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Recare, Makers of Natures Gentle Touch Wins NIVA Next Bull’s Award

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4 years ago

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Recare, Makers of Natures Gentle Touch Wins NIVA Next Bull’s Award Recare Limited, makers of Natures Gentle Touch haircare brand has emerged winner of the next bull award at the 2022 edition of the Nigerian Investor Value (NIVA) Awards. The highly coveted award organised by BusinessDay Media and Nigeria Exchange Limited recognises outstanding private companies that have built strong national brands, market share and a reputation for standards and processes, in the next bull category. Formerly known as the Top 25 CEOs & Next Bulls Awards, winners were selected through a proprietary survey carried out by the BusinessDay Research and Intelligence Unit (BRIU) with respondents including equity analysts, retail and institutional investors, financial journalists, sectoral experts and professional advisers. Speaking on the feat, Recare General Manager, Mr. Chijioke Anaele said the recognition has further inspired the company and its flagship brand, the Natures Gentle Touch haircare range to do more for the Nigerian women. “We received the latest award in our kitty with great enthusiasm. The NIVA Next Bull award reinvigorates our mission of offering women haircare solutions that aid them to express individuality, unleash personal style and reveal inner beauty through the knowledge of beauty and style. It has given us more reasons to do more, “ said Anaele. Speaking further on the company founded over 25 years by Mr. Chika Ikenga, Anaele noted that, “The story of Recare’s Natures Gentle Touch aligns with the Nigerian women. From the beginning, it has set out to be deliberately different. The objective was to provide every woman with a hair that is one hundred percent healthy, beautiful and natural through plant-based chemistry and use of organic ingredients from the very beginning.” “The Recare brand empowers users to overcome challenges like dandruff, hair breakage, alopecia, dry hair, receding hair line, slow hair growth, hair loss, weak or damaged hair, dry hair and others to bring out the inner beauty. “Our footprint continues to grow as our products have become available in many countries in Africa reflecting our determination to bringing world-class personal style solutions closer to millions of women and men, “ he stated. Since 2006, Recare also runs the Natures Gentle Touch Hair Institute through which it educates and empowers a new generation of beauty professionals and provide world- class brand experience to consumers. In the same year, Recare became the first company to manufacture the full no-lye relaxer kit in Nigeria. In his own remarks, Chief Executive Officer, Nigerian Exchange Limited, Mr. Temi Popoola, who was represented by the Divisional Head, Capital Market, Mr. Jude Emeka, said the award by the Businessday Media Limited underlined Nigeria Exchange Group’s goal of promoting actionable and effective multi-stakeholder dialogue on issues central to a well-functioning financial system. While acknowledging that the winners are worthy and truly deserving the honour, he clarified that the winners were selected from among companies that are active and the investors have expressed strong demand to own their shares. “As a responsible entity, known for aligning with best global practices, we recognise the importance of corporate governance and effective board leadership in driving sustainability on the business front. That is why we choose to not only recognise listed companies who are blazing the trail in investors relations but those also contributing to building a sustainable socio-economic standard in governance, regulation and compliance,” said Popoola. The Publisher, Businessday, Mr Frank Aigbogun remarked that the NIVA Award recognises leaders of private and public companies who have created sustainable alpha-generating value for their shareholders through strategic priorities, operation efficiency, organisational values and marketing engagement activities. He explained that COVID-19 was what most companies, including Nigerian businesses, never envisaged but the reality today is that Russian-Ukraine crisis has again emphasised the need for backward integration and value addition to the nation’s primary produce.

Recare, Makers of Natures Gentle Touch Wins NIVA Next Bull’s Award

 

 

 

 

 

 

Recare Limited, makers of Natures Gentle Touch haircare brand has emerged winner of the next bull award at the 2022 edition of the Nigerian Investor Value (NIVA) Awards.

 

 

 

