Tag Archives: DANGOTE

Aliko Dangote becomes world’s 70th richest person, net worth surpasses $20.4 billion

Africa’s richest man Aliko Dangote has now become the 70th richest man in the world after surpassing U.S. billionaires Dan Gilbert, Abigail Johnson and Thomas Frist, whose net worth has declined by more than $3 billion since the year began. The Nigerian billionaire and chairman of Dangote Group, Africa’s most …

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NDC’s Baba Kamara appointed sole distributor of Dangote fertilizer across West Africa

Former Ghana Ambassador to Nigeria under the John Mahama administration and National Security Advisor Alhaji Yussif Baba Kamara has hit a jackpot from African Billionaire Aliki Dangote. Dangote has appointed the National Democratic Congress big man to lead the introduction and distribution of Dangote Industries’ fertilizer to the Ghanaian market …

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Before Aliko Dangote, these powerful Black billionaires ruled the world

Nigeria’s Aliko Dangote is the world’s number one Black billionaire today and there is a rich history to back the long line of rich people he hailed from. But, not all billionaires known of are from the 21st century. In fact, since the 14th century, some very hardworking and daring …

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Aliko Dangote loses US$500 million as cement firm shares fall

African billionaire businessman Aliko Dangote has seen his net worth fall by more than $500 million in the past 27 days, as shares of his flagship company, Dangote Cement Plc, dropped by a single-digit percent on the Nigerian Exchange. Dangote, the continent’s wealthiest man who has retained his position for …

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I won’t watch World Cup if Ghana beat Nigeria – Dangote

Nigerian billionaire, Aliko Dangote, has said he will not visit Qatar to watch the 2022 FIFA World Cup if Nigeria fails to qualify. Dangote, Africa’s richest men said Nigeria qualifying to the world cup will bring pride to the Nation and not only him. Speaking on his visit to the …

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Dangote Peugeot Automobiles begins operation in Nigeria: Some key details

  Dangote’s auto assembly company starts production Africa’s richest man has three partners in the DPAN project The plant has daily production capacity of 120 vehicles A company partly owned by Africa’s richest man, Aliko Dangote, has started assembling vehicles in Nigeria, Africa’s biggest economy. A recent report by the …

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Dangote loses over US$1 billion in single day as investors book profit

Africa’s richest man Aliko Dangote has seen his net worth slump by over $1 billion in a single day. His net worth fell below the $20-billion mark on Thurs., Dec. 9, due to a decline in the market value of his stake in his flagship company, Dangote Cement Plc. Dangote, …

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Africa needs maximum 20 of Akufo-Addo’s leadership to develop – Dangote

Dangote speaks at Development Finance Forum held in Accra Nigerian business magnate, Dangote challenges African leaders to fix power supply challenge Dangote tags Akufo-Addo, Paul Kagame and Alassane Ouattara as visionary leaders Africa’s most successful businessman, Aliki Dangote has posited that the continent of Africa only requires a maximum of …

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Dangote is Africa’s richest for 8th consecutive year – Bloomberg

Africa’s richest man saw his fortune grow by 3 billion dollars over the last year, according to American business news portal, Bloomberg. Nigeria’s Alhaji Aliko Dangote, whiles consolidating his place as the continent’s undisputed money man has also risen up the global rankings to the 117th most richest. This is …

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Why the price of Nigeria’s Dangote cement is high

  The management of Dangote Cement Plc says the increase in the price of cement is due to the Value Added Tax which was included on April 12. Currently, the price of a bag of cement from its factories and plants in Obajana and Gboko is N2,450 and N2,510 at …

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