Dangote Group

Naira To Strengthen Further As Dangote Industries Repatriates $688m From African Operations

Rating: GCR Affirms Dangote Industries Limited AA+(NG)/ A1+(NG)

GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the

Admin

August 7, 2024

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·News

Dangote Warns High Interest Rates Will Hurt Local Manufacturers

Rising Interest Rates a Major Concern Aliko Dangote, Chairman and CEO of the Dangote Group, has highlighted the adverse effects of rising interest rates on local manufacturers. At the opening session of

Emmanuel Ochayi

July 3, 2024

Business·Currency·News

Naira Depreciation Deals Heavy Blow As Dangote, Nestle Nigeria, MTNN, Others Lose N1.7trn

Major players in Nigeria’s corporate landscape, including Dangote Group, Nestle Nigeria, and MTN Nigeria, among others, faced a loss of N1.7 trillion due to naira depreciation in 2023. This loss was revealed

Emmanuel Ochayi

March 20, 2024

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets

Dangote Refinery: Investors Gain N1.2trn Amid 2 Trading Session Of The Week

Equity investors in Dangote Group's listed companies are celebrating a gain of N1.2 trillion within the first two trading sessions of the week, propelled by the commencement of production at the Dangote

Emmanuel Ochayi

January 17, 2024

Business·News

EFCC’s Invasion Of Dangote Group Office May Scare Away Potential Foreign Investors – MAN DG

The Manufacturers Association of Nigeria (MAN) has berated the Economic and Financial Crimes Commission (EFCC) for the invasion of Dangote Group Limited's office in Lagos last week.

Victor Ezeja

January 9, 2024

Forensic Expert Confirms Forgery Of Buhari’s Signature To Withdraw $26m

Business·News

New Charges Loom For Emefiele In Forex Scandal As Dangote Disputes Allegations

The Economic and Financial Crimes Commission (EFCC) has escalated its investigation into alleged fraudulent foreign exchange allocations during the tenure of former Central Bank Governor Godwin Emefiele, expanding its inquiries to over

Emmanuel Ochayi

January 7, 2024

Business·News

EFCC’s Raid On Dangote Group Threatens Nigeria’s Economy, Lawmaker Warns

The intrusion by the Economic and Financial Crimes Commission (EFCC) into the premises of Dangote Group has sparked concerns about its potential negative impact on Nigeria’s economy. The EFCC’s visit to the Dangote

Emmanuel Ochayi

January 6, 2024

Opinion

Dangote vs BUA: Is This A Business Competition Or Unhelpful Enmity?

There are growing concerns that the long-running feud between Dangote Industries Limited and BUA Group – two of the nation’s biggest conglomerates – has degenerated into enmity between their founders, Aliko Dangote

Etim Etim

November 8, 2023

Dangote Sugar Refinery, NASCON Allied, Dangote Rice To Merge

Business

Africa’s Richest Man, Aliko Dangote, Wants Foreign Textiles Traders Jailed

The richest person in Africa, Aliko Dangote, has called on the Federal Government to jail persons selling prohibited foreign textiles in Nigeria, without the option of fine. Dangote, who owns cement and

Fakoyejo Olalekan

October 24, 2022

Business

Aliko Dangote Finally Reveals Why Kogi State Gov’t Doesn’t Have Shares In Firm

Dangote Group has insisted that the acquisition of Obajana cement factory was done by the books, and the Kogi State Government (KSG) couldn’t fund the stake it was offered. The acquisition has

Fakoyejo Olalekan

October 12, 2022

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Rating: GCR Affirms Dangote Industries Limited AA+(NG)/ A1+(NG)

Dangote Warns High Interest Rates Will Hurt Local Manufacturers

Naira Depreciation Deals Heavy Blow As Dangote, Nestle Nigeria, MTNN, Others Lose N1.7trn

Dangote Refinery: Investors Gain N1.2trn Amid 2 Trading Session Of The Week

EFCC’s Invasion Of Dangote Group Office May Scare Away Potential Foreign Investors – MAN DG

New Charges Loom For Emefiele In Forex Scandal As Dangote Disputes Allegations

EFCC’s Raid On Dangote Group Threatens Nigeria’s Economy, Lawmaker Warns

Dangote vs BUA: Is This A Business Competition Or Unhelpful Enmity?

Africa’s Richest Man, Aliko Dangote, Wants Foreign Textiles Traders Jailed

Aliko Dangote Finally Reveals Why Kogi State Gov’t Doesn’t Have Shares In Firm

Featured Stories

Dangote’s Frequent Price Cuts And Ripples Of Intense Competition In Nigerian Fuel Market

Survey: 65.8% Respondents Want Interest Rate Cut As CBN Holds MPC Meeting

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe [Editorial]

Oil Billionaires Who Recorded Losses In H1 2025

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FAAC Disburses N2.001trn July Revenue To FG, States, LGAs

Canal+ Acquires MultiChoice In $3 Billion Deal: What It Means For Africa’s Entertainment Future

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 23rd August 2025

Morison Reduces Pretax Loss To N3.89m As Revenue Rises 95%

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