Tag: Dangote Group
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Nigerian Exchange woos Dangote to list refinery, fertilizer
Dr Umaru Kwairanga, Chairman of Nigerian Exchange Group, has called on the Dangote Group to consider listing its refinery and fertilizer businesses on the Nigerian Exchange.
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How Dangote and Air Peace rose up against economic strangulation of Nigeria – By Magnus Onyibe
Nigeria recently spent as much as N2.34 trillion in six months to service a humongous public debt that is currently in excess of N107 trillion that she is saddled with. That is why the country’s national budget of N27.5 trillion for 2024 has nearly half of it appropriated for settling the nation’s outstanding debt, which…
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NGX All-Share Index crosses 100,000 mark, up 3%
The Nigerian Exchange Ltd. (NGX) All-Share Index on Wednesday rose by three per cent or 2,954.14 points to cros 100,000 mark, closing at 101,571.11.
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Dangote Group addresses EFCC investigation
The management of Dangote Industries Ltd. on Sunday reacted to the raid on its Lagos head office by the Economic and Financial Crimes Commission (EFCC). The multi-product group, in a statement in Lagos, said it was prepared to assist the government agency in its investigation on foreign exchange allocations when Godwin E
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‘We own Obajana Cement plant’ – Kogi counters Dangote Group 100% ownership claim
Kogi State Government has dismissed the Dangote Group’s claim of 100% ownership of Obajana Cement plant, saying the govt maintains its stance on the ownership of the plant. “As a government, we maintain that Obajana Cement Company was solely founded in 1992 and owned by the state,” it stated in a statement issued on Thursday…
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Protests over controversial Obajana cement factory
Youths on Wednesday in Lokoja the Kogi State capital staged a protest over the contentious acquisition of the Obajana Cement Plant (OCP) by Dangote Industries Limited (DIL) in 2002. A similar protest took place in Abuja on Tuesday, when a group identified as Mass Action Against Corruption, accused DIL of exploiting the state and “fraudulently”…
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We own Obajana Cement plant 100% – Dangote Group
The management of Dangote Industries Ltd. (DIL) says it owns Obajana Cement 100 per cent and its acquisition in 2002 followed due process. The company said this in a statement issued by Mr Anthony Chiejina, Group Head Branding and Communications, DIL, titled, ‘Obajana Cement Plant: Separating Facts from Fiction.’
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![[Video/photos]: Kogi indigenes protest against Dangote Group](https://thenewsguru.ng/wp-content/uploads/2022/10/WhatsApp-Image-2022-10-11-at-1.41.46-PM.jpeg)
[Video/photos]: Kogi indigenes protest against Dangote Group
The conflict between the Kogi State government and the Dangote Group over the ownership of Obajana cement took a new turn in the early hours of Tuesday, as citizens of the state occupied all mining sites across the state to express their plight over the alleged exploitation of the Dangote Group. This comes just hours…
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Kogi Govt moves to recover cement company from Dangote
The Kogi State Government on Thursday moved to recover Obajana Cement Plant from Dangote Company Limited.
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Dangote emerges the Most Valuable Brand in Nigeria for 5th year
A brand and marketing research firm known as Top 50 Brands Nigeria has listed Dangote as the Most Valuable Brand in the country for the 5th year. Dangote came out as the winner in the outcome of the 2022 corporate brand evaluation conducted by the firm. A statement by the organizer stated that Dangote, MTN…