Tuesday, November 30

Tag: Alhaji Aliko Dangote

Borno to send 200 students to Unilag as Zulum leads delegation to Lagos
News

Borno to send 200 students to Unilag as Zulum leads delegation to Lagos

Borno will be sending 200 students to Unilag. Borno State Governor, Babagana Umara Zulum has said, his administration will sponsor 200 citizens to specialise in different courses at the University of Lagos. Zulum made the announcement when he led Borno’s delegation to attend Alhaji Muhammadu Indimi’s Conferment of doctorate degree by UNILAG. Former Governor of Borno, Senator Kashim Shettima, Borno’s APC State Chairman Hon. Ali Bukar Dalori, Sen. Abubakar Kyari and Sen. Mohammed Abba Aji graced the event. The event also has in attendance the President Commander-In-Chief of the Armed Forces Muhammadu Buhari, ably represented by the NUC Executive Secretary Professor Abubakar Rasheed, Alhaji Aliko Dangote, Tetfund Chairman Kashim Ibrahim Mutawwalli and a host of other Distinguished...
Tinubu To Chair Aisha Buhari’s Book Launch “Aisha Buhari Being Different”
Politics

Tinubu To Chair Aisha Buhari’s Book Launch “Aisha Buhari Being Different”

National leader of the All Progressives Congress (APC), Bola Tinubu, will chair the launch of a book written in honour of Nigeria's First Lady, Aisha Buhari. The book titled “Aisha Buhari Being Different” and written by Dr. Hajo Sani, Senior Special Assistant to the President on Women Affairs and Administration (Office of the First Lady), is billed to be launched on April 8, at the Conference Centre, State House, Abuja. Details from the invitation letters sighted by SaharaReporters indicated that Alhaji Aliko Dangote, Tony Elumelu, Abdusamad Rabiu, Prince Authur Eze, Hajiya Bola Shagaya and Femi Otedola are among the dignitaries expected to grace the ceremony where Aisha will formally unveil the book. While Tinubu will chair the event, Folorunsho Alakija is expected to be the ...
My Refinery Will Be Completed By The End Of 2021 – Dangote
Business

My Refinery Will Be Completed By The End Of 2021 – Dangote

President, Dangote Group, Alhaji Aliko Dangote yesterday said the multi billion dollars and 650,000-barrel per day (bpd) integrated refinery and petrochemical project will be completed by the end of this year, just as granulated urea fertiliser plant at Ibeju Lekki corridor will begin production of fertiliser products next week. This was even as the Lagos State Governor, Mr Babajide Sanwo-Olu promised to support the ongoing multi-bilion dollars investments on the axis with massive road infrastructure to further open up the economy of the axis and create a more conducive environment for the industries springing up in the area. The duo spoke with journalists during Governor Sanwo- Olu’s two-day working visit to the Lagos Free Zone, saying that the investments would turn around the ...
Dangote Drives Himself To Pastor Ituah’s Place On Condolence Visit
News

Dangote Drives Himself To Pastor Ituah’s Place On Condolence Visit

Unlike lots of rich people, Africa’s richest man, Alhaji Aliko Dangote, seems to like driving himself. Chairman of Ovation media group, Dele Momodu, has shared videos of the billionaire paying a condolence visit to Pastor Ituah Ighodalo over the death of his wife, Ibidunni, who died on Sunday, June 14th. The video shows him making his way to his gray G-Wagon car, with no aide in sight. Watch the videos below…
Oba Of Benin, Buhari, Dangote Couldn’t Reconcile Obaseki, Oshiomhole – Osunbor
News

Oba Of Benin, Buhari, Dangote Couldn’t Reconcile Obaseki, Oshiomhole – Osunbor

Prof. Oserheimen Osunbor, a former governor of Edo State at the weekend said efforts by President Muhammadu Buhari, Oba of Benin, Ewuare II and Alhaji Aliko Dangote and others to reconcile Governor Godwin Obaseki and Comrade Adams Oshiomhole, National Chairman of the ruling All Progressives Congress (APC) has not yielded any positive result. In a statement made available to Daily Independent, Osunbor also said it is unfortunate that the Reconciliation Committee set up by the National Executive Committee (NEC) of the party has not yielded the desired result with the governorship primaries less than a month away. Osunbor who said the signs ahead are not good also appeal to the party leaders and warring parties to sheathe their sword and avoid playing into the hands of the opposition ...
‘I Can Never Date Dangote’ – Popular Yoruba Actress Brags
Celebs

