Active Voice Subscribers Increased by 4.59% in Q3 2020 – NBS

Esan Bolaji
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Active Voice Subscribers Increased by 4.59% in Q3 2020 – NBS

The number of active voice subscribers increased to 205,252,058 in the third quarter of 2020 from 196,242,456 in Q2 2020.

The National Bureau of Statistics (NBS) disclosed this in its latest telecommunications data report released on Monday.

According to the report, the telecoms data for Q2 and Q3 2020 reflected that a total of 196,242,456 and 205,252,058 subscribers were active on voice as against 189,282,796 in Q1 2020. This represented a 4.59% increase in voice subscriptions QoQ.

Similarly, a total of 143,636,816 and 151,512,122 subscribers were active on the internet as against 136,203,231 in Q1 2020. This represented a 5.48% growth in internet subscriptions QoQ.

Further Breakdown:

  • Lagos State has the highest number of subscribers in terms of active voice per State in Q3 2020 and is closely followed by Kano and Ogun States respectively
  • Bayelsa and Ekiti States have the least number of subscribers.
  • Lagos State has the highest number of subscribers in terms of active internet per State in Q3 2020 and is closely followed by Kano and Ogun States respectively
  • Bayelsa and Ebonyi States have the least number of subscribers.

Also, the report stated that

MTN has the highest share of subscriptions. This is closely followed by GLO, AIRTEL, and EMTS respectively.

Know Your Real Property Investments And Rights

Brand Spur
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Know Your Real Property Investments And Rights

You think you already know all you need to know as regards real property investments and the rights surrounding it? That may not be true. The intricacies of the real property investment are quite enormous and that makes it expedient to take cognizance of the novel changes in the ever dynamic field.

This serial stimulus which will be published every Friday aims at providing current and would-be real estate investors, tenants and other real estate enthusiasts with cutting edge information that will not only familiarize them with the heart and soul of real property investment but also enable them to make right decisions.

Know Your Real Property Investments And Rights

Real property is one of the important aspects of life as human beings cannot live without shelter. Before you dive into the real property investment market, can you answer some elementary questions like:

  • What is real property?
  • What does real property investment entail?
  • What distinguishes real property from real estate?
  • What are the classifications of real estate?
  • What is the importance of real property?
  • What are the differences among real property, personal property and financial property?

The introductory part of this series will be giving concise but precise answers to the above pertinent questions.

  1. What is real property? Real property or realty consists of land or buildings. It can be defined as land and all rights of ownership which include; right to possess, lease, sell and enjoy the usage of the land. One may have one or all of these rights. Since real property relates to land, it is necessary to know what constitutes land. Land includes any building and any other thing attached to the earth or permanently fastened to anything so attached but does not include mineral. It covers the earth surface (i.e. the topsoil) the subsoil, things attached to the land e.g. structures, crops, etc. and other incorporeal hereditament enjoyed on land. The above definitions are in accordance with the popular Latin maxim “quic quid plantatur solo solo cedit” which means whatever is affixed to the soil belongs to the soil.
  2. What does real property investment entail? It entails the buying, selling, managing, developing and leasing of land (real property).
  1. What distinguishes real property from real estate? While real property includes the right to own and enjoy the usage of landed property, real estate merely refers to the physical object (land and structures).
  2. What are the classifications of real estate? Classifications of real estate include Residential real property, commercial real property, mixed-use real property, industrial real property and agricultural real property.
  1. What is the importance of real property? The shelter is one of the basic necessities of life. In law, a man’s house is regarded as his safest refuge. Land/real property is a necessity to every human being since it is on it that he lives and into it he is graved. Human beings use the land for the improvement of their living condition and the defence of himself. It was Andrew Carnegie who said that ninety per cent of all millionaires become so through owning real estate. This means that real property investment is one of the most lucrative investments one can venture into.
  2. What are the differences between real property, personal property and financial property? Real property or realty as you may call it deals with landed property. On the other hand financial property deals with securities like equities, bonds, debentures, etc. Also, the above types of property are different from personal property in that personal property includes clothes, wristwatches, cars, etc.

