The pursuit of wealth should be motivated by a desire for financial security, not hunger for status or a luxurious lifestyle. If you start young and develop the right financial habits, a seven-digit net worth is a sure and attainable goal and will be knocking at your door. That’s...
Aliko Dangote
By EMMANUEL JIMOH, Benin – Edo State Governor, Godwin Obaseki says the newly-inaugurated 650,000 barrels per day (bpd) Dangote Refinery and Petrochemical Company will save Nigeria over $3 billion annually from importation of petroleum products. He said the refinery was a game changer for Nigeria which will open a...
By OLA MUDOPE, Osogbo – The Executive Governor of Osun State, Senator Ademola Adeleke has described the just completed Dangote Refinery as “a continental game changer with huge capacity to positively transform Nigeria and African economy” In a congratulatory message to the Chairman of Dangote Holdings, Alhaji Aliko Dangote,...
In what could be described as a game-changing achievement, the Dangote Refinery, established by Africa’s richest man, Aliko Dangote, is set to begin operations and meet Nigeria’s fuel supply requirement. The refinery, located in the Dangote Industries Free Zone, Ibeju-Lekki, Lagos, Nigeria, has been designed to process crude oil...
By JOY ADARA, Abuja – The Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba, has ascribed the huge investment in the Dangote Refinery, one of Nigeria’s flagship free trade zones, to the unrivaled patriotic posture of the African richest man, Alhaji Aliko Dangote. Adesugba,...
The Nigeria Employers” Consultative Association (NECA) said the planned inauguration of Dangote Refinery was a succour to a nation in dire need of industrial renaissance. The Director-General, Mr Adewale-Smatt Oyerinde, made this known in a statement on Thursday in Lagos. “With the petroleum refinery and petrochemical plant as well...
The President, Abuja Chamber of Commerce and Industry (ACCI), Dr Al-Mujtaba Abubakar has said that Dangote refinery would revolutionise the Nigerian oil and gas sector. Abubakar who stated this in a statement by Mrs Olayemi John-Mensah, ACCI’s Media/Strategy Officer on Tuesday in Abuja, described the refinery as a game-changer...
President, Dangote Group, Alhaji Aliko Dangote, has emphasized the need for joint actions by global stakeholders to achieve the collective goal of eliminating malaria disease by 2030. Dangote, also United Nations’ Malaria Ambassador for Nigeria, said this in his World Malaria Day statement titled; “With Urgent Investment, Innovation and...
By DAVID IORJA, Abuja – President Muhammadu Buhari on Monday greeted leading businessman and philanthropist, Aliko Dangote, as he marks his 66th birthday, wishing him a long, healthy life and a joyful year ahead. The president’s congratulatory message was contained in a statement issued by his spokesman, Malam Garba...
Dangote Sugar Refinery Plc has reported a Profit Before Tax (PBT) of N82.3 billion for the year ended Dec. 31, 2022. The company made this known in its annual report on Friday in Lagos signed by Mr Anthony Chiejina, Chief Corporate Communications Officer, Dangote Group. This, the company said,...
Alhaji Aliko Dangote, President, Dangote Group, Mrs Nkechi Obi, Chief Executive Officer, Techno Oil and 25 others have bagged the Vanguard Newspaper awards under various categories. The News Agency of Nigeria (NAN) reports that the awards were presented at the 11th edition of the Vanguard Personality of the Year...
Africa’s foremost industrialist, Aliko Dangote, is optimistic that the new multibillion Naira investment in the sugar sub-sector would help provide no fewer than 300,000 jobs in Nigeria. A statement from the Corporate Communication Department of the company, said that the Group’s President, Dangote said the company was providing fresh...
A Federal High Court, Abuja, on Wednesday, restrained the Kogi State Government from shutting down Dangote Cement PLC in Obajana area of the state. The court also stopped the state government from disrupting or suspending the activities of Dangote Coal Mines Ltd and Dangote Industries Ltd in Okaba, Ankpa...
Africa’s richest man, Aliko Dangote, has bounced back from the huge losses that saw over N300 billion wiped off his wealth in 8 hours. On Monday, 22 August 2022, Bloomberg reports that Dangote’s wealth jumped by $34.8 million, which is over N14.9 billion when exchanged at N430 to a...
Gov. Bello Matawalle of Zamfara has been conferred with a national award on security by the President Mohammed Bazoum of Niger Republic. Bazoum, who presented the award to Matawalle at a ceremony on Wednesday in Niamey, said the governor was recognised for his immense contribution to the fight against...
Political bigwigs attended the opening of the two-day Nasarawa Investment Summit in Lafia on Wednesday. Those who graced the occasion included Vice-President Yemi Osinbajo, Ghana’s former President John Mahama, and former Emir of Kano, Alhaji Muhammad Sanusi. Others were Sen. Abdullahi Adamu, National Chairman of the All Progressives Congress...
By DAVID IORJA, Abuja – President Muhammadu Buhari has urged entrepreneurs and investors to channel ideas and resources into areas of the economy that stimulate growth, with long-term effect on job creation and poverty reduction, assuring that fixing infrastructure remains government’s top priority. Receiving Chairman of Dangote Industries Ltd,...
President Muhammadu Buhari says the 2.5 billion dollar Dangote Fertiliser Plant in Ibeju Lekki, Lagos, will boost Nigeria’s foreign exchange earnings and accelerate economic growth. The News Agency of Nigeria (NAN) reports that Buhari spoke on Tuesday while inaugurating the three million metric tonnes per annum urea production plant....
It is often said that one man’s loss is another man’s gain. The war between Russia and Ukraine has undoubtedly brought great loss to both parties as lives and properties have been lost. However, in a war, there are undoubtedly two parties which include those who will benefit and...
Aliko Dangote got off to a great start in 2022, adding about $950 million to his fortune since the year began. The Nigerian billionaire’s wealth rose following a year-to-date price increase in the shares of Dangote Cement Plc. Last year MTN Nigeria made a net revenue of 298.65 billion...