Lagos Fashion Design Week 2017: Heineken® set to inspire the world with its first ever African Inspired Fashion Collection

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Lagos Fashion Design Week 2017: Heineken® set to inspire the world with its first ever African Inspired Fashion Collection

Heineken® has proudly announced that it will be supporting the Lagos Fashion and Design Week as headline sponsor of the 2017 edition. This year will be the third consecutive year Heineken will be headline sponsors of the Top number one fashion showcase in Africa which brings together the best in the fashion industry across the continent.

Founded by Style House Files, Lagos Fashion and Design Week, leads the way with initiatives that supports, strengthens and develops the fashion industry. Connecting with over 20 million Pan-African insiders, LFDW features Runway Shows, Fashion Business Series, Fashion Focus Talks, and the #HLFDW After Party. This year’s events will feature an exciting four-day line up themed “Africa: Shaping Fashion’s Future”.

Speaking at the press cocktail to officially kick off this year’s event, Franco Maria Maggi, Marketing Director, Nigerian Breweries said sponsorship of the Lagos Fashion and Design Week is Heineken’s way of inspiring its Nigerian and African consumers to break through every border and open their world to perform their craft and skill to the world.

Franco Maria Maggi, Marketing Director, Nigerian Breweries

“We are excited to be a part of this unique experience once again as Lagos shows the beauty of African fashion to the world and how Africa will shape fashion’s future. We are even more excited to showcase the first ever Heineken® Africa Inspired Fashion Collection at this year’s Lagos Fashion and Design Week, a demonstration of Heineken’s appreciation of African designs and designers, made possible through a collaborative work between the Heineken East Africa team, global Heineken design team as well as the Nigerian team”.

“The same way Heineken has broken borders from its birth place in Amsterdam, Netherlands to 192 countries around the world, is how we see the African fashion industry and its players breaking boundaries to make huge impact around the world. The Lagos Fashion and Design Week is indeed a highly significant platform for Heineken® to support African fashion designers to perform their craftsmanship and make their mark in the fashion industry’’

Omoyemi Akerele, Founder, Style House Files

East African designers set to feature at the Heineken LFDW 2017 were selected through a highly competitive ‘Africa Inspired Fashion Challenge’ which motivated the best and most innovative East African emerging designers to create a truly Heineken inspired African fashion collection.

The two highly talented winning designers, Lulu Mutuli and Azra Walji, supported by the Global Heineken Design Team and LEW design house have created the Heineken Africa Inspired Fashion collection, a unique brand fashion collection, truly Africa inspired, to be showcased at the Heineken LFDW 2017.
Heineken Lagos Fashion and Design Week (HLFDW) is a 4-day fashion event scheduled to hold from 25th – 28th October, 2017 at the Eko Atlantic, Victoria Island, Lagos.

Moët Hennessy Year-to-date sales slump on third quarter supply constraints

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Moët Hennessy Year-to-date sales slump on third quarter supply constraints

Moët Hennessy, the wines & spirits division of French luxury goods maker Louis Vuitton Moët Hennessy (LVMH), said on Tuesday that revenue for the first nine months to the end of September grew 7% to €3.5bn, from €3.2bn in the previous year.

The company which makes high-end luxury goods such as perfumes & cosmetics, fashion & leather goods, watches & jewelry noted that despite a 7% growth in the wines & spirits business group, it trailed all other business categories that recorded double-digit growth.

LVMH blamed the single-digit performance in the wines and spirits category on a third quarter supply constraint.

Total LVMH group sales for the first nine months stood at €30.1bn, a 14% lift from the previous year. In the third quarter alone, the group recorded 14% growth in sales to €10.38bn ($12.18bn).

Despite the wines & spirits constraints, the firm said that Champagne volumes grew 4%, with particular strong demand in Europe and Japan. Hennessy Cognac recorded 9% growth year-to-date.

Looking forward, the group said it will continue to be vigilant and pursue its strategy based on innovation and targeted geographic expansion in the most promising markets, adding that it will rely on the power of its brands and the talent of its teams to further extend its global leadership in the luxury market in 2017.

