Dangote Group

Phyna’s Sister Ruth Dies 18 Days After Dangote Truck Accident

Ruth Otabor, the younger sister of Big Brother Naija Season 7 winner Ijeoma “Phyna” Otabor, has died from injuries sustained in a truck accident in Auchi, Edo State. She passed away on Sunday, August 31, 2025, at about 6:30 a.m., just 18

September 1, 2025

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

Business·News

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 national scale long-term issue rating of AA+(NG) accorded to each

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 the National Manufacturing Policy Summit in Abuja, he said, “Nobody

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 in an analysis of financial statements published by the Nigerian

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 Petrochemical Refinery.

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.

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 85 entities, including corporate bodies and individuals. The move signals

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 Group’s headquarters in Lagos was reportedly aimed at investigating the

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 and Abdulsamad Rabiu. The fact that both men are from

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 food production companies, said foreign companies have turned Nigeria into

October 24, 2022

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Phyna’s Sister Ruth Dies 18 Days After Dangote Truck Accident

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

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