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Half Year: Dangote Sugar posts N29:73 bn profit

By The Insight Team August 3, 2022 236 Post a comment

 Nigeria’s largest sugar refinery, Dangote Sugar Refinery Plc has recorded a profit before tax (PBT) of N29.73 billion for the half year ended June 30, 2022. According to the refiner’s unaudited results posted on the portals of the Nigerian Exchange, PBT rose by N10.97 billion compared to N18.76 billion recorded in the corresponding period in […]Continue Reading

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SPE, NCDMB Hail Dangote Petroleum Refinery’s World-Class Technology Application

By The Insight Team April 20, 2022 238 0

The Society of Petroleum Engineers (SPE) and the Nigerian Content Development and Monitoring Board (NCDMB) have applauded Dangote Petroleum Refinery for its application of world-class technology in the construction of the 650,000 barrels per day refinery project. The two associations, which leaders were on a tour of the petroleum refinery project recently, expressed the Continue Reading

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President Buhari impressed with Dangote’s $2.5bn Fertiliser plant

By The Insight Team March 23, 2022 222 0

…surprised at the scale of investment; says nation set to witness agric boom President Muhammadu Buhari yesterday commissioned the new 3 million Metric Tonnes capacity per annum state-of-the-art Dangote Fertiliser Urea Plant, with an emphatic assurance that the project would give a huge fillip to Nigeria’s agricultural sector, which revitalization has been a focal point Continue Reading

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Dangote Cement assures of steady supply, curbs scarcity

By The Insight Team March 14, 2022 251 0

Poised to mitigate scarcity, Dangote Cement Plc has assured of product availability, while deepening its market equity and penetration. Nigeria’s cement giant said a combined output from the Dangote Cement factories in Obajana, Gboko, Ibese, and Okpella will help allay concerns about product availability in some quarters. This is coming as Dangote Cement Plc sustains […]Continue Reading

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Dangote Refinery to Reduce Africa’s Petroleum Importation by 36%, says APPO

By The Insight Team January 23, 2022 290 0

African Petroleum Producers Organisation (APPO) has said that the establishment of the Dangote Oil Refinery will bring about a 36 percent reduction in the importation of petroleum productions into the continent. Besides, the organization expressed a belief that the success of the Dangote Refinery project could incentivize the rise of similar projects across Africa despite Continue Reading

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Dismantle Trade Barriers to grow Africa’s economy, Dangote urges Leaders

By The Insight Team November 20, 2021 217 0

African leaders have been urged to dismantle trade barriers stifling their countries, in a bid to ensure smooth flow of goods and services, with a corresponding impact on economic growth and development across the continent. The call was made by the Group Chief Commercial Officer of Dangote Industries Limited, Mr. Rabiu Umar, during an interview […]Continue Reading

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Dangote committed to reducing unemployment in Nigeria

By The Insight Team November 14, 2021 279 0

Dangote Industries Limited has restated its commitment to contributing to a significant reduction in the number of unemployed Nigerians even as the Lagos Chamber of Commerce & Industry lauded the indigenous conglomerate spread across Africa. Speaking at the Dangote Special Day, at the ongoing 2021 Lagos International Trade Fair, Group Executive Director, Commercial Continue Reading

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Dangote’s $2bn Petrochemical Plant to Produce 77 Grades of Polypropylene

By The Insight Team August 30, 2021 238 0

Dangote’s $2 billion Petrochemical Plant located in Ibeju-Lekki, Lagos State, is designed to produce 77 different high-performance grades of polypropylene in the country. With a turnover of $1.2 billion, the 900,000 metric tonnes per annum capacity Dangote Petrochemical plant, situated alongside the Dangote Refinery, has been strategically positioned to cater to the Continue Reading

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Dangote Cement Acquires 2,000 Trucks for Distribution of Products

By The Insight Team July 12, 2021 336 3

…As Dangote Fertiliser Takes Delivery of 500 Trucks for Urea Distribution To address challenges related to the ease of distribution and availability of cement across the country, especially among its value-chain service providers, Dangote Cement Plc has rolled out over 2,000 trucks for distribution services. With an investment of $150 million, the company took delivery Continue Reading

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Effective stakeholders’ management key to business success-Dangote boss

By The Insight Team July 7, 2021 337 0

The Group Managing Director of Dangote Industries Limited, Olakunle Alake has hinged the success of business organizations on the adoption and implementation of effective stakeholders’ management strategies. Speaking on ‘Stakeholder Management: The CEO’s Role’, at the Global CEO-Africa Programme, a collaboration by the Lagos Business school, IESE Business School, Continue Reading

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Dangote women empowerment program reaches N4.3billion in disbursement

By The Insight Team June 17, 2021 297 0

…He understands Nigeria better than some politicians-Gov The Aliko Dangote Foundation (ADF) has doled out a whooping N4.2billion as part of its unconditional Micro Grant Programme for empowering women in the rural areas across the country. Speaking at the flag-off of its one-off unconditional Micro-grants Programme Tuesday in Bauchi, the Chairman of the Aliko Dangote Continue Reading

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Dangote $2 billion urea fertilizer Plant pushes out 120 trucks everyday

By The Insight Team June 14, 2021 274 0

… Excites marketers, farmers in North  After months of speculations, Dangote Urea fertilizer is now finally on sale nationwide and it currently pushes out a minimum of 120 trucks per day across the country. Group Executive Director, (Strategy, Capital Projects & Portfolio Development) · Dangote Industries Limited,  Devakumar  Edwin, revealed to the press over the Continue Reading