Residents of Osun, Oyo, Ondo states paid the lowest price to refill a 5 kilogramme (5 kg) of cooking gas than their counterparts around the country in February, National Bureau of Statistics (NBS), said in a report.
The comparison is based on the latest“Liquefied Petroleum Gas (Cooking Gas) Price Watch for February’’ released by the bureau, in Abuja, on Thursday.
The report stated that residents in the states – Osun, Oyo and Ondo – refilled 5kg cylinder for cooking gas for N2, 393.75, N2, 376.47, and N2, 372.73 respectively.
It stated that states with the highest average price for the refilling of a 5kg were Edo with N3,030.00; Abia, Akwa Ibom, Bayelsa, Cross River, Zamfara, Rivers and Kebbi with N3,000 and Delta 2,984.62.
According to the report, the average price for the refilling of 5kg cylinder for gas increased by 5.48 percent in the month under review.
The report stated that the gas increased by 5. 48 percent month-on-month and 45.59 percent year-on-year to N2,708. 38 in February from N2,567.56 in January.
Similarly, the report stated that average price for the refilling of a 12.5kg cylinder decreased by 2.95 percent month-on-month and 45.49 percent year-on-year to N5,345.87 in February from N5,508.16 in January.
According to the report, the highest average price for the refilling of a 12.5kg cylinder are Akwa Ibom, Cross River, Edo, Kebbi, Rivers Yobe (N6,000.00), Delta (N5,923.08) and Borno (N5,833.33).
“States with the lowest average price for the refilling of a 12.5kg cylinder were Lagos (N4,797.22), Ogun (N4,777.28) and Oyo (N4,322.22).’’
Meanwhile, in a latest Premium Motor Spirit (Petrol) Price Watch for February also released by NBS, the average price paid by consumers for petrol increased by 50 per cent.
The report stated that petrol increased by 50 per cent year-on-year and 0.7 per cent month-on-month to N149.8 February from N148.7 in January.
It stated that Yobe, Sokoto and Taraba sold the product higher than the official pump price of N145 per litre.
“States with the highest average price of petrol were Yobe, which sold it for N177; Sokoto sold for N162.1 while Taraba sold for N161.7.
“States with the lowest average price for the product were Lagos State, which sold it for N144.9; Delta, N144.8 and Osun sold for N144.7.’’
Fuel prices were collected across all the 774 local government areas and the FCT.
The prices were collected from over 10,000 respondents and locations and reflect actual prices households stated they actually bought those fuels together with the prices reportedly sold by the fuel suppliers.
The average of all these prices is then reported for each state and the average for the country is the average for the state.
MultiChoice has launched a new loyalty programme called DStv Thanks across the rest of Africa – excluding South Africa – with DStv subscribers who will be getting access to additional TV channels for free, if they remain subscribed for at least 3 months.
MultiChoice that doesn’t currently have plans to introduce DStv Thanks in South Africa, is implementing the new loyalty programme as only South African DStv subscribers will see price hikes introduced from 1 April, with no apparent DStv and GOtv subscription increases for the most of Africa this year besides minimal price increases for Namibia, Botswana and Swaziland.
MultiChoice Africa is feeling the pinch and churn as subscribers in stalling economies from Zimbabwe to Kenya and from Botswana to Nigeria have been vocal about their struggles to afford DStv and GOtv.
At the same time pay-TV rivals from China StarTimes to Zuku TV and Econet Media’s newly introduced Kwesé TV are all ferociously competing to sign up and retain subscription television customers in Africa’s growing direct-to-home (DTH) satellite TV market.
With Tim Jacobs gone as MultiChoice Africa CEO and replaced by Brand de Villiers in the position since January this year, MultiChoice’s African division has now launched DStv Thanks and GOtv Wow to reward subscribers who remain connected to DStv and GOtv for at least 3 months.
According to MultiChoice the first reward is access to additional entertainment TV channels – like for instance Zee Bollymovies, Viasat Life and AfricaXP’s new male-focused Trigger channel – offered for free to subscribers in various African countries who remain connected for 3 months or longer. There will also be “monthly airtime bonuses”.
