Current Nigerian Brands News/Promotions

Trending now on promong.com brands connect portal

• GTBank awaits approval to begin operations in Cote d‘Ivoire.
• Food Concepts’ turnover hits N5.9 billion, declares dividend.
• Mainland Park Estate welcomes first landlord among 7,000 subscribers.
• MoneyGram to celebrate Nigeria at 50 in eight countries.
• Afribank plans N3b facility for cement, flour dealers.
• AfDB offers N7.5 billion for FCT bus project.
• SEC approves Unity Bank’s rights offer .
• Metro Taxi Limited introduces new taxi service in Lagos
• Fidelity Bank wins award.
• SNEPCo donates ICT centre to UNAD, trains lecturers.
• Ipwa records N4.44m loss in 2009.
• Staco reiterates commitment to entrepreneurship development.
• Dana Air Nigeria Emerges 2010 Best Airline.
• Resort to fund N60bn housing estates.
• Nigeriashelter.com - an online property marketing portal goes live online
• Cross River, Interswitch partner on e-payment infrastructure.
• Microsoft plans Webfest for indigenous software developers.
• Alumaco repositions, supports Archibuilt 2010.
• Cornerstone‘s underwriting profit rises by 17 per cent.
• Law Union records N294.5m PAT
• Oasis records 34% rise in half-year profit.

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• ARM Properties pays 16k dividend to investors.
• Glo cuts prices of Blackberry devices.
• Etisalat Nigeria subscriber base hits 5m.
• Maltina Dance All 4: New Thrill on TV.
• Nigeria at 50: Vitafoam Rewards Consumers.
• MTN, Others Sign-Up with Z Card.
• Afromedia Boosts Green Initiative with Walkathon.
• iConcepts Launches BlueZone.
• Harambe Nig. Ltd. announces winners for Agric- business competition.
• Peak Begins Talent Show 2.
• MTN Sponsors Festival 50.
• Dansa Boosts Diary Market With Ziza Milk.
• McNichols Introduces Family Custard.
• Dufil Re-introduces Pepper Chicken Flavour.
• Etisalat premiers Nigerian Idol
• Maltina Dance All 2010: Which family will win ?
• Gulder Ultimate Search Show ( GUS )7: The search begins.
• P&G reduces products’ prices
• Fan Milk commences franchise operation to penetrate market .
• BGL floats N2.5bn investment products.
• Food Concept records 49% increase in revenue.
• Canadian Equipment shareholders approve takeover by 4-Way Rentals .
• Stockbrokers list benefits of Dangote Cement, BCC merger.
• Nigeria's Guinness 2010 profit rises 5 percent .

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• Western Union hits 20,000 agent locations.
• Obudu gets Coca Cola support.
• Indian Institute of Hardware and Technology(IIHT) seeks partnership on ICT education
• Weco Systems, Cisco collaborate to enhance business in Nigeria.
• Glo introduces branded version of 3G Internet modem .
• Paga ready to launch mobile money service.
• Starcomms introduces Starvalue phone .
• PM Terminal gets new managing Director.
• CONTINENTAL Reinsurance Plc appoints executive-director.
• Regency Alliance Insurance records N1.5b premium .
• Total spends N1.2tr on deep water project .
• NIPEX to attract over 50 foreign investors.
• EFIna unveils new banking solution.
• UBN stakeholders back recapitalisation option.
• NASCON pays out dividend of N1.3b to shareholders.
• Shareholders caution investors on state bonds as polls draw near.
• Globacom opens new outlet in Ibadan.
• Conoil declares N1bn dividend, targets expansion.
• NEXIM to channel Diaspora resources development.
• PAN takes training to 1,000 roadside mechanics.
• Telecoms subscribers spend N143.05bn monthly on recharge cards – Investigation.
• STACO offers 1.6 billion rights issue to existing shareholders.
• Coscharis slashes spare part prices by 20%
• Rescued banks may have AMCON representatives on their board.
• FG pays SAHCOL workers N563.83m terminal benefits.
• First Bank strengthens operations, makes new appointments.
• Central Bank encourages seamless central switch payment system

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Starting a small scale business -Tips

Every business aspires to grow bigger day by day.Starting a small scale business the right way with the right ideas and strategy will help a lot. Here are a few things to considered before starting out ;

1. Location: The better the location the more attractive it will sound to your customers. If your company is located in a highly commercialized environment, it is likely to attract customers.