Have a stress free weekend.

Written by Oladele

Kia Motors Unveils New Corporate Logo and Global Brand Slogan

Esan Bolaji
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Kia Motors Unveils New Corporate Logo and Global Brand Slogan

  • Kia celebrates its new face and slogan, declaring the brand’s future transformation

  • The new logo features ‘symmetry’, ‘rhythm’ and ‘rising’ elements that embody Kia’s confidence and commitment to customers

  • Kia discloses new brand slogan: ‘Movement that inspires’

  • Kia sets new Guinness World Record for ‘Most unmanned aerial vehicles (UAVs) launching fireworks simultaneously’ during logo unveiling show

  • The new brand purpose and strategy will be presented to the world on January 15

January 6, 2021 – Kia has revealed its new corporate logo and global brand slogan that signify the automaker’s bold transformation and all-new brand purpose. The introduction of the new logo represents Kia’s ambitions to establish a leadership position in the future mobility industry by revamping nearly all facets of its business.

Kia Motors Unveils New Corporate Logo and Global Brand Slogan Brandspurng

The logo is a symbol of Kia’s new brand purpose and the values it promises to offer customers through future products and services, and the experiences these enable. Kia seals its brand promise by developing the new logo to resemble a handwritten signature.

The rhythmical, unbroken line of the logo conveys Kia’s commitment to bringing moments of inspiration, while its symmetry demonstrates confidence. The rising gestures of the logo embody Kia’s rising ambitions for the brand, and, more importantly, what it offers customers.

Kia Motors Unveils New Corporate Logo and Global Brand Slogan Brandspurng

“Kia’s new logo represents the company’s commitment to becoming an icon for change and innovation”, said Ho Sung Song, Kia’s President and CEO. “The automotive industry is experiencing a period of rapid transformation, and Kia is proactively shaping and adapting to these changes.

Our new logo represents our desire to inspire customers as their mobility needs evolve, and for our employees to rise to the challenges we face in a fast-changing industry.”

The new logo was unveiled during a record-breaking pyrotechnic display in the skies above Incheon, Korea. The event saw 303 pyrodrones launching hundreds of fireworks in a synchronized artistic display, igniting and celebrating Kia’s new beginning. This set a new Guinness World Record for ‘Most unmanned aerial vehicles (UAVs) launching fireworks simultaneously’.

The dazzling display can be seen on the Kia Global YouTube channel: 

A new brand purpose and strategy to be revealed on January 15

In addition to an all-new logo, Kia revealed its new global brand slogan, ‘Movement that inspires’.

Details on Kia’s new brand strategy, including brand purpose and philosophy as well as application to Kia’s future product line-up, will be shared through the digital ‘New Kia Brand Showcase’ event to be held at 01:00 AM CET, January 15. The event can be viewed on the Kia Global YouTube channel.

The launch of the new logo follows the announcement of Kia’s ‘Plan S’ long-term business strategy in 2020. Under Plan S, Kia, among other objectives, has the ambition to take a leading position in the global car market.

This is focused on popularizing electric vehicles and introducing a broad range of mobility services, tailored to meet the needs and tastes of individuals and local markets.

LASUTH Re-emphasizes COVID-19 Second Wave, debunks Myth that the Pandemic is Over

Esan Bolaji
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LASUTH Re-emphasizes COVID-19 Second Wave, debunks Myth that the Pandemic is Over
It has been clear for some weeks that Nigeria is experiencing the second wave of the COVID-19 outbreak. There has been a rapid and steady rise in the number of positive cases reported daily as well as a rise in the positivity rate. The positivity rate rose from an average of about 8% in November and presently stands at an average of 28%.

