Business

Dangote is our partner in economic development-Togolese govt

Ihesiulo Grace 9 December 2022 0

By Joy Obakeye The Togolese Government has described Dangote Group as a great partner in Africa’s industrial and economic development. Prime Minister of Togo, Victoire Tomegah-Dogbe who visited Dangote Cement Pavilion at the ongoing 17th Lomé International Trade Fair said that the cement

Business

Dangote bags engineering awards, pledges to boost sector

Ihesiulo Grace 24 August 2021 0

The Dangote Group has bagged three awards in recognition of its outstanding contributions to the development of the engineering profession in the country. The company said this in a statement by Mr Anthony Chiejina, Group Head, Corporate Communications, Dangote Industries Ltd., in Lagos on Tuesday. The statement said the awards were given by the Nigerian […]

Business Headlines

Dangote Group says refinery project on course for completion December

Ihesiulo Grace 9 June 2021 0

The Dangote Group says its 650,000BPD refinery project under construction in Ibeju Lekki, Lagos will be completed by end of December. Mr Edwin Devakumar, the company’s Group Executive Director, Strategy, Capital Projects and Portfolio Development, said this on Wednesday in Abuja. Devakumar while delivering a corporate keynote address at the Nigeria International Petroleum

Business Headlines

Bala-Usman defends Dangote over non-payment of NPA charges

Ihesiulo Grace 13 May 2021 0

*Says she didn’t breach NPA rules Suspended Managing Director of Nigerian Ports Authority (NPA), Ms Hadiza Bala Usman, has faulted reports that the NPA management under her leadership breached the authority’s rules and exempted the Dangote Group of companies from paying certain statutory charges at the Onne Ports, River State. In a statement on Tuesday, […]

Headlines

Why cement price is N2,450-N2,510 per bag in Nigeria, by Dangote Group

Ihesiulo Grace 13 April 2021 0

By motolani oseni Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria as of 12th April 2021 is N2,450 in Obajana and Gboko, and N2,510 in Ibese inclusive of VAT. The clarification was made given recent insinuations that the company sells cement […]

Featured Headlines News

Dangote clarifies ownership of Obu-Okpella mines

Ihesiulo Grace 17 June 2020 0

…As FG declares BUA’s mining leases non-existent The Management of Dangote Group, on Monday, denied the claim by the BUA Group to the mining sites in Obu, Okpella, Edo State, refuting the ownership claim, as the latter said it relied on the Federal High Court recent judgment in Benin. Dangote advised the regulatory agencies to […]

Business Featured Headlines

FG commends Dangote’s $30bn domestic revenue generation drive, road constructions

Ihesiulo Grace 16 December 2019 0

The Federal Government on Sunday commended the Dangote Group for its proposed plan to expand its domestic revenue generation drive from four billion dollars to 30 billion dollars annually from 2021 to boost the nation’s economy. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, gave the commendation during an inspection of the […]

Brands and Marketing Business

Which brand flies Africa’s lead flag in 2020?

Ihesiulo Grace 4 December 2019 0

In this outgoing year 2019, two African brands, MTN, the South African telecoms giant and Dangote, the Nigerian multinational industrial conglomerate, are locking horns in the number one position of Africa’s Most Admired Brand, going by the report, Brand Africa 100: Africa’s Best Brands ranking, recently released.  In the survey, Brand Africa sought answer to the question

Business

Dangote Group starts of rice factory in Kebbi

Ihesiulo Grace 11 November 2019 0

Birnin Kebbi – Gov. Atiku Bagudu of Kebbi on Sunday commended Dangote Group for setting up a rice mill in the state, saying it would create employment and boost the economy. Bagudu who visited the factory site at Saminaka in Shanga Local Government Area of the state, said the investment would also rack up the […]

News

2019 Alaghodaro: Shell, Dangote, Nosark Group, KPMG, lead others to summit’s third edition

Ihesiulo Grace 29 October 2019 0

As preparations intensify for the third edition of the Alaghodaro Summit, leading firms in Nigeria including Shell Nigeria, the Dangote Group, Nosark Group and KPMG, among others, will lead local and international businesses to this year’s summit. The 2019 Alaghodaro Summit is organised to mark Governor Godwin Obaseki’s third year anniversary and would host the

