Aliko Dangote
Sayyu Dantata, a distinguished businessman and half-brother to Aliko Dangote, has announced his intention to sell his luxurious mansion in Ikoyi, Lagos.
The House of Representatives summons Dangote, BUA, and other cement producers in response to allegations that cement companies had increased cement prices.
On Wednesday, March 13, the House of Representatives summoned top cement manufacturers, including Dangote and Abdulsamad of BUA, over soaring cement prices.
Aliko Dangote, Nigeria's and Africa's wealthiest man, has lost significant wealth as the Nigerian currency depreciated against the US dollar and other currencies.
Cement prices are crashing in some states in Nigeria following the intervention of the Nigerian government. Retailers quote different prices for different brands.
Cement producers have decided to reduce the prices of a bag in some states after federal government's intervention, which is good news for Nigerians.
Dangote Sugar Plc has stated that it plans to achieve an annual production milestone of 1.5 million metric tons of sugar sourced from locally cultivated sugarcane.
Major cement producers in Nigeria, including Dangote Cement, BUA, Lafarge Africa, are lowering prices as the federal government pushes for price reduction.
Dangote, BUA and Lafarge Africa, Nigeria's leading Cement manufacturers, have announced mouthwatering dividend payments for their shareholders for 2023.
Aliko Dangote
Load more