Dangote Sinotruk firm targets 60% local content by 2019

Dangote Sinotruk West Africa Limited has said that it is increasing its local input into the assembling plant to up to 60 percent within the next one year, even as it plans to roll out commercial vehicles soon. The expansion drive, which is part of the backward integration plan, is meant to enhance value addition […]

NCDMB lauds Dangote Group on local content law compliance

The Nigerian Content Development and Monitoring Board (NCDMB) has commended the management of Dangote Petroleum Refinery and Petrochemical (DPRP) over its adherence to the local content law in the execution of its projects. This is just as the board expressed its intention to partner the group for effective implementation of the Local Content policy in […]

Dangote Group, UBA, others win capital market awards

It was a celebration of excellence for companies that emerged tops in various categories on the Nigerian Stock Exchange (NSE) at the weekend in Lagos. The event, the maiden CAMCAN Nigeria Capital Market Performance Awards 2018 initiated to reward resilience based on performance of companies listed on the NSE for the year ended December 31, […]

Top 50 Brands: Dangote emerges most valuable brand in Nigeria

Dangote has emerged as the most valuable brand among the top 50 brands in Nigeria for 2018 unveiled at the weekend in Lagos. This is coming barely three months after the brand was adjudged the most admired brand of African origin by Consumers in a brand rating coordinated by South Africa based Brand Leadership in […]

Dangote refinery targets 650,000 barrels of crude per day

  Nigeria’s first indigenous private refinery, Dangote Refinery, has hinted of its capacity to refine about 650,000 barrels of crude oil per day when it finally becomes operational. The target, in real terms, would save over $7.5 billion the country expends annually through petrol import substitution, and will put Nigeria on the global map as […]

Dangote Cement issues N50bn Series 1 & 2 Notes

Dangote Cement Plc, Africa’s largest cement producer, has announced the issuance of N50 billion Series 1 and 2 Notes under its N150 billion Commercial Paper Programme. A news report on Wednesday by African Press Organisation (APO) Group on the transaction indicated that the Series 1 and 2 Notes would be listed on Nigeria’s FMDQ OTC […]