Dangote Petrochemical Plant to position Nigeria as polypropylene hub in Africa

July 25, 2022 Blessing Anaro, Lagos 0

The Dangote’s $2 billion Petrochemical Plant located in Lagos when fully operational will position Nigeria as one of Africa’s largest petrochemicals hubs and boost non-oil export earnings for the country, according to the Dangote Group President, Aliko Dangote. The 900,000 metric tons per annum capacity Plant, which is being built alongside the 650,000 barrels per day Dangote Petroleum Refinery will Read More

Dangote Cement promo: Previous winners recount gains

July 4, 2022 David Agba Abuja 0

Past winners of the Dangote Cement consumer promo have commended the company’s Management for the positive economic and social impact of the promo on their livelihoods and wellbeing. Some of the winners, who spoke on the impact of the cars and millions of Naira won during the previous seasons, described the promo as a big relief and a crucial palliative Read More

Investors dump BUA Cement shares for Dangote’s

June 24, 2022 Segun Odunewu 0

The stock market didn’t close in favour of businessman, Abdulsamad Rabiu and his company, BUA Cement, on Thursday as investors opted for the shares of his market rival, Dangote Cement, owned by Africa’s richest man, Aliko Dangote. After trading hours, Rabiu lost over N13.48 billion ($32 million), which represents -0.48 per cent of his wealth, resulting in the billionaire’s net Read More

Safe driving: FRSC commissions Dangote truck driving school

June 22, 2022 David Agba 0

Leading Cement manufacturer, Dangote Cement Plc, on Wednesday launched the Dangote Articulated Truck Driving School in a move aimed at inculcating safe driving culture in its drivers so as to stem the tide of road crashes. The opening of the school in partnership with the Federal Road Safety Corps (FRSC), the Company management reasoned, would also make the drivers become Read More

Dangote Sugar Refinery restates commitment to FG’s backward integration policy

June 15, 2022 David Agba 0

Dangote Sugar Refinery Plc has restated its commitment to the achievement of Sugar Backward Integration Projects, describing it as the best thing that happened to the sector. Speaking to shareholders at the 16th Annual General Meeting (AGM) of Dangote Sugar Plc, in Lagos the Chairman of the Company, Aliko Dangote, said despite the harsh operating environment, the board and management Read More

The flip side of Emefiele’s heroism for Nigerian farmers

June 9, 2022 Nasir Dambatta 0

“Two out of every five people on Earth today owe their lives to the higher crop outputs that fertilizer has made possible” – Bill Gates. Bull Gate’s famous quote on fertilizer would remind many a Nigerian farmer of an important component to what they know best – fertilizer. It will be pointless rehashing the tough odds confronting Nigerian farmers due Read More

El-Rufai, Dangote, others condole with Shettima’s family

May 16, 2022 Ahmid Lawal 0

The Nigerian elite have turned Kaduna state into a Mecca in honour of late Bukar Shettima, a retired police chief, who died at the age of 94. Among the notable Nigerians who paid condolence visit to the family of the deceased include: Governor Nasir El-Rufai of Kaduna state, former Vice President Namadi Sambo, Governor Abubakar Sani Bello of Niger state, Read More

‘Dangote Fertiliser to train over 1m farmers in three years’

April 4, 2022 Blessing Anaro 0

Towards enhancing agriculture and creation of jobs, Dangote Fertiliser Limited is to train over one million farmers in the next three years. The training, which is part of the Fertiliser company’s agriculture extension services will involve Spot Demonstrations, Result Demonstrations, Field Demonstrations and Soil Samples Collections. According to Mr. Uchenna Nwankwo of Dangote Fertiliser, the exercise is designed to instruct Read More

Dangote’s new fertilizer plant’ll save Nigeria forex – Buhari

March 23, 2022 Blessing Anaro Lagos 0

President Mohammadu Buhari said the newly commissioned Dangote fertilizer plant will make Nigeria less dependent on other countries for fertilizer and that the initiative will save the country lots of foreign exchange (forex). The president further praised Aliko Dangote, saying he is singularly, the second highest employer of labour in the country after the Federal Government (FG). “This is a Read More

Malnutrition: Dangote honours late brother, commission therapeutic food factory in Kano

March 10, 2022 Benjamin Umuteme 0

President of Dangote Group, Aliko Dangote, on Wednesday, promised to enter into agreement with governments, local governments and local producers of Nutri-K’s Ready-to-Use Therapeutic Food (RUTF) to guarantee adequate supply directly to primary healthcare centres that treat severe an acute malnutrition(SAM) on sustainable bases. He stated this at the inauguration of a factory meant to produce the RUTF Wednesday in Read More

Buhari, el-Rufai, KADCCIMA extol Dangote at Trade Fair

February 28, 2022 David Agba 0

Encouraged by his huge investments and philanthropic activities in the country, President Muhammadu Buhari and his host, the Governor of Kaduna State, have hailed the President of the Dangote Group, Alhaji Aliko Dangote. The duo spoke at the 43rd Kaduna International Trade Fair which was officially declared open by the President at the weekend. The organizer of the Fair- Kaduna Read More

Pictures: Aliko Dangote storms revamped Moshood Abiola stadium pitch, hails FG

February 4, 2022 Editor 0

Billionaire businessman and Africa’s richest man, Aliko Dangote, on Thursday evening, visited the newly renovated Moshood Abiola Stadium pitch, adopted by him under the Minister of Youth and Sports Development, Sunday Dare’s Adopt-a-Pitch initiative. Dangote, whose company, Dangote Industries Group sponsored the rehabilitation of the pitch, expressed satisfaction with the job done, as he was conducted round the pitch with Read More

