Business & Economy Archives - Page 30 of 49

Winners Of GPTW Best Companies To Work For 2018 Africa Awards

Winners have emerged at the 5^th edition of the Best Companies to Work For 2018 Africa Awards organised by the Great Place to Work Institute (GPTW) held in Lagos. The event focuses on recognizing exemplary African organizations.

GPTW Institute is a global research firm that assesses companies, based on a trust index survey (employees’ opinion about the workplace) and culture audit (management policies and practices), with the overall objective to promote excellence in the work place. The GPTW Institute operates in 50 countries, including Nigeria.

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Nigeria Wins EMEA Finance Awards [2018]

Nigeria wins awards in three categories for its securities issuance activities in the domestic and international capital markets at the EMEA Finance Awards [2018].

The EMEA Finance awards were for the best sovereign bond in Africa – $3 billion dual-tranche (10 and 30-year) Eurobonds issued in November 2017.

It also won awards for most innovative bond – $300 million diaspora bond issued in June 2017 and best naira bond – ₦100 billion seven-year inaugural Sukuk issued in September 2017.

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Nigerian SWF Ranked Number One In Inaugural African Sovereign Wealth Fund Index

Nigeria has been ranked number one in the first edition of the African Sovereign Wealth Fund Index, polling 62.49 percent to beat Rwanda (62.24 percent) and Ghana (62 percent) into the second and third positions respectively, according to the African Sovereign Wealth Fund Index report released by Konfidants Advisory Group.

The African Sovereign Wealth Fund Index, which measures the size and other variables of the existing 12 Sovereign Wealth Funds (SWFs) on the African continent, put the total assets of these SWFs at about $89 billion.

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Fola Daniel Named Into AIO African Insurance ‘Hall of Fame’ [2018]

Fola Daniel, was at the 45th African Insurance Organisation (AIO) held in Accra Ghana decorated into the African Insurance “Hall of Fame”. The Award, an initiative of the African Insurance Organisation, and in its third edition now recognises individuals and companies for their outstanding contributions towards the growth of the African insurance industry.

Fola Daniel, having won the 2018 edition of the award will be automatically nominated for the Insurance Hall of Fame, which is organised by the International Insurance Society (IIS).

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Winners Of 2018 Lagos Chamber Of Commerce & Industry (LCCI) Awards

Winners have emerged in the 2018 Lagos Chamber of Commerce & Industry (LCCI) Awards held at Oriental Hotel, Lekki Express Way, Victoria Island, Lagos.

The objective of the Annual Commerce and Industry Award is to recognize, promote and celebrate private and public institutions operating in Nigeria for best business sustainability and positive impact on the people/society.

Metrics for Selecting Awardees

Positive Impact on the Society: Affecting society broadly, challenging the status quo, redefining life style, creating wealth and vitality and giving people increased confidence.
Best Practices: Compliance with set standards, regulations, level of disclosure, corporate governance.
Growth Through Innovation: Enhanced product and services through innovation for increased value and facilitate limitless possibilities.
Service Excellence and Customers/Clients Delight.
Business Sustainability and creation of positive legacies

Winners of the 2018 Lagos Chamber of Commerce & Industry (LCCI) Awards

Best Business Television – CNBC Africa
CSR in Education – Nigerian Stock Exchange (NSE)
Best Company in Local Content on ICT – Rack Centre
Best Business Newspaper – BusinessDay
Brand of the Year – Chivita Active Fruit Nectar

The Chamber of Commerce and Industry (LCCI) is the first (since 1888) and the largest Chamber of Commerce in Nigeria with membership strength of over 2,000 institutions spread across all sectors/sub-sectors of the economy. As part of its core mandate of trade promotion and business/policy advocacy, the Chamber organizes deserving corporate organizations, public institutions and individuals who have contributed significantly to the development of commerce & industry on an annual basis.

Air Peace Wins NIPR “National Carrier of Repute” & “Nigerian Crew Member of Repute” Awards [2018]

Air Peace and six of its crew members have been honoured with the Nigerian Institute of Public Relations (NIPR) “National Carrier of Repute” and “Nigerian Crew Member of Repute” awards respectively for delivering flight services with exceptional efficiency.

