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Marriott Hotels Debuts in Nigeria With Opening of Lagos Marriott Hotel Ikeja

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Marriott Hotels - Investors King

Marriott Hotels, the signature of Marriott Bonvoy’s portfolio of 30 extraordinary brands, today announced its debut in Nigeria with the opening of the highly anticipated Lagos Marriott Hotel Ikeja. The hotel reflects the newest global design vision for Marriott Hotels, featuring sophisticated and intuitively designed spaces for today’s modern traveller, enabling guests to relax, work and find inspiration during their stay.

“We are excited to have opened the Lagos Marriott Hotel Ikeja, bringing Marriott Hotels’ transformed vision to Nigeria,” said Volker Heiden, Area Vice President – Sub Saharan Africa, Marriott International. “Lagos is a vibrant and bustling city with much to see and do for leisure and business travellers. What better place to debut the Marriott Hotels brand in Nigeria with its thoughtful service and intuitive spaces that enable guests to be inspired during their stay.”

Lagos Marriott Hotel Ikeja offers 206 guestrooms and 44 suites each with expansive views of the city. The spacious guestrooms are thoughtfully designed with contemporary décor and intuitive in-room amenities.  Natural colours, crisp lines, purposeful lighting and comfortable bedding create an intimate and peaceful space for guests to get into their best headspace for success. Deluxe walk-in showers and spa-like lighting complete the relaxed experience throughout the room.  In line with Marriott Hotels’ newest global design strategy, local accents add a sense of place to the sleek aesthetic. Open workspaces allow for flexibility to connect anytime.

The Greatroom at the heart of the hotel blends modern elements with local touches inspired by Nigeria’s rich heritage and traditional crafts. The multi-use space is designed for guest to socialise, relax and work.

The M Club is an exclusive space reserved for Elite members and Club paying guests and provides complimentary breakfast, evening drinks, hors d’oeuvres and premium beverages throughout the day. The M Club also offers the brand’s signature Mind Menu, a selection of delicious snacks and beverages with active ingredients to enhance mind and body. Accessible 24 hours a day, seven days a week, the M Club provides free Wi-Fi, printing services and power supplies to ensure uninterrupted productivity for business travelers.

Guests can relax in the hotel’s tranquil spa offering rejuvenating and restorative treatments, steam rooms and saunas.  Guests seeking to stay active during their stay can enjoy complimentary fitness classes at the Fitness Center, and make use of the state-of-the-art fitness equipment and outdoor pool.

Lagos Marriott Hotel Ikeja caters to small and large-scale events with 1,380 square metres of sophisticated event space, including the largest ballroom in Ikeja.  The hotel offers six breakout rooms and nine event rooms. The meeting spaces can be adapted to cater to a variety of event formats and group sizes, with pivotable walls, moveable partitions, soft seating and modular furniture. Ideas are easily captured with tech-savvy tools such as rewritable surfaces, magnetic panels and shared-screen technology to support productivity and collaboration.

The hotel boasts a diverse selection of restaurants offering regional and international cuisine. The Azure Grill Restaurant, with stunning views of the pool terrace, serves a variety of dishes cooked to perfection on an authentic charcoal grill. The WAKAME specializes in Asian-Fusion cuisine originating from China, Japan, Thailand and Northern Indian. The Koriko & Co is an all-day dining buffet restaurant featuring international favourites and live cooking stations.

Lagos Marriott Hotel Ikeja is located in the heart of Lagos, just 15 minutes from the Murtala Muhammed International airport and a short distance to the third main land bridge providing easy access to the other side of the Ikeja. The hotel is in close proximity to the city’s main attractions, leisure facilities and shopping malls including the Ikeja City Mall. The hotel also shares its area with The Shrine and Motherland – two globally acclaimed African music entertainment hubs.

“We are exciting to welcome local residents and travellers to our inspiring space and look forward to creating experiences that nurture their creativity,” said Rudi Janse van Rensburg, General Manager, Lagos Marriott Hotel Ikeja. “Guests at Lagos Marriott Hotel Ikeja will be able to free themselves of distractions when they step into our hotel, allowing them to focus solely on being the best they can be.”

To celebrate the opening of the Lagos Marriott Hotel Ikeja, the property launched a special Stay and Dine offer. For details, visit: https://bit.ly/3v8Nz8C.

Guests of the hotel can enroll in Marriott International’s global travel program, Marriott Bonvoy and enjoy more value, more choice and more access across the 30 brands within the portfolio. Existing members can enjoy their member benefits at this exciting new hotel.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Ecobank Group Appoints Jubril Mobolaji Lawal as Regional Executive and Managing Director Designate for Ecobank Nigeria

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Jubril Mobolaji Lawal

Ecobank Group, the leading pan-African banking group, announces that Jubril Mobolaji Lawal has been appointed as Regional Executive and Managing Director designate of Ecobank Nigeria, subject to the approval of the Central Bank of Nigeria.

The appointment is made ahead of Patrick Akinwuntan’s upcoming retirement, due to him reaching retirement age in January 2022.

Mobolaji Lawal joins Ecobank having been a versatile senior banking executive and digital transformation specialist for over 28 years with Guaranty Trust Bank Plc. He has deep involvement and experience in digital and retail banking, corporate and commercial banking, credit risk management and corporate finance. His previous experience includes being Executive Director at GTBank Plc Nigeria, and Non-Executive Director roles at both GTBank Ghana Limited and Nigeria Interbank Settlement Systems Plc. Mobolaji led the team that envisioned and implemented GTBank Plc’s retail and digital banking strategy to achieve industry-wide leadership over a ten-year period and he introduced new products and solutions that have helped to deepen payments and access to digital financial services in Nigeria.