“When putting together this rewards programme, we analysed the best global rewards practices, as well as what our customers love about the DStv brands,” says MultiChoice in a statement slightly adjusted per African country where DStv Thanks was announced.
“The rewards offered had to provide greater value to our loyal customers beyond the normal, while also providing more motivation to stay loyal to our platform”.
“We’re confident that the rewards we have lined up for DStv Thanks now and in the future will not only enhance our customers’ television viewing experience but also solidify their connection to our platforms.”
Nigeria’s position as the entertainment capital of Africa has often been demonstrated with the global success of our film industry, Nollywood, and music. But a third contributor, Comedy, is now about to get up and take its place.
As Nigerian comedians continue to build a thriving industry out of little, consumers have come to embrace Nigerian comedy as preferred entertainment content, causing revenues to grow up to the billion naira mark in the past five years, and influences on music, movies, public relations and advertising skyrocketing.
According to pioneer stand-up comedian Ali Baba, the industry is now estimated to be worth around 1 billion naira, as of December 2016.
The industry will now welcome its first festival, a much-needed platform to discuss past, present and future issues and opportunities, showcase talent, celebrate legends, buy and sell, and teach.
Eko Comedy Festival, so named because of its Lagos origin, will hold in May of 2017, as part of what organisers, First Class Entertainment, say is a timely intervention to restructure the comedy industry, while preparing the market for a future that can see comedy contribute remarkable to Nigeria and Africa’s GDP.
‘Our industry has indeed come of age, thriving through many generations and genres’, says founder Tunde Adewale. ‘ECOFEST is a celebration of the Nigerian comedy industry, and we’re glad that our debut coincides with the 50th anniversary of our host state, Lagos.’
Seems no one wants to be left out of the ponzi scheme, Trustfund has just launched into the market hoping to find members who ‘provide and get help’ from one another until the cycle breaks as usual.
Realistically, no ponzi scheme lasts for too long and there is clearly no guarantee that Trustfund would but it’s promoters claim ‘it is a community of good minded individuals built to foster friendship amongst people via the provision of financial aid to other who are in need of it.’
As usual an investor is expected to pay another individual participant within the community and earn 100% interest on investment withi 1-5 days as stated on the website. While a participant pays another, system matches with other participants willing to to provide you with help as well when once your donation has been certified true and confirmed by the recipient.
Trustfund has several packages where you donate a certain sum and expect return. There is NGN2,000 package, NGN5,000, NGN10,000, NGN20,000, NGN50,000 and NGN100,000 packages.
On the site, you are greeted by an image of Europeans seated in a conference which is certainly not pictures of financiers of the scheme. Trustfund has not declared any business it trades in but promises a bogus 100% ROI.
It is also important to state that Trustfund has no affiliation with Trust Fund Pensions, hence no one should get it twisted unless both companies confirm otherwise.
Although it costs nothing be involved in the scheme at first, but it might cost you eventually as soon as the cycle breaks just like other ponzi which is why they want investors to announce the program to friends and families as referral bonus is also a promise on the side.
The word for the now is ‘ word is enough for the wise.’
Nigerian Bottling Company, NBC, the local bottler of Coca-Cola in Nigeria will be spending huge amount of money to print warnings on bottles of Fanta and Sprite.
Two of its major brands Fanta and Sprite were said to be containing excessive levels of benzoic acid and sunset additives, chemical agents confirmed to be poisonous when consumed with Vitamin C.
A Lagos High Court ruled that NBC must put warning on Fanta and Sprite bottles stating that both soft drinks are poisonous when consumed along with Vitamin C.
The court also affirmed that the National Agency For Food and Drug Administration and Control (NAFDAC) was irresponsible in the handling of the matter. NAFDAC is the government agency meant to check, regulate and sanction all delinquent foods and drug companies in Nigeria.
The lawsuit was filed by a Lagos-based businessman, Dr. Emmanuel Fijabi Adebo, and his company, Fijabi Adebo Holdings Limited, against NBC Plc and NAFDAC. The judge awarded NGN2 million against the agency.
Presiding Judge Oyebanji ruled that:
“The court, in the light of the damning evidence before it showing that NAFDAC has failed to live up to expectation, cannot close its eyes to the grievous implication of allowing the status quo to continue as it is.
