President of Nigeria Football Federation (NFF), Mr. Amaju Pinnick, Lagos State Governor, Mr. Babajide Sanwo-Olu receiving NFF award of recognition being presented by FIFA President, Mr. Giovanni Infantino during the NFF dinner reception in honour of the FIFA President at the Eko Hotels and Suites, Victoria Island, Lagos, on Wednesday, […]

The President of the Dangote Group, Mr. Aliko Dangote, explains why he jettisoned the easy way of making money from buying and selling of commodities to venture into the much challenging business environment of manufacturing Nigeria. He also speaks on what the African Continental Free Trade Area (AfCFTA) agreement means […]

The Petroleum Industry Bill signed into law by President Muhammadu Buhari has reversed an exclusive right for holders of local refining licence to import petroleum products. Holders of crude oil refining licences in Nigeria include Dangote Oil Refinery Company, Waltersmith Refining & Petrochemical Company Limited, OPAC Refineries, Niger Delta Petroleum […]

Dangote Ranked 117th In Latest Global Billionaires Index Africa’s richest man, Aliko Dangote has been ranked 117th in the latest Bloomberg Billionaires Index. This was captured in a daily ranking of world’s richest people which is updated at the close of every trading day in New York.  While Elon Musk tops the list with a […]

At least 11 trucks belonging to Dangote Cement were set ablaze Tuesday after irate youth descended on vehicles parked outside the company’s factory in Ibese, Yewa North local government of Ogun State. Trouble started when commercial motorcyclists and transport unionists clashed over an alleged increase in riders’ tickets, from N600 […]

A road contract has been approved by the federal executive council (FEC) for Dangote Industries as tax credit. The 274.9 kilometres road contracts is for a staggering N309,917,717,251.35. The approval was given by FEC on Wednesday July 14. Minister of Works and Housing, Babatunde Fashola made the announcement on Wednesday […]

Dangote Industries, on Sunday, announced with an investment of $150m, it took delivery of 2500 trucks to improve cement and urea distribution across its businesses. According to a statement from the company, Dangote Cement Plc acquired 2000 trucks, trailers, bulk tankers, tippers, cargo trucks and bulk cement tankers that are […]

Nigeria’s wealthiest men have gathered in France for the Paris International Business Summit, Igbere TV reports. The billionaires include president of Dangote Group, Aliko Dangote; founder of Globacoms, Mike Adenuga; founder of Heirs Holdings, Tony Elumelu; and BUA Group president Abdul Samad Rabiu. Hosted by French President Emmanuel Macron, the […]

The Nigerian National Petroleum Corporation (NNPC) has said that it plans to acquire a 20% minority equity stake in Africa’s biggest oil refining facility, Dangote Refinery, Lagos. This is to help further ensure an undisrupted supply of petroleum products across the country when the transaction pulls through. This disclosure was […]