Estimated Reading Time: 2The Nigerian Inland Revenue Service (FIRS) has issued Dangote Cement Plc, tax credit certificates valued at N22.321 billion. The tax credit certificates were for the construction of Apapa-Oworonshoki-Ojota road in Lagos and the Lokoja-Obajana-Kabba road connecting Kogi and Kwara States. The two federal roads are being constructed[Read More…]
Tag: Dangote
Dangote loses $900million in a day, remains richest man in Africa
Estimated Reading Time: 1 Africa’s richest man, Aliko Dangote lost $900 million on Friday as the Dangote Industries Limited emerged the biggest loser at the end of trading on the Nigerian Stock Exchange. This mammoth lost was contained in a report of the Bloomberg Billionaire Index, a ranking of the[Read More…]
Dangote, Sinotrucks and 36 other companies get three-year tax holiday
Estimated Reading Time: 1The third quater-report by the Nigerian Investment Promotion Commission, revealed that, the following Nigerian companies are to enjoy a tax free period. The companies are; Dangote, Sinotrucks West Africa, Lafarge Africa Plc, Honeywell Flour Mills and 34 other firms have been given three-year tax holiday, in what[Read More…]
Border closure: Atedo Peterside fumes at Dangote’s exemption
Estimated Reading Time: 1Popular Nigerian businessman, Atedo Peterside, has condemned the exclusive land border waiver given to the border for Dangote group. Peterside said it shows that Nigerian economy is rigged in favour of well-connected persons. The business man tweeted on Tuesday morning, “Allowing legitimate exporters & importers to move[Read More…]
Border Closure: Nigerian government exempts Dangote
Estimated Reading Time: 1The Nigerian government has allowed Dangote Cement to resume exports across its land borders, Bloomberg reports. This is despite the closure of all land borders by the government for over one year. The move has, however, raised hopes that Nigeria may be opening up trade with neighbors[Read More…]
Dangote Foundation Partners With 54gene Laboratory To Conduct 1,000 COVID-19 Tests Per Day In Kano
Estimated Reading Time: 4The Aliko Dangote Foundation, has contracted 54Gene, a molecular diagnostics company specialized in research, and diagnostics, to immediately set up a 400 test/day capacity laboratory in Kano State. 54Gene is accredited by the Nigeria Centre for Disease Control (NCDC), and has already set up labs in Lagos and[Read More…]