 

 

SOURCE: http://beverageindustrynews.com.ng/index.php/2017/10/11/moet-hennessy-year-to-date-sales-slump-on-third-quarter-supply-constraints/

Nigeria’s Active Mobile Network Subscriptions Now 139 Million

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Nigeria’s Active Mobile Network Subscriptions Now 139 Million

The number of active mobile network subscribers in Nigeria has increased slightly to 139,444,227 in August from 139,144,705 that was recorded in July.

The monthly Subscriber Technology Data published on the website of the NigerianCommunications Commission (NCC) has shown.

The report indicates an increase of 299,522 in August over July.

Description Aug’17 Jul’17 Jun’17 May’17 Apr’17 Mar’17
No.of Subscribers 139,444,227 139,144,705 143,064,490 145,350,702 149,249,510 152,467,198
Teledensity(%)* 99.6 99.39 102.19 103.82 106.61 108.91

*Teledensity is calculated based on a national population of 140 million. According 2006 Last Census Population Figures.

MTN Nigeria still has the highest market share with 36.10%. Globacom is closely followed by Airtel with only 2.23% ahead.

Description Airtel 9mobile Globacom MTN
No. of Subscribers 34,321,613 17,349,731 37,304,367 50,051,572
Percentage(%) 24.60% 12.50% 26.83% 36.10%

Displaying Market Share Brand Spur Telecoms.JPG

Voice over Internet Protocol (VoIP) for August stands at 56,900, compared to 53,297 for July showing an increase of 3, 603 while Fixed Wire Less for August is 142,478 and 142, 262 in July recording an increase of 216.

The subscription rate for 217,566 Mobile Code Division Multiple Access (CDMA) users for August is as the figure for July to underscore the stale growth for CDMA. Teledensity for August is 99.60 and July is 99.39 recording an increase 0.21.

However, Connected Lines of 236,603,992 million is recorded for August while 237,629,645 million is for July indicating a decrease of 102,565.3.

For CDMA in August and July, the figure is 3.586.095 million. The number of fixed wireless for August is 375,740 as against 376.437 in July showing a decrease of 697.

According to NCC, Voice over Internet Protocol (VoIP) for connected lines in August is 203,232, while that of July is 190,450 recording an increase 12, 782.

 

 

POPULAR FASHION TRENDS IN IBADAN

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POPULAR FASHION TRENDS IN IBADAN

The dynamic nature of fashion has made it challenging to keep up with its ever-changing trends, but Ibadan has never let us down in that area. New and different trends are being rocked many individuals, ranging from hairstyles, accessories, clothes to footwear, be it male or female.

Here are some of the popular trends in Ibadan.

1. JEANS

Jeans is one of the trends that would never die. Worn by everyone; children, teenagers, youths and adults, it isn’t age restricted. It can be combined with any top or shirt with or without a jacket. Anything goes when you are wearing a pair of jeans. It could be a faded, acid wash, ripped or regular pair of jeans.

2. BODYCON DRESSES

Those body hugging dresses that show off your beautiful curves, it is characterized by its ability to stretch. Mostly young ladies are spotted in this beautiful outfit. They are usually available in stretchy fabrics like viscose, neoprene or silk woven with Lycra, some are also available in stretchy cotton. For those that do not know, body-con is short for body conscious.

3. SLOGAN T-SHIRTS

Wearing a slogan t-shirt is cool, especially if what is written on it is humorous. It can be worn by anyone and can also be paired with different clothing and accessories to give either a casual look or laid-back office look. Don’t just wear slogan t-shirts to look fashionable or make a statement, knowing the meaning is quite important to avoid being a fashion fail.

4. ANKARA

The African print, commonly known as Ankara is usually identified with Africans, mostly Nigerians, this is so ironical as its origin is Europe and was formerly known as Dutch wax print. This fabric is very common in Ibadan, asides being used to sew traditional outfits, Ankara can be sewn different styles to fit different occasions. This gorgeous fabric is used to make dresses, trousers, jackets, tops, bags, shoes and even used to design jewelry.

5. SNEAKERS

These are a yes anytime. Their comfort and convenience are what makes them one of the trends you can’t do without. Sneakers got their name because their rubber soles let the wearer “sneak” around quietly.

