Tags: dangote

2021 First Half: Dangote Sugar Records Strong Growth

Dangote Sugar Refinery recorded strong improvements in performance indices in half year ended June 30, 2021, as group revenue increased by 27.8 percent to N131.95 billion in contrast to N103.23 billion recorded at the same period in the preceding year. According to the refinery’s unaudited results for the period, Gross profit grew double digit at…

Dangote Assures Tanzania Govt. of Increased Investment

President of Dangote group, Aliko Dangote on Monday assured the new President of Tanzania, Samia Suhulu that Dangote group will increase its investment in the country and inform investors all over the world, that Tanzania is now a place to invest. Dangote currently has invested about $770million in Tanzania. He lauded the new President investors’…

Coastline Terminals: Dangote Group Does Not Own, Not Affiliated with ICTSI

Dangote Group of Companies on Monday reacted to an online publication by Sahara Reporters titled ‘EXCLUSIVE: How Suspended NPA Boss, Hadiza Usman Awarded Coastline Terminals To Dangote’s Proxy Company In Shady Deal’, dated Sunday, May 9, 2021. A statement signed by the Group’s Chief, Branding & Communications, Anthony Chiejina said that without equivocation Dangote Group…

Dangote: Cement price from our Factories is between N2,450 and N2,510 per Bag, VAT inclusive

Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria (as at 12th April, 2021) is N2,450 in Obajana and Gboko, and N2,510 in Ibese inclusive of VAT. The clarification was made in view of recent insinuations that the company sells cement in…

Nigeria Signs $1.3bn Basic Chemicals Platform Deal With Morocco

President Mohammadu Buhari has revealed that Nigeria and Morocco have signed an agreement to develop a $1.3 billion Basic Chemicals Platform in Nigeria that will produce Ammonia and various NPK and DAP fertilisers, using Nigeria’s gas reserves. The President said with this agreement Nigeria is on its way to becoming a regional and global fertiliser…

Dangote Cement To Pay Over N97bn In Corporate Tax For 2020

Africa’s largest cement producer, Dangote Cement Plc has remained a major contributor to the economy with a tax charge of N97 billion for the financial year ended 31st December 2020, even as it proposed a dividend of N16 per share. According to the cement group’s audited results released on the floor of the Nigerian Stock…

Dangote Grooms Nigerian Engineers to Manage Refinery Complex on Completion

The Management of Dangote Oil Refinery is preparing young Nigerian graduates to take over the management of its 650,000 barrels per day single train refinery when it becomes operational in 2022. Already, the company has trained several Nigerian engineers in some of the world’s biggest refineries in India and other parts of the world to…

Dangote Commences Feeding Of One Million Malnourished Children

To complement and boost government efforts in tackling the issue of malnutrition in Nigeria, the Aliko Dangote Foundation (ADF) has initiated processes to reach and properly feed one million children across the country, commencing immediately. According to the United Nations Children Fund (UNICEF) malnutrition is a direct or underlying cause of 45 per cent of…