Tuesday, April 21, 2015  
Home  Africa  Nigeria 
Nigeria  GULDER SPLASHES N20.5m ON CLUBS Nigerian Breweries
Exactly one year after it began a partnership with selected Football Clubsides,Gulder, sponsor of eight Nigerian professional league clubs, has given the sum of N20.5 million and kits in fulfillment of the agreement it has with the clubs. The presentation, held at the conference room of Mainland Hotel, Oyingbo, Lagos,was attended by representatives of the clubs which included Lobi Stars of Makurdi, Rangers International of Enugu,Shooting Stars Sports Club of Ibadan, Sharks of Port Harcourt, BCC Lions of Gboko, Iwuanyanwu Nationale of Owerri and Insurance of Benin.

A breakdown of the figures shows that Rangers International of Enugu received N5million, Insurance N3million, while Nationale, Sharks and Lobi Stars received N3million each. Shooting Stars were given N1.5million and another N1million as a bonus for gaining promotion to the Premier League while BCC Lions got N1million.

All the clubs were each presented with 3 sets of Jerseys (30 pieces),3 pairs of Boots(30 pieces each),33 training bibs,33 pairs of Track Suits,40 Balls and 33 Bags.

In his address, Mr. Larry Agose, Public Relations Adviser, Nigerian Breweries said the sponsorship grant to CAF Champions League winner; Enyimba International Football Club of Aba would be presented to the club whenever they are ready. Mr Agose revealed that Gulder has so far spent over N150million in various forms of promotional support to her sponsored clubs.

This, he said, included purchase of match tickets for distribution to fans, raffle-based rewards for match attendance, sponsorship of post-match entertainment for fans. “All these are aimed at enhancing the fan base of the clubs, drawing up match attendance, making clubs more popular, and over all, making the Nigerian League more exciting and great once again”, he said.

According to Mr. Dan Esiekpe, Marketing Director, Nigerian Breweries Plc, the status of the clubs at the time of signing the agreement determined how much each of them was given. He explained that, Rangers, got N5million because it was engaged in a continental assignment last season when it joined the Gulder Partnership while Lobi Stars has been given training grants for her continental assignment. He promised that Gulder will look into the agreement with the other clubs whose status have changed.

The Clubs were represented by Emmanuel Okala (Rangers), Dominic Iorfa (Lobi Stars), Sola Akinwale (3SC), E.S. Abbey (Sharks), Ignatius Okehialam (Nationale) while BCC and Insurance were represented by their Chairmen.

Nigerian Breweries plc | Nigeria Stock Exchange | NB Monday, April 20, 2015 
Close Price (NGN)
Open (NGN)
High (NGN)
Low (NGN)
Change (NGN) [% Change]
-0.45 [-0.2790%]
Value (NGN)
52 Week High (NGN)
52 Week Low (NGN)
YTD High (NGN)
YTD High (NGN)
P/E Ratio
Shares Outstanding
Market Cap (NGN)
NA = Not Available
The Nigeria Stock Exchange
Top 5 % Gainers 20 April
Name Close Chg % Chg
National Salt Company of Nigeria plc 8.92 +0.43 +5.06%
Flour Mills Nigeria plc 35.70 +1.70 +5.00%
Ashaka Cement plc 21.02 +1.00 +5.00%
Vono Products plc 1.06 +0.05 +4.95%
Cement Company of Northern Nigeria Plc 11.68 +0.54 +4.85%
Top 5 % Losers 20 April
Name Close Chg % Chg
Costain West Africa plc 0.95 -0.05 -5.00%
Nigerian Aviation Handling Company plc 6.52 -0.34 -4.96%
Ikeja Hotel plc 4.61 -0.24 -4.95%
Dangote Flour Mills plc 4.42 -0.23 -4.95%
Eterna Oil and Gas plc 2.98 -0.15 -4.79%
User Comments and Discussions
(Newest to Oldest)
Top Headlines
Uncharted African regions and sectors offer growth opportunities for SMEs - DHL
Dr Álvaro Sobrinho beats allegations following collapse of Banco Espírito Santo
Francis DUFAY takes the reins of JUMIA in Côte d'Ivoire to lead the growth of e-commerce
Equatorial Guinea ratifies new ExxonMobil exploration agreement
NSE All Share
Updated: 20 April
Close 34,730.95
Net Change -274.47
Pct Change -0.78%
The Nigeria Stock Exchange
Top Volume Movers 20 April
Standard Alliance Insurance Plc 183,597,200
United Bank for Africa plc 24,126,530
First Bank of Nigeria plc 20,916,170
Transnational Corporation of Nigeria Plc 15,917,720
First City Monument Bank plc 13,682,940
Top Value Movers 20 April
Nigerian Breweries plc 313,916,800.00
Stanbic IBTC Bank Plc 283,243,800.00
Zenith Bank Plc 260,860,200.00
Guaranty Trust Bank plc 224,977,300.00
First Bank of Nigeria plc 210,868,100.00
Related News  
Nigerian Breweries Records Increased Profits (07/22/2013)  
SEC Names 32 Securities for Margin Loans (06/14/2013)  
PRICE ADJUSTMENT:-17TH MARCH 2011 (03/17/2011)  
Speech on Gulder Ultimate Search (04/14/2004)  
NIGERIAN BREWERIES GIVES Bonus Shares (04/07/2004)  
Nigerian Breweries Retains "Quoted Company of the year" Award (12/11/2003)  
THE "STAR" STORY AT 55 (06/08/2003)  
Home Contact Us Privacy Policy  
Copyright ©2005 - 2012 moneyhub.net All Rights Reserved