Business
Excitement Grips Nigerians as Winners Emerge in Dangote Cement Promo
The on-going Dangote ‘Bag of Goodies Season 2 Consumer Promo’ has triggered excitement in the country as more winners continue to emerge, winning millions of Naira, goodies bags, recharge cards, and several others mouthwatering prizes.
Just last week, the company sent credit alerts of One Million Naira each to the first three winners to emerge from the Dangote Cement Promo in a ceremony witnessed by Nigerian media and few family members of the winners.
This is in fulfillment of the company’s promise to make one thousand people millionaires, in its on-going “Bag of Goodies: Spell Dangote and win a Million Naira Consumer Promo, which commenced a few weeks ago.
Already, many other lucky winners are carting away, recharge cards and Dangote Cement Goodies Packs, which contain rice, salt, pasta, sugar, seasoning in the ongoing promo, which the company said, was initiated to alleviate the negative impacts of the deadly COVID-19 on consumers of Dangote Cement.
A bricklayer in Lagos, Mr. Adekunle Donald, said he is very excited about the promo and that he is expecting to win at least One Million Naira before the end of the promo.
“Right now, I am very close to winning One Million Naira. I have some of the letters with me already, just waiting to get two more letters to complete the word “D-A-N-G-O-T-E” and become a millionaire,” he said.
Adekunle disclosed that he has lost count of the numbers of recharge cards that he has seen so far inside Dangote Cement bags since the promo started.
“I work in a block molding company and we use Dangote Cement on a daily basis. Right now, it is difficult to remember the number of recharge cards that myself and other workers have collected from the promo bags. We are all excited because I know that before the end of the promo period, I will not only win recharge cards, I will also become a millionaire.”
Another excited consumer of Dangote Cement, Mr. Nnamdi Okafor, an estate developer, described himself as an addicted user of Dangote Cement.
“I am an estate developer. I have been using Dangote Cement since the inception of my company. I can recommend Dangote Cement to anyone who desires a strong foundation in the construction of a building. I have personally used it and I am very convinced that it is the best for those of us who are in the business of estate development. I will recommend Dangote Cement to builders and block moulders due to its rapid setting, especially during the rainy season,” he added.
Okafor said he has won several goodies packs of Dangote products, but he is expecting to win One Million Naira or more during the on-going promo. “I have won some recharge cards and goodies packs, but my aim is to win a million naira or more. Last year, I won many goodies packs, but this year, I am eagerly waiting to emerge a millionaire,” he said.
Marketing Director, Dangote Cement Plc, Mrs. Funmi Sanni, encouraged consumers to continue to buy Dangote Cement and continue to win several numbers of prizes that have been available by the company.
Sanni insisted that consumers are entitled to multiple times winning in the ongoing promo.
“The beautiful thing about the promo is that the new Dangote Cement millionaires can win again and win. There is no limit to the number of times they are expected to win. So my advice is that they should keep on buying Dangote Cement and keep on winning,” she said.
Aside from winning One Million Naira, Sanni said that consumers also stand a chance to win tricycles, motorcycles, television sets, refrigerators, Dangote Food Goodies packs, recharge cards and many other exciting gifts.
She explained that the promo was meant to reward its teeming customers who had with their patronage made Dangote cement the number one product in the country. She stated that there was no better way to show appreciation to them than the cash reward in view of the present situation.
To be a part of the promotion, she explained,
“All the consumer needs to do is to buy any promo bag of Dangote Cement during the promo period, pick out the scratch card inserted in the bag, scratch open the inserted card to see what you have won, and go to the nearest redemption center to collect your prize.”
Under the new promo, 1,000 Nigerians are expected to win a star prize of N1 million each over a period of 16 weeks.
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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