Tag Archives: Aliko Dangote

As reported by Reuters, Dangote Group, controlled by Africa’s richest man Aliko Dangote, plans to launch a rice mill with a farm scheme in Nigeria. This is 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 ...

Internally displaced persons in Adamawa State who received food and relief items in December put religious and sectarian differences aside to thank their benefactors and pray for them. At Churches and Mosques in Jimeta-Yola, and at other distribution points in the seven Local Government Areas most hit by the insurgency, grateful IDPs offered prayers for the donors, as well as ...

Africa’s richest man, Dangote Cement boss, Aliko Dangote, yesterday said he has no interest in actively participating in politics, saying business and politics should never be mixed. Mr. Dangote, the Chairman of Dangote Group, made this known while speaking with journalists during a condolence visit to the Awolowo family over the death of Hannah Awolowo (HID) at the family’s residence ...

Africa’s largest producer of the building material, Dangote Cement, has cut prices of cement in its home market, Nigeria. CEO of Dangote Cement, Onne van der Weijde, said in Lagos that the price cuts to its 3X cement brand by N6,000 ($30.23) per metric tonne, translating to N300 reduction per 50kg bag, and allows Dangote to still achieve strong returns. ...

Africa’s richest man, Alhaji Aliko Dangote has revealed that he doesn’t have any property outside Nigeria despite his immense wealth. The foremost business mogul whose net worth for 2015 is valued at $21.6billion, according to Forbes also disclosed that Chief M K O Abiola advised him against investing in the media. According to Leadership, the chairman of Dangote Groups said ...

In Nigeria, the richest person in real estate is Aliko Dangote, whose net worth is $US 15.9 billion. Although there are no billionaires in Nigeria who have made their fortune solely on real estate, a large part of Aliko Dangote’s wealth comes from his warehouses, luxury flats and commercial buildings in Lagos, Cross River, Kano, Rivers and Abuja. In addition ...