Contrary to the news about the partnership, it became public knowledge that the indigenous automobile maker partnered Zugacoin (a cryptocurrency founded in 2020 by Nigerian Archbishop Sam Zuga) as fiat currency that could be used for the purchase of products under the INNOSON Group anywhere in the world.
In a statement made available to Brand Spur, the indigenous automaker stated that,
“Based on various enquiries through calls and ‘emails to @Innosonvehicles on whether it accepts Zugacoin or any other cryptocurrency for the purchase of Innoson Vehicles or any other products from Innoson Group, we, by this medium, do state that we stand by the decision of the Central Bank of Nigeria that the use of cryptocurrencies in Nigeria contravenes existing laws as they are not legal tender.”
“We did not sign any Partnership with any organization on the use of any form of cryptocurrency for the purchase of any iS product from Innoson Group.”
Innoson Vehicle Manufacturing Co. Ltd.,shortened as IVM, is a Nigerian automobile and bus manufacturing company. It was founded by Chief Innocent Chukwuma Nwala and runs a plant in Nnewi in the state of Anambra. Innoson Vehicle Manufacturing is nicknamed Pride Of African Road.
Press Release
"We did not sign any Partnership with any organization on the use of any form of cryptocurrency for the purchase of any product from Innoson Group."
After a spasmodic schedule of data releases on unemployment and labour statistics, the NBS finally released the much-awaited unemployment numbers for Q4’20 this afternoon. Not surprisingly, the number spiked by 6.2% to 33.3% from 27.1% in Q2’20.
The figure now makes Nigeria jump from No. 5 to the 3rd highest rate of unemployment in the world. The highest being Bosnia and Herzegovina (33.69%) and the 2nd highest in Africa next to Namibia, which has an unemployment rate of 33.4%.
This data point will be very disturbing to policymakers after the stimulus package of N2.3trn or 4% of GDP and the recent greatly heralded exit from recession. It is troubling to the extent that when conflated with the high level of multidimensional poverty of 64.8% in the Northwest of Nigeria, it shows that there is a simmering crisis of poverty, unemployment, debt and productivity in Nigeria. The misery index, which is the sum of unemployment and inflation, will increase to 49.77%.
The good news, however, is that underemployment declined by approximately the same magnitude 5.8% as the increase in unemployment. It looks coincidental but it means that an underemployed man is less dangerous to society than a completely unemployed citizen.
Unemployment highest in the North East and South-South states
The state-by-state breakdown shows that Imo (56.6%) had the highest unemployment rate, followed by Adamawa (54.9%), Cross River (53.7%), Taraba (52.6%), and Akwa Ibom (51.0%). Apart from Imo, the worst performing states are in the South-south and North East, suggesting that oil revenue has not had the multiplier effect of leading to inclusive growth, creating jobs, and lifting people out of poverty. Osun State had the lowest unemployment rate (11.7%)
The states with the highest underemployment rates are mostly in the North West – Benue (43.5%), followed by Zamfara (41.7%) and Jigawa (41.3%). Lagos state had the lowest rate of underemployment (4.5%).
Youth unemployment – A ticking time bomb!
Youth unemployment in Nigeria is a ticking time bomb and a recruitment ground for banditry, kidnappers and ransom seekers. Unemployment increased across all age brackets but young people were particularly hard hit, with those aged 15-24 years suffering the biggest drop in employment (53.4%).
Youth unemployment increased to 42.5% from 34.9% in Q2’20. An alarmingly high unemployment rate among the youths has major social and economic consequences.
It slows down economic growth, contributes to crime rates and has an adverse effect on both physical and mental health. Crimes such as robbing, kidnapping, and fraud increase when unemployment increases, because of the widening disparity between the rich and poor
Outlook
Our projections based on the FBN PMI employment subset is that unemployment is likely to increase but at a slower pace in the coming quarters. It is estimated to rise to 35% in Q1’21.
The Bond market opened the week on a slightly more active note, with spreads getting tighter across the curve.
