Abuja Welcomes SPAR

       Ceddi Plaza Abuja On the 11th March 2016 threw its door open to SPAR as it opened its store there.SPAR, the largest chain of hypermarket store in Nigeria was pleased to launch its new store in Ceddi Plaza Abuja as shoppers were at the entrance even before it opened. The store which experienced Nigerian lifestyle as great shoppers,there was barely space to shuttle through into the stores and within as it experienced great enthusiasm and patronage. UN Ambassador John Fashanu and Televison Personality and Peace/Tourism Ambassador Rachel Bakam were present to welcome the crowd.

     SPAR in Ceddi Plaza has a wide spread of products ranging from Grocery,Bakery,Butchery,Fruits and Vegetables,Hot Meals,Wines and Spirits,Consumer Electronics,Large and Small Home Appliances,Mobile Phones,Laptops& Tablets,Perfumes,Watches and Jewelries. This comes in line with its global vision and mission to serve Nigerians at various regions of the country with the best quality products and services.
 The Company's Spokesperson John Goldsmith, said the store was conceived and designed to carter to the various shopping needs of the aspiring people of Abuja. He further said the store has assortment of over 12,000 items which were hand-picked by SPAR to meet the various needs of all consumers. He added,"SPAR as a hypermarket brand, takes cognizance of the various kind of shopping mission and adapts its products and services in respect of Choice,Quality,Service and Value to translate the entire shooping experience into a World Class One".

Shoppers and quality enthusiasts in Abuja can now experience the goodness of fresh products, food and groceries, fantastic meals, household goods and appliances, fashion and beauty items and lots more at the most competitive prices.

SPAR has rolled out amazing offers to create the hype and excitement around the store launch. First 500 customers spending N 3000 and above were being rewarded with bag full of freebies.

Company spokesmen added, “SPAR is the only retail chain in Nigeria with Shopper Loyalty Program called SPAR Reward Card. The members of the Reward Card program enjoy Reward Points on every shopping. Shoppers accumulate the Reward points, which in turn can be redeemed against purchase of any item from SPAR. Reward Cards can be used in any SPAR store across Nigeria to Earn and Redeem Reward Points.” As a part of the launch offer, SPAR is offering FIVE times Reward Points on first 3 days of the launch. Shoppers gets instant benefit with easy enrolment in to the SPAR Reward Card Program.

Continuing with the legacy of product and service innovation, SPAR has recently launched Easy Monthly Installment Payment scheme under SPAR Pay Easy. Company Spokesman added that given the economic scenario, SPAR wanted to make purchase of consumer durables easy with SPAR Pay Easy Scheme. Under the Pay Easy Scheme, customers can buy consumer electronics, home appliances, laptops, mobiles, home and office furniture and have a choice of paying over Three, Six, Nine or Twelve month period. The easy payment scheme is open for any individual employed or self-employed or any business organization.

SPAR International has franchised the brand to Artee Group for Nigerian operations. SPAR Hypermarket stores with over 22,000 m2 of retail space spreading across 8 stores serves over 5 million shoppers annually. Apart from Ceddi Plaza, SPAR stores are located in Victoria Island, Lekki, Maryland Ikeja, MMA2, Abuja Wuse II and Port Harcourt.

Over the past 27 years, Artee Group has grown from a very humble beginning to become one of the fastest growing business conglomerate in Nigeria. Today, Artee Groups’ business spreads from retail to real estate to shopping malls to manufacturing. With a wide portfolio of brands such as Park n Shop, SPAR, Port Harcourt Mall, Calabar Mall, Enugu Mall, Splash, Babyshop, Lifestyle under the retail space and Casade Table Water as well as Millennium Interiors under the Manufacturing space, Artee Group caters to the various needs & aspirations of Nigerian consumers.

SPAR Hypermarket’s footprint is all set to spread further across the country in the near future. According to company sources, a large number of new stores are in the pipeline, and are in various stages of progress, right from the drawing board to brick and mortar. Very soon, places like Calabar, Enugu, Asaba, and many more cities across Nigeria will start experiencing world class shopping. Apart from new geographies, SPAR will also strengthen its presence in the existing cities of Lagos, Port Harcourt and Abuja.

