Nigerian Exchange (NGX) closed higher on Wednesday as performances from major stocks including Airtel Africa and Dangote Sugar, boosted the market capitalization by N628.5 billion.According to data from the NGX Daily Official List, the market capitalization rose to N155.78 trillion from N155.15 trillion recorded on Tuesday. The All-Share Index...
Dangote
President Bola Tinubu has extended warm felicitations to Alhaji Aliko Dangote (GCON), Africa’s leading industrialist, accomplished businessman, and Chairman of Dangote Group, on his birthday on Friday, April 10. President Tinubu in a statement by his spokesman, Bayo Onanuga, acknowledged Dangote’s outstanding contributions to Nigeria and Africa’s economic growth and...
Vice President Kashim Shettima has charged members of the National Council on Skills (NCS), comprising federal ministries, state governments, and the private sector, to ensure that Made-in-Nigeria products and services remain synonymous with world-class standards. He urged the council to leverage the restless, inventive spirit of the Nigerian people—evident...
Africa’s wealthiest entrepreneurs have once again been spotlighted as Forbes releases its 2026 Africa Billionaires ranking, with Nigeria’s Aliko Dangote, Mike Adenuga, Femi Otedola, and Abdulsamad Rabiu leading the pack. Topping the list, Aliko Dangote retained his title as Africa’s richest man, with an estimated net worth of $28.5...
Dangote Industries has appointed the Chief Executive Officer of MTN Group, Ralph Mupita, to the board of Dangote Fertiliser Limited, as the company steps up preparations for a planned listing on the Nigerian Exchange (NGX). The appointment was confirmed by the Managing Director of Dangote Fertiliser, Vishwajit Sinha, in...
Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed that its investigation into former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, will continue, even after Aliko Dangote withdrew a petition against him. The commission said it received a “notice of...
Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has issued a detailed public response to allegations linked to businessman Aliko Dangote, firmly denying claims of financial impropriety and formally inviting anti-corruption agencies to scrutinise his assets and transactions. In a statement...
In a decisive move over an unpaid $1.4 million debt, the Federal High Court in Abuja has appointed a liquidator to oversee the winding up of Dantata & Sawoe Construction Company Limited. The court’s action stems from the company’s failure to settle a debt owed to Zutari Consulting Nigeria...
Arewa Consultative Forum (ACF) turned Kaduna into a gathering of Northern giants on Friday as it marked its 25th anniversary with a roll-call of influential leaders—living and departed—honoured for their service to the region and the nation. Presided over by former Vice-President Atiku Abubakar, the commemorative event drew statesmen,...
Dangote Cement Plc has emerged as Nigeria’s top tax-compliant organisation for 2025, following a rigorous assessment conducted by the Federal Inland Revenue Service (FIRS). The company’s Group Head of Tax and Compliance, Mojisola Ogunlade, confirmed the development in a statement issued on Monday in Lagos. She said the award...
When I arrived the Barber’s shop, there was excitement. Recitations of my past heroic exploits in the realm of journalism and contacts with the high and mighty in government and power filled the air. I had always gone and returned to the folks at the Barber’s shop. They are...
Dangote Cement Plc has distributed N3.3 trillion in dividends to its shareholders over the past 15 years, as announced during its “Facts Behind the Figures” presentation at the Nigerian Exchange Ltd. (NGX) in Lagos on Wednesday. Emmanuel Ikazoboh, who recently succeeded Alhaji Aliko Dangote as Chairman, emphasized the company’s...
Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has accused Aliko Dangote and his cousin, Sayyu Dantata, of pursuing an anti-union agenda that jeopardizes workers’ rights and threatens the livelihoods of thousands in the oil and gas sector. In a statement issued on Friday in Abuja, NUPENG’s National...
Federal Road Safety Corps (FRSC) has expressed profound sorrow over the tragic passing of Miss Ruth Otabor, a victim of a fatal crash involving a Dangote truck and a commercial motorcycle on August 11, 2025, near the Sports Complex of Auchi Polytechnic along Auchi Road, Edo State. Despite medical...
The management of Dangote Cement Plc has said that it is saddened by the passing this evening of Ruth Otabor, who was injured in a recent road incident involving one of its trucks in Auchi, Edo State. Ruth was hit by a Dangote Cement truck on August 13, 205...
The community of Auchi is in mourning following the tragic death of Ruth Otabor, sister of reality TV star Phyna, who passed away on Sunday after being struck by a Dangote truck in a devastating road accident. The incident, which occurred on the 15th of August , 2025 in...
Dangote Group has vowed to provide comprehensive medical care and compensation for Ruth Otabor, sister of Big Brother Naija Season 7 winner Josephina “Phyna” Otabor, following a severe accident involving one of the company’s trucks near Auchi Polytechnic in Edo State. The incident left Ruth with critical injuries, including...
By OLA MODUPE, Lagos- Lagos State chapter of the Nigeria Labour Congress (NLC) has called on Dangote Industries Ltd. to allow its employees to join workers’ unions to safeguard their rights and enhance workplace conditions. The appeal was made by NLC Lagos Chairperson, Funmi Sesi, during a Tuesday tour...
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