This came on the back of improved supply across the bond curve. At the belly of the curve, we saw sellers of the 2026s & 2029s papers, which traded above the 10.00% mark (moving up 10bps on the average).
Selling interests also came out at the tail end of the curve, as offers of the ‘auction bonds’, 2035s & 2045s, flooding the markets at 11.10% and 11.25% levels respectively. Consequently, yields moved higher by c.3bps on the average across the benchmark curve.
For most of the week, we expect the market to be largely order-driven, with yields expected to continue to track slightly higher in line with the general weakness in the broader market sentiment. The release of higher unemployment figures by the NBS, as well as inflation expected to post higher this week, adds to our slightly bearish outlook.
Treasury Bills
Activities in the T-bills market were mixed, with some sell-offs on the short-dated papers and slight demand for the longer-tenured bills as local banks remained pressured by tight system liquidity. Traders remained firmly offered on short and mid-dated bills at low yields, which was shunned by real buyers who preferred the longest-dated bills offered at attractive levels.
Bond Yields Push Higher As Unemployment Figures Came Out Weaker For Q4’2020-Brand Spur Nigeria
The 08-Mar-2022 OMO bill remained the most sought-after maturity, with the bulk of market trades executed around 8.30% levels during the trading session.
We expect the market to remain choppy opening tomorrow despite OMO maturities of c.N104Bn expected to hit the system, as banks are expected to prioritize reducing their interbank funding positions.
FX Market
At the I&E FX window, the closing rate for the Naira appreciated by N1.10k (0.27% D/D) to close at N408.90/$ despite a 21% D/D drop in traded volumes.
The Naira lost value at the parallel market, as the cash rate depreciated by c.0.31% to close at N482.50/$ while the transfer rate remained stable at N493.00/$.
Eurobonds
The NIGERIA Sovereigns opened the week on a bearish note as the market holds its breath ahead of the ‘Central Bank Week’ which sees the Central Banks in the USA, Japan, England as well as four other countries have their rate-setting meetings lined up throughout the week. Yields went up by an average of c.02bps across the sovereign yield curve.
The NIGERIA Corps tickers also opened the week on a negative note, with seller flows seen across most of the tracked tickers. Yields on the FIDBAN 2022s and SEPLLN 2023s recorded the biggest hikes, closing higher by 19bps and 42bps respectively.
Headline Inflation rate Increases by 17.33% YoY In February 2021, 0.86% Higher Than January 2021 Rate
The consumer price index, (CPI) which measures inflation increased by 17.33 percent (year-on-year) in February 2021. This is 0.86 percent points higher than the rate recorded in January 2021 (16.47) percent.
Increases were recorded in all COICOP divisions that yielded the Headline index.
On a month-on-month basis, the Headline index increased by 1.54 percent in February 2021, this is 0.05 percent rate higher than the rate recorded in January 2021 (1.49 percent.
The percentage change in the average composite CPI for the twelve months period ending February 2021 over the average of the CPI for the previous twelve months period was 14.05 percent, showing 0.43 percent point from 13.62 percent recorded in January 2021.
The urban inflation rate increased by 17.92 percent (year-on-year) in February 2021 from 17.03 percent recorded in January 2021, while the rural inflation rate increased by 16.77 percent in February 2021 from 15.92 percent in January 2021.
On a month-on-month basis, the urban index rose by 1.58 percent in February 2021, up by 0.06 the rate recorded in January 2021, while the rural index also rose by 1.50 percent in February 2021, up by 0.04 the rate that was recorded in January 2021 (1.46) percent.
The corresponding twelve-month year-on-year average percentage change for the urban index is 14.66 percent in February 2021. This is higher than 14.23 percent reported in January 2021, while the corresponding rural inflation rate in February 2021 is 13.48 percent compared to 13.04 percent recorded in January 2021.
Food Index
The composite food index rose by 21.79 percent in February 2021 compared to 20.57 percent in January 2021.
