Dangote Sugar Refinery (DSR) Plc, a subsidiary of Dangote Industries Limited, has so far invested ₦121 billion on its ambitious Sugar for Nigeria Backward Integration Project Plan, which is aimed at developing domestic sugar production capacity through home-grown sugarcane. Addressing shareholders yesterday at the annual general meeting in Lagos, Chairman, Dangote Sugar Refinery (DSR) Plc, […]
Read More The Nigerian Stock Exchange (NSE) has commended Alhaji Aliko Dangote for his efforts and advocacy for an improved and better capital market. Speaking during the visit of the management of Dangote Cement to the Exchange in Lagos, Chief Executive Officer, Nigerian Stock Exchange (NSE) Plc, Mr Oscar Onyema said Dangote Cement as the largest listed […]
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The Aliko Dangote Foundation has allocated ₦10 billion for the empowerment of vulnerable women in the 774 local government. A statement from the foundation said its chairman Aliko Dangote, gave the figures at the kick off of the empowerment programme at the Justice Idris Legbo Kutigi International Conference Centre in Minna, the Niger State capital. […]
Read More Dangote Group has announced plans to establish vapoured milk plant as part of measures to boost the economy. The President / Chief Executive Officer of Dangote Group, Mr. Aliko Dangote, who disclosed this at Dangote Foods, 2018 Customer Celebration and Distributor Awards Night held, recently in Lagos, said when the plant is fully in operation, […]
Read More To grow the midstream sector of the country’s petroleum industry, Nigeria will need about four of Dangotes concept to grow the petroleum sector, Technical Consultant to President/CE, Refinery and Petrochemicals Projects, Dangote Oil Refinery Limited (DORC), Babajide Soyode, has said. Soyode stated this yesterday at the Engineer Trainee presentation of 22 Dangote employees who just […]
Read More Buoyed by rising stock markets and commodity prices, Africa’s billionaires are collectively wealthier than a year ago. The 23 billionaires that Forbes found in Africa – up from 21 billionaires last year — are worth a combined $75.4 billion, compared to $70 billion in January 2017. The richest African, for the seventh year in a […]
Read More The President, Dangote Group, Aliko Dangote, has said that his company’s Corporate Social Responsibility initiatives have commenced in Mfila, Congo Brazzaville, where it just opened a $300m, 1.5 million-metric-tonne capacity cement plant. The cement magnate declared that $1.2m had also been given as loan to aid the country in completion of a bridge. He was […]
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President of the Nigeria Senate, Dr. Abubakar Bukola Saraki, on Thursday, said that one of the primary objectives of the 8th National Assembly is to increase private sector participation in all spheres of the economy in order to make the country viable. Saraki, according to a statement by his Chief Press Secretary, Sanni Onogu, in […]
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Few Africans have talked about pan Africanism and made it happen. And one of such people is Tony Elumelu, the self appointed champion of AFRICAPITALISM -Afrocentric entrepreneurship aimed at stimulating economic growth towards the elimination of poverty in the continent of Africa. The banker turned entrepreneur through his HEIRS holding-a diversified conglomerate, has in the […]
Read More President of Dangote Group, Aliko Dangote, has urged entrepreneurs in Africa to focus on job creation for the continent’s teeming youths as a way to ensure economic prosperity and poverty reduction in the continent. Speaking at the launch of AfroChampions Initiative, Dangote emphasized greater integration of African economies for real development of the continent. He […]
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Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah; President, Dangote Group, Alhaji Aliko Dangote as well as President, Manufacturers Association of Nigeria, MAN, Dr. Frank Jacobs, are expected to grace the symposium of Commerce and Industry Correspondents Association of Nigeria, CICAN, designed to appraise the growth and development of the nation’s industrial sector. Tagged, […]
Read More Africa’s richest man, Aliko Dangote, said at the United Nations General Assembly in New York that he hopes that global crude oil prices remain low for a longer period to enable countries relying on oil to grow other sectors of their economies. Dangote was speaking with investors who participated in the high level business leaders […]
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