‘I Can Never Date Dangote’ – Popular Yoruba Actress Brags

Fast Rising US based Yoruba actress, Oyinkansola Emmanuel has opened up that she can never date Alhaji Aliko Dangote. According to her, she can never date Dangote, the richest black man in the world. She added that she can only date him if he has the qualities she wants in an ideal man. Oyinkansola made this known in an Instagram live interview with Newsman Gbolahan Adetayo. The interview was conducted on the 11th of May, 2020. When she was asked about her kind of man, the Nollywood star in the making said; “firstly, I will appreciate a God fearing man, who knows what it takes to have a woman at home as a wife. He must be very respectful and know how to treat me well.” ” I don’t want a man that will turn himself to Mike Tycson or Anthony Joshua in my marriage. Re...
Nigerian Billionaires Lose Billions Amid Coronavirus Pandemic
Business

Nigerian Billionaires Lose Billions Amid Coronavirus Pandemic

The year 2020 began with lots of predictions and promises, but the volatility in the stock market (which was occasioned by the Coronavirus pandemic) was not top on the list. On February 27, Nigeria recorded the index case of the Coronavirus pandemic, an Italian who visited the country for business reasons. A month later, the federal government was preparing to announce a lockdown of the economy as part of measures to curb the seemingly unpredictable increase in the spread of the Coronavirus. The lockdown which commenced 2 days after the announcement brought a lot of uncertainty into the financial markets, and this definitely comes with huge consequences for individual and corporate investors. For many investors around the world, the first four months of the year was a bad one. T...
Dangote Donates Mobile Test Centre, Ambulances to Kano
News

Dangote Donates Mobile Test Centre, Ambulances to Kano

Kano state government has taken delivering of Mobile Molecular Diagnostic Centre for COVID-19 donated by Dangote Foundation sited at Muhammadu Buhari Specialist Hospital. The 54gene mobile testing laboratory with 40ft structure steel container built technology, provides a unique plug-and-play solution to eliminate logistics of shipping samples to another infrastructure for processing. Also donated by the richest man in Africa, Aliko Dangote are 10 ambulances and three official vehicles as part of corporate supports to strength the war against the ravaging COVID-19 pandemic in Kano. Unlike the existing Centre activated by Nigeria Centre for Diseases Control (NCDC) with testing capacity of 80 samples daily, the Multi billion Dangote pathology laboratory is enabled to examine 400 s...
Dangote Set To Build 600-Bed Capacity Isolation Centre In Kano
Health

Dangote Set To Build 600-Bed Capacity Isolation Centre In Kano

Nigerian politician and governor of Kano state, Abdullahi Umar Ganduje has informed the general public on a imminent ICU centre yet to be built by the richest man in Africa, Alhaji Aliko Dangote. Africa richest man, Aliko Dangote The governor announced this at an inauguration of a fundraising committee. The 600-bed capacity ICU will help treat coronavirus patients and also cater for the sick or high risk people with a specific ailment.
Governors, Dangote Off To U.S For Talks With Bill Gates Foundation
Politics

Governors, Dangote Off To U.S For Talks With Bill Gates Foundation

Governors Bala Mohammed (Bauchi) Babangana Zulum (Borno), Babajide Sanwo-Olu (Lagos) and Muhammad Inuwa Yahaya (Gombe) and President of Dangote Foundation, Alhaji Aliko Dangote, Monday left Nigeria for Seattle in the United States (U.S.A). They will hold a roundtable discussion with the Bill and Melinda Gates Foundation on healthcare interventions in Nigeria. A statement by Governor Mohammed’s Senior Special Assistant (SSA) on Media, Muktar Gidado, said his participation at the end of the year discussion in Seattle would strengthen Bauchi State’s primary health care delivery. The statement reads: “The provision of an effective health care service delivery is one of the important basic social services required by the administration of Governor Bala Mohammed to ensure meaningful...
UNGA74: Buhari Meets Bill Gates, Dangote In New York (Photos)
Politics

UNGA74: Buhari Meets Bill Gates, Dangote In New York (Photos)

President Muhammadu Buhari, Wednesday night, met with American business magnate, Bill Gates; and Africa’s richest man, Alhaji Aliko Dangote, in New York. The President met the duo at the sidelines of the ongoing 74th United Nations General Assembly (UNGA74) in the United States. The meeting of the trio was disclosed in a statement sighted on the verified Twitter handle of the Nigerian government, @NigeriaGov. According to the statement, Buhari applauded the contributions of Bill and Melinda Gates Foundation, and Aliko Dangote Foundation to humanitarian and developmental activities in Nigeria. The President said they have touched humanity in many positive ways, and congratulated them “for achieving what you had set out to do.”
Nigerian Economy Will Blossom, Says Dangote
Politics