“For the reasons herein adumbrated in this judgment, the court hereby orders as follows :
“That NAFDAC shall forthwith mandate Nigerian bottling company to, within 90 days hereof, include on all the bottles of Fanta and Sprite soft drinks manufactured by the company, a written warning that the content of the said bottles of Fanta and Sprite soft drinks cannot be taken with Vitamin C as same becomes poisonous if taken with Vitamin C.
“In consideration of the fact that this case was filed in 2008 and that it has been in court for nine years, costs of N2 million is awarded against NAFDAC. Interest shall be paid on the costs awarded at the rate of 10% per annum until liquidation of the said sum”.
The company has not issued a formal statement on the matter. The cost of printing on all the bottles will be humongous to the company. Fanta and Sprite are two of its key brands distributed across Nigeria in cans, bottle and pet bottles. A recall of all products will also harm its sales and revenue.
Paymatch was launched with the hope of getting members to provide help and get help from one another as it is with other Ponzi schemes.
The scheme offers different packages with promise of 100% returns on investment.
Looking at the ideology behind most of these ponzi schemes,which is to get as many investors as they can to invest their money and pay to the administrators first after which the system begin to match participants to one another until their are no longer new participants to be merged.
Paymatch has several packages where you donate a certain sum and expect return within 7 days or less. There is NGN10,000 package, NGN20,000, NGN50,000 and NGN100,000 packages.
Following the usual procedure of its predecessor, an investor is expected to pay another individual participant within the community and earn 100% interest on investment within 1-7 days as stated on the website. While a participant pays another, system matches with other participants willing to to provide you with help as well when once your donation has been certified true and confirmed by the recipient.”The only thing that PAY-MATCH demands from its participants is to be honest and kind to each other. You ask for monetary assistance when you are in need of it and you provide financial assistance when you are able to do it. The very combination of PAY-MATCH and fair financial system makes this possible for us to establish significant changes in modern world”.says the message on the website
The promoter of the scheme claim ‘PAY-MATCH is a community where people facilitate one another. Paymatch provides you a technical platform that facilitates innumerable participants worldwide to find and connect with the people who would like to extend their helping hand just like yourself to other people in the community who are seeking timely help, and that too for FREE. All transferred funds to different participants are DONATIONS and not investments. You offer your moral gesture to help somebody in NEED. If you’re utterly sure about the basic concept and your actions and made up a decision with sound mind to participate, we kindly request you to dig more information, learn rules, read instructions and warnings first. In case you have more questions about this subject please do not hesitate to contact support and we will be happy to answer. PAY-MATCH works as a community of people who have volunteered to participate in the act of providing each other monetary assistance on the basic principle of gratuitousness, reciprocity and benevolence. In PAY-MATCH you don’t have to be compelled to create contracts or pledge your property. There are not any lenders and no debtors. ”
An individual can be a beneficiary of the scheme if he is among the first 10 people that register on the scheme but you might eventually lose when the cycle breaks and their are no longer referrals or new participants.
It is more advisable to invest your money in a legal business that the profit will come gradually that looking for fast money.
The Google Online Marketing Challenge is a unique opportunity for students to experience and create online marketing campaigns using Google AdWords. Over 110,000 students and professors from almost 100 countries have participated in the past 9 years.
With a $250 AdWords advertising budget provided by Google, students develop and run an online advertising campaign for a business or non-profit organization over a three week period. The teams that develop and communicate the most successful campaigns win awesome prizes, including trips to Google offices. Students also have the opportunity to participate in the optional AdWords Certification category by studying and passing the necessary exams to become an AdWords Certified individual in the Google Partners platform.
The Challenge is open to student teams of three to six members from undergraduate or graduate programs, regardless of their major. All students must register under a verified faculty member, lecturer or instructor currently employed by an accredited higher education institute.
It’s time to put your marketing skills to the test. Visit Discover GOMC to learn more about the Challenge and how to participate.
Competition Process
For more details on each of the steps, please refer to the sections on the left side of this page.
Step 1: Registering for the Challenge. Professors register for the Challenge, verify their account and get approved by Google. Students form teams of 3-6 members and appoint a Team Captain. The Team Captain registers under the verified professor, who in turn confirms each student team by clicking a verification link sent via email after the team registers. See Registration for more information.
