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Aliko Dangote

Dangote, Ethiopia and Djibouti Unveil $660m Fuel Pipeline Plan

September 25, 2026

Ethiopia, Djibouti and Nigerian industrialist Aliko Dangote plan to invest $660 million in a refined petroleum products pipeline connecting the two East African countries, seeking to lower fuel transportation costs and strengthen

Business News·Top Stories

Abdul Samad Rabiu Outearns Aliko Dangote In Nigerian Stock Market In H1 2026

September 1, 2026

Abdul Samad Rabiu, the founder of BUA Group and Aliko Dangote, the founder of Dangote Group, recorded a combined N13.12 trillion gain between January and June 2026, according to analysis of their

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business News·Top Stories

Aliko Dangote Earned N5trn On NGX In H1 2026 – Nascon, Jaiz Bank Are His Best Performing Investments

August 31, 2026

Aliko Dangote, the founder of Dangote Group, earned N5.44 trillion in the Nigerian stock market in the first half (H1) of 2026, according to Prime Business Africa’s (PBA) analysis. Dangote recorded the

News·Personal Finance

Dangote to Donate $11.7bn to Charity Under Succession Plan

July 29, 2026

Africa’s richest man and President of Dangote Group, Aliko Dangote, has earmarked more than $11.7 billion, representing one-third of his fortune, for charitable causes as part of a succession plan designed to

Business News·Top Stories

Aliko Dangote Loses 10% Of His Investment In Sugar Business

May 27, 2026

Aliko Dangote, the founder of Dangote Sugar, has recorded a 10 percent decline in his investment in the company after sell off ended the company’s trillionaire status. According to Prime Business Africa’s

Africa·Business News·Finance & Economy·News·Top Stories

Museveni, Dangote Discuss Proposed East African Regional Refinery

May 17, 2026

Ugandan President Yoweri Museveni has disclosed details of a meeting with African business mogul Aliko Dangote over plans for a proposed East African regional refinery aimed at boosting value addition and regional

Business News·Top Stories

Nigeria Overtakes South Africa, Now Accounts For 43% Of Billionaires’ Wealth In Africa

May 11, 2026

Nigeria accounts for 43.72 percent of the wealth held by billionaires in Africa, with South Africa second at 38.95 percent, according to Prime Business Africa’s analysis of the Bloomberg Billionaires Index. The

Business News·FEATURES·Top Stories

BUA’s Rabiu Is Running at Dangote: Cement Wealth Gap Shrinks 74% Since 2025

April 27, 2026

Abdul Samad Rabiu isn’t catching Aliko Dangote in overall net worth yet. $11.2 billion vs $28.5 billion is still a long race. But in cement, the one industry that made both men

Events·News·Top Stories

Dangote Inducted as Honorary Fellow of Nigerian Academy of Engineering

April 25, 2026

Africa’s leading industrialist, Aliko Dangote, has been inducted as an Honorary Fellow of the Nigerian Academy of Engineering (NAE), in recognition of his contributions to engineering-driven industrialisation and economic transformation, Prime Business

Aliko Dangote, Rabiu Abdulsamad’s Food Companies To Pay Shareholders N99.22 billion

Business News·FEATURES·Top Stories

Cement Shares Are Money-Making Machines — But Dangote, Rabiu Restrict Most Nigerians From Accessing Them

April 24, 2026

Between January and March 2026, shareholders of cement companies listed on the Nigerian Exchange (NGX) recorded a combined gain of N9.78 trillion, however, Prime Business Africa’s (PBA) analysis showed 91.90 percent of

Africa·Business News·Finance & Economy·News·Top Stories

Dangote Backs Museveni’s Mineral Policy, Eyes East Africa Refinery Project

April 23, 2026

Africa’s richest industrialist, Aliko Dangote, has applauded Yoweri Museveni for banning the export of unprocessed minerals, while pledging to build a major oil refinery in East Africa similar to his flagship facility

Africa·Business News·Finance & Economy·News·Top Stories

Weak Regional Integration, Capital Flight Slowing Africa’s Growth – Dangote

April 17, 2026

Africa’s richest man and President of Dangote Group, Aliko Dangote, has said that persistent weaknesses in regional trade systems, alongside global investment pressures, continue to constrain Africa’s economic growth, calling for stronger

News·Top Stories

Tinubu Hails Dangote at 69, Commends Industrial Impact

April 10, 2026

President Tinubu has congratulated Africa’s foremost industrialist and Chairman of the Dangote Group, Aliko Dangote, on his 69th birthday, describing him as a transformative figure in Nigeria’s modern industrial landscape, Prime Business