2. Have a good financial source: Make sure you have a good financial source. Starting a small business may become crooked if there is insufficient capital. With that your business will not experience set back.

3. Brand image: Make sure you have a good plan of what you want your company to look like. Then give the impression in your business by calling the attention of the buyers and seller with a good brand image. Create an easily recognizable logo.

4. Put all agreements in writing : Every agreement between yourself and workers or contractors should be put in written form.

5. Good Customer Care: Make sure your customer care service line or office is properly organized. Customers are always encouraged when they are properly attended to.

6. Provide customers with the right products or services: If your are a specialist in a particular business, make sure you focus your attention on it and if there are options which you know could be of a support to your business, try as much as possible to add them together.

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Current Nigerian Brands News/Promotions

Trending now on promong.com brands connect portal

• First Funds invests N600m in VT Leasing.
• Signal Alliance, SOFTribe form new IT company
• Intercontinental Distillers Limited doles out N61m to distributors.
• EEPNL/NNPC splashes N10m on PG scholarships.
• Agric fund: CBN releases N70.74bn to banks.
• Starcomms offers lower tariff in Benin, Katsina, others.
• Globacom introduces new tariff.
• Skye Bank redesigns website
• Recapitalisation: Banks not sure of CBN’s deadline.
• Nokia introduces messaging solution to Nigeria.
• UBA commended for Africa’s development.
• Continuous network upgrade boosts Glo 3G Internet service.
• Oil firms to provide further training for 3,000 ex-militants.
• Varsities benefit from NNPC/ESSO UPP facility.
• Lagos awards Bode Thomas road construction to Julius Berger.
• ACBD site to generate N10bn for Ogun State.
• MTN Foundation’s digital laboratory for deaf students.
• FG designates Afribank for UBE funding.
• Recapitalisation: Shareholders fear loss of stake.
• Nigeria’s inflation accelerates to 13.7%.
• Sterling Assurance records 162% increase in profit.
• FMBN: Real estate developers recommend N500bn minimum capitalization.
• Indian companies eye Nigerian IT industry.
• Shareholders approve NASCON‘s 50 kobo dividend.
• Mobil drags host communities to court.
• New regime: GTBank to sell stake in GTA.
• CDMA: Slow growth threatens operators’ survival.
• ‘Zain committed to empowering Nigerians with promo’.
• LNG: Uncertainty over 18-million tonne projects.
• STI, UBA Metropolitan sign MoU on business cooperation.
• Alphamead to manage Afribank’s fair complex.
• Conoil’s profit rises by 27%.
• ExxonMobil pioneers use of Nigeria-made pipes.
• Aero extends the zero naira Eid-el-fitri offer.
• Stacomms introduces lower tariff in some cities.
• Gland Energy, Union Ventures in merger deal.
• Deloitte Touche Tohmatsu declares $26bn revenue in 2010.
• DStv League play off: Pillars begin title defense.
• Bharti outsources IT services in Nigeria, others to IBM.
• SAMSUNG appoints Nigerian new MD.
• COSON to stop free music on air waves.
• MTN advises subscribers to register SIM cards.
• 350 win in Oshiomhole’s Edo4real poverty alleviation promo.
• Nobel Carpets spends N20m to rug FAAN
• Pupils perform better in STAN/Mobil competition.
• Bytesize gets The First Group’s digital account.
• Hennessy Cognac creates Nigeria @50 customized wine sizes.
• Nigeria@ 50: Emzor doles out gifts, free drugs.
• Total reaffirms 2012 date for Usan completion.
• Honeywell Posts N2.33 Billion Profit.
• Neosoft’ll not compromise quality – CEO.
• Toyota to launch six new hybrid cars.
• Heineken Champions Planet in full stretch.

