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By Sanya Ademiluyi
A new mobile payment system known as PayAttitude appears to be taking the electronic payment solutions market by storm. Payattitude’s unique feature is being able to do trade transactions offline, using your mobile phone with the POS terminal.
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Posted by: The Citizen in Business, Headline
Cadbury Nigeria Plc may be heading towards another scandal and regulatory sanctions over alleged fraudulent financial reporting unless the company averts the looming disgrace by presenting a realistic result of its operations and financial position.
A highly-placed source reliably informed THE CITIZEN that Cadbury closed its books in September with N3.8bn worth of sales; however, it was alleged that the sum of N1.8bn from that amount was not realized from actual sales transactions, but represented only an increased credit limit which Cadbury extended to its distributors.
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Once Allies, Audience-Targeting Firms and Media and Digital Shops Are in Competition for Control and Clients
By:Alexandra Bruell, Tim Peterson
Published: October 13, 2013
It was the late 2000s, and advertising agencies had spied their next great growth area: selling clients on an array of in-house audience-buying technologies, including their own online ad networks and exchanges. Agencies procured those technologies in a variety of ways. Some came through acquisitions, other services were homegrown. But a majority of the platforms many agencies used were licensed from third-party vendors.
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...dangles N10,000 flat rate per local flight
Leading domestic airline, Aero Contractors is wooing customers back with a N10,000 per flight flat rate. This is Aero’s strategy to win back many old customers which it lost during its recent messy trade dispute with its employees in March.
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Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2013 to the Nigerian and London Stock Exchanges, showing record profit before tax of N57.4 billion.
A review of the June 2013 result shows positive performance across all financial indices. Gross Earnings for the half year period of 2013 stood at N124.20 billion, an increase of N10.68 billion from the N113.53 billion reported for the corresponding period in 2012. Profit Before Tax was N57.36billion, up from N53.64 billion recorded in June 2012. The Bank reported a 2013 half year Profit After Tax of N49.01billion, an increase over the N45.55 billion reported in June 2012.