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Heritage Bank empowers 600 women across Nigeria on International Women’s Day

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Heritage Bank Limited, Nigeria’s most innovative banking services provider, has empowered over 600 women across the country as part of activities to mark the International Women’s Day tagged: “Be Bold for Change.”

The bank organised a training programme with theme: Emerging Female Entrepreneurs Forum for women in Benin, the Edo state capital, Ibadan, the Oyo State capital, Minna in Niger State and in Lagos respectively.

The United Nations adopted March 8 every year to celebrate women in honour of the remarkable contributions by women to the global society. The day also commemorates the inspiring roles of women around the world to secure their rights and build more equitable societies.

Addressing participants in Lagos, Cynthia Erigbuem, Group Head, Market Intelligence & Analytics, Retail Banking of Heritage Bank noted that the bank recognized that this group of stakeholders play a vital role in driving retail business and that is why it is partnering with them to achieve its corporate goals.

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“Our culture is predisposed to welcome every woman and her vision into our mind-set of creativity and knowledge, helping her to grow her business beyond where she can ever imagine by offering specialized products and services for her business,” adding that “by our very nature, our services are personal, and deliberately approached from a bespoke angle, to simplify her life and business so as to be able to create, preserve and transfer wealth across generations.”

Erigbuem observed that Heritage Bank is a leading Nigerian bank with an excellent service culture hinged on working with each customer to create a name and heritage for today and for future generations. With the ideals of Service, Performance, Respect, Integrity, Innovation, Tenacity and Excellence forming core values, we have set out to redefine the concept of banking for the quintessential customer.”

In order to achieve this goal, she stated that Heritage Bank specializes in products and services that are tailored towards the specific needs of women, irrespective of their age and social status.

According to her, such products that can be exploited by women to their advantage are Power Base, Why BankMy Family, HB Concourse and SME Business Advisory Services.

She listed 10 financial literacy tips for the emerging female entrepreneurs to be successful in business: keep records such as bank statements, receipts, invoices; write down your business goals, make your bank account officer your best friend and have a separate account for your business.

Others are know your financial personality, identify your business needs and wants, take advantage of banking channels/products for ease of business dealings; save, no loose change; bank your money, avoid losing income and pay your taxes when due  as well as measure business performance against your goals.

Other facilitators at the Lagos forum were Mrs. Ini Abimbola, CEO/Lead Consultant, ThistlePraxis Consulting Limited; Mrs. Adetayo Otun, CEO, Ambassador Kitchen and Catering Services and Mrs. Oluwakemi Oduntan, a legal practitioner among others.

In a keynote address, Ms.O Idahosa, Permanent Secretary, Ministry of Education, Benin City, Edo State said growing a successful business required hardwork and knowledge of the business, determination and a personal resolve to be a solution to a problem or a supplier of a need.

She enjoined the women entrepreneurs to ensure that a product must satisfy an immediate need, develop a complete business before starting; offer good quality at a fair price, be careful with money- cash flow is essential; maximise marketing opportunities, love your customers and never give up.

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Organiser unveils speakers, panelists for the 2024 Industry Summit

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The organiser of the Industry Summit, an annual gathering for professionals and experts in brand marketing, finance, sustainability, and entertainment, has announced the speakers for the fifth edition of the summit in Lagos.

 

 

 

The event themed: Sustainable Marketing for Growth would feature the marketing director of Nigerian Breweries Plc, Mr. Emmanuel Oriakhi as keynote speaker while the head of unit, sustainability at Access Bank, Mrs. Omobolanle Victor-Laniyan and manager brand, strategy & communications at Stanbic IBTC, Ms. Rita Akao would feature as guest speakers.

 

 

 

The summit, which is scheduled to hold on Friday, May 3rd, 2024 at the Marcelina’s Place Ikeja GRA, Lagos would feature some exhilarating panel sessions with some of the contemporary professionals in the Nigerian brand and marketing industry.

 

 

 

The panelists include; Ms. Chioma Mbanugo, Head of Marketing PZWILMAR, Mr. Abiodun Coker, Team Member Media, UBA, Mrs. Mabel Adeteye, Head, Brand & Marketing Communications, Wema Bank PLC, Mr. Kevin Olumese, Marketing Communications Specialist, and Mr. Adeola Kayode, Head, Brands & Creative Services, 9mobile Nigeria.

 

 

 

Others who have confirmed participation are Ms. Aisha Anaekwe, Head, Brands & Comms, Coronation Group, Mrs. Victoria N’dee Uwadoka, Public Relations, Public Affairs & Sustainability Lead, Nestle Nigeria Plc, Mr. Samson Adeoye, Public Relations Manager, Airtel Nigeria, Mrs. Oluwatosin Odiagbe, Marketing Manager, Simba Solar and Ms. Arinola Shobande, Head of Marketing, Showmax.

