled to commence with the welcome soiree, followed by the AFRIMA Music Village, the host city tour, Africa Music Business Summit, and the exclusive nominees’ party and concluded with the live awards ceremony broadcast to over 84 countries around the world.

African music lovers can take part in the events on social media, live stream on the AFRIMA website at www.afrima.org and visit the social media platforms (IG/TikTok – @afrima.official; Facebook – Afrimawards; Twitter – @afrimaofficial; LinkedIn – AFRIMA) ), and they can watch the event coverage by tuning in to their local and cable TV providers.

In partnership with the African Union Commission, AFRIMA is a youth-focused music platform that recognizes and rewards the work and talents of African artistes across generations.

AFRIMA primarily stimulates conversations among Africans, and also the rest of the world, especially on the potential of the creative arts for fostering real human enterprise, as well as contributing significantly to social cohesion, as well as sustainable development in Africa. The Programme of events is in line with the AU Agenda 2063 which outlines Aspiration 05 as the development of the arts and culture sector including its cultural and creative industries, to boost the development of the African economy.

Clickatell’s Reveals How Chat Commerce Is Kicking Off Convenience Revolution

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 Clickatell , a CPaaS innovator and Chat Commerce leader, discussed with attendees at its Connect Interact and Transact (CIT) annual Joburg event on Tuesday the new era of Chat Commerce and how businesses can lay the groundwork for a completely new way of serving customers.

Big name local brands also gave real-world insight into how they are turning their chat channels into robust, personal customer experiences at scale and generating new revenue streams.

Titled “Turning Conversations into Commerce”, the event was attended by an impressive list of business and technology leaders from across the continent and was moderated by Werner Lindemann, ​​Clickatell’s Senior Vice President Enterprise Sales: Growth Markets.

Guest speaker, Bronwyn Williams, futurist, economist, and business trends analyst, shared a fascinating look into the future of technology and the many exciting opportunities that lie ahead.

Williams pointed out that through the use of rapidly evolving AI and other technologies, chat is becoming increasingly intuitive. However, she noted that while the aim of the new technology was to make chatbots almost indistinguishable from humans, “any effective anticipatory communications with customers must happen in real-time and, most importantly, where they are and in a way that feels natural and not disruptive.” She summed up her presentation urging business leaders to carefully consider how they automate to optimise cost savings, while still maintaining a sustainable, human connection with their customers.

Building on these insights, Pieter de Villiers, Co-Founder and CEO at Clickatell, took a closer look at what happens when brands engage with their customers where they are, building on ‘the convenience revolution’, first put forward by Shep Hyken.

De Villiers opened by challenging the audience to question the real value of time and how their customers weighed up the value of convenience.

“As anyone in retail will tell you, location, location, location is everything. And, with chat now having almost twice the number of active users than the internet, there can be no better place than the address book of your customers– the most valuable location of all,” de Villiers said.

De Villiers pointed out that the features from mega platforms, Meta and WhatsApp, would take Chat Commerce to a whole new level, saying that soon there would be nothing that could be done on the internet that couldn’t be done on chat.

“Convenience is not difficult to achieve. If you meet your customers where they are, not only can you build a closer, more authentic engagement with them, but you’re giving them back the one thing that we all crave, time,” he shared.

A robust panel debate followed, allowing Clickatell clients and partners to share their experiences and learnings with the audience.

Looking at the value of chat, Daniela Birnbaum, Channel Partner Manager at WhatsApp EMEA, sang the praises of local brands who she said are leading the charge when it comes to building a strong WhatsApp channel. She also noted that South Africa is ahead of many other EMEA regions when it comes to chat adoption.

Gareth Bray, BD & Partnerships Lead EMEA – Business Messaging Group for Meta, went on to share that the rapid advancement in features had catapulted WhatsApp from a simple text channel to a customer engagement platform where brands can very effectively create personal relationships with their customers.

It is this ability to personalise communication that has allowed local airline, FlySafair to take its digital offering to the next level.

“It doesn’t matter where I made my booking, when I type ‘Hi’ in the WhatsApp channel it will immediately be able to access my booking. We have been particularly excited about how fast we can roll out new features on the channel and being able to reduce the call centre engagement has massively benefited the customers and our business,” explained Eswee Vorster, Executive Manager and CIO at FlySafair.

Turning to how local retail brands had adopted chat, Lynne Blignaut, Head of Loyalty and Customer Rewards at Dis-Chem shared that enabling customers to order chronic prescription medication over WhatsApp has been a game changer.

