Tag: Dangote Group
Dangote Group, Globacom, GTB among drivers of economic activities in Africa
Boston Consulting Group (BCG) has listed Dangote Group, Globacom and Guaranty Trust Bank among six Nigerian companies driving amalgamation of…
Obajana-Kabba road ready in December – Dangote Group
The 44-kilometre Obajana–Kabba concrete road project in Kogi will be ready in December, the Managing Director of AG-Dangote Construction Company,…
Nigeria now net exporter of cement in Africa – Dangote Group
The President of Dangote Group, Dr Aliko Dangote, says his company has made Nigeria a net exporter of cement in…
Tax Evasion: Osun govt. seals dangote quarry
The Osun State Government on Thursday sealed off a quarry reportedly belonging to Dangote Group over alleged tax evasion.
Dangote Group sign $150m MoU on power project
Kano State Government, Dangote Group of Companies and Black Rhino Group on Thursday in Kano signed a $150 million Memorandum…
Dangote Group begins sugar plantation project in Taraba
Gov. Darius Ishaku of Taraba on Tuesday said Dangote Group had commenced sugar plantation and factory project in Lau Local…
Dangote Flour Mills returns to profitability, posts N12bn profit
Dangote Flour Mills has posted a profit before tax of N11.82 billion for its financial year ended December 31, 2016.
Dangote Group to invest N217b in Nasarawa sugar plantation
The Dangote Group of Companies plans to invest N217 billion in the establishment of a sugar plantation in Nasarawa State.
Dangote to inaugurate 25,000 hectares rice outgrower scheme
Dangote Rice, a subsidiary of Dangote Group is set to launch a 25,000 hectares of rice outgrower scheme with a…
Dangote floats $100m truck assembly plant in Lagos
Dangote Group of Companies has established a $100million truck assembly plant in Lagos as part of its efforts toward boosting…
Dangote sacks 109 workers
The Dangote Group has dismissed 109 workers at Obajana Cement Company in Kogi State, after being found guilty of various…
Dangote’s $17b refinery gets AFREXIMBANK funding support
The African Export-Import Bank (AFREXIMBANK) on Thursday said that it would assist the Dangote Group to access foreign exchange and…
$14bn: CBN assures Dangote Group of FOREX support
The Central Bank of Nigeria (CBN) has said that it would assist the Dangote Group to access foreign exchange to…
4 land in prison over alleged attempt to defraud Dangote Group
Paul Iyoghojie The police at Ikoyi division, Ikoyi, Lagos, western Nigeria, have arraigned four suspected fraudsters before a Lagos magistrates’…
Dangote sues Zambian minister over bribe claim
Dangote Industries Zambia is suing the country’s labour minister, Fackson Shamenda, for defamation after he claimed that a senior company…
Dubai Fund to invest in Dangote Group
Investment Corporation of Dubai (ICD), with assets worth over $70billion, is exploring further investment opportunities with African conglomerate Dangote Group,…
Dangote to partner North East in agriculture
The President of the Dangote Group of Companies, Alhaji Aliko Dangote, has pledged to partner with state governments in the…
Dangote Group to invest $2.3bn in Northern Nigeria
The Dangote Group on Saturday pledged to invest 2.3 billion dollars in sugar-cane and rice production in the Northern part…
Dangote moves to crash cement prices
The President of Dangote Group, Alhaji Aliko Dangote said that nine million tonnes of cement have been released into the…
Otudeko Fights Dangote Over Land
A Federal High Court sitting in Lagos, western Nigeria has adjourned till 6 February for hearing in the suit instituted…
Dangote’s Outstretched Hand
Aliko Dangote’s investment in Ekiti State’s solid minerals, agriculture and education cements his place as Africa’s biggest investor Aliko Dangote,…
Dangote group to cultivate 300k hectares of sugar cane
The Dangote Group said on Monday that it has concluded plans to invest in 300,000 hectares of sugar plantation across…
Olokola FTZ project still on course, say Amosun
Governor Ibikunle Amosun of Nigeria’s western state of Ogun on Tuesday said his government has not abandoned the multi-billion naira…
Dangote Group seeks $3.5 bln syndicated loan
Dangote Group, Nigeria’s biggest listed company, has begun talks to raise a debut syndicated loan for $3.5 billion to fund…
Cement Palaver: Dangote, Ibeto At War
A silent war is currently brewing between cement manufacturing giant, Dangote Group and Ibeto Cement Company, the sole importer of…
The Cement Conundrum
Arbitrary import of cement threatens local production and employment. Already, the Dangote Cement plc management has suspended operations at its…
Dangote shuts Nigerian cement plant over glut
Dangote Cement Plc has suspended production of cement at its four million metric tons per annum Gboko Plant, as a…
Dangote plans $2b fertilizer plant in Edo state
The Dangote Group and Nigeria’s Edo State government have concluded plans to set up one of Africa’s largest fertilizer plants…
UNEMPLOYMENT: Obasanjo Predicts Revolution
With the prevailing high rate of youth unemployment currently put at over 70 per cent, former president, Chief Olusegun Obasanjo…
Lagos Trade Fair: Dangote Group Crashes Price Of Products
As part of strategies to expand market share and reach more customers, companies under the Dangote Group at the ongoing…