Tag Archives: Aliko Dangote

Africa’s richest business man,Aliko Dangote, on Tuesday, described Lagos as the most convenient and peaceful state for doing business.

The Dangote Business School in Bayero University, Kano, has been commissioned to serve as an incubation centre for entrepreneurship and entrepreneurial development in the country. The building complex, which comprises lecture theatres, libraries, offices and cafeterias among others, was unveiled by the Emir of Kano, Muhammadu Sanusi II.  The project, Daily Trust on Sunday gathered, was in fulfilment  of a ...

The Dangote Rice Out-grower Scheme in Jigawa State has reached a turning point when the President of Dangote Group, Aliko Dangote, laid a foundation stone for the construction of a multi-billion Naira rice processing mill in Hadin, Jigawa state. The mill with a capacity to process 16 metric tons of paddy rice per hour, when completed, will in a year ...

Sokoto Governor, Aminu Tambuwal, on Wednesday, promised to handover 27 hectares of land for immediate establishment of Dangote Rice Mill in the state as the company prepares for production this year. Tambuwal stated this when he received a delegation from Dangote Industries Limited led by Mansur Ahmed, Director, Stakeholder Relations and Corporate Communications in Sokoto. The governor pledged his administration’s ...

In his avowed commitment to encouraging entrepreneurship in the country as a way out of the economic doldrums, Nigeria’s business magnate, Aliko Dangote, is donating another N1.2 billion structure for running of the business school in Bayero University, Kano (BUK). The building, which will be handed over to the university management next month, is a state-of-the-art edifice and will effectively ...

The management of Alheri Engineering Company Limited has denied owing the Federal Government $75,500,000 (about N27.18 billion). Dangote THE Federal Government announced on Tuesday, the termination of the concession contracts for management of Fibre Optic Network of the Transmission Company of Nigeria (TCN), which involved the company owned by Aliko Dangote and Phase3 Telecom Limited, based on alleged debt of ...

Nigerian entrepreneur, Aliko Dangote, is now worth N4.3 trillion Naira, a recent Forbes ranking has shown. Nigeria’s 2017 budget was N7.298 trillion and Dangote’s new net worth is more than half of it. His net worth, which is put at $12.2 billion, is five times the 2017 budget of Lagos state, which was N813 billion. According to Forbes, Dangote’s wealth ...

Aliko Dangote, President and Chief Executive of Dangote Industries Limited, has been rated as the richest man in Africa by Forbes. Dangote, ranked Africa’s richest with a net worth that Forbes pegged at $12.2 billion, is being so declared for the seventh year running. The Nigerian billionaire’s net worth recorded an increase of about $100 million from last year. Similarly, ...

A business magazine, Bloomberg, has named the President of Dangote Group, Aliko Dangote, in its Bloomberg 50 list. The Bloomberg 50 is a new initiative which lists individuals, who have shaped the global business, finance, entertainment, technology, science and political space in a year. It is a multi-platform initiative that honours 50 business icons and innovators. The magnate is described ...

The Vice President, Yemi Osinbajo has inaugurated the Nigerian Industrial Policy and Competitiveness Advisory Council (NIPCAC), at the State House, Abuja. The Federal Executive Council (FEC) had earlier approved the establishment of NIPCAC in March 2017 as a vehicle for partnering the private sector to drive Nigeria’s industrialisation agenda. Osinbajo, on Monday, chaired the meeting of the NIPCAC alongside other ...