For the first time since its inception, Dangote Cement Group’s earnings before interest, taxes, depreciation, and amortization (EBITDA) reached an all-time milestone of N1,382.0 billion, crossing the N1 trillion mark, an increase of 56 per cent. In the same vein, Earnings per share also increased by 12.3 per cent to N29.74 as against 2023’s record…
The Chairman Aliko Dangote Foundation and President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has been named in the inaugural 2025 TIME100 Philanthropy list, which recognises the 100 most influential leaders shaping the future of philanthropy across the world. Dangote is the only Nigerian on this distinguished list. The list, published by TIME Magazine yesterday, featured Aliko Dangote,…
The Federal Government said it plans to construct an 80-metre span bridge in front of the Dangote Refinery as part of Section 2 of the Lagos-Calabar Coastal Highway project. This development aims to ensure seamless movement of trucks accessing the refinery without obstruction. The Minister of Works, David Umahi, disclosed this during the Lagos-Calabar Coastal…
The wealth of the world’s billionaires including Nigeria’s Aliko Dangote, Tesla and SpaceX chief executive, Elon Musk and others grew by $2trillion (£1.64trillion) in 2024, three times faster than in 2023, amounting to $5.7billion a day, according to a report by Oxfam. Dangote, with a net worth of $11billionn, is Africa’s richest person, holding a…
By Aliyu Gaya Corporate blackmail is fast becoming the fancy of some netizens, corporate bodies, individuals, especially fly-by-night persons who target the rich and their businesses for diverse reasons. It’s not restricted to Nigeria, though. The likes of Aliko Dangote, Mike Adenuga, Leo Stan Ekeh, Segun Agbaje, Tony Elumelu, and corporates like GTCO (Guaranty Trust…
