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GTCO Holiday Food & Drink Gives Small Nigerian Brands Festive Sales Boost

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GTCO Holiday Food & Drink Gives Small Nigerian Brands Festive Sales Boost

For many small and growing food businesses, the holiday season often comes with heightened expectations and heightened costs. But for vendors at the GTCO Food and Drinks Festival: Holiday Edition, the festive period delivered more than cheer: it brought visibility, customer traffic, and measurable sales growth.

Held over two days, the holiday fair created a bustling marketplace where food entrepreneurs engaged directly with consumers looking to shop, eat, and experience Nigerian flavours ahead of Christmas.

Vendors described the event as a strategic platform that combines commerce with brand exposure, particularly for businesses still carving out space in a competitive market.

Dimeji, founder of plantain-focused brand Dodo Gang, said the festival offered small businesses a rare opportunity to engage customers on a large, professional stage. According to him, the platform allows emerging brands to “look big” while building authentic connections with consumers.

Dodo Gang, known for promoting plantain culture through food, fashion, and community events, showcased its range of offerings at the fair. Dimeji said the event enabled the brand to reconnect with existing customers and attract new ones, reinforcing its identity beyond just food sales.

For Licious Desserts, the holiday timing translated directly into strong commercial returns. Founder Moturayo Akinseye, a fifth-time participant, described the experience as “absolutely fantastic,” noting that increased holiday shopping activity boosted sales and customer turnout.

She said repeated participation in the festival has helped her brand steadily grow revenue and expand its customer base, making the fair a dependable feature of her business calendar.

Other vendors highlighted the long-term branding value of the platform. Paul Mwaduba, representing Tabapulo Palm Oil, said the festival provided exposure for the Bayelsa-produced, uniquely packaged palm oil brand to audiences it might not otherwise reach.

While he observed differences in foot traffic compared to previous editions, Mwaduba said the fair remained valuable for gathering customer feedback, enhancing brand awareness, and conducting market testing.

That long-term impact resonated with Taiwo Oludairo, founder of Ejire Onigari Limited, who recalled that the GTCO Food and Drink Festival was one of the first platforms to showcase her business when she began exhibiting in 2019.

According to her, relationships formed at earlier editions have evolved into loyal customers years later, demonstrating how visibility at the fair can translate into sustained business growth. Ejire Onigari displayed a variety of Nigerian staples, including sand-free garri, naturally sourced fish, sun-dried crayfish, and palm oil.

Beyond sales, Oludairo said the event creates an opportunity for networking, learning, and collaboration among entrepreneurs who face similar challenges.

First-time exhibitors, including Edibles by Lera Ipapanu and Aga’s Wholesome Foods, echoed similar sentiments, saying the fair introduced their brands to new customers while promoting natural and locally sourced food products.

Across the board, participants credited GTCO’s platform with helping them tap into the lucrative December market, drive sales, and strengthen brand recognition during one of the busiest retail seasons of the year.

As the holiday edition wrapped up, the GTCO Food and Drink Fair once again positioned itself as more than a festival, serving as a meeting point for commerce, culture, and community, and reinforcing its role in supporting Nigeria’s growing food and beverage ecosystem.

Anambra Government Sets Up Committee to Recover Encroached Lands

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Anambra Government Sets Up Committee to Recover Encroached Lands

The Anambra State Government has set up a high-powered committee to recover government lands that have been illegally occupied, grabbed, or misused across the state.

The decision was taken at the 25th meeting of the Anambra State Executive Council, ANSEC, held at the Lighthouse in Awka, as part of ongoing efforts by the administration of Governor Chukwuma Charles Soludo to strengthen land administration and protect public assets.

Commissioner for Information, Law Mefor, who briefed journalists after the meeting, said the move was aimed at safeguarding government property and boosting internally generated revenue for the development of the state.

Mefor stated that the committee has been mandated to identify, recover, and repossess all encroached government lands, stressing that the government would no longer tolerate illegal occupation of its assets.

According to him, the committee will work closely with relevant agencies, stakeholders, and security operatives to ensure effective enforcement and recovery.

