Airtel wins partnership of the year award @2023 SERAS - ITREALMS

ITREALMS ... making leadership SENSE with digital news!


Airtel Nigeria, a leading telecommunications services provider, has won the coveted Partnership of the Year award at the 17th edition of the prestigious Sustainability, Enterprise, and Responsibility Awards (SERAS) held at Oriental Hotel, Victoria Island, Lagos, on Friday, December 15, 2023. The accolade was in recognition of Airtel’s the Re-imagine Education initiative, a consequential collaboration with the United Nations Children’s Fund (UNICEF).

According to the SERAS organizers, the jury’s selection of Airtel is in recognition of the benchmark set by the telecom giant in synergy, impact, and innovation through its visionary collaborations, noting that Airtel's partnership with UNICEF has delivered commendable improvement to the education system of Nigeria.

National Daily’s Man of the Year Award: Obasanjo eulogizes IGP Usman Baba - ITREALMS

ITREALMS ... making leadership SENSE with digital news!

The former President, Chief Olusegun Obasanjo, has eulogised the Inspector-General of Police (IGP), Mr. Usman Baba, on efforts at securing the lives and property of Nigerians, reports ITREALMS.

Speaking last Friday in Lagos in a keynote address at the National Daily Newspaper Awards for Year 2022, OBJ stressed that the IGP deserved the award.

FBN Capital wins Africa's deal of the year award

PR@ITRealms:

FBN Capital Limited has been awarded the ‘Africa Oil and Gas Deal of the Year Award’ for the Oando Energy Resources US$350 million Conoco Phillips assets acquisition deal. The award was conferred at the prestigious IJGlobal Europe & Africa Awards 2014, organized by the Infrastructure Journal & Project Finance Magazine on the 19th of February at the Natural History Museum in London.
 

FBN Capital Limited (a subsidiary of FBN Holdings Plc) acted as Joint Mandated Lead Arranger and financial modeling bank for the Corporate Facility to part-fund purchase of Conoco Phillips’ participating interest in OMLs 60, 61, 62, 63, 131 and 145 by Oando Energy Resources. The total consideration for the acquisition of approximately US$1.6 billion was financed via a combination of debt and equity, with the debt portion of the acquisition facility comprising of a US$450 Million RBL Facility provided by both Nigerian and offshore banks; and a US$350 Million Corporate Facility provided by Nigerian banks. 

The funds were provided by First Bank of Nigeria, Diamond Bank, FCMB, Ecobank, Zenith Bank, UBA, Vitol and Enterprise Bank. Other financial parties to the transaction include FBN Trustees as Security Agent; First Bank of Nigeria as Hedge Provider; and FCMB Capital Markets also as Joint Mandated Lead Arranger.

Speaking on the award, the Managing Director of FBN Capital Mr. Kayode Akinkugbe said, “We are very pleased to have won this award, and remain inspired by the trust our clients place in us to help them achieve success.  We will continue to strive to raise the bar on industry standards with regards to deal-making and structuring.”

Patrick Mgbenwelu, the Director and Head of Debt Solutions at FBN Capital also expressed his pleasure on winning the award; “We feel honored to be recognized for the effort that the client, every member of the team, as well as every party to the transaction put into making this deal a reality”.

The IJGlobal Europe & Africa Awards event is the most prestigious night of the year in the infrastructure calendar as it is a celebration of best-in-class deals in energy and infrastructure over the previous year, uniting over 600 of the industries finest.

+Oreoluwa Ettu +Remmy Nweke (ITRealms) +FBN Capital Limited 
ITREALMS ... delivering news for ICT4D

Onuegbu, SA CEO, makes finalist in E&Y Entrepreneurship award’13

DigitalSENSE Business News:

Managing Director of a leading Nigerian Information Technology (IT) solutions company, the Signal Alliance (SA), Mr. Collins Onuegbu made it as 2013 finalist in the recently concluded Ernst & Young Entrepreneur of the Year award under its Master Category for the West African sub-region.

DigitalSENSE Business News reports that the Minister of Trade, Dr. Olusegun Aganga in his remarks at the ceremony, detailed benefits of events such as the Ernst and Young World Entrepreneur of the Year Award, stressed the need to celebrate entrepreneurs as they boost the economy by their businesses which provide employment for the citizenry.

Regional Managing Partner for West Africa, Ernst & Young, Mr. Henry Egbiki,  told DigitalSENSE Business News that the award is “the most prestigious award that recognizes entrepreneurs across the world,” saying that finalists and winners of the award emerged after an extensive and intensive process.

Also, DigitalSENSE Business News gathered that Mr. Onuegbu, one of the few entrepreneurs in the indigenous ICT sector to be so nominated, narrowly lost to the winner Engr. Femi Akintunde of Alpha Mead Facilities & Management Services Ltd.

Ernst & Young Entrepreneur of the Year nominees, DigitalSENSE Business News further learnt were reviewed by an independent judging panel composed of several distinguished business leaders and previous award recipients using various criteria in entrepreneurial spirit, financial performance, corporate strategic direction, local and global  impact, innovation, personal integrity and influence.

In his reaction on the nomination, Mr. Onuegbu who is a graduate of University of Nigeria Nsukka (UNN) and founding CEO of the company told DigitalSENSE Business News that it was a most humbling manifestation of the giant strides made by the company over the years.

DigitalSENSE Business News recalls that Signal Alliance in the past 17 years has continued to set records in performance and growth in the area of information technology business process solutions and consultancy in all sectors of the nation’s economy; using its strategic partnerships with global OEMs in the IT market like SAP, Microsoft, Cisco, CA amongst others, Signal Alliance has been able to leverage on its expertise to redefine the aspect of enterprise IT solutions in the sub-region.

 Chuks Egbuna/GEE

ITREALMS Online ... delivering news for ICT4D
Pix 1: From left Ernst & Young Regional Managing Partner for West Africa, Henry Egbiki, Director-General, Securities and Exechange Commission (SEC) Arunma Oteh OON, Collins Onuegbu, CEO Signal Alliance adn Minister of Industry, Trade & Investment, Olusegun Aganga during the award ceremony.
Pix 2: From left Adanma Onuegbu, Executive Director, Collins Onuegbu CEO, Michael Chinwuba, marketing and communications manager, Chinyere Azike all of Signal Alliance Limited at the award ceremony.