Check www.promong.com for the latest promos and brand news

Nigerian job seekers, exam candidates turn to the Internet

Excerpts from ww2.guardiannewsngr.com

ACCORDING to findings from Google Zeitgeist – a tool that provides insights into global, regional, past and present search trends – The National Drug Law Enforcement Agency (NDLEA) has topped the list of fastest rising searches in Nigeria over the past month, with West African Examinations Council (WAEC) coming in second, as anxious students check their results.

The English Premier League is ninth on the list, as the new season kicks off and football fans flock to the web in search of the latest fixtures and scores.

The NDLEA tops the list because its ongoing e-recruitment exercise is generating a lot of interest. According to the agency, the entire recruitment process will be carried out online on its website.

WAEC has just released the results of the recently concluded May/June 2010 examination online. The 1.35 million candidates that sat for the examinations are clearly making use of the Internet’s convenience as they check their grades online.

Commenting on the August result, Lola Masha of Google Nigeria, said, “It’s great to see public bodies like the WAEC providing exam results online and recruitment exercises of other agencies taking place on the web. The sheer number of searches on both topics demonstrate the great demand for online resources in Nigeria.”

Massive investment in ICT infrastructure in recent times has ensured that Nigerians are gradually closing the technology gap; they are beginning to enjoy increasing access to technology, and making use of search engines such as Google.

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Current Nigerian Brands News/Promotions

Trending now on promong.com 

• Retiree,teacher,others hit wealth in Zain promo.   
• Etisalat's subscriber base hits 5million.  
• 40,000 Starcomms subscribers win airtime.   
• CDMA roaming enhances Starcomms’ rating.
• DSTV mobile adds new channel.        
• Indomie retains Superbrand status. 
• Actis acquires Vlisco Group. 
• Etisalat launches 'Easylife'. 
• Galaxy Backbone partners MainOne on data services to the public sector.
• Indomie re-launches Pepper Chicken flavour to the Market.
• Winners emerge in Coca-Cola's Nigeria at 50 promo.
• IRS offers ticket promo, expands flights operation.
• Aero begins service to Libreville, suspends flights to Kaduna, Jos.
• Starcomms, Multilinks, others lose 1.08 million subscribers in 6 months.
• Indomie to expand local production by 100%.
• Glo to sponsor 202 for Man United games.
• PZ Cussons declares N2.7bn dividend.
• Vitafoam celebrates Nigeria @ 50 with consumer reward promo.
• MTN unveils fast, affordable internet Netbook bundle .
• Prize winners laud Starcomms Hisense promo.
• Ecobank launches ‘rapid transfer’ for trans-border business.
• Winners emerge in Access Bank's - ‘take the lead’ promo.
• Grocery Bazaar opens in Lagos.
• Zain connects customers to Facebook, others via SMS.
• SavingsXtra: Diamond Bank to give out N500m cash reward.
• Samsung entices subscribers with Samsung Champ device.
• Glo honours customers with cars, prizes.   
• DSTV launches new Compact Plus.
• Air Nigeria, Dana celebrate Nigeria @ 50 with passenger packages.
• Oha soup emerges winner of the LG "Life Tastes Good cooking competition".
• Nigeria @ 50: Intercontinental Bank floats essay contest for undergraduates.
• Zain partners Nokia in Independence promo.
• Globacom presents Glo 1 to Port Harcourt.
• Glo to launch Recharge and go to Old Trafford.

Need for Struggling Nigerian Businesses to Consolidate

Like life itself, nothing stays permanent. Same theory goes for business too. Since the 2007 economic downturn, we have seen companies profit nose dive or disappear. Big and small businesses alike were not spared at all. We have heard and seen the reports of strong and weak banks. We are also witnesses to the rapid loss of relevance of the CDMA telecommunication companies due to the unfair competitive advantage the Gsm companies have over them. Even these big Gsm companies have also reported a drop in their profits. On and on the same tale goes on everywhere. It is time struggling businesses come down from their high horse and discuss how to consolidate with their peers in order to face the economic storm with more weight and resources. Otherwise they could just be counting their last days.

