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Dangote retains Africa’s most admired brand title for eighth year

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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
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.

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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.

READ ALSO: Dangote cuts petrol, diesel ex-depot prices

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.


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Aradel’s annual profit surges 192% as ND Western, Renaissance Africa’s acquisitions lift earnings

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Energy company Aradel Holdings saw its net profit for 2025 increase by 192.3 per cent, compared to what it reported a year earlier, according to its latest audited report, taking its profit after tax to the peak level ever.

The remarkable improvement rested on the ₦393.2 billion translation gain it earned from the business combination it executed last year after acquiring a majority stake in ND Western, an oil drilling firm in which it previously held a non-controlling interest.

Towards the end of 2025, Aradel procured a 40 per cent stake in ND Western in a transaction that took its shareholding in the entity to 81.7 per cent.

The deal involving ND Western, being one of the companies under Renaissance Energy Holdings, raised Aradel’s stake in the latter from 33.3 per cent to 53.3 per cent, making it its majority owner.

Revenue for the period under review grew by 20.4 per cent to ₦699.4 billion, driven by crude oil exports and the sale of refined products.

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Operating profit, which was up by 151.7 per cent, derived strength from the ₦217.1 billion earned as a bargain purchase from acquiring the additional stake in ND Western at a cheaper amount than its fair market value.

Share of profit from associate company stood at ₦109.5 billion, compared to ₦31.6 billion a year ago.

However, the company incurred ₦106.3 billion in fair value loss on step acquisition as a result of legacy expenses in respect of the write-down of a carrying amount from the ND Western asset acquisition.

READ ALSO: Femi Otedola, Paul Enenche named among Nigeria’s 10 ‘Models of Exemplary Fatherhood’

Profit before taxation climbed by 163.6 per cent, while profit after tax jumped to ₦757.3 billion from ₦259.1 billion.

“Our focus in 2026 is on consolidating our expanded portfolio to enhance operational scale, improve efficiency across our assets, increase production and further diversify our revenue base anchored on our long-term ambition to grow the Group’s production to support sustainable, long-term shareholder value,” Adegbite Falade, the CEO, said.

“Reflecting the strength of our performance and confidence in our outlook, the board is pleased to propose a final dividend of ₦23.0 (US$0.016) per share, taking the total 2025 distribution to ₦33.0 (US$0.024),” he added.

The ₦33 total dividend per share is 10 per cent higher than that of 2024 and is equivalent to a potential payout of ₦143.4 billion.


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Reborn @ 66: African Alliance Insurance Promises Absolute Transparency and Solvency

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BY NKECHI NAECHE-ESEZOBOR—The new management of African Alliance Insurance Plc has promised sound solvency management and absolute transparency as the company officially returns to full business operations following a major regulatory restructuring.

Speaking recently in Lagos, the newly appointed Managing Director and Chief Executive Officer, Mr. Ayobami Olakunle Ogunkeye, stressed that the pioneer indigenous life underwriting firm has pledged to uphold the highest standards of accountability and customer-centric service.

According to Ogunkeye, a seasoned turnaround expert, the company’s revival strategy is built directly upon these promises to ensure long-term viability and safeguard the interests of all policyholders.

The company’s renewed assurances follow a decisive regulatory intervention by the National Insurance Commission (NAICOM), which began in October 2024.

Prompted by severe liquidity pressures, operational disruptions, and a substantial backlog of unpaid claims, NAICOM had appointed an Interim Management Board to stabilize the 66-year-old institution.

During the intervention, the interim board successfully cleared over 75 percent of the company’s accumulated legacy liabilities.

Critical capital was unlocked through the competitive sale of a 49 percent stake in PAL Pensions, while trapped dividend funds were secured to clear up to 15 months of annuity arrears.

Additionally, the team transparently transferred the firm’s admitted annuity portfolio to an underwriting institution to secure uninterrupted payments for beneficiaries, upgraded internal ICT infrastructure, and completed vital forensic and actuarial reviews.

With these corrective milestones achieved, NAICOM Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, formally certified the company fit to resume full operations and officially handed control over to a newly constituted board and management team.

Although independent operations have resumed, African Alliance will remain under active regulatory oversight to monitor its ongoing recapitalization progress and solvency compliance closely.

The newly formed leadership structure is headed by Board Chairman Rear Admiral Anthony Odogba Isa. Joining him on the board are Andrew Ubochi as Executive Director, Technical, alongside non-executive directors Chief Boniface Chinedu Moore (SAN), High Chief Olabode Akeem Mustapha, Ataraire Gideon, and Harrison Ogalagu.

Addressing the firm’s diverse stakeholders, Ogunkeye stated that the lessons learned during the recent period of hardship have deeply reinforced the company’s resolve to develop appropriate corporate governance structure

He assured existing policyholders that their trust would be honoured without compromise, while inviting prospective clients to approach the revitalized insurer with full confidence in its financial positioning and operational capacity.

The post Reborn @ 66: African Alliance Insurance Promises Absolute Transparency and Solvency appeared first on Business Today NG.

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