News

Aliko Dangote dethroned as Africa’s richest man

Ihesiulo Grace 4 January 2024 0

Johann Rupert, a South African business magnate, has unseated Nigeria’s Aliko Dangote as the wealthiest man in Africa, according to the latest Forbes ranking. The list, released this week, shows that Dangote, who held the top spot for 12 consecutive years, is now the second richest man in

Headlines

War of billionaires: Dangote/Rabiu feud opens lid on high-level shady deals

DailyTimesNGR DailyTimesNGR 5 November 2023 0

*Allegations of forex round-tripping highlighted BY ORIAKU IJELE As two of Nigeria’s topmost tycoons, Aliko Dangote and Abdul Samad Rabiu bicker over age-long economic interests of their companies, indications are rife that some ugly allegations of financial malfeasance are being thrown up, which establishes the fact that the integrity of the twosome could be at […]

Business

Dangote wins employers’ lifetime achievement award

Ihesiulo Grace 6 December 2022 0

Aliko Dangote has bagged a Lifetime Achievement Award from the Nigeria Employers Consultative Association (NECA), the umbrella body of employers in the Organised Private Sector in the country. The award was given during the 2021 Employers Annual Excellence Award held in Lagos as his pan-Africa Conglomerate, Dangote Industries Limited (DIL) was named the “Best Company […]

News

How my brother died in my presence – Aliko Dangote

Ihesiulo Grace 19 November 2021 0

Alhaji Aliko Dangote, said doctors told him that his brother, Sani, would die in an hour, and that he died when it was time, “watching the life support machine going down until it stopped working.” Dangote stated this when the National Leader of the All Progressives Congress (APC), Alhaji Bola Tinubu, paid him a condolence […]

Business Headlines

Nigeria can rake $700m yearly from execution of Sugar Masterplan – Dangote

Ihesiulo Grace 21 September 2021 0

Chairman of Dangote Sugar Refinery Plc, Aliko Dangote, has said that the National Sugar Master Plan (NSMP), when executed as designed, could fetch the nation foreign exchange over $700million yearly from the Backward Integration component of the plan. Dangote made this disclosure recently while receiving in his office some businessmen who were on a visit […]

Headlines News

Dangote, only Nigerian on Bloomberg’s top Billionaires’ list

Ihesiulo Grace 11 August 2021 0

*Fortune increases to $17.8bn Africa’s richest man, Aliko Dangote has significantly moved up in the World billionaires list as his fortune increased to $17.8 billion as against last year’s $14.8 billion to emerge as the only Nigerian in the Bloomberg’s yearly top billionaires lists. Other Africans on the lists are three South Africans. They are […]

News

In 24 Hours Nigerian Billionaire, Aliko Dangote Loses $840M

Ihesiulo Grace 11 January 2021 0

Nigeria Billionaire, Aliko Dangote saw his total net worth drop by $900m on Friday as his flagship company emerged the biggest loser at the end of trading on the Nigerian Stock Exchange, Daily Times gathered. Bloomberg Billionaires Index, which is a ranking of the world’s 500 richest people, showed that his wealth fell from $18.4bn […]

Entertainment News

ID Africa Announces 4th Edition of NET Honours People’s Choice Awards

Ihesiulo Grace 7 June 2020 0

The fourth edition of the NET Honours People’s Choice Awards, an audience data based media awards, is set to hold on June 13, 2020. NET Honours, a property of marketing, media and technology company, ID Africa, is an annual recognition of top performers in the entertainment industry and public sector, based on audience data from […]

Politics

”Why do your trucks kill more people in a month than Covid 19?”-FFK questions activities of Aliko Dangote

Ihesiulo Grace 28 May 2020 0

Femi Fani-Kayode has once again taken to twitter to blast Nigeria’s richest industrialist, Aliko Dangote. In a tweet on Thursday, He wrote, ”Why do Dangote trucks kill more people in a month in Nigeria than Covid 19 and malaria and how come they get away with it? Why are they smuggling thousands of almajiris, ISWA […]

News

Buhari salutes Aliko Dangote at 63

Ihesiulo Grace 10 April 2020 0

Abuja – President Muhammadu Buhari has felicitated with foremost industrialist, investor and philanthropist, Alhaji Aliko Dangote, on the occasion of his 63rd birthday anniversary, wishing him and his loved ones a splendid day. The president, in a congratulatory message by his spokesman, Mr Femi Adesina, in Abuja on Friday, saluted the large-heartedness of Africa’s