Business News·Top Stories

Aliko Dangote’s Company Generates N152bn Revenue From Selling Salt

March 12, 2026

Nascon Allied Industries Plc (NASCON), a salt-producing company majorly owned by Aliko Dangote, generated N152.68 billion in revenue between January and December 2025, surpassing the N120.38 billion earned in 2024. The turnover

Business News·Top Stories

Aliko Dangote, Abdulsamad Rabiu Net Worth Rise, Adenuga, Otedola Drop On Africa’s Billionaire List

March 9, 2026

Abdulsamad Rabiu, the founder of BUA Group, Mike Adenuga, the founder of Globacom, and Femi Otedola, the chairman of First HoldCo, changed position on the list of Africa’s richest people compiled by

Business News·Top Stories

Nigerian Billionaires Made N11.52trn In Nigerian Stock Market In 2025

February 10, 2026

Nigerian billionaires, Aliko Dangote, Mike Adenuga, and Abdul Samad Rabiu earned N11.52 trillion from the Nigerian Exchange (NGX), also known as the stock market, in 2025, according to analysis by Prime Business

Business News·News·Nigeria·Oil & Gas·Top Stories

Dangote Refinery Dismisses Shutdown Claims

January 15, 2026

Dangote Petroleum Refinery has denied reports that it is shutting down for maintenance, insisting that production is continuing and that supplies of petrol remain stable. In a statement, the company described the

Forbes List: Dangote Reclaims Richest African Title From South Africa's Johann Rupert

Business News·Top Stories

Aliko Dangote Made N2.28trn From Nigerian Stock Market In 2025

January 9, 2026

Aliko Dangote, the richest man in Nigeria and Africa, recorded N2.28 trillion gain on the Nigerian Exchange (NGX), also known as the stock market, between January and December 2025, according to Prime

News·Top Stories

ICPC Confirms Probe of Dangote’s Allegations Against Former NMDPRA Boss Continues Despite Petition Withdrawal

January 8, 2026

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has reaffirmed that its investigation into allegations against Engineer Farouk Ahmed, the immediate past ACE/CEO of the Nigerian Midstream and Downstream Petroleum

Business News·News·Top Stories

Dangote Accuses NMDPRA CEO Farouk of Corruption, Claims $5m Paid for Children’s School Fees in Switzerland

December 15, 2025

Billionaire businessman Aliko Dangote has publicly accused the CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, of corruption, economic sabotage, and lavish personal spending, claiming that

News·Top Stories

Dangote Hails Ooni of Ife for Clearing 19 Shrines to Facilitate Refinery Construction

December 13, 2025

Aliko Dangote, President and CEO of Dangote Group, has publicly commended the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, for his decisive role in enabling the construction of the Dangote Refinery in

Business News·News·Top Stories

Dangote Launches N1 Trillion Education Fund, Pledges 25% of Wealth to Support 1.3 Million Nigerian Students

December 11, 2025

Nigerian business magnate Aliko Dangote on Thursday launched a N100 billion annual education initiative aimed at reducing financial barriers that prevent millions of Nigerian children from completing their education. The programme, projected

Business News·Top Stories

Aliko Dangote’s Investment In Sugar Business Grows By N205.78bn

August 19, 2025

Aliko Dangote, the founder of Dangote Sugar and Africa’s richest person, has seen the value of his investment in the sugar producer increase by 72.15 percent due to the company’s shares being

Entertainment

“Dangote Truck Crushed My Sister” – BBNaija’s Phyna Cries Out For Justice As Accident Leaves Sister Amputated

August 15, 2025

BBNaija Season 7 winner, Phyna, and Nollywood actress, Kate Henshaw, are calling for justice after a truck allegedly belonging to the Dangote Group ran over Phyna’s younger sister in Auchi, Edo State,

News

Aliko Dangote Retires From Cement To Focus On Refinery

July 26, 2025

Africa’s richest man, Aliko Dangote, has officially stepped down as Board Chairman of Dangote Cement Plc, marking a significant leadership transition in one of Nigeria’s most prominent conglomerates. The move, effective 25

Business News

Marketers Fret As Dangote Moves To Crash Cooking Gas Price

July 16, 2025

President of Dangote Group, Alhaji Aliko Dangote, has announced plans by his Refinery to begin direct sale of cooking gas, also referred to as Liquefied Petroleum Gas (LPG), with the goal of

News

Dangote Set To Build Nigeria’s Largest Deep Seaport, Eyes LNG Export Boost

July 15, 2025

Aliko Dangote, Africa’s richest man and president of Dangote Group, has submitted formal documentation to begin construction of what is expected to be Nigeria’s largest deep seaport in Olokola, Ogun State. This