He outlined the committee’s responsibilities to include conducting a comprehensive audit of all government lands in Anambra State; identifying and verifying lands that have been encroached upon, grabbed, or misused; collaborating with security agencies to remove illegal occupants and structures; ensuring that recovered lands are put to use for the benefit of citizens; and recommending measures to prevent future encroachment.

The state government also appealed to residents to support the initiative by providing useful information on illegal activities involving government lands to the appropriate authorities.

Mefor added that the committee is expected to carry out its assignment diligently to ensure that recovered lands contribute meaningfully to Anambra State’s development.

Driving Inclusive Growth: WIRA Demo Day Empowers Women Entrepreneurs

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Driving Inclusive Growth: WIRA Demo Day Empowers Women Entrepreneurs

The future of women-led businesses in Nigeria took center stage as the Development Bank of Nigeria, DBN, with support from Agence Française de Développement, AFD, and Sterling One Foundation, hosted the Women Investment Readiness Accelerator, WIRA, Demo Day in Ilupeju, Lagos.

The event brought together investors, ecosystem leaders, and high-potential women entrepreneurs, highlighting DBN’s role in strengthening Nigeria’s MSME ecosystem, particularly for women founders, who remain key drivers of economic growth.

The Demo Day marked the conclusion of an intensive accelerator cycle, providing participants with capacity-building, mentorship, and business development support across sectors including agriculture, food processing, waste management, retail, technology, and fashion.

A highlight of the day was the pitch showcase, where entrepreneurs presented their refined business models to investors, financial institutions, and business support organizations. For many, this represented a direct pathway to funding, partnerships, and expansion, opportunities made possible through DBN’s sustained support of women-led enterprises.

The WIRA program was designed to tackle systemic challenges limiting the growth of women-owned businesses in Nigeria, including limited access to finance, mentorship gaps, and restricted market entry support.

Through WIRA, DBN, and the Sterling One Foundation, provide women entrepreneurs with the resources, knowledge, and visibility needed to thrive.

Speaking at the event, Dr. Tony Okpanachi, MD/CEO of DBN, said: “Investing in women entrepreneurs yields measurable economic and social impact. Their businesses are innovative, resilient, and positioned for scale. At DBN, we remain committed to providing not just financing, but also knowledge, networks, and market opportunities that enable sustainable growth.”

Olapeju Ibekwe, CEO of Sterling One Foundation, added: “The women we celebrated today are solutions-builders tackling real challenges with creativity and determination. Through WIRA, we aim to close the financing and opportunity gap by providing guidance, confidence, and access. Today’s pitches prove what happens when women are empowered to lead boldly.”

Investor partners and business support organizations praised the quality and viability of the showcased enterprises, with several founders advancing to follow-up funding and advisory discussions.

With women owning nearly 60% of Nigeria’s SMEs yet receiving disproportionately lower access to capital, DBN’s investment in WIRA underscores a commitment to unlocking the economic potential of women entrepreneurs and driving inclusive growth across Nigeria.

Sterling Bank, Water.org Launch WASH Business Loan to Boost Clean Water Access

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Sterling Bank, Water.org Launch WASH Business Loan to Boost Clean Water Access

Sterling Bank, in partnership with Water.org and Sterling One Foundation, has launched the Sterling WASH Business Loan to empower water, sanitation, and hygiene, WASH, entrepreneurs and expand access to clean water and safe sanitation across Nigeria.

The initiative unveiled at The Wheatbaker Hotel, Ikoyi, Lagos, underscores a joint commitment to tackling one of Nigeria’s most critical development challenges, limited access to safe water and basic sanitation.

Speaking at the launch, Managing Director of Sterling Bank, Abubakar Suleiman, said the financing solution was designed to promote inclusive development by supporting entrepreneurs and service providers delivering essential WASH solutions at the community level.

He noted that sustainable development depends on collaboration and targeted investments, adding that the product aligns with the bank’s HEART strategy and its broader commitment to improving quality of life through impact-driven initiatives.

