Aliko Dangote, Africa’s richest man and chairman of Dangote Industries, recently intensified his battle against former NMDPRA chief Farouk Ahmed. He filed a new petition with the Economic and Financial Crimes Commission (EFCC). This move followed his withdrawal of a similar complaint from the Independent Corrupt Practices Commission (ICPC). Background of the Dispute The conflict…
Dangote petrol price will drop again from Tuesday, as Aliko Dangote confirmed that petrol will sell for no more than ₦740 per litre in all MRS filling stations. Dangote made the announcement on Sunday during a press briefing at the Dangote Refinery complex in Lagos. He explained that the price reduction followed a cut in…
ECOWAS leaders choose the Nigerian billionaire, Aliko Dangote, as the inaugural chair of the newly formed ECOWAS Business Council. This is for the promotion of economic development within West Africa. Dangote, the head of Dangote Group, brings vast experience in industry and investment. Additionally the council will focus on aligning private investments with regional goals….
Aliko Dangote has called on Nigerian billionaires to cut down on luxury spending. He urged wealthy Nigerians to invest in industries that create jobs instead of acquiring private jets and Rolls-Royce cars. He said money should build factories and empower communities. Speaking on Friday, he warned that heavy importation weakens the economy. He explained that…
Forbes 2025 List of Black Billionaires Reveals Global Surge in Black Wealth and Influence Forbes has officially unveiled its eagerly awaited 2025 ranking of the world’s Black billionaires, spotlighting an elite group of influential individuals who have shaped global industries including business, entertainment, technology, sports, and finance. This year’s list highlights not just personal wealth,…