6. GLADIATOR SANDALS

These sexy footwear is one way to show of your well-manicured and beautiful toenails. Gladiator sandals are very flattering for your feet and are a fashionable way to air your feet after all those times spent in boots, sneakers and cover shoes. They come in flats or heels and short or long straps. Anyone can rock a pair of gladiator sandals.

7. BEADED JEWELLRY

It could be a complete set or separate pieces of jewellery. Beaded jewellery can be worn anywhere; church, weddings or even a simple beaded bracelet or necklace can be thrown on to give a casual look.

8. SCARVES

Scarves come in different styles; square which is usually in silk, oblong which has printed designs and are seen mostly on our Islamic sisters who use it to tie their beautiful# hijabs, cashmere which usually wrapped round the neck or shoulders, infinity which is usually knitted and many more.

9. PATTERN BRAIDING

Gone are the days when you do a regular Ghana weaving, now women are becoming really creative, forming patterns with their braids, some are even braided to look like baskets. Different colours of hairs extensions are sometimes added to give it a more artistic look.

10. WEAVE-ONS AND WIGS

Women all over Ibadan would agree that these are saviours, especially when you are confused about what hairstyle to rock. Whether synthetic or human hair, fixing a simple weave-on or a putting on a wig is less stressful than sitting in the saloon for hours braiding your hair. They come in quite handy and cause little stress when choosing a style, although the varieties flooding the market are making it a little tough.

All these trends come together to create very stylish and eye-catching looks that become a solid foundation for creating styles that do not fade with time, proving that Ibadan is a place to learn a thing or two about fashion. The trends keep coming and going but Ibadan has shown us that a few tricks can make them stay a bit longer, let’s watch out as Ibadan continues to bring a new light to fashion.

 

Written by: Ugochukwu Ifunanya (300-level student of Computer Science, University of Ibadan, who has a great passion for writing. I love rock, country, jazz and classical music. My hobbies are dancing, reading novels and poems, singing, physical exercise and acting drama.)

 

Compiled and Culled from: IbadanInsider

 

 

 

MTN explains decision to partner Arsenal for football clinic

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MTN explains decision to partner Arsenal for football clinic

Telecommunications outfit, MTN has expressed optimism that the recently concluded Arsenal/MTN Football Clinic will contribute to the development of grassroots football in Nigeria.

The company’s General Manager, Consumer Marketing, Richard Iweanoge explained that the just concluded three-day football theoretical and practical sessions, which had former Arsenal legend, Ray Parlour, as well as other members of Arsenal’s technical coaching crew as instructors, was aimed at improving the technical knowledge of Nigeria coaches and aspiring footbvallers.

The football clinic was held at the Teslim Balogun Stadium, Lagos, with over 30 participants drawn from the local teams in attendance.According to Iweanoge, MTN’s partnership with Arsenal was a practical demonstration of the brand’s commitment towards developing Nigeria’s sports at the grassroots level.

He believes the the football clinic would expose participants to Arsenal FC’s unique approach to football, stressing that the partnership will serve as a platform for the club to further connect with football lovers across the country.

“Football is a core part of our lives as Nigerians and for MTN as a brand, we are always on the lookout for exciting ways to reach out to our subscribers. That was why we went on this partnership with Arsenal and we are excited because this is the beginning of greater things to come,” he said.

Speaking on the Football Clinic, Azizat Ogunsanya, Coach of Soccer Star, a grassroots Football Academy based in Ilesa, Osun State, who was one of the participants, expressed satisfaction at the quality of the theoretical and physical sessions and commended MTN for facilitating the capacity building workshop.

“I am excited to be a part of this coaching clinic and I really appreciate MTN for this opportunity. There are so many challenges that come with being a coach, especially female coaches like me that coach male teams, but I am optimistic that this clinic will expand my capacity and make me a world class coach,” she said.

The MTN/Arsenal Football Clinic comes as part of the exciting benefits of the strategic partnership struck earlier this year by the telecoms company, MTN and the London based Arsenal FC.

