Tag Archives: Dangote

Alhaji Aliko Dangote, the President, Dangote Industries Ltd has criticized the Central Bank Nigeria, CBN’s 30 per cent interest rates, warning that such industry policy is capable of stifling business growth and job creation in the country. This is as the business magnate also proffers solutions to sustaining existing local …

Aliko Dangote, founder of the Dangote Group and Africa’s richest man, has unveiled plans to establish an ambitious steel production company. He revealed this development while speaking at the Afreximbank Annual Meetings (AAN) and AfriCaribbean Trade & Investment Forum in Nassau on Wednesday. What Dangote said: “We want to make …

…2nd in Sustainability brand in Africa among top 100 brands   For the sixth consecutive year, the Dangote brand has been adjudged as the Most Admired African Brand among the top 100 brands in the continent. Dangote, as the most Admired African when respondents are prompted to recall an African …

The Dangote Coal Mines Limited has disbursed scholarship to members of host communities in Benue and Kogi States. This is coming barely one year into coal mining operation at Effeche Akpalli in Ugbokolo Ward of Okpokwu Local Government of Benue. In Ankpa, Kogi, scholarship fund was also distributed to members …

As a demonstration of its commitment to human capital and infrastructural development of its host communities, leading Cement manufacturer, Dangote Cement Plc has signed a new refined five-year Community Development Agreement (CDA) with its Ibese plant host communities. In what was described as a novel idea, the decision to sign …

The Central Bank of Nigeria (CBN) has appealed to cement manufacturers to consider reducing the high cost of cement. The CBN Governor, Godwin Emefiele, made the call at the official commissioning of the BUA cement line 4 plant and the ground breaking of the line 5 in Sokoto. Emefiele said: …

The Central Bank of Nigeria has designated Dangote Sugar Refinery, Bua Sugar Refinery and Golden Sugar Company owned by Flour Mills of Nigeria Plc as the sole importers of sugar. In a circular published on its website, the CBN said the three companies would have access to official foreign exchange, …

The Central Bank of Nigeria, CBN; Dangote Group of Companies and Kano State government are partnering to localise the production of tomatoes in Nigeria and discourage importation of the product. This was disclosed in Kano when the combined team of Minister of Agriculture, Mr Audu Ogbeh and the Governor of …