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IN a strategic move to grow market share and expand customer reach more customers in the Southern part of the nation, companies under the Dangote Group are participating in the Enugu International Trade Fair which kicked off last week at the Trade Fair Complex, Golf Estate Enugu. Companies under the Group who are introducing either new and repackaged products to ...
March, 2016
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22 March
Dangote Fellowship Lauds Selection of 3 Nigerians as World Economic Forum Young Global Leaders
The Dangote Fellowship sponsored World Economic Forum (WEF)’s Young Global Leaders has released the names of the 121 laureates of the Class of 2016 of the Forum for Young Global Leaders (YGL) comprising government leaders, scientists, emerging entrepreneurs, government leaders, social activists and artists. Three Nigerians are among the fresh list of Leaders, aged under 40, who are pushing boundaries ...
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15 March
Economic Growth: Buhari Lists Dangote, GE, Samsung Others As Most Strategic Investors In Africa
President Muhammadu Buhari has described Dangote Group, General Electric, among others as strategic investors sustaining African economy and urged them not to relent. He called on other investors in Africa to consider the strategic nature of investments made by the conglomerates and emulate them in order to enhance the value of the continent’s economy. The President made this remarks during ...
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14 March
Okpella Youths,Monarch, Earnestly Desire Dangote Cement Take-Off
Following rumours that Alhaji Aliko Dangote has jettisoned his planned multi-million dollars investment in cement plants at Okpella in Edo State, youths in the community at the weekend staged a protest to the palace of the paramount ruler of Okpella Kingdom, Alhaji Yesufu Dirisu urging him to ensure Dangote Cement commences construction without delay. Hundreds of placard carrying youths on ...
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8 March
DANGOTE Eyes Morocco Phosphate Deal,Rice Production
Dangote Group, the company owned by Africa’s richest man Aliko Dangote, said on Monday it planned to buy phosphate from Morocco and potash from Congo-Brazzaville to feed a planned fertilizer plant. Dangote has raised a $3.3 billion loan to develop a $9 billion oil refinery and petrochemical complex in Nigeria, Africa’s biggest economy and top oil producer. The group has ...
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8 March
Dangote Advices Buhari On Oil Price;..Block Leakages, Diversify
Dangote said the fall in crude oil price was not a curse and that the nation must use the opportunity to explore the potential in other sectors of the economy. He said, “This is the right moment to pursue the diversification of the economy, which we have been talking about. I know that once oil gets back to $80 per ...
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7 March
Dangote Sugar Soars,Gets Essential Certification; FSSC 22000
Nigeria’s foremost sugar refinery, Dangote Sugar Refinery has successfully obtained the Food Safety Systems (FSSC 22000) Certification). The certification which is a standard fully recognized by the Global Food Safety Initiative (GFSI) comes on the heels of other standards already obtained by the refinery which include ISO 9001:2008, ISO 22000:2005 and ISO OHSAS 18001:2007. The recommendation for DSR’s FSSC 22000 ...
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3 March
450 Billionaires Lives In Lagos, 50 In Abuja, 770 In Nigeria
Nigeria has about 770 naira-billionaires whose wealth is valued above $10 million (N1.98 billion) each. The economy of the nation, though, has taken a toll on the number of billionaires, with about 50 billionaires dropping off the list in 2015. Nigeria’s billionaires are expected to rise to 1,080 by 2025. The report says over 15,400 dollar-millionaires were from Africa’s largest ...
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2 March
Dangote Cement Soars; Declares N181.3 billion Profit In 2015
Dangote Cement Plc has declared a Profit After Tax of N181.3 billion for the financial year ended Dec. 31, 2015. This is contained in the company’s audited result released by the Nigerian Stock Exchange (NSE) on Tuesday in Lagos. The News Agency of Nigeria (NAN) reports that this was against the N151.5 billion posted in 2014. The profit represented a ...
February, 2016
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9 February
Dangote Begins Construction of New 9 million tons capacity Cement Plants
In a deft move to consolidate on its leadership in the cement sector, Dangote Cement Plc has announced the commencement of the construction of new cement plants in two communities in the country. The new plants are expected to add 9 million metric tonnes per annum to the company’s current local cement output of 29.25 million metric tonnes, bringing it ...
