LAGOS JUNE 20TH (NEWSRANGERS)-President Bola Tinubu has pledged to give priority attention to the health and safety of Nigerians, noting that for any country to develop, the health of its people, particularly the workforce, is critical. The President spoke when he received the co-founder of the Bill and Melinda Gates Foundation, Mr Bill Gates, and…
LAGOS JUNE 19TH (NEWSRANGERS)-South African businessman, Johann Rupert, has displaced Nigerian billionaire and founder of the Dangote Group, Aliko Dangote as Africa’s richest man as a result of the depreciation of the Naira. Rupert currently boasts a $12 billion net worth according to Forbes Magazine in its Real-time global Billionaires Ranking while Dangote’s net worth…
LAGOS MAY 23RD (NEWSRANGERS)-Nigeria’s new Dangote petroleum refinery is Africa’s biggest – it will produce 650,000 barrels a day, giving it the potential to address the country’s energy supply crisis. First product from the refinery is expected to hit the market by the end of July 2023. Owned by Nigerian industrialist and Africa’s richest man,…
LAGOS MAY 11TH (NEWSRANGERS)-The Chairman of the Dangote Group, Aliko Dangote, has flayed the Nigeria Customs Service, Nigerian Ports Authority and the Nigerian Shippers’ Council for the congestion of the nation’s ports. Dangote slammed maritime sector stakeholders in his remarks at the third ‘Race to US$200bn In FX Repatriation’ Non-Oil Export Summit of the Central…
LAGOS NOVEMBER 28TH (NEWSRANGERS)-Abdulsamad Rabiu is now not only comfortably the second-richest man in Nigeria, but he is also getting closer to the wealth of Aliko Dangote. Data from the Forbes billionaire list shows Rabiu is worth $7 billion as at Monday, November 28, 2022, a massive jump from the $4.4 billion he was…
LAGOS OCTOBER 25TH (NEWSRANGERS)-President Muhammadu Buhari will, Monday October 25, 2021, depart for Riyadh, Saudi Arabia, to participate in the investment conference organized by the Future Investment Initiative Institute. According to a statement by Garba Shehu, Senior Special Assistant to the President (Media & Publicity) the President will be joined at the 5th edition of…
LAGOS AUGUST 11TH (NEWSRANGERS)-The world’s richest Black man, Aliko Dangote, could add more than $2.5 billion to his net worth depending on the terms of the sale of a 20 percent share of his oil refinery. Reuters reported last week Nigeria’s government has approved its state oil firm the Nigerian National Petroleum Corporation (NNPC), to…
LAGOS APRIL 10TH (NEWSRANGERS)-Report has emerged on how suspended Nigeria Ports Authority Manager, Hadiza Bala, was involved in a clandestine ploy to shortchange a company in favour of Africa’s richest, Aliko Dangote. Last year, some coastline terminals formerly operated by Integrated Logistics Services’ (INTELs) in Onne ports complex, Rivers state, were confiscated and subsequently awarded…