Envision Digital Addresses Consumers’ EV Adoption Pain Points in Germany with New Home Charging Solution, Aims to Spur Electric Mobility Revolution

Media Outreach
-
0

End-to-end, affordable solution solves private charging infrastructure gap and complements local government schemes to accelerate sustainable living and seven to 10 million EV take-ups by 2030

 

BERLIN, GERMANY / SINGAPORE – Media OutReach – 13 August 2020 – Envision Digital International Pte Ltd (“Envision Digital”), a global green tech and Artificial Intelligence of Things (AIoT) technology leader, today announced its latest innovation to bring simple and convenient charging for electric vehicles (EVs) into people’s homes and workplaces. By introducing Charging by EnOSTM, a smart, one-stop, and cost-effective home charging solution, Envision Digital is addressing significant and longstanding barriers to mainstream EV adoption: insufficient private charging points that fit into consumers’ existing lifestyles, uncertainty regarding the “green” nature of used electricity, difficulties in getting these charging points professionally installed, and a lack of visibility on overall costs. Charging by EnOS is now available in Germany and will subsequently be launched in other countries across the world.

 

This latest solution from Envision Digital complements the German government’s latest initiatives to alleviate EV refuelling concerns, boost consumer demand for EVs, and accelerate its goal of having seven to 10 million EVs registered in the country by 2030. In addition to new government-backed incentives that mean local EV buyers can now receive up to €9,000 in subsidies for the vehicle and additional regional funding for the implementation of charging infrastructure.

 

“Recent developments, driven by the government, are very positive and reinforce Germany’s international standing as one of the leading countries in supporting EVs to drive collective, sustainable living,” said Sylvie Ouziel, International President, Envision Digital.

 

“In parallel with important public charging infrastructure needs being addressed, Envision Digital focuses on private charging solutions. Unlike traditional combustion engine car drivers who must spend time going back and forth to gas stations for refills, EV drivers want seamless charging solutions that fit easily into their daily routines and while their cars lay idle, so they ‘charge where they park’ and not ‘park to charge’. With many drivers looking for the convenience of EV charging while they sleep, work and enjoy leisure activities, Charging by EnOS will bolster the number of charge points at our natural life destinations and help Germany far exceed the total of 70,000 charging points that experts cite as the requirement for supporting mass EV adoption,” added Ouziel.

 

Charging by EnOS is a one-stop solution for drivers to charge their EVs at the most convenient places — their homes and workplaces. It includes a home charger with up to 22 kilowatts (kW) of charging power, professional installation and maintenance and an electricity contract providing 100 percent green energy — with user control via a smartphone application. Compatible with EVs from all automotive manufacturers for new and used cars, Charging by EnOS delivers reliable and optimal charging for daily use, battery longevity, and minimised carbon dioxide (CO2) footprint.

 

The solution is powered by EnOS™, Envision Digital’s AIoT software that connects one of the largest renewable energy communities worldwide, including thousands of energy producers and EVs. The solution also draws on deep, first-hand knowledge of EV battery technologies from Envision Automotive Energy Supply Corporation (AESC) — Envision Digital’s sister company. Envision AESC, a battery manufacturer, equips more than 500,000 EVs sold globally with zero critical battery incidents reported, including the Nissan LEAF zero emission car model.

 

By leveraging EV battery expertise and collective machine learning capabilities, Charging by EnOS continuously optimises its algorithms to improve the charging experience for both the driver and battery.

 

“The month of July saw the highest volume of requests for the German government’s purchase subsidies for an EV since June 2016. That said, what we are hearing from consumers is that they are still being held back by the complexity of assembling their own home charging solutions due to fragmented market offerings and hidden costs,” said Drazen Nikolic, Managing Director, Germany, Envision Digital.

 

“We are therefore actively addressing this need by launching a one-stop solution that is as simple to order and install as a smartphone, with transparent and fixed pricing to power each EV’s annual driving distance. This solution ensures that consumers no longer need to worry about putting multiple components and costs together and can instead concentrate on driving their electric cars — in a clean, carefree, sustainable, and understandable way,” added Nikolic.

