Nasir el-Rufai News

Aliko Dangote, President and Chief Executive Officer of Dangote Group and Co-Chair of the World Economic Forum (WEF) Annual Meeting 2014, speaks during a session at the WEF in Davos January 22, 2014.

Africa's richest man Dangote makes bid to acquire controlling stake of Peugeot Nigeria

Aliko Dangote, Africa’s richest man, has teamed up with two Nigerian states to bid for a majority stake in Peugeot Automobile Nigeria (PAN) Limited, a local joint venture with the French automaker, the governor of Kaduna State said on Thursday.

Nigerian billionaire business man Aliko Dangote. Credit: Benedicte Kurzen/NOOR/theafricareport.com

Billionaire Aliko Dangote's smooth landing

With a new government in power, the business magnate is betting on his huge refinery and agriculture projects taking off. Meanwhile, Dangote Cement continues an expansion plan that has left others scrambling to catch up.

Nigeria's President-Elect Muhammadu Buhari casting his vote for the Governorship and House of Assembly election in Daura, Katsina State, on April 11, 2015 (AFP Photo/Sunday Aghaeze)

Nigeria's incoming ruling party APC makes gains in state governorship elections

Nigeria’s All Progressives Congress on Sunday made key gains in regional elections and kept power in the economic capital Lagos, strengthening its position nationwide after a historic win in the presidential vote last month.