BUSINESS

IKAZOBOH TAKES OVER FROM DANGOTE AS CHAIRMAN OF DANGOTE CEMENT
There’s a new face at the top of Dangote Cement — Emmanuel Ikazoboh has officially taken over as Chairman of the Board of Directors, replacing Africa’s richest man, Aliko Dangote, who stepped down from the position on July 25, 2025.
The announcement was made on Friday by a spokesperson for Dangote Industries, who confirmed Dangote’s resignation and introduced Ikazoboh as the new board leader. This leadership shake-up comes as Dangote Cement continues to dominate the market, with the company recording a revenue high of ₦2.07 trillion by mid-2025.
In his acceptance speech, Ikazoboh promised to bring strong leadership, transparency, and dedication to the role. He’s no stranger to big positions. Ikazoboh was once the Group Chairman of Ecobank Transnational Inc. and had a long career with Deloitte, where he held top roles across West and Central Africa. Notably, he also helped reform the Nigerian Stock Exchange in 2010 after being appointed by the Securities and Exchange Commission (SEC).
The board also added a familiar name — Hajiya Mariya Aliko Dangote — to its list of directors, showing that the Dangote family still maintains a key presence in the company.
With this change, Dangote Cement is expected to keep pushing forward, backed by a blend of experience, legacy, and fresh leadership.
"This represents a significant development in our ongoing coverage of current events."— Editorial Board