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....
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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...
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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...
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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...
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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...
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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...
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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,...
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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...
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Dangote to launch 25,000 hectares of rice scheme in Sokoto

Dangote to launch 25,000 hectares of rice scheme in Sokoto

Come Wednesday this week, Dangote Rice, a subsidiary of Dangote Group is to launch in Sokoto state it’s multi-million naira 25, 000 hectares of rice Outgrower scheme with a prospect of  hundreds of thousand of employment opportunities for the rural...
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Dangote at WEF, canvasses genuine efforts at tackling power deficit in Africa

Dangote at WEF, canvasses genuine efforts at tackling power deficit in Africa

Foremost industrialist and President of Dangote Group, Aliko Dangote has told the audience at the World Economic Forum (WEF)in Davos, Switzerland that a joint effort between government and private sector to tackle the power deficit remained a key element in...
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Dangote Truck Assembly Plant debuts in Lagos, targets neighbouring countries, 3,000 jobs, 10,000 units per year

Dangote Truck Assembly Plant debuts in Lagos, targets neighbouring countries, 3,000 jobs, 10,000 units per year

Foremost entrepreneur, Aliko Dangote, has taken advantage of the ongoing scarcity of Foreign Exchange (FOREX) in Nigeria to establish multi-million dollar truck assembly plant in Lagos State. The project is expected to generate 3,000 jobs. According to Dangote...
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African Food Festival: Ayade, Ita-Giwa, others laud Dangote

African Food Festival: Ayade, Ita-Giwa, others laud Dangote

Cross River State Governor, Professor Ben Ayade has commemded Dangote Industries ltd for sponsoring the maiden edition of African Food festival Calabar. Declaring the festival open, the Governor who was represented by his wife, Dr. Linda Ayade lauded the exe...
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Lafarge Africa Photo News

Lafarge Africa Photo News

L – R, Haruna Jalo-Waziri, Executive Director, Capital Markets Division, The Nigerian Stock Exchange (NSE); Mrs. Folashade Ambrose-Medebem, Communications & Public Affairs Director, Lafarge Africa Plc; Mr. Oscar N. Onyema, OON, Chief Executive Officer, N...
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Dangote foundation donates N100m food items to IDPs, returnees in Yobe State

Dangote foundation donates N100m food items to IDPs, returnees in Yobe State

Moved by the plight of the Internally Displayed Persons (IDPs) and returnees in Yobe State, many of whom have been hit by starvation, the Dangote Foundation has flagged off the distribution of food and other relief items worth over N100...
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