President, Dangote Group, Aliko Dangote, has been appointed a co-chair of next year’s annual meeting of the World Economic Forum in Davos-Kloster, Switzerland. The Executive Chairman, World Economic Forum, Prof. Klaus Schwab, in a letter inviting the business mogul to co-chair the sitting, said the WEF was of the belief […]
Tag: Aliko Dangote
Standard Chartered, GTBank, 10 Other Banks Loan Dangote $3.3 billion on Refinery
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Standard Chartered Bank, Guaranty Trust Bank Plc (GTBank), and 10 other banks Wednesday signed off a loan deal of $3.3 billion for the proposed construction of the biggest Petroleum Oil Refinery & Petrochemical Plants in Nigeria. According to information obtained by Investdvocate, the plants, which […]
Dangote Flour Posts N2.29 billion Loss in Half Year 2013
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Flour Mills Plc (DANGFLOUR) Wednesday posted a N2.299 billion loss in its half year report for the period ended June 30 2013. To record the loss, profit after tax (PAT) of the company went from a negative of N464.352 million in the half year […]
