Business

Labour hails Dangote on investment, employment, youth empowerment

Ihesiulo Grace 2 July 2017 0

… Urges others to emulate him Following his fresh investments in automobile and agriculture, the organized labour has commended Alhaji Aliko Dangote, President and the Chief Executive of the Dangote Group for promoting investment and creating thousands of direct and indirect youth employment

Business

Investors stake N2.6b on 215.16 million shares

Ihesiulo Grace 8 March 2017 0

Investment appetite of investors in equities listed on the Nigerian Stock Exchange (NSE), on Tuesday remained sturdy as buy mandates for choice valuable stocks continued to soar. Trading which closed bullish yesterday, recorded more unexecuted buy mandates for choice stocks, Transcorp, Guinness and Dangote Cement all of which are currently trading cum-dividend on the

Business

Dangote, Rice Farmers, Sokoto Government sign Rice Growers Scheme Agreement.

Ihesiulo Grace 16 February 2017 0

A tripartite agreement spare headed by the Dangote Rice Limited (www.Dangote.com) to create jobs for 16,000 outgrower rice farmers in Sokoto was yesterday signed amid excitement and a pledge by all parties to ensure the success of the scheme to make Nigeria self sufficient in rice cultivation. The agreement was signed during the launch of […]

Business

Dangote explores investment opportunities in Zambia

Ihesiulo Grace 30 January 2017 0

Nigeria’s multi-billionaire investor, Aliko Dangote, has expressed the desire of his group to further consolidate on his existing investments in Zambia and other African countries by exploring opportunities in the energy and agriculture sectors. Dangote spoke while visiting President Edgar Lungu of Zambia to express his gratitude for the enabling environment that the

Business

Dangote to reopen tomato factory

Ihesiulo Grace 5 January 2017 0

The Dangote Tomato Paste Processing Factory in Kadawa, Kura Local Government Area of Kano State is to resume production in February 2017. The company, which started production in February 2016, had to suspend operation due to shortfall in supply of the needed raw materials. Alhaji Abdulkadir Kaita, Managing Director of the company, who disclosed this […]

News

Ayade, Ita-Giwa, others laud Dangote on sponsorship of African Food Festival

Ihesiulo Grace 27 December 2016 0

Cross River state governor, Professor Ben Ayade, last weekend joined participants at the maiden African Food festival Calabar to commend Dangote Industries Ltd for sponsoring the event. The governor, represented by his wife, Dr. Linda Ayade, who declared the food festival open, lauded the exemplary attitude of Dangote Group in sponsoring events, especially the now […]

Sports

Arsenal: Dangote Urged Not to Splash Cash

Ihesiulo Grace 12 May 2015 0

A leading African businessman, Aliko Dangote, has been urged not to splash his cash on buying Arsenal. Dangote said earlier this month he still hoped to purchase a controlling stake in the Gunners, despite having interest rebuffed in 2010. “I might buy it, not at a ridiculous price, but a price that the owners won’t […]

News

KADCCIMA Lauds Dangote Group over Trade Fair Sponsorship

Ihesiulo Grace 22 April 2015 0

The Kaduna State Chamber of Commerce Industry, Mines and Agriculture (KADCCIMA) has described Dangote Group’s sponsorship of the upcoming 36th Kaduna International Trade Fair as yet another huge contribution to the Nigerian economy, by a single business entity. The fair is coming as the Dangote conglomerate scaled up its business frontiers which also tallies with […]

Economy

Dangote Cement: Advancing Backward Integration in Sub-Region

Ihesiulo Grace 15 April 2015 0

  The quest for countries in the sub-region to be self-sustaining in areas of competitive and comparative advantages, has in the recent past been given real impetus with the investments of African cement manufacturing giant, Dangote Cement Plc.   Such countries include, Nigeria, Senegal and Cameroun, where the company has not only established state of […]

Business

13 WEF Global Leaders Get Fellowship Support from Dangote

Ihesiulo Grace 13 April 2015 0

Thirteen from among the Seventeen Africans recognised as Young Global Leaders (YGL) in 2015 by the World Economic Forum (WEF) are to benefit from the Dangote Fellowship instituted by the Dangote Foundation. The African youngsters were part of the 187 young leaders from 66 countries honoured for leadership and service to society by the WEF. […]

Economy Headlines

Dangote, Saipem Joint Venture, Raises Competition

Ihesiulo Grace 3 April 2015 0

Africa’s leading indigenous conglomerate, Dangote In­dustries Limited has an­nounced a multi-million dollar Joint Venture agreement with Saipem, Italian engineering and construction giants. The agreement has birthed a new company named Saipem- Dangote E&C. According to a statement from Dangote Group, the company, Saipem-Dangote E&C is a sig­nificant new player in

Business Headlines

Dangote raises stake in refinery, to become world’s largest

Ihesiulo Grace 23 March 2015 0

The Dangote Group has announced plans to raise its initial proposed refinery capacity from 450,000bpd to 650, 000bpd, to make it the refinery with the largest capacity in the world. On completion, Nigeria would be listed as having the largest petroleum refinery in the world, Africa’s richest man and president of the Pan-African conglomerate, the […]

Business

Dangote identifies agriculture, manufacturing as Nigeria’s economic mainstay

Ihesiulo Grace 16 March 2015 0

Agriculture and manufac­turing has been identified as two sectors capable of emancipating Nigeria from the uncertainty of an unstable mono-revenue source economy. The Group Executive Director of Dangote Group, Devakumar Edwin, addressing newsmen in Lagos, stressed that the salva­tion of the Nigerian economy in the future depends on massive agricultural revolution and