Business
Pandagric Novum Unveil Rebranded Supreme Feeds
Pandagric Novum Unveil Rebranded Supreme Feeds, Holds Distributors’ Conference, in Abuja
Pandagric Novum Limited, leading manufacturer of animal feeds, recently held its annual distributors conference and the unveiling of the rebranded Supreme Feeds, in line with the aim of creating profitable partnerships and repositioning for market leadership.
The two-day event which held in Abuja, themed “Winning Together”, brought together major distributors across the nation as well as management and staff of the company, which include the Chief Executive Officer (Bruce Spain), Executive Board Member (Theo van der Veen), General Manager-Sales & Marketing (Tunji Osoko), and others.
Speaking at the event, the Chief Executive Officer, Bruce Spain stated that “the conference was all about introducing Pandagric Novum customers to the new horizon, the new adventures, and the new destination of increased growth by putting up a World Class New Feed Mill that will increase control over Feed mill inputs and availability of products”.
He reiterated that the company’s mission is ‘To continuously innovate! Never accept the status quo! To redefine the concept of farming, feeds and foods in Nigeria! To positively impact our employees, suppliers, customers, community and the environment while enhancing shareholders value!’. He went on to add that the conference was about sharing good news and sharing information about the new opportunities for Pandagric Novum and its distributors – “it’s all about Winning Together”, he said.
Also speaking at the event, General Manager Sales & Marketing, Tunji Osoko, disclosed that, despite the many tough environmental variables prevalent in the country and the negative impact posed by COVID-19, Pandagric Novum Limited has chosen to invest massively in the local economy. Particularly, the agricultural space was picked to foster food sustenance, employment and to enhance business opportunity for Nigerians. He said that the poultry sub-sector is the most commercialized of all Nigeria’s agricultural sub-sectors with a net worth of N1.6 trillion according to CBN. He also stated that Nigeria has a big population with low per capital consumption of poultry compared to peer countries and that local demand for poultry currently outpace supply.
Tunji further stated that, the purpose of the annual forum was to assure distributors of the organisation’s long-term commitment to the development of the Nigerian economy at a time when many investors are discouraged and unwilling to invest. In his words, “The conference is an avenue to solidify ties with feed distributors, boost the confidence of our customers, and in line with the theme of the event, Win Together!”
One of the major distributors at the event, Olayemi Segun of Olaji Farms; commended the efforts of the management of Pandagric Novum for organizing a first in a class of events to celebrate, inform and reward its distributors. He went on to add that “the conference has added a new meaning to the sales of Pandagric Supreme Feeds, as it was highly informative. It has shown me that there are better ways to market feeds, as I now have new insights regarding the sales and marketing of feeds. I am also impressed with the improved process that Pandagric Novum is trying to inject into its system of production by expanding and scaling its production to match demand”.
Supreme Feeds was birthed in 2010, with the installation of a large-scale commercial feed mill in Nasarawa State, with a mission to produce and supply the highest quality animal feed in Nigeria. To support this mission of converting grains and oil seeds to the highest quality animal feed; additional factories for the processing of soybeans and raw maize to high quality maize meal were installed, to enable the company to manage to the greatest extent possible, the quality and consistency of its raw material supply chain.
In 2018, Pandagric Novum Ltd began its new stratospheric journey through its partnership with two large, impact focused, institutional investors, the Nigeria Sovereign Investment Authority (NSIA) and UFF Agric Investments from the Netherlands. The company has since been making timely, sustainability focused investments in backward integration and capacity expansion to achieve its vision ‘To be the catalyst for change and the leader in the agricultural value chain, while being No. 1 choice for food and feeds in Nigeria’.
PHOTO CAPTION: (L-R) Chief Operations Officer, Pandagric Novum Limited, Arnold Smith, Chief Executive Officer, Bruce Spain, Member, Executive Board, Theo van der Veen and the General Manager, Sales and Marketing, Tunji Osoko during the 2021 Pandagric Novum Limited Distributor’ Conference and Unveiling of Rebranded Supreme Feeds in Abuja.
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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