Tag Archives: Aliko Dangote

Dangote, Adenuga, Alakij, More! See Forbes’ 23 African Billionaires List

The number of billionaires from the shores of Africa has risen to 23 in January 2018, and atop that list sits industrialist Aliko Dangote. 3 Nigerians feature in Forbes’ 23 African Billionaires list, Dangote retaining the throne for the 7th year in a row with $12.2 billion. The two other Nigerians are Glo owner Mike Adenuga with $5.3 billion, and oil…

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Davos 2018! Yemi Osinbajo, Dangote Attends World Economic Forum, Donald Trump To Address Summit

Davos is a small Alpine town in Switzerland which has held the World Economic Forum (WEF)  since 1971. The event was first held in 1971 and was originally named the European Management Forum before being renamed in 1987. This year, the World Economic Forum began on January 23 and will come to an end today,…

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Nigeria Cancels Dangote’s Concession Deal Over Unpaid Debt Running In Millions

Minister of Power, Works and Housing, Babatunde Fashola has disclosed in a letter addressed to President Buhari the termination of the concession contracts for the management of Fiber Optic Network of the Transmission Company of Nigeria (TCN). The contract was between Alheri Engineering Company Limited which is largely owned by Aliko Dangote and Phase3 Telecom…

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Tony Elumelu, Aliko Dangote, Rita Dominic, Turn Up 70’s Style At The Heirs Holdings Party

Mr Tony and Dr (Mrs) Elumelu   Tony Elumelu, Chairman, United Bank of Africa (UBA) and Heirs Holdings thrilled guests at a Christmas party on Saturday December 16th, 2017. The grand event themed; ‘70’s Disco Party’ saw the business mogul dressed like Michael Jackson. The 54years old business tycoon danced to some popular tracks of Michael Jackson such as; ‘Billie Jean’ and ‘Black…

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Dangote Named One Of Bloomberg’s 50 Most Influential People

Aliko Dangote, Africa’s richest person, has been honored for his contribution to increasing local food production and reducing   food imports in Nigeria. Dangote was among the 50 most influential people honored by Bloomberg for their contribution to humanity at Bloomberg’s Annual Gala Dinner in New York. According to Bloomberg, he has been honoured for…

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Dangote Commits $100 Million To Fight Malnutrition In Nigeria

The recently concluded Global Nutrition Summit 2017, held in Milan convened governments, international agencies, civil society organisations and businesses to accelerate the global response to malnutrition, the cause of nearly half of all global child deaths. A major highlight of the Summit was the pledge by the Aliko Dangote Foundation to invest $100 Million over five years to tackle malnutrition…

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Africa’s Richest Man Dangote Reveals Secret of His Success

Africa’s richest man  Aliko Dangote, has revealed the secret of his business success: self-sufficiency and backward integration, a manufacturing strategy that extracts value from entire processes. “We are not going to import anything any longer,” Dangote said, in the presence of Nigerian Vice President Professor Yemi Osinbajo, Congolese presidential hopeful Moise Katumbi, and about 300 business…

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“We Should Pray that Oil Prices Remain Low”, Dangote Speaks at a New York Conference

Africa’s richest man and Nigeria’s indisputable  business leader Aliko Dangote has told a packed room in New York that he is hoping that oil prices will remain low to wean Nigeria away from its dependence. He said agriculture should be the focus of government, as well as gas and minerals, in an effort to diversify…

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“People Should Stop Dropping My Name For 2019 Presidency” – Dangote

Aliko Dangote has reacted to a report that a Peoples Democratic Party (PDP)think tank set up by former president Goodluck Jonathan has contacted him to contest in the 2019 presidential election under its platform Speaking to Daily Times, the President/Chief Executive Officer (CEO), Dangote Group said: “I am an entrepreneur. My passion is to create jobs for Nigerians and not otherwise.” “I am not…

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