dangote group

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...