Business
Dangote demonstrates use of Cement variants at Enugu Fair
Dangote demonstrates use of Cement variants at Enugu Fair
As part of its public enlightenment programme, Dangote Cement has demonstrated how to put into appropriate use, its variants of cement to achieve the best results.
At the on-going Trade Fair at Enugu, the Company gathered stakeholders in the built industry and demonstrated the use of its Falcon cement brand, saying when used appropriately, the consumer is guaranteed solid structure that can withstand any weather.
The practical demonstration of the use of the cement brand in the full glare of block moulders and other construction experts involved building, plastering, tiling and band screeding four dwarf walls with the product.
Dangote Cement Coordinator, Artisans Training, Mr. Johnson Olaniyi who conducted the demonstration of the use of Falcon Cement brand in four categories said the product comes with several benefits even as it is pocket friendly.
He explained that the use of Falcon Cement in screeding produces a smooth surface that would require less quantity of paint adding that the smoothness of the wall after the screeding should be the desire of all prospective house owners.
Olaniyi argued that if people understand the role of Dangote Cement’s falcon brand in having a good and attractive screeding, every intending house owner would insist on the use of the product for screeding.
He pointed out that the binding power of Dangote Falcon Cement enables tiles to stick easily to walls and surfaces as the artisans watch tilers use Dangote Falcon Cement to place tiles on walls and surfaces. He then advised the artisans to always “recommend Dangote Falcon Cement to their clients for setting and plastering of walls as its binding power helps to hold sandcrete blocks used in walls and partitioning.” This was also demonstrated at the venue.
In his remarks, during the demonstration, Regional Director, Standards Organisation of Nigeria (SON), Engr. Fred Akingbesote said the initiative by Dangote Cement to conduct a practical demonstration of the uses of its Falcon Cement brand is commendable and should be emulated by other cement producers.
The SON Director said the demonstration has enlightened and educated end-users of cement on the importance of using grades of cement for specific and prescribed jobs. He urged the management of Dangote Cement not to relent but do more to educate users on the qualities and strengths of each grade of cement adding that SON is ready to collaborate the cement company in this regard.
Earlier, President, Enugu Chamber of Commerce, Industries, Mines & Agriculture, (ECCIMA), Mr. Jasper Nduagwuike in his welcome remarks noted Dangote Industries Limited has added a lot of value to the growth of the Nigerian economy as it is operating in almost every sector of the economy.
According to him, the exploits of Dangote Group shows great level and high degree of vision, creativity, thinking, research, innovation, doggedness, hard work and industry.
Regional Sales Director, South East, Dangote Cement Plc, Dr Abayomi Shittu in his welcome remarks noted that Chambers of Commerce & Industry occupy a unique position in driving economic development through their activities.
Said he: “There is no gainsaying the fact that ECCIMA is unique. This is because Enugu State has one of the largest concentration of industries in the South East/South-South geopolitical region and serve as a corridor for transportation of goods, services, and people between the two regions and the rest of Nigeria.”
“ECCIMA International Trade Fair therefore remains an avenue for us to connect with our customers in South-East and other parts of the country. It is a home coming as the region is known for their innovation and industry. We at Dangote Group and people of South-East share the trait of ever pushing beyond the limits and discovering new levels of success” he added.
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Dangote Industries Limited and subsidiaries, Union Marble House, 1 Alfred Rewane Road, Falomo Ikoyi, Lagos, Nigeria
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.
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.
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.
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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