Mobolaji was selected and appointed as Managing Director designate following a keenly contested selection process, which included both internal and external candidates.

Mobolaji Lawal holds a Bachelor of Law degree from the Obafemi Awolowo University, Nigeria; B.L. from the Nigerian Law School and a Master of Business Administration from Oxford University, United Kingdom. He has also attended several executive management and banking specific developmental programmes at leading educational institutions including Harvard Business School, Stanford Graduate School of Business and Institut Européen d’Administration des Affaires (INSEAD).

Commenting on the appointment, Ade Ayeyemi, CEO, Ecobank Group said: “We welcome Mobolaji Lawal to the Ecobank Group and we stand to benefit from the extensive experience that he has acquired in various fields across banking, which will play a major role in continuing to rebuild our franchise in Nigeria. Nigeria is a key market for us, in which we have seen significant improvement over the past three years as we reposition and leverage upon our pan-African strengths in digital products and services, payments and as the go-to-bank for businesses seeking to grasp the growth opportunities being created by the AfCFTA, across all our markets on the continent. I wish Mobolaji the best and assure him of both my support and that of the entire Ecobank Group.”

Mrs. Bola Adesola, the Chairman of the Board of Ecobank Nigeria said: “We look forward to working with Mobolaji and assure him of the full support of the Board, Management and all the staff of Ecobank Nigeria. The business in Nigeria is on the path of transformation and we are confident that Mobolaji will have significant impact in advancing our positive trajectory.”

Mobolaji Lawal will assume the position of Managing Director, Ecobank Nigeria, upon receiving the approval of the Central Bank of Nigeria and after Patrick Akinwuntan retires.

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South Africa Encourages Nigerian Businesses to Expand to the Country

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In an effort to improve trade relations between Nigeria and South Africa, the South African High Commissioner to Nigeria Thamsanqa Dennis Mseleku has implored more Nigerian businesses (especially financial institutions) to expand their businesses to South Africa.

The South African representative revealed that the South African consulate was currently working on issuing Nigerian business owners (or operators) visas valid for ten years, in order to further bolster business relationship between both countries.

This was mentioned by Mseleku yesterday on ‘The Morning Show’, a programme which is monitored closely by Arise news, on which he also noted that the bilateral agreements being signed by both countries would be fully executed in the coming years.

According to Mseleku, Nigerian businesses are operating in South Africa, with the issue being raised back in 2019 when President Buhari was present in South Africa specifically talking about Access Bank and Air Peace. Mseleku stated that Access Bank has since opened up a branch in South Africa, and Air Peace is now making flights to and from South Africa.

Mseleku then said,”So, the issue is that we must encourage more businesses that want to go to South Africa from Nigeria to do so particularly in the financial sector.”

This prospective deal between both countries is promising, because the encouragement of Nigerian businesses to come into South Africa may eventually lead to more South African businesses coming into Nigeria to operate. The moves will undoubtedly boost the economies of both countries.

It may also encourage other African countries to engage in trades and have bilateral or multilateral agreements with other African countries, boosting economies across the entire continent.

Mseleku also noted that some South African countries were pulling out of Nigeria, which he cited as one of the reasons for the visit of the South African President.

He also addressed the inaccessibility of visa to business personnel, saying that the country is agreeing and would go on implementing longer term visas for them. He then mentioned the 10 years visa which the country is considering.

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All Business Stakeholders Will Benefit from Stronger ESG Policies, Says GlobalData

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The age-old view that addressing environmental, social and governance (ESG) issues will make a dent in profits is a myth, says GlobalData. The leading data and analytics company notes that businesses that embrace all three elements of ESG will actually outperform their peers.

Cyrus Mewawalla, Head of Thematic Research at GlobalData, comments: “The reluctance of many CEOs to fully engage with sustainability can be attributed to the age-old view that it will hurt profits. However, GlobalData’s research suggests the opposite: CEOs that are too slow to improve their company’s approach to ESG will see an exodus of customers and a drop in profits far sooner than they ever imagined.”

GlobalData’s latest thematic report, ‘Thematic Research: ESG – Top Trends by Sector‘, notes that, while saving the planet used to just equate to implementing sustainable practices such as ‘limiting the use of plastics’ and ‘reducing carbon footprint’, ‘sustainability’ has morphed into an umbrella term that includes all aspects of ESG issues. The company proposes an ESG framework that identifies key areas in which companies should invest. One of these is climate change.

Luke Gowland, Analyst in the Thematic team at GlobalData, comments: “With COP26 setting the agenda on climate change, companies are focusing their efforts on tackling carbon emissions by switching to renewable energy and undertaking energy efficiency projets. However, companies must excel across all three aspects of ESG, and not overlook the importance of strong social performance and having the correct governance structures in place to achieve ESG goals.”

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Citizens, governments, regulators, and the media are turning the spotlight on corporations and demanding action. Social inequality, corruption, tax avoidance, and a lack of action on climate change are all issues that companies must now address head-on, in full public view.

Since Q1 2021,GlobalData has been asking respondents to detail their company’s approach to ESG goals In Thematic Sentiment Analysis, Q3 2021, conducted in Q3 2021, nearly a quarter of respondents thought that, for most companies, ESG was just a marketing exercise.

Gowland continues: “Our latest sentiment analysis report shows that more companies have changed their behavior to meet ESG goals (33%) than not (22%). While the attitudes towards ESG are improving, there is a long way to go.”

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