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Dangote Cement Grows 2017 Profit By 43%

Dangote Cement Grows 2017 Profit By 43%   Dangote Cement Plc has posted a group net profit of N204.25bn for the year ended December 31, 2017, representing a growth of 43 per cent compared to the previous year’s figure of N142.86bn. The group revenue also grew by...

Dangote’s BUK Business School Worth N1.2bn Inaugurated

Dangote’s BUK Business School Worth N1.2bn Inaugurated   Africa’s richest man and President of Dangote Group, Aliko Dangote, has donated a N1.2bn modern business school edifice to the Bayero University, Kano. The business school is said to be the first in the northern part of the country. Christened...

Dangote To BUA: You  Lied  On Claims To Mines Ownership

Dangote To BUA: You  Lied  On Claims To Mines Ownership The last has not been heard of the limestone war between Dangote Group and BUA Group as the  management of Dangote Industries Limited has again vehemently rejected the many assertions of BUA Group, on its...

BUA Group Uses Thugs, Armed Militia to Mine Sites Allocated to Dangote Group- Ministry

BUA Group Uses Thugs, Armed Militia to Mine Sites Allocated to Dangote Group- Ministry The management of BUA Group has been using armed militia, soldiers and policemen to mine marble and limestone in mining sites allocated to the Dangote Group, the Ministry of Mines and...

FG, Dangote, Others Sign $1.1bn Pact For 540MW Plant

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 Denies Tax Holiday Rumor

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...