 

 

 

While Oriakhi would be speaking to the topic, ““New Age Marketing – Catalyzing Transformation Through Value Chain Innovation, Technology, Analytics & Sustainability”, Victor-Laniyan and Akao would present papers on the topics; “Aligning organizational objectives with sustainable marketing for the good of the people, society and business, and “Reimagining Sustainable Growth Through Green Marketing” respectively.

 

 

 

In the press statement signed by the Publisher of The Industry Newspaper/Convener of The Industry Summit/Awards (TIES), Mr. Goddie Ofose, he said that “The 5th edition of the Industry Summit is focusing on sustainable marketing, which is a purpose-driven practice that works to orientate businesses, brands and society towards a sustainable future, influencing appropriate awareness, aspiration, adoption and action across economic and sociocultural systems by taking necessary accountability for its impacts and opportunities.”

 

 

 

“In today’s ever-evolving world, debating whether to incorporate sustainability into business strategy is no longer an option. Considering a values-driven approach when developing business strategies can be vital to long-term success” he said.

 

 

 

Therefore, we have carefully selected these professionals and experts to deliberate on the subject matter, highlight challenges and proffer solutions where private and public sectors could take lessons from and improve upon whatever they have been doing,’ Ofose added.

 

 

 

The Industry Summit/Awards is a brainchild of The Industry Newspaper Limited, publishers of The Industry Newspaper (theindustry.ng) and 789marketing.ng.

 

 

 

The summit is designed to bring together industry leaders across the continent in all sectors in the quest to rev up conversations that will move the Nigeria business, economy and communication industry forward.

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IBEDC records 1,459 energy theft cases in January, February

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The Ibadan Electricity Distribution Company said it has recorded 1,459 cases of energy theft by its subscribers between January and February 2024.

This was disclosed in a press statement signed by the firm’s Chief Key Accounts Officer, Mr. Johnson Tinuoye, on Tuesday.

IBEDC added that it is actively pursuing investigations and legal actions against individuals and businesses involved in the theft in collaboration with the Federal Government Special Investigation and Prosecution Task Force on Electricity Offences.

Identifying the cases, IBEDC said they included various offences such as meter bypass and illegal meter tampering, which resulted in significant financial losses amounting to hundreds of millions of naira for the company.

The statement read, “We want to send a clear message to our customers that energy theft will not be tolerated. Our collaboration with the Federal Government Special Investigation and Prosecution Task Force on Electricity Offences underscores our commitment to ensuring a fair and just electricity distribution system.

“Energy theft not only undermines the integrity of our operations but also deprives IBEDC of the revenue necessary to provide quality services to our customers.”

Tinuoye emphasised that under the Electricity Act, energy theft is now recognised as a criminal offense, carrying severe penalties including imprisonment stressing, “In the Osun region, two individuals were apprehended for stealing energy through meter bypass and illegal connections. Their cases have been formally charged in court for prosecution.”

IBEDC further urged customers to refrain from engaging in any form of energy theft, emphasising that the consequences can be severe, as there is no room for negotiation with the SIPTEO Task Force team, which is actively patrolling and investigating instances of energy theft for prosecution.

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Copyright Breach: NCC Drags MTN, Others To Court Over Musician’s Works

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The Nigerian Copyright Commission (NCC) has filed criminal charges against MTN Nigeria Communications Ltd. and four others over alleged copyright infringement.

The charge with number FHC/ABJ/CR/111/2024 filed in the Abuja Division of the Federal High Court was obtained by journalists on Monday.

News Agency of Nigeria (NAN) reported that the four other defendants in the case include the chief executive officer of MTN Nigeria, Karl Toriola; Nkeakam Abhulimen, Fun Mobile Ltd.; and Yahaya Maibe.

In the three-count charge, NCC alleged that the defendants, between 2010 and 2017, “offered for sale, sold and traded for business’’, infringed the musical works of an artiste, Maleke Idowu Moye, without his consent and authorisation.

The commission alleged that the defendants used musical works and sound recordings of Mr Maleke with subsisting copyright as caller ringback tunes without the authorisation of the artiste.

The musician’s musical works and sound recordings allegedly infringed upon included 911, Minimini-wanawana, Stop Racism, Ewole, 911 instrumental, Radio, Low Waist, and No Bother.

The defendants were also alleged to have distributed the musical works to their subscribers without authorisation, thereby infringing on the rights of the artiste.

In the third count, the defendants were alleged to have in their possession, other than for their private or domestic use, the artiste’s musical works and sound recordings.

According to NCC, the alleged offences are contrary to and punishable under section 20 (2) (a) (b) and (c) of the Copyright Act, Cap. C28, Laws of the Federation of Nigeria, 2004.

The case has yet to be assigned to any judge, and no date has been fixed for the mention.

Meanwhile, no official statement has been released by any of the defendants as at the time of filing this report, while all efforts to get reactions from MTN by New Telegraph proved abortive.

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