Nigerian billionaire and Africa’s richest person, Aliko Dangote, fell 25 places on the Bloomberg Billionaires Index as the naira tumbled on its first day of trading without a peg to the United States dollar. Dangote’s fortune fell $3.7 billion, knocking him to No. 71 on...

Africa's richest man is building one of the world's largest oil refineries. Nigeria has a problem: The country is one of the world's top oil producers, but it doesn't have enough gasoline to fuel its struggling economy. On the outskirts of Lagos, Africa's richest man is...

Chairman of Dangote Group, Alhaji Aliko Dangote, has said he will never shy away from investing in Nigeria economy as his company performed the $1 billion ground breaking of Dangote cement plants at Okpella, Edo State. The new plants are expected to add six million...

The President, Dangote Industries, Aliko Dangote, has said his company should be able to generate about 12,000 megawatts of electricity for the country by 2018. He also said that his business estate would start selling foreign exchange to the Central Bank of Nigeria by 2020. Dangote,...