NNPC goes for bank loans to purchase a 20% stake in Dangote Refinery By Eyo Nsima The Nigerian National Petroleum Corporation, NNPC, has concluded arrangements to raise bank loans for the purchase of 20 percent stake in the $12 billion Dangote Refinery. The Group Managing Director, NNPC, Mallam Mele Kyari, said negotiations were ongoing with […]
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Dangote $2bn urea fertilizer Plant pushes out 120 trucks every day … Excites marketers, farmers in North After months of speculations, Dangote Urea fertilizer is now finally on sales nationwide and it currently pushes out a minimum of 120 trucks per day across the country Group Executive Director, (Strategy, Capital Projects & Portfolio Development) · Dangote
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Finally, Dangote Fertiliser begins production of Urea … hits market Monday To the admiration of key financial sector operators present, the Dangote Fertilizer Limited announced yesterday the formal commencement of production of Urea in commercial quantity and the plan to hit the Nigerian market on Monday. In what industry watchers have described as
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Shareholders hail Dangote over Cement’s N272.6bn dividend Shareholders of Dangote Cement Plc on Wednesday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N272.6 billion as a dividend, translating to N16 per share for the year ended December 31, 2020.
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Dangote assures Tanzania govt of increased investment … Promises to woo more investors to Tanzania President of the 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
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Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Besides, the Cement plant located in Pout, 60 kilometres away from Dakar, has greatly assisted in strengthening the business relationship between Senegal and Nigeria. Dangote Cement Senegal currently holds a capacity of 1.5 million
Dangote Cement, Major Contributor to Senegal’s Economic Devt, says Envoy Read More »
…ramps up production capacity to meet local demand By Eyo Nsima Nigeria’s Dangote Cement Plc is expected to pay a total of N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter of 2021. According to the financial result published by the country’s largest cement manufacturer on Friday, April
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Dangote: Cement price from our Factories is between N2,450 and N2,510 per Bag, VAT inclusive …says Nigeria price is in line with or lower than prices across the West African coast Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria
Dangote Sugar denies involvement in price-fixing, asserts its strong participation in the NSMP Dangote Sugar Refinery PLC (DSR) is aware of an online publication claiming that Dangote Sugar Refinery PLC is engaging in price-fixing and is not honestly engaged in any Backward Integration Programme as claimed. DSR wishes to vehemently refute the
Dangote launches driver’s training center to curtail crashes As part of its measures to curb Road Traffic Crashes (RTC), the Dangote Cement Plc has launched a Drivers’ Training Centre located at the Dangote Cement Plant (DCP), Obajana, Kogi State. The new Centre is charged with the responsibility of attending to all training needs of
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