The Economic and Financial Crimes Commission has summoned some officials of the Dangote Group to Abuja to come along with detailed documents on foreign exchange transactions by the conglomerate covering the last nine years. Operatives of the EFCC had on Thursday stormed the headquarters of Dangote Industries Limited in Ikoyi, Lagos, in furtherance of theContinue reading “FOREX SCAM: Dangote Officials Invited To Abuja By EFCC As Dragnet Widens”
Tag Archives: Dangote
EFCC Raid Dangote Office Over Forex Deals: Did Emefiele Squeak On Dangote As Payback For Snubbing Ex-CBN Governor In Time Of Need?
Beware the fury of a betrayed friend. A patient, pitiless friend like Godwin Emefiele. The embattled former Governor of the Central Bank of Nigeria (CBN) may be out for blood amid his trial for fraud and official misconduct during his time as CBN head honcho. Indeed, revenge is the sweetest morsel to the mouth thatContinue reading “EFCC Raid Dangote Office Over Forex Deals: Did Emefiele Squeak On Dangote As Payback For Snubbing Ex-CBN Governor In Time Of Need?”
BUA Responds To Dangote, Reveals How The Company Survived Dangote’s Traps, Selfish Plots, Use Of Unscrupulous Govt Officials To Foist Monopoly Since 1991 To Date
The attempt to paint itself as the offended by Dangote in a recent 7-page advertorial has been exposed by BUA Group in a press statement chronicling how since 1991, Dangote has done everything possible to ensure that BUA does not compete with it in any of the areas where they both undertake business. BUA inContinue reading “BUA Responds To Dangote, Reveals How The Company Survived Dangote’s Traps, Selfish Plots, Use Of Unscrupulous Govt Officials To Foist Monopoly Since 1991 To Date”
Fear Grips NNPC As Dangote Allegedly Struggles To Get Approval To Operate Uncompleted Refinery
The Dangote Refinery, a significant undertaking in Nigeria, is enmeshed in new controversy. This time, there is tension between the Nigerian National Petroleum Corporation (NNPC) and Aliko Dangote, Africa’s richest man and owner of the Dangote Group, which has sparked concerns over the safety, quality, and ethics surrounding the refinery. Inside sources have informed usContinue reading “Fear Grips NNPC As Dangote Allegedly Struggles To Get Approval To Operate Uncompleted Refinery”
Nigerians Lash Out At Aliko Dangote Over Reported Exorbitant Cement Price
Aliko Dangote, Africa’s richest man, is facing mounting criticism from Nigerians questioning the fairness of his business empire. With a total of 15,200 tweets at the time of this report, Dangote Group’s leader has come under public scrutiny for the reported disparities in the prices of his cement products across Africa. According to X (formerlyContinue reading “Nigerians Lash Out At Aliko Dangote Over Reported Exorbitant Cement Price”
Expectations About Dangote Refinery Inauguration Are Extremely Exaggerated
From Editorial Board, Africa Oil+Gas Report The ceremony around the planned visit by the Nigerian President to the Dangote Refinery on May 22, 2023, will peak with a cutting of the ribbon, inaugurating the 650,000 Barrels per stream Day Plant, located in the Eastern flank of Lagos, the country’s commercial city. Everyone, it seems, lookContinue reading “Expectations About Dangote Refinery Inauguration Are Extremely Exaggerated”
Despite COVID-19, Dangote cement retains 54,000 employees – Official
President of Dangote Group, Aliko Dangote, has said that despite the challenging economic situation in 2019, Dangote cement was able to sustain 54,000 jobs in four African countries, where the company has its operations. The countries are: Nigeria, Ethiopia, Senegal and South Africa. The business mogul to shareholders at the Company’s 11th Annual General MeetingContinue reading “Despite COVID-19, Dangote cement retains 54,000 employees – Official”