Dangote Organizes $4.5bn Financing For Refinery
The President, Dangote Industries Limited, Aliko Dangote, has arranged more than $4.5bn in debt financing for his crude oil refinery project and aims to start production in early 2020.
Dangote, Africa’s richest man, is building a refinery with a capacity...
Q2: Dangote Cement invests $3bn on plants, Grinding Terminals
…. employs 27,952 Nigerians in 2017
Group Chief Executive Officer of Dangote Cement, Joe Makoju has revealed that the company has invested a whopping $3bn to build manufacturing plants and import/grinding terminals across Africa.
The company’s operations, according...
Dangote Foundation Donates School Complex Worth N120m
…Sponsors 250 Student Fees Yearly
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In line with its educational empowerment, Aliko Dangote Foundation donated an equipped secondary school valued at N120 million in Lagos.
The newly built secondary is well equipped with laboratories and conducive for learning environment.
Speaking at...
Oil Receipts Increase Avenue to Deepen Non-Oil Sectors- Dangote
Increased crude Oil receipts driven by upturn in Oil prices and improved volumes, offer Nigeria a great opportunity to diversify its economy and address fundamental vulnerabilities by deepening and expanding the nation's non- Oil sectors, President/CE,...
Third-Force: Between Ramaphosa, Abiola and Dangote
By Yushau A. Shuaib
A sudden political change occurred recently when an international businessman, Matamela Cyril Ramaphosa emerged the new South African President. He has impacted positively on the life of his people through Shanduka Group, a company he founded...
This Year The Nigerian Stocks Have Risen 12%, The Most Globally
The world-beating rally in Nigerian stocks may not be over yet.
The main equity index in Africa’s biggest economy has surged 12 per cent this year in dollar terms, the most among 96 major bourses...