Step 2: Accessing Dashboard. Once the professor has received a notification email and has verified the student team, the Team Captain can access the team’s Student Dashboard with the Google account used during the initial registration. Next, the Team Captain can add required information to the dashboard, including the name and email address of all team members, move onto identifying the team’s competition partner and preparing the AdWords Pre-Campaign Report.
Step 3: Selecting a Business. All teams, along with the support of their professors, need to identify a client business or a non-profit organization. See Selecting a Business for more details.
Step 4: Learning about AdWords and the Client. We recommend reviewing the Digital Marketing Course and Educational Resources before getting started. Each student team needs to meet with their business or non-profit partner to determine their goals and to devise their online advertising strategy. The strategy will need to be outlined in the AdWords Pre-Campaign Report.
Step 5: Uploading Pre-Campaign Report and Requesting Crediting. Team Captains must submit their Pre-Campaign Report and request access to their credited AdWords Competition Account in the Student Dashboard prior to the deadline, April 12, 2017 (3:00AM PST). The Pre-Campaign Report must be submitted before requesting access to the AdWords Competition Account, so student teams should plan accordingly, given the deadline. Access to the credited AdWords Competition Account can be requested via the Student Dashboard by clicking on the “Request credit” button that will appear under the Reports & Crediting section after the Pre-Campaign Report has been successfully uploaded. Please note that after requesting crediting, there will be no further opportunity to re-upload the Pre-Campaign Report.
Once the credit request has been verified, within 5 business days the team captain will be sent an email to their Dashboard Account email address with an invitation to access their team’s $250 credited AdWords Competition Account. The team captain will need to click on the link in the email and make sure they are signed into their existing Google Account used to access the GOMC Student Dashboard in order to accept the invitation. Once the team captain has access to the AdWords Competition Account, they may also invite their team members to have access to the account by following these steps.
The 10-digit AdWords CID of the account Team Captains are invited to should match the CID shown in the Student Dashboard. This CID is solely for use in this competition.
Step 6: Running Campaign. Once the student team receives access to their AdWords Competition Account, they can start running their campaign over a maximum period of 31 consecutive calendar days with ads serving and receiving clicks on no less than 7 calendar days and no more than 21 calendar days in total during that time frame. Please note that the maximum 31 consecutive calendar day campaign window begins on the first calendar day the campaign receives a click.
Student teams must manually pause their campaigns in AdWords after the 21st calendar day of the ads serving and receiving clicks, whether the full $250 has been spent or not. Campaigns cannot serve beyond the close of the Competition Campaign Window on May 17, 2017.
For more information on the campaign requirements and disqualification criteria, please see the FAQs and Terms & Conditions.
Note that AdWords Competition Accounts are set to a PT (GMT-07:00) timezone. Please do not change the timezone in your AdWords Competition Account.
Example: If a campaign started serving and receiving clicks on Monday at 9am and finished on Friday at 8am, it means that it ran for 5 calendar days.
Step 7: Writing and Submitting the AdWords Post-Campaign Report/Impact Statement.Team Captains must submit their Post-Campaign Report prior to the deadline of May 31, 2017 (3:00AM PST). If a team chooses a non-profit organization and wishes to be eligible for the AdWords Social Impact Award, they must append an Impact Statement to their Post-Campaign Report.
Only teams that submit the AdWords Pre-Campaign as well as AdWords Post-Campaign Reports will be considered for judging in the AdWords Business, AdWords Social Impact and AdWords Certification categories. Students and Professors will no longer have access to the GOMC Dashboards after May 31, 2017, so please take note of your AdWords CID and any other information you may need before the close of the competition.
Step 8: AdWords Certification Award (Optional). Student teams that wish to be eligible for the AdWords Certification Award must ensure that the AdWords Certification Award box on the Team Details section of the Student Dashboard is checked and all team members are AdWords Certified in the Google Partners platform before May 31, 2017 (3:00AM PST). Please see the AdWords Certification Guidelines for more details on the requirements for this award.