“Typically we only see 50% of people actually adhere to their chronic medication for a maximum of six months of the year. Being able to reach more people and ensure they adhere to their chronic medication and stay healthy, by expanding the platforms that they can use to order their medication without standing in a queue is a big leap forward. Of course, adding a payment option to this will make a big impact on the overall customer journey, and we are really looking forward to seeing this happen,” she shared.

De Villiers summed up the conversation saying: “WhatsApp is pervasive and safe. We see adding embedded payments as the logical next step and we have no doubt that this will be the one transformative thing that will keep customers engaged and a bold step into the convenience revolution.”

The night culminated with the presentation of three Chat Commerce awards. The first went to FlySafair, who are now running all their day of operation messages on WhatsApp. The second went to aYo Holdings, which uses WhatsApp to onboard its more than 12 million microinsurance clients. Finally, the Chat Commerce Innovator of the Year was awarded to Imperial Logistics, for its use of chat platforms in a B2B environment.

Wrapping up Lindemann said: “The chat industry is currently valued at around eighty billion dollars and it’s no surprise that brands want to use this as a catalyst for their digital transformation. The continued advances made by WhatsApp provide the ideal platform for our clients to turn their imagination into reality and we expect many more ground-breaking use cases to emerge over the next 12 months.”

Africana Set Standards For Success In Africa

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The merry sound of clinking glasses, hearty laughter and afrobeats music permeated the cool September evening at Rue Marconi Zone 4, a posh business district in the Ivorien port city of Abidjan.

The motley crowd of extremely well and colourfully dressed individuals gathered at the brilliantly lit venue were celebrating the grand opening of an Africana X (https://shopAfricana.co) flagship store – the first of its kind outside of Nigeria.

By establishing this new store in Abidjan, a city that widely reflects the culture of French speaking West Africa, the Africana (https://bit.ly/3R7Wv8m) brand made significant statement of intent – that they are taking the lead in the movement to propagate African fashion on a global scale.

Perhaps, this explains the fanfare and overwhelming outpouring of goodwill that greeted the event by friends and the teeming fans of the brand, both at the venue and online, across the brand’s social media platforms. To many who follow, patronize, collaborate with, or look up to Africana Couture, this ceremony signified more than just expansion, this was a celebration of African excellence and a milestone in Africana Couture’s (https://bit.ly/3Rbw3KW) masterplan to redefine what African fashion is, and ultimately rebrand Africa.

The brand, Africana Couture

Birthed by a vision to put African fashion on the world map, Africana’s focus was to change the way traditional African attire was perceived locally and internationally. The strategy to do this was simple; fuse the uninhibited creativity of African design concepts with the very best in tailoring methods/technology and top it off with unwavering commitment to excellence in process execution and service delivery.

More than 10 years down the line, this strategy has proven extremely effective. This is evidenced by the fact that Africana Couture (https://AfricanaCouture.com), boasts amongst its clientele, a wide assortment of presidents, industry leaders, celebrities and expatriate connoisseurs of great fashion, who are enamoured with the brand’s consistent track record of distinctive excellence.

However, with inclusiveness as one of the core edicts of the Africana brand, it became essential to devise a means to involve more people whose tastes might defer from the usual bespoke traditional offerings and this necessitated the creation of Africana X.

Africana X, or Africana Xperience (https://shopAfricana.co), is a subdivision of the Africana corporation that disrupts the market place for bespoke fashion by offering ready-to-wear pieces, at affordable prices, at its physical boutiques and e-marketplace. Africana Xperience caters to the needs of sophisticated individuals who want to enjoy the sartorial standards offered by bespoke tailoring, without the wait time that is usually required.

Taking its maxim of inclusiveness even further, Africana X goes beyond its primary offering of traditional pieces. With the Africana Heritage collection (https://bit.ly/3LA00Dp), it offers streetwear that pay homage to Icons of African history; the Africana Traditional Bags and Clan Scarf collections offer premium ancillary items; and even sneaker heads are not left out as the store offers a range of specially crafted sneakers to satisfy even the most avid collector.

The Africana X (https://shopAfricana.co) store expands the range of the brand’s service delivery potential from just luxury fashion to luxurious lifestyle, and in service of the promise of the brand’s moniker, has become a curator of the luxurious side of the African experience.

The incredible journey and success of the Africana brand can be attributed to the passion, dedication and creativity of the over 150-man team, however, none of these would have been possible without the vision, leadership and design of Charles ‘Africana’ Oronsaye (https://bit.ly/3dIYDpc).

The Man, Charles Oronsaye

Despite a degree and a promising career in Law, Charles Oronsaye (https://bit.ly/3Spo5Ph), the founding creative director of Africana Couture (https://bit.ly/3xKVnAO), made up his mind pretty early to deviate from the beaten path and follow his own way. Possessing a fiercely independent mind and rebellious spirit, he knew acquiescing to the dictates of societal expectations would never suit him, and so, after brief detours in music and the entertainment industry, his journey brought him to fashion.