This rise in the food index was caused by increases in prices of Bread and cereals, Potatoes, yam and other tubers, Meat, Food products n.e.c, Fruits, Vegetable, Fish and Oils and fats.
On a month-on-month basis, the food sub-index increased by 1.89 percent in February 2021, up by 0.06 percent points from 1.83 percent recorded in January 2021.
The average annual rate of change of the Food sub-index for the twelve-month period ending February 2021 over the previous twelve-month average was 17.25 percent, 0.59 percent points from the average annual rate of change recorded in January 2021 (16.66) percent.
All Items Less Farm Produce
The “All items less farm produce” or Core inflation, which excludes the prices of volatile agricultural produce stood at 12.38 percent in February 2021, up by 0.53 percent when compared with 11.85 percent recorded in January 2021.
On a month-on-month basis, the core sub-index increased by 1.21 percent in February 2021. This was down by 0.05 percent when compared with 1.26 percent recorded in January 2021.
The highest increases were recorded in prices of Passenger transport by air, Medical services, Miscellaneous services relating to the dwelling, Hospital services, Passenger transport by road, Pharmaceutical products, Paramedical services, Repair of furniture, Vehicle spare parts, maintenance and repair of personal transport equipment, Motor cars, Dental services and Hairdressing salons and personal grooming establishment,
The average 12-month annual rate of change of the index was 10.77 percent for the twelve-month period ending February 2021; this is 0.25 percent points higher than 10.52 percent recorded in January 2021.
State Profiles
In analysing price movements under this section, note that the CPI is weighted by consumption expenditure patterns which differ across states. Accordingly, the weight assigned to a particular food or non-food item may differ from state to state making interstate comparisons of consumption basket inadvisable and potentially misleading.
All Items Inflation
In February 2021, all items inflation on year on year basis was highest in Kogi (24.73%), Bauchi (22.92%) and Ebonyi (20.45%), while Enugu (14.73%), Kwara (14.25%) and Cross River (12.97%) recorded the slowest rise in headline Year on Year inflation.
On month on month basis, however, in February 2021 all items inflation was highest in Kogi (3.25%), Ondo (2.46%) and Kebbi (2.43%), while Kwara (0.84%), Kano (0.70%) and Oyo (0.38%) recorded the slowest rise in headline month on month.
Food Inflation
In February 2021, food inflation on a year on year basis was highest in Kogi (30.47%), Ebonyi (25.73%) and Sokoto (25.68%), while Gombe (19.32%), Bauchi (18.74%) and Akwa Ibom (18.70%) recorded the slowest rise .in year on year inflation.
On month on month basis, however, February 2021 food inflation was highest in Kogi (3.34%), Ondo (3.33%) and Ebonyi (3.26%), while Benue and Niger (0.90%), Kano (0.70%) and Oyo (0.09%) recorded the slowest rise in a month on month food inflation.
Shoprite Group has announced this in its unaudited results for the 26 weeks to 27 December 2020 in which sale of merchandise increased by 4.7% to R83.4 billion while its trading profit increased by 18.3% to R4.7 billion.
Management expects the transaction to be approved by the end of the 2021 financial year. Management is in the process of concluding a franchise agreement for the Shoprite brand to remain in Nigeria as well as an administration and services agreement to provide support to the new shareholders with operating the outlets.
The company entered the Nigerian market in 2005 and its exit continues a trend of South African retail business struggling in Africa’s most populated nation.
Further analysis by Brand Spur revealed that Shoprite’s diluted headline earnings per share (DHEPS) increased by 10.4% to 418.0 cents (Dec 2019: 378.6 cents). Also, the adjusted DHEPS increased by 17.1% to 416.2 cents (Dec 2019: 355.3 cents).
The interim dividend per share declared increased by 22.4% to 191 cents (Dec 2019: 156 cents). Shoprite opened a net total of 60 new stores comprising 25 corporate and 35 franchise stores during the 12 months.
