The profit after tax of Dangote Cement Plc dropped by N24.47bn in the nine month, ended September 30, 2016. The company attributed the drop from N157.993bn recorded in the Q3 2015 to N133.521bn in the Q3 2016 to enormous money spent on cost of sales...

Against the background of the current paucity of forex, the Dangote Group has said it is currently driving six major projects, which will generate foreign exchange earnings of about $15n annually for the nation. The group, according to its President, Aliko Dangote, is investing a...

The current recession rocking the Nigerian economy has hit one of the biggest employers of labour in the country outside of the government as the Dangote Group, belonging to Africa’s richest man, Aliko Dangote, has fired 48 members of staff. Our correspondents gathered that those...

...Plans to venture into dairy production The President, Dangote Group, Aliko Dangote has stated that Nigeria’s quest to diversify its economy away from crude oil cannot be achieved if there is little or no foreign exchange available for private sectors to work with. Dangote called on...

The Dangote Sugar Refinery Plc, a member of Dangote Group, has  said it plans to produce between 1.5 and 2 million metric tons of refined sugar annually from locally produced sugarcane. The Acting Group Managing Director, Mr. Abdullahi Sule, made the disclosure at the 2016 World...

As Nigerians list opportunity costs of the present hard times and steps the Governments is taking to rescue the economy from the current shambles, the Africa’s richest man, Alhaji Aliko Dangote, recently suggested sales of some of the national assets in order meet urgent...