The disease is affecting both the young and the elderly and some affected people may experience long-term sequelae of the disease. People are dying from this disease and it is imperative that we accept the seriousness of this situation and play our individual part in combatting this scourge. Our public response has been less than ideal.

LASUTH Re-emphasizes COVID-19 Second Wave, debunks Myth that the Pandemic is Over Brandspurng
Professor Adetokunbo O. Fabamwo, The Chief Medical Director, LASUTH | www.brandspurng.com

Mask-wearing is sub-optimal and when done, it is not properly worn. Mass gatherings are still commonplace and in open spaces, rules of social distancing are not obeyed. We have grown complacent and are downplaying our personal risk and the risk to our loved ones.

What must we do.

  • We must wear our face-masks compulsorily when interacting with others and we need to ensure it is properly worn to cover both our noses and mouths.
  • We need to avoid touching our faces and ensure we wash our hands before touching our faces.
  • Hand-washing needs to become a culture we adopt and we should do so at every opportunity.
  • We must become each other’s keepers and insist that those around us follow all these rules.
  • We need to reduce face-to-face meetings to the barest minimum and use virtual platforms

At home

  • Please discuss all these issues within your families and put measures in place to protect those who are most at risk such as the elderly. Where possible, wear masks around elderly members of your family.
  • Hand-washing should also become a culture at home and we should practise good hygiene by regularly cleaning our environment.
  • Avoid self-medication. See a health practitioner if you experience ill-health. Do not keep treating malaria multiple times, it might be COVID and you should get tested
  • Teach children to wear masks and to practice hand hygiene. Children are more likely to be asymptomatic or have the mild disease but they could still transmit it if positive.

Health workers

  • Health workers need to have a high index of suspicion for COVID-19.
  • If a client is treated multiple times for a febrile illness or “malaria”, it may be time to request a COVID-19 test.
  • Health facilities also need to take universal precautions seriously and ensure that there are infection, prevention and control vanguards to ensure staff are adhering to precautionary measure.
  • As a health worker, if you become symptomatic, please get tested at an accredited laboratory.
LASUTH has been at the forefront of the response and has been involved in the testing and treatment of patients with COVID-19. The hospital is part of the network of treatment centres in Lagos State COVID-19 response and is working closely with the Lagos State to help combat this scourge. It is however imperative for each and every one of us to play our own part.

A public enlightenment service from Professor Adetokunbo O. Fabamwo, The Chief Medical Director, LASUTH.

4 Myths About the COVID-19 Vaccine That Aren’t True

Esan Bolaji
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4 Myths About the COVID-19 Vaccine That Aren’t True

4 Myths About the COVID-19 Vaccine That Aren’t True

As the first vaccines to fight the COVID-19 pandemic get authorized for emergency use, hope finally seems to be rising. Millions of high-risk Americans are in line to get immunized against the virus.

However, the unprecedented speed of treatment development generated a lot of distrust among the general population. Much misinformation circulates online spaces, leading to scepticism and even refusal to receive shots in groups susceptible to such beliefs.

Let’s debunk some prevalent coronavirus vaccine myths you might hear. 

4 Myths About the COVID-19 Vaccine That Aren't True

Myth 1 – You Don’t Need a Vaccine If You Had COVID-19

Our bodies tend to build immunity to infectious diseases after we’re infected. That’s why vaccines that use live infections worked well in the past. 

However, this pandemic is different. It’s still unclear how long your antibodies protect you from another COVID-19 after you go through it once.

The evidence even rejects the idea of natural immunity to some extent. It suggests that it’s relatively short, even without the viral strain mutations we saw recently, the CDC explains. 

So, the general advice is that even those who’ve been sick before should get vaccinated, at least until researchers gather more data.

