Entertainment News

Dangote Threatens To Arrest People Spreading Fake News About Cement Price

The management of Dangote Cement Plc. has dismissed reports circulating online that the company has slashed the cost of cement per bag between N2,400 and N2,700 as part of a sales promo.

“This is to inform the general public that the sale of Dangote Cement is at a promotional factory price of N2,410 per bag. Transportation and offloading cost to any location in Nigeria is N300 per bag,” one of the said posts reportedly reads.

However, adding further to his disclaimer earlier, the Chief Branding and Communications Officer of the Dangote Group, Anthony Chiejina, described the reports as mischievous, malicious, and false.

Chiejina threatened that the Dangote Cement management has formally informed law enforcement agencies to track down, name, and deal with the perpetrators of the fake news, which it described as devious and deceptive.

He urged Dangote Cement customers and other stakeholders to continue patronising the high-quality cement brand and be careful of scammers, who are bent on defrauding them of their funds.

Entertainment News

People Working For Me Have Houses Abroad But I Don’t

Billionaire Nigerian industrialist, Aliko Dangote has disclosed that he does not own a home in foreign countries but his workers own houses abroad which they use as holiday homes.

The richest man in Africa disclosed this during an interview with Business Insider Africa to outline the need for young people to take their eyes off luxurious things and focus on making their businesses grow.

He said;

“A lot of people even the younger ones, we need to be very careful because one of the biggest issues. With us Africans, it is that we spend our projected incomes.

“Once you start doing business and the business starts doing well, rather than for you to keep investing into the business, you start spending money and thinking that the profit will continue to come. There are ups and downs in business so you need to be very focused and say ‘Okay fine what do you do and how to do those things.

“Luxury things,  they also take up your time which will not make you focus on your business. I mean, I don’t have any holiday home anywhere; I don’t have a house anywhere but I know people who are working for me, they have a house in London. But I don’t.”

Entertainment News

Dangote Buys Two Cars Every 8 Years’– Davido Reveals

David Adeleke, the Nigerian afrobeats superstar, who is popularly known as Davido, has made a disclosure about Africa’s richest man, Aliko Dangote.

Davido says Dangote buys two cars every eight years.

The Omo Baba Olowo crooner revealed this in a recent interview with Forbes.

He spoke about his family’s relationship with Dangote, adding that his billionaire father, Chief Adedeji Adeleke, is friends with the world’s richest black person.

He revealed that Dangote always advised him to save his money every time they meet.

Davido said, “Uncle Aliko [Dangote] is a very different kind of billionaire. Uncle Aliko buys like two cars every eight years. He’s a very disciplined and very different kind of billionaire.

“Every time I see him, he just says one thing, ‘Save your money!’. There’s nothing more he tells me, everytime save your money. He and my dad have been very close friends.

“And he [Dangote] has done well for us [Nigerians] back home. He made us a lot of industries. He just opened the biggest factory in Africa. That’s providing jobs.”


Aliko Dangote set to acquire French football club


Nigerian business mogul and richest man in Africa, Aliko Dangote is reportedly close to buying Valenciennes, a team in the French Ligue 2.

According to French media reports, the CEO of the Dangote Group is about to buy a 60 percent stake in the team.

The Dangote Group which is the largest industrial conglomerate in Africa, had previously expressed interest in buying Premier League team Arsenal, but the deal was unsuccessful.

Valenciennes was founded in 1913, and it currently holds its home games at the Stade du Hainaut.

The team has competed in Ligue 1 for 40 seasons and Ligue 2 for 36 and have won the Ligue 2 championship twice but have never won the Ligue 1 championship.