We are proud to report the Group’s sales increasing by 4.7% for the six months. Within that, our core Supermarkets RSA segment, representing 78.0% of Group sales, increased sales by 5.6%. Adjusting for the closure of our RSA LiquorShop business as a result of nationwide COVID-19 lockdown regulations, our Supermarkets RSA business grew sales by 7.8%.
Shoprite Group CEO, Pieter Engelbrecht. | www.wordpress-1516176-5827464.cloudwaysapps.com
This is an incredible result given that our customer base spans the entire South African food retail spectrum. Our South African supermarkets’ internal selling price inflation of 4.3% for the six months reflects our unwavering commitment to our customers on price. In true Shoprite style, it was a collective effort across our Shoprite, Usave, Checkers and Checkers Hyper banners and the team is to be commended.
The Supermarkets RSA business has achieved 22 months of uninterrupted market share gains and in the six months to 27 December 2020, the Group created a total of 4 305 new jobs.
In significantly more adverse conditions, our Supermarkets Non-RSA continuing operations achieved constant currency sales growth of 0.9%. The business remained vigilant, combating the challenges faced across Africa, however, currency devaluations again eroded much of our efforts.
We closed the last of our Kenyan stores in February 2021 and are at the approval stage in terms of the sale of our Nigeria supermarket operation. From here, our capital allocated to the region remains at a minimum and we continue to manage costs as best as we can.
The successful launch of our Xtra Savings Rewards Programme in our South African based Shoprite supermarket chain following the success in Checkers, gave rise to another strategic milestone for the Group. Our Checkers and Shoprite Xtra Savings Rewards Programme now has the largest membership base in South Africa, with 17 million rewards members.
The opportunities that this programme affords the Group and its valued customers are significant and to say we are optimistic with regard to the future for our business, as a result, would be an understatement.
It is noteworthy that the Group increased trading profit by 18.3%, whilst making significant strides in other areas: borrowings declined by R5.9 billion to R5.5 billion, inventories reduced by R3.0 billion and we lived well within our means in terms of capital expenditure of R1.6 billion.
None of this was achieved in isolation. It was due to the collective effort of the more than 140 000 employees across the Group, represented in areas not limited to our aforementioned supermarket operations, who came together daily to serve our customers and sustain the growth of this great company.
It remained a difficult period in the context of COVID-19 which continued to weigh on our customers, our people and our operations and my acknowledgement and sincere thanks go out to all.
Shoprite Group has announced its unaudited results for the 26 weeks to 27 December 2020 in which sale of merchandise increased by 4.7% to R83.4 billion while its trading profit increased by 18.3% to R4.7 billion.
Management expects the transaction to be approved by the end of the 2021 financial year. Management is in the process of concluding a franchise agreement for the Shoprite brand to remain in Nigeria as well as an administration and services agreement to provide support to the new shareholders with operating the outlets.
Further analysis by Brand Spur revealed that Shoprite’s diluted headline earnings per share (DHEPS) increased by 10.4% to 418.0 cents (Dec 2019: 378.6 cents). Also, the adjusted DHEPS* increased by 17.1% to 416.2 cents (Dec 2019: 355.3 cents).
The interim dividend per share declared increased by 22.4% to 191 cents (Dec 2019: 156 cents). Shoprite opened a net total of 60 new stores comprising 25 corporate and 35 franchise stores during the 12 months.
We are proud to report the Group’s sales increasing by 4.7% for the six months. Within that, our core Supermarkets RSA segment, representing 78.0% of Group sales, increased sales by 5.6%. Adjusting for the closure of our RSA LiquorShop business as a result of nationwide COVID-19 lockdown regulations, our Supermarkets RSA business grew sales by 7.8%.
Shoprite Group CEO, Pieter Engelbrecht. | www.wordpress-1516176-5827464.cloudwaysapps.com
This is an incredible result given that our customer base spans the entire South African food retail spectrum. Our South African supermarkets’ internal selling price inflation of 4.3% for the six months reflects our unwavering commitment to our customers on price. In true Shoprite style, it was a collective effort across our Shoprite, Usave, Checkers and Checkers Hyper banners and the team is to be commended.