Nigerian Economy Will Blossom, Says Dangote

Dangote, who spoke as the Chairman at the inauguration of the new Secretariat of the Chemical and Non-Metallic Products Employers Federation (CANMPEF) said “the constitution of the Economic Advisory Council is a proactive move, by putting together tested and respected patriots, who are independent and always ready to put the country’s interest first and ahead of themselves.” He then urged the federal government to take advantage of this rare opportunity to strengthen the economy and put the country on the path of growth, job creation and competitiveness, while also calling on all stakeholders to work with the federal government to revive and restore the economy on the path of growth. According to him, the government should continue to provide the enabling environment which it had...
Obaseki, Oshiomhole Reconciled By Dangote, Fayemi, Peace Returns To Edo State
Politics

Obaseki, Oshiomhole Reconciled By Dangote, Fayemi, Peace Returns To Edo State

News reaching us, has it that Governor Obaseki of Edo state has mended fences with his political god-father and APC national Chairman, Adams Oshiomole. Sources say the embattled Governor had reached out to Alhaji Aliko Dangote, the Ekiti state Governor, Fayemi and other governors, as well as top notches in the Presidency, to help reconcile him with his former boss. The peace meeting was held on the 24 July, 2019 at the office of the APC National Chairman. With this move, the crises that have engulfed Edo state in the last couple of weeks would soon be laid to rest. Updates From Previous Edo State APC Stakeholders Meeting: Resolution of Crisis 80% achieved. In continuation of the stakeholders[/code] meeting held at the instance of Mr. President, the National Leader of APC, Se...
Dangote Reconciles Governor Ganduje And Emir Sanusi
News

Dangote Reconciles Governor Ganduje And Emir Sanusi

The bad blood between Governor Abdullahi Ganduje of Kano State and the Emir of Kano, Alhaji Muhammadu Sanusi ll has reportedly been resolved following a meeting to reconcile the two in Abuja. According to a statement by Abba Anwar, the Chief Press Secretary to Ganduje, the reconciliatory meeting was initiated by the Kano-born business mogul Alhaji Aliko Dangote and the Chairman of Nigeria’s Governors’ Forum, Dr Kayode Fayemi. “As the two leaders met, they congratulated each other on the successful completion of the Ramadan Fast and the Eid-el-Fitr celebration. “Both leaders spoke and urged all Muslims to continue with the good teachings and spirit of the fasting period of the month of Ramadan. Emir Sanusi used the opportunity to congratulate Governor Ganduje on his second term in of...
Dangote Foundation Donates N200m Food Items To Borno Idps, Others
Uncategorized

Dangote Foundation Donates N200m Food Items To Borno Idps, Others

Borno State Deputy Governor,  Usman Durkwa, yesterday, commended the Chairman of Aliko Dangote Foundation, Alhaji Aliko Dangote and Mrs. Zoiera Youssoufou, Managing Director of Aliko Dangote Foundation for donating food items worth N200 million for distribution to thousands of people, especially Internally Displaced Persons, IDPs, during this year’s Ramadan. The deputy governor made the commendation during the official flag-off of distribution of the items in Konduga and Bama Local Government Areas of the state. Durkwa who represented Governor Kashim Shettima during the exercise said: “The government and people of the state are very grateful for witnessing another flag-off ceremony of Dangote Foundation 2019 Ramadan Kareem distribution to the IDPs and host communities in Borno St...
Bono Meets With Vice President Osinbajo, Senate President Saraki
Celebs

Bono Meets With Vice President Osinbajo, Senate President Saraki

A senior delegation from the ONE Campaign met with His Excellency Vice President Yemi Osinbajo and Prof. Isaac Adewole, the Honourable Minister for Health on April 8th. They also met with key legislators including the Senate President, His Excellency Senator Bukola Saraki, Sen. Dino Melaye and Sen. Abiodun Olujimi on April 9th. ONE’s Delegation included Co-Founder Bono, Board Chairman Tom Freston, CEO Gayle Smith and Nigeria Country Director Serah Makka-Ugbabe. Discussions focused on building effective partnerships for the delivery of healthcare to Nigerians and transparency and accountability in public institutions. The delegation, along with Alhaji Aliko Dangote, a member of ONE’s Board of Directors, presented to Vice President Osinbajo a declaration signed by over 67,000 Nigerian...
“I Love Him” – Curvy IG Model, Symba, Says Dangote Is Her Crush & Explains Why
Celebs

