Nigerian Economy Rigged To Favour Dangote, Others – Atedo Peterside Bemoans Export Waiver

In the wake of reports that the federal government has granted Dangote Cement a waiver to resume exporting cement to West African countries through Nigeria’s land borders that had been closed for over a year, the billionaire founder of Stanbic IBTC Bank Plc, Atedo Peterside, has flayed the idea, according to asanewsonline.

 Read More>>> newsheadline247.com

 

[VIDEO]Dangote: Despite my African Union passport, I still need a visa to enter Angola

[VIDEO]Dangote: Despite my African Union passport, I still need a visa to enter Angola

Posted on April 8, 2019 Authornewsheadline247

Aliko Dangote, president of the Dangote Group, revealed that he, and a few other people, have got the African Union passport, but he was still asked to get a visa before he could enter Angola. The African Union passport is supposed to be the unifying passport aimed at solving Africa’s cross-border issues on the continent. The

Read more [VIDEO]Dangote: Despite my African Union passport, I still need a visa to enter Angola

https://www.newsheadline247.com

Africa’s Billionaires: Dangote poorer by $2bn as Adenuga’s wealth increases by $3.9bn

Africa’s Billionaires: Dangote poorer by $2bn as Adenuga’s wealth increases by $3.9bn

Posted on January 9, 2019 Authornewsheadline247

BUA CEO, Abdulsamad Rabiu joins list… Africa’s richest man, Aliko Dangote retained the number one wealthiest individual in the continent for the eighth consecutive time, though, with a drop of about $2 billion in fortune. Dangote, who was valued $12.2 billion in January 2018 is listed again as number one in Africa with $10 billion

Read more Africa’s Billionaires: Dangote poorer by $2bn as Adenuga’s wealth increases by $3.9bn

https://www.newsheadline247.com

How Femi Adesina contradicts self on Dangote’s appointment

How Femi Adesina contradicts self on Dangote’s appointment

Posted on December 29, 2018 Authornewsheadline247

Special Adviser on Media and Publicity to Nigeria’s president, Femi Adesina, has contradicted himself as he admitted that Africa’s richest man, Aliko Dangote, is not a member of the All Progressives Congress (APC) presidential campaign council (PCC). “Africa’s richest man, not being a card-carrying member of APC, cannot, and is not a member of the

Read more How Femi Adesina contradicts self on Dangote’s appointment

https://www.newsheadline247.com

Dangote urges deepening of African economy through free trade

Dangote urges deepening of African economy through free trade

Posted on October 8, 2018 Authornewsheadline247

LONDON, United Kingdom, October 8, 2018/ — Foremost businessman, Aliko Dangote has in London called for conscious efforts at deepening African regional market by African investors and governments to aid rapid growth and development of the Continent’s economy. Speaking during “One to One Conversation” at the on-going 5th annual Financial Times African Summit, the Nigerian

Read more Dangote urges deepening of African economy through free trade

https://www.newsheadline247.com

Billionaire’s Wedding Bells Peal: Aliko Dangote’s daughter, Fatima set to marry pilot son, Jamil Abubakar

SOCIETY
Billionaire’s Wedding Bells Peal: Aliko Dangote’s daughter, Fatima set to marry pilot son, Jamil Abubakar
February 4, 2018



Africa’s richest billionaire’s daughter, Fatima is set to marry Jamil Abubakar, son of the pilot of former Inspector General (IG) of Police, MD Abubakar.
www.newsheadline247.com 
CONTINUE READING Billionaire’s Wedding Bells Peal: Aliko Dangote’s daughter, Fatima set to marry pilot son, Jamil Abubakar

Africa’s Richest Man, Aliko Dangote Unveils Plans to Form Alliance on Health in Africa

BUSINESS, NEWS

Africa’s Richest Man, Aliko Dangote Unveils Plans to Form Alliance on Health in Africa

Dangote Foundation and GBCHealth have joined forces to forge a new model of partnership, African Business Coalition on Health (GBCHealth) in Africa.

Chairman of Dangote Foundation, Aliko Dangote, shared plans to build an African Business Coalition on Health (ABCHealth), during the Bloomberg Global Business Forum, he was co-hosting, and which took place alongside the United Nations General Assembly this week in New York.

Read www.newsheadline247.com

CONTINUE READINGAfrica’s Richest Man, Aliko Dangote Unveils Plans to Form Alliance on Health in Africa

Dangote: I am not PDP candidate

Dangote: I am not PDP candidate

Aliko Dangote, Africa’s richest man, has denied reports he will run for the Presidency on the platform of the Peoples’ Democratic Party (PDP), in 2019.

Dangote made the denial in an interview with Daily Times.

He was reacting to a report that officials of PDP think-tank programme set up by former President, Goodluck Jonathan have contacted him to be the party’s presidential torch bearer in 2019.