From humble beginnings in Benin city, Nigeria, Charles had a very clear idea of what it was he was building. Even as a fresh-faced university graduate in early 2010s, Charles was adept at spotting opportunities; which in this case was the social media following he had built during his time in the media. In the absence of financial capital, he leveraged on his social capital to build a network of clients, partners and staff.

Operating exclusively from his social media platform, Charles learnt the trade on the journey, calling upon all his tenacious resolve, creativity, affable personality and ability to adapt and evolve. One decade later, the daring young man who had big dreams has been replaced by a seasoned businessman, Forbes entrepreneur and inspiration to a generation of young African fashion professionals.

According to him, one key element in the success of the brand is that he has never lost sight of the principles which informed the mission in the first place. This is illustrated by the fact that despite the fact that he has assembled some of the brightest minds to build this dream with him, he remains deeply entrenched in the process, ensuring that the vision maintains its heading.

The fact that the name, Africana is interchangeably used to identify the man and the brand is testament to Charles’ hands-on approach to doing business and his determination to ensure the brand stays true to its founding edicts.

Under his leadership and guidance, Africana Couture has transformed into more than just a fashion label selling men’s clothing. it is now widely viewed as a lifestyle and aspirational brand that curates one of the most exciting versions of the African experience- one of luxury, minimalist beauty and consistent excellence.

Abidjan today, Tomorrow the world (After Abidjan, What Is Next?) (https://bit.ly/3C5Bhnn)

Following the launch of African X in Abidjan, plans are underway to replicate the success of Africana’s private tailoring business model in Dakar, Senegal, the style capital of French West Africa, and an even more audacious campaign to plant seeds in the original concrete jungle, New York City by the end of the year.

The proliferation of the brand into New York City is strategic, as the Big Apple is not only an important fashion capital, but is also a nexus for global commerce. It therefore makes sense to first setup shop here and then spread its tendrils across the Americas, Europe and eventually Asia.

Africana beyond fashion (https://bit.ly/3C3fb4H)

Over the course of the last decade, Africana has metamorphosed into an industry leader, credited with making definitive contributions to the African fashion ecosphere such as creating the first-ever African measurement template which takes into consideration, factors that are uniquely African in nature which were largely overlooked by the dimensions recommended by western fashion industry.

In its role as an industry gatekeeper, Africana is a standard against which other brands can measure progress and a beacon providing a guiding light to newcomers who seek direction.

In addition to these bold strides in the fashion industry, Africana has pivoted and branched into other economic sectors including Fin-Tech, with its foray into Blockchain technology and is making moves in real estate with its plan to launch Africana Smart HQ.

On the philanthropic/social awareness front, the brand also manages to combine industrial finesse with corporate responsibility with moves such as; ensuring it remains an equal opportunity employer, creating a fund dedicated to catering to the welfare of needy women and children and ensuring that the stringent Covid-19 rules are adhered to in all its dealings.

There is also Africana H2O, a brand of bottled water available in a handful of locations across the continent which exists to reiterate the importance of access to safe drinking water for everyone.

In conclusion

Africa is experiencing a renaissance which has mostly been championed by the creative industry within the continent. This afrocentric wave has increased the love for, and influence of most things afroculture. The world is paying attention and more people are looking to Africa; no longer just a destination for pity and charity, but as a veritable source of inspiration and ideas.

This paradigm shift is one that comes with far-reaching attendant benefits and with ambassadors such as Charles Oronsaye (https://bit.ly/3UuqRom) and his band of merry innovators at Africana Couture (https://bit.ly/3R5SBwH) leading this new movement, we can rest assured that the African story is getting a happy and beautiful ending.

Experts Urge CMOs, Marketers To Redefine Role In Marketing Profession

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Experts in the marketing industry have advised chief marketing officers and aspiring marketing officers to redefine their roles in the business of marketing and integrated marketing communications.

This advised was given by two respected marketing professionals – Managing Director, P&G Nigeria, Mokutima Ajileye and foremost business and marketing professionals, Oare Ojeikere, at the Advertisers Association of Nigeria, ADVAN, Chief Marketing Officer Forum on Friday with the theme: The Evolving Role of the CMO at Lagos Continental Hotel Victoria Island, Lagos.

While speaking, Mokutima said time has come for CMO to be adaptable and keep evolving in order to keep functioning adequately. According to her, “adaptability is about change and change itself is inevitable, hence the continuous need for CMO to make sure they follow the current trends and quickly adapt to new developments in the industry.”

