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Corporate News

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

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...
No fewer than 30 youths from communities around Ibese in Ogun State have graduated from a training programme put together by Dangote Cement Plc, Ibese Plant as a way of transforming society and providing employment opportunities for the youths. The empowerment programme which afforded the youths the opportunity to be...
Executive Director, Commercial, NASCON Allied Industries, Fatima Aliko Dangote has revealed that the Dangote Group has invested in innovative technologies and processes to achieve gender equality and empowerment of all women in the organisation. Besides, Fatima disclosed that women are playing pivotal roles in the success story of the Dangote...
Dangote Sugar Refinery Plc has reported a profit before tax (PBT) of N82.3 billion in the year ended December 31, 2022, indicating an increase of 142 percent to N48,28 billion over N34.billion recorded in the corresponding period in 2021.  According to the annual report of the Sugar company, profit...
As the private sector-led Coalition Against Covid-19 (CACOVID) winds down, President Muhammadu Buhari has commended the initiative of private sector operators, saying the contributions he has received from the Coalition so far has elevated his status among other Presidents of the world. The President, who spoke in Abuja yesterday while...
For Philip Costa, the founder of Incorporated Trustees of Advocates of Solar Panels Association (ITASPA), a Non-governmental Organisation (NGO), the best form of utilising the N239 billion that was recently-allocated to the power sector in the 2023 budget, is in alternative energy. Speaking from his New York residence in the...
To strengthen the coverage of the Nigerian economy, the International Centre for Investigative Reporting (ICIR), in partnership with Dangote Industries Limited, organised a two-day capacity building workshop to train journalists on investigative reporting. The workshop, which took place in the South East geopolitical region recently exposed the journalists to the...
Shareholders of Dangote Cement, unanimously on Tuesday, December 13, 2022, authorised the Management of the company to undertake a share buyback of up to 10 percent of its issued shares, effective from the date of the resolution. The company had earlier indicated an interest in undergoing a share buyback programme,...
Africa’s foremost conglomerate the Dangote Group won the coveted ‘ Overall Most Responsible Business’ Award, just as three of its subsidiaries clinched awards at the 16th edition of the Sustainability, Entrepreneurship and Responsibility Awards (SERAS) held at the Oriental Hotel, Lekki, Lagos. At the well-attended event, which drew stakeholders across...