YOUNG BOSS: Reniques Designs

Tokunbo Amosu is the chief executive officer of Reniques Designs, a company she formed in 2009. A Banking and Finance graduate from Ondo State University, Amosu also holds a Business certificate from Fate Foundation, a non-profit organisation and another certification from the African Growth Opportunity Act, an export based design school, both in Nigeria. She speaks to X2 about her…

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Central Bank sells $16.6m at debut auction

Central Bank of Nigeria (CBN) sold $16.6 million in short-tenored foreign exchange forwards at its first such auction on Wednesday, at rates which indicated it expected the currency to remain stable or strengthen. The regulator began offering 1- 2- and 3-month forwards at its bi-weekly foreign exchange auctions on Wednesday as part of efforts to smooth dollar demand and help…

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Profit taking drags market performance down

Profit taking activities by some investors have been attributed to the decline in market capitalisation, as witnessed yesterday at the Nigerian Stock Exchange (NSE). The NSE market capitalisation of the 194 First-Tier equities closed lower on Thursday at N8.009 trillion after opening the day at N8.077 trillion, reflecting 0.84 per cent decline or N68 billion losses. The market had gained…

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BRAND MATTERS: When brands speak consumer language

I remember vividly when I was a manager in the strategy/account planning department of Centrespread FCB, an advertising agency. I had the onerous task of conducting consumer insights on lottery business operations for Lotto Nigeria. The agency developed some brand slogans ‘Levels fit change’ and ‘Level go change’. These slogans were tested across the key geographical regions in the country.…

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Jonathan seeks support of Igbo in northern Nigeria

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President Goodluck Jonathan took his campaign for support in the April election to the Igbo living in the 19 northern states and the Federal Capital Territory (FCT) yesterday. Mr Jonathan, who was represented by the Niger Delta Affairs Minister, Godsday Orubebe, at a ceremony in Rockview Hotel, Abuja, said their support will be vital to his victory at the poll.…

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Group urges candidates to tackle election violence

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The acting national President of the Nigeria Union of Local Government Employees (NULGE), Bashir Olanrewaju, has challenged presidential candidates in the forthcoming elections to be practical in handling cases of electoral violence. Mr Olarewaju said this Tuesday in Ibadan, while shedding more light on the activities lined up for the union's national conference holding in the Oyo State capital. Commenting…

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Group set to rebrand Warri

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The Visionaries Academy, a Niger Delta-based not-for-profit organisation, says it has concluded plans to host the inaugural edition of the ‘Warri Makeover Project', a community service initiative designed to rebrand the city. According to the organisers, the project is aimed at changing the negative stereotype usually associated with the oil-rich city. "The motivation behind the Warri Makeover Project is towards…

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Royal fathers want to monitor government projects

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Traditional rulers in Cross River State are pushing for a law which will empower them to monitor government projects under construction in their domains to ensure that such projects are executed to specification. Apart from projects under execution, the envisaged law will also enable them to protect projects sited in their domains and also on regular basis keep government informed…

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Nobody should rig April polls for me

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The governor of Plateau State, Jonah Jang and the People's Democratic Party (PDP) gubernatorial candidate for the April polls, has warned his supporters against rigging the elections for him. Mr Jang, who handed down the warning in an address to PDP supporters at a campaign rally in Jos on Wednesday, literarily cursed whoever contemplated such. "If anyone rigs election, it…

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Election officials pray for violence-free polls

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The Resident Electoral Commissioner of the Independent National Electoral Commission in Anambra State, Chukwuemeka Onokogu, has called on Nigerians to pray for violence-free elections in April. Mr. Onokogu, who made the call during a prayer session with staff of the Commission in Awka, asked them to pray to God to save them from temptations that might come from the political…

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