Business

Dangote Foundation spends N200m to rehabilitate Kano Specialist Hospital

Published

9 years ago

March 2, 2017

Dangote Foundation spends N200m to rehabilitate Kano Specialist Hospital

To complement its N7 billion Surgical and Diagnostic Centre (SDC) currently under construction, the Dangote Foundation has concluded the renovations of some sections of the Murtala Muhammed Specialists’ Hospital, Kano which gulped over N200 million.

The 900 bed capacity hospital, reputed for highest number of in-patients in sub-Saharan Africa has been lacking facilities that may detract from the new SDC being built by the Foundation, hence the decision to carry out the construction and renovation of the auxiliary facilities.

The Foundation handed over to the hospital management a renovated maternity ward, two ultra-modern maternity laboratories, upgraded water supply system Eclampsia ward, theatre and improved sanitary environment befitting of a specialist hospital.

President of Dangote Group, Aliko Dangote who was represented by his daughter, Hajiya Fatima Dangote, explained that the provision of the health care facilities was in line with the focus of the Foundation to contribute to improved health care service delivery in Nigeria as well as nutrition on the African continent.

He stated that his Foundation has mandate to intervene in the critical areas such as health, education and human development which was why the Foundation has also embarked on some poverty alleviation programmes targeted at women at the grassroots.

Kano State governor, who was represented by his deputy, Hafis Abubakar expressed the state’s gratitude to Dangote Foundation for coming to the aid of the state in the task of provision of sound health care to the people of the state.

He urged other public spirited individual and organizations to rise up and partner with the state government orts at making life more meaningful to the people saying government alone could not provide all that the people need.

The Deputy Governor then called on the staff of the hospital to make judicious use of the facilities and maintain them like their personal property so that they can serve the people for a long time

The state Commissioner for Health, Kabiru Getso said the Murtala Mohammed Specialist hospital Kano, was established about 92 years ago and is one of the biggest facility in Africa; with the maternity ward alone recording no fewer than 2, 000 deliveries monthly.

Head of Medical laboratory of the hospital, Magaji Minjibir said the intervention by Dangote foundation was timely, because the state of the hospital has been appalling

According to him, the hospital’s laboratory has suffered congestion and the hospital generally bedeviled with many infrastructural challenges.

“At the Chemical pathology, we had to wait for our equipment to cool down before we process results.

“The Histology department had to stop work temporarily. Our authoclave is about 15 years old and outdated. We have only one microscope and this cannot cater for our teaming patients while lab staff take turns to perform tests and this delays results especially for patients in emergency cases”. Minjibir stated.

The Matron in charge of Maternity ward, Hauwa Mansur Waziri, who also spoke on the pitiable situation of the hospital before the Dangote Foundation’s intervention, said the new facilities will go a long way in improving services and saving more lives.

“There is no doubt that our staff will now be motivated by the conducive environment made possible by the Foundation. They can now perform their duties free of so many hazards. The wards now have bright light, functional tools, water and toilets. All these would enhance condition of patients and help healing process”, she stated with excitement

Business

Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

Published

4 days ago

February 19, 2026

Sahara Weekly

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.

The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.

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

Published

6 days ago

February 18, 2026

Sahara Weekly

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%

Published

7 days ago

February 17, 2026

Sahara Weekly

GTCO increases GTBank’s Paid-Up Capital to ₦504 Billion

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