Business
NIMN Records N132.6m Turnover
The President of the
National Institute of Marketing of Nigeria (NIMN), Ganiyu Koledoye, says the institute has declared a turn over of N132.6 million in its 2012 operations as against N138.1 last year.
The President of the body who made the revelations in Lagos at its 4th yearly general meeting said the slide was due to declining income and increased losses occasioned by Corporate Sponsorship and dwindling membership contributions.
He said in June 2008 the two arms of the institute were united to ensuring that the body progresses.
Koledoye explained that in 2011 council and members okayed the strategy of the Reconciliation and Integration Committee.
According to him, the move enabled the institute to achieve 100 per cent increase as compared to the last turnover of the combined arms of the institute in 2007.
The NIMN President further said that when he took over as President in May 2013 he under took a campaign of damage control to ensure that negative processes were addressed.
While assuring members on the factors that were likely to make the institute less vibrant, he said such issues were currently under review and would be addressed amicably.
The election that was held during the meeting saw the duo of Rotimi Olaniyan and Rotimi Oladele emerging as 1st Vice President and 2nd Vice President respectively.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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