Tag: Dangote Industries Funding Plc

Dangote refinery secures licence to refine crude oil
featured

Dangote deny illegal FX dealings, money laundering allegations

    Dangote Industries Limited’s management has denied allegations of involvement in illicit foreign exchange transactions and cautioned against spreading such accusations, which they consider as acts of economic sabotage against the company. This statement comes in response to reports in certain media outlets (excluding The PUNCH) that implied the company was under investigation by […]

Banking

Dangote Industries ends N187.58bn bond issue

Dangote Industries Funding Plc has announced the completion of a N187.58bn Series 1 (Tranche A and Tranche B) Fixed Rate Senior Unsecured Bond Issue under its N300bn Debt Issuance Programme. The bond issue represents the largest local currency bond issuance by a corporate issuer in the history of the Nigerian debt capital markets, according to […]