Guinness explains 18 per cent slide in profit

GUINNESS Nigeria Plc has attributed the 18 per cent drop in profit after tax for the financial year ended June 2012 to distribution cost incurred from its N52 bilion capacity expansion investment, as well as the interest charges incurred inform of overdraft from support received from the investment.

The Managing Director of the company, Seni Adetu, while addressing journalists yesterday at a press briefing to announce the forth coming yearly general meeting of the company, explained that the cost incurred during the year from the capacity expansion programme which is expected to reposition the company from low capacity to almost very adequate capacity in the long run with the interest charges from the support the company received from the investment were reasons behind the decline in profit after tax.

Nokia Partners Airtel on Nokia Lumia 900, 710, 610 Smartphones

General Manager, Nokia West-Africa, Mr. Chris Brown; Chief Marketing Officer, Airtel Nigeria, Mr. Olu AKanmu and Head, Sales Operations, Nokia West Africa, Mr. Ladi Oyatayo, at the promotional launch of Airtel special consumer promo on the Nokia Lumia 900,710 & 610 Smartphones, held at Nokia Office, Victoria Island

Leading phone manufacturer, Nokia in partnership with leading telecommunications service provider, Airtel Nigeria have embarked on a special consumer promotion for the new Nokia Lumia range of products now shipping in Nigeria. The promotion which will kick-off on the 22nd of October 2012 will deliver exciting benefits to consumers who purchase the Lumia 900, 710 & 610 over the period.

BA’s First Airbus A380 ‘Super-jumbo’ Aircraft Reaches Milestone

The building of British Airways’ first Airbus A380 ‘Super-jumbo’ aircraft reached a major milestone this week, with the installation of the four giant Rolls-Royce Trent 900 engines.

The engines, which each produce 70,000 lbs of thrust (or approximately 30,000 horsepower, the equivalent of 300 family cars), were attached to aircraft ‘MSN095’, the first of 12 A380s the airline has on order.

The aircraft is due to be delivered to British Airways in July next year.

Visafone Nigeria becomes 1st CDMA operator to launch BlackBerry Services.

Visafone Nigeria will on Friday 26th October, launch BlackBerry Internet Service for the first CDMA BlackBerry service in Nigeria (in the whole Europe, Middle East and Africa region actually). Waldi Wepener, Regional Director for RIM in East, Central and West Africa, said, “We are proud to support Visafone with the launch of the BlackBerry solution to their customers in Nigeria, and to bring CDMA-enabled BlackBerry smartphones to the region with Visafone for the first time.

MTN Nigeria offers software for microbanks as cloud service

MTN Nigeria has introduced new banking software, called MTN XaaS, for up-and-coming banks in the West African nation. The new service platform is part of efforts to improve the operations of microfinance banking in that country. According to MTN, the new software platform could save microfinance banks up to 70 percent of the traditional costs involved in procuring, hosting and implementing typical banking software.

Etisalat Celebrate Four Years of Innovation

Etisalat is 4 and Fabulous!

On October 23rd 2008, Etisalat Nigeria commenced commercial operations in Nigeria and today,we are celebrating our 4th anniversary with all Nigerians!

Celebrate with us as we commemorate every successful endeavor we have shared with the great people of Nigeria!

Thank you for choosing Etisalat. 0809ja for life!!

Pictures from the Etisalat sponsored Classical Concert, MUSON Festival

(L-R) MUSON Resident Pianist, Dr. Babatunde Sosan; MUSON Artistic Director, Mr. Thomas Kanitz; Head, High Value Events and Sponsorships, Etisalat Nigeria, Ms. Ebi Atawodi; Chairman, MUSON, Bashorun J.K. Randle; and Vice-Chairman, MUSON, Architect Kitoyi Ibare-Akinsan at the Etisalat sponsored Classical Concert during the MUSON Festival 2012 on Sunday, October 21.

 

(L-R) Chairman, MUSON, Bashorun J.K. Randle; Head, High Value Events and Sponsorships, Etisalat Nigeria, Ms. Ebi Atawodi; and Chief Executive Officer, MUSON, Mr. Sola Omole at the Etisalat sponsored Classical Concert during the MUSON Festival 2012 on Sunday, October 21.

Nokia Rewards More Customers in 30 Amazing Days Promo

(L-R): Partner Manager, Developer Experience, Nokia West Africa, Mr. Olumide Balogun; winner of a Nokia Lumia 900 smartphone, Mr. Germaine Ogunwole; winner of 12 months fuel Voucher, Mr. Joseph Osadolor; Winner of an HP Laptop, Miss Funmilade Mustapha and Marketing Manager, Nokia West Africa, Mr. Kesiena Ogbemi at the 3^rd prize presentation of the on-going Nokia 30 Amazing Days Promo, held at Nokia Office, Victoria Island, Lagos on Friday, 19^th October

Global phone manufacturer, Nokia, has rewarded more winners with fantastic prizes in its ongoing 30 Amazing Days Promo. The latest winners include Believe Araka, winner of a wardrobe shopping voucher worth N100,000 to Twice as Nice; Abayomi Julius, winner of an Air Conditioner; Olatunbosun Fasipe, winner of recharge cards for 6 months; Joseph Osadolor, winner of 12 months fuel voucher; Funmilade Mustapha, winner of an HP Laptop; Germaine Ogunwole, winner of a Nokia Lumia 900 smartphone, and Opasupo Olayinka, winner of an Home Theater system, among many others.