Myth 2 – Vaccines Grant Life-Long Immunity

The trials for two treatment options currently are yet to confirm protection duration. The possibilities are:

  • It’ll have to get administered regularly, like the flu shot
  • It could need a booster every few years
  • It’s a once-off immunization 

There are still no guarantees for either alternative. For one, it’s likely to take months before the majority of the population gets the vaccine. Meanwhile, the virus will continue spreading. Plus, the data is inconclusive about whether the immunization stops you from infecting other people.

For now, the vaccine is a tool to stop the spread. Other measures are necessary to bring the pandemic to an end, including masks, social distancing, washing your hands, and regular testing. While there could be a life-long safety mechanism in the future, this isn’t it.

4 Myths About the COVID-19 Vaccine That Aren't True

Myth 3 – The Vaccines Infect You With the Coronavirus

The two vaccines in late-stage development use mRNA, copying the genetic markings of live coronavirus. However, neither uses the live virus itself, as the CDC confirms.

Instead, the leading candidates use techniques to trigger your body’s immune response by injecting a harmless virus piece, the spike protein. As a result, it produces antibodies to fight it off. The immune system eventually establishes memory, protecting you from future infections. 

Pfizer uses a part of the live COVID cell, while Moderna created a copy in the lab, but neither contains the virus itself. 

While the stories about side-effects could make it seem like you’re getting a light case of the disease, the symptoms go away shortly and are easy to alleviate with over-the-counter drugs. 

Is the coronavirus vaccine safe and effective? Doctors on HealthTap weigh in by confirming both claims, encouraging people to get vaccinated as soon as possible.

4 Myths About the COVID-19 Vaccine That Aren't True

Myth 4 – If You Got Flu Shots, You’re Safe

The flu and COVID-19 indeed share many symptoms, making doctors confuse the new virus and the one we know during the early pandemic stages. 

However, they’re different diseases with different viral causes. It’s not a matter of choosing one over the other, doctor Fauci clarifies. It’s your best bet to protect yourself from the flu and the coronavirus by receiving both shots. 

Otherwise, it’s possible to get infected with both simultaneously, or it could be taxing for your body, especially the lungs.

The Bottom Line

Overall, more research and evidence is still necessary to guarantee 100% safety and effectiveness of the vaccines. Still, the myths circling the Internet are doing more harm than good. They might undermine the science and work that went into the development or even slow down the fight against the pandemic.

Don’t believe everything you read, but look into claims that seem shady. The law requires scientists to inform the public on the progress, making relevant data readily available. The choice of whether to receive a shot is yours, but get informed before making it. 

Nigeria’s Debt Stock Rises by 17.60% in 9 Months 2020 on USD3.45 billion IMF Loan

Cowry Research
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Nigeria’s Debt Stock Rises by 17.60% in 9 Months 2020 on USD3.45 billion IMF Loan

In the just concluded week, total debt figure released by the Debt Management Office (DMO) showed that Nigeria’s total public debt stock for the first nine months of 2020 increased by 17.60% to N32.22 trillion as at September 2020 (from N27.40 trillion as at December 2019).

The increase in the country’s total debt stock was chiefly due to a rise in external debt stock by 35.07% to N12.19 trillion (or USD31.99 billion at N381.00/USD) as at September 2020 from N9.02 trillion (or USD27.68 billion at N326.00/USD) in December 2019 – Nigeria received additional USD3.36 billion worth of loan from International Monetary Fund (IMF) in Q2 2020 which further increased to USD3.45 billion in Q3 2020.

Also, the depreciation of the Naira against the greenback adversely impacted the external debts – year to date, Naira depreciated against the USD by 16.87% to close at N381/USD as at September 2020.

Hence, external debt service payments rose YTD to N467.44 billion (or USD1.26 billion) as at September 2020 from N332.46 billion (or USD1.08 billion) printed YTD in September 2019.

Further breakdown of the total external debt stock as at September 2020, showed that Multilateral loan accounted for 52.34% (USD16.74 billion) of which loans from International Development Association (IDA) was USD10.33 billion while that of the IMF was USD3.45 billion.

