Survey: Dangote Remains Most Admired African Brand Retains position for second consecutive year Ugo Aliogo Nigeria’s Dangote Group, for the second year running, has emerged the most admired African brand.
A survey of 100 Africa best brands, announced in Johannesburg at the weekend, put Dangote Group ahead of telecommunication giant, MTN.
According to the seventh edition of South Africa-based Brand Africa, in a survey carried out in collaboration with the Johannesburg Stock Exchange (JSE), of 15,000
brands mentioned, Dangote ranked first when consumers were prompted to recall the most admired African brand. In the top 100 list, the United States sports and
fitness mega brand, Nike, a non-African brand, retains the overall number one brand in Africa spontaneously recalled by consumers. South African telecoms
brand, MTN, is the number one African brand spontaneously recalled brand, while surging Ethiopian brand, Continued on page 10
CBN: Low Power Supply, High Interest, Others Constrain Businesses... Page 10 Monday 27 May, 2019 Vol 24. No 8813. Price: N250
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Buhari Meets Northern Govs Today over Worsening Insecurity Violence erupts in Jos, many killed, houses torched PDP blames APC, president for escalating despondency Nigeria dancing on the brink of chaos, says Onaiyekan Osinbajo: The future is bright Iyobosa Uwugiaren, Adedayo Akinwale in Abuja and Seriki Adinoyi in Jos President Muhammadu Buhari will today meet with governors of the 19 northern states in Abuja over the worsening security situation in the region. The region has been enveloped by violence
arising from Boko Haram insurgency, herdsmen killing of farmers, armed banditry and kidnapping. Only yesterday, many were killed and houses torched in Dutse Uku, Rikkos and Cele Bridge areas of Jos, the capital of Plateau State, in a renewed Continued on page 8
FG, Shell Begin Production Sharing Contract Negotiations Ejiofor Alike in Lagos and Kasim Sumaina in Abuja with agency reports The federal government has begun renegotiating Production Sharing Contracts (PSC) on deep offshore oil blocks with Royal Dutch Shell, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu,
has said. A report yesterday by Financial Times quoted Kachikwu as saying that Shell’s current PSC would expire in 2023, while the PSCs of other international oil companies (IOCs) would expire in 2028. According to him, when Continued on page 8
Anxiety, Uncertainty in Military over Service Chiefs’ Succession Battles... Page 12
HONOUR FOR A BUSINESS GURU... L-R: Public intellectual, Professor Pat Utomi; Miss Temi Otedola, representing her father and business mogul, Mr. Femi Otedola; and former governor of Ekiti State, Otunba Niyi Adebayo, during the conferment of Zik Prize for Business Leadership 2018 on Otedola in Lagos…yesterday