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News Nigeria

Dangote, Peugeot-Citroen partnership excites MAN

The Manufacturers Association of Nigeria (MAN) has applauded the partnership between Dangote, Peugeot-Citroen and five State Governments in automobile manufacturing. The Director-General of MAN, Mr Segun Ajayi-Kadri, said in an interview with journalists on Monday in Lagos that the partnership would revive the automobile industry in Nigeria. “If we are able to have more of
Business Top Stories

Dangote Foods rewards 77 distributors, pledges to make Nigeria self-sufficient in food production

Dangote Foods, comprising Dangote Flour Mills, Dangote Sugar Refinery and NASCON Allied Industries has rewarded a total of 77 customers who distinguished themselves in 2017. At the award night held at the Expo Centre of Eko Hotel Victoria Island Lagos on Wednesday night, 11 winners emerged from each of the geopolitical regions while the balance […]
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TCN’s Fibre Optic Saga: Alheri, Phase 3 owe FG N27.18bn in 11 years

…Fashola writes Buhari, seeks EFCC, others probe of Phase 3, Alheri (Dangote subsidiary) …Raises conflicts of interest by Makoju, Diko with Dangote, Jegede, Ex- Minister Cornelius Adebayo’s son-in- law The Federal Government’s ongoing war against corruption and sleaze may be a Herculean task to accomplish, following a startling revelation that two indigenous
Business News Top Stories

$18 bn Dangote refinery: Reps support project, promises to deepen local content law

* Tasks oil companies on effective local content implementation The Chairman, House of Representatives Committee on Local Content, Mr Emmanuel Ekon on Wednesday, commended Dangote Group for its huge investment refinery and petrochemical, which is geared towards improving the socio-economic development of the nation. Ekon gave the commendation during the House Committee on
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2019: I’m not interested in politics, Dangote tells PDP

…Says his passion is to create jobs for Nigerians …’No think thank committee has contacted me’ …Warns politicians to stop dropping his name Africa richest man and billionaire businessman, Alhaji Aliko Dangote, has declared that he has no interest in politics, advising that politicians and political parties should leave him alone and stop dropping his […]
Energy News

Dangote, Kano partner on 100MW solar power

Africa’s conglomerate and indigenous investor, Dangote Group, has signed a Memoranda of Understanding (MoU) with the Kano State Government for the proposed 100MW Dangote-Black Rhino Solar Power Plant. The formal agreement for the project, which is to be sited at Zakirai, in Gabasawa Local Government area of the state, took place yesterday, 10th August, 2017, […]
Business

Investors stake N2.6b on 215.16 million shares

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