In order to win free shopping vouchers, go on instagram and follow @Rachelbakam as the following days will open up such opportunities. This is because Amb. Rachel Bakam will show you what actually happened during the store opening even while celebrating SPAR'S success as one of THE TOP TRENDING BRANDS in Nigeria on television programme TRENDS & RACHEL (T&R)













Source:nairaland

Business Morning Headies

 The Day is Bright,its Bright and fair ,Oh Happy Day!!!


















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• UBA recorded N60bn profit in 2015.click
• 7-UP,Honeywell,Sterling Bank lead N46bn market loss.click
• Ogun State government relocates Mile 12 traders, others to Ogere.click

GUARDIAN

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• Oando revs up cleaner energy campaign.click
• LSE-Deutsche Boerse may end exchange mega deals.click

THE NATION

• Dana Air announces Easter promo click
• Emirates unveils new business class seats.click
• NPA,Commerce Chambers collaborate.click

THISDAY

•  Kachikwu: Nigeria to become Exporters of Refined fuel.click
• GTBank records N99bn profit after tax declares N52bn dividend.click
• Union bank urges customers to addopt e-banking Channels.click
• India-Africa Bilateral Trade hits $72billion.click
• Crude Oil slips to below $40 as Iran dashes hopes of output freeze. click
• Fitch affirms Helios Tower 'B' rating on planned acquisition by HIS.click

DAILYTRUST

• Look beyond Oil ,Buhari charges African Oil producers. click
• FG to establish Science and Tech development bank. click
• Global Islamic assets worth $2trn. click

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Mile 12 traders moves to Lagos/Ibadan expressway but...

 Due to the temporary shut down of the Mile 12 market caused by the two warring ethnic groups in the community Hausa/Yoruba on the 3rd of March,2016 and the rumored news about its relocation, the traders themselves have moved their trade to Kara/OPIC area along the Lagos/Ibadan expressway in Ogun State thereby causing traffic gridlock for motorist.


 Well, I hope they learn their lessons I can relate with this move because they can no longer wait for the government due to its skepticism about re-opening their former location and most of their goods are perishable goods such as Tomatoes, fruits etc. Mile 12 was like a mini depot you need to experience it.Government authorities should be alert in this area to avoid a repeat and make sure certain things are put in place. Some things should be avoided eg the collection of unnecessary fare by the community should be stopped, they should try to avoid monopoly or kingship placement whoever must be their head must be ready to obey laws and order by the community.  Everyone has a right too and it should be respected. No tribe is inferior to the other..













photocredit:lindaikejisblog

Black Rhino and Dangote to invest in energy Infrastructure

 Dangote group of Companies and Black Rhino, an indigenous Black Stone Energy partners are to jointly invest up to $10 billion in energy infrastructure in Kano State and South East Nigeria.
  The project which lays particular emphasis on renewable energy,power transmission and building of pipelines. 
      The Emir of Kano,Muhammadu Sanusi II,who is also the Chairman of the Black Rhino Group disclosed that his group and Dangote industries are ready to contribute $5 billion each for the construction of a coal power plant and a solar energy in Kano, as wekk as gas pipeline project from Akwa Ibom to be constructed to South West, where Dangote Industries are more concentrated.
    The Emir who spoke during a courtesy visit to the State Governor ,Abdullahi Umar Ganduje, the Emir said the consortium decided to embark on the power projects in Kano because of the power crisis in the state. He disclosed further that thee coal project and the Solar energy project would produce about 1,000mw and 100mw respectively.
   The Emir expressed optimism that the projects would, to a large extent, improve electricity power generation in the state for both the consumption of residents and for the revival of the ailing industries in the state.
          Chairman Dangote Group, Aliko Dangote in his remarks at the occasion expressed optimism on the viability of the projects, assuring that it would improve power generation in the state and resuscitateand also make the economy vibrant industries to generate employment opportunities for the teeming youths. He said the gas project from the South East to Western Nigeria would extend to Ghana and would go a long way in addressing the energy needs of industries within the region particularly under the Dangote group.On his part, the state governor expressed hope that “the project would bail Kano State out of its prevailing economic depression and uplift the state to another level of economic prosperity and development.“Now that the national economy is dwindling, we have no better way to revive it than to invest in agriculture and resuscitate our industries.”He promised that the state government would provide land, among other things, to enable the project materialise.Stressing that power is very critical to the survival of industries in the state, he announced that the state was also making modest effort to provide electricity through the ongoing multi-billion naira Independent Power projects at Tiga and Challawa, which would generate 35mw of electricity.

