Nigerian billionaire Aliko Dangote on Thursday sold 63 percent of Dangote Flour to South African consumer goods firm Tiger Brands in a deal worth $188 million, brokers said. The sale of 3.1 billion shares on the Nigerian Stock Exchange was done at 9.50 naira ($0.06) per share, after regulators’ approval […]
Tag: Aliko Dangote
Can Dangote Chart a New Course for the Nigerian Bourse?
Goddy Egene writes that the judicial reinstatement of Alhaji Aliko Dangote as the President of the Nigerian Stock Exchange (NSE) is an interesting development, but adds that he will have his work cut out in restoring confidence and aiding the market’s recovery Leading industrialist and president, Dangote Group, Alhaji Aliko […]
Dangote Chairs NSE National Council Meeting
Press Release The National Council of The Nigerian Stock Exchange (“The Councilâ€ÂÂ) met on Tuesday, 19 June 2012. Alhaji Aliko Dangote, whose presidency of The Exchange was recently confirmed by the Court of Appeal, sitting in Lagos chaired the meeting. Noting the recent reforms at The Exchange, AlhajiDangote expressed his […]
