fbpx
Connect with us

News

Dangote Industries Limited, again emerges as the Most Valuable Brand in Nigeria for 7th time

Published

2 weeks ago

on

Alhaji Aliko Dangote

For the seventh consecutive years, Dangote Industries Limited, has again emerged as most valuable brand in Nigeria, leading other top brands like MTN, Airtel, Access Bank, Globacom and many others.

The latest report of the TOP 50 BRANDS NIGERIA® rankings, an annual celebration of the most influential and valuable brands in the country, revealed this.

Dangote is immediately followed by MTN Nigeria, which not only ranks second overall but also emerged as the Most Popular Brand in the country for the year, according to the Top-of-Mind (TOM) survey. MTN’s   strong consumer connection and widespread recognition highlight its significant impact on the telecommunications sector and beyond.

At the third place this year is Globacom Nigeria, a leading Nigerian multinational telecommunications company known for its innovative solutions and commitment to progress. Globacom’s consistent ranking among the top brands indicate its significant role in Nigeria’s digital and technological advancement. Airtel Nigeria, another key player in the telecommunications sector, secured the fourth position. Access Bank ranked in the fifth position, topping the Banking & Financial Services sector.

The organisers stated that: “This year’s list is a testament to the resilience, innovation, and enduring relevance of brands that continue to shape Nigeria’s economic, particularly in challenging times.

A significant highlight this year is that seven of the first 10 brands out of the 50 are Nigerian, emphasizing the resilience and global competitiveness of home-grown brands, most of which had spread abroad.

Additionally, it is impressive to note the consistency among the top brands, with seven of them maintaining their positions from last year. This stability reflects their continued relevance, strong market presence, and ability to navigate the complexities of the Nigerian business environment.

Nigerian brands account for 24 spots on the top brands list this year, while international brands hold 26 positions, representing 52% of the total.

The 2024 list also witnessed the entry of two new brands, these are Opay Nigeria and Flutterwave, which made their debut in the annual Top 50 evaluation. These new entrants highlight the growing influence of fintech and digital payment platforms in shaping Nigeria’s economic future.

Notably, 14 brands maintained their positions from the previous year, reflecting their consistent performance and consumer trust.

Another set of notes in the presentation are the 10 Brands to Watch – These are vibrant and upcoming brands, who, though not among the 50 Top Brands yet, but with significant visibility and promises. This year, 9 of the 10 Brands to Watch are Nigerian.

During the public presentation, Taiwo Oluboyede, CEO of TOP 50 BRANDS NIGERIA®, commended the       brands for their exceptional performance resilience, particularly in the face of the present economic challenges. “These brands deserve commendation, really, especially in times like this. The past year has been tough for many businesses, with some relocating out of Nigeria and others barely holding on. However, the majority of these brands have shown the resilient Naija spirit by weathering the storms and standing strong with positive projections into the future” He went on “As the saying goes, tough times never last, but tough people do. It’s in times like this that you differentiate between the boys and the men, as these brands have shown.” Concluded Oluboyede.

The 2024 TOP 50 BRANDS NIGERIA® list is a celebration of excellence, resilience, and the relentless pursuit of growth. As these brands continue to innovate and adapt, they set the standard for what it means to be a top brand in Nigeria. We look forward to witnessing their continued success and contribution to Nigeria’s economic development in the years to come.

#
Related Topics:

News

Maulud: Dalori urges Muslims to Emulate Virtues of Prophet Muhammad

Published

15 mins ago

on

September 16, 2024

By

Ali Bukar Dalori

 

The deputy National Chairman of the All Progressives Congress (APC) North, Hon. Ali Bukar Dalori felicitated with Muslims over Ei-dul Maulud.

Dalori urged Muslim faithful to emulate the virtues of Prophet Muhammad (SAW).

He said 12 Rabi ul Awwal is an important date on Islamic calendar as it marks the birthdate of Prophet Muhammad (SAW), as an epitome of leadership, wisdom, and kindness.
Dalori said, “This occasion is an important date on Islamic calendar. I therefore urge Muslim faithful to emulate the noble teaching of the prophet of Islam.
“Let us reflect and pray for peace and economic well-being for our dear country.”
However, Dalori sympathized with the victims of floods in Maiduguri, saying the natural disaster was devastating.
He added, “The occasion of Maulud is vital as it gives us a unique chance to reflect on our faith. Let us use this opportunity to pray for brothers and sisters in Miaduguri who were devastated by floods.”

#

Continue Reading

News

Gov Dikko, Gawuna, Andishu, Nimrod receives YSFON awards

Published

10 hours ago

on

September 16, 2024

By

Gawuna

 

The Youth Sports Federation of Nigeria, YSFON has conferred the executive governor of Katsina state governor, Radda Dikko with merit award in recognition of  the immense contribution by his led state administration to sports development.

The well attended award conferment ceremony took place last Saturday at Ahmadu Bello stadium Kaduna.

Katsina state commissioner for sports,  Aliyu Lawal Zakari received the award on behalf of the state governor.

Gov Dikko applaud YSFON for its over  four decades of sacrifices and  investments in youths development in Nigeria through sports.

He reassured of his commitment to continue to invest in the development of sports in all areas that will  boost national development.

The immediate past deputy governor of Kano state, Dr Nasiru Gawuna was also on parade as one of the awardees.

Gawuna was decorated  in recognition of his service to YSFON for several years. YSFON said.

The managing director, FreIvan Support Services, Moses Ted Andishu also bagged an award, for his  contribution to sports developments at the grass root level.

Moses, who is a  UK  business mogul and philanthropist, speaking through his representative, Joseph Andishu, who received the award  on his behalf has  reaffirmed his commitments toward supporting laudable projects that will mentor Nigerian youths towards positive innovations and entrepreneurship using sports as the vehicle to pursue his goals to  continue to better the cause of humanity.

The incumbent national president, Nigeria Volleyball Federation, Engineer Musa Nimrod was honorured by YSFON for his tireless support to  sports activities  involving Nigerian youths.

 

 

#
Continue Reading

News

Finally NNPC Tackles Dangote, Releases Estimated Pump Prices of PMS from Dangote Refinery.

Published

15 hours ago

on

September 16, 2024

By

 

The NNPC Ltd has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol (obtained from the Dangote Refinery) in its retail stations across the country.

The NNPC Ltd also wishes to state that, in line with the provisions of the Petroleum Industry Act (PIA), PMS prices are not set by Government, but negotiated directly between parties on an arms length.

The NNPC Ltd can confirm that it is paying Dangote Refinery in USD for September 2024 PMS offtake, as Naira transactions will only commence on October 1st, 2024.

The NNPC Ltd assures that if the quoted pricing is disputed, it will be grateful for any discount from the Dangote Refinery, which will be passed on 100% to the general public.

The pricing

The pricing

Attached to this statement are the estimated pump prices of PMS (obtained from the Dangote Refinery) across NNPC Retail Stations the country, based on September 2024 pricing.

Olufemi Soneye
Chief Corporate Communications Officer
NNPC Ltd
Abuja

16th September, 2024

 

#

Continue Reading

Trending