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ALIKO DANGOTE
News and analysis about Aliko Dangote
Nigeria's foremost industrialist and Africa's richest man, Alhaji Aliko Dangote, is taking a very strategic step towards diversifying and protecting his vast wealth.
In the Nigerian equity market, 2019 was not a very good one for many investors as the NSE All-Share Index ended the year with a 14.6% loss.
Aliko Dangote added $4.3 billion to his fortunes by the end of 2019, as his investments in cement, flour and sugar grew further.
Aliko Dangote has lamented the loss his company recorded as a result of the bad state of the Oshodi-Apapa Expressway.
For Nigeria’s wealthiest individuals, the twelve months of 2019 have been quite eventful. Some of these billionaires made more money this year.
President of the Dangote Group, Alhaji Aliko Dangote, who is known for his wealth and his philanthropism, has reiterated his position on job creation.
Flour Mills of Nigeria Plc (FMN) and Dangote Sugar have continued to invest massively in the production of sugar in Nigeria.
The Dangote Refinery would reportedly save Nigeria about $10 billion in foreign exchange when completed.
No less than 21 prominent persons have been nominated by the Federal Government for the National Productivity Order of Merit (NPOM) award.
Dangote Industries Limited has signed an agreement with the Government of Togo to produce fertilizer and build a cement factory in the country.
Dangote Refinery to export products to Europe, South America, others
Nigeria’s biggest tomato plant owned by the billionaire, Aliko Dangote has called on the Federal Government to ban the importation of tomatoes.