The Dangote/Abdulsamad rivalry 

November 14, 2023 Ishaku Adams 0

The Dangote Refinery is one of the largest and most ambitious industrial projects in Africa. Located in Lekki, Nigeria, the refinery has a refining capacity of 650,000 barrels per day, making it a game-changer in the oil and gas industry. Dangote’s vision extends beyond national borders, with plans to transform Nigeria into a net exporter of refined petroleum products. In Read More

LCCI hails Dangote on poverty reduction, job opportunities

November 9, 2023 David Agba 0

Organized Private Sector under the auspices ofù the Lagos Chamber of Commerce and Industry (LCCI), Wednesday lauded the contributions of Dangote Industries Limited (DIL) to poverty reduction efforts of the Federal government, especially the massive employment opportunities for the nation’s teeming youths. Alluding to the thousands of jobs the Dangote Refinery will generate when fully operational, Dr Micheal Olawale-Cole, President Read More

Things you should know in Dangote vs BUA face-off

November 5, 2023 Adejayan Gbenga Gsong 0

Dangote and BUA are two of the largest business entities in Nigeria, and they are also two of the biggest rivals in the cement and sugar industries. The rivalry between the two groups is intense, and it has been playing out in the courts, in the media, and even on the streets. Dangote Cement is the largest cement producer in Read More

Dangote refutes FX deals allegation, heaps allegations on BUA

November 4, 2023 Benjamin Umuteme 0

Management of Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling the allegation of economic sabotage against the company to desist from such underhand practices. It gave the warning following claims in some sponsored reports in the online media, suggesting that the company is being probed for alleged illegal foreign exchange Read More

Dangote up-skills host communities in sustainability campaign

October 31, 2023 David Agba 0

Skills Development Workshop, Sustainability Awareness Campaign and Corporate philanthropy were some of the high points of the weeklong Sustainability programme at the Obajana Plant of the Dangote Cement Plc. Sustainability Lead at the Obajana Plant, Dr. Eseosa Ighile, said this year’s Sustainability programme, themed “Sustainable Production and Consumption – The Dangote Way” was very impactful. Dr. Ighile said the company Read More

Nigerian brands rank high with Dangote, Access Bank on top 10

September 6, 2023 Blessing Anaro 0

Indigenous brands have continued to dominate the various industries in the country with a rapid growth trajectory among the top 10 leading brands in the country. This was revealed in the latest Top 50 Brands evaluation and rating by Top 50 Brands 2023, an independent firm involved in the evaluation and rating of corporate brands in the country, specifying that Read More

Ibeju Lekki residents applaud Dangote Refinery CSR activities

August 15, 2023 Blessing Anaro 0

Ibeju Lekki residents applaud Dangote Refinery CSR activities The Committee of Baales and some residents of Ibeju Lekki, Lagos have showered encomium on the Management of Dangote Refinery, on its social responsibility initiatives. They expressed appreciation to the company for providing vital infrastructure for their communities, repairing all the entrance roads of the 15 host communities by grading, sand filling, Read More

Dangote, BUA Cements spend N204.925bn on power in H1 2023

August 9, 2023 Segun Odunewu 0

Due to erratic power supply, Nigeria’s two biggest Cements factories, Dangote Cement and BUA Cement spent a whopping sum of N204.925 billion in fuel and power during the half year ended June 30, 2023. A look at the financials showed that Dangote Cement spent the sum of N157.020 billion on alternative power during the half year 2023 as against N129.957 Read More

Dangote Refinery will save forex – IPMAN

July 25, 2023 Blessing Anaro 0

The Independent Petroleum Marketers Association (IPMAN) has asked Nigerians to remain hopeful, saying the Dangote Refinery will save the country billion of dollars, urging that, the government of the country should be made to account for the huge revenue accruing from the subsidy removal. “When Dangote Refinery commences operation, it will save the country billions of forex and also create Read More

Dangote Granite mines offer scholarship to students in communities

July 11, 2023 Blessing Anaro 0

It was an atmosphere of excitement at the weekend as Dangote Granite Mines, Ijebu Igbo, a subsidiary of Dangote Group, awarded multi-million Naira scholarships to 60 host communities’ students in various schools in the country as part of its Corporate Social Responsibility (CSR) to foster educational development in its host communities. The company also promised the beneficiaries automatic employment should Read More

Dangote doles out millions of naira to Nigerian returnees from Sudan

June 30, 2023 David Agba 0

The Aliko Dangote Foundation(ADF) has offered relief to more Nigerian nationals fleeing the conflict in Sudan. The recent, One Hundred and Twenty-Five (125) persons including many disabled, flown into Abuja by Tarco Airline on Saturday, June 24th, each received N100,000 naira and dignity packs courtesy of the Aliko Dangote Foundation. It will be recalled that over 2,278 returnees received N100,000 Read More

Revealed! How Dangote is using business to unite Nigerians

June 26, 2023 David Agba 0

Africa’s top philanthropist Aliko Dangote walked off yet another royal accolades for his business acumen and efforts to bring all Nigerians together. This endorsement came from a Monarch in Kogi State, HRH the Baalo of Oyo, Oba Solomon Obahawu during the Foundation Laying Ceremony for the construction of a secondary school and the debut of a newly dug borehole by Read More