“I Love Him” – Curvy IG Model, Symba, Says Dangote Is Her Crush & Explains Why

Curvy Instagram model, Symbas Erothick, shared a photo of Alhaji Aliko Dangote to wish him a happy birthday and she went on to disclose that he's her crush. Symba said Dangote's wealth has a bit to do with her love for him but added that she's inspired by all he's achieved and the boundaries he's broken. She wrote: Ok so this is going to be long so you ADD followers leave now. I would like to start by saying Happy Birthday to Mr. Aliko Dangote. Why? Because I love him. People always laugh and say “Symba cause he got the coin” and yes that’s definitely part of it but more importantly it his legacy, his grind, his humbleness, his audacity to dream larger than life... just to name a few. Most people when asked who is your all time crush would say people like Boris Kojo, Idris Elb...
Dangote @ 62: Otedola Sends Lovely Birthday Message To Dangote
Uncategorized

Dangote @ 62: Otedola Sends Lovely Birthday Message To Dangote

Happy birthday to the greatest man that has come out of Africa. My brother, the Visionary, owner of the 2nd largest sugar refinery in the world, the largest cement factory in the world, one of the largest flour mills in the world, the 2nd largest fertiliser plant in the world that is due for completion, and the biggest oil refinery in the world. Aliko Dangote is a titan that God created specially for mankind. You have broken every boundary in worldwide business and industry. Thanks for the brotherly love ... ��F.Ote�
Our Refinery Will Transform Nigeria’s Economy – Dangote
News

Our Refinery Will Transform Nigeria’s Economy – Dangote

Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, has said his refinery, one of the world largest, when completed, will transform Nigeria’s economy. He stated this at the weekend at Dangote Group Special Day at the 40th Kaduna International Trade Fair. Represented by the Group Executive Director (GED), Strategy and Government Relations, Dagote Group, Mansur Ahmed, the billionaire businessman also said the Dangote Cement, Salt, Sugar as well as other food products have continued to play key roles in ensuring food security and improve lives of Nigerians. The refinery located in Lekki, Lagos State, is expected to produce 65.4 million litres of petrol, diesel, aviation jet fuel and Kerosene daily in high volumes. He said petroleum products are planned t...
Dangote: North Will Remain Poor Except…
Uncategorized

Dangote: North Will Remain Poor Except…

African richest and Chairman of Dangote Group of Companies, Alhaji Aliko Dangote has said Northern Nigeria will continue to remain poor except states governments move to close the development gap between the north and the south. Dangote, who spoke at the 4th edition of the Kaduna Investment Summit (KadInvest 4.0) in Kaduna on Wednesday, berated Northern governors for doing little to end poverty in the region. According to him: “Nigeria is ranked at 157th out of 189 countries on the human development index. While the overall socio-economic condition in the country is a cause for concern, the regional disparities are in fact very alarming. “In the North Western and North Eastern parts of Nigeria, more than 60 per cent of the population lives in extreme poverty. “It is instruc...
‘Dangote Refinery’ll Not Sell Petrol At Regulated Price’- The Nation
News

‘Dangote Refinery’ll Not Sell Petrol At Regulated Price’- The Nation

The President of Dangote Group, Alhaji Aliko Dangote, has said premium motor spirit (PMS) or petrol that will be refined from Dangote Refinery will not be sold at Federal Government’s regulated price. This ends the speculation about how much the pump price petrol from the first private refinery will attract when it begins operation next year. Dangote spoke on the sidelines of the visit of Central Bank Governor Godwin Emefiele to the refinery in Lagos. Dangote said though the plan is not to concentrate on export entirely, he noted that petroleum products from the refinery will be sold at export rate. He said it is the duty of the Federal Government to determine the price of fuel, adding that he doubts whether fuel subsidy will continue but if it does, the government can enga...
Why Dangote Was Dropped As Buhari’s Campaign Adviser
Politics

Why Dangote Was Dropped As Buhari’s Campaign Adviser

A quiet protest by Africa’s richest man, Alhaji Aliko Dangote, against his inclusion on the President Muhammadu Buhari’s Presidential Campaign Council was what pushed the presidency to quickly remove him, The Guardian learnt yesterday. Also, Buhari and the All Progressives Congress (APC) have been accused of seeking to drag Dangote’s name in the mud, and coercing him onto the presidential campaign committee. The APC on Friday made public the names of members of its Presidential Campaign Council for the 2019 elections through a press statement by the Special Adviser to the President on Media and Publicity, Femi Adeshina. On the Special Advisory Committee To the President, which the Vice President, Prof. Yemi Osinbajo chairs, Dangote was initially listed as a member, alongside A...
Femi Otedola, Dangote Pictured At Cuppy’s Cactus On The Roof
Celebs

