Tag archive for ‘Dangote’
Dangote
By metro On Wednesday, December 6th, 2017
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BUA asks president to intervene in Dangote mining feud

Dangote Nigerian conglomerate BUA group has accused Dangote group of trying to force it to relinquish mining rights in a limestone field as part of a bid to monopolise the cement market and asked the president to More...

Dangote
By metro On Monday, November 6th, 2017
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Dangote pledges $100m to tackle malnutrition in Nigeria

The Aliko Dangote Foundation has pledged to invest $100m over five years to tackle malnutrition in the worst-affected parts of Nigeria. The foundation made the pledge at the recently concluded Global Nutrition Summit More...

Dangote
By metro On Friday, October 6th, 2017
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Dangote withdraws tie-up deal with South Africa’s PPC

PPC said on Friday that Nigeria’s Dangote Cement has withdrawn its interest to tie-up with the South African firm, sending its shares more than 11 percent lower. Africa’s richest man Aliko Dangote joined the More...

Dangote Cement
By metro On Thursday, September 14th, 2017
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Dangote Cement makes PPC takeover approach

Dangote Cement , controlled by Aliko Dangote, Africa’s richest person, has approached South African rival PPC about a takeover. PPC is already considering a bid by local rival AfriSam , which launched a new all-share More...

NSE
By metro On Wednesday, August 2nd, 2017
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Nigeria stocks shed 1.1 pct as euphoria over Dangote deal fades

Nigeria’s stocks shed 1.09 percent in late trades on Wednesday as euphoria over Dangote’s $236 million stake sale in his cement business to foreign buyers faded, traders said. Dangote Industries Limited, More...

Dangote Cement
By metro On Tuesday, August 1st, 2017
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Dangote sells $236m stake in cement firm to foreign buyers

Dangote Cement Dangote Industries Limited has sold a 2.3 percent stake in Dangote Cement to foreign buyers in a stock market deal valued at 86.1 billion naira ($236 million). The stock exchange confirmed the Tuesday’s More...

Dangote
By metro On Saturday, July 29th, 2017
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Dangote still No 1 in Africa, Net worth falls $12.2b

Dangote Although, Africa’s richest man, Nigerian Aliko Dangote  dropped to 105th on the 2017 Forbe’s real-time billionaires’ ranking, he maintains the lead in Africa, as the richest man. Dangote, who was More...

Dangote
By metro On Sunday, April 16th, 2017
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Dangote, Elumelu, Lopes: How Africa can be transformed

Dangote Africa has a bright future ahead of it. Productivity and growth will improve as African economies continue to place more emphasis on services and manufacturing, pursue commodity production, and achieve quick More...