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Tag: Aliko Dangote

Dangote refinery urges NUPENG, PTD to resolve conflict
Business

Dangote cement completes tranche I share buy-back program

Dangote Cement Plc has announced the conclusion of the first tranche of the share buy-back program, which lasted two days, from July 17th to 18th, 2023. The total number of shares repurchased, which represented 0.71% of the Company’s issued and fully paid ordinary shares, was 121,404,714 according to the company’s report, which was signed by […]

Dangote refinery urges NUPENG, PTD to resolve conflict
Business

Why Dangote may merge rice, sugar, salt companies

NASCON Allied Industries Plc, the salt-producing division of Dangote Industries Limited, will discuss a business merger with two other food companies in the group at a meeting of its directors’ board later this month. According to a regulatory filing on Thursday, the union will combine the salt producer with Dangote Sugar, owners of the largest […]

EFFC Dangote raid crashes Nigeria dollar bond one week - Bloomberg
Business

How Dangote made $575m in one day – Report

Powerful Nigerian businessman, Aliko Dangote, has seen a significant rise in wealth rising by an estimated $575 million over the previous 24 hours. According to the Forbes billionaire index, this comeback seen here shows that the 66-year-old billionaire has a net worth of $10.5 billion and had a 5.82% growth in just one day. As of Monday morning, Dangote’s […]

Why business owners must prioritize growth over luxury - Dangote
Business

Why business owners must prioritize growth over luxury – Dangote

Renowned billionaire businessman, Aliko Dangote, has made a thought-provoking revelation about his personal choices, emphasizing the importance of prioritizing business growth over luxurious indulgences. In a candid interview with Business Insider Africa, Dangote highlighted the need for young entrepreneurs to shift their focus away from materialistic desires and instead concentrate on nurturing their enterprises. Dangote’s […]

EFFC Dangote raid crashes Nigeria dollar bond one week - Bloomberg
News

Bloomberg rates Dangote richest man in Africa

Juliet Buna President of Dangote Group, Aliko Dangote, has maintained his position as Africa’s richest man. Bloomberg in its daily top billionaire lists, released on Tues­day, revealed that Dangote with a wealth of $15.6 billion topped other Africans in the Index. Dangote, who remains the rich­est man in Africa for the 12th year running, was […]

Dangote, Bill Gates meet Tinubu in Aso Villa
Business

Dangote, Bill Gates meet Tinubu in Aso Villa

Kazeem Owoseni President Bola Ahmed Tinubu is meeting with the Chairman of the Dangote Group, Alhaji Aliko Dangote and Bill Gates, co-founder of Microsoft, at the State House in Abuja. Reports revealed that the details of the meeting between the president and these two influential people were unknown Dangote revealed last week that he had […]

Aliko Dangote
News

Tweeps react as Dangote loses Africa’s richest man to South-African billionaire

South African billionaire, Johann Rupert, has ousted Nigerian billionaire businessman, Aliko Dangote, to become Africa’s richest man.   According to Forbes Real-time Global Billionaires Ranking, Rupert’s net worth is currently $12 billion, while Dangote trails behind him with a net worth of $10.8 billion as of Friday, June 16, 2023.   It was reported that, […]

IPMAN threatens strike over Soludo's taxation
Business featured

How Dangote Refinery will tackle fuel scarcity, import issues – IPMAN

Nigeria’s Independent Petroleum Marketers Association of Nigeria has said that the opening of the Dangote refinery would solve the country’s problems with fuel import and scarcity. Nairametrics reported that the Chairman of IPMAN and Enugu Community Depot in charge of Anambra, Ebonyi, and Enugu State, Mr. Chinedu Anyaso, revealed this in Awka while he gave a speech on Monday. The […]

Dangote refinery to begin fuel, diesel refining November  - Report
Business

Dangote refinery kicks off with 435MW off-grid power plant

The President, Major General Muhammadu Buhari has officially opened the Dangote refinery, which is powered by a 435 MW power plant according to information released by the Dangote Group last week. Nairametrics reported that the integrated refinery project, which has a capacity of 650,000 barrels per day, is entirely off the grid, and has its […]

How Nigeria’s refineries lost 218 workers, N69bn
Investment

PHOTOS: Dagote refinery launches in Lagos

The much talked about Dangote refinery is to be launched today, May 22, 2023 and already invited guest, dignitaries and newsmen have been spotted at the event.   The President, Major General Muhammadu Buhari (retd.), is expected to also be at the event to commission the Dangote Refinery and Petrochemicals. Dangote Refinery complex is established […]

Let NNPCL buy me out, Dangote offers to sell refinery
Opinion

Dangote remains Africa’s richest billionaire for 12 years

Forbes lists Dangote as Africa’s richest billionaire, while, South Africa’s Johann Rupert family takes the second spot in 2023.   Dangote, worth $19 billion, has remained Africa’s richest person for 12 years in a row and South African luxury goods merchant, Johann Rupert clings onto the second position for the second year with about $10.7 […]

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