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Mouka Splashes N111m on Business Partners, Staff

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Mouka N111m

By Modupe Gbadeyanka

Over N111 million worth of scholarships, high-end laptops and educational materials have been given to the children of business partners and members of staff of Mouka.

The items were given to the beneficiaries during the annual Business Partner Awards of the company, which took place at D’Podium International Event Centre in Lagos on Saturday, February 5, 2022.

A total of 15 junior staff of Mouka went home with scholarships worth N5 million as an act of goodwill from the company.

Speaking at the event, the CEO of Mouka, Mr Raymond Murphy, praised the business partners who have stayed committed and contributed immensely to the company’s growth trajectory.

“Their unwavering commitment is evident in their sales and distribution of Mouka’s portfolio of quality products to millions of consumers across the country. They have demonstrated an immense commitment to this partnership and Mouka’s revenue growth despite Nigeria’s economy for our mutual benefit.

“With extensive collaboration on many initiatives, they have made our brand a household name in Nigeria in pursuance of our mission of adding comfort to life,” he stated.

According to the Managing Director of Mouka, Mr Femi Fapohunda, Mouka continues to look for ways to add comfort to the lives of its stakeholders, including its business partners.

“Mouka, for many, is a generational business passed from parent to child. Mouka seeks to empower the next generation of Business Partners through this initiative. We are safeguarding the future of our business by investing in our loyal Business Partners, their businesses and their families,” Mr Fapohunda said.

The company’s Chief Commercial Officer, Mr Dimeji Osingunwa, said without the business partners, Mouka could not achieve such impressive brand penetration, a factor that has earned it the industry’s leadership position.

To reward the continued commitment of these business partners, Mouka has consistently showered them with various gifts to expand their businesses while also safeguarding their health and wellbeing.

“In the recent past, we have presented trucks to our partners to ease the burden of distribution. Likewise, most of our Business Partners and their families are on various health plans fully catered to by Mouka.

“This year, we thought to ourselves, how else can we add comfort to the lives of these people whose dedication knows no bounds? We decided to reward them with over N111 million worth of educational support for their children to ease the burden of tuition.

“We believe this would further strengthen our relationship even as we continue to partner to ensure the Mouka brand remains Nigeria’s leading brand in this industry,” he said.

Speaking on the scholarship presentation to junior staff, Ifeoma Okoruen, Mouka’s Head of Human Resources, said, “Mouka is a company that indeed values its people, continuously looking for ways to do right by them.

“From investing in training programs with the Lagos Business School to various welfare packages and incentives, Mouka always puts the needs of its people first.

“As an act of goodwill from the company, we decided to support our junior staff with scholarships for their children to lessen their burdens. The response from our people to this gesture has been simply overwhelming.”

Eulogising the management of Mouka for the laudable scheme, Nollywood legend and Mouka brand ambassador, Sola Sobowale, said she is proud to be associated with such a brand that indeed cares for its people, partners and consumers.

She also shared her experience with the brand since childhood while encouraging others to join the Mouka family. The A list celebrity also narrated how sleeping on Mouka has helped safeguard her wellbeing to ensure she stays on top of her game in the movie industry.

Similarly, the beneficiaries commended Mouka for the goodwill, which would relieve them of the stress of tuition fees. They said this came as a surprise, applauding the market leader as the huge gesture is unprecedented in the industry.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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IWG Plans Flexible Working Spaces in Lagos Amid Growing Demand

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International Workplace Group

By Adedapo Adesanya

International Workplace Group (IWG), the world’s largest provider of hybrid working solutions with notable brands like Spaces and Regus, is opening two state-of-the-art flexible workspaces in Lagos to meet the rising demand.

The addition of IWG’s latest locations, HQ Lagos Lekki Link Bridge and Regus Lagos Mansard Place, followed the business posting its highest-ever revenue, cashflow and earnings growth in its history and achieving rapid network growth, signing 465 new locations in the first half of 2024 alone.

According to the company, the adoption of hybrid working rapidly is accelerating across Nigeria and these new locations in Lagos are part of the drive by IWG to meet the sharply rising demand for top-class flexible working space in the area.

Its unique offering will enable local people to experience living in a “15-minute” city, allowing workers to work close to their homes without commuting far from where they live.

The HQ workspace is set to open in Lekki in March 2025 and will It will be located on the 2nd and 3rd floor while the Regus location at Mansard Place (situated at Plot 928, Bishop Aboyade Cole Street, Victoria Island) will be on the 3rd floor of the six storey building and will open in February 2025.

The buildings will provide space for established firms and start-ups across a range of industries, while IWG’s Design Your Own Office service allows companies to tailor their space entirely to their requirements. The new locations will include facilities including private offices, meeting rooms, co-working and creative spaces.

