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2022: Dangote Industries Wins FMDQ Largest Corporate Lodgment Award  

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Alhaji Aliko Dangote

 

 

 

 

In a blaze of honour, the Pan-African conglomerate, Dangote Industries Limited (DIL) and its Africa’s leading cement manufacturer subsidiary, Dangote Cement Plc were adjudged the Largest Corporate Bond lodgment on FMDQ in gold category and the 2022 Most Trusted Brand of the Year respectively.

 

On the back of the Largest Corporate Bond lodgment on FMDQ award came another recognition with the Dangote Group named as the Most Outstanding Conglomerate in Environmental Sustainability.

 

The cement giant came tops in the stock market for its unprecedented N116 billion Series 2 Bond issuance back in May this year.

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The FMDQ Gold Awards recognises excellence in Fixed Income, Currencies and Derivatives market. It also recognises demonstrated resilience and agility of the Nigerian financial markets participants and acknowledges the valuable efforts of the stakeholders and their participation in the FMDQ markets and across the financial market. It is also given to the corporate entity for the highest total bonds value admitted on FMDQ Depository.

 

During the annual Most Trusted Brand Award, organised by leading research firm Brand Health Ltd, Dangote Cement was chosen as the most trusted cement brand in a survey of 13,000 consumers.

 

The Chief Executive Officer, Brand Health Ltd, Emman Udowoima commended Dangote Cement for the achievement, describing it as a brand of trust and choice indeed. According to him “four out of ten consumers who took part in the study voted Dangote Cement as the Most Trusted Cement Brand in Nigeria. The popularity and the confidence in the brand is overwhelming as its closest rival scored just 12% while Dangote scored 41%.”

 

Other cement brands with substantial mentions scored between 3% and 8%. Some of the elements of the survey include questions like ‘the brand that you feel most confident in, the brand that offers you what you want, the brand that offers highest quality, the brand that is distinctive, and the brand you would recommend to your friends and relatives.

 

Udowoima stated that about 13,000 respondents participated in the 2022 survey and were interviewed across 12 states in Nigeria including the Federal Capital Territory. The States are: Lagos, Oyo, Enugu, Abia, Akwa Ibom, Rivers, Plateau, Adamawa, Borno, Kaduna and Kano and the respondents were drawn from both urban and rural communities.

 

The survey, he said, used quantitative method to elicit responses from the consumers, and also focused on such demographics as gender – Male 50%, Female 50%; Social Class: AB 15%, C1 C2 40%, DE 45%; Age: 18-25, 30%, 26-35, 30%, 36-50, 25%, 51+ 15%.

 

He explained that “The Most Trusted Brands (MTB)” Awards was instituted in 2010 to reward brands that keep promises to the consumers. The award is an enabler for brands to do more for consumers, knowing full well that consumers either reward or punish brands according to their experiences.

 

The Dangote Industries Limited also received the award of the Most Outstanding Conglomerate in Environmental Sustainability. The award was given by the Environmental Sustainability Conference, Expo and Awards (ECOSEA) initiated by Brand Communicator, a frontline brands and marketing publication.

 

Joshua Ajayi, the convener of the conference and awards said, “corporate sustainability practices evolved rapidly in the country’s business space, from just being a cosmetic charity activity into organised sustainability needs built into a vision with specific goals.”

 

The award, which took place during the celebration of the organisation’s World Environment Day recently also gathered the best sustainability players to discuss various issues in sustainability during the conference themed Only One Earth: Building a Safer Environment.

 

Dangote Industries, a fully diversified conglomerate with annual group turnover of US$4billion has invested heavily in building a sustainable business which cuts across Cement, Sugar, Salt, Petroleum, Fertiliser and food.

 

Anthony Chiejina, the Group Chief Branding and Communications Officer at Dangote Industries thanked the organisers, describing the awards as another milestone in the Dangote Group’s business trajectory. He said it is a testament to the strategic business model being executed by the manufacturing giant, which is aimed at rejuvenating Nigeria’s economy and engendering developmental growth of Africa.

 

He expressed the assurance that the Dangote Group would not relent in its commitment to Africa’s development, adding that, “we will continue to impact lives positively through production of goods that meet the peoples’ need.”

