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Nairaland Forum / Nairaland / General / Business / Billboard Advertisement Rate In Lagos & Ogun State? (22014 Views)
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Billboard Advertisement Rate In Lagos & Ogun State? by smartkulk(m): 10:41am On Apr 04, 2008 |
I would like to have people who have ideas of how much billboard adverts cost either in Lagos or Ogun state.Pls, give all details and any one I could contact.THANK YOU! |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by Winsome(m): 12:14pm On Apr 15, 2008 |
it depends on what kind of billboard you want. standard unipole in lagos is about N9.53m , 96 sheet 4m, rooftop 5m/ bridge panel 7m,etc per face. depending on what you want and the quality of service. |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by Seun(m): 12:19pm On Apr 15, 2008 |
9 million naira just to put up a billboard!!! What?!! |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by Nobody: 12:31pm On Apr 15, 2008 |
That's insane |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by ztyle(m): 12:40pm On Apr 15, 2008 |
What's insane there? 9 million Naira not USD? |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by yicob(m): 12:52pm On Apr 15, 2008 |
probably seun and ztyle have forgotten the amount they will make putting such advert for million eyes to see! |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by Teacher200(m): 1:19pm On Apr 15, 2008 |
9 million naira! for how many years?2, 3, 4, ? 1 Like |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by babaogun(m): 1:51pm On Apr 15, 2008 |
Am not trying to be controversial, but if it was less than 1million, dont you think there would be more than 1,000 naija guys that can afford to propose comfortably to their wives with a billboard. Its a control measure as well. 1 Like |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by NaijaEcash(m): 2:00pm On Apr 15, 2008 |
@all I think babaogun has a valid point there. I believe that if it is cheap, too many people will want to advertise all sort of things. The big shots won't allow that. (for example, I would have save enough to advertise my new blog there instead of relying on Seun's benevolence via Nairaland). Just kidding |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by junegirl(f): 2:36pm On Apr 15, 2008 |
Hi all, Pls while we are at it, can someone please tell me the the cost of a building billboard i.e. advert on the side of a tall building in Abuja/Lagos |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by TheSly: 7:29pm On Apr 15, 2008 |
Maybe he meant 9million Ghanaian Cedis because uv gotta be kidding me with that |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by Scopium: 7:39am On Apr 16, 2008 |
babaogun: [size=13pt]You sound logical enough, I think I can buy that. . . but 9 million . .hmmm [/size] |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by Winsome(m): 10:26am On Apr 16, 2008 |
I said N9m for a unipole spectacular and most of you thing am lying. well am in the industry and i know what am saying. you can get a board for N430,000 per year depending on the size. Unipole is the biggest billboard you will see outside.Before now unipole is about 2.5M to 5m in lagos depending on the quality of board. But since LASAA steoed in, it has increase to about (9M) for your information 4m of that money goes to lasaa. while 5m is for the agency. 3 Likes |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by Winsome(m): 10:28am On Apr 16, 2008 |
sorry, i mean think not thing* |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by smartsoft(m): 3:58pm On Apr 16, 2008 |
Well if you need a quality and prefessional design, we can handle that for your billboard advert |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by showbobo(m): 5:33pm On Apr 16, 2008 |
The Sly: 9 million Ghanaian Cedis is 9million USD.1cedi=1USD 1 Like |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by qla: 7:25pm On Apr 17, 2008 |
why do you think it's outrageous to put up a billboard for 9.53m.You have to be in it to know what goes on in putting up a billboard. There are other options such as the 48 sheet,lamp post and rooftop. "If you get the money you pick your choice". The local govt don't make it any easier than it gets. |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by Nobody: 5:21am On Apr 18, 2008 |
9 milliion naira?? what the heck, dats like someones salary for a year! no be only bill-board, just use cardboard, loads of em. |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by Florency(m): 10:00pm On Apr 18, 2008 |
Our people starve while this government get richer. We should rise up now and stop this. We can all take over this country and hang Umaru and Goodluck Jonathan. Who's with me lets meet up and do it! |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by lucabrasi(m): 10:20pm On Apr 19, 2008 |