The Supermarkets RSA business has achieved 22 months of uninterrupted market share gains and in the six months to 27 December 2020, the Group created a total of 4 305 new jobs.
In significantly more adverse conditions, our Supermarkets Non-RSA continuing operations achieved constant currency sales growth of 0.9%. The business remained vigilant, combating the challenges faced across Africa, however, currency devaluations again eroded much of our efforts.
We closed the last of our Kenyan stores in February 2021 and are at the approval stage in terms of the sale of our Nigeria supermarket operation. From here, our capital allocated to the region remains at a minimum and we continue to manage costs as best as we can.
The successful launch of our Xtra Savings Rewards Programme in our South African based Shoprite supermarket chain following the success in Checkers, gave rise to another strategic milestone for the Group. Our Checkers and Shoprite Xtra Savings Rewards Programme now has the largest membership base in South Africa, with 17 million rewards members.
The opportunities that this programme affords the Group and its valued customers are significant and to say we are optimistic with regard to the future for our business, as a result, would be an understatement.
It is noteworthy that the Group increased trading profit by 18.3%, whilst making significant strides in other areas: borrowings declined by R5.9 billion to R5.5 billion, inventories reduced by R3.0 billion and we lived well within our means in terms of capital expenditure of R1.6 billion.
None of this was achieved in isolation. It was due to the collective effort of the more than 140 000 employees across the Group, represented in areas not limited to our aforementioned supermarket operations, who came together daily to serve our customers and sustain the growth of this great company.
It remained a difficult period in the context of COVID-19 which continued to weigh on our customers, our people and our operations and my acknowledgement and sincere thanks go out to all.
Individuals, corporate organisations that need assets but with low resources can now enjoy relief asFundQuest Financial Services Limited, an indigenous financial company with a focus on providing financial intermediation services to Individuals, Micro, Small and Medium Enterprises (MSMEs) has partnered with Autochek a vehicle financing company to provide easy assets purchase for consumers with a flexible repayment plan.
FundQuest Financial Services Limited provides financial assistance for the purchase of assets such as Cars, Mobile Devices, Electronics, School Bus, Medical Equipment, Industrial Machine, and other durables depending on the different Asset Finance plans to suit clients’ needs.
Individuals or organisations can opt for any of the Asset Finance Lease plans which include: Micro Asset Lease, which is suitable for millennials, young professionals, and upwardly mobile individuals; Personal Asset Lease suitable for individuals, families, businessmen/women, and sole proprietors; Corporate Asset Lease suitable for corporate institutions and non-governmental organizations.
Others are specialized equipment lease suitable for mid-large corporate institutions & organisations and Sale-Leaseback suitable for Individuals, Businesses & Corporate Institutions with assets. All these products are easily accessible via the corporate website https://fundquestnigeria.com/.
This initiative is to help individuals or corporate organisations get assets of their choice with a flexible method of payment which is on installment. “With the Lease Finance, the client gets the asset immediately while paying for it gradually with ease. This is one of the ways of saying hello to a life of comfort and pleasure with FundQuest.”
FundQuest Financial Services Limited Partners AutoChek to Provide Asset Acquisition to Consumers-Brand Spur Nigeria
FundQuest as an organisation also provides financial intermediation services to Corporate Institutions through creating Consumer Loans and Advances, LPO Financing, Project Financing, Export Financing, Equipment Leasing, Fixed Term Investments, Funds Management, Financial Consultancy, and Business Advisory Services.
British Airways’ customers eligible to travel to India are now able to upload their negative Covid-19 test results and other travel declaration forms directly into their booking on the airline’s website ba.com, in advance of travel.
The new initiative is being trialed as part of the airline’s efforts to simplify the departure process as it prepares for the return of international travel.
The trial, which is running on all flights from London to India, will certify that customers have the correct documentation needed for their flight before they arrive at the airport, allowing them to check-in online and avoid queuing in the terminal.
Three days before they are due to depart, customers receive an email directing them to the ‘Manage My Booking’ function on ba.com where they can find the relevant entry requirements, including a negative Covid-19 test result and a digital declaration form.
