Brand Nigeria, organisers of the Top 50 Brands, has rated Dangote as the most valuable brand in Nigeria for 2018. This is coming barely three months after the firm was adjudged the most admired brand of African origin by consumers in a brand rating coordinated by the South Africa-based Brand Leadership in conjunction with Johannesburg […]
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The oil refinery being built in Lagos by Dangote Group is unlikely to start production until 2022, two years later than the target date. Reuters quoted sources with direct knowledge of the matter as saying this in a report on Friday. The 650,000 barrel per day refinery, set to be Africa’s biggest, is expected to […]
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The Group Executive Director, Dangote Industries Limited, Devakumar Edwin, has said the oil refinery being built by the company will provide a ready market for the nation’s crude oil. Edwin was quoted in a statement as saying that the construction of the 650,000 barrels per day refinery would help Nigeria save over $7.5 billion through […]
Read More The crude oil refinery being built in Lagos by Dangote Industries Limited is a threat to refineries in Europe, which Nigeria relies mostly on for fuel imports, a global provider of energy and commodities information has said. The Editorial Director, Strategic Oil Markets Development, S&P Global Platts, Andrew Bonnington, said at the S&P Global Platts […]
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Africa’s richest man, Alhaji Aliko Dangote, yesterday, lamented that Nigeria currently spends about N1.5 trillion annually on importation of food, saying it puts heavy pressure on the country’s foreign exchange. The business tycoon said this at the 3rd Eminent Persons Business lecture entitled: ‘A case for backward integration’, and commissioning of multi-million naira Aliko Dangote […]
Read More The President and Chief Executive, Dangote Group, Aliko Dangote, on Wednesday said that Nigeria had not taken advantage of its huge population for economic growth, wondering why local content was being relegated while relying heavily on importation of goods and services. Dangote, who was represented by Group Executive Director, Dangote Group, Ahmed Mansur, spoke on […]
Read More (Corrects capacity of refinery to 650,000 barrels per day from 650,000 tonnes in paragraph 7) By Chijioke Ohuocha and Didi Akinyelure LAGOS, July 6 (Reuters) – An oil refinery being built by Aliko Dangote will account for half of his conglomerate’s assets when it is finished next year, a senior executive told Reuters, underscoring the […]
Read More THE Aliko Dangote Foundation has inaugurated the Dangote village built for the Internally Displaced Persons (IDPs) in Maiduguri, the Borno State capital. The gesture has been described as another massive philanthropic gesture coming barley two weeks after the foundation donated 150 cars to the police. The Dangote village is a self-sufficient set of 200 housing […]
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The Dangote Group has been voted as the most admired African brand by consumers ahead of telecommunications giant, MTN, according to the South African-based Brand Leadership Movement in collaboration with the Johannesburg Stock Exchange. The Dangote brand, which is also the leading brand in Nigeria, came atop in the fresh ranking of 100 best brands […]
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 […]
Read More 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 In order to strengthen the group’s Executive management team and sustain its strategic business growth trajectory, Africa’s foremost indigenous conglomerate, Dangote Industries Limited (DIL) has announced new appointments. In the new organisational rejig, Olakunle Alake the erstwhile Chief Operating Officer (COO) is now the Group Managing Director and Dr. Adenike Fajemirokun, the Group Chief Risk […]
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