With explosive market growth as companies of all sizes adopt hybrid working for the long-term, it is predicted that 30 per cent of all commercial real estate will be flexible workspace by 2030 and IWG believes that partners will be able to capitalise on this fast-growing sector,

The potential for further growth is exponential with an estimated 1.2 billion white collar workers globally and a total addressable market of more than £1.57 trillion. Conventional office occupancy will continue to fall as businesses require less traditional space and turn to flexible workspace instead.

Last year alone, IWG welcomed over 800 new partner locations and counts 83 per cent of Fortune 500 companies among its customer base.

Speaking on this, Mr Mark Dixon, CEO & Founder of International Workplace Group Plc, commented: “We are establishing a stronger and much-needed footprint in Nigeria with this these latest openings.

“As an important business hub Lagos is a fantastic place for us to boost our expansion plans. The need for high-quality flexible workspaces continues to soar as hybrid working becomes the new normal.

“We are very pleased to work in partnership with Sterling Bank and APD Mansard Place to develop the brand under a management agreement that will add a cutting-edge workspaces to their the buildings.

“Our openings in Lagos comes at a time when more and more companies are discovering that flexible working boosts employee happiness and satisfaction, while helping the environment. Our workplace model is also proven to increase productivity and allows for a business to scale up or down at significantly reduced costs.”

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Airtel Nigeria Wins Most Preferred Telecom Brand Award

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Airtel Most Preferred Telecom Brand

By Modupe Gbadeyanka

Another award has been added to the shelves of Airtel Nigeria for the quality service it offers its numerous subscribers.

At the 14th Nigerian NewsDirect Awards held at the Lagos Oriental Hotel on Friday, December 6, 2024, the company went home with the Most Preferred and Admired Telecommunications Brand award.

The chief executive of Airtel Nigeria, Mr Dinesh Balsingh, thanked the news platform for the recognition, reiterating the dedication of the organisation towards the growth of Nigeria.

“At Airtel, we remain steadfast in our mission to enrich lives and contribute to the sustainable growth of our nation, and we are proud to receive this award as the Most Preferred and Admired Telecommunications Brand.

“This recognition reaffirms our commitment to connecting Nigerians, driving digital inclusion, and empowering communities through innovative solutions,” he said.

The ceremony, themed Achieving Economic Prosperity: The Role of Human Capacity Development, Fiscal Prudence, and Revenue Generation, celebrated outstanding contributions made by individuals and corporate organisations to national development across sectors and industries.

The chairman of Odu’a Investment Limited, Mr Bimbo Ashiru, thanked all participating entities for their “continuous contributions and support to the nation’s growth.”

“You have demonstrated excellence and have significantly contributed to Nigeria’s progress and we believe this platform will continue to highlight and encourage best practices across industries,” he stated.

The event attracted several persons, including the chairman of the Lagos State Internal Revenue Service (LIRS), Mr Ayodele Subair; and the Registrar-General of the Corporate Affairs Commission (CAC), Mr Hussaini Ishaq Magaji; among others.

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Rite Foods Backs 2024 Ibadan Chops, Chills Festival

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Rite Foods Ibadan Chops and Chills Festival

By Modupe Gbadeyanka

The second edition of the Ibadan Chops and Chills Festival held on December 1, 2024, received the backing of Rite Foods Limited.

It was a platform for young entrepreneurs, food vendors, and entertainers to showcase their talents and promote the rich cultural heritage of Oyo State in particular, and Nigeria in general.

Rite Foods used the event to foster growth and innovation among enterprising youths in society in demonstration of its commitment to youth empowerment and community engagement.

The Corporate Communications Manager at Rite Foods, Mr Innocent Adulugba, said, “As a manufacturing company driven by innovation, Rite Foods Limited believes in the power of young people and the importance of providing platforms that enable them to showcase their skills and talents.”

“The Ibadan Chops and Chills Festival aligns with our mission to inspire, support, and add value to talents and entrepreneurs across Nigeria,” he added.

“Rite Foods Limited recognizes the Ibadan Chops and Chills Festival as a platform for growth and that is why the company is here today to leverage support so the participating food exhibitors can benefit via joint marketing efforts, co-promotions, and expanded distribution channels under one roof,” Mr Adulugba stated.

“We are partnering with food vendors to offer consumers a more comprehensive and enjoyable experience, such as pairing beverages like Bigi, Sosa or Fearless with complementary food options of their choice,” he noted.

Also speaking, the convener of the programme, Ms Chinwendu Festus of Wendy’s Kitchen, said, “The first edition of Ibadan Chops and Chills was a success, which inspired us to aim higher this year.

“Our goal is to provide young people with the space to showcase their culinary talents, grow their businesses, and connect with a broader audience.”

The Commissioner for Youth and Sports, Ms Wasilat Adefemi Adegoke, stated, “This initiative is one of the best I have seen. It aligns perfectly with our administration’s goals of empowering the youth, promoting cultural heritage, and fostering talent.”

It was gathered that the festival featured cooking competitions, entertainment shows, guest tours and vendor exhibitions, which highlighted the diversity and ingenuity of participants and the diversity of food options on display.

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