Also speaking, Nigeria Senior Partnership Account Manager at Water.org, Gilbert Okpono, stressed that access to finance is central to addressing the global water and sanitation crisis.

He said expanding affordable financing would enable households and WASH entrepreneurs to improve service delivery, reach more communities, and generate long-term health, education, and economic benefits.

According to him, the partnership reflects a shared belief that empowering communities with the means to secure safe water and sanitation can transform lives and drive sustainable development.

The Sterling WASH Business Loan is tailored to support WASH entrepreneurs, small business owners, and community service providers with flexible financing to help them scale operations, improve service delivery, and sustain their impact across underserved communities.

Chief Executive Officer of Sterling One Foundation, Olapeju Ibekwe, described access to safe water and sanitation as one of the most powerful investments in community well-being.

She said the initiative would open opportunities for entrepreneurs and communities to build healthier and more resilient futures through inclusive and scalable solutions.

The launch event attracted development partners, WASH entrepreneurs, policymakers, media professionals, and community organisations, who discussed the role of coordinated financing, supportive policies, and market-driven approaches in closing Nigeria’s WASH access gap.

Interested beneficiaries have been encouraged to seek further information on the Sterling WASH Business Loan through official Sterling Bank and partner platforms.

Nigeria Customs Seizes 20 Diverted Containers Worth ₦769.5m

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Nigeria Customs Seizes 20 Diverted Containers Worth ₦769.5m

The Nigeria Customs Service, NCS, has intercepted 20 diverted transit containers with a total Duty Paid Value of ₦769.53 million across the Kano/Jigawa axis in intelligence-led operations aimed at curbing cargo diversion and protecting government revenue.

The Comptroller-General of Customs, Adewale Adeniyi, made this known during a press briefing in Kano on Friday, December 19, 2025.

He said the seizures, recorded between the second and fourth quarters of the year, were part of sustained enforcement actions aimed at dismantling organized cargo diversion networks.

Adeniyi described cargo diversion as a serious economic crime that threatens national revenue, compromises security, and undermines Nigeria’s credibility in the global trade arena. He warned that the Service would deploy all lawful measures to detect, deter, and punish offenders, adding that there would be no haven for economic saboteurs.

According to the CGC, the seized containers contained assorted items, including vitrified tiles unlawfully diverted from the Kano Free Trade Zone with a DPV of ₦228.6 million, diesel engine oil, polyester materials, used clothing, printed and lace fabrics, medical consumables, and Zamzam bottled water. Some of the items are listed as prohibited imports under the Common External Tariff (CET) regulations.

He further revealed that one container is still under detention pending the conclusion of legal processes, while two containers of medical consumables were forfeited to the Federal Government following a judgment delivered by the Federal High Court, Kano Division, on December 10, 2025.

The CGC also confirmed the arrest, prosecution, and conviction of Abdulrahman Sani Adam for container diversion. The convict was sentenced to three years’ imprisonment with an option of a ₦3 million fine, a development Adeniyi said would serve as a strong deterrent to others.

To strengthen transit cargo monitoring nationwide, Adeniyi announced the near-complete deployment of electronic container tracking devices, which enable real-time monitoring, route compliance, and tamper alerts from ports to inland destinations.

He reaffirmed the Service’s commitment to trade facilitation, revenue protection, and border security, warning that smugglers and their collaborators would face prosecution, forfeiture, and loss of trading privileges.

Importers, agents, and logistics operators were urged to comply strictly with approved transit procedures and report suspicious activities to the nearest Customs office.

GTCO Food & Drinks Festival Holiday Edition: Seamless Payments Enhance Vendor Experience

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Vendors at the GTCO Food & Drinks Festival, Holiday Edition, have lauded the event’s payment infrastructure, highlighting smooth transactions and efficient customer service as a major boost to their sales experience.

For many first-time exhibitors, like Yewande Folawole of One Five Foods, the payment system provided by GTCO has been a highlight of the event.

