ATIKU

Nigeria’s foremost conglomerate, Dangote Industries Ltd is to invest $300 million (N50 billion) in rice production to make the country, self sufficient in rice production and also stop importation of the product into the country. The President of the Group, Aliko Dangote last week at the World Economic Forum (WEF), Davos Switzerland said his Group’s […]

Members of the Organised Private Sector (OPS) have described as unprecedented the institution and implementation of some economic policies of the federal government which have helped in reviving the hitherto moribund manufacturing sector of the economy. They said that the commitment to the effective implementation of the policies has led to phenomenal increase in the […]

In furtherance of the Group’s pan-African expansion drive, not less than five cement plants belonging to Dangote Cement and spread across five countries in Africa will be completed this year, the Company has disclosed. The plants at various stages of construction, according to the Group President and Chief Executive, Aliko Dangote will add about 13.5 […]

Aliko Dangote, Africa’s richest person and the President of Dangote Group, one of the continent’s largest conglomerates is estimated to have added a whopping $9.2 billion during 2013 outgone year. He remains the 30th-richest person in the world, according to Bloomberg, a global financial intelligence. While the widely respected media corroborated Forbes Africa, reporting that […]

The focus of Dangote Group in empowering the youth and making them believe in themselves was well applauded by the Government of Cross Rivers State over the weekend, when the Group was described as corporate body with the best approach to youth empowerment and development in the country. The wife of the Governor, Barrister Obioma […]

First Bank of Nigeria Ltd, Nigeria’s leading customer centric bank, has restated its unwavering commitment to continually work with Cross River State and other relevant government agencies, in the execution of the annual Calabar Carnival in line with its resolve to promote culture and heritage. Having come through a rich heritage of almost 120 years, […]

Pan African conglomerate, the Dangote Group has said that its donation of N50 million to the 2013 Lagos Count Down, a project of the state government, was meant to stimulate the economic activities during this year end and help showcase the natural richness of the state.   The Group had shown leadership among other corporate […]

The management of Dangote Sugar Refinery Plc (DSR) has said the company will employ thousands of Nigerians in its proposed sugar plantations to be sited in Sokoto, Kebbi, Jigawa, Taraba, Kogi and Kwara States.   The company’s new Group Managing Director, Mr. Graham Clark, made this known during an interactive session with journalists in Lagos […]

Nigeria’s Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has been elected as Alternate President of the Organisation of Petroleum Exporting Countries (OPEC) for one year, at the 164th meeting of organisation at Vienna, Austria. A statement posted on OPEC’s website also announced the election of the Dr. Abdel Bari Ali Al-Arousi, Libya’s Minister of Oil […]

Winners have emerged in the third edition of the UBA National Essay Competition for Senior Secondary Schools in Nigeria. In a keenly contested competition, Master Ezenwa Joseph Okonkwo, a fifteen year old student of Ambol Comprehensive High School, Akesan-Igando, Lagos, won the coveted prize of N1m educational grant, from nearly 2000 entries received across the […]

To cushion the hardship occasioned by emergency imposed on some communities in three states in Northern part of the country, Dangote Foundation over the weekend commenced the disbursement of micro grants to vulnerable women and youths in Borno state to the tune of N540 million. The grants disbursement which was flagged off by the Governor […]

To deepen the participation of indigenous oil companies in the upstream sector of the oil and gas industry, the Federal Government on Thursday commenced the second oil marginal fields licensing round with assurance of transparency and accountability. Declaring the bid round open at a press conference in Abuja on Thursday, Minister of Petroleum Resources, Mrs. Diezani […]