Tag: Dangote

  • Dangote’s $2bln petrochemical plant almost ready,to produce 77 grades of chemicals

      The Dangote’s Two Billion US Dollar petrochemical plant located in Ibeju-Lekki, Lagos State, is to produce 77 different high-performance grades of polypropylene. The Group Executive Director, Strategy, Capital Projects and Portfolio Development, Dangote Industries Ltd., Mr Devakumar Edwin, disclosed this in a statement obtained in Lokoja on Monday . The statement sent by e-mail…

  • Dangote Sugar Refinery reports N26.70bn profit for 2020

    Dangote Sugar Refinery reports N26.70bn profit for 2020

    Dangote Sugar Refinery Plc (DSR) recorded profit after tax of N26.70 billion for the financial year ended Dec. 31, 2020. The company stated this in its audited result released on the floor of the Nigerian Stock Exchange on Monday. The profit after tax represented an increase of 33.2 per cent when compared with N22.36 billion…

  • Dangote Group says $2bn fertiliser plant to begin operation December

    Dangote Group says $2bn fertiliser plant to begin operation December

    The Dangote Group says its two billion-dollar granulated urea fertiliser plant located at Ibeju Lekki, Lagos will begin operation before the end of December. Mr Anthony Chiejina, Group Head, Corporate Communications, Dangote Group, confirmed the development to Our correspondent on Wednesday in Lagos. Chiejina said: “The project will be ready for take-off before the end…

  • Polio-Free Nigeria: Gates, Dangote, others hail achievement

    Billionaire philanthropists Bill Gates and Aliko Dangote have hailed the declaration of Nigeria by the World Health Organisation (WHO) as being polio-free. The News Agency of Nigeria (NAN) reports that the global health body on Tuesday certified Nigeria and the rest of Africa polio-free. The WHO Africa Regional Certification Commission (ARCC) said the major milestone…

  • Dangote tests negative for coronavirus, to build 600-bed isolation center in Kano

    Dangote tests negative for coronavirus, to build 600-bed isolation center in Kano

    Aliko Dangote, billionaire businessman, says he has tested negative for coronavirus. The world’s richest was thought to have been exposed to the virus after he came in contact with Abba Kyari, chief of staff to President Muhammadu Buhari, who has tested positive. In a tweet on Sunday, Dangote announced that he took test as a…