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

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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.

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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.

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EFCC Freezes Osun Govt Account 10 Days to Election

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By Yusuf Danjuma Yunusa

The Economic and Financial Crimes Commission (EFCC) has frozen an Osun State Government account domiciled with First Bank, ten days to governorship election, according to documents seen by Vanguard.

The account, reportedly used for the payment of workers’ salaries, was placed on “Post No Debit” status by the anti-graft agency.

The development came hours after Governor Ademola Adeleke alleged that the EFCC was planning to freeze the state’s accounts and those of top government officials.

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In a statement issued on Wednesday by the Commissioner for Information and Public Enlightenment, Kolapo Alimi, the governor described the reported move as an attempt to cripple government activities ahead of the August 15 governorship election.

Adeleke maintained that there was no legal basis for freezing the accounts of the state government, arguing that the EFCC lacked the statutory powers to take such action.

A source close to the governor, who requested anonymity because they were not authorised to speak publicly, confirmed to Vanguard that the account had already been frozen.

“I can confirm that the state government account has been frozen by the EFCC. It is no longer an allegation. The governor will address the press shortly to update the public on the situation,” the source said.

As of the time of filing this report, the EFCC had not issued an official statement on the development. The reason for the account restriction was also not immediately known.

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Gov. Adeleke Warns Tinubu Against Rigging, Violence in Osun Election

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By Yusuf Danjuma Yunusa

Governor Ademola Adeleke has declared that Osun residents will resist any attempts to rig the August 15 governorship election, invoking the potential repeat of the political violence that erupted in the Old Western Region and culminated in a military putsch.

Mr Adeleke, who made the remarks on Monday while addressing his supporters at Orita-Sabo in Olorunda council area, said residents would actively participate in the election and do everything possible to protect their votes.

Citing his personal support and the Accord Party’s endorsement of President Bola Tinubu for a second term in 2027, Mr Adeleke stated, “President Tinubu, I’m passing this message to you. What do you want Osun to do? We have endorsed you. What happened? They are killing us. They are killing Yoruba people. The police have been compromised. The kidnappers are there, (but) the police are not doing anything about it.

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“President Tinubu, I am using this medium to tell you, so you would not say I did not make an outcry. I am the chief security officer of Osun state. President Tinubu, I am passing this message to you, Osun will not accept any rigging. We will go out en masse and vote and defend our votes. I am repeating it. Don’t let what happened in 1983 repeat itself.”

In 1983, a political crisis in the old Ondo state snowballed into deadly riots and arson in Akure, Ibadan, and Ondo, with government buildings, Federal Electoral Commission (FEDECO) offices, and properties belonging to National Party of Nigeria (NPN) politicians set alight because Unity Party of Nigeria (UPN) Governor Adekunle Ajasin was controversially declared defeated by Akin Omoboriowo of the NPN. Amid the conflagration, the military gang of Muhammadu Buhari toppled the civilian government of President Shehu Shagari.

Mr Adeleke alleged that former governor Adegboyega Oyetola was responsible for obstructing the disbursement of funds meant for Osun.

Mr Adeleke stated, “President Tinubu, Osun people and Accord Party have endorsed you as our presidential candidate. Why are we suffering? Why is our money being kept? Oyetola needs to be called to order. We all gave birth to children. Over the innocent blood of other people’s children being killed, God will take revenge.

“What happened? President Tinubu: he (Mr Oyetola) is fighting with everyone. He is the one who is making you fight with everyone. Oyetola needs to be called to order.”

The governor’s appeal for a credible and violence-free election comes 11 days before the off-cycle governorship election. Fourteen political parties are expected to participate in the contest.

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FG Asks Nigerians to Submit Memoranda, Policy Proposals on State Police Creation

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By Yusuf Danjuma Yunusa

The Presidential Working Group on the proposed National Policing Bill has invited Nigerians to submit memoranda and policy proposals as part of efforts to establish a comprehensive legal and operational framework for state policing.

Presidential spokesperson Bayo Onanuga, in a statement on Monday, said the call was made by Chief of Staff to the President and chairman of the Working Group, Femi Gbajabiamila, after the Working Group’s meeting at the State House, Abuja.

“Submissions will be reviewed and integrated into the draft bill, which will then be subject to further national consultation before being finalised and sent to the National Assembly,” he stated.

Mr Onanuga noted that the working group is reviewing the Police Act 2020, the Police Service Commission framework, police regulations and other relevant laws to support the development of an effective, modern policing system.

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According to him, the proposed framework will set national minimum standards, define state readiness and grant certification, clarify jurisdictional responsibilities, ensure independent oversight, uphold human rights, and guarantee sustainable funding.

Mr Onanuga added that call for memoranda will run for two weeks, allowing citizens, professionals, civil society, security agencies, state and local governments, academics, and other stakeholders to contribute.

Mr Onanuga explained that the draft Executive Bill was scheduled for presentation to President Bola Tinubu on September 3, 2026, with national consultations to follow before the final approval.

“The new National Policing Bill will set out requirements for recruitment, training, oversight, funding, and transition arrangements to ensure credible, effective, and accountable policing nationwide,” the presidential spokesperson added.

“A proposed State Police Service must demonstrate that it has credible arrangements for recruitment, vetting, training, pay, pensions, equipment, custody, complaints, discipline, data, firearms control, independent oversight and financial sustainability before it begins policing.”

In his remarks, representative of the Nigeria Governors’ Forum and Ogun State Governor, Dapo Abiodun, described the state police as one of the defining reforms of President Bola Tinubu’s administration.

The invitation came weeks after the National Assembly passed the bill following its transmission by Mr Tinubu.

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