In a demonstration of its support for President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner…
Browsing: Dangote Group
Dangote Group plans to start production at its two Nigerian oil assets in the fourth quarter of 2024, following months of crude supply challenges, according to a report by S&P Global Commodity Insights.
The Caribbean countries say they would seek a partnership with the Dangote Group in cement and fertiliser production. The Prime…
The Dangote Group’s pavilion at the 2024 Abuja International Trade Fair (AITF) has been a major attraction for participants, many…
Dangote Group’s subsidiaries have emerged as major recipients in the latest Retail Dutch Auction conducted by the Central Bank of…
The chairman of Dangote Group, Aliko Dangote has said that he does not have houses abroad because of his passion for industrialisation in Nigeria.
The Dangote Group has revealed that it is targeting around $30 billion in revenues by the year 2025 whilst projecting to become the largest supplier of foreign exchange in the FX market in the future.
Without mentioning names, the businessman stated that foreign banks are not interested in helping Africa grow, explaining that indeed some of them clandestinely attempted to push the company into loan default during the COVID-19 pandemic.
“Our turnover for the financial year ended December 31, 2023, grew 37 percent to N80.8 billion, marking a significant increase from the previous year. Profit after Tax also saw an impressive growth of 151 percent to N13.7 billion, reflecting our commitment to operational efficiency and excellence.”
A source has disclosed that the former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele might face an amended charges.