Banking
Lady Wins Brand New Car in Dettol Soap Promo
By Modupe Gbadeyanka
One Ms Ngozichukwu Opara has won a brand new Hyundai I10 car in the #Ihaveeventone2 campaign commenced in May 2017 by Reckitt Benckiser (RB), makers of Dettol.
Ms Opara was presented the car on August 4, 2017 at the RB Nigeria head office in Lagos.
In 2016, RB introduced the Dettol Eventone Soap, a revolutionary product launched especially for the African skin. The soap kills 99.9 percent of germs and contains apricot seeds which exfoliate, remove excess oil and dirt and removes blemishes to give an even-tone healthy skin feel.
Over the years, RB Nigeria has been in collaboration with the Global Hygiene Council (GHC), Nigerian Medical Association (NMA), Ministry of Health (MoH) and Save the Children (STC) to actively and consistently promote the message of good health and hygiene.
Dettol, being the number one antibacterial brand, is widely trusted by mothers and Nigerian households who have been using the brand over many years.
Ever since the new Dettol Eventone soap was launched, there had been great buzz and excitement around the product.
Dettol Nigeria had created mobile skin clinics in many cities to allow consumers to get a first-hand feel of the product and complemented the marketing activities with a massive digital program so that everyone can join the conversation and share their experiences.
The #Ihaveeventone2 campaign saw successful participation pan Nigeria with people liking the product, uploading videos, pictures and actively recommending the product to their friends and families.
Winner of the digital campaign, Ms Ngozichukwu Opara, won with over 20,000 likes and created talkability about the campaign.
Commenting on the product, Ms Opara said, “I love the Dettol brand. Right from my childhood, my family always uses of Dettol for bathing, washing hands and cleaning the surfaces.
“When Dettol Eventone soap was launched, I tried the product at their skin clinic on wheels and soon it became my favourite. I love the fragrance and the apricot seeds make my skin feel healthy and with daily use I have experienced the benefits of an eventone skin feel.
“Being active on social media, I came across Dettol #ihaveeventone2 competition and participated, now I am the proud winner of a brand-new car- more importantly for having a healthy skin. Thank you Dettol and all my friends who liked my photo upload during the campaign.”
Also speaking on the occasion, Managing Director of RB West Africa, Mr Rahul Murgai, remarked that, “At RB, our Vision is to provide consumers with innovative solutions for healthier lives and happier homes.
“With operations in over 60 countries worldwide, our products are trusted across the globe.
“In Nigeria, we strive to continuously give our consumers the best quality products that are easily available so that Nigeria becomes a healthier nation.
“Dettol is a trusted champion of health in Nigeria over the last 50 plus years and is known to protect from up to 100 illness causing germs.
“We have been working closely with Ministry of Health, Save the Children and Nigerian Medical Association on creating scaled awareness for Stop Diarrhoea program, which can help reduce child mortality rates from preventable diseases.
“One of the key legs to awareness building in our Stop Diarrhoea program is the Dettol School Hygiene Program where we teach hand washing and good toilet habits to over one million children each year.”
RB is the maker of several popular brands -Dettol, Mortein, Harpic, Durex, Gaviscon, Strepsils, and Airwick in Nigeria and is among the top FTSE companies globally.
By Adedapo Adesanya
Access Bank Plc, the banking subsidiary of Access Holdings Plc, has entered into a binding agreement with South African-based Bidvest Group Limited for the acquisition of 100 per cent equity stake in Bidvest Bank Limited.
The deal for the 24-year-old South African lender is due to be completed in the second half of 2025, upon regulatory approval.
This shows Access Bank’s further expansion plans in line with goals set by its late founder, Mr Herbert Wigwe.
The agreement to acquire 100 percent stake in Bidvest Bank reflects Access Bank’s commitment to strengthening its footprint in South Africa and consolidating on its position as the continent’s gateway to global markets as it seeks to optimise the benefits of recent acquisitions and accelerate its transition towards a greater focus on efficiencies.
Bidvest Bank, founded in 2000 is a niche and profitable South African financial institution providing a diverse range of services, including corporate and business banking solutions and diverse retail banking products.
As of its year ended June 2024, Bidvest Bank reported total assets equivalent of $665million and audited profit before tax of $20million.
Upon conclusion of this acquisition, Bidvest Bank will be merged with the bank’s existing South African subsidiary to create an enlarged platform to anchor the regional growth strategy for the SADC region.
