Again, headline inflation rose by 25bps to 20.77% y/y in September
Domestic consumer prices surprised positively as the pace of increase in headline inflation in September is the slowest since March (+21bps), likely reflective of the initial impact of the primary harvest season. According to the National Bureau of Statistics (NBS),…
Kogi Communities Jubilate as Dangote Cement Obajana Plant reopens
There were huge scenes of jubilation among affected host communities following the Federal Government’s order for the immediate reopening of the Dangote Cement Plc plant at Obajana in Kogi State. Members of the host communities from Iwaa, Oyo, Obajana, and…
Kogi, Dangote Reach Agreement to reopen Obajana Cement Plant
Kogi State Government and management of Dangote Cement have reached an agreement for the re-opening of Obajana Cement Plant in the state. The National Security Council has also ordered the re-opening of the cement company. The directive is to give…
Dangote not involved in Kogi Assembly Fire Outbreak—Mgt.
The attention of the management of Dangote Industries has been drawn to a circulating Press Statement issued by the Kogi State Government, wherein the Dangote Group was accused of allegedly sponsoring arsonists to set the Kogi State House of Assembly…
Kogi Govt vigilantes inflict enormous damage on Dangote Cement in Obajana
Destruction of the company’s assets wounded staff from gunshots, and violation of the fundamental human rights of staff and commuters are some of the fallouts from the invasion of the Dangote Cement Plc by Governor Yahyah Bello’s extra-judicial forces popularly…
Shareholders Unions knock Kogi Govt, say action on Dangote Cement, dangerous for investment
Group of Shareholders Associations in Nigeria have urged the Federal Government to urgently intervene and prevail on the government of Kogi State to stop further harassment of investors in Kogi State. They described as barbaric the use of thugs to…
Closure of Dangote Cement Factory by Kogi Govt, Shocking, Hasty – NACCIMA, LCCI, ACCI
…Urge truce by BPE, NIPC Organised Private Sector (OPS) operators under the aegis of the National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA) have berated the Kogi State government over the closure of Dangote Cement, Obajana Plant,…
NGX Group Appoints Kwairanga as New Chairman
The Nigerian Exchange Group Plc (“NGX Group” or “The Group”), a leading integrated market infrastructure group in Africa, has announced that its Board has appointed Alhaji (Dr) Umaru Kwairanga as the new Chairman at its meeting held on Wednesday, 5…
MAN condemns invasion of Dangote Cement Plant by Kogi State Govt
…says move will discourage new investments, potential investors The Manufacturers Association of Nigeria (MAN) has strongly condemned the invasion of Dangote Cement Plant on Wednesday by the state’s security outfit, the Vigilantes, on the order of the State Governor Yahaya…
Dangote workers shot as Kogi Govt Vigilantes invade Cement Plant
No fewer than seven staff of Dangote Cement, Obajana in Kogi state were shot and several others injured as over 500 armed members of the state’s security outfit, the Vigilantes, stormed the cement factory in the early hours of today…
