Importer faces trial over alleged re-branding of Dangote Sugar

Importer faces trial over alleged re-branding of Dangote Sugar

A 72-year-old businesswoman, Esther Akinsanya, was on Tuesday charged before a Federal High Court in Lagos over alleged packaging of unregistered Brazilian sugar as Dangote granulated sugar. The accused is charged alongside her company, Esther Olufumilayo Nig. Ltd, before Justice...
read more
Customs impounds three Dangote Cement Trucks over alleged smuggling

Customs impounds three Dangote Cement Trucks over alleged smuggling

By citybusinessnews@yahoo.com  –      Three Dangote Cement Trucks allegedly used for smuggling have been impounded by the Federal Operations Unit (FOU) of Nigeria Customs Service (NCS), Zone ‘A’, Ikeja.   The company had recently embarked on a ...
read more
Customs impounds Dangote Cement truck, 9 others with 6,206 bags of rice

Customs impounds Dangote Cement truck, 9 others with 6,206 bags of rice

By citybusinessnews@yahoo.com  –      The Federal Operations Unit (FOU) of Nigeria Customs Service (NCS), zone ‘A’, Ikeja has seized Dangote Cement Truck, nine others with not less than 6,206 bags of smuggled rice.   Briefing Journalists on ...
read more
NCS confiscates four bullet-proof  SUVs, 55 others in Lagos

NCS confiscates four bullet-proof SUVs, 55 others in Lagos

By citybusinessnews@yahoo.com –   The Federal Operations Unit (FOU) of Nigeria Customs Service (NCS), zone ‘A’, Ikeja has impounded 59 vehicles including four bullet-proof vehicles in Lagos.    According to the Customs Area Controller of the un...
read more
Customs impounds Dangote truck with N47m smuggled poultry products

Customs impounds Dangote truck with N47m smuggled poultry products

The Nigeria Customs Service (NCS) has impounded  a truck in Ogun State belonging to Dangote Cement with about 3,000 cartons of smuggled frozen poultry valued at over N47 million.   NCS Comptroller in Ogun State, Sani Magudu, explained on Monday...
read more
FG implores Dangote on 2019 completion date for refinery

FG implores Dangote on 2019 completion date for refinery

The Federal Government has said it relies heavily on the Dangote refinery to fulfil its promise to Nigerians to end fuel importation by December 2019.  To this end, the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, who visited...
read more
Amazon to buy Whole Foods for $13.7b

Amazon to buy Whole Foods for $13.7b

(BBC) Online retail giant Amazon is buying Whole Foods in a $13.7bn (£10.7bn) deal that marks its biggest push into traditional retailing yet. Amazon, which has long eyed the grocery business, will buy the upmarket supermarket for $42 a share....
read more
Dangote Cement Shareholders approve N144.8b for 2016 dividend, seeks bonus

Dangote Cement Shareholders approve N144.8b for 2016 dividend, seeks bonus

Shareholders of Dangote Cement Plc on Wednesday in Lagos endorsed proposal by the Board of company to set aside N144.8billion for 2016 dividend, indicating N8.50 kobo per share as against N8 per share paid in the corresponding period of 2015...
read more
Dangote Flour unveils new pasta, declares N11.82b profit after tax for 2016

Dangote Flour unveils new pasta, declares N11.82b profit after tax for 2016

For the year ended December 31, 2016, Dangote Flour Mills Plc has declared profit before tax of N11.82billion  The Chairman of Dangote Flour Mills, Asue Ighodalo, while addressing shareholders at the 11th Annual General Meeting in Lagos said “Despite the...
read more
Apapa access roads: NPA, Dangote, Flour Mills, to raise N4.5 b

Apapa access roads: NPA, Dangote, Flour Mills, to raise N4.5 b

As part of measures to fast-track the re-construction of Apapa seaports access roads in Lagos State, the  Nigerian Ports Authority (NPA) is to raise  N4.3 billion.    Addressing maritime stakeholders in Lagos on Monday, the Managing Director of NPA, Hadiza...
read more
Photo News

Photo News

L- R  Oladipo Abiose Ain, Council Member, The Nigerian Stock Exchange (NSE); Engr. Muhammad Daggash, Council Member, NSE; Michael Akemere Osime, Council Member, NSE; Abimbola Ogunbanjo, First Vice President, NSE; Mr. Aigboje Aig-Imoukhuede CON, President, NSE...
read more
Halima Dangote seeks more women integration, empowerment in key technology leadership positions

Halima Dangote seeks more women integration, empowerment in key technology leadership positions

Executive Director and Daughter of Africa’s richest man, Halima Dangote has premised Dangote Group’s support for women leaders in technology on the need to “sustainably integrate and empower women in the wave of digital led globalization that is redefini...
read more
Dangote Cement export 0.4million tons, generates ₦615.1 billion in 2016

Dangote Cement export 0.4million tons, generates ₦615.1 billion in 2016

For the year 2016, Dangote Cement Plc exported 0.4 million tons of Cement to other countries and generated N615.1Billion revenue. Presenting its 2016 full year audited results on the floor of the Nigerian Stock Exchange (NSE) in Lagos on Tuesday,...
read more
Dangote seeks unhindered movement for trucks with perishable items, special seaport for export

Dangote seeks unhindered movement for trucks with perishable items, special seaport for export

By Moses Ebosele –     The Vice President of Dangote Group, Alhaji Sani Dangote on Monday in Lagos implored relevant Government agencies within and outside the Seaports to facilitate unhindered movement for all trucks conveying perishable items. Speak...
read more