 

 

SOURCE: https://guardian.ng/sport/mtn-explains-decision-to-partner-arsenal-for-football-clinic/

 

YabaTech produced 50,000 Graduates in 70 years, says Rector

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YabaTech produced 50,000 Graduates in 70 years, says Rector

The Yaba College of Technology (YabaTech) says it has produced more than 50,000 graduates to close the skills gap in the country in its 70 years existence. Dr Margaret Ladipo, who is the 11th Rector of the college, told a media briefing on the 70th anniversary of the institution and the 2017 convocation on Thursday in Lagos.

A total of 7,021 graduating students, comprising of 2,560 with Higher National Diploma and 6,461 National Diploma students will be awarded certificates on Oct. 19. Established by the colonial masters in 1947, the institution was known as Yaba Technical Institute. Ladipo said it was time to roll out the drums for the 70 years of producing skilled and self-reliant graduates for the country.

She said the institution which was established in 1947 with only 400 students, now has more than 25,000 students enrolment with about 70 accredited programmes. “The college started with the training of artisans but has transformed into the best college of technology in the country. “I am glad to announce to you that the college is 70-years-old; the story of this great institution is brighter and it is testimony about that life is not its length but its quality.

“These past 70 years, we have concentrated only on the things that are truly important; investing in human capital and it is the time to roll out the drums to thank God,’’ said a jubilant rector. Ladipo highlighted activities lined up for the anniversary including Jumat service and inter-denominational service, a national workshop by the alumni association on “Business Financing in a Growing Economy” and a convocation lecture entitled, “Repositioning Science and Technology Education in Nigeria for Global Relevance’’.

The rector described the college as a brand name that had remained the best in the technical and vocational education. “This college has produced many great personalities like the late retired Admiral Augustus Aikhomu, former President Olusegun Obasanjo among others; so, YabaTech has impacted on this country and all over the world,’’ she said.

Ladipo added:“The anniversary has a vital message which is most attractively set forth, it is that ‘The Best Is Yet To Come’. “For Yaba the Great, it has been a long tortuous journey through rough winds and swelling tides. “It is not in vain that other institutions look with reverence in the direction of the college as a patriarch.’’

 

SOURCE:  https://www.vanguardngr.com/2017/10/yabatech-produced-50000-graduates-70-years-says-rector/

Retail In Africa: Art and Science of Social Selling In The Digital Era

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Retail In Africa: Art and Science of Social Selling In The Digital Era

Social networks have proven their effectiveness in digital marketing and brand promotion through all these years. The use of the social networks in the election campaign by President Barack Obama has revealed the reach of the promotion through the social networks. Digital marketing, communication and the timely dissemination of relevant information is evolving beyond anything previously available or conceivable and will continue its development.

Social media is used by more than two billion people each day, making it the most important emerging marketing forum, according to Tomer Garzberg, a messiah of the potential of online interaction.

With a population of over 191,835,936 people, Nigeria has approximately 91,598,757 Internet users according to reports from NCC for June 2017, with 16,000,000 Facebook users. The mobile penetration has also continued to rise with the influx of more android year after year.

That said, the statistics above shows clearly why businesses in Nigeria need to take seriously their digital retail strategies and become active social sellers.

Before drilling down into how the art of social selling in the digital world works, here is a definition of the concept, for those who are less familiar with it.

Koka Sexton, Global Senior Social Marketing Manager at LinkedIn, said it best: “Social selling is the process of using your professional brand to fill your pipeline with the right people, insights, and relationships.”

Social networking is now viewed as a legitimate means of strategic marketing. Has your company thought of How their sales are impacted by the development of new social media and viral marketing tools?

I usually come across busy executives who often see social media as time-wasting and think of it in terms of reducing productivity and not as a marketing tool.
Let’s get this straight, as more e-consumers become digitally savvy, businesses need to shift both their approach, strategies from being traditional to being digital.
Around 50% of businesses in Nigeria are currently using social media or viral marketing as their primary marketing driver, however, predictions by digital experts show that this percentage will continue to increase so far e-consumers stay glued to their phones, and what to make decisions on the spot.

What businesses must understand about this age is that there are revolutionary developments going on and they need to be paying more attention to them, as well as learning new selling skills to take advantage of this growing phenomenon as the sales cycle in most industries is certainly being impacted.

