Sugar Backward Integration’ll Save Nigeria $700m Annually – Dangote       Dangote Sugar Refinery Plc has said Nigeria will save up to $700m of foreign exchange yearly from sugar production self-sufficiency if the government faithfully follows through the backward integration policy in the sugar industry. The Chairman of...

Dangote Cement Pays N273bn Dividend       Shareholders of Dangote Cement Plc yesterday commended the management of the company for an impressive performance despite the economic challenges in the immediate past business year. The shareholders approved N272.6 billion as dividend, translating to N16 per share for the year...

Panel To Probe NPA's Suspended MD For Inauguration Today       The Federal Government may on Monday (today) inaugurate a panel to investigate Nigerian Ports Authority under suspended managing director, Hadiza Bala-Usman. Economic Confidential had earlier reported that President Muhammadu Buhari was probing the alleged non-remittance of N165.32bn...

Undue Enrichment of Aliko Dangote at the Expense of Nigeria By Edward Ejike Okpa       For disclosure, I offer the following comments based on my understanding of public finance, economic development, public policy, currency stabilization, anti-trust and monopoly. I have no qualms how rich Aliko Dangote is or...

Dangote Urges Private Sector Operators To Fund Health Care       The President of Dangote Industries Limited, Aliko Dangote, has urged all operators in the private sector to commit one per cent of their profits to fund the health sector challenges in Nigeria, to enable the country...

Dangote-led Flood Committee Donates N1.5bn to fight COVID 19 Pandemic     Bothered with the increasing trend and spread of Covid 19 pandemic, the Presidential Flood Relief and Rehabilitation Committee, set up in 2012 by the Federal Government and led by the President of Dangote group, Aliko...