President of Dangote Group, Aliko Dangote has been hailed as a foremost entrepreneur whose laudable interventions in the agricultural sector in Nigeria should be applauded and emulated by others. Many Nigerian University Vice Chancellors, under the auspices of Committee of Vice-Chancellors who were at the Dangote Fertiliser plant on a familiarisation visit over the weekend, […]
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Standard Chartered Bank and Access Bank Plc have entered into agreements for the sale of Standard Chartered’s shares in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private and Business Banking business in Tanzania, to Access Bank. The announcement was made at Standard Chartered’s Headquarters in London yesterday in the […]
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President of Dangote Group, Aliko Dangote remains the richest man in Africa, despite the volatility of Nigerian currency against the dollar. Bloomberg in its daily top billionaire lists, released on Tuesday, revealed that Dangote with a wealth of $15.6 billion topped other Africans in the Index. Dangote, who remains the richest man in Africa for […]
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The Board of Directors of the United Bank for Africa Plc, Africa’s Global Bank, today announces the appointment of Mrs. Abiola Bawuah, as Chief Executive Officer (CEO) of UBA Africa. Bawuah will also join the Group Board as an Executive Director, overseeing the Group’s operations across the African continent, outside Nigeria. UBA operates in 19 […]
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Africa’s foremost conglomerate the Dangote Group won the coveted ‘ Overall Most Responsible Business’ Award, just as three of its subsidiaries clinched awards at the 16th edition of the Sustainability, Entrepreneurship and Responsibility Awards (SERAS) held at the Oriental Hotel, Lekki, Lagos. At the well-attended event, which drew stakeholders across the industrial sector who had […]
Read More Business magnate and President of Dangote Group, Aliko Dangote has identified priority investments in infrastructure and core industries among other recommendations, as vital panaceas to boost Nigeria’s economy to its desired level among contemporary nations and in the world overall. Against the background of the declining fortune of the manufacturing sector, the Africa’s wealthiest man […]
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The UK Foreign Secretary, James Cleverly, has disclosed a new investment plan, which includes a £95 million Propcom+ investment that is set to benefit at least four million Nigerians, including two million women, to increase productivity and adapt to the effects of climate change while at the same time reducing emissions. Cleverly made the announcement […]
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The management of Dangote Industries Limited has insisted that its acquisition of the Obajana Cement Plc in 2002 followed due process, contrary to claims by the Kogi State government. The conglomerate asserted that Kogi State government has no equity interest in Obajana Cement Plc. It also stated that the company as a responsible corporate organisation […]
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The management of Dangote Cement Factory in Obajana, Kogi State has denied the claim about its involvement in the fire outbreak in the Kogi State House of Assebly complex. In a statemement signed by the Group Chief Branding & Communications Officer Dangote Industries Limited Mr Anthony Chiejina, the company denied any complicity in the allegation, […]
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The Organised Private Sector (OPS) operators under the aegis of the National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA) have berated the Kogi State government over the closure of Dangote Cement, Obajana Plant, describing the action as being hasty. This is just as Lagos and Abuja branches of the Chamber in separate […]
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Group of Shareholders Associations in Nigeria have urged the Federal Government to urgently intervene and prevail on the government of Kogi State to stop further harassment of investors in Kogi State. They described as barbaric the use of thugs to embarrass investors, such as meted out on Dangote cement and other companies located in Kogi […]
Read More Access Holdings Plc yesterday announced on the floor of the Nigerian Exchange Limited (NGX) that its wholly owned subsidiary, Access Bank has entered into a binding agreement with Montepio Holding SGPS S.A to acquire a 51 per cent majority shareholding in Finibanco Angola S.A Finibanco Angola S.A. is a profitable, well-capitalised full-service commercial bank with […]
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