Dangote – Freedom Square News

South-South Stakeholders Urge President Tinubu to Act Against Alleged Sabotage of Dangote Refinery

AdminJuly 27, 2024December 28, 202408 mins

South-South Nigerian stakeholders are intensifying their demands for President Bola Tinubu to take decisive action against those allegedly undermining the nation’s oil industry, particularly in light of recent challenges faced by the Dangote Refinery. These calls are driven by growing concerns that oil magnates may be deliberately sabotaging Nigeria’s refineries, including the newly inaugurated Dangote…

Dangote Maintains Top Spot on Forbes’ 2024 List of Africa’s Richest Billionaires

NAJ2023January 24, 2024December 28, 202403 mins

Aliko Dangote, the prominent Nigerian businessman and president of Dangote Group, has retained his position as the richest person in Africa, leading Forbes’ recently released 2024 list of the continent’s 20 wealthiest billionaires. Dangote’s net worth is reported to stand at an impressive $13.9 billion. Femi Otedola, Chairman of Geregu Power Plc and a key…

EFCC Raids Dangote Group Headquarters in Forex Allocation Probe

NAJ2023January 5, 202404 mins

In a sweeping move, the Economic and Financial Crimes Commission (EFCC) executed an unannounced raid on the nerve center of the Dangote Group in Lagos, intensifying investigations into forex allocations amid allegations of preferential treatment. Sources privy to the situation disclosed that EFCC operatives descended upon the conglomerate’s headquarters, demanding access to records documenting a…

Dangote Cement Clarifies Nigerian Cement Prices

NAJ2023August 29, 202302 mins

Dangote Cement Plc has addressed recent misinformation regarding cement prices in Nigeria, asserting that the country’s cement prices are either on par with or lower than those across the West African coast. The company stated that a bag of cement from its Nigerian factories is priced at N4,010 in Okpella and N4,640 in Ibese, Obajana,…