Business

Group Holds TEIC 2019 for Party Organisers, Event Managers in Lagos

Published

5 years ago

September 10, 2019

Eric

The Association of Professional Party Organizers and Event Managers of Nigeria (APPOEMN), is set to convene TEIC 2019, a 3-day transformational network of learning and cutting edge exponential conference for members of the association from September 18 to 22 2019.

Addressing the press in Lagos, Vice President of the association, Mrs Adefunke Kuyoro disclosed that the theme of this year’s conference, the third in a series, being ‘Stepping Up’; presented an opportunity for event industry practitioners to put their brands ahead if not at par with industry leaders and players in the event space.

“We call all eventprenuers/practitioners to ‘step up’ their game in the industry, because the more excellent our brands become, the better our event industry in Nigeria; be you a vendor, planner, venue owner, service provider in the event industry. It is time to step it up for good.” Kuyoro posited.

Mrs Kuyoro said what informed TEIC (The Event Industry Conference), expected to assemble key professionals from across the country and a spectrum of events service providers, to share experiences, perspectives, insights and latest developments in the events industry, is the desire to mix international growing trends with existing traditions.

According to her, “events have always been a part of our culture, but in the recent past it has received a sudden boost, apparent by the increase in coverage received from the print and social media.”

“The 3-day conference is drawn up to provide technical sessions and poster sessions on cutting edge issues related to the event industry, and will also provide ample opportunities for networking and socializing with colleagues.” Kuyoro averred.

TEIC 2019 is expected to kick off on the 18th of September with a Masterclass scheduled for 250 participants, where evolving issues and trends in the industry will be learnt, culminating in a bonding after-party in what can best be called “Senior Lit of a lifetime”

Day 2 of the event will be devoted to Corporate Social Responsibility, CSR by way of easing motorists’ driveway through Lagos Island and mainland in a give back approach to law-abiding Lagosians.

To that extent the association has partnered with the Lagos State Transport Management Agency (LASTMA) to coordinate traffic in heavy-traffic-prone areas in super hyper traffic time between the hours of 7am-9am, with 350 members of the association expected to take part in the exercise. Next on Day 2 agenda will be a yardsale (a kind of compensation plan) to the industry where various valuable items will be circulated especially to new entrants, to boost their brand equity in the trendy event market space at giveaway rates.

The icing on the cake in regard to TEIC 2019, is its culmination on the last day of the event with a dinner and award night, where up to 500 guests are expected to attend the TEIC Award for the year, as the best practitioners in diverse categories of the industry will be appreciated.

Speaking on the criteria adopted for the award, Mrs. Kuyoro said nominations were done by members of the association on the different categories with 5 to 6 nominees in each category, while voting was done online to produce the list of recipients for the final awards, all in strict compliance to the best ethos.

With respect to some challenges in the industry cutting across relevant training, optimum service delivery, trust and abuse issues etc., Mrs Kuyoro told SMILE that APPOEMN has over the years been able to set the standard for operation in the industry which has made the association a credible force, saying the association is not just an all-comers affair, as prospective members are observed for up to two years before being registered in the organisation, while penalties which include suspension or dismissal, depending on the degree of rules infringement are also meted to erring members, all in a bid to make the industry attain and maintain standard global practices, assuring that such erring members would at the end of their penalty also have to reapply again, if qualified to. Training opportunities she added were also being constantly offered to members to ensure best practices.

APPOEMN is an association with a mix of seasoned events professionals that have been at the forefront of event planning and coordination in Nigeria, for the past 15 years. The association has risen to become a major player in the socio-economic space in the Nigerian polity contributing 55bn to the country’s GDP in budgets, appreciatively deflating the country’s unemployment balloon.

The Event Industry Conference (TEIC) is an annual event of APPOEMN and this year’s would be the third edition of the event.

Tickets to attend the event can be obtained via www.teic.live or 08033053529, 08033728555 while interested event practitioners can also join the association by sending such requests to appoemnnigeria@gmail.com

Business

FirstBank Appoints New MD/CEO, Alebiosu

Published

3 days ago

April 22, 2024

Eric

First Bank of Nigeria has appointed Olusegun Alebiosu as its new Managing Director with effect from April 2024.

The Bank stated this in a release signed by its acting company secretary Adewale Arogundade.

Alebiosu takes from Adesola Adeduntan, who resigned abruptly on Saturday with eight months left to complete his tenure in December 2024.