Bilateral loan accounted for 12.74% (USD4.08 billion) of which loan from China (Exim Bank of China) was USD3.26 billion while the loan from France was USD0.50 billion as at September 2020 – it is clear Nigeria leaned more on China for its Bilateral loan which apparently comes with a low-interest rate and longer moratorium.

Commercial loan accounted for 34.92% (USD11.17 billion) of which Eurobonds was USD10.87 billion while Diasporal bond was USD0.30 billion.

Similarly, domestic debt stock increased by 9.02% to N20.04 trillion in 9M 2020 (from N18.38 trillion as at December 2019) as Federal Government of Nigeria (FGN) increased its regular and Sukuk bond issuances by N1.13 trillion and N162.56 billion respectively within the period under review.

Further breakdown of the domestic debt figure showed that FG’s domestic debt stock rose to N15.85 trillion as at September 2020 (from N14.27 trillion as at December 2019); also, states’ debt increased slightly to N4.19 trillion (from N4.11 trillion). Domestic debt service payment increased YTD by 8.47% to N1.53 trillion in 9M 2020 from N1.41 trillion recorded in 9M 2019.

Elsewhere, the West Texas Intermediate (WTI) crude price rose strongly by 5.76% w-o-w to USD50.83 a barrel gave the 0.63% w-o-w rise in US crude oil input to refineries to 14.38 mb/d as at January 1, 2021 (however, It declined y-o-y by 14.56% from 16.89 mb/d as at January 3, 2020).

The U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) fell by 1.62% w-o-w to 485.46 million barrels as at January 1, 2021 (albeit, inventories rose by 12.62% y-o-y from 431.06 million barrels as at January 3, 2020).

What bothers the mind the most about Nigeria’s rising debt stock is the disparity between the country’s poor infrastructural state and the jump in debt stock within the last five years. Total national debt stock ballooned by 160.68% to N32.22 trillion in September 2020, down from N12.36 trillion in June 2015 – adding a whopping sum of N19.86 trillion.

With the high pace at which the country amasses debt without a corresponding healthy growth in revenue, especially foreign earnings, it may run into difficulty servicing its foreign debt amid its overreliance on crude oil revenue.

Hence, we expect FG to create the right policies that would engender economic diversification and support the export of products rather than commodities, particularly this time that Naira is fast depreciating against the US dollars.

DF Holdings Acquires N555.2m Worth of AIICO Insurance Shares

Esan Bolaji
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0
DF Holdings Acquires N555.2m Worth of AIICO Insurance Shares

AIICO revealed that a majority shareholder, DF Holdings Limited had acquired 474,603,596 ordinary shares at N1.17k per share at the Nigerian Stock Exchange platform.

The notice which was signed by Donald Kanu, Company Secretary and dated January 7, 2021, further shows that the said dealing took place on December 31st 2020.

DF Holdings Acquires N555.2m Worth of AIICO Insurance Shares

Champion Breweries’ Substantial Shareholder Acquires Shares Worth ₦4.95 Billion

Esan Bolaji
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Champion Breweries’ Substantial Shareholder Acquires Shares Worth ₦4.95 Billion

The Raysun Nigeria Limited (a local Substantial Shareholder), purchased 1,903,609,538 ordinary shares of Champion Breweries Plc in a transaction on Thursday, January 7th. The stock was acquired at a cost of ₦2.60 per share, for a total transaction of ₦4,949,384,798.80.

In 2013, Raysun Nigeria Limited, a wholly-owned subsidiary of Heineken, purchased Consolidated Breweries and now holds a majority equity stake in Champion Breweries Plc.

Substantial Shareholder Buys Champion Breweries' Shares Worth ₦4.95 Billion

Information contained in the Nigerian brewer’s 2018 audited financial report indicates that Raysun Nigeria Limited owns a total of 4,729,434 units of shares, which represents 60.4% shareholding.

