Interest rate: Governors, Dangote indict banks for low agric devt
State governors and entrepreneurs, Tuesday joined in the condemnation of the high interest rates charged by banks in the country, accusing the banks of frustrating the development and growth of the agricultural sector.
Dangote, richest African in the world
THE Forbes Magazine has declared Aliko Dangote as the world’s richest African in the world, just as the world’s richest black woman, Folorunsho Alakija, is conspicuously missing in the magazine ranking of the 21 richest Nigerians.
Inside the $9 billion Dangote petroleum refinery
Aliko Dangote is a business juggernaut whose middle name is entrepreneur. He is never dissuaded from entering new businesses despite the general inclement operating business environment. Given his foray into many different business terrains and the successes he has recorded thereof, it would appear he has the uncanny ability to juggle different balls at the same time and get results.
Dangote refinery to employ 8,000 engineers, create jobs for 85,000 Nigerians
The President of the Dangote Group, Aliko Dangote, said about 8,000 engineers would be needed for the smooth take off of the nine- billion- dollar Dangote Refinery/Fertiliser plant in Ondo.
Dangote signs $9bn deal to build oil refinery, petrochemical complex
ABUJA—The Dangote Group Wednesday made history by signing of a combined $ 9.05 billion facility agreement with a consortium of local banks and international investors for the establishment of a refinery, and petrochemicals cum fertilizer complex in Nigeria.
Dangote Flour records half-year after tax loss of N1bn
Dangote Flour Mills, DFM, Plc has recorded a pre-tax and after tax losses of N2 billion and N1 billion respectively for the half year period ended June 30, 2013.
