AGS NEWS – Dangote Industries Limited and MTN Nigeria have been named Nigeria’s most valuable brands in the 2024 Top 50 Brands Nigeria ranking.

Announced during a media briefing in Lagos, Dangote Industries secured the top spot for the seventh consecutive year, highlighting its influence and leadership in Africa.

MTN Nigeria ranked second overall and was also recognized as the Most Popular Brand in the country, underscoring its significant impact in the telecommunications sector.

The Chief Executive Officer of Top 50 Brands Nigeria, Taiwo Oluboyede, praised the resilience and innovation of the brands on this year’s list, noting that they have continued to shape Nigeria’s economy despite challenging times.

ALSO READ: Dangote refinery receives inaugural crude supply

Globacom Nigeria, Airtel Nigeria, and Access Bank also ranked among the top five, with Globacom placing third, demonstrating its role in advancing Nigeria’s digital landscape.

The rankings further showed the dominance of Nigerian brands, with seven out of the top ten being home-grown, reflecting their global competitiveness and strong market presence.

Oluboyede highlighted the entry of new brands, Opay Nigeria and Flutterwave, into the top 50, pointing to the growing influence of fintech and digital payment platforms in Nigeria’s economic future.