 

“Charging by EnOS comes not just with a charger and a user-friendly smartphone application, but also home installation by a professional electrician at a pre-agreed price and an electricity pricing package with up to half the average annual distance travelled by a German driver already factored into the monthly fees. With Charging by EnOS, we ensure that all is included and transparent: zero surprises, zero surcharge and net zero carbon footprint. Charging by EnOS is beneficial for the planet, your budget, your family, and your car battery,” concluded Ouziel.

 

From Race Pitstops and Tracks to Homes and Highways

 

Charging by EnOS was soft launched in conjunction with Envision Virgin Racing‘s participation in the ABB FIA Formula E Championship (“Formula E”) in Berlin — as the Formula E’s first carbon neutral certified team. This also follows Envision Digital’s recent expansion into Germany and nine new leadership hires as part of its accelerating global business momentum.

 

The overriding purpose of Envision Virgin Racing’s involvement with Formula E has been to accelerate the R&D associated with fast and efficient EVs and EV charging infrastructure, and leverage a well-followed entertainment platform to inspire businesses and people to take urgent action against climate change. Charging by EnOS is an example of Envision Digital solutions that are developed, tested, and proven to be viable and safe at pitstops and racetracks, and are now headed to homes and highways.

 

For more information on Charging by EnOS’s pricing and packages, or to register at a discount of €200, please visit: https://www.envision-digital.de/

 

About Envision Digital:

Envision Digital is a global AIoT technology leader headquartered in Singapore, with more than 500 employees across 12 offices in China, France, Germany, Norway, the Netherlands, the United Kingdom, and the United States.

 

Envision Digital owns EnOS™ — the world-class AIoT operating system that currently connects and manages more than 63 million smart devices and 120 gigawatts of energy assets globally. Its monitoring, advanced analytics, forecasting, and optimising applications provide insights to help clients better manage their assets and portfolio performance. Its offering extends to Smart Renewables (Solar, Wind); Smart Cities; Connected Energy; and Smart Plants — partnering governments and companies in their digital transformation journey.

 

As a major player in AIoT operating systems, Envision Digital is growing an ecosystem of partners to enable energy and digital transformation globally. Its growing list of more than 250 customers and partners spans 10 industries and includes: Accenture, Amazon Web Services, GovTech Singapore, Keppel, Microsoft, Nissan, PSA International, PTT, Sonnen, Tableau and Total.

 

For more information, please visit www.envision-digital.com

Infinix to announce Zero 8 soon as its flagship smartphone for 2020

Media Outreach
-
0

NAIROBI, KENYA and DODOMA, TANZANIA – Media OutReach – 13 August 2020 – Infinix is said to launch Zero 8 soon, which is the latest product of its flagship smartphone series Zero. It is also rumored that Zero 8 will become the flagship product of the Infinix brand for 2020. 

           

With its distinctive products, Infinix has achieved amazing results in the international smartphone market. All of its products come with powerful processors, large RAMs and flash memories as well as exceptional displays. Its locally optimized cameras also stand out in terms of their photo-taking capability. Meanwhile, the smartphones of Infinix are also extremely competitive in general. So what a product Zero 8, the latest flagship smartphone of Infinix, is? Let’s make a simple analysis based on the information that has leaked out.

 

The camera of Zero 8 will be powerful. Currently available information shows that Zero 8 adopts a 48-megapixel front camera, which has the highest resolution in the world, and a 64-megapixel rear camera, which is the Sony IMX686 image sensor, taking the photographic performance to a new level. It’s worth noting that Zero 8 has an extremely futuristic appearance, which naturally blends into the diagonal design with assorted colors in the back. And the color gradients are also very impressive. This technique is often seen on the flagship products of leading smartphone brands in recent years, which has reaffirmed our judgment of Zero 8’s positioning as a flagship product. On the front side, Zero 8 also adopts a design of a bezel-less screen + dual punch-hole cameras, which are only available on high-end products of leading brands, to create more possibilities for taking selfies, and to ensure the best display quality.    

 

Its appearance shows that Zero 8 is a pure-blooded flagship product with an impressive design language totally different from that of the previous products. Therefore, it makes sense to guess that the exterior design of Zero 8 is very likely from a famous international designer. 