Read www.newsheadline247.com

CONTINUE READING Dangote: I am not PDP candidate

Aliko Dangote’s brother, Sayyu Dantata’s MRS Oil head office shut down by Government over Tax Evasion

BUSINESS, NEWS

Aliko Dangote’s brother, Sayyu Dantata’s MRS Oil head office shut down by Government over Tax Evasion

For Sayyu Dantata, oil business was wonderful venture; now it is harrowing business. The news about the Managing Director of MRS, who is also the younger brother of Alhaji Aliko Dangote, is not heart warming at all.

Read www.newsheadline247.com

According to The Cable, the Federal Inland Revenue Service (FIRS) has closed down facilities belonging to MRS Oil and Gas Company Limited over a tax debt of N497.1 million.

The FIRS team led by Anita Erinne had on Wednesday ordered the main gates to the company, located at 2,Tincan Island Road, Apapa, be sealed off.

CONTINUE READING Aliko Dangote’s brother, Sayyu Dantata’s MRS Oil head office shut down by Government over Tax Evasion

Read www.newsheadline247.com

Billionaire Business man, Aliko Dangote sets to establish N200 billion world-class university in Abuja

BUSINESS, NEWS

Billionaire Business man, Aliko Dangote sets to establish N200 billion world-class university in Abuja

The President and founder of Dangote Foundation, Aliko Dangote, has set aside N200 billion to establish a world-class university in Abuja.

PREMIUM TIMES learnt that the proposal has since been delivered to the National Universities Commission, NUC.

Read www.newsheadline247.com

A former Executive Secretary of the NUC, Julius Okojie, who is the chairman of the technical team for the establishment of the university, said the foundation intends to drive technology and research in stimulating economic growth.

Mr Okojie, who led his team to the current Executive Secretary of the commission, Abubakar Rasheed, said the proposed university is meant to be technology-driven and asked for the cooperation and support of the NUC towards the realisation of the goal.

Read www.newsheadline247.com

CONTINUE READING Billionaire Business man, Aliko Dangote sets to establish N200 billion world-class university in Abuja

Dangote Remains Africa’s Richest as Bezos Overtakes Bill Gates July 28, 2017

Dangote Remains Africa’s Richest as Bezos Overtakes Bill Gates

July 28, 2017

The President, Dangote Group, Alhaji Aliko Dangote, saw his net worth increase by $162m to $16.2bn on Thursday, as the Founder of Amazon, Jeff Bezos, briefly overtook Microsoft’s Bill Gates to claim the title of the world’s richest person.

According to a real-time billionaires’ index compiled by Forbes, the net worth of the Chairman of Globacom, Dr. Mike Adenuga, rose by $7m to $6.2bn.

The net worth of the Founder and Executive Chairman, Famfa Oil Limited, Mrs. Folorunsho Alakija, was unchanged at $1.6bn.

Bezos leapfrogged Gates, who has been the richest man on the planet since 2013, after a rise in the share price of Amazon ahead of its latest results due later on Thursday.

According to the Forbes’ index, the rise pushed the value of Bezos’s fortune to $91bn, compared with Gates’ wealth of $90bn.

But as Amazon shares fell back, Gates regained the top spot.

Their riches are calculated on the share prices of their respective companies and at the current values, Bezos’s stake is twice as big as the carmaker Ford.

Amazon shares have soared this year, making the company worth more than $500bn and boosting Bezos’s wealth, as he owns 17 per cent of the company, according to The Guardian.

He also has a number of other investments, including in Google, Uber, Twitter and airbnb, worth more than $5bn.

At the start of 2017, Bezos was ranked the fourth richest in the world, behind Gates, the investor Warren Buffett and Amancio Ortega, who founded Inditex, the company behind retailer Zara.     Punch Nigeria

Dangote Rice on the way

Africa’s richest man, Aliko Dangote is set to Launch Wednesday a new subsidiary Dangote Rice, which will massively plant rice on 25,000 Hectares in Sokoto, Jigawa and Zamfara states, in north west Nigeria.

The rice will be available by the end of this year, possibly before Christmas.

Dangote Aims 3,000 Jobs With Truck Assembly Plant

Aliko Dangote, Nigerian entrepreneur, aims to create 3,000 jobs with the establishment of a truck assembly plant in Ikeja, Lagos.

Hope For Nigeria The plant is the result of a partnership between the Dangote group and Sinotruck, a Chinese heavy-duty truck company.

Notorious Blog Blackmailer In SFIU Net; How Femi Otedola Plotted His Arrest In Lagos

A member of an internet gang who has perfected the art of extorting money from the high and mighty in the society has been arrested by the crack team of the Special Fraud Intelligence Unit of the Nigerian Police in Lagos.

Naira devaluation…Aliko Dangote plummets like a yo-yo

Africa’s richest billionaire crashes in global ranking

Aliko Dangote is not invincible after all. The Chairman of Dangote Group and Africa’s former richest billionaire, like the proverbial yo-yo, is manipulable and subject to the whim of gravity and the arbitrary string of fate.

Following the crash of the naira, Dangote has dropped off the list of the 100 richest people in the world. Before his unfortunate crash down the ladder of the world’s richest men, Dangote was the 51st richest man in the world – as at March 2016. But recent estimates show that he has dropped to the 101st position as at the start of business last Monday.