CompexAfrica Unveils Free Online Tool

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CompexAfrica, a business exit company that created the first online platform in Nigeria for buying and selling businesses (www.compexafrica.com) last year, has announced the launch of its free online business valuation tool for business owners and anyone who wants to have an idea of what buyers could pay for their business.

After several months of intensive development and testing, this user-friendly valuation tool very clearly and concisely walks users through every step of the valuation process. This enables the user to work out a decent estimate within a few minutes. Also, it is designed to create an estimated market value for a company based upon a diverse set of attributes.
The business owners and buyers are offered the opportunity of having an idea of the value of their business instantly for free by few clicks. The valuation tool is on www.compexafrica.com.

The Chief Operating Officer of CompexAfrica, Ifeoma Uddoh, said: “It’s important for business owners to have an idea about what their business could be worth while talking to a business broker or prospective buyer. The tool uses the Discounted Cash Flow (DCF) method by taking the expected future cash flows and “discounts” them back to the present day, to give a well-argued valuation. Users should ensure they use actual financial data, and they should compare value given with other valuation method.”
CompexAfrica believes that the launching of the business valuation tool is another significant contribution to the business ecosystem in Nigeria.

Turkish Airlines Launches New Commercial

Turkish Airlines, the winner of the “Best Airline in Europe” award for the last six years in a row given by the most respected global airline passenger survey organization, Skytrax, debuted its new commercial starring Oscar winner Morgan Freeman. The commercial was first aired during the most-watched show in U.S. TV history, Super Bowl, the final game of the National Football Team (NFL) on February 5th.

After meeting the audience with a fantastic ad campaign “Batman v Superman” in last year’s game at Super Bowl 50, which had an estimated audience of over 800 million people worldwide, Turkish Airlines once again made a debut with a new commercial starring Morgan Freeman at this year’s game.

The commercial film is directed by the famous director Matthias Zentner, who has also directed commercials for many global brands. Shot in Los Angeles in a period of 10 hours with a crew of 101 people, the commercial will be meeting the audience on 16 TV channels, and the most prestigious media outlets around four continents.

Commenting on the deal made with the Oscar-winner actor, director, voice actor and pilot Morgan Freeman, M. Ilker Ayci, Chairman of the Board and the Executive Committee of Turkish Airlines said “We not only fly to more countries than any other airline in the world, but also invest in passenger experience at every destination we reach. In line with our global growth strategy, we will continue at full speed to launch new flight destinations. We are committed to innovation and we always aim for the best. We are more than satisfied by the feedback on and outcomes of our celebrity ad campaigns with world-famous figures so far. Our new ad campaign with Morgan Freeman has already been a smash hit. We value our deal with Freeman for his contribution to our global image and brand awareness.”

Morgan Freeman said, “As a licensed pilot, I have had a special interest in flying, and I know Turkish Airlines is consistently awarded for its unique offerings and innovative services that continue to score resounding successes. Besides it has amazingly delicious on-board and lounge catering. It’s an honor to work with such a prestigious airline that flies to more countries than any other airline in the world.”

Turkish Airlines had also sponsored “Batman v Superman: Dawn of Justice”, one of last year’s most popular movies, and broadcasted its commercial video starring.

TVC Partners InfoWARE for Better Business Coverage
To enhance robust business content, Television Continental has entered into a strategic partnership with InfoWARE, a business software and technology company. The collaboration is expected to deepen TVC’s media coverage of the business environment.

According to the broadcasting company, the partnership, which was sealed Thursday, will enable TVC be the first to broadcast live market data with an extensive coverage of the Nigerian Stock Exchange (NSE), National Association of Securities Dealers (NASD), Alternative Securities Market (ASeM) and other African Markets. The service will be launched with two programmes; Business Zone and Business Nigeria which are currently running on the broadcast station.

Speaking on the partnership, TVC’s Interim CEO, Lindsey Oliver, said TVC will now use InfoWARE Market Data Terminal (IMDT) to broadcast live market data on TVC News and TVC News Nigeria and will feature real time market data for commodities such as Gold, Crude oil and others.

She stated that the deal is a testament of TVC’s commitment to broadening its reach and provide the best in terms of business reports on stock market, finance and investment across the Nigerian and the African business market.

According to her, ‘‘This partnership with InfoWARE Limited will afford our viewers the best in terms of business analysis and reports across all markets within Nigeria and Africa. It will provide up to five years price analysis, in depth Naira evaluation against International and other African currencies, visually appealing graphs and charts fit for TV presentation, comparison among different stock performances, in-built instant messaging/chat tool for seamless communication with colleagues and other professionals.’’

CEO, InfoWARE Limited, Uwa Agbonile added that the partnership will further promote transparency, price discovery and integrity of Nigeria’s Capital Market via two business programmes on the broadcast station.