Brands and Marketing Business

Bode George wrong in faulting Glo, Zenith, Dangote adverts on CNN-Ugoagwu

Ihesiulo Grace 23 October 2019 0

Chief Bode George, former National Deputy Chairman, People’s Democratic Party of Nigeria (PDP), was recently reported in the media to have criticised Nigeria domiciled companies who place adverts on CNN and other international media.  In this interview with the Brand Times anchor, Mike Bamigbola, the chief executive, STB-McCann Lagos, Paul Ugoagwu, who created the famous

Business Economy

Dangote decries low contribution of manufacturing sector to Nigeria’s economy

Ihesiulo Grace 9 October 2019 0

President and Chairman of Dangote Group, Alhaji Aliko Dangote decried the low contributions of the manufacturing sector to Nigeria’s economy, which currently stands at 9 per cent unlike what is obtainable in Asian countries which is about 30 per cent. He made this observation during the plenary session at the ongoing 25th edition of the […]

Business

Job creation: Dangote scales up investments in Agriculture

Ihesiulo Grace 2 September 2019 0

Temitope Adebayo Determined to contribute to a significant reduction in the number of unemployed Nigerians, Dangote Group over the weekend announced that it was scaling up its investment in the agricultural sector. Agriculture, according to the group, is the only most visible way of addressing the high unemployment rate in the country. Dangote further assured […]

Football Sports

Afcon: Aliko Dangote, Femi Otedola promise Super Eagles $50,000, $25,000 per goal in semis, final

Ihesiulo Grace 12 July 2019 0

The day after their exquisite and efficient performance against the Bafana Bafana of South Africa, conquerors of seven-time champions and host nation Egypt, that saw them reach the semi-finals of AFCON 2019, the Super Eagles received pledges of more dollar rain from two of Africa’s richest businessmen. On a visit to the team’s Le Meridien […]

Business

Ramadan: Dangote Foundation feeds thousands of IDPs in Borno

Ihesiulo Grace 22 May 2019

Temitope Adebayo Succour came the way of the Internally Displaced Persons as the Aliko Dangote Foundation recently flagged off its 2019 Ramadan feeding scheme in Borno State. The annual scheme will see the Foundation feeding thousands of Internally Displaced Persons in the Northeast. There are about two million displaced persons in the state, according to […]

Business

Dangote Salt rewards drivers for accident-free, target delivery in 2018

Ihesiulo Grace 17 April 2019

Joy Obakeye The management of NASCON Allied Industries Plc has said it would continue to accord its staff due to recognition just as it rewarded its truck drivers for meeting product delivery target and driving accident-free in 2018. Executive Director, Commercial, Hajiya Fatima Aliko Dangote, who presented various gifts to the drivers, said the drivers […]

Business

NASCON records N4.4bn profits in 2018

Ihesiulo Grace 26 March 2019

Temitope Adebayo The Management of NASCON Allied Industries (formerly National Salt Company), a member of the Dangote Group, has announced revenue of N25.8 billion and a Profit After Tax (PAT) of N4.4 billion, as at the close financial year ended December 31, 2018. To this end, the shareholders will be paid a dividend payout of […]

Business

There are better days ahead for business community in Nigeria- Dangote

Ihesiulo Grace 5 March 2019 0

President of Dangote Group, Alhaji Aliko Dangote, has said that there are better days ahead for the business community in Nigeria, even as the nation sets for gubernatorial elections on March 9, 2019. Dangote said there is a lot happening in Nigeria, and elections did not deter his companies from investing in the country. “I […]

Business Headlines

Economic volatility: Dangote steps up investments in Agriculture

Ihesiulo Grace 3 December 2018 0

…Thumbs up FG’s economic blueprint Against the background of Nigeria’s economic vulnerability, President of Dangote Group, Aliko Dangote, has stated that the current efforts of the Federal Government at diversifying the economy to an agriculture centered one remains the viable solution to creating a healthy economy. Dangote, who was speaking at the weekend in his

Business

Illegal haulage: Dangote woos Nigerians with reward to arrest erring drivers

Ihesiulo Grace 21 November 2018 0

…Promises informant N250, 000 In an effort aimed at ridding the organization of unscrupulous drivers, the management of the Dangote Group has solicited the help of members of the public to assist in apprehending persons engaging in illegal haulage activities with the organization’s trucks. The company subsequently announced a mouth-watering monetary reward for any