Dangote Cement PLC, Africa’s largest cement producer, has appointed Dorothy Udeme Ufot, SAN, as an independent non-executive director. Mrs. Ufot, one of Nigeria’s most experienced legal practitioners with more than 26 years’ experience in commercial litigation at trial and appellate levels, having been admitted to the Nigerian Bar in 1989 and then admitted to the Inner Bar as a Senior ...
June, 2016
June, 2015
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15 June
Dangote’s Truck Empowerment Scheme To Create 28,000 Jobs
A truck ownership scheme that has just been introduced by the Dangote Group is expected to create additional 28,000 new jobs by empowering qualified Nigerians to be become self-employed truck entrepreneurs. The Dangote Group, through its cement subsidiary, will provide 7,000 trucks for eligible Nigerians to become truck officers, who will in turn hire drivers and minimum of two assistants ...
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5 June
Dangote Expands Cement Empire To Ethiopia Opens Plants In 6 Countries, 10 To Go
Distinct and highly strategic investor businesman Aliko Dangote has again shown his ability to dominate African market with superior product and services. The President, Dangote Group, Alhaji Aliko Dangote, has said that plans are afoot to double the capacity of the newly opened 2.5 million-metric-tonne per annum cement plant in Ethiopia. Dangote, who stated this at the inauguration of the ...
May, 2015
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6 May
Nigerians Criticize Dangote Over Plot To Buy Arsenal Football Club
Dangote should put his money into building refinery or floating a new club to make Nigeria and Africa proud. These are critical views of Nigerians as Dangote, Africa’s richest man, Aliko Dangote, has said he is still working towards buying Arsenal Football Club, despite the fact that his bid to acquire a stake in the club was rebuffed by the owners ...
March, 2015
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3 March
Dangote Still The Richest Personage In The Whole Of Africa!
Alhaji Aliko Dangote has remained Africa’s richest man despite his losses to the devaluation of the Naira and drops in the demand for cement his largest asset. According to Forbes margazine, Dangote was this “year’s biggest loser in dollar terms as his fortune dropped to $14.7 billion from $25 billion last year, propelled downward by a weaker Naira and shrinking demand for ...
February, 2015
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27 February
Dangote Teaches Patriotism – Loses Nmillions, Yet Invests In World Largest Refinery
Aliko Dangote, Africa’s richest man and the president of Dangote group, has urged Nigerians not to be deterred by the economic challenges of the moment, but to help the country in building its economy. Dangote, who described Nigeria as an enviable country in terms of resources, said the present economic challenge is just a phase in Nigeria’s journey to greatness. “I ...
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3 February
Dangote Sets To End Tomato Paste Importation
With the coming on board of Dangote tomato processing factory in Kano State described as the largest in Africa, Nigeria’s dependence on tomato paste and puree importation may soon come to an end. This was indicated on Thursday while a team from the Staple Crop Processing Zone Devel opment (SCPZ) of the Federal Ministry of Agriculture and Rural Development (FMARD) ...
December, 2014
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23 December
Dangote Cement Captures W/African Coast, Arrives Cameroon Jan 2015
The first set of the Dangote Cement bags, the 3x Premium, will hit the Cameroun market in January 2015, the management of the company has said. Conducting the Cameroonian media round the 1.5 million metric tonnes per annum capacity plant in Douala, the General Manager of the Plant, Engineer Baba Abdullahi, said the plant was already being test run and ...
November, 2014
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6 November
Dangote’s Price Slash Revebrates Globally, Becomes Game Changer!
Dawnward review of cement price to N1000 per bag by Billionaie Aliko Dangote has become the talk-of-town locally and globally. It has changed prices of competitive, complimentary, substitute and auxiliary products. One of the competitors the Chairman of BUA Group, Alhaji Abdulsamad Rabiu, has even thrown his weight and support behind the Dangote Cement reduction in the cost of bag ...
September, 2014
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9 September
By 2017 Dangote Will Expand To 13 Africa Countries
Dangote Cement Plc has disclosed that it is planning massive expansion into sub-Saharan Africa markets. The disclosure was made by the Group Managing Director/Chief Executive Officer, Devakumar Edwin, while presenting the company’s “Facts Behind the Figures” before the capital market community last week in Lagos. Edwin hinted that more than $5 billion has been committed for expansion between 2012 and ...