There are nearly 7.4 billion humans on planet Earth, but these 74 men and women make the world turn. Forbes’ annual ranking of the World’s Most Powerful People identifies one person out of every 100 million whose actions mean the most. Africa’s richest person and President of Dangote Group, Aliko Dangote, has been named along […]
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President, Dangote Group, Aliko Dangote, has lamented that more than 100 million out of the country’s estimated population of 187 million are paddling in poverty. He told participants at the Executive Course No. 38, 2016 of the National Institute for Policy and Strategic Studies, Kuru, near Jos, Plateau State, that the situation was unacceptable to him given […]
Read More Bloomberg in its latest Billionaire Index reports that Africa’s richest man, Aliko Dangote has lost $ 5.4 billion in his fortune this year. The loss was occasioned by the massive fall of the Nigerian currency, the Naira as the Central Bank of Nigeria rations the dollar, to stem huge capital outflow in the wake of […]
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The Dangote Foundation yesterday disbursed N400 million micro grants to 40,000 indigent women in Lagos State to cushion the effect of the economic downturn. It is part of the grassroots poverty alleviation strategy of the Foundation created by Africa’s richest man, Alhaji Aliko Dangote in 1993. The Foundation is spending N10 billion on the project, […]
Read More The President, Dangote Group, Alhaji Aliko Dangote, has said that Nigeria will be the highest exporter of cement by the year 2018. Dangote stated this while receiving The Guardian Man of The Year 2015 award in Lagos. “The only way we can help the continent is to be self-sufficient and also export. What we have been […]
Read More Aliko Dangote, Africa’s richest man, has made a bid for a majority stake in automaker Peugeot Automobile Nigeria (PAN) Limited, NewStage report. Nasir El-Rufai, the Governor of Nigeria’s Kaduna state, told journalists on Thursday that Dangote is a key member of a consortium that has applied to acquire the majority stake in the company which […]
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BUSINESS INSIDER: The wealthiest 50 people in the world control a staggering portion of the world economy: $1.46 trillion — more than the annual GDP of Australia, Spain, or Mexico. That’s according to new data provided to Business Insider by Wealth-X, which conducts research on the super-wealthy. Wealth-X maintains a database of dossiers on more […]
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The Dangote Foundation on Thursday sealed a partnership worth $100m (N19.7bn) with the Bill and Melinda Gates Foundation towards ending malnutrition in Nigeria within the next five years. The agreement was sealed in Abuja by the President Dangote Group, Aliko Dangote who signed on behalf of the Dangote Foundation while Mr. Bill Gates signed on […]
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Some northern state governments in Nigeria have signed a Memorandum of understanding (MoU) with the Bill Gates and Dangote Foundations, to strengthen routine immunisation in the region, Channels report. The partnership is aimed at eradicating polio cases and other child killer diseases in Northern Nigeria and other States. Speaking during the signing of the agreement […]
Read More PRESIDENT of the Dangote Group, Alhaji Aliko Dangote, has said the gas pipeline being built by the company will triple the country’s consumption of the resource. Dangote said the 1,100-kilometer pipeline would give the country three billion cubic feet of gas, compared to the nation’s current consumption of one billion cubic feet. Nigeria is Africa’s […]
Read More THE Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday commended Dangote Group for its plans to invest 14 billion dollars (N2.8 trillion) in oil refinery and petrochemical complex. Mr Mike Osatuyi, the National Operations Controller of IPMAN, gave the commendation in an interview with the News Agency of Nigeria (NAN) in Lagos. Osatuyi appealed […]
Read More In the face of the current challenges facing the Nigeria, President of Dangote Group, Aliko Dangote has urged Nigerians not to be despair but have abiding faith in the ability of the Federal Government to turn the nation’s economic around in no distant future, noting that the current challenges will soon be a thing of […]
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