Africa Business Nigeria News and Headlines World 

Dangote’s oil refinery to begin production in last quarter of 2022

– – Dangote’s oil refinery plant will begin production by the fourth quarter of 2022, Group Executive Devakumar Edwin has said. The 650,000 barrels per day (bpd) plant is being built in Nigeria was to become operational by 2019 but that deadline delayed. In 2018 when it was projected that the plant will only become operational in 2022, Edwin rejected… Read More
Business 

Aliko Dangote venturing opening offices in New York

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 global after the completion of a $12 billion,… Read More
Aliko Dangote Leaders Nigeria News and Headlines 

Africa’s Wealthiest Man Ends the Year $4.3 Billion Better Off

The 62-year-old Nigerian businessman and Africa’s most prominent industrialist ended the decade with a net worth of almost $15 billion LAGOS, Nigeria, January 2, 2020/ — 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… Read More