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Aliko Dangote

L-R: Deputy Company Secretary, Dangote Cement Plc, Edward Imoedemhe; Chairman, Dangote Cement Plc, Aliko Dangote; Group Managing Director/CEO, Dangote Cement Plc, Engr. Joseph Makoju; and Non-Executive Director, Dangote Cement Plc, Olakunle Alake at the Dangote Cement Plc Extra-Ordinary General Meeting held in Lagos on Wednesday, January 22, 2020

Dangote Cement praised by shareholders on buyback plans

Desire of the Management of Dangote Cement to ‘buy back’ 10 per cent of its entire issued shares from shareholders was unanimously granted on Wednesday as the company’s shareholders’ voted in support of the ‘share buy back’ plans. Dangote Cement, which currently has 17.04 billion fully paid up ordinary shares of 50 kobo each, would be buying back 1.70 billion shares.
Dangote Group founder Aliko Dangote

Aliko Dangote: Why I’m not buying Arsenal now

Africa’s richest man Aliko Dangote has given some insights into why he is yet to meet his words with actions regarding his widely reported planned takeover of Premier League club, Arsenal.
Vice President Yemi Osinbajo, former President Olusegun Obasanjo and All Progressives Congress (APC) National Leader, Bola Tinubu, on Saturday in Lagos graced the 80th birthday celebration of Chief Rasaq Okoya, founder of Eleganza group of companies.

VP Osinbajo, ex-President Obasanjo, Asiwaju Tinubu grace Rasaq Okoya’s 80th birthday celebration

Vice President Yemi Osinbajo, former President Olusegun Obasanjo and All Progressives Congress (APC) National Leader, Bola Tinubu, on Saturday in Lagos graced the 80th birthday celebration of Chief Rasaq Okoya, founder of Eleganza group of companies.

Ministry, Dangote Group partner on Foreign Trade Academy

The Minister of Industry, Trade and Investment, Mr Richard Adebayo, said that the ministry would partner Dangote Group to set up a Foreign Trade Academy.
Dangote Group founder Aliko Dangote

Africa’s richest man to diversify investments

Top billionaires across the world diversify their investments to countries with strong and rising currencies to avoid asset erosion.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Aliko Dangote’s net worth rises to $14.8 billion in 2019

Africa’s wealthiest man, Alhaji Aliko Dangote ended 2019 with a total worth of $14.8 billion, representing an increase of $4.3 billion from the $10.3 billion recorded in 2018, according to Bloomberg’s Billionaires Index released recently.
Adeyeye Enitan Ogunwusi

Ooni: Nigerian heroes should be celebrated

The Ooni of Ife Oba Enitan Adeyeye Ogunwusi has stressed the need for the nation to cultivate the habit of celebrating those who have and are making the country proud by offering exemplary leadership and making sacrifices for growth and development.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Aliko Dangote’s fortune increased by $4.3 billion in 2019

African richest man Aliko Dangote has significantly moved up in the World billionaires’ list as he emerged 96th richest person in the world, with an estimated worth of $14.8 billion, as against his previous ranking of 103rd in the world.
As part of Dangote Industries Limited’s commitment to the Federal Government of Nigeria, Group President/CE of Dangote, Aliko Dangote, took the Minister of Works and Housing, Babatunde Fashola, on an inspection tour of the 35-kilometer Apapa-Oshodi-Oworonsoki-Ojota highway currently under construction by Dangote Industries Limited.