The customer will then upload each document via ‘Manage My Booking’ which will be certified by the airline within six hours to ensure they meet the entry requirements.
British Airways aims to roll this trial out to more destinations over the coming weeks and is also working to add this functionality for those destinations to its British Airways app.
This will enable customers to securely upload the documentation* for their booking directly from their mobile device, which could include negative Covid test results and/or proof of vaccination if it is required by the government of the destination.
Sean Doyle, British Airways’ Chief Executive Officer, said: “At British Airways we are preparing for the meaningful return to international travel in the coming months. This means doing everything we can to simplify the journey for our customers, allow them to travel with confidence and create the best possible seamless, frictionless experience in a new Covid era.
“We know that innovation and technology hold the key to unlocking international travel. We are already offering access to travel app ‘VeriFLY’ on selected routes and IAG has been helping develop ‘Travel Pass’ with IATA. Now it’s also time to look at what we can offer through our own website.
“The key benefit of customers being able to upload the correct travel documentation into their booking is that it enables them to check-in online, speeding up the airport process. We are continually exploring the best possible options to help our customers return to the skies, safely.”
Digital health travel passport, VeriFLY, is currently available on the airline’s flights from the UK to the US and Canada, as well as all inbound flights to the UK. The app is optional for customers and can be downloaded to a mobile device.
It has been designed to offer peace of mind to customers before they fly by checking they meet the entry requirements of their destination by providing digital health document verification and confirming eligibility.
The airline continues to work with VeriFLY to integrate it into its systems, further streamlining the customer journey.
The airline will continue to explore different health passport options for its customers in preparation for the restart of travel.
• Highlights, winners, and a Guinness Book Record for Slimes
Nickelodeon’s Orange Blimp took fans on a virtual ride around the world and beyond at this year’s Nickelodeon’s Kids’ Choice Awards 2021.
Hosted by Kenan Thompson (Kenan, Saturday Night Live), the KCAs featured show-stopping performances by Grammy® Award-winning global superstar Justin Bieber, celebrity appearances, exciting surprises and the net’s signature green slime, and revealed kids’ favourite tv shows, movies, music and more.
The show will broadcast on NickToons (DStv Channel 308) Monday, 15 March 2021 at 16:30 WAT and repeat on Nickelodeon (DStv channel 305) on Wednesday, 17 March at 14:05 WAT.
Nigeria’s comedy star, Emanuella Samuel, known as Emanuella has – by public voting – emerged the winner of the “Favourite African Social Media Star” category at the Nickelodeon’s Kids’ Choice Awards 2021.
Emanuella was nominated alongside Nigerian comedy group – Ikorodu bois, South African Magician – Wian Van Den Berg; Ugandan Youth Dance Group – Ghetto Kids, Kenyan social media sensation – Elsa Majimbo and South African media personality – Bonang Matheba.
From starring in a viral comedy skit “This is not my real face o” on Mark Angel YouTube Channel – brimming with over six million subscribers, Emanuella has gone on to win several awards on big stages. At this year’s Nickelodeon’s Kids’ Choice Awards 2021, she now gets to add a well-deserved orange blimp to her growing collection of internationally recognized awards.
Speaking on this year’s African talents who emerged as winners, Monde Twala, Senior Vice President & GM ViacomCBS networks Africa commented, “Africa is indisputably brimming with talent, and it is such a huge feat to witness two young, talented and inspiring female winners from Nigeria and Uganda emerge triumphantly at the Nickelodeon’s Kids’ Choice Awards 2021!.
At ViacomCBS Networks Africa, we are deeply vested in showcasing African talent on the world stage across our platforms. The youth generation contribute significantly to bringing kids hope, enthusiasm and courage to kids across the continent,” he concluded.
The ecstatic Favourite African Star winner Mo Salah commented, “It is great to be nominated for the Nickelodeon Kid’s Choice Awards and it’s amazing to have won, thank you, everyone, for voting for me.”