Femi Otedola, Dangote Pictured At Cuppy’s Cactus On The Roof

The young and beautiful Nigerian DJ popularly known as DJ Cuppy who had her 'Cactus on the roof' event yesterday had her father, Femi Otedola and his billionaire friend and richest man in Africa, Aliko Dangote to grace the event. Her Father took the photo to his official IG page and he captioned it "We came out to @CactusOnTheRoof to rock with our daughter @cuppymusic � ... F.Ote�
Aliko Dangote Birthday Message To DJ Cuppy – Watch Video
Celebs

Aliko Dangote Birthday Message To DJ Cuppy – Watch Video

Nigerian Billionaire businessman, Alhaji Aliko Dangote birthday message to his friend’s daughter, DJ Cuppy, has truly shown how lovable and caring the Africa’s richest man could be. Dangote out of his busy schedule took his time to wish the celebrity DJ a happy birthday in a video that has since gone viral across social media. In the trending video, the Businessman can be heard saying: “Hi Cuppy, this is Uncle Aliko, I called to wish you a very very happy birthday in good health with long life, and God’s continued blessing. We are just very very happy with all your progress, and we’d continue to pray for you, for a greater success. We love you all. Byeeeeee” The business man has been hailed for his rare move, which leaves many people to wonder how strong the bond is between his f...
Dangote Hires 15 Foreign Professors For Kano University
Education

Dangote Hires 15 Foreign Professors For Kano University

The Chancellor, Kano state University of Science and Technology (KUST) Wudil, Alhaji Aliko Dangote has given the approval for the recruitment of 15 foreign Professor into the university. Daily Trust learnt that the professors would be on his payroll for 4 years. Vice Chancellor of the University, Professor Shehu Alhaji Musa, disclosed this at a press briefing held in Kano on Friday where he spoke about some developmental strides recorded in the university. He added that Dangote had taken the burden of payment of their salaries for four years with possible extension to eight years in addition to building, furnishing their accommodation within the University. The VC also added that the Kano state government had also recruited 600 academic staff for the university as part of t...
Dangote Remains Africa’s Richest Man
News

Dangote Remains Africa’s Richest Man

 Alhaji Aliko Dangote has remained the richest man in Nigeria with his net worth still higher than that of Mike Adenuga.  The President of Dangote Group, Alhaji Aliko Dangote has retained his position as Africa’s richest man with a $12.4billion net worth. This was contained in a new report by Forbes on Monday. Also, listed by Forbes, is the Chairman of Conoil and Globacom, Chief Mike Adenuga, whose net worth is $4.4billion. The report showed that despite losing $1.7billion in few months, Dangote has remained a strong brand, retaining his position as Africa’s wealthiest man. Adenuga was also said to have lost $1.1billion within the period. Globally, Jeff Bezos, the founder of Amazon.com Inc, is the richest man in modern history. Bezos’s fortunes jumped from $112bi...
2 Families File N320m Lawsuits Against Dangote Over The Death Of Their Members In An Accident
News

2 Families File N320m Lawsuits Against Dangote Over The Death Of Their Members In An Accident

Two families have sued billionaire businessman, Aliko Dangote, and his companies, following the killing of their members in an accident involving a truck they claimed belong to the businessman’s company. According to court papers filed before the Lagos State Multi-Door Courthouse, the accident happened on January 9, 2018 along Lagos-Ibadan Expressway, claiming the lives of 10 passengers in a commercial bus with registration number BDJ 410 YM. In the lawsuits filed on their behalf by the Lagos State Directorate of Citizens’ Right, the two families are each seeking N160m damages against Dangote and his companies. The two victims of the accident whose families sued are Gbenga Ishola and Mrs. Nike Adeosun. While Mr. Tobi Ishola sued on behalf of Ishola’s family, Mr. Abiodun Adeosun...
President Buhari Hosts Billionaire Moguls, Bill Gates And Aliko Dangote In Aso Rock
News

President Buhari Hosts Billionaire Moguls, Bill Gates And Aliko Dangote In Aso Rock

Africa's richest man, Aliko Dangote, and his American billionaire counterpart, Bill Gates, were last night engaged in President Muhammadu Buhari on Wednesday evening hosted American billionaire, Bill Gates and Africa's richest man, Alhaji Aliko Dangote, to a private dinner at the State House, Presidential Villa, Abuja. The U.S tech mogul, Bill Gates was in Nigeria for the wedding of Alhaji Dangote's daughter, Fatima, to her pilot hubby, Jamil Abubakar, son of former Inspector General of Police, M.D Abubakar.a meeting with President Buhari in Aso Rock. The president's special adviser on new media, Bashir Ahmad, posted a video clip of the meeting and wrote: "President @MBuhari hosts Mr. Bill Gates and Alhaji Aliko Dangote to a dinner tonight at the Presidential Villa, Abuja." See...
Captain Mathew Ekeinde Reveals How He Met His Wife, Omotola Ekeinde And Fell In Love At 26
Celebs

