Aliko Dangote Archives - DAILY TIMES Nigeria

Dangote signs $1 billion deal to build cement, power plants in Zimbabwe

Promise Eze 13 November 2025 0

Aliko Dangote, Africa’s richest man and chief executive officer of the Dangote Group, says his company has signed an agreement to invest over $1 billion in cement and energy projects in Zimbabwe. Speaking to journalists after meeting with President Emmerson Mnangagwa in Harare on Wednesday,

Business

Dangote’s net worth hits $30.2 billion, ranks 75th globally

Promise Eze 24 October 2025 0

Africa’s richest man, Aliko Dangote, has seen his net worth rise to $30.2 billion, according to the latest data from the Bloomberg Billionaires Index. The report, cited by Naira Metrics, shows that Dangote’s fortune has grown by $2.25 billion (8%) year-to-date, driven by gains in his cement, oil, and fertilizer businesses. Bloomberg’s data also indicates […]

Call Dangote to order, he’s sabotaging Nigerian economy – PENGASSAN president alleges

Awwal Owolabi 29 September 2025 0

Festus Osifo, PENGASSAN president, has accused Aliko Dangote of sabotaging the Nigerian economy while calling on President Tinubu to call the businessman to order. Festus made the allegations on Channels TV during a virtual interview with Seun Okinbaloye on Sunday Politics program. Dangote refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria […]

Business

Dangote says FG takes bigger share of cement revenue through taxes

Promise Eze 17 September 2025 0

Aliko Dangote, the President of Dangote Group, Aliko Dangote, has said the federal government earns more from his cement company through taxes than shareholders receive as dividends. Speaking during a press briefing at Dangote Refinery, Africa’s richest man explained that the company pays 52 percent of its turnover in various taxes. “For every N1 we […]

News

Dangote mocks NUPENG over ‘Greek gift’ remark on fuel price cut

Promise Eze 16 September 2025 0

Aliko Dangote, the President of Dangote Group, has ridiculed the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). He mocked the union for warning Nigerians not to embrace his refinery’s recent fuel price reduction. Daily Trust reported that he said to journalists on Monday at the refinery complex in Lagos. Dangote said the price […]

Business

NUPENG battles Dangote over alleged anti-union practices, monopoly

Promise Eze 6 September 2025 0

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has accused billionaire businessman Aliko Dangote of pursuing what it described as an anti-union agenda in the country’s oil and gas sector. This was contained in a joint statement issued on Friday in Abuja by Williams Akporeha, the union’s National Executive President. The union alleged […]

Business Top Stories

Dangote: Africa losing $90bn annually to substandard fuel imports

Promise Eze 23 July 2025 0

Aliko Dangote, president of the Dangote Group, says Africa is losing as much as $90 billion every year due to the continued importation of substandard fuel. Dangote raised the alarm while speaking at the ongoing West African Refined Fuel Conference in Abuja. He decried the continent’s overdependence on imported petroleum products—most of which, he said, […]

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 Africa. The list of Africa’s wealthiest men […]

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 Top Stories

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 […]

News Top Stories

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 […]

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