She said this adaptability is necessary because CMOs must see themselves as business leaders who have the duty to focus on increasing the growth of their brand.

Experts Urge CMOs, Marketers To Redefine Role In Marketing Profession

She urged CMO to know that volatility, disruption and various changes in the marketing industry are more now than ever before, interestingly, there is a need to move swiftly and be on top of their game in order to remain a force to reckon with in the industry.  She added that such disruption may emanate from the activities of digital natives who are agile, very fast in responding, adding that CMOs should make sure they incorporate digital natives in their teams. She advised that neutrality is not an option for brands nowadays but, CMOs need to make sure that their brands stand for social cause anytime it arises in order to worm their brands into the minds of the consumers.

Also, she said CMOs need to safeguard consumers by having a clear vision of consumers’ wants and needs. They must also operate against the backdrop of increased consumers’ expectations and address them with great sensitivity.

Oare Ojeikere, who spoke on Changing Role, Capability and deliverable: Implication for Business and Marketers said, “CMOs and other brand custodians need to realise that the marketplace has significantly changed, making their relevance diminish in significance.”  Oare said CMOs must realise that consumers can no longer be pushed around in the face of fierce competition occasioned by tougher and more strong players, increasing commoditized products and worsening economy. He said, “What is responsible and as well accelerating this new shift is the availability of internet, mobile phone and social media.” According to him, because of these factors the playing field has been levelled and that is dictating how to buy media.

He said that with the current changes, CMOs must be creative and analytical in their thinking. They must be focused by playing leading roles in developing business plans. They must be customer champions, making sure that they are custodians of customers’ information. Also, CMOs must be capability builders, storytellers and innovation catalysts by bringing all these into their marketing strategies.

He further said in today’s marketing world, CMOs must establish center brain neutrality; relentlessly safeguarding the consumers, marketing partnership must revolve –inside and outside the organization. He added that they must be educators and connectors in their organizations.

Also, for Marketing Director of FrieslandCampina WAMCO Nigeria Plc, Chris Wuff-Caeser, CMOs need to realize that marketing is not advertising and completely erase the belief from their mind and focus on marketing which is their core area.

Speaking earlier, ADVAN president, Osamede Uwubanmwem, thanked the guest speakers, CMOs and other marketing professionals who attended the event. He also thanked the ADVAN exco who put the event together to keep marketers abreast of the current developments in the industry. He said the choice of the topic, The Evolving Role of the CMO was necessitated by current changes in marketing business and to get CMOs and other marketing professionals ready for evolution in the marketing profession.

The event was graced by chief commercial officers, marketing directors, brand managers and other marketing professionals including, former, executive director, Marketing, Nestle Nigeria, and managing director, Entod Marketing, Mrs.  Iquo Ukoh; Head, retail marketing and analytics, Access Bank, Chioma Afe, marketing manager, (Nigeria Marketing Lead) – Hayat Kimya, Roseline Abaraonye, marketing director AB InBev, Tolulope Adedeji, President ACAMB/Head Corporate Communications Polaris Bank, Rasheed Bolarinwa, chief marketing officer Sterling Bank, Dapo Martins, group head corporate communications Access Bank, Ameachi Okobi and many other senior marketing professionals.

Flutterwave Enables Google Pay For African Businesses

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 Flutterwave, Africa’s leading payments technology company, today announced Google Pay, a mobile payment service, developed by Google, as a payment method on Flutterwave.

As part of this collaboration, Google Pay will serve as an additional payment option for merchants on Flutterwave for business. This collaboration will offer safe and seamless payments, as well as convenient checkout experiences for customers.

 

Google Pay is a safe, simple, and helpful way to make contactless payments in store, and also payments in apps and on the web. Users store their cards for Google Pay in Google Wallet, a digital wallet app that is available on supported Android smartphones, tablets or watches.

 

With this collaboration, Google Pay users in supported countries across the world can pay businesses on Flutterwave across Africa. With an average transaction completion time of 3 minutes, this integration is slated to reduce cart abandonment rate for businesses on Flutterwave.

 

How it Works

 

  1. Get on a Flutterwave-supported website

  2. Select what you want to pay for

  3. Fill the order form

  4. Select Pay with Google Pay as your payment method

  5.  Complete the payment with your Google Pay details.

 

To get paid via Google Pay, Flutterwave merchants must manually opt-in on their dashboard.

