Wednesday, April 10, 2019

Tag "aliko dangote"

    EXTRA: I’ll fire Wenger if I buy Arsenal, says Dangote

EXTRA: I’ll fire Wenger if I buy Arsenal, says Dangote

Aliko Dangote, Nigerian businessman, says the first thing he will do if he acquires Arsenal football club is to fire Arsene Wenger, the coach.In an interview with Bloomberg, Dangote said his desire to own the club dates back to the mid-1980s.Dangote said he'd consider making an offer once the construction of his $11 billion oil refinery in Lagos is completed."The first [...]

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    Dangote: We want to reach 1m malnourished children by 2021

Dangote: We want to reach 1m malnourished children by 2021

Aliko Dangotee, chairman of Dangote group and Africa's richest man, says he plans to reach out to 1 million malnourished children in Nigeria by 2021.Speaking at the formal launch of the Strengthening African Processors of Fortified Foods (SAPFF) project in Lagos, Dangote said Nigeria should own and lead its own development.The billionaire, who was represented by Zouera Youssoufou, CEO Aliko Dangote [...]

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    Finish your refinery before 2019, FG urges Dangote

Finish your refinery before 2019, FG urges Dangote

The federal government has urged Aliko Dangote, president of Dangote group, to make sure that he achieves his target of ending fuel importation in the country by December 2019.Ibe Kachikwu, minister of state for petroleum resources, made the call when he visited the Dangote oil refinery site at Lekki free trade zone, Lagos state, on Monday.He said there would be [...]

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    Dangote to own 50,000 cows, produce 500m litres of milk by 2019

Dangote to own 50,000 cows, produce 500m litres of milk by 2019

Aliko Dangote, president of Dangote Group, will own 50,000 cows by 2019, and produce 500 million litres of milk per year.The group, principally owned by Africa's richest man, plans to invest $3.8 billion in sugar and rice and $800 million in dairy production in the next three years.According to World Health Organisation (WHO) estimates, Nigeria needs about 1.5 billion [...]

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    Dangote: Nigeria loses N20bn daily to bad Apapa road

Dangote: Nigeria loses N20bn daily to bad Apapa road

Aliko Dangote, president of Dangote Group, says the economy loses about N20 billion daily to the state of Apapa-Wharf road.Dangote, who commended the efforts of the government concerning the rehabilitation, said the state of the road is an embarrassment to the country.He said: "The economy loses more than N20 billion daily. It affects businesses across the country. All our operations [...]

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    Stock Exchange Rally: Dangote makes $1.1bn in six days

Stock Exchange Rally: Dangote makes $1.1bn in six days

Aliko Dangote, Africa's richest man and president of Dangote group, has recorded a $1.1 billion increase in fortune over the last six days.The increase in Dangote's fortune is due to the rally currently being recorded at the Nigerian Stock Exchange (NSE) over the week.TheCable understands that NSE has gained N1.06 trillion in June alone, and about 30 percent of that [...]

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    In 24 hours, Dangote climbs by $500m, Amazon CEO adds $3.3bn

In 24 hours, Dangote climbs by $500m, Amazon CEO adds $3.3bn

Some global billionaires are seeing their wealth explode dramatically, and Nigeria's Aliko Dangote is not left behind.On Thursday, Jeff Bezos, CEO of the world's largest online retailer, Amazon, saw $3.3 billion added to his wealth, following his company's impressive performance.Dangote, Africa's richest man and president of the Dangote Group, also saw his fortune rise by $500 million (N152.5 billion) as [...]

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    ICYMI: Dangote and Bill Gates’ letter on improving health in Nigeria, Africa

ICYMI: Dangote and Bill Gates’ letter on improving health in Nigeria, Africa

Aliko Dangote, Africa's richest man, and Bill Gates, the highest net worth individual on earth, are committed to improving health in Nigeria and Africa.In celebration of World  Immunisation week, Dangote and Gates wrote a joint memo on what they have been doing in Africa and their  hopes for the future of health in Africa.Here's the full letter, just in case [...]

