23/5/2016/Dangote As part of its restructuring process for greater market share, Dangote Flour Mills has reopened its plant in Kano with plans to grow wheat in the state. The plant was shut down by Tiger Branded Consumer Goods of South Africa following its acquisition of the flour mill. The reopening […]
Business News
Dangote injects N10 bn to buy back majority stake in Kano’s DFM from Tiger Brand
21/5/2016/Naija247news By Halimatu Muhammadu Chairman and CEO of Dangote Group, Alhaji Aliko Dangote said yesterday that the company injected N10 billion to buy back a majority stake in Kano’s Dangote Flour Mill from Tiger Brand to enable its re-opening. Speaking at the re-opening ceremony in Kano, Dangote stated that the […]
Oando explains what Deregulation of Petrol Price means for its Downstream Operations
May 20, 2016/Oando Press Release On May 11th 2016, the Nigerian Federal Government announced its decision to remove petroleum subsidy, thus driving the price of petrol up to a cap of N145 per litre from the previously subsidized price of N86.5 per litre. Oando, as one of Nigeria’s premier downstream oil […]