 

Olugbenga ‘GB’ Agboola, Founder and CEO of Flutterwave, said, “The continued and rapid growth of Flutterwave is due to our commitment to building a platform with simplified payments for everyone. The GooglePay payment option will attract more international customers and increase the current success rates for businesses on Flutterwave. Integrating with Google pay will allow users across the globe to participate in the booming e-commerce ecosystem in Africa. It will enable us to further fulfill our promise of creating endless possibilities for all”.

Domestic Bourse Closes Week Bearish, NGX ASI Sheds 33bps

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The Nigerian All-Share Index extended its downward trajectory, declining further by 0.33% to close at 49026.62 points.

The performance was due to selloffs in bellwether stocks such as BUACEMENT (-4.49%) and GTCO (-3.14%). Consequently, the YTD return decreased to 14.77% as market capitalisation fell by ₦88.31 billion to close at ₦26.44 trillion.

The sectoral performance marginally weakened as three of the five indices under coverage declined. while the Banking index, the gainer, improved by 0.42% on ZENITHBANK (+0.25%). The Industrial index, the biggest loser, declined by 1.61% on  BUACEMENT (-4.49%). The Insurance and Oil & Gas indices followed suit, falling by 0.46% and 0.21% on SUNUASSUR (-8.57%) and ETERNA (-9.45%) respectively.  On the flip side, the Banking and Consumer Goods indices, the gainers, improved by ACCESSCORP  (+6.02%) and VITAFOAM (+6.90%) respectively.

Investors’ sentiment weakened as the market breadth declined to 0.50x from 0.71x. This was illustrated by the advance of 11 stocks, led by VITAFOAM (+6.90%) and RTBRISCOE (+6.06%) and the decline of 22 stocks, led by CWG (-10.00%) and BERGER (-9.85%). Activity level strengthened as the total volume and value improved by 33.38% and 79.16% as investors exchanged about 169.18mn units of shares worth over ₦3.19bn.

We expect positive sentiment to return in the next trading session as the equities market still presents decent opportunities for investors chasing positive real returns on investments.

 Fixed Income

There was mixed sentiment across the bond yield curve as two of the four bond yields under coverage closed lower while the FGN-JAN-2026 and FGN-JUL-2030 closed flat at 13.20% and 12.81%. The yields on the FGN-APR-2023 and FGN-MAR-2024 compressed by 5bps and 66bps respectively.

The Treasury bill yields for the 91, 182 and 364-day papers closed higher by 22bps, 14bps and 31bps to close at 11.47%, 5.51% and 6.76% respectively.

We expect market activity to be influenced by the liquidity levels in the financial system.

MARKET SNAPSHOT

  • Domestic Bourse Closes the Week Bearish, NGX ASI Sheds 33bps
  • Mixed Sentiment across the Bond Yield Curve
  • Negative Performance in Global Stocks
  • Negative Performance in the Commodities Market
  • Negative Performance in African Stocks

Bitkub Exchange and Bitkub Academy partner with TRON to develop Learning Airdops and host the NewTRON : Pitching Competition.

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GENEVA, SWITZERLAND – Media OutReach – 24 September 2022 – Bitkub Online Co., Ltd. and Bitkub Labs Co., Ltd. has announced the marketing partnership with TRON, a leading global blockchain network behind the creation of the TRON (TRX) coin, to distribute learning airdrops in the pursuit of stimulating secure investments, while also announcing the opening of a business-pitching competition for participants in the ages of 18 – 22 to induce education amongst young investors.

Mr. Peerasit Chiwabhong, Deputy CEO of Bitkub Infinity Co., Ltd. and member of the NewTRON : Pitching Competition’s judging panelists provided a visionary opening to the event as follows:

“The NewTRON : Pitching Competition’s aim is to not only support knowledge in digital assets and the opportunity to acquire real experience in a professional environment through an internship program with the company, but also to bring out the potential very evidently-seen in the young masses, saturated with determination to create revolutionary changes in the current age of digital disruption. With this taken into account, the NewTRON : Pitching Competition is indeed an important step forward towards the aim of laying down a strong foundation for young investors and to enable them to display their full capabilities.”

Empowering Change Leaders to Face Advance Challenges of Modern Technology: National University of Singapore Postgraduate by Coursework Fair (NUS PGCF) 2022

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Extending in-depth and high-quality multidisciplinary, future-oriented postgraduate by coursework programmes offered by NUS through a virtual event featuring 14 booths, 14 masterclass sessions, 23 information sessions and more than 30 distinguished speakers.

SINGAPORE – Media OutReach – 24 September 2022 – The endless disruptions caused by rapid technological advancements, climate change, evolving societal needs, and emerging economic transformations have paved the way for a volatile, uncertain, complex, and ambiguous (VUCA) future. Developing the necessary knowledge and skills in key growth areas is the way to prepare and advance in the future economy.