Sales strategies are becoming more conversational as social media marketing unfolds.
I’ve studied and taught many areas of social selling to brands and individuals which has been so helpful in the world of professional selling. The consequences of not using proper social selling dynamics in your sales interactions are severe, and most of us don’t even know we’re doing anything wrong because we haven’t been taught.
The advocacy here is not to suggest that traditional stores or strategies of marketing are not suitable, but rather that businesses need to understand whether their products can be seen as more attractive to their customer if their customers are digitally savvy by taking the product to the customer in a manner that is attractive to them.

If you are in sales, it is time to get your social CRM software and start Social Selling!

Here are some keys to get you started!

* Get on Twitter, Facebook, and Instagram–build an audience
* Be natural. This attracts people that will want to buy from you
* Monitor and be responsive to requests you can help with
* Get all your existing clients into your social network

Do you agree with the effect that Social Networking is shifting the way we should approach Sales?

 

 

Written by: Ayeni Ekundayo

Culled from: http://independent.ng/art-science-social-selling-digital-era/

Emzor Brand Ambassador Oshoala Champions Girl-Child Education, Plans Girls Football Competition

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Emzor Brand Ambassador Oshoala Champions Girl-Child Education, Plans Girls Football Competition

Super Falcons and Dalian Quanjian of China star forward, Asisat Oshoala, has called on parents to give their girl children a chance to pursue their passion in sports alongside education.

Speaking after paying a courtesy visit to the head office of Nigeria’s foremost indigenous pharmaceutical company, Emzor Pharmaceutical Industries Limited, in Lagos during the week, Oshoala who is a brand ambassador of Emzor Paracetamol, said the notion that the girl-child’s place is in the kitchen is outdated and counterproductive as girls has the innate God-given qualities to excell on several fronts.
“I’m here to show my appreciation to Emzor Pharmaceuticals for their unflinching support and their belief in the development of the girl child, which I am one.
“I want to appeal to all our parents out there to give their girl children the chance to explore their passion in sports even as they endeavor to give them good education. There is need to change the notion that a girl’s place is in the kitchen.
“Girls have the capacity to succeed on several fronts and still keep a good home. I am a girl too.,” said the female Nigerian international and former Arsenal Ladies of England star.
In her own speech, the Group Managing Director/CEO of Emzor Pharmaceuticals, Dr. (Mrs.) Stella Chinyelu Okoli reiterated Oshoala’s opinion while thanking her for being a good Brand Ambassador adding that Emzor Pharmaceuticals will remain committed towards positively impacting the lives of children, especially the girl child.
“We am happy to welcome Oshoala home as champion at this point in time and Emzor Pharmaceuticals is proud to be associated with her.
“Girls need to be encouraged to go into sports even as they go to school. Education and sports is a win-win combination for every girl child. Oshoala is God’s gift to Nigeria and the world at large. She is a role model for millions of girls around the world.
“This is just the beginning for her. She did well while with Arsenal in England and is now doing well for her club in China. I pray God will continue to lift her even higher,” Dr. (Mrs.) Okoli summed up.
Oshoala’s Dalian Quanjian have been crowned champions of the 2017 Chinese Women’s Super League with Oshoala emerging the league highest goalscorer with 18 goals.
The two-time African Women Player of the Year winner is planning to work with Emzor towards organizing a football tournament for secondary school girls in Lagos State. Oshoala says international football scouts will be on ground to watch and pick the best legs amongst the girls for club contracts abroad.
Other top dignitaries at the event include the Chairman of Emzor Pharmaceuticals ,Mr. Emmanuel Okoli; MD USP Brand Management Mr. Muyiwa Kayode; Brand Manager, Mr. Ndubuka Emmanuel and President, Women in Sports (Lagos) Mrs. Tayo Popoola.
Culled from: https://www.completesportsnigeria.com/oshoala-champions-girl-child-education/

 

BROKER PERFORMANCE REPORT: TOP TEN STOCKBROKERS FOR THE WEEK (09/10/2017 – 13/10/2017)

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BROKER PERFORMANCE REPORT: TOP TEN STOCKBROKERS FOR THE WEEK (09/10/2017 – 13/10/2017)

The Nigerian Stock Exchange released the list of top ten Brokers performance for the week (09/10/2017 – 13/10/2017).

