Business
Dangote Cement Begins Operations In Liberia Soon
Dangote Cement is to begin operating a subsidiary in Liberia within the next six weeks. The subsidiary named Dangote Cement Leberia will receive a capital injection of $35 million from the parent company in Nigeria.
These details were disclosed at the signing of a Memorandum of Understanding (MoU) between the Liberian government and Alhaji Aliko Dangote.
The agreement permits Dangote to build a cement factory at the Freeport of Monrovia.
A representative of the Liberian government, Mrs Matilda Parker, the Head of the National Port Authority of Liberia signed the MoU on behalf of Liberia.
She said, “I gratefully expressed my gratitude to you, Mr. Dangote, and your company for extending operations to Liberia. It will speed up reconstruction, create more jobs and expand the economy.”
Aliko Dangote commenting on the investment said it will create jobs for 250 Liberians immediately. He also stated that the investment could be increased over time as Dangote Group has access to $15 billion in investment capital.
Business
NIMASA Marks 2025 Customer Week, Pledges Service Excellence

Business
SEME Customs Foils Smuggling Attempt Of Expired Flour, Seizes N2bn Contraband

Business
LASG UNVEILS GROUNDBREAKING OMI-EKO PROJECT AT FIVE COWRIES TERMINAL

-
Opinion2 days ago
Betrayal: Vice Of Indelible Scar
-
News2 days ago
NLC Faults FG’s “No Work, No Pay” Policy
-
News2 days ago
Group Harps On Empowerment Of Girl Child
-
Featured2 days ago
Nigeria’s First Lady Flags Off Renewed Hope Health Initiative In Rivers …Targets Measles, Rubella, HPV Vaccination For Children, Women
-
News2 days ago
Digital Infrastructure Key To Nigeria’s Economic Growth -NIEEE
-
News2 days ago
First Lady Charges RHI Beneficiaries To Build Foundation For Food-Secure Nigeria …As 800 Rivers Farmers Receive Agric Empowerment Support
-
News2 days ago
RAAMP: Rivers Rated High In Implementation
-
Nation2 days ago
Rivers Chief Judge Pardon 14 Inmates From Prison To End 2024/2025 Legal Year