News

Dangote Cement Gets New Chairman As Aliko Dangote Retires

Published

9 months ago

July 26, 2025

Editor

Dangote Cement Plc has announced the appointment of Emmanuel Ikazoboh as the new Chairman of its Board of Directors, following the retirement of Alhaji Aliko Dangote from the position, effective July 25, 2025.

According to a statement issued on Friday by the Group Chief Branding & Communications Officer, Anthony Chiejina, Ikazoboh, an independent non-executive director, assumes the role as Dangote steps down to focus on the $20 billion refinery, petrochemicals, fertiliser and government relations.

This strategic move, the company said, is aimed at propelling the Dangote Group’s five-year business trajectory to greater heights.

“In the same vein, Hajiya Mariya Aliko Dangote was also appointed to the Board of Directors of the Company while Prof. Dorothy Ufot retired from the Board,” the statement added.

The company paid tribute to Dangote’s leadership, stating that he left “giant footprints” on the board.

“His vision and tenacity redefined not just a company, but the entire cement industry landscape by becoming Africa’s largest cement producer and largest exporter of cement and clinker in Sub-Saharan Africa.

“Aliko Dangote’s journey with cement began with a bold dream: to make Nigeria and Africa self-sufficient in cement production. Through strategic investments in state-of-the-art plants and a commitment to local content, he not only met that goal but exceeded it.”

According to the company, Dangote Cement Plc currently has a production capacity of 52.0Mta across Africa, with Nigeria accounting for 35.25Mta.

Additional greenfield plants under construction in Côte d’Ivoire (3.0Mta) and Itori, Nigeria (6.0Mta) will bring total capacity to 61.0Mta upon completion this year.

Under Dangote’s leadership, the company also recorded its highest ever revenue and earnings.

“According to the unaudited results for the six months ending 30th June 2025, the group revenue went up by 17.7 per cent, from N1.76tn at the same period in 2024 to N2.07tn, representing the highest revenue in the history of the company,” the statement read.

In his acceptance speech, Ikazoboh said he was honoured to take on the new role and pledged to uphold the highest standards of leadership and dedication.

He described Dangote Cement as a “beacon of African enterprise” that has consistently shown resilience, innovation, and a commitment to excellence.

“Emmanuel Ikazoboh was previously the Group Chairman of Ecobank Transnational Inc., the Pan-African banking group. He started his professional career at Akintola Williams Deloitte.

“He first became the Managing Partner for francophone offices in Cameroon and Côte d’Ivoire and later became the Managing Partner of the Deloitte firm in West and Central Africa until 2009.

“In 2010, he was appointed by the Securities and Exchange as an Interim Administrator to carry out capital market reforms of the Nigerian Stock Exchange and the Central Securities Clearing System Plc,” the statement added.

News

Edo NLC Crisis: Caretaker Committee Drags Rival Exco, Govt To Court

Published

52 minutes ago

May 6, 2026

Editor

The division in the Edo State Council of the Nigeria Labour Congress (NLC), took a new dimension on Wednesday as Prof. Monday Monday Lewis Igbafen-led caretaker committee approached the National Industrial Court of Nigeria, Benin Judicial Division, seeking to affirm its authority and restrain a rival executive from parading itself as the council’s leadership.

Joined in the suit are the Edo State Government, the Commissioner for Labour and Productivity, and the Attorney-General and Commissioner for Justice.

In a suit marked: NICN/BEN/12/2026, and filed before the court in Benin, the claimant, Igbafen, acting for himself and on behalf of the NLC Caretaker Committee in Edo State, is challenging the continued occupation of the union’s secretariat and control of its assets by members of the Bernard Egwakhide-led factional State Executive Council.

The claimants are asking the court to declare that the caretaker committee (Igbafen-led faction), constituted on August 11, 2025, by the NLC national leadership, remains the only lawful authority to administer the affairs of the Edo State Council pending fresh elections.

They further seek a declaration that the continued occupation of the NLC secretariat located at No. 1 Teboga Road, Benin City, as well as the retention of union assets, financial records, and official instruments by the defendants, is illegal and void.

The suit also prays for an order of perpetual injunction restraining the defendants from parading themselves as officials of the NLC Edo Council or interfering with the functions of the caretaker committee.

In addition, the claimants are seeking a mandatory order compelling the defendants to immediately hand over the secretariat, vehicles, financial documents, cheque books, and all other properties belonging to the union.

The caretaker committee further urged the court to restrain the state government and its officials from interfering in the internal affairs of the union, alleging undue support for the dissolved executive.

The claimants further demand N50 million as general and exemplary damages against the defendants for alleged unlawful usurpation of office and acts prejudicial to the administration of the council.

According to court documents made available to our correspondent, the crisis followed the dissolution of the Edo State Council by the NLC National Executive Council on February 27, 2025, over allegations of misconduct, anti-union activities, and constitutional violations.

However, the matter has yet to be assigned a hearing date.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

7 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

7 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.