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Nigerian Breweries Plc, the nation’s leading brewing company, has won the 2016 Institute of Directors Corporate Governance Award. The company was presented the award at the Annual Directors Dinner of the Institute of Directors of Nigeria, which held on Thursday, December 1, 2016 in Lagos.

According to the Institute of Directors, the “IOD Corporate Governance Award” reinforces the importance of best practice amongst corporate entities and is open to outstanding corporate bodies quoted on The Nigerian Stock Exchange.

It said that its governing council committee responsible for awards in collaboration with The Nigerian Stock Exchange received three nominations of companies quoted on the Exchange that were Corporate Governance compliant. Out of those companies, Nigerian Breweries emerged as the Institute winner of the Corporate Governance Award for 2016 as endorsed by the Governing Council.

To be recognised in the category, companies have to demonstrate a high level of effectiveness across the four pillars of corporate governance – Accountability, Transparency, Fairness and Responsibility. They also have to achieve an enterprise-wide culture of governance and ethics in risk and probity compliance, among other factors, to be presented with the award.

While receiving the award on behalf of the company, the Chairman, Nigerian Breweries Plc, Chief Kola Jamodu, CFR, said “We are delighted to receive this award in recognition of our effort in ensuring that we integrate corporate governance principles into our organizational culture. More importantly, we are encouraged to have been voted the winner of the Institute of Directors Corporate Governance Award for 2016. This is a worthy recognition and an incentive to encourage us to do more.”

The Chairman attended the award ceremony with the Managing Director/Chief Executive Officer of Nigerian Breweries Plc, Mr. Nicolaas Vervelde.

It would be recalled that in 2015, Nigerian Breweries Plc was named the winner of The Nigerian Stock Exchange NSE-CEO’s Distinguished Award for Compliance.

The award also known as the Most Complaint Listed Firm award is given by the NSE to the company that demonstrates the highest degree of compliance with the rules and regulations regarding disclosure obligations of listed companies to the exchange in a particular year.

Nigerian Breweries Plc also demonstrated its recognition for the importance of corporate governance in 2015 to clinch the coveted award.

BUSINESS

Zenith Bank Unveils SME Digital Workshop For Business Owners, Partners Facebook [Register Here]

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Foremost financial institution, Zenith Bank Plc is organizing a free one-day session for SMEs on how Facebook, Instagram, Whatsapp, and other digital channels can be used to engage potential prospects, market offerings and grow business volumes.

To register attendance, please send an email titled ‘Zenith Bank SME Digital Workshop’ to [email protected]

The email should contain the following information: Name of the participant, account number and preferred venue of attendance

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BUSINESS

NOVA Merchant Bank Appointed By The Nigeria Customs Service As A Duty Collecting Bank

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In fulfillment of its commitment to constantly find new ways to serve its customers better, NOVA Merchant Bank has been appointed as a designated collecting bank for Import, Excise and other duties by the Nigeria Customs Service. This will enable the Bank to handle duty payments for its clients in addition to processing and issue custom bonds along with guarantees on their behalf.

According to the MD/CEO, Mr. Anya Duroha, “We are excited about this appointment because it would enhance efficiency and improve turnaround time for duty payments and other services offered by the Nigerian Customs Service for our clients”.

“This development is in line with the commitment of the Bank to be a one-stop solution shop for all trade and financial needs of its clients. The Bank is positioned to provide end to end quality banking services to our clients. I commend the management for obtaining and delivering on this mandate within a short period of time” stated the Chairman, Mr Phillips Oduoza.

NOVA Merchant Bank offers an integrated suite of financial solutions covering Wholesale Banking, Investment Banking, Asset Management, Wealth Management, Trade Services, Transaction Banking, Cash Management, and Digital Banking.

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BUSINESS

GAIM 4 DRAWS: 13 New Millionaires Emerge In Fidelity Bank’s Savings Promo, Begin 2020 On A Happy Note

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Thirteen lucky customers of Fidelity Bank Plc have started the new year on a strong note having emerged millionaires in the third monthly draw of the Get Alert in Millions (GAIM) promo season 4 in Lagos on Tuesday. The bank also rewarded loyal customers with cash prizes worth N16 million in the categories of N2 million and N1 million respectively.

The electronic raffle draw, which was held at the bank’s Broad Street Branch, Lagos Island was witnessed by the relevant regulatory bodies including the National Lottery Regulatory Commission (NLRC), Lagos State Lotteries Board (LSLB) and Consumer Protection Council (CPC). Lucky customers who emerged winners in the draw cut across all regions of the country.

The winners include Dare Abiodun Emmanuel; Ugwu Philomena Nneka; Chinenye Catherine Olunna; Egberi Agbarha Kelvin; Ivang Stanley Oham; Chinelo Loveth Egbuchunem; Dare Abiodun Emmanuel; Itabiyi Gbolahan Olakunle Hassan & Adejoke Jokotade; Larei Chindo; Chigozie Darlington Emoka; Khadijah Umar; Muazzam Ad Maizare; Isabella Chekwube Uche; Omolade Bamitale Olatawura.

Others are Joseph James Abah; Oghenetega Emmanuel Erus; Blessing Chidinma Okafor; Loveline Uche Okonkwo; Nafisat Ali Lawal; Comfort Ita Asuquo; Mohammed Halima Sadiya, amongst others. The bank doled out 19 consolation prizes in form of fridges, television sets and power generating sets.

Speaking during the event, Managing Director/CEO, Nnamdi Okonkwo, noted it is the bank’s 9th promo in 12 years whilst adding that a total of N16 million and 19 consolation prizes will be given out at the third draw. Okonkwo who was represented by the Executive Director, Shared Services and Products, Chijioke Ugochukwu, further added that the draw will see a total of N50 million in cash and 54 consolation prizes to over 93 winners.

“We would have given out a total of N50 million in cash and 54 consolation prizes to over 93 winners. We expect more winners to emerge at subsequent draws because the promo is still on and in addition to the N50 million that we will be giving out, we still have N70 million and several consolation prizes yet to be won”, he said.

Shedding light on how people can qualify for the draw, Head, Savings Group, Fidelity Bank Plc, Janet Nnabuko, stated that both existing and new customers can win by simply topping their account with N10,000 for existing customers or someone opening a new account and building it up to N20,000.

She further disclosed that to qualify for the star prize of N3 million one needs to build his account to N50,000 while aspiring for the grand prize of N10 million, one only has to grow his account to N200,000.

Fidelity Bank is a full-fledged commercial bank operating in Nigeria with over 5 million customers that are serviced across its 250 business offices and various digital banking channels. The bank focuses on select niche corporate banking sectors as well as Micro Small and Medium Enterprises (MSMEs) and its currently driving its retail banking businesses through its robust digital banking channels.

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