Expressing her delight at receiving the Award, Emanuella said, “I am so happy to be a winner, thank you! To all my fans out there, [I say] thank you. To all those who voted for me, I love you so much, this win would not have been possible without you”.
The young star also took the opportunity to urge viewers not to “forget to stay safe”. “Always stay at home and remember to clean your hands with alcohol-based hand sanitisers. We love you so much”, she added.
Uganda’s Vanessa Nakate, who was recognised with the Africa Together For Good’ award, for her efforts in promoting climate justice pledged to “continue educating the society about the effects of climate change”.
In the Favourite African Star category, Liverpool Football Club soccer star Mo Salah (Egypt) was nominated alongside his teammate, Sadio Mane (Senegal), Miss Universe Zozibini Tunzi (South Africa), actress Thuso Mbedu (South Africa), philanthropist and Springbok Rugby Captain Siya Kolisi (South Africa), and Sheebah Karungi leading dancer and songstress (Uganda).
The internationally acclaimed Jerusalema hitmaker MasterKG (South Africa) was nominated in the Global Music Star category, representing African music.
The Nickelodeon’s Kids’ Choice Awards 2021 will air live on Monday 15 March at 16:30pm WAT on NickToons (DSTV Channel 308) and reruns on Nickelodeon (DStv channel 305) on Wednesday, 17 March at 14:05pm WAT.
Other major highlights from Nickelodeon’s Kids’ Choice Awards 2021 include:
• Special remarks from Vice President of the United States Kamala Harris, introduced by actress Jennifer Garner, as part of the show’s Generation Change presentation, which recognized kids’ strength and courage to create a better world for future generations;
• Performances by Grammy® Award-winning global superstar Justin Bieber of his chart-topping hit “Intentions,” joined by Quavo and introduced by Hailey Bieber; and a medley of his latest singles, “Hold On” and “Anyone;”
• The reunion of Nickelodeon’s iCarly cast members Miranda Cosgrove (Carly Shay), Jerry Trainor (Spencer Shay) and Nathan Kress (Freddie Benson) as they presented the KCA for “Favorite Movie;”
• An exclusive sneak peek clip of PAW Patrol: The Movie, teased by members of the voice cast, Kim Kardashian, Tyler Perry, Yara Shahidi and Marsai Martin;
• Outrageous and epic slimings of Robert Downey Jr., Charli D’Amelio, Lin-Manuel Miranda and Liza Koshy, as well as KCA host, Kenan Thompson;
• Setting a Guinness World Record for the most simultaneous slimings;
• Live and interactive fan walls showcasing families at home, with a special KCA award presented to one lucky family that was chosen during the show;
• And celebrity appearances from Gal Gadot, Millie Bobby Brown, BTS, Addison
Rae, Sofía Vergara, David Dobrik, Tiffany Haddish, Anna Kendrick, Dove Cameron, Heidi Klum, Terry Crews, Dixie D’Amelio, Finn Wolfhard, Noah Schnapp, Gaten Matarazzo, Joshua Bassett, Anthony Anderson, Dani & Dannah Lane and Iain Armitage; as well as Nickelodeon stars: JoJo Siwa; That Girl Lay Lay; Jules LeBlanc and Jayden Bartels (Side Hustle); Gabrielle Nevaeh Green and Darci Lynne (Unfiltered); and Young Dylan (Tyler Perry’s Young Dylan).
Full winners list from Nickelodeon’s Kids’ Choice Awards 2021:
The executive vice-chairman of Troyka Holdings, owners of Insight Redefini, Optimum Exposure, Halogen Security, Feyijimi Awosika, group managing director of CMC BCW, Yomi Badejo-Okusanya, group managing director, media reach OMD West And Central Africa, Tolu Ogunkoya and group managing director, Oracle Experience, Dr. Felix King Eiremiokhae, have been nominated by the industry stakeholders to win 2021 The Industry Lifetime awards.
