Dangote Fertilizer Plant Nears Completion
Dangote Industries Limited has continued to pull remarkable strides towards ensuring Nigeria become self-sufficient in the agricultural sector especially as regards the importation of fertilizer into the country. Dangote fertilizer plant at the moment is going through different stages of pre-commissioning and test-run to the delight of the business tycoon and Africa’s richest man (Aliko […]
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 […]
Family Businesses in Nigeria: Alhaji Alhassan Dantata and Sons
Nigeria’s biggest corporations have such a wide reach, it’s hard to imagine a time in which they didn’t exist. Among this group is Alhassan Dantata and Sons, an institution that’s practically inseparable from the country’s own economic evolution. It has gone from a being a simple kolanut trading venture to a collection of energy, construction […]
Did You Know? Nigeria’s Biggest Business Deals So Far in 2019
Nigeria’s big businesses are sealing deals, and frontline startups are snapping up millions in big-time funding rounds. It’s the story of half a year in an economy’s life. Despite concerns that the country’s commerce and industry stands on wobbly foundations, investments continue to happen. Analysts say we should be cautious about the numbers; after all, […]
Did You Know? Alhassan Dantata, Nigeria’s Kolanut Millionaire
In an age bossed by billion dollar rich tech startup founders, it’s easy to get so swamped by today’s apparently unparalleled success stories that we think our generation is somehow better than past ones. After all, when else in mankind’s history has a barely tangible thing (digital technology) laid the foundation for a single person’s […]
Video Of The Week: Aliko Dangote’s Top 10 Rules For Success
Being Nigeria’s wealthiest man, Aliko Dangote comes with great knowledge about what works and what doesn’t in the entrepreneur’s journey. Today, we have the privilege to listen to a man who has spanned decades of entrepreneurship, made mistakes in business and learned from these mistakes. In this video, Aliko Dangote dishes out 10 note-worthy rules […]
NIMASA Staff Emerges Winner Of 6th Ships & Ports Table Tennis Championship
Jeremiah Ikoko, an employee of the Nigerian Maritime Administration and Safety Agency (NIMASA), has emerged the winner of the just concluded 6th Ships & Ports Table Tennis Championship held at the Apapa Club in Lagos on Saturday. The annual event which is aimed at fostering good interaction and networking between maritime industry workers was sponsored by Dangote […]
Dangote to Launch Its 25,000 Hectare Rice Outgrower Scheme in Sokoto
Thousands of rice growers in three states in Nigeria’s northern region will be getting support from Dangote to grow rice for the company’s rice supply arm. This arrangement is part of Dangote’s Rice Outgrower Scheme which will see 25,000 hectares of farmland cultivated and about 50,000 farmers engaged. Dangote announced in a press release on […]
Dangote Sets Up Truck Assembly Plant in Lagos
In a move that signals a desire to use the current foreign exchange uncertainties to its advantage, Dangote Group of Companies has established a truck assembly plant in Lagos. The company announced this in a statement on Sunday. The plant, which is set up in conjunction with China’s National Heavy Duty Truck Group Company Limited […]
Nigeria Today: Top 5 News Stories, Monday, Dec 19th, 2016
1. Alongside Putin, Trump, and Merkel, Forbes has listed Aliko Dangote as one of the most powerful persons in the world. 2. INEC plans to digitize the process of registration and transfer of Permanent Voter’s Card. 3. Mr. Tinashe Muyambo of Leadway Assurance Company Limited has urged retirees under the Contributory Pension Scheme to take […]
Nigeria Today: Top 5 News Stories, Wednesday, Nov 9th 2016
1. Donald Trump has been elected the 45th President of the United States of America. 2. Global markets plunged at the possibility of Trump’s election as President of the United States of America. 3. Dangote has announced an investment of $20 billion in Nigeria, an investment expected to create about 250,000 jobs over the […]
Nigeria Today: Top 5 News Stories, Tuesday, Nov 1st 2016
1. General Electric has carried out the repair of one of Dangote’s gas turbines and says it is committed to investing $2 billion in Africa. 2. The Minister of Transportation, Rotimi Amaechi has said that the Warri-Ajaokuta-Obaro-Abuja central rail project is expected to attract an investment worth $30 billion dollars. 3. The Group Managing Director of NNPC, Dr […]
Nigeria Today: Top 5 News Stories, Monday, Oct 24, 2016
Dangote sacks 36 expatriate and 12 Nigerian workers as recession continues to grapple Nigeria’s economy. A civil society organisation, Socio-Economic Rights and Accountability Project, (SERAP), has challenged the Chief Justice of Nigeria to speak out on the recent case of allegations against the Minister of Transportation, Mr Rotimi Amaechi by one of the Justices of […]
Aliko Dangote Resigns From Dangote Flour Mills
Aliko Dangote and three other directors have reportedly resigned from the board of Dangote Flour Mills on Monday, 16 November. This may have been in response to an announced reduction in the company’s funding by the South African Tiger Brands. The Tiger Brands company purchased a 63.5% majority stake in the company worth $150 million, […]
Dangote Sugar Appoints New Managing Director
Engr. Abdullahi Sule has been appointed as the new Acting Group Managing Director of Dangote Sugar Refinery, Ventures Africa reports. The appointment became effective on Friday, October 23, 2015, and was further communicated to the Nigerian Stock Exchange in a company notice. According to the company, the decision has been officially approved by its board. There are […]
Why I Think Dangote Should Buy a Nigerian Premier League Club
Africa’s richest man, Aliko Dangote said earlier this month, in an interview with Bloomberg, that he is still interested in buying English Premier League club, Arsenal despite having his first offer rebuffed back in 2010. Being an ardent follower of one of the best leagues in the world, it is easy to understand why Dangote’s […]