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    Dangote: We pray that very soon, we’ll start having AGMs in stadiums

Dangote: We pray that very soon, we’ll start having AGMs in stadiums

Aliko Dangote, the chief executive officer of Dangote Group, says his prayer is for his company to start holding its annual general meetings in stadiums.Dangote, who turned 60 on Monday, said his group of companies will eventually create up to three million shareholders.While promising to spread prosperity to Nigerians, he said all his companies will be listed on the stock exchange, [...]

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    Akin Adesina: By 2021, Dangote will probably be the world’s largest exporter of rice

Akin Adesina: By 2021, Dangote will probably be the world’s largest exporter of rice

Akinwumi Adesina, president of the African Development Bank (AfDB), says Aliko Dangote, may become the largest exporter of rice in the world by 2021.Speaking at the Mo Ibrahim Forum in Morocco over the weekend, Adesina said Africa must focus on agriculture to drive growth and create jobs on the continent."I remember when I was minister of Agriculture in Nigeria. Aliko [...]

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    TRIBUTE: 60 hearty cheers to Aliko Dangote, the man who made Archbishop Idahosa shed tears

TRIBUTE: 60 hearty cheers to Aliko Dangote, the man who made Archbishop Idahosa shed tears

You know Aliko Dangote as Africa's richest man for four consecutive years, and the largest employer of labour in Nigeria -- after the federal government. But, like everyone of us, all that makes the billionaire is not a single story of business and wealth.Today, Dangote is 60, and a towering giant in Nigeria's socio-political and economic landscape. As the first [...]

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    Failed power sector privatisation ‘may dog Buhari’s plan to sell oil assets’

Failed power sector privatisation ‘may dog Buhari’s plan to sell oil assets’

On March 7, 2017, President Muhammadu Buhari’s government released its much-awaited recovery plan which proposed selling off some of Nigeria's oil stake in order to raise revenue and drive efficiency.The Economic Recovery and Growth Plan (ERGP), which is expected to start in 2017 and run through 2020, aims to reduce Nigeria's stake in joint ventures with Shell, Exxon Mobil, Chevron, [...]

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    Dangote Foundation donates N200 million projects to Kano hospital

Dangote Foundation donates N200 million projects to Kano hospital

The Dangote Foundation on Saturday, presented to the management of Murtala Muhammed Specialists’ Hospital, Kano, N200 million worth of health projects it established in the hospital.According to NAN, the projects are two expanded ultra modern maternity laboratories, maternity blood bank, post maternity ward, Eclampsia ward, theatre and laboratory, as well as six other renovated wards with their facilities.Fatima Dangote, who [...]

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    Dangote to create 3,000 jobs with new truck assembly plant

Dangote to create 3,000 jobs with new truck assembly plant

Aliko Dangote, Nigerian entrepreneur, aims to create 3,000 jobs with the establishment of a truck assembly plant in Ikeja, Lagos.The plant is the result of a partnership between the Dangote group and Sinotruck, a Chinese heavy-duty truck company."The decision to go into the truck assembly plant project was informed by the need to conserve forex in view of the current economic [...]

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    Forbes rates Dangote more powerful than Trump’s VP-elect

Forbes rates Dangote more powerful than Trump’s VP-elect

Aliko Dangote, president of Dangote Group and Africa's richest man, has been rated by Forbes Magazine as more powerful than Mike Pence, the vice president-elect of the world's most powerful nation, the US.On its 74-person list of the most powerful people in a world of 7.4 billion people, Forbes rated President Vladimir Putin of Russia as the most powerful person alive.Putin [...]

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    Dangote becomes UI’s 100th honouree in 68 years, donates N250m to its Business School

Dangote becomes UI’s 100th honouree in 68 years, donates N250m to its Business School

Aliko Dangote, president of Dangote group has become the 100th person to receive a honorary doctorate degree from the University of Ibadan, Nigeria's premier university, in its 68-year existence.Speaking to Dangote's decoration, Umar Mustapha, the pro-chancellor and chairman of council, said "University of Ibadan has awarded 99 honourary degrees in its 68 years of ethe 100th goes to Aliko Dangote".Dangote, [...]

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Exchange Rates

April 10, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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