News
Dangote Industries Limited, again emerges as the most valuable brand in Nigeria for 7th time
Nasiru Yusuf Ibrahim
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.
KANO FOCUS reports that 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.
News
FCCPC, NCC sign MoU to protect consumers’ right
Nasiru Yusuf Ibrahim
In a bid to streamline the operation of the telecoms industry and also adequately protect the rights of consumers in the country, the Federal Competition and Consumer Protection Commission (FCCPC) entered into a partnership with the Nigerian Communications Commission (NCC) to ensure speedy growth of the sector.
Speaking on Tuesday while welcoming the team from NCC to his, the Executive Vice Chairman of FCCPC, Mr. Tunji Bello
explained that by design, regulations are often interwoven and overlapping.
“The principle behind overlapping regulations is simple: it serves as a mechanism to prevent issues from slipping through the cracks.
“This explains the interwoven relationship between the Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Communications Commission (NCC).
“It ensures that if one agency, due to certain limitations, fails to identify or address a consumer issue or regulatory violation, the other agency, potentially with a different perspective, will be able to step in effectively.
“This highlights the importance of Section 105 of the Federal Competition and Consumer Protection Act (FCCPA) 2018, which explicitly provides for cooperation and collaboration between the FCCPC and sector regulators.”
Bello stated that “this synergy is critical to ensuring comprehensive oversight and consumer protection without regulatory conflicts or duplications.
“By this, we are also making life easier for the generality of consumers in dealing with two government agencies on the same issue at the same time.
“The signing of this MoU today symbolises the convergence of two diligent government agencies in compliance with legal requirements to eliminate regulatory gaps in the telecoms industry.”
He said the journey to this milestone has been both challenging and rewarding. “I am pleased that with Dr Aminu Maida, the Executive Vice Chairman and Chief Executive Officer of the NCC, we have successfully achieved this milestone.
“Guided by our shared vision, this partnership will benefit both operators and consumers. It will foster harmonious collaboration between our organisations, streamline operations for telecom operators through a one-stop-shop approach in many instances, and ensure robust consumer protection, fair competition, and the eradication of exploitative practices.
“Given the importance of this legal requirement, today’s event should inspire other sector regulators to establish similar collaborative frameworks with the FCCPC, as mandated by Section 105 of the FCCPA. This will ensure that consumers across all sectors enjoy the benefits of coordinated and comprehensive regulatory oversight,” the EVC noted.
In his address, the Executive Vice Chairman of NCC, Dr Aminu Maida said, “this occasion is one that I would describe as long coming. It is the outcome of healthy engagements and events that have strengthened the resolve of both our institutions to protect the Nigerian consumer, especially in the communications industry.
“Today, we celebrate the beginning of a strategic partnership between two critical regulatory institutions, each committed to advancing the welfare of the Nigerian people through fair competition and robust consumer protection frameworks” he stated.
The EVC further emphasized that in an era of rapid technological advancements, the significance of collaboration between regulatory bodies cannot be overstated. “The telecommunications sector, in particular, has become the cornerstone of Nigeria’s economic and social development.
“This makes it imperative that we ensure a level playing field for all stakeholders while protecting consumers who depend on reliable and affordable communications services.
“By aligning our efforts, the NCC and FCCPC aim to avoid regulatory uncertainty and create clarity for the benefit of all stakeholders in the communications sector and in furtherance of their joint responsibility to ensure the realization of the Federal Government’s Ease of Doing Business objectives.
“Our partnership also highlights the importance of synergy in regulatory oversight. The challenges we face today—whether they relate to market abuses, consumer rights violations, or the complexities of a digital economy—demand a united front and a consistent approach to policy implementation.
“This MoU will ensure that our respective mandates are harmonized to achieve maximum impact” Maida stated.
Headlines
Kano govt reintroduces waste bins in public transport
Nasiru Yusuf Ibrahim
The Kano State Government has introduced waste disposal bins in the state’s public transport system to ensure a cleaner environment.
KANO FOCUS reports that the initiative targets placing waste bins in Tricycles, buses, and at strategic points in the state, such as markets, bus stops, and motor parks.
Kano Commissioner for Environment and Climate Change, Dr Dahir Muhammad Hashim, unveiled the initiative on Monday in a ceremony titled
“Kano State Waste Management and Refuse Disposal Initiative.”
Dahir while speaking at the event stressed the importance of a clean and healthy environment in the state.
He stressed that the bins were put in place by the Kano State government for proper trashing of waste for a healthy society.
“These bins are designed to help commuters dispose of trash responsibly while on the move,” he said.
“The government is taking a firm stance against littering and we are working closely with the Ministries of Transportation and Commerce to tackle waste management challenges across the state effectively.”
He called on transport workers, traders, and residents to ensure their environment is clean as the government has provided the waste bins for proper disposal.
“While the government is committed to providing the necessary infrastructure, we need the cooperation of all stakeholders, including community leaders, traditional rulers, and religious institutions to raise awareness and foster a culture of cleanliness,” he said.
Headlines
Gov Yusuf to distribute free uniform to primary school pupils
Nasiru Yusuf Ibrahim
The Kano State Governor, Abba Kabir Yusuf is set to flag-off the distribution of school uniforms for Primary 1 pupils across the state on Monday 13th January 2025 as part of the administration’s commitment to addressing the problem of out-of-school children in the state.
KANO FOCUS reports that an estimated number of over 789,000 male and female pupils in 7,092 public schools across the 44 Local Government Areas in the state are to receive sets of uniforms under the program.
A statement sent to KANO FOCUS on Sunday by commissioner of information Comrade Ibrahim Waiya said the initiative is aimed at promoting school enrollment and ensuring that every child of school age is given the opportunity to access quality education, thereby reducing the number of out-of-school children in the state.
The statement added that in addition, the gesture will support indigent parents who may face financial challenges in meeting the educational needs of their children and further demonstrates that education remains the cornerstone of the Abba Kabir Yusuf administration’s agenda for even development across the state.
“By prioritizing the needs of young learners, the government seeks to empower the next generation with the tools they need to succeed and contribute positively to society.
“The official launch event will take place by 1:00 pm at the Coronation Hall, Government House, Kano, with Governor Abba Kabir Yusuf personally overseeing the distribution process,” the statement concluded.