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Tag: Aliko Dangote

Dangote Cement Wins “2015 African Business Of The Year” Award

Dangote Cement Plc. has been given the award of the “African Business of the Year” at the 2015 African Business Awards which held at the Four Seasons Hotel in New York on 24th September, 2015. The Award was organised by African Business magazine. Aliko Dangote, chairman of Dangote Group is ranked by Forbes magazine as […]

Dangote, Obasanjo and Prince Andrew Launch an Entrepreneurship Financing Programme for Young African Entrepreneurs

Good news for Africa’s entrepreneurs, as African leaders – political and economic – are stepping up towards seeing the growth of Africa’s entrepreneurship. The Duke of York, Prince Andrew, Africa’s foremost entrepreneur, Aliko Dangote and former President of Nigeria, Olusegun Obasanjo have decided to drive the empowerment of young African entrepreneurs and their businesses. This […]

Dangote Reduces Cement Price in Nigeria to Boost Consumption

Dangote Cement Plc. has slashed the price of cement in Nigeria in an attempt to boost cement consumption. The company is also hoping the lower prices will help increase export sales to neighbouring nations. According to information made available to the Nigerian Stock Exchange (NSE), Dangote Cement would reduce the price of  its 3X brand of cement in […]

Dangote to Address African Startup Owners at DEMO Africa 2015

Founder and Chairman, Dangote Group, Alhaji Aliko Dangote has been confirmed as a guest speaker at the upcoming DEMO Africa 2015 event which is set to hold in September. The conference is set to take place at the Eko Hotel and Suites, Lagos between September 24 and 25, 2015. A large global audience of startup […]

How to Save Our Capital Market Investment

“Tell me nobody has seen this” were the words that entered my mind as I judiciously looked at the stock market report for the umpteenth time last Friday—as I always do every day of every year for the past seventeen years. My light bulb moment was brought on by the phenomena we see every day […]

Aliko Dangote, Ngozi Okonjo-Iweala, Tony Elumelu and Others to Star in BET Documentary, Africa Straight Up

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BET and Africa.com are joining forces to present Africa Straight Up, an inspiring documentary that goes behind the headlines to delve deep into the rich, complex truths about contemporary Africa. Taking a comprehensive look at the story of Africa and the African diaspora, Africa Straight Up features contributions from businessman Aliko Dangote, economist Ngozi Okonjo-Iweala, philanthropist and entrepreneur Mo Ibrahim, entrepreneur […]

Nigeria Today: Top Ten News Stories You Shouldn’t Miss

1.CBN Governor, Mr. Godwin Emefiele has disclosed plans by the bank to collaborate with the Ministry of Industry, Trade and Investment, Ministry of Agriculture as well as the National Youth Service Corps (NYSC) to promote import-substitution policies in the country.  Emefiele said this in a keynote address presented at the 48th annual bankers’ dinner organised […]

Nigeria’s Record Breakers

Nigeria is known for so many things, both positive and negative. Despite the country’s reputation in areas of corruption, oil bunkering, internet scams and poverty, Nigeria is undoubtedly also home to exceptionally brilliant minds and industrious people. As we are currently immersed in the fight against terrorism in the north, abduction of school children, mass […]

Nigeria Today: Top Ten News Stories You Shouldn’t Miss

1. The Nation’s households need 60,000MW for regular power supply. The Minister of power, Prof. Chinedu Nebo stated this in Lagos at the pre-conference workshop of the 32nd yearly International Conference and Exhibition of Nigeria Association of Petroleum Explorationist (NAPE). 2. Government may earn N35.84billion from the licence sale of NCC’s 2.6GHz spectrum auction. 3. […]

Aliko Dangote to Speak at 2nd Africa Global Business Forum

  Africa’s richest man, Aliko Dangote, will join other leading business leaders and world leaders at the 2nd Africa Global Business Forum, taking place on October 1st and 2nd in Atlantis The Palm, Dubai. ‎Dangote made this known in a statement issued by his office and will join in drawing out the story of the […]

Dangote Partners With Blackstone, Carlyle in $5bn Energy Deal

Africa’s richest man Aliko Dangote has gone into partnership with the world’s two biggest private-equity firms, Blackstone Group LP and Carlyle Group LP to invest in energy infrastructure in Nigeria and Africa. “They want to invest heavily,” Dangote said in an interview with Bloomberg news. They couldn’t really find a local partner to work with […]

F.G, Dangote Sign $1 Billion Rice Investment MoU

Nigerian Government on Friday announced it has signed a $1 billion rice investment Memorandum of Understanding (MoU) with Africa’s richest man, Aliko Dangote. The MoU which was signed at the State House in Abuja saw the Minister of Agriculture, Adewunmi Adesina, and Mr. Dangote sign on behalf of the Federal Government and Dangote Group respectively. […]

Aliko Dangote, Ngozi Okonjo Iweala Among TIME’s 100

  Aliko Dangote and Ngozi Okonjo Iweala has been named as part of TIME’s 100. Aliko Dangote is named one of TIME’s 100 Titans and Bill Gates wrote an article on him saying, “Aliko is Africa’s richest man, and his business activities drive economic growth across the continent. That’s impressive, but I know him best […]

Dangote Cement Achieve a Record Revenue of N386.2bn

Dangote Cement Plc, on Wednesday, March 26, 2014 announced its financial performance for the year ended December 31, 2013 with a revenue of N386.2 billion, an increase of 29.4 per cent from N298 billion in 2012. Profit before tax stood at N191 billion compared with 135 billion, while profit after tax rose to N201 billion […]