Business
As UN General Debate Ends, Dangote Volunteers Commence Sustainability Week Initiatives
As UN General Debate Ends, Dangote Volunteers Commence Sustainability Week Initiatives
As the General Debate of the United Nations General Assembly winds up in New York, USA today (September 27), Dangote employees across the Group’s operations in Africa are implementing various initiatives aimed at empowering their host communities and ensuring a sustainable present and future for the conglomerate.
The initiatives form part of the activities to mark the Dangote 2021 Sustainability Week, a purely volunteering process among employees of the Group, with the theme “Building a Sustainable Future – The Dangote Way”. The Week begins on September 27 and ends on September 30.
The theme for this year’s Dangote Sustainability Week is in tandem with the theme of the 76th Session of the UN General Assembly (UNGA 76), which is “Building Resilience through hope to recover from COVID-19, rebuild sustainably, respond to the needs of the planet, respect the rights of people, and revitalise the United Nations.” The UNGA is the main policy-making organ of the global Organisation comprising 193 Members States, among them Nigeria.
This year’s theme and initiatives, according to the Sustainability Unit at the Dangote Group Head Office at Falomo, Ikoyi, Lagos State, are focused around six core UN SDGs – SDG 1 (No Poverty), SDG 3 (Good Health & Wellbeing), SDG 4 (Quality Education), SDG 5 (Gender Equality), SDG 6 (Clean Water and Sanitation), and SDG 13 (Climate Action).
For the 2021 Sustainability Week, Dangote employee volunteers and numerous Sustainability Champions are expected to undertake empowerment and development initiatives in their host communities across the Group, with activities monitored by the Sustainability Function. The events will avail sustainability champions across Dangote operations the opportunity to execute social projects that align with the Group’s community engagement objectives and with optimum benefits for local beneficiaries.
The Week is aimed to help project the social side of the Dangote brand, helping to build goodwill and cordiality with host communities, thereby enhancing the Group’s social license to operate.
There would be empowerment and sustainable activities at Dangote Cement Cameroon, Dangote Cement Congo, Dangote Cement Ethiopia, Dangote Cement Gboko plant in Nigeria, Dangote Cement Ghana, Greenview Limited, Dangote Cement Ibese in Nigeria, NASCON Allied Industries (Dangote Salt), and Dangote Cement Obajana in Nigeria.
Other participating Business Units include Aliko Dangote Foundation, Dangote Packaging, Dangote Rice Limited, Dangote Cement Senegal, Dangote Cement Sierra Leone, Dangote Cement South Africa, Dangote Sugar Refinery, Dangote Cement Tanzania, Dangote Transport, and Dangote Cement Zambia.
At the DIL Head Office at Ikoyi, Lagos, the Sustainability Function, in collaboration with the Group HSSE, Human Resources and Corporate Communications will organise an Outreach Programme for physically challenged persons at the Pacelli School for the Blind, Surulere, Lagos; and the Lagos State owned Old People’s Home, Sabo-Yaba. This will involve donation of basic food items and other consumables, accompanied by a pep talk and awareness session on good hygiene and COVID-19 prevention; in line with Goals 2 & 3 of the UN SDGs.
Another proposed initiative at the Head Office is the ‘Waste as Public Health Risk’ Campaign, in line with Goals 3, 6 and 13 of the UN SDGs. This will involve an awareness campaign on the impacts of wastes (plastic wastes and poorly discarded COVID-19 PPEs such as facemasks, hand gloves e.t.c. on the environment and public health, and how to manage such wastes sustainably. Proposed beneficiaries include those at the Mammy Market, Falomo, Taxi drivers at Falomo bridge, and members of Police Officers’ Wives Association (POWA)/ Army Officers’ Wives Association, Falomo, Ikoyi, Lagos State.
As part of this year’s Sustainability Week, the Volunteers are collaborating with a waste off-taker to station a waste drop-off Bin at the Mammy market. Leveraging this initiative, over 400 women in the market will be able to drop off recyclable wastes that they have collected from the market or in their neighbourhoods, and be paid based on the quantity or weight of the wastes that they drop off. It is therefore an environmental stewardship as well as wealth creation initiative for hundreds of women that use the market, and this is to be sustained even after the 2021 Dangote Sustainability Week.
To ensure compliance with the various health procedures and safety protocols adopted by the Group to tackle the COVID-19 pandemic, the Sustainability Unit, in collaboration with the Group Human Resources and Group Health, Safety, Social and Environment Departments, also rolled out safety measures for all participating employee volunteers across all the Business Units for the Dangote Sustainability Week ending on September 30.
