Nigerian billionaire Aliko Dangote’s wealth plummets

Published by Joseph Green, Editor
World Cement, Thursday, 08 September 2016 10:15

According to the latest report by BloombergMarkets, Nigerian billionaire Aliko Dangote’s fortune has fallen by 35% this year -- representing a loss of US$5.4 billion.

The fall comes on the back of a commodities slump and a devaluation of the naira in June.

The cement mogul’s net worth now stands at US$9.9 billion, a 62% drop since January 2014.

Edited from source by Joseph Green. Source: BloombergMarkets

Read the article online at: https://www.worldcement.com/africa-middle-east/08092016/nigerian-billionaire-aliko-dangote-wealth-plummets-221/

Aggregate Industries getting fired up for recycled pottery

Thursday 25 April 2024 09:04

Thousands of tonnes of broken and rejected pottery is to be recycled by Aggregate Industries to help create cement at its Staffordshire plant.

Dangote Cement announces CSR projects

Wednesday, 20 May 2015 11:45

The Nigerian cement manufacturer has announced 19 new projects to support the communities close to the Ibese cement plant.

Dangote Cement sponsors 9th National Council on Environment

Friday, 24 May 2013 10:45

The Nigerian cement producer has partnered with the Ministry of Environment to support the Council held in Benue State earlier this month.

Dangote Cement’s revenue rises in 1Q13

Wednesday, 08 May 2013 09:30

The Nigerian cement manufacturer has recorded double digit increases in pre-tax and gross profit.

Dalmia Cement set to expand its reach across India

Monday, 12 December 2011 14:15

Dalmia Cement is poised to open new cement plants in Meghalaya and Karnataka, India, as part of its expansion plans.

Embed article link: (copy the HTML code below):

You might also like