Business News·Top Stories

Aliko Dangote Loses N585bn As Investment In Dangote Cement Drops

July 10, 2025

The investment of Aliko Dangote in Dangote Cement dropped by N585.96 billion in the second quarter (Q2) of 2025, according to analysis by Prime Business Africa. Note that the billionaire holds 14.64

Ex-Ecobank CEO Takes Over From Aliko Dangote As Chair Of Dangote Sugar

News

Ekpe Takes Over From Aliko Dangote As Chair Of Dangote Sugar

June 12, 2025

Dangote Group has announced that Africa’s richest man, Aliko Dangote, is stepping down as Chairman of the Board of Dangote Sugar Refinery Plc after two decades of leading the company. According to

Business News·News

Naira-for-crude Made Petrol Cheaper, Available In Nigeria – Dangote

June 6, 2025

President of Dangote Group, Alhaji Aliko Dangote, has hailed President Bola Tinubu’s administration for initiating the Naira-for-crude policy, saying that it helped in making the price of petrol cheaper in Nigeria. Dangote

Business News·News

Dangote Expands Fertiliser Exports, Targets $7m Daily

Aliko Dangote, president of Dangote Industries Limited (DIL), has revealed plans to expand Nigeria’s export operations by increasing his company’s export of fertiliser, cement and polypropylene among other products. He said the company plans to substantially increase the export of fertiliser from

May 27, 2025

News

Aliko Dangote Among Time Magazine’s Top 100 Philanthropists

Aliko Dangote, Africa’s richest man and the President of Dangote Group, has been named in the TIME Magazine’s inaugural 2025 TIME100 Philanthropy list. Dangote is the only Nigerian on the list of 100 of the world’s most prominent philanthropists who are making

May 21, 2025

News

Taraba Investment Summit: Atiku, Dangote, Elumelu, Others Seek Enabling Environment For Business Growth

Nigeria’s former Vice President, Atiku Abubakar, President of Dangote Group, Aliko Dangote, Chairman of Heirs Holdings, Mr Tony Elumelu, and other industry leaders have called for the creation of an enabling environment for businesses and economic growth in the country. They made

May 21, 2025

Business News·Top Stories

Aliko Dangote’s Investment in Jaiz Bank Now N9.86bn After Acquiring More Shares

Aliko Dangote, an oil magnate and Africa’s richest person, has increased his shareholding in Jaiz Bank, a non-interest financial institution operating under Islamic banking principles in Nigeria. According to Jaiz Bank’s unaudited financial report for the period ended December 31, 2024, released

May 12, 2025

Business News·Markets

Abdul Samad Rabiu Outearns Aliko Dangote By N1.11trn In 2024

Nigerian billionaires, Abdul Samad Rabiu and Aliko Dangote, earned N6.72 trillion combined through the Nigerian stock market and dividends paid by their companies in 2024. Prime Business Africa’s analysis of their investments showed that Rabiu outearned his business rival by N1.11 trillion

April 15, 2025

Markets

Africa’s Billionaire Landscape: Nigeria Dominates with 35% of Total Wealth

The wealth of African billionaires has seen a significant surge, reaching $105 billion, with Nigeria accounting for 35% of this total, thanks to Aliko Dangote’s substantial wealth. The number of billionaires on the continent rose from 20 to 22, according to Prime

April 12, 2025

News

Tinubu Hails Africa’s Foremost Industrialist, Aliko Dangote, On 68th Birthday

President Bola Tinubu has congratulated Africa’s foremost industrialist and philanthropist, Alhaji Aliko Dangote, founder and President of the Dangote Group, on his birthday. The Africa’s richest man is celebrating his 68th birthday today, 10 April. Tinubu hailed Dangote for his uncommon vision,

April 10, 2025

Business News·Markets

Aliko Dangote Loses N310bn In Nigerian Stock Market In 2024

Africa’s richest man, Aliko Dangote, has suffered a significant loss of N310 billion in the Nigerian stock market in 2024, primarily due to declining share prices of Dangote Sugar and Nascon Allied. Despite this setback, Dangote’s cement business continues to thrive, with

April 8, 2025

Sports

Aliko Dangote: How Desire For Functional Refinery Crashed Buying Arsenal

What do you think President and Chief Executive of Dangote Group, Alhaji Aliko Dangote and Rwandan President Paul Kagame have in common? They are both Africans yes, I am sure everybody knows that. But one thing both men cannot joke with is

September 24, 2024

Dangote Donates N bn To Borno Flood Victims

News

Dangote Donates N1.5bn To Borno Flood Victims

President of Dangote Group, Alhaji Aliko Dangote, has donated N1.5 billion to victims of the Maiduguri flood disaster. Dangote made this known during an assessment visit to some of the affected areas in Maiduguri. Accompanied by Nasarawa State Governor, Abdullahi Sule, the

September 13, 2024

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