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Nigeria’s Alhaji Aliko Dangote Retains Position As Africa’s Richest Man

Nigeria’s Alhaji Aliko Dangote Retains Position As Africa’s Richest Man

The President of Dangote Group, Alhaji Aliko Dangote has retained his position as the Africa’s richest man with a $12.4 billion networth. Also, listed by Forbes is the Chairman of Conoil and Globacom, Chief Mike Adenuga, whose networth is $4.4 billion. These figures were released on Forbes website yesterday. The report showed that despite losing […]

“I Need A Wife” – Africa’s Richest Man Aliko Dangote Reveals

“I Need A Wife” – Africa’s Richest Man Aliko Dangote Reveals

Africa’s richest man , Aliko Dangote, has revealed that at 61, he is not getting any younger, and he is willing to take on a new wife. He made the revelation whole speaking with David Piling in a Financial Times interview. Dangote revealed that his schedule is inhibiting romance. The billionaire, who is twice divorced […]

Dangote Donates 150 Patrol Vehicles To The Nigerian Police

Dangote Donates 150 Patrol Vehicles To The Nigerian Police

The efforts of the police to provide security received a boost yesterday when renowned businessman, Aliko Dangote, donated 150 operational vehicles to the Nigerian Police Force. The donation is the largest single donation by any organisation in the country to the police. Dangote, while presenting the vehicles in Abuja, said the gesture was part of […]

I Want to Be Africa’s Biggest Philanthropist – Aliko Dangote

I Want to Be Africa’s Biggest Philanthropist – Aliko Dangote

Nigerian businessman and philanthropist, Aliko Dangote, has said that he wants to be known as the biggest philanthropist in Africa. In a statement released on Sunday, Mr Dangote said the desire to impact more in people was the motivation for the establishment and running of the Aliko Dangote Foundation. The foundation, the statement said, has […]

Will Dangote Refinery End Nigeria’s Ongoing Oil Woes?

Will Dangote Refinery End Nigeria’s Ongoing Oil Woes?

The completion of the Dangote Refinery in 2019 will mark another milestone in the Nigerian oil and gas industry. The refinery is being built by Mr Aliko Dangote, the founder of the Dangote Group of Companies and the richest man in Africa. The $14 billion (Shs50.6 trillion) refinery will produce 650,000 barrels per day of […]

Can Wealth of 5 Richest Nigerians End Poverty in the Country?

Can Wealth of 5 Richest Nigerians End Poverty in the Country?

The Federal Government, yesterday, accused Oxfam International of trying to incite some sections of Nigerians with its latest statistics on poverty and inequality in Nigeria. Oxfam, in its latest report entitled, “Inequality in Nigeria, Exploring the Drivers,” in Abuja, had presented an alarming picture of the Nigerian economic situation, stating that 112 million Nigerians are […]

Dangote will be the largest exporter of rice in 5 years to come

Dangote will be the largest exporter of rice in 5 years to come

Akinwumi Adesina, president of the African Development Bank (AfDB), says billionaire businessman, Aliko Dangote, may become the largest exporter of rice in the world by 2021. Speaking at the Mo Ibrahim Forum in Morocco over the weekend, Adesina said Africa must focus on agriculture to drive growth and create jobs on the continent. “I remember […]

The Africa Center in New York City: ASK your questions LIVE to Aliko Dangote and Halima Aliko Dangote on Thursday, March 23 at 14:00 GMT

The Africa Center in New York City: ASK your questions LIVE to Aliko Dangote and Halima Aliko Dangote on Thursday, March 23 at 14:00 GMT

Halima Aliko Dangote was recently appointed the president of The Africa Center in New York City (www.TheAfricaCenter.org) with the major responsibility of raising capital for the center. The goal is to raise funds to complete the center building in New York. In 2017, there would be three fundraising events lined up to achieve this, one […]

Nigerian Mogul Aliko Dangote Opens Coal Mine in Tanzania

Nigerian Mogul Aliko Dangote Opens Coal Mine in Tanzania

Aliko Dangote is now a coal miner as Tanzania has offered his Dangote Cement Company in the southeastern town of Mtwara, land to mine coal for its operations. Tanzania’s Ministry of Energy and Minerals at the weekend handed a 10-square-kilometre plot of land to the $500 million cement factory set up in 2015 by Aliko […]

I Almost Lost Everything – Dangote Africa’s Richest Man, Aliko Dangote Opens Up to Peace Hyde in Exclusive Forbes Africa TV Interview

I Almost Lost Everything – Dangote Africa’s Richest Man, Aliko Dangote Opens Up to Peace Hyde in Exclusive Forbes Africa TV Interview

Aliko Dangote is Africa’s richest man, with an estimated net worth of $12.2 billion, according to Forbes. Dangote founded and chairs Dangote Cement, the continent’s largest cement producer. The company produces more than 30 million metric tonnes annually, and plans to double capacity by 2018. Dangote also owns about 90% of publicly-traded Dangote Cement. However, […]

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