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BLUE UPDATE

Aliko Dangote Discards  Planned Steel Investment in Nigeria

Aliko Dangote, African Billionaire and director of Dangote Industries Limited , has unveiled that he will never again go on with plans to enter Nigeria’s steel industry. His disclosure comes two months after his organization said it was making arrangements to put resources into the steel business. Tending to columnists at his treatment facility in […]

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BLUE UPDATE

Aliko Dangote Criticize CBN Over 30% Interest Rate Increment.

Aliko Dangote, Director of the Dangote Group, has reprimanded the National Bank of Nigeria (CBN) for raising the loan fee to almost 30%. Talking at the Feast Corridor of the State House in Abuja during the initial meeting of a three-day culmination coordinated by the Producers Relationship of Nigeria (MAN) on Tuesday, July 2, Dangote […]

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BLUE UPDATE

Aliko Dangote Reportedly LOSES $900 million Within 24 Hours.

Africa’s richest man, Aliko Dangote, reportedly lost a total of $900 million within 24 hours on Friday, January 8, after his company Dangote Industries Limited emerged the biggest loser at the end of trading on the Nigerian Stock Exchange. According to the Bloomberg Billionaires Index, Dangote’s wealth reportedly fell from $18.4bn on Thursday to $17.5bn on Friday, […]