The release stated that “following the resignation of the managing director/CEO of FirstBank, Dr. Adesola Adeduntan, the Board of Directors has appointed Olusegun Alebiosu as the acting CEO of the 130-year-old institution.

“The appointment takes effect immediately and is subject to the approval of the Central Bank of Nigeria.”

The release stated that Alebiosu was until this appointment the executive director, chief risk officer and executive compliance officer since January 2022. Prior to that, he was the Group executive/ chief risk officer, a position he held since 2016.

“Alebiosu brings to the executive management of FirstBank over 28 years’ experience in the banking and financial services industry with cross-functional exposure to Credit risk management, Financial planning and control, Credit and marketing, Trade, Corporate and commercial banking, Agriculture financing, Oil and Gas, Transportation (including Aviation and Shipping) and Project financing.”

It added that the new acting MD/CEO commenced his professional career in 1991 with Oceanic Bank Plc (now EcoBank) and prior to joining FirstBank in 2016 served as Chief Risk Officer at Coronation Merchant Bank Limited, Chief Credit Risk Officer at African Development Bank Group and Group Head, Credit Policy & Deputy Chief Credit Risk Officer at United Bank for Africa Plc.

“He is an alumnus of Harvard School of Government and holds a Bachelor’s degree in Industrial Relations and Personnel Management. He also obtained a Master’s degree in International Law and Diplomacy from the University of Lagos and holds a Master’s degree in Development Studies from the London School of Economics and Political Science.

“He is a member of various professional bodies namely, Fellow, Institute of Chartered Accountants (FCA), Associate, Nigeria Institute of Management (ANIM), Chartered Institute of Bankers of Nigeria (CIBN) and Member, Nigeria Institute of International Affairs.”

Business

Again, Naira Slumps Against Dollar, Trades at N1,169/$1 in Official Window

Published

4 days ago

April 20, 2024

Eric

The Naira, on Friday, slumped for the second consecutive day against the American dollar at the official window trading at N1,169/$1, according to data from the Nigerian Autonomous Foreign Exchange Market (NAFEM).

At the end of trading on Friday, the Naira lost N15 against the dollar when compared to the previous exchange rate of N1,154/$1 on Thursday, April 18, 2024.

The intra-day high and low recorded during the day were N1,236/$1 and N1,021/$1 respectively, representing a lean spread of N215/$1.

Similarly, the Naira slumped against the dollar at the parallel market for the second consecutive day to trade at N1,150/$1 representing a loss of N50 when compared to the N1,100/$1 it traded the previous day.

The British Pound also slumped against the Naira by N50 to trade at N1,500/£1 as against the previous trading price of N1,450/£1 representing a loss of N50 for the local currency,

The Canadian dollar however closed flat against the Naira to trade at N1,000/CA$1 same as the previous trading day rate of N1,000/ CA$1.

The Euro also slumped against the Naira to trade at N1, 280/€1 as against the rate of N1,200/€1 the previous trading rate indicating a gain of N80 in the European currency.

Business

Glo Launches New Internet Solution Products for Homes, Businesses

Published

2 weeks ago

April 8, 2024

Eric

Two new products, which provide internet connectivity solutions specially designed for Residential and SME commercial customers, have been unveiled by digital solutions company, Globacom.

The products, Fibre to the Home (FTTH) and Fibre to the Business (FTTB) were packaged for Glo customers to enjoy reliable and high speed internet through linked fibre services.

Globacom said in a statement in Lagos “With these services, businesses and homes can access dedicated internet speeds of up to 1GBps, allowing unlimited internet usages for seamless video calls, video and music streaming and a whole lot of other dedicated usages to promote business success and equally provide endless entertainment for homes”.

It explained that the new product comes with a unique opportunity for “Residential Estates, High Rise Apartments, Commercial SME Estates to enjoy dedicated high speed internet in their cluster”.

These services, according to Globacom, give exceptional experience and unmatched speed for users at home or in offices and are provided through hi-speed fibre – unlike copper which was being used in the past.

Positioning itself as the premier provider of innovative solutions for businesses of all sizes, Globacom assured customers of the best value for money with the new offerings, adding that users who sign on for these services will also enjoy fully dedicated bandwidth.

“We are committed to delivering the most cost-effective data connectivity experience for homes and businesses in addition to providing dedicated and reliable services.” Globacom concluded.