 

There isn’t information about the detailed specifications of Zero 8 yet, but people will be excited about the upcoming zero 8, what is certain is that this upcoming device is worth looking forward to. We reckon that Zero 8 may adopt a CPU of a higher end to get a bigger computing power, so as to provide a faster speed. If Zero 8 adopts a more powerful CPU, there’s no doubt that its GPU will be more powerful too, to meet the rigorous requirements of major 3D mobile games for graphics processing. It’s possible that Zero 8 has made significant improvements in terms of RAM and flash memory as well as screen resolution, front and rear camera’s specifications, and the fast charging technology,  which will be enough to meet all your daily needs and provide a excellent experience. It’s predictable that zero 8 will be an exciting device from the brand.      

 

Zero 8 is expected to be officially announced on September 7, 2020. It will be a much-expected new flagship product from Infinix targeting the high-end market.

Guinness Nigeria Plc Notifies Of Fire Incident At Its warehouse; Restates Commitment To Prompt Services

Esan Bolaji
-
0
Guinness Nigeria Plc Notifies Of Fire Incident At Its warehouse; Restates Commitment To Prompt Services

On the 13th of August, 2020, there was a fire outbreak at one of Guinness Nigeria Plc‘s external warehouses on Wempco Road, in the Ogba area of Lagos State. The fire was swiftly contained and put under control by responders from the Lagos State Emergency Management Agency and officials of the Lagos State Fire Service Department.

In a statement issued by the company secretary, Rotimi Odusola, via the Nigerian Stock Exchange, the brewer said,

“Fortunately, there were no injuries or major material loss resulting from the incident as the warehouse is used for storing empty crates. Our major production operations take place in our Benin and Ogba Breweries.”

“As we continue to investigate the cause of the fire incident, we say a very big thank you to
the Lagos State Emergency Management Agency and officials of the Lagos State Fire Service Department for their swift response and assistance in containing the fire.”

“We also thank everyone who was supportive and reached out to us during the incident.”

“Guinness Nigeria remains committed to ensuring the health and safety of our employees and the communities where we operate and will continue to maintain this standard.”

On the 18th of January, 2019, a fire also broke out at it’s Aba premises located in the Osisioma Industrial Layout. The Aba premises currently serves as a logistics centre with personnel on-site as major production operations take place in its Benin and Ogba Breweries.

Secondary Education Should Prepare Young People for Work – New Report

Esan Bolaji
-
1
Secondary Education Should Prepare Young People for Work – New Report

Now is the Time to Rethink Secondary Education Systems to Ensure Africa’s Young People Have the Skills and Knowledge Needed to Succeed in the Workforce

The Mastercard Foundation today released an important new report, Secondary Education in Africa: Preparing Youth for the Future of Work. Report findings indicate that changes in the nature of work are placing a premium on skills that help young people be adaptable, resilient, and creative problem solvers. Secondary education that provides relevant skills to young workers will help improve productivity, particularly in the informal sector, and will play an important role in driving long-term economic growth and reducing poverty
in Africa.

Secondary Education Should Prepare Young People for Work - New Report
Report cover | www.brandspurng.com

“Digitization, automation, and technological advancements are already changing the nature of work in Africa. Young people must enter the workforce from secondary education equipped with the right skills. So, strategic investments into secondary education can be a big part of ensuring young people and their countries emerge from the other side of COVID-19 stronger and more inclusive,” said Mastercard Foundation President and CEO Reeta Roy, as she welcomed audiences to the Secondary Education in Africa Virtual Summit held earlier today to discuss the report findings.

Secondary Education Should Prepare Young People for Work - New Report
Students in Chemistry class at Karuri High School in Kiambu, Kenya on 30 May 2017. Teachers are using digital technologies such as laptops, projectors, videos, and internet access. The dynamic learning experience is part of the GESCI African Digital Schools Initiative supported by the Mastercard Foundation. The goal is to promote 21st century skills in schools in Kenya, increase student engagement, and improve test scores using digital technologies. | www.brandspurng.com

Across the continent, the youth population is growing and is expected to reach 456 million by 2050. This growth, along with improvements in the number of young people enrolling in, and completing, primary education is increasing the demand for secondary education. Enrolment is expected to double by 2030, representing an additional 46 million students at the secondary level over the next 10 years.

