Dangote Flour has unveiled new improved pasta products called ‘Ecccellente’, in bid to grow its market equity in Africa. The re-vamped pasta, is expected to reduce the dependency on rice consumption by Nigerians. Speaking at the grand customer launch event in Kano on Tuesday, Executive Director, Sales and Marketing, Halima Dangote, said the improved products […]
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Dangote Sinotruck West Africa Limited on Tuesday rolled out its first set of locally assembled Chinese trucks as it began an eight-hour shift, assembling between four and five trucks per day at its Lagos-based plant. The Group General Manager, Projects, Mr. Hikmat Thapa, who spoke in company with other senior managers of the company after […]
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The divestment of Dangote Flour Mill Plc from its noodles business will result in more value accretion to its shareholders, operators in the Nigerian capital market have said. According to them, selling the noodles business will allow the company to concentrate on the pasta and flour businesses where it has efficiency and competitive advantage. Dangote Flourmills […]
Read More President/CEO of Dangote Group, Aliko Dangote, will write an article in the next edition of YouWiN! Connect, which will be published in five newspapers. The article, which will focus on “Starting Small”, will be published in The Punch and Vanguard on Sunday; and in Leadership, Trust and The Nation on Wednesday. A statement by Project […]
Read More President, Dangote Group, Aliko Dangote, has said his belief in Nigeria economic potential remains unshaken just as President Muhammadu Buhari has felicitated with Africa’s richest man and philanthropist on his 60th birthday today (Monday). The business mogul told a group of businessmen in his office in Lagos that his passion for the workability of Nigeria’s […]
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Dangote Flour Mills Plc and Dangote Sugar Refinery Plc have recorded total revenue of N275 billion in the financial year ended December 31, 2016, representing an increase of 84.8 per cent from N275. 5 billion of the corresponding period of 2015. The two Dangote companies also recorded a Profit Before Tax, PBT of N35.6 billion […]
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The Managing Director, Dangote Tomato Processing Company, Alhaji Abdulkarim Kaita, on Monday said the factory would resume production on Sunday, March 19. Kaita said the company, located in Kadawa, Kano State, was expecting a team of engineers from Italy on Friday as part of the preparation to resume production. “As part of preparations to resume […]
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The Managing Director of Dangote Tomato Processing Factory, Kadawa, Kano State, Alhaji Abdulkarim Kaita, says the company is relying on local fresh tomatoes as raw materials for its operations. Kaita, in a statement in Kano on Friday, said the factory did not require any foreign exchange to import its raw materials. He urged members of […]
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The Managing Director of Dangote Tomato Processing Factory located in Kadawa, Kura Local Government Area of Kano State Alhaji Abdulkadir Kaita, has said that the company will resume production in February. Kaita who disclosed this in an interview with the News Agency of Nigeria (NAN) on Tuesday in Kano, said the company, which began production […]
Read More Africa’s richest man, Aliko Dangote, admired and commended Nigerians for their resilience the face of the prevailing economic challenges, saying they had made sacrifices that would soon see the nation out of the woods. Addressing a group of small and medium enterprise operators who met with him in Lagos during the festive period, Dangote said that […]
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Four major refineries belonging to the Nigerian Government may end up as scrap once the Dangote Group commence the production of crude oil at its refinery in Lagos by 2019, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said. According to him, if the country fails to take urgent steps to revamp the refineries […]
Read More Africa’s richest entrepreneur Aliko Dangote yesterday gave the University of Ibadan (UI) N250 million. He made the donation after receiving a honorary doctoral degree at the convocation and 68th Founder’s Day ceremony yesterday. Businessman and native of Ibadan Bode Amoo and Prof. Niyi Osundare were also honoured with doctoral degrees. In his speech, the business […]
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