President of the Dangote Group, Alhaji Aliko Dangote, has said the Ooni of Ife, Oba Adeyeye Ogunwusi, played a decisive role in enabling the construction of his multi-billion-dollar refinery by intervening to clear 19 shrines from the project site. In a video shared by The Cable via X on Friday, the businessman explained that construction…
The Economic Community of West African States has appointed Aliko Dangote, Chairman of Dangote Group of companies, as its pioneer chairman of the ECOWAS Business Council. Omar Touray, ECOWAS president, announced this during the 95th Ordinary Session of the ECOWAS Council of Ministers meeting on Wednesday in Abuja. The EBC is an independent ECOWAS platform…
Aliko Dangote, chairman of the Dangote Group, says his foundation will invest $700 million in the education of Nigerians over the next ten years. Speaking on Sunday at the 2025 Doha Forum in Doha, Qatar, the business magnate committed to supporting over 155,000 Nigerians who will be drawn across secondary schools and universities in the…
Chairman of the Dangote Group, Aliko Dangote, has urged wealthy Nigerians to divert funds spent on luxury items such as Rolls-Royce cars and private jets into building industries that can boost job creation and stimulate economic growth. In a recent interview clip shared online, Dangote lamented the growing culture of extravagant spending among the elite,…
Africa’s richest man, Aliko Dangote, has seen his net worth climb to $30.2 billion, according to the latest data tracked by the Bloomberg Billionaires Index. The figure reflects an increase of $2.25 billion year-to-date (8%), supported by gains in his cement, oil, and fertilizer businesses. The Bloomberg data also shows that Dangote’s wealth rose by…
A chieftain of the All Progressives Congress (APC) and former governorship candidate in Kebbi State, Mallam Salihu Isa Nataro, has urged Nigerians to consider a potential presidential ticket pairing Africa’s richest man, Alhaji Aliko Dangote, with Abia State Governor, Dr. Alex Otti, as a pathway to restoring economic stability and driving industrial growth ahead of…
Aliko Dangote, founder and president/chief executive of the Dangote Group, says he believes that the Ajaokuta steel company will never work. Mr Dangote, in a video shared on the TVC X handle on Tuesday, emphasised the importance of a thriving steel industry for national development but believes Ajaokuta’s challenges make its success unlikely. He likened…
Billionaire businessman Aliko Dangote has revealed he built his business empire from the scratch despite being born into a wealthy family. Speaking in a video, Dangote said he chose not to rely on inherited wealth. Dangote said he worked with his uncle before venturing into his business, initially trading in cement. He recognised the vast…
Dangote Cement says Aliko Dangote, its majority shareholder and founder, has retired as the chairman of the cement manufacturer. In a statement on Friday, signed by Anthony Chiejina, the company’s group chief, branding and communications officer, Dangote Cement said the businessman relinquished the position to focus on Dangote Petroleum Refinery, petrochemical and fertiliser plant, as…
Lagos State governor, Babajide Sanwo-Olu and his Ogun State counterpart, Dapo Abiodun, alongside the President of Dangote Industries Limited, Aliko Dangote have arrived in Katsina. Others who arrived at the Musa Yar’Adua Airport alongside the trio, ahead of the burial of former President Muhammadu Buhari, were the former Minister of Information, Lai Muhammed, among others….