The chairman of the United Bank for Africa, UBA, Tony Elumelu has launched the UBA UK in London. The bank had earlier announced that its London subsidiary had obtained regulatory approval to carry out wholesale banking activities in the United Kingdom. Following the authorization, UBA is now the only sub-Saharan African bank to conduct banking…
Dangote Now 64th Richest Man in The World
President of Dangote Group, Aliko Dangote has emerged as 64th richest person in the world with an estimated $16.6 billion, as against his previous ranking of 103rd in the world. Dangote, who remains the richest man in Africa for the 8th year running, was the only Nigerian on the list of the top 500 billionaires,…
Working to End Malaria Scourge
The Aliko Dangote Foundation Malaria Programme, an entity by the Nigerian billionaire, Aliko Dangote, was one of five organisations recently honoured in Accra, Ghana for their effort in tackling Malaria in Africa. The honour came in form of an award presented to the foundation by GBCHealth’s Corporate Alliance on Malaria in Africa (CAMA), alongside the…
Dangote Renews Commitment To Fighting Hunger, Poverty
Dangote Renews Commitment To Fighting Hunger, Poverty The Aliko Dangote Foundation has restated its commitment to fighting hunger and malnutrition, supporting education; and economic empowerment. Zouera Youssoufou, managing director and chief executive officer of the Foundation affirmed this in an interview with TELL, where she also explained conditions under which the Foundation intervenes in areas…
Ezekwesili, Dangote, Others Emerge Most Influential Africans
Obiageli Ezekwesili, activist and former Minister of education; Aliko Dangote, business tycoon and 31 other Nigerians have made the 2014 list of most influential Africans. New African Magazine, organisers of the award, said it selected the winners across board for their outstanding performances in various categories. The event which has become an annual one saw…
Dangote Doubles Capacity of Ibeshe Cement Plant
Aliko Dangote, president of Dangote Group, has increased the capacity of Dangote Cement Plc, Ibeshe, Ogun State plant from 6 million tonnes to 12 million tonnes per annum by adding two new lines. Sunday Adondua, deputy manager, production/process and training coordinator, said of the new lines: Lines Three and Four, one has been commissioned and…
