LAGOS JANUARY 11TH (NEWSRANGERS)-The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, saw his total net worth drop by $900m on Friday as his flagship company emerged the biggest loser at the end of trading on the Nigerian Stock Exchange. Bloomberg Billionaires Index, which is a ranking of the world’s 500 richest people, showed that his…
LAGOS JANUARY 9TH (NEWSRANGERS-Aliko Dangote, Africa’s richest man, plans to take office space in New York to help diversify his investments and avoid the risk of currency fluctuations on his home continent. The owner of the biggest cement company in sub-Saharan Africa will use the base and an existing one in London to become more…
LAGOS DECEMBER 31ST (NEWSRANGERS)-Aliko Dangote, Africa’s richest man, became $4.3 billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar. The 62-year-old Nigerian businessman and Africa’s most prominent industrialist ended the decade with a net worth of almost $15 billion, making him the 96th wealthiest…
LAGOS NOVEMBER 12TH (NEWSRANGERS)-Aliko Dangote, Africa’s richest man, has revealed that he would donate all his wealth to charity before he passes on. The businessman said this while speaking at the 2019 Gold Gala of Florence Otedola’s Cuppy Foundation in Abuja. Dangote, during the event organised by the Cuppy Foundation to raise funds for Save…
LAGOS SEPTEMBER 21ST (NEWSRANGERS)-Africa’s richest man and President of Dangote Industries Limited, Aliko Dangote, has expressed optimism that Nigeria’s economy would blossom and commended the new Economic Advisory Council (EAC) constituted by President Muhammadu Buhari to advise him on the country’s economic growth and overall development describing the move as a proactive one, which is…
LAGOS MAY 21ST (NEWSRANGERS)— The rating carried out by the Fortune Magazine, an American multinational business magazine headquartered in New York City, United States was released recently and focused mainly on the businesses run by the men and how they have used it to impact their society positively. The time-tested magazine, which first edition was…
LAGOS JULY 35TH (NEWSRANGERS)-Aliko Dangote, Africa’s richest man, has put a 2020 timeline on his goal of buying Arsenal, following a report that Alisher Usmanov is exploring a sale of his 30 percent stake. The Financial Times reported on Tuesday, citing sources close to the Russian billionaire, that Usmanov has grown frustrated that the club’s…
LAGOS APRIL 16TH (NEWSRANGERS) — Applications are now open for the She Leads Africa Accelerator 2018, a 3-month program designed to identify, support and fund the next generation of Nigeria’s brightest entrepreneurs. Entrepreneurs building technology enabled businesses across Nigeria are eligible to apply for coaching, networking opportunities and the chance to receive funding for their…