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Current Nigerian Brands Promotions

Trending now on promong.com

• Intercontinental Bank, MoneyBox seal mobile money deal.
• Fidelity Bank, Gzi inaugurate manufacturing plant.
• Spring Bank makes network expansion a priority.
• Ramadan Promo : Starcomms Reduces Tariff to N4.
• Mobility Nigeria is giving away a total of three (3) smart phones.
• Dana Air marks independence with promo fare.
• Shoprite Plans 20 New Outlets In Nigeria.
• Mouka unveils online payment platform.
• NIIT to award scholarship to 50 students.
• ZOOMmobile launches free call service.
• Starcomms signs up Main One cable for faster Internet services.
• NigComSat, Zinox, others offer bail-out for INEC’s e-registration exercise.
• Zain to unveil Bharti brand in October, sets CSR as brand driver.
• Who wants to be a millionaire, Project Fame studios relocate.
• Starcomms offers free handset repairs.
• MTN customers on prolink to enjoy free calls.
• Ecobank unveils money transfer product.
• Union Bank rewards customers.
• MTN Foundation empowers 3,000 entrepreneurs.
• Bharti subsidiary, Zain introduces free SMS in Nigeria.
• Fire guts Who wants to be a Millionaire studio .
• UPDC to spend N15bn bond proceeds on high-end properties.
• MTN to lift subscriber base by 21.1 million.
• Linkserve drives Internet access with new initiative.
• Nigerite partners higher institutions on capacity development.
• Nokia unveils double SIM phone.
• Promasidor partners with NRFF- Nigerian Rugby Football Federation.
• PZ introduces canoe wrapped soap.
• DStv League: Teams shoot for play-off tickets.
• Active Pampers Baby Promo now on in SPAR at Park 'n' Shop Lagos.

Check www.promong.com for the latest promos and brand news.

25% Of Malware Spread Via USB Drives

Email and peer-to-peer networks also rank as significant venues for malware attacks, which have increased slightly in the U.S. but declined in Europe, according to Panda Security.

Excerpts from www.InformationWeek.com

Forget the firewall. About 25% of malware today is designed to spread via USB storage devices that connect directly to PCs. The number comes from Panda Security, which recently surveyed 10,470 small and midsize companies -- those having up to 1,000 computers -- in 20 countries. Roughly half said that their organization had been infected by malware at least once in the previous year, and in the United States, 27% said the origin was a USB device.
"Much of the malware in circulation has been designed to distribute through these devices," said Luis Corrons, technical director of PandaLabs. "Not only does it copy itself to these gadgets, but it also runs automatically when a USB device is connected to a computer, infecting the system practically transparently to the user. This has been the case with many infections we have seen this year, such as the distribution of the Mariposa and Vodafone botnets."

Comparatively speaking, Panda found that 21% of malware originated via email and 14% from downloads or peer-to-peer networks. Infection-wise, the report also found that in the United States, the number of organizations reporting a malware infection over the past year increased slightly from 2009 to 2010, from 44% to 46%. In Europe in the same timeframe, however, infections declined from 58% to 49%.
Viruses are still the most seen type of malware, accounting for an average of 45% of the malicious code that makes its way inside the network. Spyware, meanwhile, accounts for 23%. According to the report, however, 13% of small and midsize businesses don't have any security systems in place, with 57% of them saying their organization didn't regard security as a priority. For companies with security in place, they overwhelmingly (97%) do use antivirus software, with about one-third using free antivirus software aimed at home users.

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How Nigerian SMES can compete with Big Companies to win Consumers Attention

All businesses need to advertise their goods and services from time to time in other to win and retain more customers. Apart from one on one field marketing, SMES face huge challenges in utilizing other forms of media such as; the print, radio and television due to the exorbitant cost of these services. But atlas thanks to the advent of the internet. Millions of potential customers are always online at any point in time and the cost of reaching these numerous people is quite cheap depending on your budget.

To get started small businesses would need an interactive website that people could visit, comment and get informed about their services and contact details. Sites like Google ,Yahoo and Facebook also offer advertisement services in which you pay a little fee to get your adverts to a large category of people.

The cost of building a website varies depending on the complexity of the design and/or the experience of the web designer. With a budget of N10,000 to N20,000 any business website could be up and running and driving in sales you would never have taught possible. Promong offers web designing services to numerous businesses in Nigeria.

To reach us, send an email to contact@promong.com or call 07060818770

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