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FG summons Dangote, BUA, others over cement price hike

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The Federal Government has called for an urgent meeting with all cement manufacturers in Nigeria to address the surging price of cement in the...

CBN: Rice, cement, poultry products, others not totally banned

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The Central Bank of Nigeria (CBN) has clarified that the 43 items were never explicitly prohibited from importation or sale in Nigeria. The CBN Governor,...

How Dangote tried to ruin our cement, sugar businesses – BUA

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One of Nigerian richest men and chairman of BUA Group, Abdul Samad Rabiu, has accused Africa’s richest man and chairman of Dangote Group, Aliko...

Reps summon CBN gov for lifting forex restriction on rice, cement,...

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The House of Representatives has resolved to invite the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, over the apex bank’s...

CBN lifts forex ban on rice, cement, toothpicks, poultry products, others

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The Central Bank of Nigeria (CBN) has lifted the ban placed on all 43 items previously restricted from purchasing Foreign Exchange to boost liquidity...

Dangote Cement: We aren’t running any promo

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The management of Dangote Cement Plc says it has not embarked on any sales promotion and adjusted its prices. The Chief Branding and Communications Officer...

BUA slashes cement price to N3,500 per bag

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The management of BUA Cement Plc has announced a price reduction of its cement to N3,500 per bag effective October 2, 2023. The management made...

Dangote’s firms remit N473.63bn taxes to FG in 3 years

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Three companies owned by Aliko Dangote paid a total of N473.63 billion into the coffers of the Federal Government as taxes for the past...

Dangote speaks on N1.6trn revenue, N382bn cement profit

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Africa’s richest man and Chairman of Dangote Cement Plc, Aliko Dangote, has declared that despite the challenging macroeconomic environment in 2022, the company still...

Dangote Cement to pay N340bn dividends April 14

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The management of Dangote Cement Plc is set to pay its shareholders N340 billion as dividends on Friday, April 14, 2023. The payment will come...
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