RECONSTRUCTION OF OFEME COMMUNITY ROAD KICKS-OFF

RECONSTRUCTION OF OFEME COMMUNITY ROAD KICKS-OFF

Federal government flags off reconstruction of Ofeme community road The long awaited reconstruction of Ofeme community road in Abia state has kicked-off. This is after the flag-off was performed yesterday by the federal government in partnership with Dangote Industries Limited. The project is under the Executive Order #7 of 2019 which is titled Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme. With the aim to further create more opportunities for the communities. Importance of Executive Order…

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DANGOTE INDUSTRIES ANNOUNCES NEW APPOINTMENTS

DANGOTE INDUSTRIES ANNOUNCES NEW APPOINTMENTS

Dangote industries announces appointment of new management team. Nigerian multinational conglomerate, Dangote Industries Limited (DIL), as part of its plans to sustain its strategic business growth trajectory have announced new appointments. In the new organizational structure, Olakunle Alake former Chief Operating Officer (COO) is now the Group Managing Director. Also Dr. Adenike Fajemirokun, the Group Chief Risk Officer have received a promotion to the office of Group Executive Director, President’s Office. She will take on the new roles in addition to…

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DANGOTE CEMENT CONSIDERS ISSUING EURO BONDS

DANGOTE CEMENT CONSIDERS ISSUING EURO BONDS

Dangote Cement is considering issuing Euro bonds in other to raise funds for its short term debts. According to the Chief Financial Officer (CFO), Brian Egan, Dangote cement is considering issuing Euro bonds or a local debt issue in other to raise funds for its debt. The company is planning to move away from its N389 billion debt of which 70% is on short term facility and from its parent company Dangote Industries Limited. The company is considering Euro…

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