The National Institute of Marketing of Nigeria has launched a new draft code of Professional Marketing Practice in the country.
The code which was adopted at the first Virtual Annual General Meeting (AGM) of the Institute will come into effect August 1 and will help to promote standards of professional conduct, ethical norms and values for marketers.
The NIMN is empowered by an Act of parliament, Act 25 of 2003, to make rules and regulations for guidance of professional practice and conduct by marketing professionals in Nigeria.
Speaking during the AGM, the Institute’s president, Tony Agenmonmen, also disclosed that the Council of the Institute is considering an amendments to NIMN Act 25 of 2003.
In giving account of his stewardship of the Institute in the last one year, Mr Agenmonmen said despite the challenging environment, the Council grew revenue from N114.3 million in 2018 to N129.9 million in 2019.
