By Alex C Audi AG has achieved the best first half-year in company history with Year-on-Year (YoY) sales growth of 11.4 percent. The brand with the four rings handed over around 869,350 cars to customers in the first six months. Audi delivered around 155,450 cars worldwide, exceeding the figure in the same period last year by 10.8 percent in June 2014 alone. The premium brand grew particularly strongly in North America, increasing sales by 21.2 percent year-on-year. According to Luca de Meo, member, board of management for sales, AUDI AG, said “In the first half of this year, Audi have…
Author: Pride Team
By Alex C Two of Nigeria’s young entrepreneurs have had a business master class from Richard Branson, after winning a competition by British Council and Virgin Atlantic in partnership with Zenith Bank. Over 1000 young Nigerian entrepreneurs entered the competition – which was organized by British Council in partnership with Virgin Atlantic and with financial support from Zenith Bank in order to help talented young Nigerians develop their entrepreneurial skills. Eseoghene Ise Odiete and Nasir Abdulqadir Yammama won the Enterprise Challenge – an online competition for Nigerians entrepreneurs aged 18 – 35, and living in Nigeria or studying in the…
By Alex C Wakanow.com has entered into partnership with Union Bank of Nigeria Plc to provide a global limit of one billion (N1 billion) for Wakanow affiliate agents. At the presentation of Union bank`s offer, Kingsley Ulinfun, Head of Commercial Banking and Regional Executive said the bank was excited about the partnership as it gives the bank an opportunity to work with growing businesses thereby exposing the banks revamped services. The partnership is structured to provide funding to qualified agents and affiliates of Wakanow to improve business turnover and grow their margins. In addition, making funding more accessible to this…
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Fashpa.com, in partnership with luxury boutique Florence H and Taittinger champagne brought out the fashionistas to play (and shop) at the exclusive “Fashpa Day Out” event. Fashion Editors & Bloggers, Designers, Stylists and customers all mingled in style at the Miliki Private Members Lounge which was completely transformed into a fashion haven with a pop up store and a garden lounge area. The Fashpa store featured the latest collections from International and Local high street brands like Topshop, TNL and Topstitch as well as an exclusive preview of the Jlabel, the diffusion label from Jewel by Lisa available online at…
By Alex C Bentley has said it is on course for record sales in 2014 after a 23% increase in deliveries in the first half of the year. Bentley delivered 5,254 cars in the first six months of 2014, up from 4,279 cars in the first half of 2013. The firm’s new Flying Spur drove up sales by 61% in China, which saw more than a fifth of Bentley’s deliveries. Bentley’s sales echoed rival Rolls-Royce, which saw a 33% boost in sales in the half year to June. The Americas region, which includes North and South America and the Caribbean,…
By Alex C Olam Nigeria Limited, an agribusiness firm, has set up a multi-million dollar integrated rice mill in Nasarawa State, with the capacity to produce 36,000 metric tonnes of milled rice annually. Venkataramani Srivathsan, Olam’s managing director for Africa and Middle East, said 3,000 hectares of land is already under cultivation on the 6,000 hectares of mechanised paddy farm where the rice mill is located. Srivathsan noted that Olam plans to increase acreage in Nasarawa to 10,000 hectares. “This will bring Olam’s total investment in the integrated farm and milling facility to over N18 billion ($111 million),” he said.…