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Corporate News

Read the latest company news in Nigeria across all sectors, including insurance, oil, and investment.

Dangote Cement Plc, a subsidiary of Dangote Industries Limited, (DIL), paid a total of N412.9 billion into the coffers of the Federal Government as tax for 3 consecutive years. A total of N97.24 billion was paid by Dangote Cement in 2020, N173.93 billion in 2021 and N141.69 billion in...
Dangote Industries Limited has emerged as Nigeria’s most valuable brand for the sixth consecutive year. This achievement was confirmed by the brand and marketing firm, TOP 50 BRANDS NIGERIA, as part of its comprehensive 2023 Top Brands perception assessment. Winning the award for a record 6th time confirms the foremost African indigenous Conglomerate’s unwavering dominance of...
Management of Dangote Refinery have debunked a report published on the online platforms of some media organisations that the company employed 11,000 skilled workers from India while allegedly neglecting youths from Nigeria and other African countries. In his response, the Group Chief Branding & Communications Officer, Anthony Chiejina said the...
Chioma Yvonne Afe resumes as Director External Affairs and Sustainability at leading Independent Energy business Seplat Energy. She is an accomplished strategic Senior Communications Executive and Business Leader. With a demonstrated record of success in developing and implementing high-impact communication strategies that drive business growth, enhance brand reputation and...
The Board of Trustees of the Aliko Dangote Foundation has resolved to be fully involved in the evacuation and resettling of thousands of Nigerians that are stranded in Sudan. Managing Director and Chief Executive Officer of Aliko Dangote Foundation (ADF), Zouera Youssoufou has been in contact with the Management of...
Isidore Agritech Limited has announced the launch of Jinja Marketplace and Jinja Agent Apps, which are revolutionizing agriculture in Nigeria. By leveraging advanced technology, Jinja provides seamless platforms that connect buyers and sellers of agro commodities, extension services, and financing. The Jinja Agent and Marketplace apps offer convenient and efficient...
Despite the economic headwinds that characterised 2022, Dangote Sugar Refinery Plc (DSR) will pay N18.22 billion as dividends to shareholders for the year ended December 31, 2022, while also targeting the production of over 170,000 tonnes of sugar next season. The dividend payout will translate to N1.50 kobo per...
The Corps Marshal of the Federal Road Safety Corps (FRSC), Mr. Dauda Biu has commended Dangote Industries Limited (DIL) for the adoption and implementation of safety standards in the Road Transport Safety Standardisation Scheme (RTSSS) in the company's operations. Mr. Biu, who stated this in Abuja when he hosted a...
Dangote Industries Limited (DIL) has formally listed its N300 billion Series 1 and 2 bonds issued under the Dangote Industries Funding Plc during a grand listing ceremony at both the FMDQ and the Nigeria Exchange Limited (NGX) in Lagos.  Olakunle Alake, Group Managing Director of Dangote Industries Limited told investors...
Management of the pan-African cement manufacturer, Dangote Cement Plc has revealed that once the shareholders at the AGM slated for April 13, 2023, approve the proposal, the shareholders whose names are registered in the Company's Register of Members at the close of business on 30 March 2023 will be...