dangote
Dangote, Otedola Lead Nigerian Representation on Forbes 2024 Billionaires List Amid Global Growth
In its latest release, Forbes unveiled the 2024 billionaires list, showcasing a surge in wealth despite prevailing challenges such as inflation and political unrest.
The data highlighted a record-breaking 2,781 billionaires worldwide, marking an increase of 141 individuals compared to … Continue Reading
Dangote Oil Refinery Commences Product Lifting, Marks Milestone for Nigeria’s Energy Sector
Petroleum product marketers have initiated the lifting of products from the Dangote oil refinery. The refinery, hailed as Africa’s largest, is situated in Lagos and represents a monumental investment by Africa’s wealthiest individual, Aliko Dangote. After enduring several years … Continue Reading
Cement: Tinubu Orders Dangote, BUA, Lafarge To Revert To Old Price
President Bola Ahmed Tinubu has directed cement manufacturing companies to revert to the old prices it sold before it was hiked following the depreciation of naira against the US dollar.
Minister of Works, David Umahi, informed newsmen of the president’s … Continue Reading
President Tinubu Meets with elumelu, dangote and others to Address Cost of Living Crisis
President Bola Tinubu convened a crucial meeting with prominent private sector figures on Sunday at the Presidential Villa in Abuja.
The gathering aimed to address the pressing issue of the cost of living crisis gripping the nation. Among the attendees … Continue Reading
Dangote Cement Soars: Breaks Records as First Nigerian Company to Hit N10 Trillion Market Cap Milestone
Dangote Cement Plc achieved a historic milestone by gaining 9.99% in shares, closing at N592.60 and attaining a market cap of N10.095 trillion.
In 2024, the company’s exceptional performance includes a 85.2% year-to-date return, moving from N319.9 to N592.6. Notably, … Continue Reading
Dangote Group Officials Summoned to Abuja by EFCC for Alleged Forex Irregularities
The Economic and Financial Crimes Commission (EFCC) has taken action against Dangote Group officials, summoning them to Abuja for an inquiry into alleged forex crimes spanning nine years.
The investigation revolves around suspected forex allocation abuse during the tenure of … Continue Reading
EFCC Operatives Storm Dangote’s Office Over Fishy Forex Transactions During Emefiele’s CBN Tenure
Operatives of the Economic and Financial Crimes Commission (EFCC) executed a search operation at the Dangote Group’s Lagos head office over fishy forex transactions, as reported by the Cable.
The focus of the investigation revolves around forex allocations to the … Continue Reading
Dangote Tests Negative For Coronavirus
Aliko Dangote, Africa’s richest man, has tested negative for coronavirus.
After meeting with the Chief of Staff to president Buhari, Abba Kyari, who tested positive to coronavirus, Aliko Dangote was thought to have been exposed to the virus. It … Continue Reading
Dangote Refinery Promises to End Nigeria’s Woes of Fuel Scarcity
LAGOS, Nigeria, February 11, 2018 – Returnee indigenous India trained Graduate engineers of the Dangote Refinery have promised to deploy the knowledge and skills acquired during the training to ensure Nigeria is saved the embarrassment of fuel scarcity when the … Continue Reading