Fitch Ratings has reported that Dangote Group plans to sell a 12.75% stake in its refinery due to liquidity issues. The divestment aims to service a large loan due in August 2024. Fitch downgraded Dangote Industries Limited's ratings amid financial strain, though GCR Ratings maintains a higher...
GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the national scale long-term issue rating of AA+(NG) accorded to each of Dangote...
Two Nigerian billionaires, Aliko Dangote and Abdul Samad Rabiu, have reignited their long-standing feud over control of key industries. Dangote, Africa's richest person, owns Dangote Industries Limited, while Rabiu is the founder of BUA Group. Their rivalry spans decades and revolves around...
Dangote Cement’s commitment to environmental disclosures and sustainability is yielding the desired results with Carbon Disclosure Project (CDP) raising its rating from C to B- even as it proposes a dividend of N20 per share for the year ended December 31,2021.
The CDP is an international...
Dangote Industries Limited, yesterday, honoured 160 staff for their long service, loyalty, commitment and vital contributions to the growth of the Pan-African conglomerate. At a gala dinner held in Lekki, Lagos, elated staffs, ranging from the....
Read more via Newtelegraph –...
Halima Aliko Dangote has been appointed as the group executive director, Commercial Operations of Dangote Industries Limited, DIL, one of Africa’s largest and most diversified business conglomerates....
Read more via The Trent Newspaper – https://ift.tt/34ZZjwL
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Dangote Industries Limited and German Equipment Manufacturers Association have commenced the train-the-trainer (didactic & rhetoric) course under the Dangote VDMA Initiative on Technical Education and Vocational Training.
The training, which is being held at Dangote Academy Complex in Obajana...
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The President, Dangote Industries Limited, Aliko Dangote, has arranged more than $4.5bn in debt financing for his crude oil refinery project and aims to start production in early 2020.
Dangote, Africa’s richest man, is building a refinery with a capacity of 650,000 barrels …
Read more via...
Mr Istifanus Bello Gurama, a senior strategist with Dangote Industries Limited who was reportedly kidnapped three weeks ago, has been murdered.
Reliable sources told PUNCH that Gurama’s body was found in the gutter, adding that one of the kidnappers must have alerted a member of the public to...
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