Aliko Dangote
Most of Nigeria’s richest men, be they generals, politicians or businessmen, have made their money either directly or indirectly from oil – which accounts for more than 90% of the country’s hard currency earnings.
Aliko Dangote stands out for having amassed a fortune from humbler fare. Arguably Africa’s richest man, and certainly its wealthiest industrialist, his career began when he secured a licence to import cement three decades ago.
The son of a well-off family from the predominantly Muslim north, he cultivated ties with military regimes that ruled between 1985 and 1999. But it was the civilian presidency of Olusegun Obasanjo between 1999 and 2007 that marked the golden age of his Dangote Conglomerate, which dominates the supply of a wide range of staple products – from cement to sugar. Read the rest of this entry »
The most reliable route to riches in Africa once lay via politics and “public” service. No surprise, since the state in many of sub-Saharan Africa’s 48 countries controlled the principal levers of the economy in the decades following independence.
The Nigerian Electricity Regulatory Commission (NERC) awarded a generating license to Dangote Industry Power Ltd., a unit of Dangote Industries Ltd., Daily Trust reported, citing Immamudeen Talba, head of the NERC. 
Following the 
A new dawn for the Nigerian Stock Exchange begins as Alhaji Aliko Dangote today becomes the President of the Council of the Nigerian Stock Exchange.