Aliko Dangote: Apapa-Oshodi road will last for 40 years when completed

As part of Dangote Industries Limited’s commitment to the Federal Government of Nigeria, Group President/CE of Dangote, Aliko Dangote, took the Minister of Works and Housing, Babatunde Fashola, on an inspection tour of the 35-kilometer Apapa-Oshodi-Oworonsoki-Ojota highway currently under construction by Dangote Industries Limited.
Dangote Cement

Dangote Cement seeks shareholders’ approval for share buy-back

Dangote Cement Plc is seeking shareholders’ approval to embark on share buy-back in move aimed at improving return on equity and shareholder value.
From left: Federal Controller of Works, Lagos, Mr Adedamola Kuti; Director of Highways Construction and Rehabilitation, Mr Oluyemi Oguntominiyi; Mr Devakumar Edwin of Dangote Group; Minister of Works and Housing, Mr Babatunde Fashola; and Alhaji Aliko Dangote, during the inspection of Apapa-Oshodi Road construction, in Lagos on Saturday (28/12/19).

Aliko Dangote loses N25 billion to Apapa gridlock

Africa’s richest man Aliko Dangote said he lost N25 billion ($68.6million) to the Apapa ports-Oshodi gridlock from 2017 to the 2019 financial year.=

Aisha Falode lauds sports minister’s adopt campaign initiative

Chairperson of the Nigeria Women Football League, Aisha Falode, has commended the on-going initiative under the Youth and Sports Development Minister Sunday Dare, adding it would help the further development of sports in the country.

Dangote Refinery: NGF hails Lagos government for providing enabling environment

The Nigeria Governors’ Forum (NGF) led by Ekiti State governor, Dr. Kayode Fayemi, on Friday commended the Lagos State government for creating an enabling environment for the construction of the Dangote Refinery at Lekki Free Trade Zone in Ibeju Lekki.
The Executive Secretary, National Sugar Development Council, Dr. Latif Busari, said this when the Minister of Industry, Trade and Investment, Niyi Adebayo, toured major sugar project sites across the country.

Council: Over N157 billion invested in sugar sector in six years

Since the implementation of the Nigerian Sugar Master Plan in 2013, over N157bn has been invested in the sugar sector through the Backward Integration Strategy.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Dangote Industries targets $30 billion revenue by 2021

The President/Chief Executive of Dangote Industries Limited, Alhaji Aliko Dangote, yesterday said the company would increase its revenue base from $4 billion to $30 billion by 2021.
Is-haq Oloyede JAMB

JAMB registrar bags productivity award

The Registrar, Joint Admissions Matriculation Board (JAMB), Prof. Is-haq Oloyede, has been nominated for this year’s National Productivity Order of Merit (NPOM) award, to be conferred by President Muhammadu Buhari.
The border closure has affected goods from other West African countries. Wikimedia Commons

NEPZA: Benin accounts for N1.45 trillion goods smuggled into Nigeria annually

This was the revelation from Simon Tsuwan, a representative of the Acting Managing Director, Nigeria Export Processing Zones Authority (NEPZA), David Terhemba Nongo, has revealed. He spoke on the sidelines of a two-day national workshop in Lagos, last week.

Central bank chief urges private sector players to float infrastructure bond

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has advised corporate bodies in the country to take advantage of the Presidential Order 7 to raise infrastructure bonds at concessionary rates to support the federal government in its desire to develop infrastructure in Nigeria.

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German businessman shot dead in Liberia

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China advises against travel to Wuhan as coronavirus deaths surge

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Super Eagles midfielder Wilfred Ndidi has expressed his delight after he returned to action for Leicester City in their 4-1 win against West Ham United, in Wednesday’s Premier League game.

Brendan Rodgers praises Wilfred Ndidi’s ‘remarkable’ return from injury

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“Governor Nasir El-Rufai has also intervened to ensure prompt settlement of the salary arrears that the local government councils owe to about 8500 primary school teachers that were employed in the second batch of recruitment of new teachers.

Kaduna introduces electronic traffic enforcement

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Edo State Governor Godwin Obaseki, has asked the Peoples Democratic Party to show proof of allegations that the state treasury is empty.

Governor Obaseki’s aide escapes gunmen, raises the alarm over threat to life

Comrade Solomon Okoduwa, Senior Special Assistant, (SSA) Edo State Governor on Anti-Human Trafficking Issues, on Wednesday cried out over what he described a series of threats to his life.