This, in turn, requires an expansion in the education workforce. Over the next 10 years, an additional 10.8 million teachers will be needed. Ensuring high-quality teachers are in classrooms is one of the most strategic investments a country can make to enable all students to develop the skills they will need for work and as citizens of a global world.

Reflecting on the data and findings within the Secondary Education in Africa report, His Excellency President Paul Kagame of Rwanda underscored the need for cross-sectoral partnerships to achieve the report’s proposed recommendations. “Secondary school is the critical link that prepares young people to succeed in the workplace.

This report sets out some key principles we need to take on board to adapt our secondary education systems for the future. The report emphasizes the importance of constant innovation, driven by data and the spirit of experimentation. This is where collaboration is essential between government, the private sector, and civil society,” he said.

In her keynote address during the Virtual Summit, which was attended by policymakers, educators, and young people, former President Ellen Johnson Sirleaf emphasized the importance of investing in relevant, high-quality, universal secondary education as a lever for advancing inclusion. “There is no greater driver of inclusion than a quality education. And there is nothing that can more quickly devastate hopes for the future than to have it taken away,” she said.

President Sirleaf also reflected on her experiences leading Liberia through the Ebola crisis of 2014, suggesting that prioritizing investments in education would be critical to enabling Africa’s recovery from COVID-19. “After Ebola devastated Liberia, forcing us to close our schools for many months, we realized that we needed to place learning at the centre of the recovery process,” she said. “As we recover from this current crisis, it is my strong belief that collaborative partnership is key to reimagining a secondary education system that is fit for our future,” she added.

The Secondary Education in Africa report was released on the Mastercard Foundation’s website with an accompanying report entitled “Youth Perspectives on Secondary Education in Africa” that features the views and voices of a diverse range of young people. Among them, is Joseph Opoku, who believes that “many young Africans consider secondary school to be a critical juncture in determining the road ahead,” and that “young people want a secondary education that adequately prepares them for employment and/or entrepreneurship.”

Drawing on a wide range of research conducted by scholars in Africa and globally, the Secondary Education in Africa report offers examples of the positive change and sustained progress that has been made.

It examines factors that facilitate reform and innovation throughout the education system across a range of areas such as curriculum, teacher training, flexible approaches, equitable access, and innovations in financing. The report supports policymakers, educators, philanthropists, and young people themselves to re-envision secondary education for the future and to consider actionable recommendations for getting there.

Access the full report, Secondary Education in Africa: Preparing Youth for the Future of Work here.

MTN Nigeria & 14 others led local bourse to sustain previous positive sentiment, gains 0.38%

Esan Bolaji
-
0
MTN Nigeria & 14 others led local bourse to sustain previous positive sentiment, gains 0.38%

Transactions on the floor of the Nigerian stock exchange today (Thursday) closed on a positive note, gaining 0.38% to sustain the previous day positive momentum. The uptrend was supported by value appreciation on some bellwether stocks like MTN Nigeria, ACCESS, NB and 12 others.

However, the market breadth closed on a negative note, recording 18 losers as against 15 gainers.

In summary, the All-Share Index (ASI) increased by 95.49 absolute points, representing a growth of 0.38% to close at 25,236.97 points. Similarly, the overall Market Capitalization size gained N49.88 billion, representing an increase of 0.38% to close at N13.17 trillion

MANSARD emerged as the top gainer while IKEJA HOTEL emerged as the top loser.

The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; UNILEVER (+8.33%), NB (+5.88%), WAPIC (+3.03%), FLOURMILL (+2.32%), ACCESS (+1.56%), and MTNN (+0.84%).

MARKET STATISTICS

CAP N13,165,158,179,276.12 One Day (ASI CHG) +0.38%
Index 25,236.97 One Week (ASI CHG) +1.23%
Volume 258,081,869 One Month (ASI CHG) +4.65%
Value N1,678,313,747.99 Six Months (ASI CHG) -9.47%
Deals 3,640 52 Weeks (ASI CHG) -7.58%
Gainers 15 Losers 18
Unchanged 59 Total 92
YTD -5.98%

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the official window today (Wednesday) closed at 381.00/$1, unchanged against the previous day’s position.

