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Dangote’s $2 Billion Fertilizer Plant Scheduled for 2020 Start

Dangote Group’s fertilizer plant, now below development in Nigeria’s largest metropolis of Lagos, will be ready to begin manufacturing late this year, according to Saipem SpA, the builders. Owned by Aliko Dangote, Africa’s richest man, the facility located in the Lekki district of Nigeria’s business hub, has a name-plate potential of 3 million lots a yr of […]

Aliko Dangote, ex-Emir of Kano test negative for coronavirus

Africa’s richest man Aliko Dangote on Sunday (March 29) revealed that he had tested negative for COVID-19. According to him, he took the test as a global citizen and business leader. “The COVID-19 pandemic has significantly disrupted modern society, affecting our collective health and well-being,” he said in a tweet. After an initial 200 million […]

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Aliko Dangote forecasts $30b revenue, 88% of Nigeria’s 2020 budget

Africa’s richest man, Aliko Dangote has projected an exponential growth in the revenue of his conglomerate from the present $4billion yearly to $30 billion in 2021. The projected revenue is 88 per cent of Nigeria’s 2020 national budget of $34.72billion or N10.59 trillion. Dangote gave the cheering news to the minister of finance, budget and […]