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LCCI Names CNBC Africa ‘Best Business Television’

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LCCI Names CNBC Africa 'Best Business Television'

By Dipo Olowookere

Africa’s most powerful multiplatform business media brand, CNBC Africa, was on Tuesday, May 1, 2018, announced as the ‘Best Business Television by the Lagos Chamber of Commerce & Industry (LCCI).

The media platform was honoured at a ceremony organised by LCCI at the Oriental Hotel, Victoria Island, Lagos.

Business Post reports that the award, which aims to acknowledge the very best of business journalism, comes in recognition of the network’s efforts to highlight the narrative of Africa’s growth and the opportunities present in the continent.

CNBC’s Executive Director for West Africa, Mr Frederic Vandevyver, who collected the award on behalf the firm, expressed his gratitude for the honour.

Mr Vandevyver noted that CNBC Africa remains committed to creating value and empowering people by accurately and passionately telling Africa’s business story first.

“To get an award in Lagos, which in my opinion is one of the most vibrant economic and business cities in Africa, means a lot.

“I want to dedicate this award to the team working here in West Africa. They work 24 hours, 7 days a week to ensure that we cover all the business news in the best way possible. This award goes to them,” he said.

The network aims to be Africa’s business channel of choice across the continent – focused on aggressively growing its viewership by making the channel more accessible to the average African, this award does provide more momentum and encouragement to channel to achieve its dream.

According LCCI’s Director of Advocacy & Research, Dr Vincent Nwani, “the objective of the annual awards is to recognise, celebrate and promote private and public institutions that have exhibited the core values of best business practices, growth through innovations, business sustainability and have positively impacted the society.

“This award is the outcome of a painstaking selection process from numerous entries received for this award category and backed by feedback from industry/market intelligence”.

The distinct blend of PAN African and International content, and keen focus on economic news led CNBC Africa to emerge as the undisputed winner of this award.

CNBC Africa commenced its African journey in 2007- and has since then, grown to be a dependable network for actionable business and financial information.

The detailed coverage provided by the channel across markets and sectors, makes it a reliable source of information to the African business community.

With a viewership crossing 23 million households on DSTV, Startimes Nigeria, Canal Plus and Kwese TV, across 48 African countries- CNBC Africa bridges the gap between CEO’s, entrepreneurs, government, the business community and the average man.

The channel has state-of-the-art infrastructure and studios in Lagos, Abuja, Port Harcourt, Kigali and Johannesburg, and imbibes a PAN African spirit unique to itself.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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Bigi Cherry Cola Lover Wins Car in 3rd Watch and Win Promo

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Dove Akinadewo Bigi Cherry Cola Lover

By Modupe Gbadeyanka

A woman, Mrs Dove Akinadewo, has emerged as a brand-new car winner in the 3rd Bigi Watch and Win Promo in Lagos.

She clinched the prize at the raffle draw event held at Silverbird Cinemas for consuming Bigi drink products.

Mrs Akinadewo, a Bigi Cherry Cola lover, expressed her excitement over the gift and lauded the Bigi brand for engaging consumers with memorable experiences that change lives across the country.

“I am so happy. I am now a brand-new car owner, and I have Bigi drinks to thank for this. Whenever I watch movies now, I think of Bigi drinks and take my favourite Cherry Cola to heighten my movie experience,” she said cheerfully.

The Watch and Win Promo is an event flagged off by Bigi drinks in December 2021 to excite movie and cinema lovers in Lagos and Abuja by offering them rewards for their viewing experiences.

At the draw in Lagos, other consumers received consolation prizes like laptops, Bigi products, blenders, printers, air pods, and several others.

Commenting on the development, the Assistant Brand Manager of Bigi, Ms Biola Aransiola, reaffirmed the brand’s goal and commitment to creating refreshing experiences for its consumers, especially movie and entertainment lovers in the country.

“With the Watch and Win Promo, the Bigi brand offers movie lovers an exciting, enduring and thrilling experience that will consolidate consumers’ loyalty,” she affirmed, stressing that the promo demonstrates the brand’s commitment to the growth of the movie industry and entertainment sector by adding value to lives through rewarding movie and cinema lovers.

The Watch and Win Promo inspires exciting movie experiences that offer movie lovers and consumers a great reward for their money while enjoying their favorite movies with family and friends.

With the third edition of the promo, the Bigi brand has heightened the excitement and anticipation of the initiative as movie lovers in Lagos and Abuja keep looking forward to storming the Silverbird cinemas to engage with the brand which offers its unique and thrilling experience with its array of 13 fantastically refreshing variants from its portfolio.

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Why Automated Dashboard is Falling Short in PR Measurement

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automated dashboard

By Philip Odiakose

Public relations is an integral part of any organization’s communication strategy. It involves creating and maintaining a positive image of the brand in the minds of the target audience. PR professionals use various tactics, such as media relations, influencer marketing, and content creation, to achieve their goals.

However, measuring and evaluating the effectiveness of these tactics is crucial to understanding the return on objective (ROO) and making data-driven decisions.

In recent years, many PR professionals have turned to automated dashboards to measure and analyze their PR metrics. While these dashboards offer a level of convenience, they are falling short in PR measurement. In this article, I will explore why automated dashboards are not the silver bullet for PR measurement.

  1. Lack of Customization

One of the major drawbacks of automated dashboards is the lack of customization. These dashboards are designed to be a one-size-fits-all solution, which means that they may not capture all the metrics that are relevant to a particular PR campaign or engagement.