Step 9: Sharing Results and Campaigns with your Competition Client and GOMC Feedback. Once the campaign finishes, you should share the results and your recommendations from the Post-Campaign Report with your Competition Client. If they would like to continue running AdWords, you can use AdWords Editor to export your campaigns and send them as a file to your Competition Client to import to a newly created account owned by them.
Important: The advertiser cannot run any other campaigns in the AdWords Competition Account. The AdWords Competition Account cannot be used beyond the scope of the GOMC.
Also, after the Challenge has ended and you are waiting on the results, Google may contact you to complete an optional post-participation survey. Your feedback is essential to helping us improve the Challenge.
Step 10: Judging and Awards. Google, and a panel of independent academics from all over the world, select the winning teams based on the success of their campaign and the quality of their competition reports. Winners will be announced on the GOMC Google+ page and Competition website in July/August 2017.
If your are an analytics buff, you will be excited to know that Google Data Studio is now available for all Google Analytics users in Nigeria.
In an email statement sent to all Google Analytics users who put in for the beta version, Google said:
“Turn your data into beautiful, informative reports that are easy to read, easy to share, and fully customizable. Data Studio lets you create custom reports with unlimited editing and sharing.
The entire suite will be available to all users for free.
See below benefits of Google Data Studio to your needs
Put all your data to work. Easily access the data sources you need to understand your business and make better decisions.
Transform your data. Quickly transform raw data into easy-to-follow reports and dashboards — no code or queries required.
Build engaging reports and dashboards. Data Studio gives you the ability to create meaningful, shareable charts and graphs that bring your data to life.
Leverage teamwork that works. Work together quickly, from anywhere by sharing reports via Google Drive.
Lagos Media & Photography Expo is a premier event for Media, Photography & Brand Advertising. The Expo provides top-notch strategic information and marketing insight around how to engage customers, manage brand perceptions, empowering your branding plan and open untapped audiences through diverse media channels. A much awaited leading Media & Photography event that connects marketers, brand management practitioners, managers, agencies and social media professionals.
Tools and platforms are the nucleus of best practices in social media branding & marketing strategies, photography technology, new media avenues and much more. It will cover innovative key areas of media strategy and future trends and creates a unique platform that is focused predominantly to this niche segment and creates an environment that enables you to show case your state of the art products to major decision makers.
This event bring together the worldwide media community viz-a-viz media marketing, social enterprise, Customer Relationship Management (CRM), monitoring & measurement, Business to Business (B2B) Relationship, location based marketing, crisis management and much more on global platform.
Why You Should Participate
Connect with top brands industry leaders
Gain valuable insight into this thriving industry.
Ensure effective branding and maximize your business potential.
Debate hot topics and get engaged in the nitty-gritty of the industry’s current issues.
Network at conference + cocktail.
Collaborate in debate led tracks and workshops.
Walk away having built valuable connections feeling truly inspired
Get equipped to implement innovative media strategies for your brand and clients.
Witness presentations from experts in their related fields, interactive presentations, case studies.
Gain opportunity to share research, ideas, and develop working relationships.
The Agrofood and Plastprintpack Nigeria 2017 take place on 28 to 30 March 2017, at the Landmark Centre in Lagos.
More than 100 exhibitors from 19 countries are represented, making it a record participation.
This event is the first ever exhibition filling both halls of the Landmark. For the first time there will be an official German Pavilion featuring 31 German exhibitors.
“This year more than one hundred exhibitors from 19 countries are represented, making it a record participation”, says Leonie Ganser, Fairtrade Project Manager.
“It is the first ever exhibition filling both halls of the Lagos Landmark Centre.”
The exhibitors come from Austria, Benin, Brazil, China, Denmark, Egypt, France, Germany, India, Italy, Kenya, Netherlands, Nigeria, Poland, South Africa, Taiwan, Togo, Turkey and the United Kingdom.
“Highlight of the French Pavilion will once again be the live bakery, a great opportunity for Nigerian entrepreneurs to test the equipment and discuss their investment projects with specialists of the sector,” says Aude Roelly, Adepta Area Sales Manager for Sub-Saharan Africa.
“This year again we will present the strengths of German engineering in Lagos,” says Martina Claus, Head of Market Development Africa, VDMA.
“This event will give an excellent opportunity to meet leading manufacturers of machinery for the production and packaging of food and beverages.”
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
