Dangote expands daughters’ roles as succession plan accelerates
In the memo, the company said that the appointments were intended to “empower a new generation to take on expanded responsibilities in shaping our future.”
Companies
Read More
Otedola speculates Naira will trade below ₦1,000/$1 before year-end, driving by Dangote Refinery
With domestic refining now in full swing after decades of reliance on fuel imports, pressure on the foreign exchange market is expected to ease considerably.
Lafarge is expanding its national capacity by 5.5MMT
Speaking on the expansion, Lolu Alade-Akinyemi, Group Managing Director and Chief Executive Officer of Lafarge Africa Plc, explained that the projects extend beyond capacity growth to deliver operational and sustainability benefits, while also supporting value creation for customers and shareholders, and contributing to economic activity.
Otunba Adekunle Ojora ‘s footprints on Nigeria’s industrial landscape
Adekunle Ojora, in the wake of the Nigerian Enterprise Promotion Act, acquired equity stakes in numerous foreign companies operating in Nigeria, including Bowring Group, Inchcape, Schlumberger, Phoenix Assurance, UTC Nigeria, Evans Brothers, and Seven-Up.
BUA Cement’s building new $240m 3-million-ton-per-annum plant in Sokoto
Abdul Salam Rabiu, founder and Chief Executive of BUA Group, said: “This investment comes at a transformative time for Nigeria, bolstered by the bold reforms introduced by President Bola Tinubu administration which have made it easier to establish and operate factories while stimulating demand for infrastructure and construction projects.”
Obajana Leaders Commend Dangote’s CSR Strides in 2025
The Plant Director, Azad, said that the company had implemented several social projects, some of which include Farmers Assistance Grants to Oyo and Iwaa’s Vocational Skill Training, Market Women Assistance Grant to Oyo and Iwaa, funding support to cooperatives in all four communities and provision of security houses to promote and support community policing.
Nigeria Machine Tools, Others Benefit from UNIDO- EU Funded Turbines Fabrication Training
The beneficiary companies include Nigeria Machine Tools Limited, Nigerian Foundries Limited, Momas-Epail MIC (MEMCOL) Limited and the National Agency for Science and Engineering Infrastructure (NASENI).
Dangote Launches Vision 2030 for cement, refinery and fertiliser
Under the vision, the group is targeting a cement production capacity of approximately 90 million tonnes by 2030; expand its petroleum refinery from 650,000 barrels per day to 1.4 million barrels per day , and expanding its fertiliser plant from three million to 12 million metric tonnes per annum, while the polypropylene plant is being scaled up from 900,000 tonnes to 2.4 million tonnes per annum.
PZ Cusson posts N21.4bn half-year profit 2025
Stocks analyst said that the sharp upturn in PZ Cusson Nigeria’s growth trajectory came on the back of the company’s recent suspension to exit the African market, citing renewed prospects in the continent, specifically, its Nigerian subsidiaries.
E-Commerce: bitMARTe to promote Made-in-Nigeria products
The Chief Executive Officer of SpringRock Group and founder of bitMART, Dr. Eke Eke, gave the assurance during the official launch of the operations in Lagos at the Civic Centre, Victoria Island.