The Investors and Exporters (I&E) FX window opened at N386.25, traded high at N387.00, and eventually closed at N386.00, representing a 0.13% depreciation against the previous day’s closing position. A total of $31.96 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 5.25%, representing a 0.92% appreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 4.33%, representing a 0.83% depreciation against the previous day’s position.

FIXED INCOME
Securities Close P. Close Change
Bond 354.56 321.86 +32.70 bps
T.Bills 161.73 163.44 -1.71 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

NASD OTC MARKET

The NASD OTC market today (Thursday) closed as the Unlisted Securities Index (USI) closed at 713.39, unchanged against the previous day’s closing position. Similarly, Market Capitalization closed at N524.04 billion, unchanged against the previous day’s closing position. However, the aggregate volume and value increased by 481.65% and 100.15% respectively, as investors traded a total of 514,675 shares, worth N18.62 million in 6 deal.

Sector Performance

Sector % Change
NSE30 0.44
BANKING 0.03
CONSUMER GOODS 1.46
INDUSTRIAL -0.12
INSURANCE 2.61
LOTUS ISLAMIC 0.32
OIL/GAS 0.31

 

Top 7 Gainers

Company Pclose Open Close Change % Change
MANSARD 1.45 1.45 1.59 0.14 9.66
CHIPLC 0.34 0.34 0.37 0.03 8.82
UNILEVER 12.00 12.00 13.00 1.00 8.33
PRESTIGE 0.49 0.49 0.53 0.04 8.16
NB 34.00 34.00 36.00 2.00 5.88
OANDO 2.40 2.40 2.48 0.08 3.33
FIDELITYBK 1.83 1.83 1.89 0.06 3.28

 

Top 7 Losers

Company Pclose Open Close Change % Change
IKEJAHOTEL 1.01 1.01 0.91 -0.10 -9.90
ACADEMY 0.33 0.33 0.30 -0.03 -9.09
CHAMPION 0.78 0.78 0.71 -0.07 -8.97
UNITYBNK 0.59 0.59 0.54 -0.05 -8.47
NEIMETH 2.00 2.00 1.90 -0.10 -5.00
TRANSCORP 0.63 0.63 0.60 -0.03 -4.76
STERLNBANK 1.20 1.20 1.15 -0.05 -4.17

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
TRANSCORP                          105,499,045                        61,392,152 0.60
ZENITHBANK                            25,659,743                      429,954,038 16.75
CHAMS                            22,936,631                          4,827,022 0.21
GUARANTY                            12,532,616                      311,021,585 24.80
FBNH                              7,841,888                        39,591,760 5.05
WAPIC                              6,697,017                          2,029,089 0.34
JAPAULOIL                              6,604,835                          1,385,246 0.21

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
ZENITHBANK                            25,659,743                 429,954,038.10 16.75
GUARANTY                            12,532,616                 311,021,584.80 24.80
MTNN                              1,271,646                 152,225,287.70 119.50
DANGCEM                                 740,673                   99,902,139.70 136.00
OKOMUOIL                              1,002,698                   80,213,782.15 80.00
NESTLE                                   62,140                   70,664,134.40 1175.00
STANBIC                              2,111,535                   69,867,994.20 33.80

 

GTI RESEARCH

Insider Dealing: McNichols Consolidated Plc discloses purchase of 90,012 shares

Brand Spur
-
0
Insider Dealing: McNichols Consolidated Plc discloses purchase of 90,012 shares

McNichols Consolidated Plc, food/Drug Retailers and wholesalers company in the consumer goods sector has disclosed the purchase of 90,012 shares at N0.51 per share which amounted to N45,906.

This is in accordance with the Nigerian Stock Exchange policy on insider dealing.

In a statement to the Nigerian Stock Exchange, the purchase by one of its substantial shareholders, Chimaraoke Ijeoma was carried out on August 12, 2020.

