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This was disclosed by the Director General of National Automotive Design and Development Council (NADDC), Mr. Jelani Aliyu at the opening of a two-day investigative hearing held at the instance of the Ad-hoc Committee into the financial budgetary approvals and multilateral donation on skills acquisition and related programs of federal government and its agencies, chaired by Hon. Victor Akinjo.
Dangote Industries Limited has debunked claims of a fraudulent scheme circulating on social media titled, “2021 Dangote Empowerment”, purported to be approved by the Aliko Dangote Foundation (ADF).
The Chairman and Founder of the BUA Group, Alhaji Abdulsamad Rabiu, has called for the liberalisation of Nigeria’s cement policy to boost production and subsequently crash the price of the commodity.
The local bourse sustained its negative run on Thursday recording the fourth consecutive loss, following profit taking in Dangote Cement, Zenith Bank and United Bank for Africa stocks.
Aliko Dangote of Nigeria has maintained his position as Africa’s richest person for 10 consecutive years, according to the 2021 Forbes’ Africa Billionaires List released on Friday.
Equities on the Nigerian Stock Exchange generally posted their fifth consecutive daily gains on Thursday as leading stocks including Seplat, Dangote Cement and MTNN propelled the N325 billion upward drift.
Dangote Cement, Nigeria’s biggest company by market capitalisation, has announced the completion of the first tranche of its share buyback programme.
Dangote Industries Ltd has expressed optimism that its cement expansion plan and fertiliser investments will open new trade routes for the company and Nigeria under the African Continental Free Trade Area (AfCFTA) that kicked off on January 1.
The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks.
Dangote Cement, MTN Nigeria, Nigerian Breweries and nine other Industry leading Nigerian companies have raised a sum of N478.4 billion through Commercial Paper issuances between January and September 2020. Newsletter from Nigerian Investment Promotion Commission (NIPC) has revealed.
The Nigerian Stock Exchange market indicators on Friday dropped further by 1.46 per cent due to unimpressive third quarter results released by some banks.
Some elders and youths of Ijako-Orile community in Yewa North Local Government area of Ogun State, Tuesday staged a peaceful protest, urging for the payment of their “ownership entitlements to the land on which the Dangote Cement PLC Factory is sited in Ibese” .
Nigerian Stock Exchange closed southward on Tuesday for the second consecutive day, with market capitalisation shedding N279 billion.
Former Super Eagles striker Obafemi Martins has revealed that he has no rift with Nigerian hip-hop star, Burna Burna.
Fulham manager Scott Parker has expressed his disappointment following Josh Maja’s disallowed goal in Thursday’s clash with Tottenham Hotspur.
Mason Mount hailed a “massive win” for Chelsea over Liverpool as their “brave” approach earned a crucial three points in the race for the top four.
Liverpool boss Jurgen Klopp has explained his decision to substitute Mo Salah an hour into Thursday’s defeat against Chelsea, and insists his side’s top four hopes are not over despite suffering a “massive blow”.
The Nigeria Centre for Disease Control (NCDC) has announced 708 new cases of Coronavirus (COVID-19), taking the total number of infected people in the country to 157,671.
The Comptroller General of Customs, Col. Hameed Ali (rtd), Thursday told the House of Representatives that the agency’s biggest problem in trying to stem arms smuggling is border communities ganging up against his officers.
Governor Okezie Ikpeazu of Abia State yesterday disclosed that he doesn’t drink at all, while reacting to a statement by a member of the National Assembly representing Kogi West, Senator Smart Adeyemi, describing him as a drunk.
The Oluwo of Iwo, Oba Abdulrosheed Akanbi said insecurity in Nigeria is a perrenial challenge which requires a linear process to be tamed.
As Islamic State fighters advanced across northern Iraq in 2014, Mazen Shemes’ nine-year-old son was killed by a mortar. The family had to bury him quickly before fleeing the same night, along with thousands of other Christian families.
A US intelligence report expected to be made public Friday will blame Saudi Crown Prince Mohammed bin Salman — a key figure in the US-Saudi relationship — for the murder and dismemberment of dissident journalist Jamal Khashoggi.