 President of NIPR, Dr. Rotimi Oladele presented the awards to the airline and its crew members during the annual conference of the Institute in Umuahia, Abia State.  Air Peace, he enthused, had brought honour to Nigeria in the aviation industry and proved that the nation had the capacity to fix its challenges.

Oladele affirmed that the carrier’s on-time performance, customer service, safety and fleet maintenance reputations were unparalleled.  The NIPR boss commended Air Peace’s crew chosen for the “Nigerian Crew Member of Repute” award – Capt. Adesola Arasi, First Officer Violet Enahoro, Ademola Olowolade, Ann Otiede, Yemisi Beckley and Paul Ijeh – for distinguishing themselves in their engagements with members of the flying public.

He justified the choice of Air Peace and its crew for the awards, saying they were practically assessed by NIPR teams without their knowledge.

He said a total of 20 airlines were covertly assessed by the Institute’s teams on board 29 flights and at the carriers’ offices. Air Peace and its crew, he said, emerged winners after securing a total of 67 percent of the votes.

Responding on behalf of Air Peace, its Corporate Communications Manager, Mr. Chris Iwarah assured that the carrier was driven by a passion to project the name of Nigeria globally through exceptional flight services.

From seven aircraft and five routes at launch in 2014, he said Air Peace had increased its fleet to 24 aircraft and taken its flight operations to 12 domestic and four regional destinations.  Iwarah said the airline was set to broaden its regional route network with the addition of Monrovia (Liberia), Lome (Togo) and Abidjan (Cote d’Ivoire) in the next few weeks.  He assured that the airline, which recently set a record as the first Nigerian carrier to acquire a Boeing 777 aircraft for its long-haul operations, would soon prove the mettle of the country on the global aviation scenes with the launch of its Houston, London, Guangzhou-China, Dubai, Sharjah, Mumbai and Johannesburg services.

Mr. Chris Iwarah commended NIPR for rewarding merit, assuring that the awards would spur Air Peace and its crew to further raise the bar of service in the nation’s aviation industry.

Winners Of The Asian Banker – West Africa Awards 2018

Winners have emerged in the Asian Banker – West Africa Awards 2018.

Ecobank Transnational Incorporated (ETI) and its two affiliate countries – Nigeria and Ghana – have emerged winners in three strategic categories of The Asian Banker – West Africa Awards 2018.

The annual awards saw ETI winning the Best Financial Inclusion Initiative Application or Programme with its innovative Xpress Account, while Ecobank Nigeria carted home the Best Transaction Bank in Nigeria, West Africa award. Ecobank Ghana also won in the Best Transaction Bank in Ghana, West Africa category.

ALAT by Wema Bank, won the Best Digital Bank in Africa; the Best Wealth Management Bank in Nigeria went to Standard Chartered Bank while the Best Mobile Payment Service and The Digital Wallet of the Year went to Guaranty Trust Bank, among others.

According to the Chairman, The Asian Banker, Emmanuel Daniel at the Asian Banker – West Africa Awards 2018 ceremony in Lagos:

“These awards are the most rigorous, prestigious and transparent awards programme for financial technology, retail banking and transaction banking in West Africa today. We recognize the deepening and increasing maturity and sophistication of the industry in this region.

Ecobank’s aggressive digital push produced a first innovative mobile payments solution, the Masterpass QR with MasterCard to push financial inclusion in Nigeria through its new, smart, card-less, contactless and cashless payment solution. This bank also launched an integrated electronic banking platform that has on-boarded four million customers within a short space of time”.

In his comment, Charles Kie, Managing Director, Ecobank Nigeria thanked the Asian Banker Award Team for painstakingly creating an opportunity to celebrate hard work by members of the banking community.

Represented by Korede Demola-Adeniyi, Group Head, Personal Banking, the Ecobank Managing Director stated:

“We are using digital technology to combat many of the financial inclusion barriers faced by those on the continent.

I use this opportunity to dedicate this awards to all hard working staff of the Ecobank Group, who have tirelessly worked to see the success of the bank. And also to all Africans who believe in us and have continued to encourage our efforts by adopting our products”.