Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,162,646 members, 7,851,173 topics. Date: Wednesday, 05 June 2024 at 02:34 PM

Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants (424 Views)

Ibeto Group, Chinese Coy To Establish 2 Cement Plants In Ebonyi / You Can Now Get A First Bank Loan To Buy A Car For Your Uber Business / 9 Important Things You Should Know Before Taking A Bank Loan (2) (3) (4)

(1) (Reply) (Go Down)

Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants by femiakinbully(m): 1:44pm On Apr 12, 2016
BEIJING, April 12 (Reuters) - Dangote Group, the company owned by Africa's richest man Aliko Dangote, signed a deal on Tuesday for a $2 billion loan from the Industrial Commercial Bank of China Ltd for two cement plants, he told Reuters.

"The interest rate is okay, quite favorable with me," Dangote said, without elaborating. "It's for my two cement companies that we are establishing in Nigeria."

The deal included China Export & Credit Insurance Corporation (Sinosure).


Via Reuters Africa

Re: Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants by 400billionman: 2:08pm On Apr 12, 2016
Does Dangote need more cement plants in Nigeria ?

Unless he wants to start exporting cement to nearby countries.

Nice, that Ibeto cement is back in town..
Re: Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants by alabiphorlarsha: 2:12pm On Apr 12, 2016
make the guy adopt me na ............. sad
Re: Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants by vicado74: 1:30pm On Apr 13, 2016
make e come build one for my villa ...... tongue

(1) (Reply)

So We Trade In Yuan, What Next? / Own Your Own Estore Today ! / A Domain/website For Sale

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 6
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.