aliko dangote

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    Business Dangote Confirms Interest to Buy South Africa’s Largest Cement Company

    Africa’s largest cement company and Nigerian multinational-Dangote Cement Plc on Wednesday confirmed that it has indicated interest in acquiring the entire share capital of PPC Limited-a South African leading cement firm. Dangote Cement’s company secretary, Mahmud Kazaure in a statement on...
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    Metro Dangote-led Presidential Committee Donates N250m To Makurdi Flood Victims

    Alhaji Aliko Dangote, the Chairman, National Committee on Flood Relief and Rehabilitation, says it has provided N250 million as relief assistance to victims of the devastating flood in Benue. Dangote said on Sunday in Lagos that this was in response to the request by the Benue State Government...
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    Business Dangote May Purchase South Africa Largest Cement Maker

    Aliko Dangote, Africa’s richest man, is among those considering counter-offers for PPC Group Limited that could signal a bidding contest for South Africa’s largest cement maker, according to reports. Dangote Cement Plc sees a bid for the Johannesburg-based company as a way to accelerate...
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    Politics 2019 Election: PDP, Jonathan, Woo Aliko Dangote For President

    The Peoples Democratic Party (PDP) and members of a think tank committee set up by former President, Goodluck Jonathan are making overtures to billionaire business man, Alhaji Aliko Dangote, to come and contest for the presidential election on its platform. The Daily Times while quoting an...
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    Metro Dangote Earmarks N200Bn To Establish World Class University In Abuja

    The President and founder of Dangote Foundation, Aliko Dangote, has set aside N200 billion to establish a world-class university in Abuja. A former Executive Secretary of the NUC, Julius Okojie, who is the chairman of the technical team for the establishment of the university, said the...
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    Business I Don't Have A Single House Outside Nigeria - Aliko Dangote

    In a recent interview with international business magazine, Bloomberg, the CEO of Dangote Group talked about his quest for a simple lifestyle. When quizzed if he preferred making money or spending it, he chose the later. “I’m not a person who just likes to throw away money. I spend more money...
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    Business Dangote Reveals Plans To Invest $50bn In U.S, Europe

    Aliko Dangote, while speaking with Bloomberg Market magazine, has revealed his intention to invest about $20bn to $50bn in the renewable energy and petrochemical industries in U.S and Europe. According to him, 60% of his future investments will be situated outside Africa. The 60-year-old...
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    Business Aliko Dangote To Pump $450m Into Niger State Agric Sector

    It is all smiles in Niger state as Aliko Dangote has made a commitment to pump $450m into the agriculture sector in the state over the next 3 years. Speaking during the 2017 Niger State Investment Summit in Minna, Dangote said the funds would be used to establish a large scale rice processing...
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    Business Dangote Sells 2.3% Stake In Cement To Foreign Firm

    Aliko Dangote, has sold a 2.3 per cent stake in his cement firm, Dangote Cement, to foreign buyers. According to Reuters, Dangote Industries Limited sold the stake in a stock market deal valued at N86.1 billion ($236 million). The news agency reports that stock exchange confirmed the sale...
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    Business Dangote Cement Records 12.6% Increase In Sales Across Africa

    Africa’s largest cement producer, Dangote Cement, has announced its unaudited results for the six months ended 30th June 2017, posting a 12.6 percent increase in sales volume across Africa. In the financials released on the floor of the Nigerian Stock Exchange indicated that the increase in...
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    Politics Why I’m Richer Than Dangote – Senator Marafa

    Senator representing Zamfara Central at the National Assembly, Kabiru Garba Marafa has declared that he is richer than Africa’s richest man, Alhaji Aliko Dangote. Senator Marafa made the revelation in an interview with DailyTrust, insisting that he is extremely rich because to him, richness...
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    Business Dangote Did Not Pay N100 Million Bribe To Save Emir Sanusi - Spokesperson

    Africa’s richest man, Aliko Dangote, says allegation of bribery linked to him is “all falsehood”. Mr. Dangote said a committee set up by the Kano State House of Assembly to probe the bribery allegation should not waste its time. “It’s all falsehood,” Dangote Group spokesman, Tony Chiejina...
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    Business Dangote's $600m Cement Plant Threatened In Ethiopia

    The investment activities and operations of Dangote Cement, owned by Africa’s richest man, Aliko Dangote, is being threatened by new government order in Ethiopia. “Dangote may quit its cement operations in Ethiopia if authorities in the central state of Oromia don’t reverse an order to cement...
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    Metro Quit Notice: Northern Youths Reply Dangote, Call Him Traitor

    A coalition of northern Nigeria youths has descended heavily on the African richest man, Alhaji Aliko Dangote, saying he is a moral liability to the northern region. This is in reaction to comments by Dangote which cast them as jobless youths seeking relevance. The youths also described...
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    Metro Dangote Reacts to Quit Notice Given to Igbos in North

    Africa’s richest man, Alhaji Aliko Dangote has reacted to the quit notice issued to Igbos by a coalition of northern youths. The Arewa groups had asked South-easterners living in the north to vacate before October 1. Giving his position on the issue which has drawn condemnation from many...
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    Metro Aliko Dangote Hosts Billionaire Friends For Sallah [PHOTOS]

    Billionaire Aliko Dangote celebrated Sallah with his friends. Fellow Billionaire, Femi Otedola, former Governor of Cross River state Donald Duke, Segun Awolowo, Billionaire Tunde Ayeni, Sam Njoku and Niyi Adebayo were among those invited for the Sallah celebration which held on Dangote's yacht.
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    Business How Nigeria Loses N20Bn to Apapa Gridlock Daily and Why I Am Coming In - Dangote

    The President of Dangote Group, Aliko Dangote, has explained that Nigerian economy incurred a huge loss of N20 billion daily on the Apapa-Wharf road, which affects businesses across the country. Dangote in a media chat on Tuesday said: “The economy loses more than N20 billion daily. It affects...
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    Metro 5 Prominent Nigerians Who Saved Emir Sanusi

    The Kano State Assembly on Monday said it was suspending its probe into the Emir of Kano, Malam Muhammadu Sanusi ll. READ: Kano Assembly Suspends Emir Sanusi's Probe On Governor's Order DAILY POST is reporting that the probe was suspended due to the intervention of some very powerful...
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    Metro Dangote, Adenuga Can End Nigeria's Poverty- Oxfam International

    According to a report released by Oxfam International, a handful of wealthy Nigerians can end the poverty in Nigeria. The five richest Nigerians according to Forbes are Aliko Dangote, with a net worth $14.4bn; Mike Adenuga, $9.9bn; Femi Otedola, $1.85bn; Folorunsho Alakija, $1.55bn; and...
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    Business Dangote Dissociates Self From Ponzi Scheme

    The Dangote Group has raised alarm over a Ponzi scheme in circulation alleging partnership between the “Dangote brand, Nestle, PZ Cussons and other reputable food processing companies” in launching a multi-level marketing initiative that intends to “fight hunger, poverty and stop recession” by...
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