Revealed! Full list of richest people in Africa *Dangote on top again, two other Nigerians soar

January 25, 2022 Solomon Arowolo 0

Forbes Magazine, Monday, reported that Nigerian billionaire Aliko Dangote has topped the 2022 list of Africa’s richest persons for the 11th year in a row. According to the report, Dangote’s wealth jumped from $12.1 billion last year to an estimated $13.9 billion. Forbes attributed the growth to a 30% increase in the stock price of Dangote Cement, his most valuable Read More

Dangote Oil Refinery to begin production in Q3 of 2022

January 25, 2022 Blessing Anaro 0

Management of Dangote Industries Limited, has revealed that the oil refinery will start processing crude oil in the third quarters of 2022. The chairman of the Dangote Industries, Aliko Dangote, who made this known in a briefing at the refinery plant site in Lagos, said that mechanical work on the refinery has been completed and “hopefully before the end of Read More

Otedola, Dangote rain dollars on Super Eagles

January 21, 2022 Blueprint 0

The Super Eagles Hotel la Rabidou camp in Garoua came alive on Wednesday with the visit of Central Bank Governor Godwin Emefiele as well as business moguls, Femi Otedola and Aliko Dangote. The trio visited the team’s camp at lunchtime along with president of Nigeria Football Federation, Amaju Pelvin Pinnick. Otedola and Dangote rained dollars on the Super Eagles following Read More

Pictures: Dangote hands rehabilitated Moshood Abiola stadium pitch, digital score board to FG

December 4, 2021 Editor 0

The Federal Ministry of Youth and Sports Development on Friday formally received the rehabilitated Moshood Abiola stadium pitch and digital score-boards from the Dangote Industries Group (DIG) after years of neglect. The revival of the pitch was made possible under the “Adopt-a-pitch” initiative of the incumbent Minister, Sunday Dare. The representative of the Chairman of DIG, Aliko Dangote, the Executive Read More

Ganduje condoles with Dangote over brother’s death

November 16, 2021 Bashir Mohammed 0

Governor Abdullahi Umar Ganduje of Kano state has commiserated with the President Dangote Group of Companies, Aliko Dangote, over the death of his brother, Sani Dangote, who was the vice president of Dangote Group of Companies. “We received the information about the passing away of this gentleman, Alhaji Sani Dangote, with shock. Kano state, our dear country Nigeria and the Read More

Dangote emerges Most Valuable brand in Nigeria for the fourth time

October 18, 2021 David Agba 0

For the fourth time in a row, Dangote Group, a fully integrated conglomerate and proudly Nigeria brand has again emerged as the most valuable brand in Nigeria, while the MTN Nigeria trailed as the most popular brand in the new Top of the Mind (TOM) survey conducted among corporate executives in the country. In rating the brands, seven metrics were Read More

Dangote, PIA, NNPC and Other Marketers

September 30, 2021 Zayyad I. Muhammad 0

The Petroleum Industry Act (PIA) 2021 is expected to open the Nigerian oil and gas industry wider to more opportunities and investment, especially for local players, regional, and international stakeholders. Many individuals and organisations will enjoy the new life PIA will offer, while some individuals and organisations will be knocked out of business. One entity that may benefit most from Read More

Dangote in talks with oil traders for refinery loan, denies $500m offshore facility talk with Vitol and Trafigura

September 16, 2021 Blessing Anaro 0

Africa’s richest man Aliko Dangote is in talks with some of the world’s biggest oil traders to help finance his mega refinery project outside of Nigeria’s commercial centre Lagos, sources with knowledge of the matter said. But there are strong indications that the management of Dangote Refinery is keeping close to their chest the alleged talks with Vitol and Trafigura, Read More

Dangote Refinery partners research outfit to develop oil sector

September 14, 2021 Blessing Anaro 0

Dangote Refinery has announced a partnership with the Nigerian Content Development and Monitoring Board (NCDMB) on the promotion of research and development in Nigeria’s oil and gas industry. According to a statement from the firm, Dangote refinery was a platinum sponsor of the second edition of the NCDMB Research and Development Fair and Conference 2021 in a bid to show Read More

FMDQ Exchange admits Dangote Cement Series 1 Bond on its platform

August 12, 2021 Amaka Ifeakandu 0

FMDQ Securities Exchange Limited has approved the listing of the Dangote Cement Plc N3.64 billion Series 1 (Tranche A), N10.45 billion Series 1 (Tranche B) and N35.91 billion Series 1 (Tranche C) Fixed Rate Bonds under its N300.00 billion Multi-Instrument Issuance Programme on its platform. This listing comes shortly after the successful registration of the Dangote Cement PLC N100.00 billion Read More

Dangote’s fortune soars to $17.8bn, only Nigerian on Bloomberg’s Billionaires’ list

August 11, 2021 David Agba 0

Africa’s richest man, Aliko Dangote has significantly moved up in the World Billionaires’ list as his fortune increased to $17.8 billion as against last year’s $14.8 billion to emerge as the only Nigerian in the Bloomberg’s yearly top billionaires lists. Other Africans on the list are three South Africans; Johann Rupert and family, worth $10.1 billion; Nicky Oppenheimer with a Read More