Africa’s most diversified manufacturing conglomerate, Dangote Group has revealed that it has suspended exports from its commissioned export terminals.
The Group made this move in an effort to cut the country’s cement supply gap and keep cement prices low in Nigeria.
According to a news report by The Punch, the Group Executive Director, Strategy, Portfolio Development and Capital Projects, Devakumar Edwin made this revelation while speaking at a press briefing in Lagos this week.
The Director explained that the surge in the demand for cement products has led to a supply gap of about 40% in the country’s cement market, and like every other player the Dangote Group is working actively to close out this gap.
Ecobank Transnational Incorporated appoints Tomisin Fashina as Group Executive, Operations & Technology liberianobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from liberianobserver.com Daily Mail and Mail on Sunday newspapers.
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Ecobank parent company, Ecobank Transnational Incorporated (ETI) has appointed Tomisin Fashina as its new Group Executive of Operations and Technology – a position he will now hold in addition to his existing role of Managing Director of eProcess International.
“The rapidly accelerating digital adoption by Africa’s citizenry and businesses, together with the explosion in eCommerce across the continent, is driving transformation throughout the banking and payment sectors,” says Ade Ayeyemi, CEO of Ecobank.
“Winning across operations and technology is essential for the Ecobank Group’s short, medium and long-term success, and is an integral requirement of our ongoing determination to continue to meet the evolving expectations of our customers. Tomisin is well experienced to ensure this, and his new role provides him with an overarching view of our operations and technology functions.”
Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group (www.Ecobank.com), announces that Tomisin Fashina has been appointed as its new Group Executive for Operations & Technology, a position he will now hold in addition to his existing role of Managing Director of eProcess International.
Ade Ayeyemi, CEO Ecobank Group, said: “The rapidly accelerating digital adoption by Africa’s citizenry and businesses, together with the explosion in ecommerce across the continent, is driving transformation throughout the banking and payment sectors. Winning across operations and technology is essential for the Ecobank Group’s short, medium and long-term success, and is an integral requirement of our ongoing determination to continue to meet the evolving expectations of our customers. Tomisin is well experienced to ensure this, and his new role provides him with an overarching view of our operations and technology functions.”