“We were given two POS machines, and they’ve been functioning very well. Customers haven’t had any issue transferring money, and even when one of the machines had a printing problem, it was fixed immediately,” Folawole said, praising the responsiveness of the organizers.

Similarly, Moses Godwin of Green Baskit described the POS system as “amazing” and noted that customer payments have been “fast and instant,” with no complaints reported during the festival.

Repeat exhibitors also expressed satisfaction. Mary Jane of Mango Bakeshop, who had participated in previous GTCO events, said, “Payments have been seamless. Customers get what they want, and transfers are confirmed almost immediately.”

Adnan Muhammad of Forno Italian Pizza echoed this sentiment, stating that “payments are smooth, and we’re definitely coming back next year.”

Even vendors managing beverages, like Samson of 247 Drinks Cocktail, noted the speed and reliability of the system. “It’s very fast, you click, it processes, and there’s no decline. GTCO has really done well in ensuring that payments are hassle-free,” he said.

While the payment experience has been largely positive, some vendors experienced minor technical issues. Dami of Titi’s Kitchen pointed out occasional delays in error notifications for failed transactions, which sometimes left vendors unaware until after the customer had left.

However, she noted that the support team was responsive and proactive in resolving such issues.

Overall, vendors agree that the robust POS and transfer payment systems have been a game-changer for the festival, making transactions faster, more reliable, and more transparent.

For many of them, the efficiency of payments has enhanced their ability to focus on engaging customers and boosting sales, a crucial factor in the success of the maiden GTCO’s Holiday Edition.

Ogun Police Arrest Suspected Armed Robber, Recover Two Pump-Action Rifles

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Ogun Police Dismiss Curfew Rumours, Assure Residents of Safety

Operatives of the Anti-Robbery Squad of the Ogun State Police Command have arrested Adenekan Segun, also known as “Expensive,” in connection with illegal possession of firearms.

The arrest followed credible intelligence that Segun had brandished weapons during a minor dispute.

The operation, carried out on Sunday, 14th December 2025, led to the recovery of two pump-action rifles.

The police are currently investigating the source of the firearms, and Segun is expected to be charged to court upon completion of the investigation.

The Commissioner of Police, Lanre Ogunlowo commended the swift action of the operatives and reaffirmed the Command’s zero-tolerance stance on armed robbery and illegal firearms possession.

He urged residents to continue providing credible information to the police to maintain peace in Ogun State.

According to him, members of the public can report suspicious activities via the Ogun State Police Command emergency lines: 0800 000 9111 (Toll-Free), 0906 283 7609, 0912 014 1706, 0915 102 7369, and 0708 497 2994.

Lagos Police Foil Extortion Scheme, Warn Against Abuse of Emergency Systems

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LLagos Police Confirm Arrests in Double Murder Case, Declare Key Suspects Wanted

The arrest of a Lagos housewife, Misturah Bada, and her accomplice for allegedly staging her own kidnapping to extort ₦2.5 million has raised concerns over the abuse of kidnapping narratives and the diversion of critical security resources.

Police said the case began with a distress call from Bada’s husband, a Nigerian resident in South Africa, who was led to believe his wife had been abducted and that a ₦10 million ransom was demanded.

The report triggered the deployment of personnel and technical assets before investigations uncovered that the kidnapping was fabricated.

According to the Lagos State Police Command, inconsistencies in the victim’s account exposed the plot, including the use of a WhatsApp account linked to a third-party SIM card to negotiate ransom and the payment of funds into the suspect’s own bank account.

The police also recovered a phone the suspect claimed was taken by kidnappers, which had allegedly been sold, reinforcing concerns about deliberate manipulation of evidence to sustain false crime reports.

The Commissioner of Police, Olohundare Jimoh, warned that false kidnapping reports undermine public safety by diverting attention from genuine threats and eroding trust in emergency response systems.

The case underscores broader issues around digital-enabled extortion, weak identity controls, and the growing strain on law enforcement as kidnapping fears are exploited for personal gain.