Financial Performance in Q3 2020:

Champion Breweries Plc, Beverages Brewers/Distillers company in Consumer Goods sector announced 1.7% Revenue growth in Q3 2020 Result.

  • Revenue grew by 1.7% to N4.9bn from N4.8bn in the previous quarter.
  • Profit before tax declined by 79% to N85m.
  • Profit after tax declined by 79% to N60m.
  • Net Assets grew by 0.7% from N8.03bn to N8.09bn.

Champion Breweries Plc is an established brewery in Nigeria manufacturing Champion Lager Beer and Champ Malta as well as a selection on non-alcoholic beverages. The company also brews and packages products under contract to Nigerian Breweries Plc.

The main brands in its product portfolio are Champion Lager Beer and Champ Malta. Champ Malta is a flavoured beer with a golden colour and distinct aroma.

The company has undergone a number of name changes; established as South East Breweries Limited, the name changed to Cross River Breweries Limited and thereafter to Champion Breweries Limited which was later changed to Champion Breweries Plc.

In 2011, Consolidated Breweries acquired a 57% equity stake in Champion Breweries which was originally held by Montgomery Ventures Inc (Panama).

Double CRR Debit by The Apex Bank Significantly Crushed Liquidity in The Interbank Market

Esan Bolaji
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0
Double CRR Debit by The Apex Bank Significantly Crushed Liquidity in The Interbank Market

The FGN bond market closed the week on a very drab note, picking slightly by mid-day and then halting towards the session’s end. Much of today’s activities focused on the curve’s belly 2034s and 2035s papers particularly, with few trades settling around 8.05% singly.

Market participants didn’t leave out the 2049s bond during today’s session as we saw high and lows of 8.10% and 8.02%, although tiny volumes traded within this range.

At the short end of the curve, 2026s and 2027s papers were largely bided with very few offers to match the trade. At the earlier hours of the day, we saw quotes kick-off at 6.40%/6.30% on the 26s paper but squeezed slightly towards the end of the trading session closing the day 6.32%/6.25%. The 2027s, on the other hand, was bided all day at 6.50%.

We expect activities to pick slightly next week as inflows from FGN bond coupon payment trickle into the market. 

Treasury Bills

At the Treasury bills space, trade volumes dwindle, especially after the Apex bank’s double CRR debit and bi-weekly FX retail intervention funding in the interbank market, which consequently crashed market liquidity.

However, we saw a few market interests on the March-June bill, primarily order-driven trading within the range of 0.15%-0.70%. We also saw few market interests on the newly issued one-year OMO bill (04th Jan 2021bill), starting at 2.60% bid but compressed by approximately 60bps with no matching offer.

However, Jan 2021 tighten at 2.00%/1.70% by the close of business, making it difficult to seal.

We expect the treasury bills market to pick slightly next-week as participants recover from their heavy CRR debit of over N600BN by the Apex bank at the interbank market. 

Money Markets

It was significant chaos in the interbank space despite the market opening at over N1trillion positive. Shortly into the day, The Apex hit the market with a CRR debit of over N400bn and then after another N200Bn totalling over N600BN overall debit.

This is aside from the much expected bi-weekly retail intervention funding provision made by most banks in the market. As a fall of these debits. OBB and OVN jumped significantly above 800% to close the day at 8.00% and 9.30%, respectively.

We expect the interbank market to normalize in the early part of next week, albeit with rates slightly above 1%, as there are no significant funding need to push rates further north. 

FX Market

Transaction volumes remained very weak in the IEFX window, with shallow volumes passing through the market, albeit the Naira appreciated N0.17k. Most banks remained bided for most of the trading session between N385.00/$ and N413.00/$ while all other market segments remained stable compared to yesterday’s closing.