McNichols Consolidated Plc discloses purchase of 90,012 shares

It is also worthy of mention that Chimaraoke Ijeoma had earlier sold part of his/her shares in the company as follows:

May 12, 2020 

  • Price – NGN 0.50
  • Volume – 100,000

In terms of share insider purchases, Chimaraoke Ijeoma acquired the following (price and volume) of the company:

May 29, 2020 

  • Price – NGN 0.55
  • Volume – 1,475

May 29, 2020 

  • Price – NGN 0.45
  • Volume – 20,175

Between Feb 4, 2020, and May 11, 2020,*

  • NGN 0.50 – 2,000
  • NGN 0.50 – 50,000
  • NGN 0.50 – 278,250
  • NGN 0.45 – 10,000
  • NGN 0.46 – 507,653
*Aggregate volume at 847,903 at an average price of NGN0.482 per share.

The company announced a 10.6% Revenue decline in its Q2 2020 Unaudited results for the period ended June 30th, 2020.

The company’s revenue declined by -10.6% to N318m from N355m in the previous quarter. Profit for the company declined as follows

  • Profit before tax declined by 9% to N14m.
  • Profit after tax declined by 7% to N11.8m.

However, its Net Assets grew by 4.2% from N344m to N358m.

Nigeria also produces a range of chocolate powder and custard powder.

MoneyGram Reports Record 207% July y/y Cross-Border Transaction Growth in its Direct-to-Consumer Digital Business

Esan Bolaji
-
0
MoneyGram Reports Record 207% July y/y Cross-Border Transaction Growth in its Direct-to-Consumer Digital Business

MoneyGram reported 17% total year-over-year money transfer transaction growth in July, driven by its digital business which accelerated to 124% transaction growth and 109% revenue growth

MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, today reported record 207% July year-over-year cross-border digital transaction growth for MoneyGram Online, its direct-to-consumer digital business.

This channel was the key driver of overall digital transaction growth of 124% that enabled 17% total money transfer transaction growth in July, an acceleration from 10% year-over-year money transfer transaction growth in June.

MoneyGram Reports Record 207% July y/y Cross-Border Transaction Growth in its Direct-to-Consumer Digital Business

“Even in these challenging times, we delivered record digital transaction growth in July that accelerated to 124%,” said Alex Holmes, MoneyGram Chairman and CEO.  “After reporting a strong June where the Company returned to year-over-year global revenue growth, we’ve continued to see the underlying momentum in our business strengthen as our customer-centric digital transformation drives extremely strong results.”

Overall year-over-year July digital transaction growth of 124% and digital revenue growth of 109% was driven by the following components:

  • MoneyGram Online, the Company’s direct-to-consumer channel, delivered 126% year-over-year transaction growth in July, led by cross-border transaction growth of 207% as strong adoption of the MoneyGram app continues to grow in markets around the world;
  • Digital partnerships delivered 101% year-over-year transaction growth in July, an acceleration from 97% year-over-year transaction growth in the second quarter
  • Account deposit and mobile wallet transactions increased 165% in July, which is an acceleration from the second quarter where the Company reported 148% year-over-year transaction growth. Growth has been driven by markets such as India where sends to bank accounts increased more than 320% compared to the prior year.

“Led by the industry’s best mobile app and leading partnership platform, our digital business is generating tremendous value for customers and shareholders alike,” said Kamila Chytil, Chief Operating Officer and leader of the company’s digital business. “Our growing customer base of millions of users is an incredible growth engine for the company, and we remain focused on further accelerating this strong digital growth.”

MoneyGram is a global leader in cross-border P2P payments and money transfers. Its consumer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with more than 70 countries now digitally enabled.

Insider Dealing: Unilever Nigeria Discloses 17,023,490 Shares Purchased by Unilever Overseas Holdings

Esan Bolaji
-
0
Insider Dealing: Unilever Nigeria Discloses 17,023,490 Shares Purchased by Unilever Overseas Holdings

Manufacturer and marketer of home and personal care products, Unilever Nigeria Plc, recently disclosed that one of its substantial shareholders, Unilever Overseas Holdings B.V purchased 17,023,490 shares, worth ₦204,281,880.00. This is in accordance with the Nigerian Stock Exchange policy on insider dealing.