This is coming just as the bank opened a new branch in Malta as part of efforts to focus on international trade finance after obtaining a banking licence from the European Central Bank (ECB) and the Malta Financial Services Authority (MFSA).
Access Bank said the licence marks a transformative milestone in bolstering Europe-Africa trade flows.
The Maltese branch was established by Access Bank UK Limited, the subsidiary of Access Bank Plc, which is also the subsidiary of Access Holdings Plc, which is listed on the Nigerian Exchange (NGX) Limited.
By Modupe Gbadeyanka
To strengthen Europe-Africa trade ties, Access Bank has opened a new branch in Malta. It will focus on international trade finance, employing approximately 30 people in its initial phase, with plans for controlled expansion over time.
It was learned that this Maltese branch was established by Access Bank UK Limited, the subsidiary of Access Bank Plc, which is also the subsidiary of Access Holdings Plc, which is listed on the Nigerian Exchange (NGX) Limited.
Access Bank Malta Limited commenced operations after obtaining a banking licence from the European Central Bank (ECB) and the Malta Financial Services Authority (MFSA).
Access Bank said the licence marks a transformative milestone in bolstering Europe-Africa trade flows.
Malta, a renowned international financial centre, and a gateway between the two continents, is strategically positioned to play a pivotal role in advancing commerce and fostering economic partnerships.
This strategic expansion into Malta enables The Access Bank UK Limited to leverage growing trade opportunities between Europe and Africa.
It underscores the organisation’s commitment to driving global trade, financial integration, and supporting businesses across these regions.
“By establishing operations in Malta, we will gain a foothold in a market that bridges European and North African economies, moving us one step closer to our goal of becoming Africa’s Gateway to the World.
“It further enhances our bank’s capacity to support clients with innovative solutions tailored to cross-border trade and investment opportunities,” the chief executive of Access Bank, Mr Roosevelt Ogbonna, stated.
“Europe has emerged as Africa’s leading trading partner, driven by initiatives such as the Economic Partnership Agreements between the EU and African regions and the African Continental Free Trade Area (AfCFTA).
“With Europe-Africa economic relations entering a new phase, The Access Bank Malta Limited is ideally positioned to deepen trade and meet the financing and banking needs of our clients in these expanding markets,” the chief executive of Access Bank UK, Mr Jamie Simmonds, commented.
Also speaking, the chief executive of Access Bank Malta, Renald Theuma, said, “Malta is uniquely positioned as a bridge between Europe and Africa, making it an ideal location for our subsidiary. This move allows The Access Bank Malta Limited to engage more closely with customers in Europe and deliver tailored financial solutions that drive growth and connectivity across both continents.”
By Adedapo Adesanya
The International Finance Corporation (IFC) and Goldman Sachs have announced a new partnership with African banks, including Nigeria’s Zenith Bank and Stanbic IBTC Nigeria to support the Goldman Sachs 10,000 Women initiative, a joint programme launched in 2008 to provide access to capital and training for women entrepreneurs globally.
The two Nigerian banks are part of nine financial institutions from across Africa which have agreed to join the 10,000 Women initiative committing to leverage the business education and skills tools the programme provides to create more opportunities for women entrepreneurs across the continent by providing access to business education.
Others banks include Stanbic Bank Kenya, Ecobank Kenya, Ecobank Cote d’Ivoire, Equity Bank Group, Banco Millenium Atlantico – Angola, Baobab Group, and Orange Bank.
Speaking on this, Ms Charlotte Keenan, Managing Director at Goldman Sachs said – “10,000 Women has had a powerful impact to date, but we know that there are more women to reach and more potential to be realized.
“We are delighted to partner with IFC to supercharge the growth of women-owned businesses across Africa, and mainstream lending to female business leaders. We remain committed to supporting entrepreneurs with the access to education and capital that they need to scale.”
Since 2008, the 10,000 Women initiative has provided access to capital and business training to more than 200,000 women in 150 countries.
“This expanded initiative marks a significant step forward in creating equitable economic opportunities for women in Africa, enabling them to build stronger, more resilient businesses and to realize their entrepreneurial goals,” said Ms Nathalie Kouassi Akon, IFC’s Global Director for Gender and Economic Inclusion.
Goldman Sachs’ 10,000 Women initiative complements the Women Entrepreneurs Opportunity Facility (WEOF), launched in 2014 by Goldman Sachs and IFC as the first-of-its-kind global facility dedicated to expanding access to capital for women entrepreneurs in emerging markets.
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