FX Market
Current (N/$) Previous (N/$)
CBN Spot 379.00 379.00
CBN SMIS 380.69 380.69
I&E FX Window 393.50 393.67
Cash Market 470.00 470.00
Transfer Market 484.00 484.00

 

Eurobonds

The NIGERIA Sovereigns closed the week on a strong note with more aggressive bids shown across the curve riding on the continuing rebound in oil prices, which crossed $55 in the international market (Brent Crude).

We saw the most significant movement in yields at the belly of the curve for the 2027s-2031s papers, which gained a c.16bps D/D average. By and large, yields compressed by an average of c.9bps across the sovereign curve.

The NIGERIA Corps had a quiet session, albeit large movement in yield for the SEPPLN 22s, which compressed by c.248bps compared to yesterday’s closing.

Airtel Wins Big at LAIF, Pitcher Awards

Esan Bolaji
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0
Airtel Wins Big at LAIF, Pitcher Awards

Leading telecommunications services provider, Airtel Nigeria, has won a total of 20 awards at the 2020 edition of the Lagos Advertising and Ideas Festival Awards (LAIF), an award platform designed to recognize creative excellence as well as promote excellence in the field of Advertising and Marketing Communications. 

In what the award’s organizers have described as unprecedented, Airtel clinched seven Gold, six Silver, six Bronze and the most prestigious Grand Prix at the virtual ceremony, which held recently.

Airtel Nigeria Commences Renovation of Infectious Disease Centre at LUTH

While Airtel won the Grand Prix with its ‘Data is Life’ advertising campaign, its 444 campaign earned it three Gold awards in the Bank, Investment and Other Financial Communication award’s category and also three Gold in the Telecom Product/Services award category. Airtel’s ‘Data is Life’ (DIL) campaign was also adjudged a Gold. 

Airtel’s advertising campaign also won nine awards, earlier last year, at the Pitcher’s Awards, taking the company’s total awards for advertising campaigns in 2020 to 29 (twenty-nine), the most it has earned in any year. 

The Pitcher Awards is widely considered as one of the most valuable and internationally respected accolades for creative work coming out of Africa.

It started as an annual celebration of creativity in West Africa, but beginning with the 2020 edition, the scope has now widened to include all work created, released or implemented anywhere on the African continent in line with its vision to provide the true and authentic benchmark for African creative excellence. 

Commenting on the awards, Chief Executive Officer and Managing Director, Airtel Nigeria, Segun Ogunsanya, expressed appreciation to the awards’ organizers for celebrating and promoting excellence while he dedicated the awards to the company’s over 50 million customers across Nigeria, noting that Airtel will not rest on its laurels and will continue to go the extra mile in connecting and bonding emotionally with all its stakeholders through compelling, relevant, bespoke and inspiring narratives. 

It would be recalled that Airtel Nigeria was recently recognized for its efforts in storytelling and PR innovation at the 5th edition of the Lagos Public Relations and Industry Gala (LaPRIGA), a prominent communications industry event at the instance of the Lagos Chapter of the Nigerian Institute of Public Relations.

The Corporate Communications Department of Airtel Nigeria was also awarded the ‘Best Corporate Communications Team’ in Africa by the prestigious Sustainability, Entrepreneurship and Responsibility Awards (SERAs), a prominent award platform designed to celebrate excellence in the practice of Sustainability and Corporate Social Responsibility (CSR) in Africa.

Airtel Nigeria’s Managing Director and Chief Executive Officer, Segun Ogunsanya, was also recently named the ‘Telecoms CEO of the Year’ by telecoms stakeholders under the banner of Association of Telecommunications Companies of Nigeria (ATCON) while the company’s Corporate Communications/CSR Director, Emeka Oparah and its Information Technology Director, Seun Solanke were recently named Corporate Communications Practitioner of the Year and IT Director of the Year by LaPRIGA and the CIO Awards, respectively. 

ATCON also awarded Airtel Nigeria the ‘Best Customer Service Operator 2020’ at the ATCON/NTITA award, which held in November 2020.

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