Archives Tag: Dangote
Why I Think Dangote Should Buy a Nigerian Premier League Club
April 19, 2022
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 … Continue reading Why I Think Dangote Should Buy a Nigerian Premier League Club
By arinzeude
Dangote Confirms Interest in Buying Arsenal
April 19, 2022
Africa’s richest man and Nigerian billionaire, Aliko Dangote has reconfirmed his interest in buying English Premier League Club, Arsenal. In an interview with Bloomberg, the business tycoon who is valued at around $15.7 billion, said he still hopes to buy the North London club despite his failed bid in 2010. “I still hope, one day, … Continue reading Dangote Confirms Interest in Buying Arsenal
By arinzeude
Why We Love Aliko Dangote
April 19, 2022
The Connect Nigeria team celebrates Mr. Aliko Dangote who turned 58 on the 10th of April, 2015! The 2014 Forbes Africa Person of the Year undeniably stands out as an inspiration to millions of aspiring and current entrepreneurs across the continent. His many business achievements, positive contributions to society and the multi-million dollar empire he has grown … Continue reading Why We Love Aliko Dangote
By elizabeth
Dangote, First Bank On The List Of Top 100 Nigerian Companies
April 19, 2022
The Federal Government of Nigeria on Monday made known the top 100 companies in Nigeria for the 2014 fiscal year. Dangote, First Bank, Chevron, Nigerian Breweries Plc and Flour Mills of Nigeria were some of the companies that made the list. The government said the Top 100 Companies Award fixed for December 1, the first … Continue reading Dangote, First Bank On The List Of Top 100 Nigerian Companies
Dangote Lagos Refinery To Start Operations In 2018
April 19, 2022
The proposed Dangote oil refinery situated in Ibeju-Lekki, Lagos is expected to be functional by the first half of 2018, an official with the company has disclosed. According to the Dangote Industries’ operations director for petroleum refining, Mr. George Nicolaides, the plant will be able to process 500,000 barrels of crude a day. The new … Continue reading Dangote Lagos Refinery To Start Operations In 2018
Dangote, Chimamanda, Arunma Oteh Nominated for Forbes Africa Person of the Year
April 19, 2022
Forbes Magazine has nominated Nigerian billionaire, Aliko Dangote, and Director-General, Nigerian Securities and Exchange Commission, Arunma Oteh for the Forbes Africa Person of the Year 2014 award. Also nominated is multiple award winning writer, Chimamanda Adichie; Thuli Madonsela, a South African who helped draft the country’s constitution in 1994; and Donald Kaberuka, a Rwandan economist … Continue reading Dangote, Chimamanda, Arunma Oteh Nominated for Forbes Africa Person of the Year
Nigerian Businessmen Awarded 7 Oil Blocks in Kenya
April 19, 2022
According to reports by News Agency of Nigeria, NAN, some Nigerian businessmen have been awarded seven oil blocs for exploration from the 46 newly discovered oil blocs in Kenya. The chairman, Kiprono Kittony, of the Nigeria-Kenya Chamber of Commerce disclosed this in Abuja on Monday at a meeting with prominent business men from both … Continue reading Nigerian Businessmen Awarded 7 Oil Blocks in Kenya
Dangote Sugar Commended on Backward Integration Project
April 19, 2022
Olusegun Aganga, Minister for Industry, Trade and Investment, has commended the management of Dangote Sugar Refinery on its remarkable progress towards meeting its sugar backward integration project targets. Aganga, while on a working visit to Savannah Sugar Company Limited, expressed satisfaction at the level of positive changes seen in the company since its acquisition by … Continue reading Dangote Sugar Commended on Backward Integration Project
By mary-odunuga
Dangote Group Considers Acquisition of Oil Blocks
April 19, 2022
The Dangote Group, a conglomerate of manufacturing companies owned by Aliko Dangote, Africa’s richest man, is considering purchasing oil fields in Nigeria. The planned purchase comes in the wake of news that international oil companies in Nigeria plan to sell their onshore assets in the country. Dangote Group is making moves to set up a … Continue reading Dangote Group Considers Acquisition of Oil Blocks
By kobe
Dangote to Complete 5 Cement Plants Across Africa
April 19, 2022
Dangote Cement, Africa’s biggest cement manufacturer, has announced it will complete five cement plants spread across the continent this year. The organisation revealed that the plants, currently at different stages of construction, will increase productive output by 13.5 million metric tonnes of cement per year when completed. Dangote is currently working on completing the third … Continue reading Dangote to Complete 5 Cement Plants Across Africa
Four Nigerian Billionaires Make $12.65 Bn in 2013
April 19, 2022
Four Nigerian billionaires, Aliko Dangote, Folorunsho Alakija, Abdulsamad Rabiu and Mike Adenuga’s net worth grew by N2.024 trillion ($12.65 billion) in 2013, according to Forbes. This was revealed in a report released by Forbes Africa titled, “The Biggest African Billionaire Gainers in 2013”, listing Dangote, Africa’s richest man, as the biggest gainer in terms of increase … Continue reading Four Nigerian Billionaires Make $12.65 Bn in 2013
BUSINESS News Research Reviews
Dangote Group Among Top 10 Most Valuable Brands in Africa
April 19, 2022
African Business Magazine has named Dangote Group as the eighth most valuable brand in Africa in its “The Brand Africa 100” survey for 2013. It placed the group as the most valuable in consumer goods sector with a brand value of 216. According to African Business Magazine, “The study involved a comprehensive research among consumers … Continue reading Dangote Group Among Top 10 Most Valuable Brands in Africa
By sheyi
Dangote Group to Build $350 Million Cement Factory in Neigbouring Niger
April 19, 2022
Dangote Group will build a new $350 million cement factory in Niger, Nigeria’s neigbhour to the north. The Chairman of the Group, Alhaji, Aliko Dangote announced this, after he met with Niger’s President Issoufou Mahamadou in the past week. Dangote said it is “Part of a continent-wide drive to boost output.” Dangote Group is projects … Continue reading Dangote Group to Build $350 Million Cement Factory in Neigbouring Niger
By sheyi
Dangote Group Signs $3.3Bn Loan To Build Refinery in Nigeria
April 19, 2022
Industry leader in Cement and Sugar Manufacturing in Africa, Dangote Group, has announced that it has signed a loan facility agreement of $3.3 billion to build a refinery and petrochemicals complex at the OK-LNG Free Trade Zone, between Ogun and Ondo states. The Group secured a $3.3 billion medium term loan from some local banks … Continue reading Dangote Group Signs $3.3Bn Loan To Build Refinery in Nigeria
By sheyi
Dangote Group Seeks $3.3 Bn to Finance Refinery Project
April 19, 2022
Dangote Group has announced that it would borrow $3.3 billion to finance a $9 billion oil refinery and petrochemical complex in Nigeria. The Group said it was seeking a further $2.25 billion from development funds for the project, into which it would put $3.5 billion of its own equity. The refinery is expected to have … Continue reading Dangote Group Seeks $3.3 Bn to Finance Refinery Project
By sheyi
