Africa

Uk

UK’s £95m Investment Plan to Benefit More than 4m Nigerians

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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Obajana

Dangote:Acquisition of Obajana Cement Plant followed Due Process, Says, Company Incorporated in 1992, Disowns Kogi Govt Equity interest in Plant, Says Plant, Machinery Conceived, Designed, Procured, Built, Paid for Solely by DIL

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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Dangote Pet

Dangote Dismisses Alleged Involvement in Kogi Assembly Fire Outbreak

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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Dangote

NACCIMA, LCCI, Others: Closure of Dangote Cement Factory by Kogi Govt, Shocking, Hasty; Urge Truce

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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Dangote

Shareholders Associations Condemn Kogi Govt, Say Actions Against Dangote Cement, Dangerous for Investment

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 […]

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Access Bank

Expasion:Access Bank Moves to Acquire 51% Majority Stake in Finibanco Angola S.A

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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Dangote Pet

Dangote Wins ECOWAS’ Manufacturing Brand of the Year Award; Cement, Sugar Emerge Brands of the Decade

Africa’s largest business conglomerate, Dangote Industries Limited has been adjudged the Outstanding Indigenous Conglomerate of the Decade, carting home eight different Economic Community of West African States Manufacturing Excellence Awards (EMEA) in the process. In the same vein, two subsidiaries of the Conglomerate, Dangote Cement Plc and Dangote Sugar Refinery Plc also received awards of […]

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Dangote

Dangote Raises Bar at Abuja Trade Fair

The Dangote Group has been described as a significant premium player as over 300 corporate exhibitors are participating in the 17th Abuja International Trade Fair (AITF) that is expected to be declared open by President Muhammadu Buhari on Friday. Speaking to newsmen, the Director-General of the Abuja Chamber of Commerce and Industry (ACCI), Ms. Victoria […]

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Ndic

NDIC to Host African Regional Deposit Heads Towards Strengthening Operational Resilience

The Nigeria Deposit Insurance Corporation (NDIC) is scheduled to host a regional workshop in Abuja, Nigeria bringing together leaders of African Deposit Insurance Agencies to share knowledge and expertise to strengthen the implementation of deposit insurance systems on the African Continent. The event which is scheduled to take place between the 4th and 7th of […]

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Dangote

Dangote Sugar Commits Billions to CSR schemes in Adamawa, Nasarawa

The Dangote Sugar Refinery Plc (DSR) has scaled up its social intervention programmes around host communities in Adamawa and Nasarawa States where its Backward Integration projects are located. The Group is investing hugely in raw sugar production as part of the Federal Government Sugar Master Plan. This is coming on the back of $500m that […]

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Dangote

Dangote Emerges Most Valuable of Top 50 Brands for fifth Consecutive Year

Dangote Industries Limited (DIL), has emerged as the Most Valuable Brand in Nigeria for a record 5th year in a row at the outcome of the 2022 corporate brand evaluation, conducted by the leading brand and marketing research firm, TOP 50 BRANDS NIGERIA. Dangote emerged top with an aggregate score of 83.7 Brand Strength Measurement […]

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Elizabeth

Ending an Era for Britain, Queen Elizabeth Dies at 96

Britain’s longest-reigning monarch and the nation’s figurehead for seven decades, Queen Elizabeth,  died at her home in Scotland aged 96 on Thursday. 8th September 2022. “The Queen died peacefully at Balmoral this afternoon,” Buckingham Palace said in a statement. “The King and The Queen Consort will remain at Balmoral this evening and will return to […]

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