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Tag "aliko dangote"
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Aliko Dangote, Africa's richest man, has redeemed his pledge of $50,000 per goal to the Super Eagles.This is coming days after Femi Otedola, billionaire businessman and former chairman of Forte Oil PLC, fulfilled his pledge to give the Nigerian team the sum of $25,000 per goal at the just concluded 2019 Africa Cup of Nations in Egypt.The duo had made the [...]
Aliko Dangote and Femi Otedola, Nigerian billionaires, have promised the Super Eagles $75,000 for every goal scored in their remaining games at the ongoing Africa Cup of Nations.Dangote has promised $50,000 per goal, while Otedola pledged the sum of $25,000 for each goal scored by the Eagles.Earlier in the group stage of the 2019 AFCON, Aiteo group, one of the [...]
Aliko Dangote, president of Dangote Group, says Nigeria is currently losing at least 300,000 tonnes of sugar to smuggling annually.He also said the smuggling activities in the sugar industry has hindered the employment of at least 250,000 Nigerians, adding that it has also led to economic sabotage.According to NAN, he made this known during the Dangote Sugar Annual General Meeting (AGM) [...]
Aliko Dangote, president of Dangote group, says the poor performance of the country’s power sector is hindering growth of the economy.Dangote spoke at a consultative roundtable session for public and private sector stakeholders in Lagos on Saturday.The programme was organised by the Central Bank of Nigeria (CBN).According to Dangote, Nigeria had been struggling to increase its electricity output for the [...]
Kashim Shettima, governor of Borno state, has denied speaking in support of the creation of additional emirates in Kano state.Speaking with reporters at the end of a meeting of the Northern Governors' Forum in Kaduna, Shettima said he has a special relationship with Abdullahi Ganduje, governor of the state, and Muhammadu Sanusi, emir of Kano, and cannot take sides in [...]
Femi Otedola, billionaire businessman, celebrated Aliko Dangote, Africa’s richest man, with a touching tribute on his 62nd birthday.On his official Instagram page on Wednesday, the business tycoon affectionately described Dangote as his “brother” and the “greatest man that has come out of Africa”.Listing his business achievements, Otedola said Dangote is a “titan that God created specially for mankind”."Happy birthday to [...]
Ngozi Okonjo-Iweala, former minister of finance, has backed Aliko Dangote, Africa's richest man, on the need to rectify issues with the African Union passport.Okonjo-Iweala, showing appreciation to some African countries, explained that the unifying passport did not guarantee her visa-free entry into all African countries.Speaking in Abidjan over the weekend, Dangote said he, and a few other people, have got the African [...]
Aliko Dangote, president of the Dangote Group, says he, and a few other people, have got the African Union passport, but he still was asked to get a visa before he could enter Angola.The African Union passport is supposed to be the unifying passport aimed at solving Africa's cross-border issues on the continent.The passport is a common document that is set [...]
Aliko Dangote, Africa's richest man, says he withdrew $10 million just to look at it and convince himself that he is rich.Speaking at the Mo Ibrahim governance weekend, ongoing in Abidjan, Dangote said he knew he was rich on paper, but had to convince himself that he was indeed rich.To do this, the multi-billionaire said he drove to a bank, [...]
Aliko Dangote, president of Dangote Group, says there are better days ahead for the business community in Nigeria, despite the elections ongoing in the country.Dangote said there is a lot happening in Nigeria, and elections did not deter his companies from investing in the country."I think from the business community, things are going to continue to grow in terms of trajectory. [...]
The Central Bank of Nigeria (CBN) says it will start sourcing foreign exchange from Dangote Group as soon as the latter's refinery and fertilizer projects begin operations.Speaking during the weekend during a tour of the construction site, Godwin Emefiele, the CBN governor, said the operations from both plants will result in huge forex earnings for the country.The fertilizer refinery is [...]
Aliko Dangote, Africa's richest man, Femi Otedola, billionaire businessman and Bola Tinubu, a national leader of the All Progressives Congress (APC), have been named members of the ruling party's presidential campaign council for the 2019 elections.Femi Adesina, presidential spokesman, disclosed this in a statement issued on Friday.The council made up of at least 70 individuals.It is co-chaired by Buhari and Tinubu,with Vice-President [...]
Aliko Dangote, president of Dangote Group, says the conglomerate's revenue base will hit $30 billion by 2020 -- a feat he would have considered impossible 10 years ago.Speaking at the first ever Africa Investment Forum (AIF) in Johannesburg, South Africa, the multibillionaire said five men built America and those five do not include President Donald Trump.He added that Africa could do [...]
Aliko Dangote, Africa's richest man, and his conglomerate, the Dangote Group, have been reported to be responsible for over 10 percent of Nigeria's gross domestic product (GDP).The report, published by TIME Magazine, says Aliko Dangote is currently worth $14.1 billion, but his company's investment is responsible for much more than his net worth.According to the World Bank, Nigeria's GDP stood [...]
The Nigerian Stock Exchange is now among some of the worst performing stocks globally.This is according to data compiled by Bloomberg.The bourse had been listed as one of the top five best-performing stocks globally at the end of 2017 by S&P Dow Jones Indices.At the end of 2017, the Nigerian Stock Exchange grew by 43%, a feat S&P Dow Jones [...]
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