Tag: Danjuma
-
Corona Virus: Dangote loses N240b in five hours
Africa’s richest man Aliko Dangote on Wednesday lost more than N240 billion in five hours as the effect of the coronavirus bit harder on the Stock Exchange. The World Health Organisation (WHO) on Wednesday declared coronavirus a pandemic. A pandemic is a disease that is spreading in multiple countries around the world at the same…
-
$9.6b judgment: Danjuma’s, P&ID exposed
With the dust raised over the $9.6 billion judgment debt awarded to Process and Industrial Development Ltd (P&ID) yet to settle, another controversy over ownership of the project has surfaced. Billionaire businessman Gen. Theophilus Danjuma has been linked to the deal. A report by Businessweek quoted the one-time Minister of Defence as claiming that he…