Captain Mathew Ekeinde Reveals How He Met His Wife, Omotola Ekeinde And Fell In Love At 26

Nollywood actress, Omotola Ekeinde’s husband, Captain Mathew Ekeinde is one of Nigeria’s most senior and respected pilots.   People who have met him are often surprised to find he is a man who has no airs around him, despite his accomplishments as one of Nigeria’s most popular and successful pilot. He has been married to Omotola for 22 years and the marriage is blessed with four wonderful kids. How has marriage been with a celebrity like Omotola? What are the challenges and issues he has had to contend with? How did they meet 24 years ago? These and several other questions were answered in the interview below: Excerpts from the Interview culled from City People by Senior Editor, WALE LAWAL: Let’s start by congratulating you on that spectacular birthda...
Dangote Remains Africa’s Richest
News

Dangote Remains Africa’s Richest

President of Dangote Industries Alhaji Aliko Dangote remains Africa’s richest with a net worth of $12.2billion, according to Forbes. This is an increase of $100 million from his worth when the assessment was done by the influential magazine last year. Dangote is the continental richest for the seventh year in a row. Bill Gates is the richest in the world with a net worth of $86 billion followed by Warren Buffet ($75.6b) and Jeff Bezos ($72.8 billion). Other Nigerians on the African list are Globacom Chairman Mike Adenuga ($5.3 billion) adjudged the fifth richest in Africa and Mrs Folorunsho Alakija ($1.6 billion) rated the 15th richest in Africa.
JANUARY 1st PRICE LIST FOR MUTUAL FUNDS, REITS And ETFS
News

JANUARY 1st PRICE LIST FOR MUTUAL FUNDS, REITS And ETFS

Investors in Dangote Sugar Refinery (DSR) Plc are counting their gains as the stock has recorded the highest price gain in the stock market for 2017. The shares in DSR soared by 227 per cent, from N6.11 to close the year at N20 per share. International Breweries Plc trailed with a gain of 194.6 per cent, while Fidelity Bank Plc appreciated by 192.8 per cent. Fidson Healthcare Plc and Dangote Flour Mills Plc went up by 189 per cent and 185.8 per cent respectively. Conversely, Morison Industries Plc led the laggards, shedding 67.8 per cent, trailed by Jaiz Bank Plc with 49.6 per cent. Forte Oil Plc depreciated by 48.5 per cent ,just as University Press Plc and MRS Oil Nigeria Plc closed 36.4 per cent lower. Some market analysts said the high demand for DSR shares that propelled the ...
Reps, Dangote Refinery To Collaborate On Local Content
News

Reps, Dangote Refinery To Collaborate On Local Content

THE House of Representatives Committee on Local Content said it is ready to collaborate with Dangote Refinery on the effective implementation of the Local Content Act in the country. FCILITY TOUR: From left: Chairman, House of Representatives Committee on Local Content, Hon. Emmanuel Ekon; President/CE, Dangote Industries Limited, Aliko Dangote; and House of Representatives Local Content Committee member, Hon Zakariya’u Galadima during the facility tour by House of Representatives Local Content Committee members to Dangote Industries Limited, in Lagos. The Chairman of the Committee, Mr. Emmanuel Ekon, who stated this when members of his committee visited the $18 billion refinery complex in Lagos, said the lawmakers were ready to guide the company to be in compliance with local content l...
Plateau Govt Woos Dangote On Rice, Wheat Production
News

Plateau Govt Woos Dangote On Rice, Wheat Production

As part of the efforts to promote agriculture, especially production of rice and wheat in Plateau State, Governor Simon Lalong has solicited for the intervention of a business mogul Chairman of Dangote Group of Companies, Alhaji Aliko Dangote. Governor Simon Bako Lalong in company of top government functionaries had undertook an Investment Visit to Alhaji Aliko Dangote GCON at the corporate headquarters of Dangote Group of Companies. The Governor stated that the purpose of the visit was to woo the investment interest of the billionaire investor in core areas of agriculture with emphasis on wheat, rice, tomato and Irish potatoes on large scale production, solid mineral exploration and processing and the establishment of Agro Based Industries and Capital Injection on a Public Private P...
I’m Sure Nigeria Will Not Break Up – Gowon
News

