We paid 40% interest on Obajana loans — Dangote

Founder and President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has disclosed that his company paid interest rates of up to 40 per cent to local banks while financing the construction of its Obajana Cement plant in Kogi State. Read More…

PReported by Punch. We will add other newspapers as they cover it. November 6, 2026, 10:45 UTC

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1. PPunchNigeriaNovember 6, 2026, 10:45 UTC

   We paid 40% interest on Obajana loans — Dangote

   Founder and President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has disclosed that his company paid interest rates of up to 40 per cent to local banks while financing the construction of its Obajana Cement plant in Kogi State. Read More…

   Read at PunchRead translated