For instance, if a company is running a campaign to increase its media presence, the automated dashboard may not track all the relevant metrics, making it difficult to gauge the campaign’s success accurately. Automated dashboards may also not take into account the specific goals and objectives of the PR campaign, resulting in incomplete data and inaccurate results.

  1. Inability to Measure the Quality of Coverage

Automated dashboards are designed to measure the quantity of media coverage, such as the number of mentions, shares, or likes. However, they are unable to measure the quality of the coverage. Quality metrics, such as tone, message penetration, and audience reach, are essential for PR professionals to determine the effectiveness of their campaigns.

Automated dashboards may miss crucial quality metrics that could impact the PR campaign’s success. For example, a high number of media mentions may seem positive, but if the tone of the coverage is negative, it could harm the brand’s image and reputation.

  1. Lack of Human Analysis

Automated dashboards rely on algorithms to analyze data, which may not always produce accurate results. There are certain nuances and context-specific factors that can only be identified by human analysis. For example, a spike in media coverage for a particular brand could be due to negative news coverage, which an automated dashboard may not be able to differentiate from positive coverage.

Human analysis is necessary to understand the context and nuances of PR measurement accurately. Automated dashboards may also miss out on important trends and patterns that require a human touch to identify and analyze.

  1. Inability to Integrate with Other Data Sources

PR measurement is not just about measuring media coverage. It requires integration with other data sources, such as web analytics, sales data, and customer feedback. Automated dashboards may not be able to integrate with all these sources, making it difficult for PR professionals to get a holistic view of the campaign’s effectiveness.

For instance, if a PR campaign is designed to increase sales, the automated dashboard may not be able to connect the media coverage to the actual sales figures, leading to incomplete data and inaccurate results.

  1. Lack of Actionable Insights

Automated dashboards provide a lot of data, but they may not provide actionable insights. PR professionals need insights to make data-driven decisions and improve their campaigns. Automated dashboards may not provide insights that are specific to the campaign’s objectives, making it difficult to improve and optimize the campaign.

PR professionals need insights that can help them identify what is working and what is not and make adjustments accordingly. Automated dashboards may not be able to provide such insights, resulting in incomplete data and inaccurate results.

In conclusion, automated dashboards may offer a level of convenience in PR measurement, but they are falling short of providing accurate, comprehensive, and actionable insights.

PR professionals should opt for Media Intelligence Consultants that provide human analysis and measure both the quantity and quality of media coverage. Such solutions can help PR professionals make data-driven decisions and improve their campaigns’ effectiveness.

Philip Odiakose is the Chief Insights Consultant at P+ Measurement Services, a Media Intelligence Consultancy in Lagos state, Nigeria.

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Aleph Organises Free Online Digital Marketing Masterclass

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free online digital marketing masterclass

By Modupe Gbadeyanka

A free online digital marketing masterclass will take place on Thursday, March 23, 2023, at 7 pm Nigerian time, with a certificate issued at the end of the training.

The course is being put together by a global partner of the world’s leading digital platforms, Aleph, as part of its Digital Ad Certificate, a global free online training and certification program in digital marketing aimed at people without prior experience.

Participants will have the opportunity to learn from the CEO and founder of the company, Mr Gaston Taratuta, who will share the learnings of his path to being selected as the world’s best entrepreneur in 2022.

Interested participants of the free 90-minute training titled How to be an Entrepreneur in the Digital World would be required to register through this link.

The training also includes a cooperative learning methodology focused on teamwork, which generates constant exchange with the other people taking the classes.

More than 7,000 students in 100 countries participated in the proposal, with a satisfaction ratio of 9.2 out of 10, according to surveys conducted with the students. The goal is to certify 50,000 people worldwide.

At the end of the course, students will receive a certificate from Aleph, which also shares the profiles of the graduates with the thousands of clients it has globally. The training lasts three months and includes theory, information on various platforms, cases, assignments, and masterclasses.

“When I started my path, I experienced difficulties accessing digital education, which is why we decided to make the Digital Ad Certificate available to everyone. This masterclass summarises my entrepreneurial journey and aims to inspire more people to get involved in digital marketing, one of the fastest-growing industries in the world that offers enormous development opportunities for individuals, small and medium-sized enterprises, and even economies in the region,” Mr Taratuta said.

With only $5,000, Mr Taratuta founded IMS, the first company in Aleph’s portfolio, in 2005. The company quickly became a partner in the region of digital firms from Silicon Valley, which were starting to show their potential and appeal as platforms for brands.

In 2010, five years after its creation, IMS already had offices in Argentina, Brazil, Mexico, and Colombia and was consolidating its position alongside major digital platforms and collaborating with companies seeking new levels of attraction.

In 2017, with the acquisition of Httpool, the company embarked on a journey beyond the limits of the Americas, which was consolidated with the creation of Aleph Group Inc, a global company that in 2021 achieved unicorn status with a market valuation of over one billion dollars and a presence in more than 115 markets.

In 2022, he was selected as the “EY World Entrepreneur of the Year 2022,” a global competition for entrepreneurs that includes businessmen from more than 60 countries.

“Our goal as a company is to universalize access to digital advertising to unlock economic development worldwide. To achieve this, we need many more people with technical knowledge in digital marketing, and that is why Digital Ad Certificate is a great opportunity,” added Mr Taratuta.

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