Quick Takes

ACCA, CIBN, Others to Tackle Fraud

The Presidential Advisory Committee Against Corruption (PACAC) in collaboration with the Association of Chartered Certified Accountants (ACCA), The Convention on Business Integrity (CBi) and the Chartered Institute of Bankers of Nigeria (CIBN) have joined forces to tackle fraud and financial corruption in the country’s banking and finance sector.

The anti-corruption programme themed: “Financial Systems Integrity Improvement,” is a conference scheduled for 30th June, 2017 in Abuja.

According to a statement, the keynote speaker for the event will be Nick Leeson, “whose dealings at Barings Bank led to the collapse in1995of one of Britain’s oldest financial organisations.”

The conference is expected to address regulatory and institutional measures being taken by the financial services sector and regulators to minimise fraud and corruption in the sector, the effectiveness of such measures and required steps to close existing gaps and effectively sanction breaches by few defaulting players.

“The collaborating partners are persuaded that all stakeholders in the financial services sector share a common goal for enthronement of systemic integrity and accountability in light of existing self-regulating measures albeit inadequate.

“Therefore, the conference will identify further preventive and practical measures required by the players and regulators to tackle fraud, corruption and other forms of financial crimes,” it added.

MallforAfrica.com Extends Operation

In a move designed to live up to its name as the continental online shopping platform, Mall for Africa, has upped its ante with the recent launch of its Kenyan entity. The management of the e-commerce company stated that the decision to explore the market is in a bid to serve its Kenyan and the wider East African audience.

Speaking on the expansion, Chief Executive Officer and Co-Founder, Chris Folayan, the move is a direct result of the company’s drive to cover the growing African market with robust shopping options in line with the expansionary bent of its current phase of growth.

According to him, this is responsible for the different initiatives it has sprung in recent months to increase consumer access through its new websites – Grocery Direct, Fashion Direct, and eBay ‘powered by Mall for Africa’.

He described the company as an organisation that functions as an ecommerce store and payment solution for the African shopper who wishes to purchase and items in from stores in the UK and US.

He pointed out that as the reality of a wider market made possible by enhanced internet access and a growing middle class grows, Mall for Africa is situating itself to live up to the expectation of its digitally-empowered audience who desire quality products ranging from fashion to groceries from reliable merchants across the world.

“We bridge the e-commerce gap between continents and provide high-quality products to people in Africa. The Mall for Africa app is the medium by which the company facilitates this with over 200 US & UK stores, 10,000 brands and 8.5+ billion items,” he said.

Outori Joins Densu Aegisg Network

Nigeria’s Outori, an unconventional consumer experiential agency has formally signed an affiliation arrangement with global advertising networks, Dentsu Aegis Network in a strategic move designed to enhance both companies’ mutual positioning and business footprints in the sub-region.

Outori, which came into the market just about ago has made some defining moves as one company in the market that enjoys the membership of both the experiential and advertising sectorial groups in the ocuntry, EXMAN and AAAN respectively.

Led by the trio of Obinna Aniche as President; Wole Olagundoye as Managing director and Dele Anifowoshe asV.P, Business Development, Outori has emerged as one of Nigeria’s fastest growing consumer experience agencies and ranked at the top of its chosen field. “The leadership team has earned numerous awards for creativity, execution and effectiveness both on the agency and client’s sides across Africa”.

Outori as a full fledged brand communications agency, offers specialised services in experiential marketing, live experiences, activations, sponsorship planning, digital marketing, media consulting and content marketing.