Dangote, MTN, Others the most valuable brands in Nigeria


Telecoms large, MTN Nigeria and Dangote Group, have emerged probably the most precious manufacturers in Nigeria, in line with the Top 50 Brand survey.

While Dangote topped the listing, it was adopted by MTN. Globacom got here third within the chart.

The prime manufacturers and class leaders might be honoured on the #IAMBRANDNIGERIA award and gala in Lagos on November 30.

Dangote trade once more took the lead this yr following its final yr’s feat. This made Dangote double because the Most Valuable total and Nigeria model within the 2019 assessment. Dangote is probably the most diversified and largest conglomerate in West Africa and one of many largest within the continent.

The Chief Executive Officer/Country Director, Top 50 Brands Nigeria, Taiwo Oluboyede, stated Dangote Cement, a member of the group is probably the most capitalised firm on the Nigerian Stock Exchange (NSE).

“Dangote is expected to deliver its 650,000 barrel per day (bpd) capacity crude oil refinery with the world tallest atmospheric tower in the coming year,” he stated, including that MTN, regardless of its damaging narratives, has continued to develop stronger, sustaining its second placement within the annual rating. The model has been the biggest telecom and enterprise service supplier within the nation.

“The brand enjoys more local affinity with the public listing and the trading of its stocks earlier in the year. Following its listing on the floor of the NSE, MTN has been the second most capitalised company on the exchange. It is first telecommunication network service provider to be listed on the NSE premium board. By this also, MTN Nigeria is the Most Valuable Multinational in Nigeria for the year,” Oluboyede stated.

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  1. It’s truth

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