I’m Sure Nigeria Will Not Break Up – Gowon

Against the continued agitation by some aggrieved Nigerians for secession, a former Military Head of State, General Yakubu Gowon, Monday gave the assurance that the nation would not break up but remain united as he left it about 41 years ago. The elder statesman gave the cheering remark at the 50th anniversary celebrations of the International Institute of Tropical Agriculture (IITA) held at the Conference Centre of the institute located at Moniya, Ibadan where many other dignitaries including former President, Chief Olusegun Obasanjo, Acting President, Prof Yemi Osinbajo, who was represented by the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, and the President of the African Development Bank (AfDB), Dr. Akinwumi Adesina were in attendance. Others included the Oyo...
Osinbajo Inaugurates Nigeria Industrial Policy And Advisory Council
News

Osinbajo Inaugurates Nigeria Industrial Policy And Advisory Council

Inauguration of the Nigeria Industrial Policy and Competitiveness Advisory Council 1. Acting President Yemi Osinbajo, SAN, with Alhaji Aliko Dangote during the Inauguration of the Nigeria Industrial Policy and Competitiveness Advisory Council, State House, 2. Acting President Yemi Osinbajo, SAN, with Alhaji Aliko Dangote; and Dr. Frank Udemba Jacobs during the Inauguration of the Nigeria Industrial Policy and Competitiveness Advisory Council, State House, 3. L-R: Acting SGF, Dr. Habibat Lawal; Min of State Industry, trade and Investment, Aisha Abubakar; Hon. Min of Industry, trade and Investment Okechukwu Enelamah; Acting President Yemi Osinbajo, SAN; Alhaji Aliko Dangote; Atedo Peterside, Chairman ANAP Business Jets Ltd; and M.D/CEO Emzor Pharmaceutical, Stella Okoli and membe...
I Had Never Met Tinubu When He Appointed Me Commissioner – Osinbajo
News

I Had Never Met Tinubu When He Appointed Me Commissioner – Osinbajo

Acting President, Professor Yemi Osinbajo said he had never met All Progressives Congress leader, Bola Tinubu, when he was appointed a commissioner in Lagos State. Osinbajo served as Attorney General and Commissioner for Justice in Lagos State during Tinubu’s administration. Osinbajo said: “I did not and I had never met Bola Tinubu before I was appointed Commissioner and that says a lot about the kind of individual that he is. This is the kind of thinking that makes nations great; that is the kind of thinking that would make Nigeria great. “A type of thinking that considers all of our diverse talents; a kind of thinking that does not allow parochialism; a kind of thinking that does not allow us to say anywhere belongs to only a set of people. That is when our country would be tr...
James Ibori, Dangote, Oshiomhole, Jonathan At The Burial Of Mrs. Anenih In Edo
News

James Ibori, Dangote, Oshiomhole, Jonathan At The Burial Of Mrs. Anenih In Edo

The funeral service of Dame Mrs. Pat Ebehiremen Anenih, wife of Chief Tony Anenih is currently holding at St Anthony's Catholic Cathedral in Uromi, Edo state. Present at the service were the former Governor of Delta state Chief James Onanefe Ibori, ex-president Goodluck Jonathan and the Delta state Governor, Arthur Ifeanyi Okowa. Other dignitaries in attendance include the Gombe State Governor Ibrahim Dankwambo, the immediate Past Governor of Edo State, Comrade Adams Oshiomhole and Chairman of Dangote group, Alhaji Aliko Dangote Before the funeral commenced, Chief Ibori and Governor Okowa visited the country home of Chief Tony Anenih in Uromi to condole with him.
Dangote Rolls Out Nigeria-assembled Trucks, Targets 10,000 Vehicles
News

Dangote Rolls Out Nigeria-assembled Trucks, Targets 10,000 Vehicles

Dangote Sinotruck West Africa Limited on Tuesday rolled out its first set of locally assembled Chinese trucks as it began an eight-hour shift, assembling between four and five trucks per day at its Lagos-based plant. The Group General Manager, Projects, Mr. Hikmat Thapa, who spoke in company with other senior managers of the company after conducting journalists round the assembly plant in Ikeja, said it was the first phase of the project. He said that the second phase would begin in June with two shifts per day and hoped to do 24 hours daily operation moving from Semi-Knocked Down components to Completely Knocked Down (parts) assembly. “As soon as we move on to 24-hour daily operation, we will churn out between 20 and 30 trucks per day. We are starting with SKD and now waiting for...
Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend
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Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend

