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Dangote Cement Pays N273bn Dividend

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

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

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

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

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...

Dangote To Commence Crude Oil Production In July

Dangote To Commence Crude Oil Production In July   The President, Dangote Industries Limited, Aliko Dangote, will begin oil production in July from two assets he acquired from Royal Dutch Shell Plc. Dangote, Africa’s richest man, is working with Chinese and Malaysian contractors and has completed a...