Tag Archives: aliko dangote

Dangote To Invest $450m In Agric In Niger State

The President, Dangote Group, Alhaji Aliko Dangote, on Monday disclosed that the company would invest $450m in agriculture development in Niger State over the next three years. Dangote, who made this known during the 2017 Niger State Investment Summit in …

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Dangote Now Wealthier Than Oprah And Trump Combined – Forbes

Aliko Dangote, Africa’s richest man who founded and chairs Dangote Cement, the continent’s largest cement producer is worth more than American President and business mogul Donald Trump and Celebrity businesswoman Oprah Winfrey. Mr Dangote, who has vast investment interests in …

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Rice Importation Costs Nigeria $2bn Annually- Dangote

The President of Dangote Groups of Companies, Alhaji Aliko Dangote, says Nigerians consume over 6.5 million tonnes of rice annually, less than half of which is produced locally. Dangote said that on Wednesday during the inauguration of the Dangote Rice …

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Dangote Loses 32% Of Wealth In 2016 – Bloomberg Index

Africa’s richest man and President of the Dangote Group, Aliko Dangote, has lost 32 percent of his wealth, according to the Bloomberg Billionaires’ Index. Bloomberg reported on Wednesday that Dangote lost $4.9bn or one-third of his wealth as the combined …

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Dangote Says Nigeria’s economy still number one in Africa

The President of Dangote Group and Africa’s richest man, Aliko Dangote has said Nigeria remains the number one economy in Africa, despite recent economic challenges. Speaking at the 2016 Presidential Policy Dialogue session, organised by the Lagos Chamber of Commerce …

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Dangote plans to generate 12,000MW of electricity

The President, Dangote Industries, Aliko Dangote, has said his company should be able to generate about 12,000 megawatts of electricity for the country by 2018. He also said that his business estate would start selling foreign exchange to the Central …

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Dangote To Build 10 Student Hostels For ABU Zaria

THE Vice-Chancellor of Ahmadu Bello University, Zaria, in Kaduna State, Professor Ibrahim Garba, has said the Chairman of Dangote Group, Alhaji Aliko Dangote, has pledged to build 10 student hostels in the university. Speaking at the 38th convocation ceremony of …

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Dangote Refinery Will Fetch $6bn Forex Yearly – CBN

The Central Bank of Nigeria has expressed its readiness to support the refinery, fertiliser and petrochemical complex being built by Dangote Industries Limited in Lagos by providing foreign exchange for the importation of equipment. The central bank said the project, …

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Dangote’s Daughter Loses Battle With Brain Cancer

Dangote’s daughter, Fatima Bello Dangote last week died of brain cancer in a private hospital in the United Kingdom, after a 2-year battle with brain cancer. Fatima Bello Dangote is the adoptive daughter of Africa’s richest man, Aliko Dangote. Dangote …

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Dangote Refinery To Become Operational 2017/2018

The refinery being built by Dangote Group is expected start pumping out refined fuel between the last quarter of 2017 and the first half of 2018. This was disclosed by the operations director for Petroleum Refining of Dangote Group, George …

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Aliko Dangote now world’s 23rd richest man

President of Dangote Group, Aliko Dangote, has moved 20 spots from his earlier position of 43rd richest person in the world to being the 23rd richest man in the world, while also retaining his position as the Richest Man in …

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Aliko Dangote invests $1billion in rice production

Africa’s richest man and chairman of Dangote Group, Aliko Dangote has invested $1billion in rice production in Nigeria. The signing of the $1billion-dollar Rice Investment Memorandum of Understanding (MoU), between the Federal Government and Dangote Group held at the State …

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