In a note by Unilever’s General Counsel and Company Secretary, Abidemi Ademola to the Nigerian Stock Exchange (NSE), Unilever Overseas Holdings B.V bought the shares at N12 per share on August 10, 2020, from the Nigerian Stock Exchange (NSE) in Lagos Nigeria.

See more details on the transaction 

Insider Dealing: Unilever Nigeria Discloses 17,023,490 Shares Purchased by Unilever Overseas Holdings

Recently, Unilever Nigeria Plc published its unaudited H1-2020 financial result. According to the report, Revenue sharply declined by 35.9%y/y to N27.3bn, amid the continued negative impact of the management’s decision to tighten credit terms since H2-2019, on the y/y volume growth.

Overall, the company recorded a Loss before and after tax of N566.8mn and N519.1mn respectively (vs. Profit before and after-tax of N4.7bn and N3.5bn respectively in H1-2019).

#BBNaija: Betway Launches New Predict and Win Promo

Esan Bolaji
-
15
#BBNaija: Betway Launches New Predict and Win Promo

Betway, premium gaming and online entertainment brand, and the headline sponsor of Big Brother Naija has launched a new Predict & Win promotion to thrill fans of the show.

The Betway Predict & Win promo plugs into viewers’ love for BBNaija and enables them to turn their passion into fun games with the opportunity to win cash while at it.

Betway Launches New BBNaija Predict and Win Promo

To play the game, viewers of the show will predict the winner of the weekly Arena Challenge to win a share of N5 million. Every week, bettors will get the chance to earn up to 10 points by correctly predicting which Big Brother Naija housemate will win the Betway Arena Challenge. Viewers can also win a grand prize of N3 million if they top the weekly leaderboard.

As Big Brother Naija’s headline sponsor, the betting platform continues to promote a spirit of competition among the housemates, as well as fans and viewers of the show. Betway will also add to the thrill of the BBNaija experience through a variety of gaming activities, both on the TV show and on its platforms – all of which give viewers the chance to play and win.

Ecobank Nigeria Launches Business Banking App – Omni Lite App

Esan Bolaji
-
0
Ecobank Nigeria Launches Business Banking App – Omni Lite App

Ecobank Nigeria has launched an Application for Businesses. Known as the Omni Lite App, it is targeted at enhancing the banking experience of its large pool of Commercial Banking customers.

The Ecobank Omni Lite App is a highly secure, world-class and integrated electronic banking platform designed to help Clients manage their Business accounts online in a secure, flexible, efficient and convenient manner.

Ecobank Nigeria Launches Business Banking App - Omni Lite App
Google Play Store | www.brandspurng.com

It is a fully integrated multi-geography, multi-lingual and multi-currency online, web-based cash management platform. The App is being launched by the Ecobank Group across 33 countries in Africa where the Bank operates.

Speaking in Lagos, Executive Director, Commercial Banking, Ecobank Nigeria, Carol Oyedeji, said the new App is in line with Ecobank’s policy direction to meet and surpass customers’ expectations, noting that it will bring flexibility, safer and convenient banking to the users.

She disclosed that it is available to exist Omni Lite users, urging them to download it from the Apple Store (IOS) or the Play Store (Android).

“With the new Omni Lite App, users can view their accounts and transactions in one place, make payments and pay bills with ease, set up multiple users with different access launch, make and manage loan payment, book time deposits and view exchange rates. This electronic portal also allows customers to manage all their online business, banking transactions and information 24/7.  

With easier navigation and experience that is perfectly suited to smartphones, clients can enjoy features similar to the desktop version.” She stated

The Ecobank Omni Lite App enables faster processing of instructions with loading option or file import for mass payments. It also features a customizable environment with a choice of language, time zone and comprehensive user-friendly navigation menu.

Its state-of-the-art architecture meets international safety standards and it is designed to enhance productivity and manage cash flow. These largely enhance the cash management capabilities of Businesses which include account services, payments, collections, liquidity management, detailed and customisable reports, amongst others.

1...3,8183,8193,820...5,509Page 3,819 of 5,509