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Northern Senators Commends ECOWAS Leaders For Lifting Sanctions On Niger Republic

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Abuja. – Today, the Northern Senators Forum expresses it’s heartfelt appreciation and commendation to the exceptional leaders of the Economic Community of West African States (ECOWAS) for their decisive action in lifting sanctions imposed on Niger Republic as a result of military takeover on 26th July, 2023. We are pleased to see that ECOWAS has responded to the progressive requests made by us individually and collectively on the subject matter, and we commend their prudent and compassionate approach in addressing these critical issues.

The Northern Senators Forum believes that the principled and empathetic decision made by ECOWAS to lift the sanctions on Niger Republic is a testament to the organization’s commitment to regional solidarity, cooperation, and respect for human rights. We understand that this action will go a long way in alleviating the suffering of the people of Niger Republic, as well as ensuring the restoration of stability and economic prosperity in our region.

We are particularly grateful that ECOWAS leaders have considered our pleas to restore electricity, open borders, and lift the sanctions on Niger Republic. These measures will not only have crucial humanitarian implications, but will also foster regional integration, trade, and cooperation. We firmly believe that this step taken by ECOWAS will positively impact the lives of the people of Niger Republic and Nigeria and facilitate the restoration of trust and harmony among all member states.

As representatives of the people and advocates for justice and democracy, we commend ECOWAS for their responsiveness and understanding of the immense challenges faced by our fellow West African nation. The Northern Senators Forum stands in solidarity with ECOWAS IN restoring democracy and rule of law in Niger Republic and other west African countries, and we are committed to working to promote stability, peace, and socio-economic development throughout the region.

The Northern Senators Forum urges the government of Niger Republic and its people to seize this opportunity to hasten the process of returning to democratic governance to build a stronger and more prosperous nation, harnessing their resilient spirit and unwavering determination. Furthermore, we urge all regional stakeholders to continue engaging in dialogue and pursuing peaceful solutions to address any remaining concern, fostering a harmonious environment for progress and development.

Finally, the Northern Senators Forum would like to reiterate its deep appreciation to ECOWAS leaders especially President Bola Ahmed Tinubu of Nigeria for their proactive and benevolent intervention in lifting the sanctions imposed on Niger Republic. We are confident that this decision will leave an indelible mark on the collective consciousness of all West African nations and serve as a shining example for resolving differences through dialogue and diplomacy.

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BREAKING: ECOWAS lifts sanctions against Niger, Mali, Burkina Faso

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President Bola Ahmad Tinubu addressing the Extraordinary meeting of ECOWAS heads of state in Abuja,Photo:Channels TV

 

The Economic Community of West African States (ECOWAS) has lifted sanctions imposed on Niger Republic, Mali, Burkina Faso, member nations that are ruled by military.

The authorities of ECOWAS on Saturday said the decision was based on humanitarian considerations, especially because of the Lenten period and the approaching month of Ramadan.

The regional bloc also lifted sanctions on Republic of Guinea-Bissau.

To invite all four countries to a meeting.

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Kano Unity Forum Urges Drug Dealers to Comply with Court Directives and Relocate to Dangwauro

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Alhaji Gidado Mukhtar addressing the Press

Alhaji Gidado Mukhtar, representing the unity forum, addressed the press in Kano, highlighting the city’s historic significance as a commercial hub spanning centuries, despite facing challenges from colonial and post-colonial legacies.

Recent years have seen a surge in attempts to undermine Kano through the importation of dangerous drugs, posing a grave threat to its future and Northern Nigeria at large, with drug dealers operating openly in markets like Muhammad Abubakar Rimi Market, Sabongari.
Statistics from the NDLEA reveal alarming figures, with substantial quantities of psychotropic substances seized within a short span, prompting urgent action to safeguard society’s future.

The Kano State Government, disturbed by the situation, initiated the establishment of a modern pharmaceutical market within the new Kano Economic City at Dangwauro through a Public-Private Partnership (PPP), aiming to regulate and monitor unlawful activities.

Despite efforts to relocate dealers to the new market, resistance persists, with the perpetrators going to the extent of instituting legal action against directives, recently ruled against by the court.

Stakeholders emphasize the intolerability of allowing illicit drugs to pervade society, asserting a unified stance against the trade’s detrimental impact on Kano’s fabric, and vow to employ all legitimate means to halt its spread.

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