its soo expensive because nigerian businesses have not created alternatives, theres a niche in the market right there,im sure some of you guys in the business can find a cheaper alternative that will reach a lot of nigerians cheaper and make your millions |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by spoilt(f): 3:29pm On Apr 20, 2008 |
babaogun: Even if it cost one naira per billboard nigerian men are not romantic like that. 1 Like |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by geeman(m): 7:29pm On Apr 21, 2008 |
I think most of the people making post are not familiar with outdoor advertising. I work in an ad agency n i can tell u N9 million isn't to much for a billboard. I've seen clients pay all sorts for billboards depending on the site and location (I'm talkin abt N90 million for one billboard). |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by hilli666(m): 9:51pm On Apr 21, 2008 |
showbobo: 1 US Dollar = 10,099.0 Ghanaian Cedi Stop misleading people, if you dont know say you dont know. DAMM |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by kizzyjibz: 11:37pm On Apr 22, 2008 |
omo it is a lie o, 1 cedi = 0.98 USD |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by lobinoxebe(m): 4:13pm On Apr 23, 2008 |
now i can see that most of the people we have here are just normal working class people(salary earner), we need real investors and business men to tell people whatz going on, How can someone complain of 9million naira for an advert. 9 million is too cheap for a standard billboard advert, some companies budgeted more than 600million naira for advert in 1 year, The last beach party that was organised at lekki cost over 500 million naira, so tell me, that is just a one day show, you better shine your eyes and see where money lies, |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by mazia(m): 8:34am On Apr 24, 2008 |
@ Hilli666 , I no know where Kizzy-jibz dey get im information from. Abi the guy don shayo before im begin pound away at the keyboard. Current exchange rate between US dollar and Cedi is 1 USD = 9,267.3 Cedi Ref: http://finance.yahoo.com/currency/convert?amt=1&from=USD&to=GHC&submit=Convert @Kizzy-jibz, Can you back up your claim?? |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by amaikama(m): 11:34am On Apr 24, 2008 |
I dey here dey look for 500,000.00 for wedding somebody dey use 9 mill for billboard wey rain go come distroy true, una dey wastful no be small. people never choop belleful and somebody dey wast money God help us to over come this wicked human odeal. 1 Like |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by seun001(m): 10:33am On Apr 29, 2008 |
it kinda expensive.damn,doing biz in nigeria is too prohibitive. kizzy-jibz: correct, source---bank of ghana(equivalent of CBN in nigeria) www.bog.gov.gh. Markets - Banks Exchange Rates Monday 28th April 2008 Banks-Indicative Opening Rates Banks-Transaction Opening Rates Currency Buying Selling Buying Selling US. Dollar 0.9745 0.9940 0.9786 0.9967 Pound Sterling 1.9286 1.9674 1.9495 1.9687 Swiss Franc 0.9403 0.9587 - - Australian Dollar 0.9119 0.9308 - - Canadian Dollar 0.9638 0.9824 - - Danish Kroner 0.2038 0.2079 - - Japanese Yen 0.0093 0.0095 - - New Zealand Dollar 0.7630 0.7795 - - Norwegian Kroner 0.1906 0.1941 - - Swedish Kroner 0.1625 0.1657 - - S/African Rand 0.1289 0.1314 - - Euro 1.5209 1.5510 1.5425 1.5873 BCEAO 422.9300 431.3000 - - Dalasi 21.2900 21.7200 - - Ouguiya 194.4700 198.3600 - - Naira 117.1400 119.4900 - - Leone 2,991.7200 3,051.5800 - - WAUA 0.6238 - http://www.bog.gov.gh/index1.php?linkid=139 |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by sbucareer(f): 1:15am On May 04, 2008 |
x |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by seun001(m): 7:51am On May 05, 2008 |
sbucareer: tell them oooo!!!!make dem hear.when some countries are looking for ways to reduce the cost of doing business we are justifying an increase here in naija. |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by Ialwaysask: 10:21am On May 12, 2008 |
@sbucareer, Where in London is £600 to openly advertise? If you're talking about central london you're looking at a figure of £20, 000/pw look up clear channel and jcdecaux these companies own most of the prime located billboards in london and the UK |
Re: Billboard Advertisement Rate In Lagos & Ogun State? by sbucareer(f): 4:26pm On May 16, 2008 |
@Ialwaysask, thanks for that info. TFL(Transport For London), mini-buses, London Underground, London Buses, Stage Coach, London Central, ARRIVA, BBC, Newspaper, direct marketing (Which is proving more successful these days), telephone marketing, email marketing (The best and most market penetrating solution, 419 take note), etc are all less that £600 per week/month/year. Billboard, is not the only way. Follow my link and see how much to advertise in central London, remember central London Billboard is controlled by computer. It could have 100,000 adverts running at a time because it is synchronized by software 100,000 * 600 tell us how much you think they make? |
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