Recare, Makers of Natures Gentle Touch Wins NIVA Next Bull’s Award Recare Limited, makers of Natures Gentle Touch haircare brand has emerged winner of the next bull award at the 2022 edition of the Nigerian Investor Value (NIVA) Awards. The highly coveted award organised by BusinessDay Media and Nigeria Exchange Limited recognises outstanding private companies that have built strong national brands, market share and a reputation for standards and processes, in the next bull category. Formerly known as the Top 25 CEOs & Next Bulls Awards, winners were selected through a proprietary survey carried out by the BusinessDay Research and Intelligence Unit (BRIU) with respondents including equity analysts, retail and institutional investors, financial journalists, sectoral experts and professional advisers. Speaking on the feat, Recare General Manager, Mr. Chijioke Anaele said the recognition has further inspired the company and its flagship brand, the Natures Gentle Touch haircare range to do more for the Nigerian women. “We received the latest award in our kitty with great enthusiasm. The NIVA Next Bull award reinvigorates our mission of offering women haircare solutions that aid them to express individuality, unleash personal style and reveal inner beauty through the knowledge of beauty and style. It has given us more reasons to do more, “ said Anaele. Speaking further on the company founded over 25 years by Mr. Chika Ikenga, Anaele noted that, “The story of Recare’s Natures Gentle Touch aligns with the Nigerian women. From the beginning, it has set out to be deliberately different. The objective was to provide every woman with a hair that is one hundred percent healthy, beautiful and natural through plant-based chemistry and use of organic ingredients from the very beginning.” “The Recare brand empowers users to overcome challenges like dandruff, hair breakage, alopecia, dry hair, receding hair line, slow hair growth, hair loss, weak or damaged hair, dry hair and others to bring out the inner beauty. “Our footprint continues to grow as our products have become available in many countries in Africa reflecting our determination to bringing world-class personal style solutions closer to millions of women and men, “ he stated. Since 2006, Recare also runs the Natures Gentle Touch Hair Institute through which it educates and empowers a new generation of beauty professionals and provide world- class brand experience to consumers. In the same year, Recare became the first company to manufacture the full no-lye relaxer kit in Nigeria. In his own remarks, Chief Executive Officer, Nigerian Exchange Limited, Mr. Temi Popoola, who was represented by the Divisional Head, Capital Market, Mr. Jude Emeka, said the award by the Businessday Media Limited underlined Nigeria Exchange Group’s goal of promoting actionable and effective multi-stakeholder dialogue on issues central to a well-functioning financial system. While acknowledging that the winners are worthy and truly deserving the honour, he clarified that the winners were selected from among companies that are active and the investors have expressed strong demand to own their shares. “As a responsible entity, known for aligning with best global practices, we recognise the importance of corporate governance and effective board leadership in driving sustainability on the business front. That is why we choose to not only recognise listed companies who are blazing the trail in investors relations but those also contributing to building a sustainable socio-economic standard in governance, regulation and compliance,” said Popoola. The Publisher, Businessday, Mr Frank Aigbogun remarked that the NIVA Award recognises leaders of private and public companies who have created sustainable alpha-generating value for their shareholders through strategic priorities, operation efficiency, organisational values and marketing engagement activities. He explained that COVID-19 was what most companies, including Nigerian businesses, never envisaged but the reality today is that Russian-Ukraine crisis has again emphasised the need for backward integration and value addition to the nation’s primary produce.

 

 

 

 

The highly coveted award organised by BusinessDay Media and Nigeria Exchange Limited recognises outstanding private companies that have built strong national brands, market share and a reputation for standards and processes, in the next bull category.

 

 

 

 

 

 

Formerly known as the Top 25 CEOs & Next Bulls Awards, winners were selected through a proprietary survey carried out by the BusinessDay Research and Intelligence Unit (BRIU) with respondents including equity analysts, retail and institutional investors, financial journalists, sectoral experts and professional advisers.

Speaking on the feat, Recare General Manager, Mr. Chijioke Anaele said the recognition has further inspired the company and its flagship brand, the Natures Gentle Touch haircare range to do more for the Nigerian women.

“We received the latest award in our kitty with great enthusiasm. The NIVA Next Bull award reinvigorates our mission of offering women haircare solutions that aid them to express individuality, unleash personal style and reveal inner beauty through the knowledge of beauty and style. It has given us more reasons to do more, “ said Anaele.

Speaking further on the company founded over 25 years by Mr. Chika Ikenga, Anaele noted that, “The story of Recare’s Natures Gentle Touch aligns with the Nigerian women. From the beginning, it has set out to be deliberately different. The objective was to provide every woman with a hair that is one hundred percent healthy, beautiful and natural through plant-based chemistry and use of organic ingredients from the very beginning.”

“The Recare brand empowers users to overcome challenges like dandruff, hair breakage, alopecia, dry hair, receding hair line, slow hair growth, hair loss, weak or damaged hair, dry hair and others to bring out the inner beauty.

“Our footprint continues to grow as our products have become available in many countries in Africa reflecting our determination to bringing world-class personal style solutions closer to millions of women and men, “ he stated.

Since 2006, Recare also runs the Natures Gentle Touch Hair Institute through which it educates and empowers a new generation of beauty professionals and provide world- class brand experience to consumers. In the same year, Recare became the first company to manufacture the full no-lye relaxer kit in Nigeria.

In his own remarks, Chief Executive Officer, Nigerian Exchange Limited, Mr. Temi Popoola, who was represented by the Divisional Head, Capital Market, Mr. Jude Emeka, said the award by the Businessday Media Limited underlined Nigeria Exchange Group’s goal of promoting actionable and effective multi-stakeholder dialogue on issues central to a well-functioning financial system.

While acknowledging that the winners are worthy and truly deserving the honour, he clarified that the winners were selected from among companies that are active and the investors have expressed strong demand to own their shares.

“As a responsible entity, known for aligning with best global practices, we recognise the importance of corporate governance and effective board leadership in driving sustainability on the business front.

That is why we choose to not only recognise listed companies who are blazing the trail in investors relations but those also contributing to building a sustainable socio-economic standard in governance, regulation and compliance,” said Popoola.

The Publisher, Businessday, Mr Frank Aigbogun remarked that the NIVA Award recognises leaders of private and public companies who have created sustainable alpha-generating value for their shareholders through strategic priorities, operation efficiency, organisational values and marketing engagement activities.

He explained that COVID-19 was what most companies, including Nigerian businesses, never envisaged but the reality today is that Russian-Ukraine crisis has again emphasised the need for backward integration and value addition to the nation’s primary produce.

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Sahara weekly online is published by First Sahara weekly international. contact [email protected]

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

Published

2 days ago

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February 19, 2026

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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.

 

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

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Alpha Morgan to Host 19th Economic Review Webinar

Published

4 days ago

on

February 18, 2026

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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.

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GTBank Launches Quick Airtime Loan at 2.95%

Published

5 days ago

on

February 17, 2026

By

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

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