The Kano State government has approved the renaming of the Kano State University of Science and Technology, Wudil. The State Executive Council approved this at its last sitting presided over by Governor Abdullahi Ganduje. The state Commissioner...
Dangote Cement Plc says it has completed the issuance of N116 billion series 2 fixed rate senior unsecured bonds under its N300 billion multi-instrument issuance programme. In June 2021, the cement producer had successfully issued N50...
Dangote’s 650,000 barrels per day (bpd) oil refinery is due to begin production by the fourth quarter of 2022, according to Group Executive Devakumar Edwin. Edwin said during a site tour with Nigeria’s Information Minister Lai...
President Muhammadu Buhari has approved the renewal of the appointment of Mr Olukayode Pitan as the Managing Director of the Bank of Industry for a final term of five years. A statement issued on Tuesday by...
Dangote Sugar Refinery says it recorded N276.50 billion in revenue in 2021, a 28.8 percent from the N214.30 billion recorded in 2020. According to the company, a gross profit of N50.21 billion and profit after tax...
President Muhammadu Buhari on Tuesday launched a N62 billion trust fund to help Nigeria end AIDS as a public health threat and place more people living with HIV on treatment annually. Speaking at the launch of...
Nigeria’s giant new Dangote oil refinery will start processing crude in the third quarter of this year. Mechanical work on the refinery is complete and “hopefully before the end of third quarter we should be in...
Popular Nigerian disc jockey, singer and producer, Florence Otedola, has stated that her godfather, Dangote, is the richest Blackman. She said this in a tweet she tagged American music mogul, Kanye West. Her tweet comes months after...
Dangote Cement Plc says it would purchase 170 million units of its common stock from the open market in the latest phase of the share buyback scheme it launched in December 2020, a move hoped...
During a condolence visit to the Dangote family yesterday, Vice President Yemi Osinbajo said the deceased collaborated with the government on many policies. Sani, the younger brother of Aliko Dangote, Africa’s richest man, died on Sunday...