Jumia to Break New Records

  One of Africa’s biggest e-commerce platform Jumia said it is set to become an equivalent of Amazon on a continent with tremendous opportunities, which will see its online population reach 50 per cent by 2025 and its smartphone owners rise to 360 million.

Jumia which already made headlines no less than a week ago by securing a second investment of 225 million euros from Goldman Sachs and historical investors MTN and Rocket Internet. Earlier this month, the company had announced a new investor, French insurer Axa, which joined the group for an 8 per cent stake and 75 million euros.
    Africa Internet Group, the umbrella company behind Jumia, has thus become the first African Unicorn with a valuation of more than a 1 billion euros.

   Interestingly,If Jumia is present in 11 countries in Africa, Nigeria is the country where it all started and is now the flagship both in terms of market size and business performance with up to 135 000 orders in one day during Black Friday 2015.

    More fascinating still, its top leadership in Nigeria is 100 per cent female, which is historical in many ways with two African women leading an Internet and Retail company with a record valuation and performance. To many extents, this is observed as an outstanding achievement as the entire world is celebrating International Women’s Day.

       The females, Juliet Anammah and Fatoumata Ba, coming from different backgrounds, have joined forces to lead Jumia Nigeria towards greatness. Juliet Anammah, comes with more than 15 years’ experience in consulting with leading firm Accenture in Nigeria while Senegalese-born Fatoumata Ba led Nigeria’s largest online retailer earlier on in 2015 after having first founded and successfully grown Jumia in Ivory Coast since 2013.

    Interviewed for Women’s Day, both women gave their vision on gender parity, most particularly in the tech world, and on leading Africa’s first unicorn’s flagship.

Juliet Anammah imparted people with advice for women.

According to her, “Show up 90 per cent of success is showing up. You’ll never have all the answers nor will you slay every dragon on your path but once you show up you’ll find that sometimes obstacles become the way.” Mother of four children, Juliet Anammah has had different struggles and attributes her greatest achievement as raising her children while her biggest challenge remains juggling between “priorities of work, family and her community”.

   Jumia is said to have one of the highest proportion of women leaders in Africa and globally, with a whopping 40 per cent women managers, managing directors and CEOs.

CEO Jumia Africa, Jeremy Doutte, commenting on the development, said: “At Jumia, we nurture one value. Let the best ideas and people grow. Diversity is not a goal for Jumia, neither is gender parity. Diversity and gender parity are a reality at Jumia Africa. This has been achieved by letting all talents blossom, and women have benefited from our equal opportunity environment. Jumia has extremely talented women at all levels of the organization, across all countries. Our companies in Kenya and in Nigeria are led and managed by women and they are doing fantastically well. We truly believe this is just the beginning.”

THISDAY

Good Business Morning Headlines

Hello! Marketmedia 16 Headlines. Read and Click to read for more details.


 

PUNCH

• Black Out: Electricity generation sinks to 1,580 MW. click
• NNPC Restructuring :Workers stop fuel supply;shuts NNPC headquarters. click
• Bread Scarcity hits Rivers over Baker's Strike .click
• CBN,Bank to step up fraudster's prosecution. click
• ACCA blames absence of monitoring for unemployment.click
•         

GUARDIAN

• Chevron plans to slash budget to save Cash for dividend.click
• KIA Nigeria eyes 90% local content with 27,000 capacity.click
• Global Stock ease as China worries resurface. click
• BOI seals pact with 11 facilitators on Youth Business Initiative.click
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THE NATION

• Support grows for The  Nations's Ecomomy Forum. click
• Eko DisCo partners Mojec on smart meters roll. click 
• AGF blames forex crisis on saboteurs.click
• Chevron eyes $17-22b annual capex for 2017-18.click

THISDAY

•  Senate to grill communication ministers, others over MTN fine.click
• Jumia set to break new records in e-commerce business. click
• FG reiterates commitment to commercializing National River Basin.click
• Barclays Afica targets expansion in Nigeria. click
• Stockbrokers risks N5m fine for Unauthorised sale of clients' Shares.click
• FCMB empowers communities. click

DAILYTRUST

• NEMSA bans the use of untreated wooden poles.click
• Total Investment in Nigeria worth $10b. click
• May and Bakers introduces more products.click

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NNPC SHUT

  

      The nationwide scarcity of petrol worsened on Wednesday as oil workers embarked on a full-scale industrial action, which led to the shutdown of the corporate headquarters of the Nigerian National Petroleum Corporation in Abuja as well product depots, mega filling stations and other critical facilities.

