Nigerian billionaire Aliko Dangote has topped the 2022 list of Africa's richest persons for the 11th year in a row, Forbes magazine said in a report. Dangote's wealth jumped from $12.1 billion last year to an estimated $13.9 billion. Forbes attributed the growth to a 30% increase in the stock price of Dangote Cement, his…
23 Jan 2021
Nigerian business magnate Aliko Dangote is the richest man in Africa, leading the latest Forbes’ Africa Billionaires List with a net worth of $12.1 billion. The 63-year-old, who is the president and CEO of Dangote group is maintaining the richest man in Africa title for the tenth year in a row, according to the report…
1 May 2020
It is the worst of times. But it could be the best of times too. I am pleased to see that fellow Nigerians are finding the soul of goodness in this unmitigated evil called COVID-19 pandemic.
5 Feb 2020
The need for the private sector to engage in business not just for profit but for the common good of the society is key in addressing imbalances in the society as well as to enhance trade growth.
16 Oct 2019
In order to take advantage of opportunities in the continental market created under the African Continental Free Trade Agreement (AfCFTA) deal, there is a need for synergy and openness among African businesses, especially in addressing barriers to trade.
26 Jul 2019
The Chairman, Cement Company of Northern Nigeria CCCNN), formerly known as Sokoto Cement Abdulsamad Rabiu, has revealed that the merger between...
7 Mar 2019
13 black people made it to Forbes' list of the World's Billionaires in 2019. The list which has 2,153 people is an improvement for the black community considering only 11 blacks made it to the list last year. Afric's richest man, Aliko Dangote maintained his lead position as the richest black person in the world with…
25 Apr 2018
The need for the Federal Government to implement the right policies that would lead to the growth of the Nigerian power sector has been emphasised.
28 Mar 2018
By replicating policies used in the Cement and Sugar industries in the steel industry, the nation can save $3 billion yearly from the continuous importation of the commodity...
10 Nov 2017
The challenges of infrastructure decay and the burden of retooling have been identified as the major impediment against the declaration of dividend for shareholders by the Board of the Cement Company of Northern Nigeria (CCNN) Plc.
3 Nov 2017
Nigeria has saved $2billion from local production of cement in the country in the past one year, a development which culminated in the corresponding reduction in the import of the product.
6 Sep 2017
The journey of the Nigerian integrated cement manufacturing, which took a new course just over a decade ago, has seen Nigeria move from a nation with under three million tonnes of production capacity to a country that will have some 45 million tons of cement manufacturing capacity by next year....