ATIKU

…Urges Nigerians to have faith in nation’s economy President of Dangote Group and Chairman of Dangote Cement Plc, Aliko Dangote has urged Nigerians to see the current challenges faced by the country as a passing phase which will further strengthen the country economically in the future 
Dangote who has always expressed his abiding faith in Nigeria as an […]Read More

  … As PENCOM Grants 12-Month Window for Compliance The Management of the Nigerian National Petroleum Corporation (NNPC) on Monday assured members of staff and the general public that it is taking steps to avert a looming industrial action by the Corporation’s arm of the National Union of Petroleum and Natural Gas Workers (NUPENG) and […]

In full compliance with the directive of the Standards Organisation of Nigeria (SON) on the various grades of cement and their prescribed uses, Dangote cement Plc has announced plans to launch its brand of the premium 32.5 cement grade, selling N200 lower than the price of higher strength 42.5 Addressing newsmen in Lagos yesterday on […]

E-commerce in Africa is set to receive a boost as United Bank for Africa (UBA) Plc has introduced an online payments and collections platform tagged U-bills. The online payment platform has been enabled in all the 19 countries where UBA has operations. U-bills, is a collection and bill payments platform that allows sellers to collect […]

Dangote Industries and Blackstone on Tuesday announced a commitment to jointly invest up to $5 billion (825 billion) over the next five years in energy infrastructure projects across Sub-Saharan Africa with a particular emphasis on power, transmission and pipeline projects. The investment is facilitated by Black Rhino, a portfolio company of Blackstone Energy Partners and […]

Dangote Industries Limited (DIL) at the weekend signed a memorandum of understanding (MOU) with Federal Ministry of Agriculture and Rural Development (FMARD) to invest $1 Billion (N165 billion) for the establishment of fully integrated rice production and processing operations across Nigeria. President Goodluck Ebele Jonathan presided over the signing of the MOU. The signing of […]

President Goodluck Jonathan has commended the Chairman, Dangote Group, Alhaji Aliko Dangote for investing one $1billion in rice production in Nigeria. The President made the commendation during the signing of the $1 billion-dollar Rice Investment Memorandum of Understanding (MoU), between the Federal Government and Dangote Group at the State House, Abuja on Friday. The Minister […]

Chairman of Cement Manufacturers Association of Nigeria (CMAN), an arm of Manufacturers Association of Nigeria (MAN), Engineer Joseph Makoju, has clarified that the 42.5 cement grade has more superior efficacy over and above the 42.5 grade saying the recent cement standardization by the regulatory authority was in the interest of Nigerians and Nigeria. The technocrat, […]

….promises more intervention Africa’s richest person and the continent’s top donor Aliko Dangote has announced that he is upping his philanthropic works across Africa, starting from his home country Nigeria, a statement from the Group said. The Group which has made whooping donations across Africa said, “Africans must begin to take responsibilities by shaping the condition […]

Petroleum refineries in Nigeria have been retooled and utilisation capacity has been raised to 60 per cent ahead of planned turnaround maintenance, Nigerian National Petroleum Corporation (NNPC) has said. Group General Manager, Group Public Affairs Division, NNPC; Ohi Alegbe made the disclosure in a statement released in Abuja on Thursday. Alegbe quoted, NNPC Group Managing […]

Stakeholders in the stock exchange sub-sector of the nation’s financial economy led by the top management team of the Nigeria Stock Exchange (NSE) have accessed the investment of the Dangote Group in the cement industry and described it as a revolution in the transformation of the economy to a productive one. The Group led by […]

Major cement manufacturers in the country have pledged their commitment to the position of the House Representatives that the 42.5mpa cement grade should be the minimum standard to be produced for general building and construction in the country, while all expired cement should be withdrawn forthwith from the market. Cement manufacturers, BUA, Ibeto and Dangote, […]