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Tag Archives: Alhaji Aliko Dangote

Niger State: Dangote to pump $450m in 3-year commercial farming drive

Dangote

Barely one week after sealing a multibillion naira deal with government of Kano State in building solar power plant to run industries, leading African industrialist and President, Dangote Group, Alhaji Aliko Dangote, on Monday revealed new investment plan worth $450m in agricultural development in Niger State. The scheme will run in the next three year. Giving the hint during the ...

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Fidelity Bank working to create Aliko Dangotes of tomorrow—Okonkwo

Dangote A

The Managing Director/Chief Executive Officer of Fidelity Bank Plc., Mr. Nnamdi Okonkwo, has vowed to raise new set of industrialists like the leading industrial giant of present Africa, Alhaji Aliko Dangote, using a world class partnership with the Anambra State in the empowerment of budding Micro Small and Medium Enterprises (MSMEs). This formed his key note address during a recent ...

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Why we are building world largest single line refinery in Lekki—Dangote

Dan K1

African lead investor and industrialist, Alhaji Aliko Dangote has given fresh insights on his mission in in the development of Dangote refinery in Lekki Free Trade Zone, Lagos. In his welcome address, during a recent tour of his refinery by the Minister of Petroleum of State for Resources, Dr. Ibe Kachukwu, Dangote explained that his group is building the world’s ...

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Breaking: Minister tours Dangote refinery, Lekki, seeks early completion

Dan K1

Barely 24 hours after he hinted the desire of the federal government to quit further oil exploration and; three day he signaled plans to sell off two ‘commercially unviable’ refineries, the Minister of State for Petroleum, Dr. Ibe Kachukwu, on Monday paid a working visit to the premises of emerging Dangote Refinery, Lekki, in Lagos. Key plea to the investor, ...

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Dangote reveals plans to deepen investment in sugar, rice, diary with $4.6bn in 3 years

Dangote group

Leading quintessential African investor and President, Dangote Group, Alhaji Aliko Dangote has made public, fresh move to deepen presence in commercial agriculture in Nigeria. According to the new drive, the group is set to pump about $3.8bn in sugar and rice, and another $800m in dairy production in the next three years. On the company’s investments in dairy, industry analysts ...

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Why AFREXIM bank pumped $1bn in Dangote group for further investment

Dangote Afriexim MoU signing (1)

More details have emerged explaining why the African Export Import (AFREXIM) Bank has signed a $1billion memorandum of understanding (MoU) with the Dangote Group of Companies at the 24th Annual General Meeting of the bank holding in Kigali, Rwanda. AFREXIM Bank’s president, Dr. Paul Oramah, said “the deal was part of the bank’s bid to expand businesses in Africa through ...

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At last, Dangote opens up on secrets of success in last 20 years

dangote-potriat

African leading investor and President, Dangote Grop, Alhaji Aliko Dangote has presented a clear picture on his business strategies which have kept him on top of the continent in the last 20 years. Addressing a crop of scholars from Lagos Business School, Pan Atlantic University, who toured his emerging massive oil refinery in Lekki recently, he said the success of ...

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Why Dangote, Flour Mills signed MOU on repair of Apapa Wharf Road

Dangote

Fresh details have emerged on why leading industrialist, Alhaji Aliko Dangote and the management of the Flour Mills of Nigeria (FMN) joined forces to partner with the federal government in the reconstruction of Apapa Wharf road. The new road development is coming on a world class concrete overlay, known for durability and international best practices in regions of heavy weight ...

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Nigerian stock market to be as big as Johannesburg Exchange in five years—Dangote

Dangote group

President of Dangote Group, Alhaji Aliko Dangote, has revealed why his confidence in the Nigerian economy and the Stock Exchange in particular has remained unshaken. Giving reasons for his plans to bring the emerging Dangote Oil Refining Company Limited to the Nigerian Stock Exchange (NSE) on delivery, he said he has firm believe that in less than five years, the ...

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Dangote deepens Africa-wide investment drive, begins coal mining in Tanzania

dangote-cement

Leading industrialist and President Dangote Group, Alhaji Aliko Dangote has jump-started coal mining in the southeastern town of Mtwara,Tanzania as part of build up to the takeoff of  Dangote Cement firm. Business Hilights gathered that Tanzania’s Ministry of Energy and Minerals at the weekend handed a 10-square-kilometre plot of land to the $500 million cement factory set up in 2015 ...

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