Customs Ties Trade Facilitation to Compliance at Kano Engagement

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The Nigeria Customs Service, NCS, has restated that efforts to ease trade will remain firmly tied to strict regulatory compliance, as concerns persist over cargo diversion, procedural breaches, and weak accountability within the trade ecosystem.

This position was underscored by the Comptroller-General of Customs, Adewale Adeniyi, during a stakeholders’ engagement in Kano, where he made it clear that trade facilitation without transparency and integrity would undermine revenue protection and national economic goals.

Adeniyi stressed that while the Service is pursuing reforms to improve the movement of legitimate goods, non-compliance by traders, agents, and even Customs personnel remains a major obstacle.

According to him, trade facilitation cannot succeed in an environment where rules are selectively obeyed or compromised.

He warned that misconduct by officers directly erodes public trust and weakens enforcement outcomes.

The engagement also exposed the tension between calls for faster clearance processes and the persistent challenge of enforcing Customs laws.

Adeniyi said the Service is open to innovative ideas from stakeholders to improve efficiency but insisted that such proposals must operate strictly within existing legal and procedural frameworks.

A major focus of discussion was the deployment of technology to curb longstanding abuses in cargo handling and transit operations.

Adeniyi disclosed that the introduction of the indigenous B’Odogwu clearance platform has improved transparency by reducing human interference in Customs processes.

In addition, electronic tracking devices for transit containers have helped detect and intercept diverted consignments, an issue that has historically led to revenue losses and market distortions.

He noted that early results from these technological interventions suggest that systemic leakages are being narrowed, but sustaining the gains would require consistent enforcement and stakeholder cooperation.

The arrests linked to diverted cargo, he said, demonstrate that technology is reshaping accountability within the trade chain.

Within the Kano/Jigawa Area Command, revenue performance and stakeholder relations were highlighted as indicators of what structured engagement and enforcement can achieve.

However, the Comptroller-General maintained that commendable leadership at the command level must be matched with discipline across ranks to ensure reforms are not undermined internally.

Customs Area Controller for Kano/Jigawa, Comptroller Dalhatu Abubakar, acknowledged that stakeholder cooperation has played a critical role in improving compliance levels, but emphasised that trust must translate into shared responsibility for lawful trade practices.

Stakeholders present at the forum welcomed recent reforms but also pointed to the need for sustained dialogue, predictability in procedures, and consistent application of rules to avoid uncertainty and informal practices.

Many agreed that while Customs has shown greater openness, compliance enforcement must remain firm to prevent abuse of facilitation measures.

Market Access, Consumer Sentiment: Analyzing the GTCO Food and Drink Festival: Holiday Edition.

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The 2025 GTCO Food and Drink Festival ‘Holiday Edition’ has opened this weekend in Lagos, marking a strategic expansion of Guaranty Trust Holding Company’s, GTCO, flagship retail promotion.

While the event continues to serve as a pivotal market entry point for Small and Medium Enterprises, SMEs, first-day feedback from participants highlighted a complex intersection of high consumer interest and macro-economic pressures.

Billed as a platform for economic empowerment, the festival’s maiden edition provided over 200 vendors with a high-traffic environment to showcase indigenous food and agro products.

Grace, an attendee who spoke with Blacktalker at the GTCentre, Oniru, noted that the initiative addresses a critical gap in the Nigerian business ecosystem: the lack of affordable marketing infrastructure for local producers.

“Most people have good businesses and quality products but lack the space to market them effectively,” she stated.

“Providing this platform is a significant intervention for small business owners.”

The event also served as an informal export bridge as international visitors, particularly from the UK and North American diaspora, utilized the fair to source products unavailable in foreign markets.

Abosede another participant from London noted that the event facilitated cross-border connections, allowing her to link local Nigerian vendors with distributors in the United Kingdom.

Meanwhile, other guests noted a high level of saturation in certain product categories, suggesting that future editions might benefit from a more curated selection to prevent market cannibalization among vendors.

As the Holiday Edition concludes its first outing, it remains a powerful barometer for the Nigerian food and beverage industry, demonstrating both the resilience of local entrepreneurs and the evolving expectations of the Nigerian consumer.