Telecom
Glo Increases Bonus Airtime in Overload Promo to 400%
Globacom has repackaged its ongoing Overload promotion, increasing the instant bonus accruable to customers from 200 percent to 400 percent for any airtime recharge of N200 and above.
The Glo Overload promo, now called Glo Overload Reloaded, which is billed to produce N120 million has already produced 20 millionaires before the upgrade.
Glo Overload was introduced together with four other mega offerings by Globacom late last year to reward its loyal subscribers and spice up the Yuletide and New Year celebrations.
All subscribers needed to do to be entitled to 200 percent bonus airtime was to recharge their phone with airtime of N200 denomination and above.
With the Glo Overload Reloaded Promo, a subscriber who recharges with N200 will automatically gets a total value of N1000. Airtime recharge of N500 will give the subscriber a total of N2,500 automatically; N1000 will give N5000; N2000 will give N10,000; and N5000 will give N25,000 value.
According to the company, billions of naira worth of free airtime and data will be given out in the course of the promotion.
Globacom said that subscribers will be able to use their main credit to call any network at any time of the day and the bonus airtime for Glo to Glo calls and SMS between 10pm and 8am, depending on the validity period of the recharge denomination, which ranges from three to 20 days.
Also under Glo Overload Reloaded, data subscribers are entitled to expanded benefits. Previously, Glo Overload gave subscribers 200 percent bonus data for new data plan or renewal from N2000 and above.
For instance, a subscriber who paid for data plan subscription of N3000 got 4.5GB of data. However, with Glo Overload Reloaded, a subscriber gets 4.5GB of data for data plan subscription or renewal of N2,500.
Globacom said that in addition to the enumerated benefits, subscribers on the Glo Overload Reloaded Promo platform will also have a chance to become one of the 120 millionaires that the promo is billed to produce while it lasts.
Twenty winners have already emerged and their prizes of N1million each were presented to them, while 100 more are expected to be picked in the weeks ahead.
Mr. Ashok Israni, regional chief marketing officer, Globacom, said over N30 million naira worth of gifts will be given out as embellishment prizes in the course of the promotion. The prizes, according to him, include modems, Nokia Lumia Smartphones, LED TV, HP Dual core Laptops, iPad Air and iPhone 6 devices.
Israni said the repackaging of the promo and the enhancement of its benefits followed huge approval of the promo by the company’s teeming subscribers.
“The feedback from our esteemed subscribers has been overwhelming,” said Israni. “Glo Overload was so positively received that we were inundated with commendations from our dear subscribers who were delighted by the offer. We thought to ourselves, how can we further excite our cherished customers? So we decided to expand the benefits. It is our way of saying ’thank you’ to our ever loyal customers,” he said.
The Globacom executive called on subscribers across the country wishing to benefit from Glo Overload Reloaded to dial *200# on their phones just once to opt in. They will consequently be admitted to the promo platform and be able to enjoy all the promised benefits.
Israni thanked Globacom subscribers for the support they have given the company so far and called on them to keep faith with the proudly Nigerian network.
TECNO SPARK 30 city tour made a memorable stop at Ikeja City Mall on November 15th, bringing with it an infectious energy that electrified the entire city.
As the event unfolded, it was clear that this was more than just a product showcase – it was an immersive experience designed to thrill and delight.
The day’s festivities kicked off with the iconic TECNO SPARK 30 transformer bus, painted in bold red and blue hues, rolling into action.
The bus served as the hub for a games grotto, where fans immersed themselves in thrilling digital games and adventures.
Outside, the excitement spilled over, with attendees engaging in friendly competitions of Jenga, Monopoly, Ludo, and chess.
These games sparked laughter, playful banter, and a sense of camaraderie among strangers.
As the games heated up, so did the rewards. Purchasers of the TECNO SPARK 30 Pro enjoyed a N20,000 discount and a chance to win up to 100% cashback by participating in the games.
The atmosphere was electric, with cheers of victory, enthusiastic applause, and celebratory high-fives.
The excitement reached a fever pitch with the arrival of tech and lifestyle creator Kagan, accompanied by Big Brother Naija Season 9 stars Victoria and Ruthee.
The trio dove into the action, competing in games and claiming victory. They were awarded TECNO-branded gift items, earning cheers and applause from the thrilled crowd.
The event was an unforgettable experience, leaving a lasting impression on all who attended.
During peak shopping days, this threat intensifies.
Here’s what happens: with the surge in online deals, more employees may be shopping from their work computers, feeling that Cyber Monday is a legitimate time to do so.
This increases the risk of them clicking more freely and potentially exposing the organization to malicious links or phishing attacks.
To keep your organization safe, encourage your team to follow these simple tips:
• Don’t click deals in email that look too good to be true or are from businesses you don’t have accounts from – these could be phishing emails hoping to bait you into clicking links to bogus, malicious web sites.
This season, small steps can make a big difference in protecting against cyber threats.
MTN Nigeria Communications Plc has announced plans to issue up to N50bn in Series 13 and 14 Commercial Paper Notes under its N250bn Commercial Paper Issuance Programme.
This proposed issuance aligns with the company’s strategy to broaden its funding sources and strengthen its liquidity position.
The proceeds from the issuance are earmarked to support MTN Nigeria’s short-term working capital needs, enabling the company to sustain its operations and meet financial obligations effectively.
In a statement to the Nigerian Exchange Limited (NGX) and the investing public, MTN Nigeria emphasized its commitment to maintaining financial stability and operational efficiency.
According to the statement signed by Uto Ukpanah, company secretary, further details regarding the structure, pricing, and timeline of the issuance will be disclosed to the market in due course, as MTN Nigeria continues to engage with stakeholders and regulatory authorities.
MTN Nigeria recently completed its series 10 commercial paper issuance under its upsized N250bn commercial paper issuance programme.
The telecom giant said it sought to raise N72.1bn and the offer recorded 149 per cent subscription with N72.1bn issued.
The 266-day commercial paper was issued on 29 November 2023 at a yield of 16 per cent.
The CP issuance aligns with MTN Nigeria’s strategy to continue diversifying its funding sources and reducing its average cost of debt. The proceeds will be applied towards short-term working capital requirements.
Karl Toriola, chief executive officer, MTN Nigeria said. “We are pleased with the support received from the investor community, having recorded a 149 per cent subscription from a broad range of investors. This reflects NTN Nigeria’s robust financial capacity, brand strength, and market leadership amidst the upward pressure on interest rates”
Stanbic IBTC Capital Limited played the role of Arranger and Dealer with ARM Securities Limited. Chapel Hill Denham Advisory Limited, Coronations Marchant Bank Limited, FCMB Capital Markets Limited, Quantum Zenith Capital &Investments Limited, Rand Marchant Bank Limited, and Vetiva Capital Management Limited played the role of Joint Dealers on the transaction.
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