Dangote Invests $1.2m In Congo Bridge Completion   In pursuit of its Corporate Social Responsibility(CSR) drive in Mfila, Congo Brazzaville, where it just opened a $300m, 1.5 million-metric-tonne capacity cement plant, President/CE of Dangote Group, Aliko Dangote has said it has set aside $1.2 million for...

About 65 percent market share of cement industry in Nigeria is dominated by Dangote cement plc, a report has shown. Outside of Nigeria, other African plants’ volumes went up by 7.5 per cent to 7.0 mta. The cement company has in the past months expanded its...

Dangote Flour Mills has exited the noodles business and sold its assets to Dufil Prima Foods, makers of Indomie noodles, saying it no longer consider it as strategic. Dangote Flour Mills, which made the announcement on Tuesday, said in order to smoothen the transition, it...

The President of the Dangote Group, Alhaji Aliko Dangote; and Chairman of Globacom, Dr. Mike Adenuga, saw their net worth declined by $3.2bn and $4.2bn, respectively in the past year, according to Forbes 2017 World’s Billionaires list. Dangote retained his position as Africa’s richest person...

Presidency on Sunday said that Nigeria has witnessed a great leap in rice production such that Thailand and other Asian country producing for the country were not shutting down their plants. It also revealed that the giant strides of the government in rice farming...

The Treasury bills market traded slightly bearish on Wednesday with yields up by 30 basis points on the average. This development, analysts at Vetiva Capital Management Limited, said, was a reaction to the Monetary Policy Committee decision to raise the Monetary Policy Rate. The most significant...