The Secret To Dangote’s Wealth
A multi-billionaire and business tycoon, Aliko Dangote is the wealthiest person in Africa with a net worth of about $11.1bn as of May 2021. Aged 64, he was born in Kano on the 10th of April and is the founder and leader of the Dangote Group. Although from a well-to-do background, Dangote did not have […]
5 Business Lessons Entrepreneurs Should Learn From Aliko Dangote
As Africa’s richest man, Aliko Dangote is a source of inspiration to entrepreneurs around the world due to his considerable success and for the fact that he was once a budding entrepreneur. On the way, he encountered many challenges but persevered until he expanded his company and launched the Dangote Group in 1977. Read […]
Do You Know The Nigerians On The 2020 Forbes List?
Recently, Forbes released its annual exclusive billionaires ranking with only 4 Nigerians – Aliko Dangote, Mike Adenuga, Abdul Samad Rabiu and Folorunsho Alakija – making the highly coveted list. Amongst the four, Aliko Dangote, President of Dangote Group retained his spot as the World’s richest black person with a fortune of USD10.1 billion. Mike Adenuga, […]
CBN, Dangote and Access Bank Lead ₦120 Billion Coronavirus Response Effort
The CBN is rallying Nigeria’s biggest private sector firms to fund the country’s battle against the coronavirus. The coalition, led by Dangote and Access Bank, will be supporting the current efforts to deal with the COVID-19 pandemic, the apex bank said on Thursday. Read more Corona Virus Governor of the Central Bank, Godwin Emefiele, explained […]
Dangote Plans to Expand His Business into the United States
Africa’s richest man, Aliko Dangote, says he intends to set up an office for his conglomerate in the United States, as a precursor to growing its presence globally. In an interview granted to an American broadcaster, Dangote explained that the move to diversify his assets beyond the African continent will help him increase his business’s […]
Dangote Refinery has Received the World’s Largest Crude Distillation Equipment
The Dangote Refinery project has taken another step toward commencing operations. The company announced on Monday that it had taken delivery of crude distillation equipment, which is said to be the largest of its kind in the world. The equipment, referred to as an ‘atmospheric tower’, is a huge cylindrical tube, weighing 2,252 tonnes. Official […]
Family Businesses in Nigeria: Dangote Group
The Dangote Group looms large on Nigeria’s economic landscape. The vast business empire dominates cement and sugar production in the country and is a major player in the food and beverage industries. It also has a significant presence in the transportation and property management sectors and has recently forayed into the energy space. The group’s […]
Aliko Dangote Named World’s Sixth Most Charitable Person
Richtopia, a UK-based online business and financial journal, has named Aliko Dangote the sixth most charitable person in the world. The Nigerian business magnate, who is also Africa’s richest man, was placed near the summit of a list of the world’s top 100 philanthropists. Tony Elumelu, another well known Nigerian entrepreneur, got a spot on […]
FIFA Awards: Why Pinnick Invited Dangote, Otedola
Barely one week since his re-election as the president of the Nigeria Football Federation, Amaju Pinnick has begun making and strengthening connections with the country’s top business tycoons, as he moves to fulfill his promise to Nigerians for a financially independent NFF. Pinnick invited Aliko Dangote and Femi Otedola to the most prestigious events in […]
Alhaji Aliko Dangote Advises Nigerians to Do Business in Lagos.
Africa’s richest business mogul, Alhaji Aliko Dangote, on Tuesday, described Lagos as the most convenient and peaceful state for doing business. “I am not advertising for Lagos, but try another state, you will see hell,’’ he said in a terse remark at the forum of `Lagos Means Business.’’ He also supported the Governor Akinwumi Ambode’s […]
Nigerians Who Made Africa’s Billionaires List 2018
The image of Africa continues to be daily shaped by the history and present events of our relationships with the wider world. Nigeria as a nation as its reputation rubbed by the happenings of Africa, and like the Giant Of Africa it is acclaimed to be, it is very obvious that it mounts giant strides in the economy. One particular stride is the inclusion […]
Here’s Some Business Advice From Nigeria’s Most Successful Entrepreneurs
If you were given the chance to meet and seek advice from any of Nigeria’s famously successful businesspeople, who would it be? Would you prefer to hear Mike Adenuga, founder of telecoms giant Globacom, or would you rather have a mentoring session with Folorunsho Alakija, Nigeria’s richest businesswoman? Will it be a tete-a-tete with Aliko […]
Dangote Emerges as the Only African in Bloomberg’s 50 World Best
Bloomberg, a global information and technology company that connects decision-makers to a dynamic network of data, people and ideas – “accurately delivering business and financial information, news and insights to customers around the world”, on Monday announced a new annual multi-platform initiative to honour 50 icons and innovators, who have changed the global business landscape […]
Aliko Dangote Earmarks N200b To Build World Class University
The President and founder of Dangote Foundation, Aliko Dangote is fixed on establishing a N 200 billion world-class university in Abuja, the country’s capital. The proposal has been submitted to the National Universities Commissions as stated by Law. The Law stipulates that an individual or association of individuals who are Nigerian citizens can establish an Institution of Higher Education […]
Dangote Makes List of 50 Most Influential People in the World
Aliko Dangote, the president of Dangote Group has been named among the 50 most influential personalities in the world by Bloomberg, the renowned United States-based news media with bias for business and financial news reporting. The charismatic business man was ranked 41st most influential person in the world. Barack Obama, Angela Merkel and Pope Francis […]
#PhotoSpeaks: DEMO Africa 2015
DEMO Africa 2015 which held at the Eko Hotel and Suites, Lagos between September 24 and 25, 2015 witnessed a large audience of startup owners and stakeholders, who came to grace the event and participate in discussions which centered on boosting the emergence and growth of African startups. Here are pictures from the event: […]