Infuriated crowd set ablaze a Dangote truck for killing one motorcyclist and injuring three others. The incident took place on Saturday morning at the Old Ibadan Roundabout Road, Ago-Iwoye, in the Ijebu-North Local Government Area of Ogun State. The Public Relations Officer of the Traffic Compliance and Enforcement Corps, Babatunde Akinbiyi, who disclosed this said the accident … Read more
Africa’s richest man, Aliko Dangote, has reacted to reports linking him to the endorsement governor of Edo state, Godwin Obaseki for a second term. The business Magnate, who spoke through his spokesman, Anthony Chiejina, described the reports that he endorsed the governor as an attempt to smear his reputation. He said as a business leader, … Read more
Alhaji Aliko Dangote has denied reports that he is a co-owner of Executive Jets Services Ltd. Ekohotblog recalls that Executive Jet’s operating license was recently suspended indefinitely by the Ministry of Aviation after flouting lockdown guidelines for flying Nigerian artiste, Naira Marley and his crew to Abuja for a concert. A statement by Anthony Chiejina, … Read more
Profit taking was persistent on the Nigerian Stock Exchange (NSE) on Friday with investors net worth dropping further by N155 billion. Specifically, the market capitalization dipped N155 billion or 1.17 percent to close at N13.049 trillion compared with N13.204 trillion achieved on Thursday. Also, the All-Share Index which opened at 25,312.05 shed 295.75 points or … Read more
IgbereTV reports that Dangote Group has informed its staff members that the lockdown break given by the government is now a part of the company annual leave. A memo to that effect which was captured by IgbereTV reads, “This is to advise all staff that the lockdown period will be regarded as part of Leave … Read more
Investigation is ongoing to track a hit and run Dangote truck driver who caused a tragedy in Kano. On Sunday, the cry of mourning was heard in the city as a family of four were involved in an accident with the truck at Gaida outskirts of the metropolis along the ever busy highway that linked … Read more
A man identified as Yakubu Dalha of Tsangaya Village in Albasu Local Government has been sentenced to death by hanging for killing another man, Zakariyau Bala during an argument. A Kano High Court sitting presided by Justice Yusuf Ubale Mohammed convicted Yakubu over his role in the death of Bala, aka Dangote. Bala reportedly died … Read more
Dangote Group has in the last five years invested over N63bn in the South East with the purchase of over 3,500 units of locally assembled Shacman trucks at the production plant of Anambra Motor Manufacturing Company (ANAMMCO), Enugu. The order was delivered over a period of five years after Dangote Group signed an agreement with … Read more
The Federal Road Safety Corps (FRSC) said one person was crushed to death and 4 others were hurt by a truck on Sunday at Kugbo along Nyanya road, Abuja. The Corps Public Education Police Officer (CPEO), Mr Bisi Kazeem that verified this stated the crash took place at around 2pm. “At about 1400 humans resources, … Read more
Nigerian business tycoon and Arsenal fan Aliko Dangote has restated his resolve to buying the club after the completion of his refinery in Lagos State. Dangote who is valued at £10 billion, wants to replace owner Stan Kroenke but is concentrating on the refinery project for now. “It is a team that yes I would … Read more
Africa’s business mogul, a serial entrepreneur, Aliko Dangote, has revealed that he is planning to open offices in the United States of America and London to protect his family’s wealth from devaluation. The billionaire was speaking in an interview with Bloomberg’s David Rubenstein. In 2016 when Nigeria’s economy was in a recession and the Central … Read more
Singer and 30 Billion gang boss David Adeleke, better known as Davido, according to the Africa Report, makes the list of influential African people in the world. Ekohotblog understands the ‘FALL’ crooner made the top list together with other two Nigerians. Davido holds 7th position as the richest man in Africa Dangote is on number one … Read more
Kano State residents have commended the reconciliation of Gov. Abdullahi Ganduje with the Emir of Kano, Malam Muhammadu Sanusi II by a committee initiated by Alhaji Aliko Dangote and Gov. Kayode Fayemi of Ekiti State in Abuja on Friday. According to the residents, the reconciliation was in the best interest of peace in the state … Read more
The world’s largest single train 650,000 barrels per day Dangote Petroleum Refinery is expected to produce 65.4 million litres of Petrol (PMS), Diesel (AGO), Aviation Jet fuel, and Kerosene (DPK) daily, when it becomes operational. This high volume of petroleum products from the Dangote Refinery will transform Nigeria from a petrol … Read more
The Nigerian National Petroleum Corporation, NNPC, and Chevron Nigeria Limited, CNL, have signed a gas sale and aggregation agreement GSAA, with Dangote Fertiliser Limited, DFL, with Gas Aggregation Company of Nigeria Limited as aggregator. NNPC and CNL are obligated to supply 70mmScf/d of natural gas to Dangote Fertiliser to start up the newly-built fertiliser plant. … Read more