The Billionaire himself, Dangote goes clubbing.

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Dubbed Africa’s Richest Man by Forbes, those who believe that Aliko Dangote must have little time for relaxation can now recant their thoughts and words. The billionaire businessman took many by surprise when he turned up at DJ Cuppy’s shindig penultimate Friday.  A guest of Cuppy’s father, Femi Otedola, Dangote arrived the Kudeta Lounge and Bar venue with some of his aides in tow. He blended well with the array of celebrities from within and outside the entertainment circles even though he was glued to his seat for most of the time spent there.

FG, Dangote sign MoU on ₦165bn rice project

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Dangote Industries Limited on Friday announced a $1bn (N165bn) investment for commercial rice farming and modern integrated rice mills to be run by the firm in Nigeria.  The President and Chairman, Dangote Group, Mr. Aliko Dangote, announced his firm’s investment plan at the headquarters of the Federal Ministry of Agriculture and Rural Development in Abuja.

Dangote, who led a delegation from his firm to the ministry, later proceeded to the Presidential Villa for the signing of a Memorandum of Understanding with the Federal Government. He told ministry officials and journalists that the move to invest in rice production was aimed at developing Nigeria’s economy through agriculture.

He said the investment would further boosts the Federal Government’s drive to attain food sufficiency in Nigeria, adding that in the next fours years Nigeria will become an exporter of rice.

Time Magazine names Beyonce the Most Influential Person, Dangote, others top the list

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 Queen Bey is on the cover of Time magazine's 100 Most Influential People issue. She tops this year's list of the 100 Most Influential people in the world, joining heads of states and civil activists.

Nigeria's Minister of Finance, Ngozi Okonjo-Iweala and billionaire businessman Aliko Dangote and eight other Africans made the list which was released today. 

The list also includes President Obama, Chile President Michelle Bachelet, US Secretary of State John Kerry, Pharrell, Kerry Washington, Serena Williams amongst others. See full list here.

Lovely: Peter Okoye shares a Photo of himself with his dad & Dangote at his wedding.

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Picture Of The Day !!!

Aliko Dangote bags Africa’s most powerful man - Forbes

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The President, Dangote Group, Alhaji Aliko Dangote, has been named the most powerful man in Africa and 64th in the world by the Forbes magazine.

Dangote, who Forbes says is by far Africa’s richest man with a net worth of $16.1bn as of March 2013, was ranked ahead of the likes of Fifa President, Sepp Blatter (69); Speaker, United States House of Representatives, John Boehner (66); and Founder, Mo Ibrahim Foundation, Mohammed Ibrahim (71).

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Halima Dangote, Aliko Dangote's Daughter spotted with Dele Momodu (Photo)

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Halima Dangote in picture with Dele Momodu. It won't be an exaggeration to say that she is quite unassuming from the way she's dressed. Some tips about what someone says about her "ooh... an easy looking lady.. smiley  Despite the wealth, she still respect the dress code connected with her religion smiley I love this.. A moral lesson for me and for ALL... I pity the mentality of the middle class, average and the struggling Nigerian.

See Photo Of Bill Gates And Dangote At A Table

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The real men talking. Almost $100bn of combined fortune sitting at a table.

HOW DANGOTE PLANS TO BECOME THE WORLD’S RICHEST PERSON

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In 2008, the names of Alhaji Aliko Dangote and a few other Nigerians appeared on the FORBES billionaires’ list. Dangote’s fortune was pegged at $3.3 billion. When the rankings were made a year later, his fortune dropped to $2.5 billion and plunged further to $2.1 billion the year after. By 2011, after he had taken Dangote Cement public, his fortune surged 557 per cent to $13.8 billion. 

In 2012, he dropped to $11.2 billion, but rebounded at $20.1 billion this year. Since March, his fortune has jumped another 30 per cent. He is now the richest man in Africa and the 25th richest in the world. Dangote, whose cement manufacturing concern is on its way to becoming the largest in the world, has announced his plans to go into petroleum refining. He may well be on his way to becoming the No. 1 moneybags in the world. Or, what is he up to? HASSAN GIMBA AHMED writes: 

Congratulations!!! Aliko Dangote Becomes The Richest African Man Ever!

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Aliko Dangote is not just the richest African alive, he is the richest man of all times. In a recent article publisher by Forbes on its website, Dangote's profile appeared as the first African businessman and billionaire to reach the $20 billion line. 

I Will Personally End Importation Of Fuel In Nigeria - Dangote Boss

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Africa’s richest man and President of Dangote Group Alhaji Aliko Dangote yesterday promised to end fuel importation in Nigeria in four years when his proposed refinery comes on stream.

Work would commence later in the year on the proposed 400,000 barrels per day refinery which is expected to cost $4.25 billion, to be located in Ondo State, Dangote said in an interview after the Annual General Meeting of Dangote Cement in Abuja. Dangote group would provide half of the money while the rest would be sourced from two foreign banks and Nigerian banks.

“We hope to start something by end of the year. We have put down 50 percent of the money. We have secured $4.25 billion from two foreign banks and the rest from local banks,” Dangote said.

Dangote, Elumelu Lounge On Air

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There is no gain saying that the rich love to do things in a luxurious manner, at least for their comfort and to set them apart from the multitude.

Last Wednesday, the richest black man, Aliko Dangote and Chairman, Heirs Holdings, Tony Elumelu, travelled in company with each other. As expected, they chose to fly in a private jet.

A few hours after, Elumelu’s Facebook page was able to inform curious minds of their destination and mission. He tagged the message with a picture of him and Dangote in an aircraft.

It read: ‘‘Richest black man on earth, Aliko Dangote and I, heading to Cape Town as part of President Jonathan’s delegation to meet with South African business community.’’

Source: Punch Nigeria

Dangote Now The 43rd richest man in the world

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Nigerian businessman and philanthropist, Alhaji Aliko Dangote is now the 43rd richest man in the world, according to the Richest People in the World list Forbes released yesterday. Dangote moved from 76th with a net worth of $11.2billion in 2012 to 43rd with a net worth of $16.1bn as of March 2013. So he made about $5billion in one year! Choi!

Dangote is still the richest man in Africa. The other Nigerian billionaire on the Forbes Billionaires list is single Paddy Adenuga's dad, Global chairman Mike Adenuga, who ranked 269 with a net worth of $4.7bn.

Mexican telecoms tycoon Carlos Slim is the world's richest man with a net worth of $73bn, while Bill Gates is the second with a net worth of the $67bn. 3rd is Armancio Ortega of Spain ($57bn), 4th is Warren Buffet ($53.5bn), and 5th is Larry Ellison with $43bn net worth.

Mariya: Aliko Dangote acquires multi million Naira luxury Yacht

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The richest man in Africa, Aliko Dangote, recently took delivery of a luxury yacht said to be worth millions of Naira. The Yacht, which was specially built for him, is called Mariya, and it's currently sitting at Carrington Crescent, behind Femi Otedola's office in Victoria Island.  

Why I Left Banking Industry To Become Truck Driver With Dangote - Ph.D Holder

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To differentiate the graduate truck drivers from the conventional trailer drivers, instructors at the Nigerian Institute of Transport Technology (NITT), Zaria call them logistics assistants. Most of the graduates who applied to work as truck drivers with the Dangote Group of Companies qualified as engineers, architects, chemists, mathematicians, just but to mention a few. This is why, perhaps, the NITT instructors quickly attempted to professionalise the Graduate Truck Driving Scheme with the alias of Logistics Assistants.