The President of the Dangote Group, Alhaji Aliko Dangote; and Chairman of Globacom, Dr. Mike Adenuga, saw their net worth declined by $3.2bn and $4.2bn, respectively in the past year, according to Forbes 2017 World’s Billionaires list.
Dangote retained his position as Africa’s richest person...
Presidency on Sunday said that Nigeria has witnessed a great leap in rice production such that Thailand and other Asian country producing for the country were not shutting down their plants. It also revealed that the giant strides of the government in rice farming...
The Treasury bills market traded slightly bearish on Wednesday with yields up by 30 basis points on the average.
This development, analysts at Vetiva Capital Management Limited, said, was a reaction to the Monetary Policy Committee decision to raise the Monetary Policy Rate.
The most significant...
...Asks Stallion, Olam, Milan to refund N24bn
...House: FG loses $2.9bn annually to tax waivers
The Senate has asked the federal government to recover N42 billion grants as import duty waivers to six companies including Dangote Limited and BUA Sugar Refinery between 2013 and 2015.
The upper chamber...
The Federal Executive Council (FEC) has approved a proposal by a subsidiary of the Dangote Group to construct the Obajana-Kabba Road.
Minister of Power, Works and Housing Babatunde Fashola, told State House reporters that the approval was based on a memo by his ministry seeking...
Africa’s richest man and the President of Dangote Group, Alhaji Aliko Dangote, has stated that he’s not in business solely to make money, but is just as interested in developing Africa and humanity, hence his philanthropic works through his foundation.
He equally said that labelling...
