OCP Africa breaks ground on US$13m fertilizer blending plant in Nigeria
NIGERIA – OCP Africa, a subsidiary of leading global provider of phosphate and its derivatives…
Dangote
Dangote Sugar elevates acting Managing Director to Company’s CEO
NIGERIA – Dangote Sugar Refinery (DSR) Plc has announced the appointment of Mr. Ravindra Singhvi…
Dangote Tomato Processing Company resumes tomato processing
NIGERIA – The Dangote Tomato Processing Company, has officially resumed production of tomato paste today…
Dangote Farms invests US$7.6m to boost tomato production in Nigeria
NIGERIA – In a bid to make Nigeria self-sufficient in tomato production, Dangote Tomatoes Processing…
Nigerian Stock Exchange delists Dangote Flour Mills after takeover
NIGERIA – The Nigerian Stock Exchange has delisted the entire issued share capital of Dangote…
Dangote’s NASCON Allied Industries Plc relocates operation to boost efficiencies
NIGERIA – NASCON Allied Industries Plc, a food processing company and subsidiary of Dangote Industries,…
Government to boost rice sector with US$29m large integrated rice mills
NIGERIA – The Federal government has said that it has allocated more than US$29 million…
Dangote Sugar pay shareholders 192% more in dividends
NIGERIA – Refined sugar manufacturer, Dangote Sugar has increased dividend pay out to shareholders by…
Dangote Sugar revenue declines 30.9% on lower prices in the first quarter
NIGERIA – Dangote Sugar Refineries has reported margin expansion amidst slowed sales impacting on revenue,…
Dangote, Flour Mills of Nigeria boost wheat production with threshing machines
NIGERIA – Dangote, Flour Mills of Nigeria and other stakeholders in the milling industry have…
High refined sugar prices grow Dangote Sugar’s revenue by 20%
NIGERIA – Dangote Sugar, the Nigerian refined sugar manufacturer grew its revenue by 20.44% to…
Dangote sees 25% rise in sugar demand as economy recovers in 2018
NIGERIA – Reviving economic activity in Africa’s most populous nation means Nigerians are indulging their…
Importers frustrating Govt’s tomato policy, say stakeholders
NIGERIA – Stakeholders in the agriculture sector say Nigeria is yet to feel the impact…
Indomie maker buys two Dangote noodles plants for US$12m
NIGERIA – Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills, has sold…
Dangote Flour records robust third quarter growth
NIGERIA – Dangote Flour Mills Plc (DFM) has demonstrated a high level of corporate governance…
Nigeria loses US$600m annually to sugar importation
NIGERIA – Nigeria is said to be losing at least $600million foreign exchange annually to…
Dangote Sugar declares dividend as profit grows by 132%
NIGERIA – The current earning season for listed company has favoured shareholders of Dangote Sugar Refinery (DSR) Plc as the company has declared an interim dividend of 50 kobo per share for the half year ended June 30, 2017.
Dangote to invest US$4.6bn in Nigeria farming
NIGERIA – Dangote Group, controlled by Africa’s richest man, Aliko Dangote, plans to invest $3.8bn in sugar and rice and $800m in dairy production in the next three years as the company seeks to expand and deal with a shortage of dollars in its home market of Nigeria.
Pests destroyed much of last year’s tomato produce in Nigeria
NIGERIA – Thousands of farmers in northern Nigeria contracted to grow tomatoes for a set price are shunning the crop this season after pests destroyed much of last year’s produce, leaving the processing factory set up by Aliko Dangote, Africa’s richest man, short of raw materials.
Dangote to invest US$1bn in Nigeria rice production
NIGERIA – Dangote Group is making a five-year investment of at least $1bn to grow and process rice in seven Nigerian states, bringing sub-Saharan Africa’s biggest importer of the grain closer to its goal of self-sufficiency.
Dangote Sugar commits to backward integration
NIGERIA – Dangote Sugar Refinery (DRS) is Nigeria’s largest producer of household and commercial sugar with 1.44 million tonnes of refining capacity.
Dangote targets 1.5MMT of locally refined sugar in 10 years
NIGERIA – Dangote Sugar Refinery (DSR) Plc has unveiled plans to generate not less than 100,000 jobs and 1.5 million metric tonnes of locally refined sugar in its 10-year master plan for self-sufficiency in sugar production in Nigeria.
Dangote to launch 25,000 Ha rice outgrower scheme in Nigeria
NIGERIA – Dangote Rice, a subsidiary of Dangote Group, is set to launch a multi-million rice outgrower scheme in Nigeria to increase local production in the country.
Dangote to launch 25,000 Ha rice outgrower scheme in Nigeria
NIGERIA – Dangote Rice, a subsidiary of Dangote Group, is set to launch a multi-million rice outgrower scheme in Nigeria to increase local production in the country.