August 10, 2021/Leadership By Bukola Idowu Contrary to some reports that the Assets Management Corporation of Nigeria (AMCON) could take over the Dangote Refinery over debts owed by the Dangote Group to banks, the corporation have denied such claims, saying it have no business with the group. Some online news […]
Updates
Moody’s Places Dangote Cement’s B1 Ratings on Review for Downgrade
August 10, 2021/Moody’s Investors Service Moody’s Investors Service (“Moody’s”) has today placed the B1 corporate family rating (CFR), the Aa2.ng national scale corporate family rating and the B1-PD probability of default rating (PDR) of Dangote Cement Plc (“DCP”) on review for downgrade. At the same time, Moody’s has affirmed the […]
Dangote Only Nigerian on Bloomberg’s Top Billionaires’ Lists
…Fortune increases to $17.8bn August 10, 2021/Dangote Group Africa’s richest man, Aliko Dangote has significantly moved up in the World billionaires’ list as his fortune increased to $17.8 billion as against last year’s $14.8 billion to emerge as the only Nigerian in the Bloomberg’s yearly top billionaire lists. Other Africans […]
