Dangote Reacts To EFCC’s Visit, To Submit More Documents

Dangote Reacts To EFCC’s Visit, To Submit More Documents

The Chairman of Dangote Group, Aliko Dangote has reiterated the Group’s commitment to provide the Economic and Financial Crimes Commission (EFCC) with all necessary information. Reacting to the ongoing investigation in a statement, Dangote said: “We have already delivered the...
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EFCC Operatives Storm Dangote, Bua

EFCC Operatives Storm Dangote, Bua

Operatives of the Economic and Financial Crimes Commission have besieged the Head office of the Dangote Group of Companies in Lagos State. According to The Punch, the search, which commenced at the company’s head office in Lagos around 3 p.m....
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Dangote Cement Remits N412.9b Tax To Govt In Three Years  

Dangote Cement Remits N412.9b Tax To Govt In Three Years  

Dangote Cement Plc, a subsidiary of Dangote Industries Limited, (DIL), paid a total of N412.9 billion into the coffers of the Federal Government as tax for three consecutive years. A statement sent to City Business News explained that a total...
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Oil Extends Gains On Higher Demand

Oil Extends Gains On Higher Demand

Oil prices continued to climb on Tuesday with investors expecting a tighter market led by a seasonal rise in gasoline demand and supply cuts from OPEC+ producers, though concerns over the risk of a U.S. debt default capped gains. Reuters...
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Photo News

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Dangote Refinery Comes Alive

Dangote Refinery Comes Alive

President Muhammadu Buhari will today, May 22, 2023 commission Dangote Petroleum Refinery & Petrochemicals, regarded as the world’s largest single train refinery in Ibeju-Lekki, Lagos, alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad...
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Buhari To Inaugurate Dangote Refinery, Petrochemical Company May 22

Buhari To Inaugurate Dangote Refinery, Petrochemical Company May 22

The multi-billion Naira Dangote Refinery and Petrochemical Company will be inaugurated in Lagos on May 22, 2023, by President Muhammadu Buhari. The Group Chief Branding and Communications Officer, Dangote Industries Ltd., Mr. Anthony Chiejina who disclosed thi...
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Sudan Crisis : Dangote Supports Returnees With N100,000 Each   

Sudan Crisis : Dangote Supports Returnees With N100,000 Each   

The Aliko Dangote Foundation (ADF) has commenced the disbursement of hundred thousand naira (N100,000) and Dignity Packs to each of the Nigerian returnees from Sudan.     The money and the Dignity Packs were given out to the evacuees upon arriva...
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Dangote Implores African Countries On Trade Barriers

Dangote Implores African Countries On Trade Barriers

President of the Dangote Group, Aliko Dangote has urged African countries to dismantle all economic barriers hindering free trade among the nations, in order to achieve sustainable growth and development across the continent. The leading private sector player ...
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Dangote Cement Pledges Higher Returns To Shareholders

Dangote Cement Pledges Higher Returns To Shareholders

Chairman of Dangote Cement Plc, Aliko Dangote has guaranteed shareholders and other stakeholders of the company’s management’s resolve to keep the company profitable by leveraging on strategic innovations for the continuous growth of their investments. Spe...
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Dangote Cement Secures SEC Approval For New Share Buy-Back

Dangote Cement Secures SEC Approval For New Share Buy-Back

Dangote Cement has received approval of the Securities and Exchange Commission (SEC) for the establishment of a new share buy-back programme.  The company said in a Corporate Disclosure to the Nigerian Exchange Ltd. (NGX) on Wednesday that the programme w...
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Dangote Sugar Declares N82.3b Profit For 2022

Dangote Sugar Declares N82.3b Profit For 2022

For the year 2022 ended December 31, 2022, Dangote Sugar Refinery Plc has reported a Profit Before Tax (PBT) of N82.3 billion, indicating an increase of 142 per cent to N48.28 billion over N34 billion recorded in the corresponding period...
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Dangote Cement Rolls Out CSR Projects In Host Communities

Dangote Cement Rolls Out CSR Projects In Host Communities

Dangote Cement Plc, Ibese Plant, has launched a multi-million naira project for its 17 host communities as part of its Corporate Social Responsibility (CSR) initiative.  A statement issued by the Group Chief Branding and Communication, Dangote Industries ...
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Dangote Cement Shareholders Approve 10 % Share Buy-Back Scheme 

Dangote Cement Shareholders Approve 10 % Share Buy-Back Scheme 

Shareholders of Dangote Cement, unanimously on Tuesday authorised the Management of the company to undertake a share buyback of up to 10 percent of its issued shares, effective from the date of the resolution.   The company had earlier indicated an.....
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