Business
Dangote: Global Partnerships and Investments saved 12m lives from Malaria deaths
Dangote: Global Partnerships and Investments saved 12m lives from Malaria deaths
As the World Malaria Day is marked globally, President of Dangote Group and United Nations’ Malaria Ambassador for Nigeria, Aliko Dangote has called for joint actions by all stakeholders globally if the collective goal of the disease elimination by 2030 is to be achieved.
Dangote in his World Malaria Day statement titled “With Urgent Investment, Innovation and Implementation, Zero Malaria Spread is Possible” urged that all stakeholders must work together to decimate malaria, which he said had brought untold human suffering with the economic toll of the disease on global productivity.
According to him, urgent investment, innovation and implementation by such stakeholders would help curtail malaria spread wherever the disease is found around the world.
He said “…More than ever, we must collaborate to ensure that no child or person dies of malaria or loses another day to this debilitating illness again. We must also drive further progress toward malaria elimination in Nigeria and Africa at large by focusing on three key areas to ensure that malaria elimination remains high on Nigeria’s public health and development agenda; advocate at all levels to ensure sufficient funding to sustain the progress made so far, as we jointly seek to end malaria for good and encourage private sector leaders to implement malaria prevention and treatment programmes in their companies, as we do across our businesses in the Dangote Group.”
Dangote disclosed that since 2000, global partnerships and investments in the fight against malaria have yielded positive results by preventing some 2 billion malaria cases, saving 11.7 million lives and putting eradication within reach. He, however lamented that 96% of malaria deaths globally were found in 29 countries, with Nigeria sadly among the four countries which accounted for over half of all malaria deaths globally in 2021. He said this year’s World Malaria Day (WMD) has presented an opportunity to galvanise global efforts towards advocacy and sustained political will and investment that will be aimed at ending the scourge of the disease.
In his statement, Dangote expressed his readiness to lead the way, pledging that his Aliko Dangote Foundation (ADF) will further strengthen its engagements with the various key stakeholders in “Nigeria and globally to support the efforts to address malaria in our workplaces, communities, and especially high burden areas to attain our collective goal of malaria elimination by 2030”.
The philanthropist noted out that billions of dollars were pledged by donors at the historic Global Fund Replenishment meeting in Geneva, Switzerland in 2022 to boost the fight against HIV, TB and Malaria. He however expressed regret that an unprecedented shortfall of more than 50% in global malaria funding is now holding countries back from maintaining life-saving malaria programmes, despite the historic pledge.
Consequently, the Malaria Ambassador said the funding gaps have been contributing to declining progress in the countries with the highest burden of malaria. “Countries will not reap the rewards of these investments without further commitment to scale up and roll out these innovations where they are needed most. For Africa to move forward, he said the Continent has to get rid of malaria once and for all. Now, according to him, is the time to take decisive action to deliver on our goal of zero malaria, spur overall development and achieve the 2030 targets”, he added.
Dangote urged that the theme of this year’s World Malaria Day: “Time to Deliver Zero Malaria: Invest, Innovate, implement” highlighted the need for urgent action and further investments to ensure existing investments deliver maximum impact in the fight to end malaria.
r“As a United Nations (UN) Malaria Ambassador for Nigeria, I would like to add my voice to the global call on governments and partners around the world to: Invest more in malaria programmes to bridge critical funding gaps and accelerate progress towards the total elimination of malaria; Innovate further to deliver improved solutions to end malaria that are tailored to those who need them most and Implement national strategies to accelerate progress against this age-old disease, by demonstrating leadership, adopting innovative and sustainable approaches, and scaling up national malaria programmes to deliver lifesaving tools to those at highest risk.”
Dangote then acknowledged the positive efforts of the Nigerian National Agency for Food and Drug Administration and Control (NAFDAC) as the second national drug regulator to approve the use of the R21 vaccine, saying the fight against the malaria scourge has been buoyed by the introduction of the new malaria vaccine -R21/Matrix-M, which was developed by the University of Oxford and will be manufactured by the Serum Institute of India.
“As we look forward to its rollout soon. All efforts must be made to sustain the adequate sourcing and application of this innovative vaccine in the fight against malaria; akin to the noble efforts made to ensure the eradication of polio in Nigeria and Africa”, he concluded.
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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