Business Hilights

Tracking Nigeria's Headline Business News Online

Joseph Makoju

(Special Report): Why Dangote Cement ambushed Lafarge’s Michel Puchercos

Whereas a report from the Nigerian Stock Exchange (NSE) last week revealed that all is set for ageless cement technocrat, the Group Managing Director/CEO of Dangote Cement Plc, Engr. Joseph Makoju will retire as GMD/CEO effective January 31, 2020, facts…

With 16mmt, Dangote’s Obajana cement plant now among biggest worldwide

…As puzzle of high cement price in Nigeria remains unsolved Rising from its recent Annual General Meeting in Lagos, the management of Dangote Cement Plc, has disclosed that the recent upgrade of the capacity of its Obajana Plant in Kogi…

Dangote Cement begins largest ever Commercial Paper issuance by Nigerian firm

Dangote Cement Plc, Africa’s largest cement producer, has announced the issuance of N50 billion Series 1 and 2 Notes under its N150 billion Commercial Paper Programme, announced on 27th June 2018. The Series 1 and 2 Notes will be listed…

NSE lauds Dangote Cement on Corporate Governance, seeks more partnership

Management of the Nigerian Stock Exchange (NSE) yesterday lauded Dangote Cement for its adherence to best corporate governance practices even as they called for more partnerships between the two organizations. Managing Director/Chief Executive of the Exchange, Mr. Oscar Onyema made…

Setting up of buying centres, lapidaries’ll boost solid mineral sector—Dangote

Leading industrialist and President of Dangote Group, Alhaji Aliko Dangote, has called on the Ministry of Solid Minerals Development to consider the establishment of mineral buying centres and lapidaries to boost investments in the sector. In his presentation at the…

Access Bank partner Dangote, others to drive Fintech disruption in Nigeria

L-R: Knut Ulvmoen, Group Executive Director, Herbert Wigwe, Group Managing Director/CEO, Access Bank Plc; Mosun Belo-Olusoga, Board Chairman, Access Bank Plc; Joseph Makoju, Honorary Adviser to the President/CE, Dangote Group, and Victor Etuokwu, Executive Director, Personal Banking, Access Bank at…

Dangote hits 65% cement market share in Nigeria, ups Africa volume by 7.5%

Leading pan African cement manufacturer, Dangote Cement has grown Nigeria domestic cement market to 65 per cent and deepened other African plants’ volumes by 7.5 percent to 7.0 mta. The company has in the past months boosted continental operations across…

Details emerge on how AG Dangote Construction group’ll deliver Apapa-Wharf road

Following the recent signing of the reconstruction deal of the Apapa-Wharf road weekend in Lagos between the federal government and two others including Dangote Industries Limited and Flour Mills of Nigeria (FMN), the handling company, AG Dangote has given details…

Why Dangote, Flour Mills signed MOU on repair of Apapa Wharf Road

Fresh details have emerged on why leading industrialist, Alhaji Aliko Dangote and the management of the Flour Mills of Nigeria (FMN) joined forces to partner with the federal government in the reconstruction of Apapa Wharf road. The new road development…