Top 10 Brokers by Volume

Rank Broker Description Quantity % of Volume
1 SISB STANBIC IBTC STOCKBROKERS LIMITED     849,977,917.00 27.33
2 IONE INVESTMENT ONE STOCKBROKERS INTL LTD-BRD     439,525,150.00 14.13
3 CSSL CARDINALSTONE SECURITIES LIMITED     234,821,806.00 7.55
4 EFCP EFCP LIMITED     211,233,303.00 6.79
5 RSNL RENCAP SECURITIES (NIG) LIMITED       91,091,044.00 2.93
6 MCSE MORGAN CAPITAL SECURITIES LIMITED       90,458,200.00 2.91
7 CSL CSL STOCKBROKERS LIMITED       89,172,449.00 2.87
8 CHDS CHAPEL HILL DENHAM SECURITIES LTD – BRD       60,403,150.00 1.94
9 READ READINGS INVESTMENTS LIMITED – BDR       54,335,980.00 1.75
10 MERI MERISTEM STOCKBROKERS LIMITED       49,668,995.00 1.6
Top 10 Total Volume  2,170,687,994.00 69.8

NOTE: The top 10 Stockbrokers are responsible for 69.80% of the total volume between 09/10/2017 and 13/10/2017

Top 10 Brokers by Value

Rank Broker Description  Value  % Value
1 SISB STANBIC IBTC STOCKBROKERS LIMITED    4,175,440,740.42 15.46
2 RSNL RENCAP SECURITIES (NIG) LIMITED    3,349,894,889.90 12.4
3 CSL CSL STOCKBROKERS LIMITED    3,151,421,032.25 11.67
4 CHDS CHAPEL HILL DENHAM SECURITIES LTD – BRD    2,367,663,684.34 8.77
5 EFCP EFCP LIMITED    1,886,040,189.53 6.98
6 WSTC WSTC SECURITIES LIMITED    1,539,512,473.86 5.7
7 CORD CORDROS SECURITIES LIMITED – BRD    1,348,956,700.43 4.99
8 IONE INVESTMENT ONE STOCKBROKERS INTL LTD-BRD    1,337,019,997.88 4.95
9 CSSL CARDINALSTONE SECURITIES LIMITED       706,218,848.29 2.61
10 ARMS A.R.M SECURITIES LIMITED – BRD       563,042,098.15 2.08
Top 10 Total Value   20,425,210,655.05 75.62

NOTE: The top 10 Stockbrokers are responsible for 75.62% of the total value between 09/10/2017 and 13/10/2017

Urban food markets in sub-Saharan Africa will weigh $300 billion by 2030 (FAO)

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Urban food markets in sub-Saharan Africa will weigh $300 billion by 2030 (FAO)

 The value of urban food markets in sub-Saharan Africa (SSA) could rise to $300 billion by 2030, against $150 billion in 2010. This was revealed by the UN Food and Agriculture Organization (FAO) in its “State of Food and Agriculture 2017” report.

The growth will mostly be driven by an increase of Africa’s urban populations.

Indeed, according to the report, the continent, which already has the world’s fastest urbanization rate, should see its number of urban residents soar to 770 million in 2030, against 470 million in 2015.

This trend will be particularly pronounced in East Africa where 26% of the population already lives in urban areas, and West Africa also where urban populations represent 45% of the total populations. Nigeria which already has 88 million urban residents (out of an overall population of 170 million people), could have by 2030, 160 million urban residents, and 350 million, by 2050.

According to the FAO, this demographic boom in urban areas is related to per capita income which has over the past years considerably changed the consumption habits of SSA’s populations.

Indeed, demand for cereals or roots and tubers has decreased while consumption of fish, meat, eggs, dairy products, vegetables, fats, and more generally processed food products, has increased significantly.

The UN institution believes that in Eastern and Southern Africa, the share of urban consumers in the purchase food markets is already 52% which is expected to soar to 67% by 2040.

 

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