Dangote Sugar Plc has announced a profit after tax of N14.4 billion for the financial year ended Dec. 31, 2016, representing an increase of 29.26 per cent. This was disclosed by audited result issued by the company on Sunday and made available to the News Agency of Nigeria (NAN) in Lagos. The report indicated that the profit was against the N11 .14 billion reported in the corresponding period of 2015. “The profit before tax stood at N19.61 billion compared with N16.16 billion achieved in the previous year, an increase of 21 per cent. “The company’s revenue appreciated to N167. 72 billion against the N101.06 billion recorded in 2015, representing a growth of 68 per cent. “Seasonal sugar production at Savannah 17,122 tonnes (2015: 6,610 tonnes) Full year refinery production at...
Dangote Opens One-stop Shop In Onitsha
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Dangote Opens One-stop Shop In Onitsha

Awka - ONE of Nigeria's most successful conglomerates, the Dangote Plc, has signed a Memorandum of Understanding, MoU, with Bontus Group of Companies based in Onitsha for the supply and distribution of all Dangote products in the commercial city. Director in charge of Dangote in the South East, Mr. Tunde Mabogunje signed for his company, while the chairman of Bontus Group, Chief Uche Okafor, signed for his company. Okafor said at the signing ceremony that with the agreement, all Dangote products, including sugar, cement, noodles, rice and tomato, would soon flood the eastern part of the country at very competitive prizes. The South East director of Dangote, Mr. Mabogunje, said in addition to sugar, salt, cement and other products, his company would launch its brand of rice before ...
Forbes- Top 10 Richest Men In Nigeria 2017
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Forbes- Top 10 Richest Men In Nigeria 2017

Every year, a renowned website named forbes gather relevant informations and come up with the richest men in the world, in Africa and in Nigeria. As 2017, 9 Nigerians make the billionaires club cut with a some, just few million dollars away from reaching the bench mark. Below are the top 10 richest men in Nigeria according to forbes ranking 2017. 10. Oba Otudeke: Oba Otudeke is the chairman and founder of the honey well group. He is also the chairman of FBN Holdings Plc. His operations spread across oil and gas, flour minning, real estate, and marine transportation.Net Worth: $650 million. 9. Jim Oviah: Jim Oviah is the founder of Zenith Bank. He is the chairman and the largest shareholder with a stake of almost 10%. He also manages a mobile telecom Visafone which has over 3 million subs...
Dangote, Adenuga’s Net Worth Drops By $7.4bn
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Dangote, Adenuga’s Net Worth Drops By $7.4bn

The President of the Dangote Group, Alhaji Aliko Dangote; and Chairman of Globacom, Dr. Mike Adenuga, saw their net worth declined by $3.2bn and $4.2bn, respectively in the past year, according to Forbes 2017 World’s Billionaires list. Dangote retained his position as Africa’s richest person in the latest ranking, with a fortune of $12.2bn, although he was ranked 105th as against 51st last year. The Chairman of Forte Oil, Mr. Femi Otedola; and the Chairman/Chief Executive Officer, BUA Group, Abdulsamad Rabiu, were missing on the list. They were worth $1.8bn and $1.1bn, respectively last year. In 2015, Otedola re-joined the list of African billionaires after a five-year hiatus, with a $1bn fortune. The net worth of the Founder and Executive Chairman, Famfa Oil Limited, Mrs. Folo...
Bike Rider Crushed To Death Along Benin-okene Road
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Bike Rider Crushed To Death Along Benin-okene Road

As shared by Onoriode who lives in Auchi, Edo state where the tragedy occurred.. "This happened last night between dangote truck and a bike rider at the Benin okene road, Auchi. By angle 90 junction. The truck was set ablaze. May his soul rest in peace"
Dangote To Launch Rice Mill In Nigeria
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Dangote To Launch Rice Mill In Nigeria

LAGOS Feb 13 (Reuters) - Dangote Group, controlled by Africa's richest man Aliko Dangote, plans to launch a rice mill with a farm scheme in Nigeria to tap growing demand for paddy in Africa's biggest economy, the company said on Monday. Rice demand in Nigeria hit 6.3 million metric tonnes (MT) in 2015, with 2.3 million metric tonnes produced at home, leaving the country reliant on imports, according to the agriculture ministry. Dangote Group subsidiary Dangote Rice Ltd will launch a pilot project starting with 500 hectares of farmland by Gonroyo Dam, Nigeria's second-largest dam, located in the northern state of Sokoto. The multi-million-dollar project will be expanded to cover a land area of 25,000 hectares across three sites in northern Nigeria by the end of the year, the firm s...

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