Tag Archives: DANGOTE

Aliko Dangote, the world’s richest Black billionaire and founder of Dangote Group, has played a crucial role in shaping Africa’s business landscape and positioning Nigeria as one of the most industrialized countries on the continent. With diverse interests spanning various sectors in Nigeria and across Africa, Dangote’s expansive businesses under …

Nigerian billionaire, Aliko Dangote has been spotted in a video showing off his smooth dance moves. The 64-year-old richest man in Nigeria who was at an event hit the dance floor as Teniola’s famous song ‘Case’ was been played. He was captured dancing with a woman as they vibed together …

A recent list compiled by Billionaires.Africa has shaken up the rankings on the Nigerian Exchange, revealing that Abdul Samad Rabiu, the leading billionaire businessman and industrialist, has overtaken Aliko Dangote as the richest investor in the country. According to data tracked by Billionaires.Africa, Rabiu’s holdings in his publicly listed businesses …

For over a decade, Nigerian billionaire, Aliko Dangote, has maintained the top spot as Africa’s richest man. However, the Nigerian business mogul has lost the top spot to South Africa’s Johann Rupert, according to Forbes’ real-time estimates of their net worth. With a current real-time net worth of $10.8 billion, …

According to Forbes magazine, South African billionaire Johann Rupert has ousted Nigerian billionaire Aliko Dangote to become Africa’s richest man. Rupert’s net worth is currently pegged at $12 billion according to Forbes’ Real-Time Global Billionaires Ranking, while Dangote trails behind with a net worth of $10.8 billion as of Friday. …

Billionaires often accumulate and increase their wealth by founding and owning stakes in multiple companies. This is because owning multiple businesses provides a consistent source of income and the potential for a sustained increase in profits and valuation. By diversifying their investments across multiple companies, billionaires can reduce their exposure …

Armed men affiliated with Ethiopia’s rebel Oromo Liberation Army have been blamed for kidnapping more than a dozen staff working for the Dangote Cement factory – owned by Nigerian billionaire and richest man in Africa, Aliko Dangote. Two officials of the company told the BBC the company service bus was …

After gaining $1.9 billion in the first five months of 2022, Africa’s richest man Aliko Dangote has seen his net worth fall by $2 billion in the past three months due to a protracted slide in the share price of his flagship company, Dangote Cement Plc. Dangote, who derives the …

Nigerian billionaire and leading industrialist Aliko Dangote has seen his net worth fall by $700 million since the start of July as a result of the double whammy of stock sell-offs on the Nigerian Exchange and the recent naira depreciation on the country’s official foreign exchange window. According to the …

The Dangote Group has disclosed that it would soon stop accessing foreign exchange (forex) from the Central Bank of Nigeria (CBN). The conglomerate has also revealed that it would expand its operations into the steel sector. Group Managing Director, Dangote Group, Olakunle Alake, made this disclosure during a panel discussion …