The honour will be conferred on these deserving integrated marketing communication industry professionals at this year “The Industry Evening Summit’ scheduled to hold on April 2, 2021, at Sheraton Hotel & Towers, Ikeja in Lagos Nigeria.
It will be recalled that Lolu Akinwunmi, former Advertising Practitioners Council of Nigeria, (APCON) chairman and group managing director, Prima Garnet, Udeme Ufot, former APCON Chairman and GMD SO&U and Nna’emeka Maduegbuna, GMD, CandF won the 2020 lifetime awards.
The Industry Evening Summit has become a flagship platform that brings all the marketing and marketing communications professionals across the continent together annually.
Awosika, Badejo-Okusanya, Ogunkoya, Others To Receive Industry’s Highest Honour In 2021- Brand Spur Nigeria
According to the chairman of the award committee, Akin Adewakun, the honour for these deserving professionals is overdue, going be their antecedents in their chosen professions.
Awosika, who has distinguished himself in creative advertising, has been a reference point in the industry for both older and younger professionals.
His professional career started early at the old Nigerian Broadcasting Corporation where he often worked in the newsroom as a vacation jobber. Upon graduation from the University of Lagos, he was posted back to the NBC for his service year and stayed on full-time for another 18 months as a senior sub-editor working mostly in radio.
For Badejo-Okusanya, he is widely known to be one of the premier public relations practitioners in Nigeria with experience in the areas of Government Relations & Legislative Affairs, Perception Management, Marketing, Advertising, Public Relations & Crisis Communications.
He has handled Corporate Communication activities, Issues, Advocacy & Crisis briefs, Government and Legislative Relations; and Public Affairs Management for high profile clients including the JAGAL Group, Airtel Nigeria, International Monetary Fund’s (IMF), British American Tobacco Nigeria, Transcorp, Renaissance Group, Federal Inland Revenue Service, Peugeot Nigeria Ltd, Shell, Virgin Nigeria.
Ogunkoya, who is regarded as the pioneer in media buying and selling industry, has led MediaReach OMD to an enviable height in the industry. MediaReach OMD under his watch has won several accounts from MTN, Airtel, UAC Nigeria, and several other multinational brands.
Eiremiokhae, who is regarded as a colossus in the experiential marketing industry has significantly distinguished himself by orchestrated several mind-blowing activations such as Gulder Oceanliner club booster, Star Beer Eyoh Statutes, Gulder Create Cave, Peak milk 1 million signature and Maggi first lady activation among others.
The convener, Goddie Ofose stated that the committee did a thorough job by selecting the best for this year. Some of the high profile awards for the evening include John Ugbe, CEO, Multichoice Nigeria for CEO of the Year, Casmir Ezeudu, chairman, Westgate Technologies for ICT Champion of the Year, Buchi Johnson, CIO Lilvera for Young IMC CEO of the Year, IMC CEO of the year, Stanbic IBTC Bank for Excellence in Promoting Gender-Based Empowerment, CACOVID- Best Private Sector Led Initiative, MultiChoice Nigeria for Excellence in Community Relations, Gboyega Akosile, chief press secretary to Lagos State Governor for Most Efficient Public Sector Spokesperson and Anthony Chiejina, group head, corporate communication, Dangote Group for Most Efficient Private Sector Spokesperson.
Others are StarTimes Go for Innovation of the Year, Daniel Obi, Media Business editor BusinessDay for Brand journalist of the Year, Lanre Adisa CEO Noah’s Ark for Advertising man of the year, Richard Oshinibosi, CEO Abelinis for Experiential Marketer of the year, Israel Opayemi, CEO Chain Relations for PR CEO of the year, Union Bank for Excellence in Education CSR, Dr. Seifullah Gaya, MD, Ya Feng Technology Company Ltd (Xiaomi) for Young ICT CEO of the year, Engr. Dozie Mbanefo, CEO New Crystal Comm for Outdoor Advertising CEO of the year, InterSwitch for Most Innovative Fintech Brand of the year and Lanre Oyegbola, CEO, Havas Africa- Best Through the line Practitioners.
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