The workers, under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria and the Nigerian Union of Petroleum and Natural Gas Workers, who gathered at the corporation’s headquarters early in the morning, shut the NNPC in protest against the restructuring of the national oil firm by the Federal Government and immediately embarked on a nationwide industrial action.

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, had on Tuesday evening announced that President Muhammadu Buhari had approved the restructuring of the NNPC into seven new divisions, comprising 20 subsidiaries.

   

      But the oil workers said they were aggrieved because they were not carried along in the entire process.

One of our correspondents gathered from some marketers in Lagos that the poor fuel supply situation was exacerbated by the directive of the unions to their operations personnel at the depots in the metropolis not to issue tickets for loading of products to the marketers.

A marketer, who spoke on condition of anonymity, said, “The petrol supply situation in Lagos and its environs became worse on Wednesday because of the directive by PENGASSAN and NUPENG to their operations men not to process tickets for the marketers to load the product.

“The supply problem before now has not been addressed. Over 80 per cent of the petrol in the country is being supplied by the NNPC. Out of the seven depots doing throughput, only about three had the product on Wednesday and marketers could not load from them because of the directive by the unions.”

It was gathered that officials of the NNPC who ought to supervise the discharge petrol from vessels into the storage facilities of Aeito, Capital Oil, Ascon, Nipco, Eden Petroleum, MRS and Folawiyo in Lagos did not report for duty in compliance with the directive of the unions.

    In Abuja, the main entrance to the corporation’s headquarters was blocked early in the morning. Employees of the corporation and its subsidiaries, whose offices are located in the NNPC Towers, were turned back by the protesting union members.

According to them, the shutdown of the NNPC is nationwide.

      The Group Chairman, NUPENG, NNPC Branch, Mr. Odudu Udofia, told journalists in Abuja that the protest by the workers was against the unilateral decision of the minister to reorganise the corporation without carrying along any of the stakeholders, especially the two trade unions in the oil and gas industry.

He stated that workers were suspicious of the reorganisation as nobody could explain its direction, adding that “this even became clearer with the consolidation of operational units that have heavy financial transactions under the office of the GMD.”

Similarly, the Group Chairman, PENGASSAN, NNPC Branch, Mr. Salah Abdulahi, said the unions had earlier expressed their opposition to the reorganisation when it was first raised by the minister during the annual Oloibiri Lecture on March 3, 2016.

Asked if the unions were not concerned about the effect of the strike on the already bad state of fuel supply across the country, Abdulahi said, “The fuel scarcity problem has been there before we embarked on this strike, we did not cause it.

“However, we know this strike will increase it; that’s the only way to let the government know that we are not comfortable with the unbundling or restructuring that it has done at the NNPC.”

Meanwhile, the Senate on Wednesday directed Kachikwu to appear before it over the restructuring of the NNPC.

The minister, who also doubles as the Group Managing Director of the NNPC, was asked to appear before the Senate Joint committees on Petroleum Resources (Upstream, Downstream and Gas) to explain the Federal Government’s action.

A letter signed by the Chairman, Senate Committee on Petroleum Resources (Upstream), Tayo Alasoadura, and sighted by our correspondent, stated that the upper legislative chamber was shocked by the news of the unbundling exercise.

The letter read in part, “Shocked by the announcement, three committees overseeing the industry wish to invite the minister to appear before them to brief them on this critical decision in a meeting scheduled for Thursday.”

Alasoadura said the the action was taken “without recourse to the Act establishing the NNPC and approval by the Senate of Nigeria.”

The Senate Leader, Ali Ndume, also told journalists that the announcement of the unbundling of the corporation had generated issues that the Senate was looking into.

Punch