Dangote Repatriates $688m from African Operations
Nov 6, 2023 ·
1m
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Description
Dangote Industries Limited has revealed that it has so far repatriated over $687.98m through various banks in Nigeria. The company says it brought in $576,008,672.41 through various banks in Nigeria,...
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Dangote Industries Limited has revealed that it has so far repatriated over $687.98m through various banks in Nigeria.
The company says it brought in $576,008,672.41 through various banks in Nigeria, in addition to a $111,968,109.38 cash swap arrangement between Dangote Cement Plc and Ethiopian Airlines.
Dangote re-affirmed its determination and belief in Nigeria, noting that the government of President Bola Ahmed Tinubu had shown the will and resolve to get the economy moving again.
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The company says it brought in $576,008,672.41 through various banks in Nigeria, in addition to a $111,968,109.38 cash swap arrangement between Dangote Cement Plc and Ethiopian Airlines.
Dangote re-affirmed its determination and belief in Nigeria, noting that the government of President Bola Ahmed Tinubu had shown the will and resolve to get the economy moving again.
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| Author | Africa Business Radio |
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