South African Johann Rupert overtakes Dangote as Africa’s richest man

June 19, 2023 Blessing Anaro 0

South African Johann Rupert has displaced Nigerian billionaire businessman Aliko Dangote to become Africa’s richest man, Forbes Magazine said. Rupert’s net worth is currently $12 billion according to Forbes Real-time Global Billionaires Ranking, while Dangote trails behind him with a net worth of $10.8 billion as of Friday. Dangote’s net worth dropped due to the recent operational charges on the Read More

VIDEO: Watch as Tinubu hosts Bill Gates, Dangote

June 19, 2023 Solomon Arowolo 0

President Bola Tinubu is currently hosting former world richest man, Bill Gates, at the Aso Rock Presidential Villa in Abuja. The co-founder of Microsoft is accompanied by the President of Dangote Group, Aliko Dangote. The visit, Blueprint learnt is part of the Gates Foundation’s commitment to working closely with communities and leaders to support innovation.

Breaking: Tinubu hosts Bill Gates, Dangote [VIDEO]

June 19, 2023 Rosemary Moribirin 0

The Chairman of the Dangote Group, Aliko Dangote, and Bill Gates, an American business mogul, have paid a visit to President Bola Tinubu at the Aso Rock Presidential Villa in Abuja. This visit was a reflection of the Gates Foundation’s dedication to collaborating with communities and leaders to foster innovation and provide support. This was disclosed in a video shared Read More

New Africa’s richest man emerges, Dangote drops

June 18, 2023 Solomon Arowolo 0

Nigerian billionaire businessman Aliko Dangote has dropped as Africa’s richest man. Forbes Magazine in its new report, revealed South African Johann Rupert as the new Africa’s richest man. Rupert’s net worth is currently $12 billion according to Forbes Real-time Global Billionaires Ranking, while Dangote trails behind him with a net worth of $10.8 billion as of Friday June 16. Dangote’s Read More

MTN, Dangote, Zenith Bank among Nigeria’s most profitable companies

June 6, 2023 Segun Odunewu 0

NTN Nigeria, Dangote Cement and Zenith Bank are among Nigeria’s five most profitable companies in Nigeria, demonstrating resilience and achieving impressive financial results in 2022 despite economic challenges. MTN Nigeria emerged as the most profitable company with significant revenue growth and increased dividends to shareholders. According to its audited 2022 financial report, the telecom giant recorded a profit before tax Read More

6 years on, Dangote remains ‘most admired brand in Africa’

June 6, 2023 Blessing Anaro 0

For the sixth consecutive year, the Dangote brand has been adjudged as the Most Admired African Brand among top 100 brands in the continent. Dangote, as the most Admired African when respondents are prompted to recall an African brand specifically was followed by the Telecommunication outfit, MTN in the second position and the Digital Satellite Television (DSTV) coming third, both Read More

Dangote, Otedola, Ovia, others rake N506bn as dividends in 2022

May 30, 2023 Segun Odunewu 0

Chairman of Dangote Group, Aliko Dangote, Femi Otedola, Jim Ovia and two other top Nigerian businessmen earned N506 billion as dividend in 2022, Blueprint Newspaper has gathered. A cursory analysis of the financial statements of listed companies on the Nigerian Exchange reveals that about 60 companies have so far declared dividends worth over N1.5 trillion for the 2022 financial year. Read More

As Dangote Refinery comes on stream…

May 24, 2023 Nurudeen Dauda 0

To start with, few days to the end of President Olusegun Obasanjo administration in 2007 he privatised 51% stakes of our moribund Kaduna and Port Harcourt refineries to a business consortium led by Alhaji Aliko Dangote with the aim of resuscitating them by the consortium for local refining, but soon after late President Yar’adua took over power he revoked the Read More

Buhari, 5 African Presidents set to commission 650,000-bpd capacity Dangote Refinery

May 22, 2023 Benjamin Umuteme 0

In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, President Muhammadu Buhari will Monday (today) commission Dangote Petroleum Refinery & Petrochemicals, the world’s largest single train refinery in Ibeju-Lekki, Lagos, alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad. Promoted by Africa’s richest man, Aliko Dangote, the petroleum refinery with a capacity to process Read More

Dangote Cement quotes additional series of CPs on FMDQ’s platform

May 11, 2023 Amaka Ifeakandu 0

FMDQ Exchange, has approved the quotation of the Dangote Cement Plc N44.00 billion Series 4 and N46.00 billion Series 5 Commercial Papers (“CPs”) under its N150.00 billion CP Programme on its platform. Dangote Cement Plc is one of Africa’s largest cement producers, with a production capacity of 51.6 million tonnes per year across ten (10) countries. The proceeds from the Read More

Aliko Dangote close in on French club takeover

April 25, 2023 Admin III 0

African richest man, Aliko Dangote, is reportedly close to sealing a deal to purchase a French team, Valenciennes FC. The 86th richest man in the world, who alone controls up to 25% of all African billionaires’ fortune, would reportedly conclude a transaction of 10 million euros to acquire the French Ligue 2 team. The French media outlet, Entreprendre, claimed that Read More