aliko dangote

  1. L

    Sports Siasia: Where was Dangote When U-23 Team Needed Help in Brazil?

    Ex coach of Nigeria's U-23 team Samson Siasia in an interview with BBC, expressed disappointment at Nigerian billionaires for failing to come to the team's aid at the 2016 Olympics in Brazil. A Japanese surgeon, Dr. Katsuya Takasu, gave the team a gift of $390,000 to help them during their...
  2. P

    Business Dangote to Power Nigeria with 12,000 Mega Watts in 2018

    Africa’s richest man, Aliko Dangote’s company is set to power most populous country by 2018 by generating about 12,000 megawatts of electricity. Dangote said this at a conference in Lagos on Monday. He said: “There has been an increased despondence in the country due epileptic power supply to...
  3. P

    Business Dangote's Net Worth Falls By 35% Over Nigeria's Economic Woes

    Richest man in Africa and Chairman, Dangote Group, Alhaji Aliko Dangote has lost $5.4 billlion in its fortune since this year, according to data compiled by Bloomberg Billionaires Index. Using an average exchange rate of N250 to a dollar, Dangote’s $5.4 billion loss translates to about N1.35...
  4. P

    Business Dangote First Harvests of Rice Begins, To Hit Market Soon

    Dangote Rice is expected to hit the market soon as the company commences harvest of its first tranche. Sources said that Aliko Dangote was happy with the news of the harvest, especially as the rice would be launched in the right time to ease the pains of Nigerians of buying rice at N20, 000 per...
  5. A

    Business Dangote - Nigeria is Still Africa's Largest Economy

    Aliko Dangote, Africa’s richest man today stated that Nigeria is still Africa's number one economy and has not been overtaken by South Africa. READ: South Africa Overtakes Nigeria As Africa's Largest Economy Dangote made the remark while speaking at he Lagos Chamber of Commerce and Industry...
  6. L

    Business Dangote's $1bn Investment in Zimbabwe Under Threat

    Nigerian business mogul, Aliko Dangote, could see his $1bn investment in Zimbabwe go up in flames after his top aides and team were denied visa by the country's immigration. This is as a result of a fallout between factions within President Robert Mugabe's government, Financial Gazette...
  7. P

    Politics Togo President, Faure Gnassingbe Arrives Lagos [See Photos]

    President of Togo, Faure Gnassingbe arrives Lagos this morning on official visit to Dangote Refinery in Lekki, Lagos, Southwest Nigeria. Other dignitaries at the reception for the Togolese president at the airport were Aliko Dangote, Chairman, Dangote Group of Companies; Femi Otedola, Chairman...
  8. A

    Entertainment Basketmouth Bumps Into Dangote - ''I came to buy jeans, he came to buy the mall'' [PHOTO]

    Ace Comedian, Basketmouth bumped into Nigeria's richest man Aliko Dangote at a shopping mall and took a picture with him. Basketmouth captioned the photo ''Look who I took to Lenox Mall for shopping, I came to buy jeans, he came to buy the mall I guess.''
  9. L

    Business Aliko Dangote: Nigeria's Economy Will Bounce Back, The Hardship is Temporary

    Africa's richest man, Alhaji Aliko Dangote has assured that Nigeria's economy will bounce back from its current state of mediocrity. According to Dangote, the nation is in its current quagmire because it has depended on oil for a long time. Dangote lauded President Muhammadu Buhari's efforts...
  10. L

    Business Top 10 High-Achieving Industrialists in Nigeria

    The Top10 Magazine has released its list of the top ten industrialists in Nigeria. The list focuses on leading indigenous Nigerian industrialists engaged in production activities, manufacturing and other forms of industrial enterprises to grow the Nigerian economy. Alhaji Aliko Dangote...
  11. P

    Dangote Group: 15 Things Every Nigerian Should Know

    The Dangote Group was founded by Aliko Dangote, a Nigerian billionaire ranked by 2016 Edition of Forbes magazine as the 51st richest person in the world and the richest in Africa. 2. Dangote Group is a Nigerian multinational industrial conglomerate established as a small trading firm in 1977...
  12. L

    Business Aliko Dangote: I Lost N50bn in a Week Due to Floating of the Naira

    President of the Dangote Group, Alhaji Aliko Dangote during the weekend stated that his company lost N50 billion to the flexible foreign exchange policy. The Central Bank of Nigeria (CBN) had introduced a flexible interbank market for the naira last week. “We have been badly affected like any...
  13. P

    Politics Buhari's Ministers, Ambode Visit Dangote Refinery In Lagos [See Photos]

    Lagos State Governor, Akinwunmi Ambode, with Vice President, Prof. Yemi Osinbajo; Minister of Solid Minerals, Dr. Kayode Fayemi; Minister of Finance, Kemi Adeosun and President, Dangote Group; Alhaji Aliko Dangote during the Vice President’s inspection visit to the Dangote Refinery at the Lekki...
  14. P

    Business Aliko Dangote Shifts Focus From Cement, To Launch First Private Oil Refinery

    Africa’s richest man, Aliko Dangote, plans to launch Nigeria’s first private crude oil refinery by 2019 while almost doubling his cement production on the continent by adding plants in eight countries as he shrugs off a regional economic downturn. Dangote told Reuters that the $12 billion...
  15. P

    Business How Aliko Dangote Lost $3.5 Billion In One Day

    Africa’s richest person and Nigerian billionaire Aliko Dangote's fortune fell 25 places on the Bloomberg Billionaires Index on Monday as the naira slumped on first day of flexible exchange rate policy. The Central Bank on Nigeria had last Wednesday announced a new foreign exchange policy to...
  16. L

    Business Aliko Dangote: 7 Key Points on How to Become a Successful Businessman in Nigeria

    The President and CEO of Dangote Group, Alhaji Aliko Dangote, has advised young entrepreneurs on how to be successful businessmen and businesswomen. According to him, entrepreneurs have to: Be very focused and understand what you really want to do. Understand the business you want to go...
  17. L

    Business Aliko Dangote Speaks: How I Will Feel if I Become The World's Richest Man

    Africa's richest man, Aliko Dangote, has reacted to questions on how he'll feel if he emerges as the richest man in the world. "It won't really have much impact on me, because the issue today is not about who is the richest. It's how you impactful you are to the society," the business magnate...
  18. L

    Business Dangote Acquires Substantial Shares in Afreximbank

    The Dangote Group has acquired shares in the African Financial institution export-import bank, Afreximbank. According to a statement issued by the bank, Dangote has completed the process of acquiring equity stake in the bank with a “substantial investment”. Afreximbank is a pan-African...
  19. L

    Business [PHOTO] Aliko Dangote Pays Business Visit to Power Minister Fashola at His Office

    Nigerian business tycoon, Aliko Dangote on Wednesday visited Babatunde Fashola (SAN) in his office at the ministry of Power, Works & Housing. Both men had a fruitful discussion in the area of infrastructure and development for the country
  20. L

    Business Dangote Says 91% of Tomato Pastes Used by Nigerians Are Fake

    Dangote Farms, Erisco Foods Limited and other tomato paste manufacturers in the country have stated that 91% of tomato pastes in the country are fake and substandard. The firms spoke on Thursday in a session with the House of Representatives Joint Committees on Health Care Services and Drugs...