For the first time since its inception, Dangote Cement Group’s earnings before interest, taxes, depreciation, and amortization (EBITDA) reached an all-time milestone of N1,382.0 billion, crossing the N1 trillion mark, an increase of 56 per cent. In the same vein, Earnings per share also increased by 12.3 per cent to N29.74 as against 2023’s record…
….Kano, Lagos, seven States get thousands of bags of rice, more to follow
Dangote Petroleum Refinery recently achieved a significant milestone by successfully exporting two jet fuel cargoes to Saudi Aramco, the world’s largest oil producer and a leading integrated oil and gas company globally. Saudi Aramco is the official Saudi Arabian Oil Company, which is a majority state-ownedpetroleum and natural gas company that is the national oil company of Saudi Arabia….
Chairman of Aliko Dangote Foundation (ADF) and Chairman, National Committee on Flood Relief and Rehabilitation, Mr. Aliko Dangote, has donated a whopping sum of one billion Naira to help assuage the pains of the Maiduguri flood victims in Borno State. The Presidential Committee on Flood Relief and Rehabilitation (PCFRR), which Dangote heads, also donated another…
Aliko Dangote University Suspends Lecturer For Maltreating Students In Viral Video
At the World Economic Forum Annual Meeting 2011 in Davos, Switzerland, Aliko Dangote, President, and Chief Executive Officer of the Dangote Group, learned about the Forum of Young Global Leaders (YGLs) and the tremendous potential of this unique World Economic Forum community to develop the next generation of African leaders from all parts of society….
SIFAX Inland Container Terminal, a subsidiary of SIFAX Group, has achieved a massive feat by recording 8,736 hours of zero lost time to injury (LTI) during operations at the terminal. This was disclosed by Mr. Paul Linden, Managing Director, SIFAX Inland Container Terminal, during the company’s Health, Safety and Environment (HSE) Week held…
Nigerian Billionaire Aliko Dangote is now the world’s 61st richest man, he was ranked as the world’s 67th wealthiest person. Aliko Dangote, the founder of the most diversified Manufacturing conglomerate, Dangote group has surpassed $21 billion in net worth for the first time since 2014 when his wealth fell from $25.7 billion to below $15 billion. Truetells Nigeria…
Africa’s biggest cement manufacturer, Dangote Cement, has ramped up production at its newest plant, in Okpella Edo State even as its earnings per share rose by 16.8 percent to N6.18 in the three months ended March 31, 2022. Ramping up production at the Okpella plant is part of efforts to increase cement supply in Nigeria as…
For the full year ended December 31, 3021, the Management of Dangote Sugar has revealed that the group’s production volume increased by 9.2 percent to 811,962 tonnes in contrast to 743,858 tonnes, in the corresponding period of 2020. This volume was said to be achieved on the strength of improved operational…
