Dangote Industries Limited has emerged as Africa’s Most Admired African Brand for the eighth consecutive year, reinforcing its dominance across industrial, sustainability and social impact rankings.
The company disclosed this in a statement on Sunday, noting that the recognition was announced at the 16th annual Brand Africa 100: Africa’s Best Brands rankings, unveiled in Addis Ababa, Ethiopia.
According to the company, the survey described as Africa’s most comprehensive consumer-led brand study — covered 30 countries representing more than 85 per cent of the continent’s population and economic output.
Dangote emerged as Africa’s Most Admired Brand
In the latest rankings, Dangote emerged as Africa’s Most Admired Brand in aided recall, ahead of MTN and Vodacom. In the spontaneous recall category, it ranked second among African brands behind MTN and ahead of Trade Kings.
The conglomerate also retained its position as Africa’s Most Admired Industrial Brand and emerged as the leading African brand contributing to a better Africa, ahead of MTN, DStv, Shoprite/Checkers and Trade Kings.
The rankings reflect Dangote’s growing influence as one of Africa’s most recognisable corporate brands, driven by investments spanning cement, fertiliser, petrochemicals, energy, sugar, salt, packaging and logistics.
Brand Africa, however, noted that despite modest improvements in African brand recognition, indigenous brands continue to lag behind foreign competitors, accounting for only 15 per cent of Africa’s 100 most admired brands.
Speaking on the findings, Brand Africa Founder and Chairman, Thebe Ikalafeng, said strengthening African brands remains a critical economic priority for the continent.
“Converting goodwill towards African contribution into admiration for African brands is the most urgent commercial opportunity for the continent. It is not enough for Africans to believe in Africa; they must buy Made-in-Africa,” he said.
Dangote also ranked second among brands recognised for contributing positively to society, people and the environment.
Despite the dominance of international brands across Africa, Dangote remained among the continent’s highest-ranked indigenous brands alongside MTN and Ethiopian Airlines.
The three companies emerged as the leading African brands in the 2026 rankings, which were dominated by global brands such as Nike, Adidas, Samsung, Apple, and Coca-Cola.
According to the company, African brands accounted for only 15 per cent of the top 100 rankings, compared with 38 per cent for European brands, 28 per cent for North American brands and 19 per cent for Asian brands.
Further strengthening the group’s profile, its Group Chief Branding and Communications Officer, Anthony Chiejina, was named among the inaugural Africa CMO 100 (ACMO100) list, which recognises influential marketing, branding and reputation management professionals across the continent.
The initiative, launched by Brand Africa in partnership with African Business magazine, MIPAD and the African Media Agency, honours executives shaping Africa’s business narrative and driving brand growth.
Mr Chiejina was among 20 executives selected from West Africa and one of 17 Nigerians recognised for contributions to brand building, corporate reputation management and strategic communications.
Brand Africa said the selection process was based on independent research, industry impact, leadership influence, and contribution to the growth of brands that shape consumer perceptions and economic outcomes.
The latest recognition adds to Dangote Industries’ growing list of accolades, including its induction into the Brand Africa Hall of Fame last year for consistently ranking among Africa’s most admired brands.
Its President and Chief Executive Officer, Aliko Dangote, also received a Lifetime Achievement Award for his contributions to industrialisation and building one of Africa’s largest indigenous business empires.
Nigerian stocks reported a modest gain last week, appreciating by 0.3 per cent as the market only ran limited trading sessions on account of the public holidays commemorating Eid el Adha celebrations.
The advance was largely driven by increased demand for oil and gas stocks.
The main equity index has returned 60.9 per cent year to date, with just five months gone in 2026.
“From a technical standpoint, the market’s 10-day RSI moderated further to 71.47pts (vs. 78.93pts in the prior week), indicating that while the market remains in overbought territory, momentum has continued to ease, thereby reducing the intensity of previous overheating concerns and creates room for fresh buying interest to emerge,” said analysts at Meristem Securities in their outlook for the week.
PREMIUM TIMES has assembled some stocks with sound fundamentals, adopting rigorous approaches to save you the risk of picking equities at random for investment.
The pick, a product of an analytical market watch, offers a guide to entering the market and taking strategic positions, with the expectation that selected stocks will record reasonable price appreciation with the passage of time.
This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions.
Sterling Bank
Sterling Bank tops this week’s pick on the basis of its strong fundamentals and for trading below its intrinsic value. The financial institution’s net profit ratio (NPR) is 16.4 per cent, while the price-to-earnings (PE) ratio is 5.1x. Its RSI is 53.4.
Coronation Insurance
Coronation Insurance makes the selection by virtue of its strong fundamentals. The NPR of the underwriter is 9.2 per cent, while the PE ratio is 9x. Its relative strength index (RSI) is 49.3.
Nascon Allied Industries
Nascon appears on the pick on the basis of its robust fundamentals. The NPR of the company is 22 per cent, while the PE ratio is 17.7x. The RSI is 66.1.
Aradel Holdings
Aradel makes the selection on the basis of its strong fundamentals. The NPR of the energy firm is 57.5 per cent, while the PE ratio is 21.5x. Its RSI is 67.8.
MTN Nigeria
MTN Nigeria makes the cut by virtue of its strong fundamentals. The NPR of the telco is 23.7x, while the PE ratio is 12.9. The RSI is 53.3.
BY SUNDAY SAMUEL—The Lagos State Police Command has debunked a viral video circulating on social media which purportedly shows the recent arrest of Fulani men allegedly found with arms and ammunition in Ikorodu, describing the footage as old and misleading.
In a statement issued on Saturday, the Police Public Relations Officer, SP Abimbola Adebisi, said the video was from an incident that occurred more than three years ago and does not reflect the current security situation in Ikorodu or any part of Lagos State.
According to the command, the recirculation of the outdated video as a recent event is capable of creating unnecessary panic, fear and apprehension among residents.
“The Lagos State Police Command wishes to state unequivocally that the video currently circulating on social media platforms depicting the arrest of some Fulani men allegedly found in possession of arms and ammunition in Ikorodu is an old clip of an incident that occurred over three years ago,” the statement said.
The command urged members of the public to disregard the video and refrain from sharing unverified information capable of undermining public confidence and peace.
It also warned social media users and content creators against disseminating false, unverified and alarmist content that could trigger public disorder, stressing that individuals found deliberately spreading misinformation or fake news would be investigated and prosecuted in accordance with the law.
Meanwhile, the Commissioner of Police, Lagos State Command, CP Tijani Fatai, has directed sustained deployment of personnel and operational assets to identified black spots, strategic locations and entry and exit points across the state.
The police said the proactive security measures are being implemented in collaboration with other security and safety agencies to ensure the continued safety of residents and visitors.
Residents were encouraged to go about their lawful activities without fear, as adequate security arrangements have been put in place to safeguard lives and property.
The command further called on members of the public to remain vigilant and support security agencies by providing prompt, credible and actionable information on suspicious persons, movements and activities within their communities.
According to the police, timely information from residents remains critical to crime prevention and the enhancement of public safety across the state.