Business Hilights

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Aliko Dangote

Revealed: EU refineries restless over emerging delivery of Dangote refinery

…SPEs summit begins today in Lagos As the Eko Hotels and Suites in Lagos is set to host the 2018 annual summit of the Society of Petroleum Engineers (SPEs) from today, Monday, August 6, 2018, the true colours of owners…

Q2: Dangote Cement injects $3bn on plants, grinding terminals across Africa

…. employs 27,952 Nigerians in 2017 Group Chief Executive Officer of Dangote Cement, Engr. Joe Makoju has disclosed that the company invested a whopping $3bn to build manufacturing plants and import/grinding terminals across Africa. The company’s operations, according to Makoju…

Tomato: Dangote inks N500m Investment deal with Katsina to revive Songhai scheme

Ongoing backward integration in Tomato paste production recently got fresh boost as the Group President/CE, Dangote Group, Aliko Dangote, on Thursday, July 5, 2018, signed an agreement with Katsina State Governor for reviving and upgrading the moribund Songhai project in…

Dangote mega cement depot lands at Industrial Layout, Onitsha Road, Owerri

Leading cement conglomerate, Dangote Cement Plc., has deepened product visibility drive in South East with the inauguration of its mega cement warehouse located at the Industrial Layout, Onitsha Road, Owerri, capital of Imo State. The warehouse which opened for business…

Dangote Sugar hits N204.42b turnover, N121b on asset acquisition, pays N21b dividend

Leading indigenous sugar firm, the Dangote Sugar Refinery Plc has jumped dividend pay out to shareholders for the 2017 financial year by 192 per cent to N21 billion, translating to 175 kobo per share from N7.2 billion or 60 kobo…

Dangote pays 90% of net profits as dividend on N10.50 per share payout

Rising from its 9th Annual General Meeting (AGM), held in Lagos on Wednesday, shareholders of Dangote Cement have the dividend payout of N10.50 per 50k share, representing 90 per cent of net profit and an increase of 23.5 per cent…

Dangote builds 200 housing units for IDPs in North-East, new hostel for ABU

Barely one week after it gave out a total of 150 cars laced with security tracking devices to the Nigeria Police in Abuja, Aliko Dangote Foundation (ADF), weekend the foundation revealed that it has concluded preparation to commission a multi-billion…

Why Dangote donated 150 purpose-built operational vehicles to the Nigeria Police

More details have emerged from the recent donation of 150 operational cars to the Nigeria Police by leading African Non-Governmental Organisation, the Aliko Dangote Foundation (ADF), funded by the 66th most influential person on earth, Alhaji Aliko Dangote. Speaking during…

Dangote speaking
ICT

NIMC takes Dangote’s NIN slip to his office in Lagos, gets his endorsement

As part of renewed drive to deepen awareness and national campaign for Nigerians and mainly high net worth individuals to get enrolled, the management of National Identity Management Commission (NIMC) has visited President of Dangote group, Aliko Dangote in his…

Dangote visits Siemens Africa booth at Hannover Technology fair, Germany

On Monday, April 23, 2018, Dangote Industries Limited Executive Delegation led by group President/Chief Executive, Aliko Dangote visited Siemens Africa Booth at the ongoing Hannover Technology Fair in Germany, a leading global trade fair for Industrial Technology, providing insights into…