Nigeria, July 25 -- The President of the Dangote Group, Alhaji Aliko Dangote, has announced his retirement as Director and Chairman of the Board of Directors of Dangote Cement, effective July 25, 2025.

In a statement released on Friday by Anthony Chiejina, the Group Chief Branding & Communications Officer, Dangote explained that he is stepping down to focus on the $20 billion refinery, petrochemicals, fertilizer, and government relations projects. This decision will steer the company's five-year business trajectory toward greater heights.

"The board of Dangote Cement has appointed Emmanuel Ikazoboh, an independent non-executive director, as the new Chairman of the Board of Directors," the statement detailed. It also noted the appointmen...