These include zero compromises in terms of compliance with COVID-19 precautionary measures. (facemasks, hand sanitisers, physical distance, ventilation and up to 50% bus occupancy rate). There is also reduction in the number of volunteers embarking on field visits (group outreach programmes, etc); e.g. 50% reduction in the number of persons that would have participated.
The BUs are also to ensure that vulnerable employees or those who may be at higher risk of serious illness (e.g. older employees i.e. > 65 years old and those with medical conditions such as diabetes, heart and lung disease) are advised not to participate physically in these events.
Business
Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend
Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.
The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.
Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.
The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.
The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.
Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.
The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.
Bank
Alpha Morgan to Host 19th Economic Review Webinar
Alpha Morgan to Host 19th Economic Review Webinar
In an economy shaped by constant shifts, the edge often belongs to those with the right information.
On Wednesday, February 25, 2026, Alpha Morgan Bank will host the 19th edition of its Economic Review Webinar, a high-level thought leadership session designed to equip businesses, investors, and individuals with timely financial and economic insight.
The session, which will hold live on Zoom at 10:00am WAT and will feature economist Bismarck Rewane, who will examine the key signals influencing Nigeria’s economic direction in 2026, including policy trends, market movements, and global developments shaping the local landscape.
With a consistent track record of delivering clarity in uncertain times, the Alpha Morgan Economic Review continues to provide practical context for decision-making in a dynamic environment.
Registration for the 19th Alpha Morgan Economic Review is free and can be completed via https://bit.ly/registeramerseries19
It is a bi-monthly platform that is open to the public and is held virtually.
Visit www.alphamorganbank to know more.
Business
GTBank Launches Quick Airtime Loan at 2.95%
GTBank Launches Quick Airtime Loan at 2.95%
Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, Africa’s leading financial services group, today announced the launch of Quick Airtime Loan, an innovative digital solution that gives customers instant access to airtime when they run out of call credit and have limited funds in their bank accounts, ensuring customers can stay connected when it matters most.
In today’s always-on world, running out of airtime is more than a minor inconvenience. It can mean missed opportunities, disrupted plans, and lost connections, often at the very moment when funds are tight, and options are limited. Quick Airtime Loan was created to solve this problem, offering customers instant access to airtime on credit, directly from their bank. With Quick Airtime Loan, eligible GTBank customers can access from ₦100 and up to ₦10,000 by dialing *737*90#. Available across all major mobile networks in Nigeria, the service will soon expand to include data loans, further strengthening its proposition as a reliable on-demand platform.
For years, the airtime credit market has been dominated by Telcos, where charges for this service are at 15%. GTBank is now changing the narrative by offering a customer-centric, bank-led digital alternative priced at 2.95%. Built on transparency, convenience and affordability, Quick Airtime Loan has the potential to broaden access to airtime, deliver meaningful cost savings for millions of Nigerians, and redefine how financial services show up in everyday life, not just in banking moments.
Commenting on the product launch, Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, said: “Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs. The solution underscores the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience. By leveraging unique strengths across the Group, we are able to accelerate innovation, strengthen execution, and deliver a more integrated customer experience across all our service channels.”
Importantly, Quick Airtime Loan highlights GTCO’s evolution as a fully diversified financial services group. Leveraging HabariPay’s Squad, the solution reinforces the Group’s ecosystem proposition by bringing together banking, payment technology, and digital channels to deliver intuitive, one-stop experiences for customers.
With this new product launch, Guaranty Trust Bank is extending its legacy of pioneering digital-first solutions that have redefined customer access to financial services across the industry, building on the proven strength of its widely adopted QuickCredit offering and the convenience of the Bank’s iconic *737# USSD Banking platform.
About Guaranty Trust Bank
Guaranty Trust Bank (GTBank) is the flagship banking franchise of GTCO Plc, a leading financial services group with a strong presence across Africa and the United Kingdom. The Bank is widely recognized for its leadership in digital banking, customer experience, and innovative financial solutions that deliver value to individuals, businesses, and communities.
About HabariPay
HabariPay is the payments fintech subsidiary of GTCO Plc, focused on enabling fast, secure, and accessible digital payments for individuals and businesses. By integrating payments and digital technology, HabariPay supports innovative services that make everyday financial interactions simpler and more seamless.
Enquiries:
GTCO
Group Corporate Communication
[email protected]
+234-1-2715227
www.gtcoplc.com
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