Dangote Group Archives

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16

Analysts blame merger denial, forex crisis for Dangote stocks decline

Foreign exchange losses and the Securities and Exchange Commission’s decision to deny the merger proposal of the Dangote Group, which comprises Dangote Sugar Refinery and NASCON Allied Industries, have been blamed for the recent decline in the stock prices of the company. The persistent pressures on inflation and volatility in the foreign exchange market, according […]

monwubukepdnlimited-com
15th August 2024
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Dangote Group receives $105.33m from CBN’s Dutch auction

Dangote Group emerged as a huge winner, acquiring at least $105.33 million in foreign exchange bids in the most recent Retail Dutch Auction held by the Central Bank of Nigeria. This allocation marks about 13% of the $876.26 million that the CBN disbursed to eligible banks, according to Nairametrics. Zenith Bank, Access Bank, Providus Bank, […]

monwubukepdnlimited-com
10th August 2024
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Dangote Group plans $30bn revenue to boost naira

The President of Dangote Group, Aliko Dangote, has said that the $30bn revenue the company plans to generate by 2025 ending will strengthen the naira. This was disclosed by Dangote on Sunday during a tour of the Dangote Fertiliser Limited and Dangote Petroleum Refinery & Petrochemicals, signaling a strategy to become independent from the Central […]

monwubukepdnlimited-com
16th July 2024
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Flutterwave, Dangote Group joins Africa Leaders Business Council

Fintech powerhouse, Flutterwave and Dangote Group have been chosen as members of the Milken Institute’s Africa Leaders Business Council. The newly formed council includes renowned thought leaders, entrepreneurs, investors, and professionals from a variety of fields, including business, technology, finance, sustainability, and innovation, according to Nairametric. According to the institute release, the council’s goal is […]

monwubukepdnlimited-com
11th July 2024
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Federal workers demand N300,000 minimum wage, payment of

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Manufacturers embrace local sourcing to cut high import

OPEC+ approves 188,000bpd oil output increase for August

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Tag: Dangote Group

Analysts blame merger denial, forex crisis for Dangote stocks decline

Dangote Group receives $105.33m from CBN’s Dutch auction

Dangote Group plans $30bn revenue to boost naira

Flutterwave, Dangote Group joins Africa Leaders Business Council

Gambian board studies Nigeria’s compensation scheme operations

NELFUND to end direct tuition payment, begin digital.

Federal workers demands ₦300,000 new minimum wage

Onitsha market hands over ₦430m fake, expired drugs.

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