Browsing Tag

ALIKO DANGOTE

Dangote Moves To Diversify Wealth, Opens U.S Office

Africa’s richest man Aliko Dangote in a move to secure his family’s wealth from devaluation in the continent has decided to open an office in New York and in London. The business mogul disclosed this while in an interview with Bloomberg’s David Rubenstein. According to the 62-year-old billionaire, his family will start investing in the United States after which a family office will be opened to diversify the worth of his wealth. “We already have an office in London that has been in operation for the last 30 years…

NNPC: “Why We Sponsor Science Quiz Competition Among Schools”- Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the corporation will continue to play a critical role in building the nation through investment in people and its Corporate Social Responsibility (CSR) initiatives. Kyari disclosed this on Thursday in his opening remarks to kick off the grand finale of the NNPC Science Quiz 2019, at the Corporations headquarters in Abuja, saying the move is to upscale Nigeria’s intellectual assets. According to him out of…

Mbeki, Ghana VP, Dangote Lead AfroChampions Agenda To Finance African Continental Free Trade Area

The AfroChampions Initiative, which is co-chaired by former South African President, Thabo Mbeki, and Aliko Dangote, the President and CEO of Dangote Group, on Tuesday announced it has formally launched a private sector investment framework to secure financing for the African Continental Free Trade Area (AfCFTA). This announcement was made following the occasion of a high-level meeting…

NNPC Not Competing With Dangote Refinery – Kyari

The Nigerian National Petroleum Corporation (NNPC) has said that the National oil firm is not in any form of competition with the ongoing refinery embarked upon by Dangote Group. The Group Managing Director of NNPC, Mallam Mele Kyari, disclosed this on Wednesday while receiving the Chief Executive Officer of the Dangote Group, Alhaji Aliko Dangote, at the NNPC Towers. According to a statement issued by the Group General Manager, Group Public Affairs Division, of the NNPC, Ndu Ughamadu, Kyari explained that as the…

Gates, Dangote, Restate Commitment To Polio Eradication In Nigeria

The Bill & Melinda Gates and Dangote foundations have restated their commitments to sustaining the fight against polio in Kano State and other parts of Nigeria. This is contained in a statement signed by the Chief Press Secretary to Govrrnor Abdullahi Ganduje of Kano State, Abba Anwar, on Saturday in Kano. ‎ ‎According to the statement, Dangote and Gates reiterated their promises via a video teleconference on a mid-year review meeting on ‎strengthening strategic routine immunisation held at the Government House in…

AFCON 2019: Dangote, Otedola Splash Dollars On Eagles, Place $75k On Each Goal

Following their impressive win against South Africa yesterday, Nigerian billionaires, Aliko Dangote and Femi Otedola have promised the Super Eagles of Nigeria $75,000 for every goal scored in their remaining games at the ongoing Africa Cup of Nations, AFCON 2019 in Egypt. The Gernot Rohr’s boys trashed the Bafana Bafana 3-2 in the quarter final of the tournament at the Cairo international stadium, progressing to the semi-final. While Dangote promised $50,000 per goal, Otedola on the hand pledged the sum of $25,000 for…

Nigeria Struggling For 18yrs To Achieve What Egypt Did In 18 Months – Dangote

The President of the Dangote Group, Aliko Dangote, says the availability of consumer credit facility is an important option in fighting corruption in the country. Mr Dangote said this on Saturday in Lagos at a consultative roundtable titled, “Going for Growth” with some economic stakeholders. He said that the Central Bank of Nigeria (CBN) and commercial banks should develop consumer credit products to encourage low-income earners to engage in loan taking. He also identified a lack of policy implementation as the…

Kano Residents Rejoice As Ganduje, Sanusi Reconcile

Kano residents have commended the reconciliation of Gov. Abdullahi Ganduje with the Emir of Kano, Malam Muhammadu Sanusi II by a committee initiated by Alhaji Aliko Dangote and Gov. Kayode Fayemi of Ekiti in Abuja on Friday. Some residents, who spoke to reporters on Saturday in Kano, expressed satisfaction and appreciation with the reconciliation. According to some of them, the reconciliation is in the best interest of peace in the state and the nation. Dr Abba Ahmed, a retired civil servant in the state, said the…

Buhari’s Inauguration: Tinubu, Saraki, Dogara, Dangote, Otedola, Others Attend

The second inauguration of President Muhammadu Buhari and Vice President Yemi Osinbajo is currently ongoing and some prominent Nigerians are in attendance. The swearing-in ceremony is holding at Eagle Square in the Federal Capital Territory, Abuja. Among prominent Nigerians who graced the event include the National Leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, the President of the Nigerian Senate, Dr. Bukola Saraki and the Speaker of the House of Representatives, Hon. Yakubu…

ABU To Honour Aliko Dangote, Hassan Sunmonu At 41st Convocation

The authorities of the Ahmadu Bello University (ABU), Zaria, will confer a Honorary Doctorate Degree on Alhaji Aliko Dangote during its 41st convocation slated for Saturday, April 27. This is contained in a press statement signed by the Registrar of the institution, Abdullahi Ahmed-Kundila, and made available to newsmen in Zaria, Kaduna State, on Monday. He said: ”The university will confer a Doctor of Letters on billionaire business mogul and President, Dangote Group, Alhaji Aliko Dangote, GCON. “Also, the…