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Business Dangote Group begins installation of rice factory in Kebbi – Vanguard News
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 … Read more via Vanguard News – https://ift.tt/2Kae47Z Get more: Nigeria Business News- Nigeria Business News
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N20 Billion Daily Loss: Dangote Assures On Timely Completion Of Apapa Road
President of Dangote Group, Aliko Dangote has assured that the Apapa Port Wharf concrete road currently under construction by his company, AG Dangote would be delivered on schedule to save the people and businesses the hassles of the traffic gridlock being experienced now. He gave the assurance...- mrsam
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Business Dangote group, Black Rhino secure funding for 540MW QIPP – BusinessDay
Black Rhino and Dangote group, the major partners in the proposed 540MW gas-fired Qua Iboe Power Plant (QIPP) located in Ibeno local government of Akwa Ibom State have secured funding the project which is estimated to cost $1.1billion Read more via BusinessDay – http://ift.tt/2E0aY1p Get...- curator
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Business Dangote pays N5b premium to insurers in 2016 – The Nation Nigeria
Dangote Industries Limited paid over N5 billion as insurance premium in 2016 to insurance companies that insured its insurance portfolio, Chairman, Dangote Group, Alhaji Aliko Dangote has said. Dangote who was represented by the Group Chief Risk & Insurance Officer Dangote Industries, Dr...- curator
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Metro Aliko Dangote Is The Pride Of The Black Race - Gov Ganduje
President/CE, Dangote Geoup, Aliko Dangote has been described as the 'Pride of the Black Race'. Governor of Kano state, Dr. Umar Ganduje, who was speaking at Dangote Special Day, Monday said Nigeria is lucky to be blessed with someone like Aliko Dangote who has made Nigeria and indeed, Africa...- mrsam
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Business Why Dangote Group's 10-year Tax Incentive is a Good Idea - Dolapo Oni
In a series of tweets, Dolapo Oni, Head Energy Research Ecobank Group, explains why the government was right to give the Dangote Group a 10 year tax incentive Just in case anyone is complaining about this, let me explain why this is a good idea I've heard things like Dangote is not paying...- siteadmin
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Business I Don't Have A Single House Outside Nigeria - Aliko Dangote
In a recent interview with international business magazine, Bloomberg, the CEO of Dangote Group talked about his quest for a simple lifestyle. When quizzed if he preferred making money or spending it, he chose the later. “I’m not a person who just likes to throw away money. I spend more money...- mrsam
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Business Dangote Dissociates Self From Ponzi Scheme
The Dangote Group has raised alarm over a Ponzi scheme in circulation alleging partnership between the “Dangote brand, Nestle, PZ Cussons and other reputable food processing companies” in launching a multi-level marketing initiative that intends to “fight hunger, poverty and stop recession” by...- ProfRem
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Business Dangote, SINOTRUK to Launch Vehicle Assembly Plant in Lagos
The Dangote Group has disclosed that it signed a deal with Chinese Company, National Heavy Duty Truck Group Company Limited, SINOTRUCK, in 2014 to build a multi-million vehicle assembly plant in Lagos state, Nigeria. Dangote will collude with SINOTRUCK to produce several thousands of trucks...- LequteMan
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Business Dangote Sacks 109 Workers
The Dangote Group has dismissed 109 workers at Obajana Cement Company in Kogi State, after being found guilty of various offences, Mr Abdulahi Magaji has said. Magaji, the Coordinator of the company’s Patrol Team, announced this to newsmen on Tuesday at the Obajana premises of the company...- ProfRem
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Business Dangote to Create 250,000 Jobs For Nigerians
The Dangote Group said on Tuesday that its investments on new projects on agriculture, sugar, oil refinery and fertilisers would create additional 250,000 employment opportunities for Nigerians when completed. The projects, sited in some states, including Jigawa, Taraba, Kano and Kogi...- ProfRem
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Business Affected by Nigeria's Recession, Dangote Sacks 48 Workers
Dangote Group has been forced by Nigeria's tough economic condition to sack 48 of its workers in Nigeria. The Dangote Cement Plc recently let go 36 expatriates working for it and the Dangote Industries Limited have also fired 12 of its Nigerian workers. The firm, in a statement released, said...- LequteMan
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Business Dangote to Begin Coal Mining in Kogi
The Dangote Cement Plc, a subsidiary of the Dangote Group, has disclosed its plan to start mining coal at Ankpa, Kogi State, in November. The company said that due to acute gas shortage in the country, following disruptions of supply by militants in the Niger Delta region, it had switched its...- ProfRem
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Dangote Group: 15 Things Every Nigerian Should Know
The Dangote Group was founded by Aliko Dangote, a Nigerian billionaire ranked by 2016 Edition of Forbes magazine as the 51st richest person in the world and the richest in Africa. 2. Dangote Group is a Nigerian multinational industrial conglomerate established as a small trading firm in 1977...- PressRoom
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Business Dangote Acquires Substantial Shares in Afreximbank
The Dangote Group has acquired shares in the African Financial institution export-import bank, Afreximbank. According to a statement issued by the bank, Dangote has completed the process of acquiring equity stake in the bank with a “substantial investment”. Afreximbank is a pan-African...- LequteMan
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Business Dangote Acquires Major Shares in African Export-Import Bank
The Dangote Group, Africa’s leading indigenous conglomerate, has become the latest corporate organisation to join the African Export-Import Bank as a shareholder. According to information released by Afreximbank, Dangote Group completed the process of acquiring equity in the bank on May 30 this...- ProfRem
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Business READ: How Dangote is Battling Nigeria's "Tight" Foreign Exchange Situation
Nigeria’s largest company, Dangote Group, is struggling with a constricted supply of foreign-exchange and is relying on its international cement operations and export-credit agencies to get around the shortage, Bloomberg reports. “The forex situation is extremely tight in Nigeria,” Group...- LequteMan
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Business Nigeria's Dangote Group Partners Black Rhino to Develop $5bn Energy Project
Nigeria's Dangote Group has signed a joint venture with the Black Rhino Group to develop a $5 billion (about N1 trillion) energy infrastructure in Africa, Daily Trust reports. Black Rhino is a subsidiary of the Black Stone Group, the world’s current largest Private Equity and Asset Management...- LequteMan
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