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Tag Archives: DANGOTE

Dangote sues ex-girlfriend for $30,000

Africa’s richest man, Aliko Dangote, has told a U.S. court how his former American girlfriend, who exposed a part of his body via a social media post, is trying to extort $5 million from him. The documents of a civil suit he filed with a pseudonym against the lady identified …

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Dangote Cement Reportedly Fires Over 3000 Staff

    According to reports making the rounds online, Africa’s richest man, Aliko Dangote’s owned Dangote cement has reportedly sacked over 3000 staff without notice. In a now-viral “Termination of appointment” letter reportedly from the HR of the company to terminated staff, the affected staff were instructed to stop work …

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Dangote loses N240 billion in five hours due to coronavirus

Africa’s richest man Aliko Dangote suffered a huge loss due to coronavirus on Wednesday, March 11, as he lost N240 billion in five hours. Dangote’s firms under the parent-company ‘Dangote Group’, suffered huge losses just after the World Health Organisation (WHO) declared coronavirus a pandemic (spreading in multiple countries around …

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Dangote names Ghana as one of the best investment destinations in Africa

Africa’s richest man, Aliko Dangote has named Ghana as one of the countries on the continent where investments produce good results. In an interview with David Rubenstein on Bloomberg TV, the Dangote Group Founder said Ghana has a suitable investment environment. “There are terms involved in inviting foreign investors. But …

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Xenophobia: Shun hate, reprisal attacks – Dangote

Aliko Dangote, Africa’s richest man, has admonished Africans to shun hate and any form of violence against their fellow Africans if they want the continent to prosper. The Nigerian business magnate made the comment in reaction to the ongoing xenophobic attacks on non-South African Africans, especially Nigerians resident in South …

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