Business

FIRSTBANK ‘VYBES’ NIGERIANS ALL THROUGH DECEMBER

Published

4 years ago

December 20, 2019

FirstBank has announced its sponsorship of an array of initiatives to empower the society as well as promote the growth and development of entertainment genres including music, fashion and arts in the country. The yearly partnership tagged FirstBankIssaVybe which kicked off in 2018, is designed by the Bank to create an enthralling and enabling experience for Nigerians especially the young ones in the Yuletide season to bond with family and friends, whilst connecting with their favourite superstars.

From the exciting Alternative Sound 4.0, held at Terra Culture on 5 December 2019 to the unforgettable “An Evening with FBNHoldings” held on 13 December, 2019 to the pleasure overload of Island Block Party at Oniru Lagos on 14 December, lucky customers and followers of the Bank’s social media handles were given free tickets to have loads of fun!

Also, in the bouquet of fun extravaganza was Teni – The Billionaire Experience musical concert held at Eko Hotel on Monday, 16 December 2019 which had many customers thrilled to the finest of tunes by the Billionaire crooner and other guest artistes present.

Youth and teenage fashion lovers are not left out; as with Street Souk, they were exposed to the current trends in the world of creativity in the fashion industry. The event held on Wednesday, 18 December 2019. Keen on getting exposed to the best and latest designs, wears and fabrics in fashion, then the African Fashion Week Nigeria would be your port of call. The event, billed for 20 – 21 December 2019 attracts leading players in the fashion industry and promises to deepen the fashion appetite and interest of participants.

On the 27^th of December, it would be the turn of Davido’s Good Time Concert to take Centre Stage and provide opportunities for FirstBank customers to win tickets to have a good time this season. FirstBank will then round up the year in grand style with the much anticipated concert with the Future Live in Concert scheduled for 29 December 2019 at the Eko hotel.

On the Bank’s commitment to vybing the society in December, the Group Head, Marketing & Corporate Communications said “2019 has indeed been a significant year for the FirstBank family being our 125^th –anniversary with the celebratory theme ‘Woven into the Fabric of Society’. DecemberIsAVybe is an avenue for us to appreciate our stakeholders for their support by promoting and providing opportunities to grow entertainment industry and empowering young people as jobs are created in this period. It’s an opportunity for those who cannot afford passes to attend key events through giveaways. It is our way of further showing that we are indeed well woven into the fabric of society.”

To win tickets for any of these events, join the conversation ‘#DecemberIsAVybe’ by following FirstBank on any of its respective social media handles; @firstbanknigeria on Instagram; @firstbankngr on twitter and FirstBankofNigeriaLimited on Facebook.

Business

Why You Should Patronize dElite Couture

Published

5 hours ago

December 6, 2023

Sahara Weekly

Why You Should Patronize dElite Couture

Arguably, one of the leading Couture in Nigeria is dElite Couture. Owned by delectable Oluwatosin Afeniforo, its a haven of fashion and more.

Known for trendy styles and quality services, celebrities and dignitaries are finding dElite as the place to be for top-notch fashion styles.

A trial is enough to convince anybody that dElite couture is the place to be where fashion is concerned.

Business

Naira Recovers Against Dollar, Sells At N806.73/$1

Published

15 hours ago

December 6, 2023

Sahara Weekly

Naira Recovers Against Dollar, Sells At N806.73/$1

For the second time this week, the naira appreciated significantly against the United States dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s official exchange rate window.

The naira recovered from N837.77/$1, on Monday, to N806.73/$1, on Tuesday, after it slumped to N927.19/$1 on Friday, December 1, 2023 at the official market.

According to Data from FMDQ Securities Exchange, a platform that oversees foreign exchange (FX) trading in Nigeria, the rate recovered from the N830.90/$1 it opened on Tuesday to close N806.73/$1, thereby, gaining by N24.

The recovery was against the report of the National Bureau of Statistics ‘Foreign Trade in Goods Statistics (Q3 2023),’ report that Nigeria’s foreign trade in the third quarter of 2023 rose by 53.16 per cent year-on-year to N 18.80tn.

According to the report, crude oil revenue surged by 83.23 per cent to N8.54tn in the quarter under review. In the third quarter of 2022, total crude oil sales amounted to N4.66tn.

Buoyed by an increase in trade activities in the period, total exports increased by 60.78 per cent to N10.35tn.

The report, released on Monday, read in part, “Nigeria’s total merchandise trade stood at N18.80tn in Q3, 2023. The value indicates an increase of 54.62 per cent over the amount recorded in Q2, 2023 as well as by 53.16 per cent when compared to the value recorded in Q3 2022.

“Total exports accounted for 55.02 per cent of total trade in the reviewed quarter with a value of N10.35tn, showing an increase of 60.78 per cent and 74.36 per cent over the value recorded in the preceding and corresponding quarters respectively.

“Exports trade in the third quarter of 2023 was dominated by crude oil exports valued at N8,535.61 billion representing 82.50 per cent of total exports while the value of non-crude oil exports stood at N1.81tn accounting for 17.50 per cent of total exports; of which non-oil products contributed N677.57bn or 6.55 per cent of total exports.

“On the other hand, the share of total imports accounted for 44.98 per cent of total trade in the third quarter of 2023 with the value of imports amounting to N8.46tn in Q3, 2023. This value indicates an increase of 47.70 per cent and 33.33 per cent respectively over the value (N5.73tn) and (N6.34tn) recorded in the preceding and the corresponding quarters of 2022.”

Business

Lagos Task Force dislodges Ikorodu roadside traders

Published

18 hours ago

December 6, 2023

Sahara Weekly

Lagos Task Force dislodges Ikorodu roadside traders

In its continuous efforts to rid the state of the menace of street trading, operatives of the Lagos Environmental Sanitation Corps and the Kick Against Indiscipline, on Tuesday, dislodged roadside traders around Aunty Kenny in the Agric area of Ikorodu.

A statement by the Lagos State Ministry of the Environment and Water Resources said the dislodgement was part of measures to sustain zero tolerance for street trading in the state.

It read, “Operatives from the LAGESC/KAI on Tuesday dislodged recalcitrant street traders on the kerb at Aunty Kenny Agric on lkorodu Road as part of measures to sustain the zero tolerance for street trading.”

Similar enforcements were carried out on Monday at Oshodi-Mushin Road, Ojuelegba Road, Yaba-Muritala Muhammed Way, Oyingbo under the newly constructed bridge, inner and outer Marina-CMS, Victoria lsland and Lekki areas of the state, following directives of the Commissioner in the ministry, Tokunbo Wahab.

According to a statement, many of the defaulters were arrested in the course of enforcement and taken to the LAGESC/KAI headquarters where they were handed over to the appropriate section for interrogation and prosecution.

The commissioner also gave directives to operatives of LAGESC/KAI and other related agencies to sustain the dislodgment and ensure that the traders do not return to the areas

@Punchng