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Tag: DANGOTE

Companies

Dangote Announces Plans for Nigeria’s Largest Port in Ogun State

March 21, 2025March 21, 2025 - by Liam Nguyen - Leave a Comment

Aliko Dangote has revealed plans for Nigeria’s largest port in Ogun State, alongside the construction of two new cement plants with a total capacity of six million tons. This initiative …

Dangote Announces Plans for Nigeria’s Largest Port in Ogun State Read More
Companies

Dangote Announces Development of Nigeria’s Largest Port and New Cement Plants

March 21, 2025March 21, 2025 - by Liam Nguyen - Leave a Comment

Aliko Dangote revealed plans to build Nigeria’s largest port in Ogun State’s Olokola Free Trade Zone. His company is also constructing two cement plants with a total capacity of six …

Dangote Announces Development of Nigeria’s Largest Port and New Cement Plants Read More
Companies

Dangote Group to Build Nigeria’s Largest Port in Ogun State

March 19, 2025March 19, 2025 - by Sofia Nawab - Leave a Comment

Africa’s richest man, Dangote, plans to build Nigeria’s largest port in Ogun State, thanks to improved political support. Additionally, an $800 million cement factory project has resumed, aiding Ogun State’s …

Dangote Group to Build Nigeria’s Largest Port in Ogun State Read More
economics

Stable Naira and Decreasing Fuel Prices Contribute to Lower Inflation in Nigeria

March 19, 2025March 19, 2025 - by Carmen Mendez - Leave a Comment

In February 2025, Nigeria’s inflation decreased to 23.18%, influenced by lower fuel prices and a stable naira. Diesel prices dropped by 33% due to increased production from the Dangote Refinery, …

Stable Naira and Decreasing Fuel Prices Contribute to Lower Inflation in Nigeria Read More
economics

Stable Naira and Lower Fuel Prices Ease Nigeria’s Inflation

March 19, 2025March 19, 2025 - by Allegra Nguyen - Leave a Comment

Nigeria’s inflation decreased to 23.18% in February 2025 due to stable naira and lower fuel prices, with diesel prices dropping by 33%. Food inflation also eased to 23.51%. However, experts …

Stable Naira and Lower Fuel Prices Ease Nigeria’s Inflation Read More
Companies

Dangote Group Announces Plans for Nigeria’s Largest Seaport and Cement Factory

March 17, 2025March 17, 2025 - by Sofia Nawab - Leave a Comment

Aliko Dangote plans to build Nigeria’s largest seaport in Ogun State and has resumed the construction of a 6-million-metric-ton-per-annum cement factory in Itori, set to be completed by November 2026. …

Dangote Group Announces Plans for Nigeria’s Largest Seaport and Cement Factory Read More
Business / economics

Nigeria’s Inflation Rate Declines in February 2025 Due to Stable Naira and Fuel Prices

March 17, 2025March 17, 2025 - by Liam Nguyen - Leave a Comment

Nigeria’s inflation rate decreased to 23.18% in February 2025, down from 24.48% in January, aided by lower petrol costs and a stable naira. Analysts predict possible acceleration in inflation beginning …

Nigeria’s Inflation Rate Declines in February 2025 Due to Stable Naira and Fuel Prices Read More
Companies

Kebbi State Signs $2.4 Billion Agreement for New Cement Plant with MSM

March 10, 2025March 10, 2025 - by Allegra Nguyen - Leave a Comment

Kebbi State, Nigeria, has signed a preliminary agreement with MSM to build a $2.4 billion cement plant with a capacity of 3 million tonnes per year, potentially creating 45,000 jobs. …

Kebbi State Signs $2.4 Billion Agreement for New Cement Plant with MSM Read More
economics

Competition Leads to Decrease in Petrol Prices in Nigeria

March 4, 2025March 4, 2025 - by Sofia Nawab - Leave a Comment

Petrol prices in Nigeria have decreased to 860 naira per litre, primarily due to competition from the Dangote Refinery, which has reduced depot prices. These changes follow significant price hikes …

Competition Leads to Decrease in Petrol Prices in Nigeria Read More
Technology

Aliko Dangote: Africa’s Wealthiest Billionaire with a Modest Lifestyle

March 2, 2025March 2, 2025 - by Marcus Chen - Leave a Comment

Aliko Dangote, the richest man in Africa, exemplifies a unique billionaire lifestyle by refraining from purchasing cars frequently and opting to drive himself. With a net worth over $10 billion, …

Aliko Dangote: Africa’s Wealthiest Billionaire with a Modest Lifestyle Read More
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