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Beware of affiliation, expert warns local agencies

Chief Creativity Officer of X3M Ideas Steve Babaeko has warned agencies in the nation’s integrated marketing communication industry against rushing into becoming affiliates of foreign players. The warning follows the spate of problems that have trailed such partnerships, in the Nigerian advertising industry in recent past. Before consummating such relation, the leading creative

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Studio Press suffers 34.77% profit dip

Studio Press Nigeria on Wednesday submitted it half year financials to June 30, 2013 showing a 34.77 per cent profit slide from N13.931 million in the comparable period of 2012 to N9.086 million. Its revenue also dropped from N2.861 billion in 2012 to N2.585 billion; representing 9.65 per cent just like

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NSIA will not manage N3.4tr pension funds – FG

The Federal Government has reaffirmed that there are no plans for the Nigeria Sovereign Investment Authority (NSIA) to manage pension funds, which it says is the sole responsibility of the National Pensions Commission (PenCom). The nation pension asset is contributed by about 5.5 million workers is currently estimated at N3.4 trillion. Rather,

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