Dangote, a wholly Nigerian brand, has been voted the overall valuable brand in the 2018 Top 50 Brands. It replaces MTN Nigeria at the top with 87.4 points against 80.8 point for MTN. Dangote had, in previous editions, held the position of most valuable Nigerian brand but having emerged the most valuable brand overall, that…

Central Bank of Nigeria (CBN) huge fines on four deposit money banks over alleged illegal fund repatriation on behalf of MTN Nigeria weighed heavily on the local bourse yesterday, causing the All-share index to slide by 0.77 per cent. The Nigerian Stock Exchange-All Share Index (NSE-ASI) decreased by 272.27 absolute points, representing a 0.77 per…

The telecommunications company, Globacom, has been named as the fourth most admired African Brand, according to the 2017/2018 survey conducted by Brand Africa.

For increasing investors’ value on investment through dividend payout and adherence to corporate governance principles, shareholders of Dangote cement Plc, yesterday commended the company’s board for its 2017 performance, as they approve a dividend of N10.50 per 50 kobo share for the 2017 financial year. This dividend represents 90 per cent of net profit and…

The Director-General of MAN, Mr Segun Ajayi-Kadri, said in an interview with the News Agency of Nigeria (NAN) on Monday in Lagos that the partnership would revive the automobile industry in Nigeria.

The efforts of the police to provide security received a boost yesterday when renowned businessman, Aliko Dangote, donated 150 operational vehicles to the Nigerian Police Force. The donation is the largest single donation by any organisation in the country to the police. Dangote, while presenting the vehicles in Abuja, said the gesture was part of…

This week, as Nigeria observes “Democracy Day” and civil society honours the memory of victims of violence, we are once more compelled to reflect on the value of the Nigerian citizenship.

The Nigerian Investment Promotion Council (NIPC) has stated that the nation attracted not less than $17.88 billion in investments to 32 projects across eight states in the first quarter of 2018.   The states include Lagos, Ogun, Niger, Gombe and Kano. They attracted $3 billion, $1.04 billion, $754.7 million, $315 million and $174.6 million.  …

Gov. Aminu Tambuwal of Sokoto State on Wednesday promised to handover 27 hectares of land for immediate establishment of Dangote Rice Mill in the state as the company prepares for production this year. Tambuwal stated this when he received a delegation from Dangote Industries Limited led by Engr. Mansur Ahmed, Director, Stakeholder Relations and Corporate…

The two parties feuding over the Okpella mine site in Edo State, BUA Group and Dangote Group, have been advised to maintain peace while exploring legal option to resolve the dispute.   The Edo State branch of the Peoples Democratic Party (PDP) which gave the advice said: “We have observed with great trepidation the unhealthy…

Heavy transactions in the shares of some companies especially Transnational Corporation (Trannscorp) and , Dangote Cement last week, lifted the volume of shares traded, as a total turnover of 2.243 billion shares worth N139.789 billion was recorded in 18,466 deals....

The management of Dangote Cement Plc yesterday said that illegal mining at sites in Edo State was undermining the operational capacity of its proposed $600 million cement plant. The company said BUA Group’s activities in the area could also unsettle investors and undermine its sustainability plan.  Addressing journalists in Lagos at the weekend, Group Executive…