Dangote Cement has reported a 62.2 per cent revenue growth, reaching N3,580.6 billion in 2024. The company’s Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) also grew by 56.0 per cent to N1,388.2 billion, with a 38.6 per cent margin. Arvind Pathak, Chief Executive Officer and Group Managing Director of Dangote Cement, disclosed this in…
The Federal Government has urged the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), to sanction all revenue generating agencies that refuse to comply with the collection and remittance laws. Sen. George Akume, Secretary to the Government of the Federation (SGF), gave the directive on Tuesday in Abuja, at the Inaugural Plenary Session, after the inauguration…
Sen Abubakar Bagudu, the Minister of Budget and Economic Planning, has said the N4.5 trillion additional revenue in the 2025 budget would support the diversification programme of the President Bola Tinubu administration. The minister said this while speaking to State House Correspondents on Wednesday in Abuja. Bagudu said the N4.5 trillion additional revenue would be…