Featured

Just in: Aliko Dangote Africa’s wealthiest man becomes $4.3bn richer

Ihesiulo Grace 2 January 2020 0

LAGOS – Aliko Dangote, 62-year-old Nigerian businessman and Africa’s most prominent industrialist has became $4.3 billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar. Aliko Dangote ended the decade with a net worth of almost $15 billion, making him the 96th wealthiest man in […]

News Oil & Gas

Dangote Refinery good example of local content- Wabote

Ihesiulo Grace 4 December 2019 0

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDM), Mr Simbi Wabote, says the 650,000 barrels per day Dangote Refinery project is an actualisation of Local Content development in Nigeria. Wabote made this known while fielding questions from newsmen at the ongoing 9th Practical Nigerian Content Forum in Yenagoa on Wednesday. Shell, Chevron,

Business Featured

Africa is Coca-Cola’s future growth driver-CEO

Ihesiulo Grace 21 November 2019 0

Coca-Cola Chief Executive Officer, James Quincey has stated that the African region is the Company’s Future growth driver. Quincey, who stated this during his recent visit to Nigeria and South Africa, said his visit was a testament of Coca-Cola’s commitment to Africa and its interest in the vast opportunity that the continent presents in driving […]

Business

Tanzania’s govt falls out with Dangote over failed reports

Ihesiulo Grace 5 October 2019 0

The Tanzanian government has fallen out with Dangote cement after hardly five years since its triumphant entry into the Tanzanian market in 2015 that touted it as a model investor. The East African reports that this past week, the company was accused of not filing its operations report with the Tanzania Investment Centre (TIC) as […]

Health

Bill Gates opened my eyes – Dangote

Ihesiulo Grace 26 September 2019 0

The Chairman, Dangote Group, Alhaji Aliko Dangote said that he had no idea the level of neglect in Nigeria’s health sector until he had a conversation with Bill Gates. Dangote said on Wednesday in New York at the 2019 Goalkeepers meeting of the Bill and Melinda Gates Foundation. He said that since his conversion with […]

Business

Dangote Cement bags of Goodies: Laborer wins first saloon car promo in Lagos

Ihesiulo Grace 30 July 2019 0

Temitope Adebayo A laborer at a block moulding site in the Lagos Island on Monday emerged the first saloon car star prize winner in Lagos State in the on-going multi-billion Naira, Dangote Cement National Consumer Promotion tagged, “Bag of Goodies”, just as several other winners had their winning scratch cards redeemed. The winner, Mujahid Shiabu, […]

Business

First grand prize winner emerges in Dangote Cement promo

Ihesiulo Grace 17 July 2019 0

Motolani Oseni An Abraka, Delta State based cement retailer, Benjamin Igherighe has emerged as the first grand prize winner in the ongoing Dangote bag of goodies promo, winning a brand new saloon car. The car was presented to him at a grand ceremony held in Warri, Delta State. Group Managing Director, Dangote Cement plc, Engr. […]

Business

Investors laud Dangote Sugar Refinery for consistent dividend payment

Ihesiulo Grace 19 June 2019

Motolani Oseni Shareholders of Dangote Sugar Refining Plc, on Tuesday lauded the management of the company for taking care of them through consistent dividends payment. The board and management of the sugar refinery was commended for its resilience despite the harsh operating environment during the 2018 financial year. Speaking at the Dangote Sugar Refinery Annual […]

Business

Dangote restates commitment to Nigeria’s economic development through continuous, investments, others

Ihesiulo Grace 6 March 2019 0

…As Dangote Cement targets $600m annual exports to African countries President of Dangote Industries Limited, Aliko Dangote, has restated his Group’s commitment to Nigeria’s economic development through continuous innovation, value creation and investments. This is just as he disclosed that Dangote Cement’s exports to other countries are targeted to rise to $600m

Business Headlines

Economic volatility: Dangote steps up investments in Agriculture

Ihesiulo Grace 3 December 2018 0

…Thumbs up FG’s economic blueprint Against the background of Nigeria’s economic vulnerability, President of Dangote Group, Aliko Dangote, has stated that the current efforts of the Federal Government at diversifying the economy to an agriculture centered one remains the viable solution to creating a healthy economy. Dangote, who was speaking at the weekend in his