Dangote Cement Plc has sustained its position as a leading contributor to Nigeria’s economy with a tax charge of N173.93 billion for the financial year ended 31st December 2021. According to the cement group’s audited results released on the portal of the Nigerian Exchange Ltd (NGX), the tax charge represents an increase of 78.7 per…
Fifteen Copperbelt University (CBU) engineering students have been inducted as graduate engineer trainees at Dangote Cement Zambia Limited in Masaiti district. Dangote Chief Executive officer Vipul Agrawal said the aim is to train Zambian engineers to operate state-of the-art technology Cement & Power plants and develop into leaders. The 15 CBU Chemical, Mechanical, Electrical and…
For the fourth time in a row, Dangote Group, a fully integrated Conglomerate and proudly Nigeria brand has again emerged as the most Valuable brand in Nigeria while the MTN Nigeria trailed as the Most Popular brand in the new Top of the Mind (TOM) survey conducted among corporate executives in the country. In rating…
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…
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’…
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…
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…
Aliko Dangote Foundation (ADF), on Wednesday, empowered a total of 16,000 women in all the 16 local government area of Kwara State. Each of the 16 thousand rural women were given the sum of N10,000 each, to help boost their petty trade and also start new businesses. In all, a total of N160,000 million were…
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…
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…