Dangote Sugar Refinery Plc has reported a Profit Before Tax (PBT) of N82.3 billion for the year ended Dec. 31, 2022. The company made this known in its annual report on Friday in Lagos signed by Mr Anthony Chiejina, Chief Corporate Communications Officer, Dangote Group. This, the company said,...
Aliko Dangote
Alhaji Aliko Dangote, President, Dangote Group, Mrs Nkechi Obi, Chief Executive Officer, Techno Oil and 25 others have bagged the Vanguard Newspaper awards under various categories. The News Agency of Nigeria (NAN) reports that the awards were presented at the 11th edition of the Vanguard Personality of the Year...
Africa’s foremost industrialist, Aliko Dangote, is optimistic that the new multibillion Naira investment in the sugar sub-sector would help provide no fewer than 300,000 jobs in Nigeria. A statement from the Corporate Communication Department of the company, said that the Group’s President, Dangote said the company was providing fresh...
A Federal High Court, Abuja, on Wednesday, restrained the Kogi State Government from shutting down Dangote Cement PLC in Obajana area of the state. The court also stopped the state government from disrupting or suspending the activities of Dangote Coal Mines Ltd and Dangote Industries Ltd in Okaba, Ankpa...
Africa’s richest man, Aliko Dangote, has bounced back from the huge losses that saw over N300 billion wiped off his wealth in 8 hours. On Monday, 22 August 2022, Bloomberg reports that Dangote’s wealth jumped by $34.8 million, which is over N14.9 billion when exchanged at N430 to a...
Gov. Bello Matawalle of Zamfara has been conferred with a national award on security by the President Mohammed Bazoum of Niger Republic. Bazoum, who presented the award to Matawalle at a ceremony on Wednesday in Niamey, said the governor was recognised for his immense contribution to the fight against...
Political bigwigs attended the opening of the two-day Nasarawa Investment Summit in Lafia on Wednesday. Those who graced the occasion included Vice-President Yemi Osinbajo, Ghana’s former President John Mahama, and former Emir of Kano, Alhaji Muhammad Sanusi. Others were Sen. Abdullahi Adamu, National Chairman of the All Progressives Congress...
By DAVID IORJA, Abuja – President Muhammadu Buhari has urged entrepreneurs and investors to channel ideas and resources into areas of the economy that stimulate growth, with long-term effect on job creation and poverty reduction, assuring that fixing infrastructure remains government’s top priority. Receiving Chairman of Dangote Industries Ltd,...
President Muhammadu Buhari says the 2.5 billion dollar Dangote Fertiliser Plant in Ibeju Lekki, Lagos, will boost Nigeria’s foreign exchange earnings and accelerate economic growth. The News Agency of Nigeria (NAN) reports that Buhari spoke on Tuesday while inaugurating the three million metric tonnes per annum urea production plant....
It is often said that one man’s loss is another man’s gain. The war between Russia and Ukraine has undoubtedly brought great loss to both parties as lives and properties have been lost. However, in a war, there are undoubtedly two parties which include those who will benefit and...
Aliko Dangote got off to a great start in 2022, adding about $950 million to his fortune since the year began. The Nigerian billionaire’s wealth rose following a year-to-date price increase in the shares of Dangote Cement Plc. Last year MTN Nigeria made a net revenue of 298.65 billion...
By SADIQ ABUBAKAR, Maiduguri – Borno State Governor, Babagana Zulum on Thursday led Borno’s delegation to the Yobe State Government Education Appeal Fund Raising, held in Abuja. The event which was chaired by Ambassador Babagana Kingibe, was co-hosted by Governor Mai Mala Buni and the Senate President, Senator Ahmad...
Dangote Peugeot Automobiles Nigeria Limited has started assembling vehicles in Nigeria, beginning with the Land Trek, 3008, 5008 and the new 508. The vehicles are being built at the newly built Green Field Assembly Plant in Nigeria’s northwestern region. Dangote Peugeot Automobiles Nigeria Limited (DPAN) has started assembling vehicles...
Alhaji Aliko Dangote has retained his position as the richest man in Africa, with a net worth of $12.1 billion, according to the 2022 edition of the Forbes’ Top 10 Africa’s Billionaires List. This is contained in a post on their verified Twitter account @Forbes. According to the report, for...
The African Development Bank (AfDB), has earmarked $110 million for projects under the Special Agricultural Processing Zone in Kano State. The Chief Press Secretary (CPS) to Gov. Abdullahi Ganduje of Kano State, Mr Abba Anwar, stated this in a statement issued in Kano on Sunday. Anwar quoted the AfDB...
Alhaji Aliko Dangote, said doctors told him that his brother, Sani, would die in an hour, and that he died when it was time, “watching the life support machine going down until it stopped working.” Dangote stated this when the National Leader of the All Progressives Congress (APC), Alhaji...
By DAVID IORJA, Abuja – President Muhammadu Buhari followed up an earlier phone call to the Dangote family in Kano by sending a delegation to represent him at the burial of Alhaji Sani Dangote, Aliko’s younger brother who died after a protracted illness in the United States. The body...
Thousands of Muslims attended the funeral of late Alhaji Sani Dangote, the Deputy President, Dangote Group of Companies, held in Kano on Wednesday. The funeral prayer, conducted at the palace of the Emir of Kano at about 11a.m., was led by Imam Sani Muhammad. The Imam prayed to Almighty...
By THOMAS AKASE, Makurdi – The Benue State Governor, Samuel Ortom on Tuesday condoled with the Founder/Chairman of Dangote Group, Alhaji Aliko Dangote, over the death of his younger brother, Sani Dangote. Sani who was until his death in the United States of America Sunday was the Vice President...
The Vice President of The Dangote Group and brother to Aliko Dangote, Sani Dangote, is dead. Sani Dangote reportedly died after a protracted illness in the United States on Sunday. The Dangote Group in a short statement Sunday night confirmed the death. “INNA LILLAHI WA INNA ILAIHI RAJIUN!It is...