Celebrated diplomat and African Union High Representative for Silencing the Guns, Dr. Mohamed Ibn Chambas, has described the 650,000bpd Dangote Refinery, as a transformational project that would propel Africa out of poverty. The Chairman of the African Union High-Level Panel on Sudan made this statement during his visit to the Dangote...
As part of its social investment programme aimed at promoting educational development in its host communities, Dangote Granite Mines Limited has awarded multi-million naira scholarships to secondary school and tertiary institution students from Ijebu-Igbo in Ijebu-North local government area of Ogun State over the weekend. The company stated that the scholarship initiative...
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has received two awards of excellence at the Global SME Finance Forum Conference Awards 2024 which held in São Paulo, Brazil between September 16 & 18, 2024. The awards received are SME Financier of...
Nigerian-American businessman, Dr Osayande Aghaze has revolutionised the electric vehicle (EV) charging industry with his groundbreaking invention -the detachable EV solar charger. This innovative device, set to be available to the public from Wednesday, January 1, 2025, according to him, was not only designed to alleviate the crippling fuel crisis...
For the seventh consecutive years, Dangote Industries Limited, has again emerged as most valuable brand in Nigeria, leading other top brands like MTN, Airtel, Access Bank, Globacom and many others. The latest report of the TOP 50 BRANDS NIGERIA® rankings, an annual celebration of the most influential and valuable brands in...
NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited, as part of its social investment initiatives, during the week commissioned and handed over a borehole to one of its host communities, Alayabiagba Community Ajegunle, in Ajeromi Ifelodun LGA, Lagos during the week in a move to help solve...
The Economist Intelligence Unit has issued a warning that further delays in crude oil feedstock to the Dangote Petroleum Refinery and Petrochemicals could jeopardise Nigeria’s economic recovery and put additional pressure on the naira. The research and analysis division of the Economist Group said the Dangote refinery which began production...
The management of Dangote Refinery has dismissed reports in some quarters that the firm set the petrol price at ₦600 per liter, labeling the claims as “speculative announcements” without any foundation. This was contained in a statement signed on Tuesday by the Group Chief Branding and Communications Officer of Dangote...
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has partnered with the Ekiti State Government through the Ministry of Wealth Creation and Employment to launch the Ekiti-Wema MSME Empowerment Programme for youth and businesses in Ekiti State. Launched on Monday, August 5th, 2024,...
GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the national scale long-term issue rating of AA+(NG) accorded to each of Dangote Industries Funding Plc’s Series 1...