Business News

Multinationals partner AfroChampions Club on Africa’s development

Ihesiulo Grace 19 October 2017 0

….Obasanjo, Mbeki, Dangote, others driving initiative The AfroChampions Initiative has just taken a new step with the official creation of the AfroChampions Club, a new platform to mobilise African multinationals to accelerate the economic integration of the continent. At the invitation

Business Capital Market News

Dangote Refinery: Africa’s Biggest Refinery Takes Shape

Ihesiulo Grace 16 October 2017 0

The completion of Dangote Refinery in 2019 will mark another milestone in the Nigerian oil and gas industry as the $11 billion refinery hold the prospect of stopping of refined petroleum products by Nigeria. The Dangote Refinery will produce 650,000 barrels per day of refined petroleum products to meet all the country’s refined petroleum products […]

Business

Bloomberg, Dangote inaugurate first Global Business Forum

Ihesiulo Grace 21 September 2017 0

On the sidelines of the United Nations General Assembly, Bloomberg Philanthropies hosted by former mayor of New York Michael Bloomberg, inaugurated its first Global Business Forum with an astounding line up of global innovators, including Africa’s richest man, Nigerian industrialist Aliko Dangote. Following talks by former US president Bill Clinton, French president

Agriculture Business Headlines

At UN General Assembly, Dangote says Africa’ll become world’s food basket

Ihesiulo Grace 21 September 2017 0

*Nigeria to create 45m jobs needed in Africa Business mogul, Aliko Dangote told investors “Agriculture, agriculture, agriculture. Africa will become the food basket of the world.” In a packed room at the headquarters of global law firm Shearman and Sterling LLC high level business leaders and international diplomats invited by the Corporate Council for Africa […]

Agriculture Business

Aliko Dangote at UN General Assembly in New York: “Africa will become the food basket of the world”

Ihesiulo Grace 20 September 2017 0

Nigerian business leader Aliko Dangote told investors “Agriculture, agriculture, agriculture. Africa will become the food basket of the world.” In a packed room at the headquarters of global law firm Shearman and Sterling LLC high level business leaders and international diplomats invited by the Corporate Council for Africa to hear Africa’s richest man,

Business Sports

Dangote to fire Wenger

Ihesiulo Grace 17 August 2017 0

Africa’s richest man, Aliko Dangote’s first order of business if he succeeds in buying English Premier League football club Arsenal will be to fire Arsene Wenger. Dangote, who has coveted the team since becoming a supporter in the mid-1980s, told Bloomberg that he will make an offer for the club once the construction of his […]

Business

Stanbic IBTC in capable hands, says Atedo Peterside

Ihesiulo Grace 28 April 2017 0

  Outgoing Chairman of Stanbic IBTC Holdings PLC, Atedo Peterside, has expressed confidence in the ability of the board, management and staff to maintain the organization on a steady path of growth as he takes a final bow from the institution that has become synonymous with his name. He spoke at a send-off dinner in […]

Business

Dangote to be largest rice exporter in 5 years – Adesina

Ihesiulo Grace 19 April 2017 0

President of the African Development Bank (AfDB), Akinwumi Adesina, has said billionaire businessman, Aliko Dangote, may become the largest exporter of rice in the world by 2021. Speaking at the Mo Ibrahim Forum in Morocco over the weekend, Adesina said Africa must focus on agriculture to drive growth and create jobs on the continent. “I […]

Headlines News

Obasanjo’s library: Osinbajo, Jonathan, Annan, others storm Abeokuta

Ihesiulo Grace 4 March 2017 0

Security operatives from the Nigerian Army, Department of State Services (DSS), Nigeria Police Force, Nigeria Security and Civil Defence Corps (NSCDC), Nigeria Customs Service (NCS) and security dogs keep vigil at the sprawling Olusegun Obasanjo Presidential Library (OOPL), Abeokuta, Ogun State, as over 12 serving and past African presidents, governors and ambassadors

Business Headlines

World Economic Forum: DANGOTE CANVASSES GENUINE EFFORTS AT TACKLING POWER DEFICIT

Ihesiulo Grace 17 January 2017 0

Foremost industrialist and President of Dangote Group, Aliko Dangote, Tuesday told the audience at the World Economic Forum (WEF) holding in Davos, Switzerland, that a joint effort between government and private sector to tackle the power deficit remained a key element in boosting the economy of Africa. Dangote, who also spoke about his efforts at […]

Brands and Marketing Business Headlines News

Dangote Cement Posts N74.7bn Profit in 2015 First Quarter

Ihesiulo Grace 15 May 2015 0

Nigeria’s largest cement producer, Dangote Cement has announced a gross profit of N74.7 billion for the three months ended 31st March 2015, indicating an increase of 10.5 percent over N67.63 billion recorded in the same period in 2014. According to the cement giant’s unaudited results for first quarter of 2015, revenues rose by 10.8 to […]

Sports

Arsenal: Dangote Urged Not to Splash Cash

Ihesiulo Grace 12 May 2015 0

A leading African businessman, Aliko Dangote, has been urged not to splash his cash on buying Arsenal. Dangote said earlier this month he still hoped to purchase a controlling stake in the Gunners, despite having interest rebuffed in 2010. “I might buy it, not at a ridiculous price, but a price that the owners won’t […]