The Federal Government and the developers of the 540-megawatts Qua Iboe Power Plant signed a Power Purchase Agreement for the development of the $1.1bn electricity generation station on Thursday. The Dangote Group, Nigerian National Petroleum Corporation and Black Rhino Group, an African energy infrastructure company,...

Dangote Group is not aware of any upcoming 10-year-tax holiday arising from its ongoing construction of the 35 kilometre Apapa to Oworonshoki end of the Lagos-Ibadan Expressway. The Group Executive Director, Strategy, Portfolio Development and Capital Projects, Dangote Industries Limited, Devakumar Edwin, said the company...

The Dangote Group has disclosed plans to invest $1bn in rice cultivation in five states to boost food self-sufficiency in the country. Speaking at the just concluded 2017 Gateway Trade Fair, which held in Abeokuta, Ogun State, a director of the Dangote Group, Mr. Tunde...

The four refineries belonging to the Federal Government may end up as scrap once the Dangote Group begins processing crude oil at its refinery in Lagos by 2019, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said. According to him, if the...

Governor Akinwunmi Ambode of Lagos State has said that food worth at least N3 billion is being consumed daily by 22 million residents of Lagos State, representing N1.095 trillion spent on food items annually in the state. Meantime, Vice President of Dangote Group, Sanni...

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...