ADUpdating your news feed...

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

























Loading banners
Loading banners...


Aliko Dangote
Africa’s richest man, Aliko Dangote, says his knack for industrialisation in Nigeria is the reason why he doesn’t have houses abroad.
Dangote noted that having houses in London or the United States of America would distract him from his focus on making Nigeria a hallmark of industrialisation.
The billionaire stated this while speaking to journalists at the Dangote Petroleum Refinery, Ibeju-Lekki area of Lagos State.
He said, “The reason I don’t have a London or American house is solely because I wanted to focus on industrialisation in Nigeria.
“I figured that if I had those houses, there would be one reason or the other for me to visit those places, thereby causing distraction for me.
“I am very passionate about the Nigerian dream, and apart from my Lagos house, I have another one in my home state, Kano, and a rented one in Abuja.”
In her remarks, the Group Executive Director, Commercial Operations, Fatima Dangote, praised her father’s diligence and perseverance in achieving the Nigerian dream.
Fatima stated, “I have not seen anyone as hardworking as my father. Sometimes I wonder how he never gives up.
“I wish we had a few more men like my father in Nigeria. The country will be a better place.”
Earlier, the group CEOdisclosedthat the Nigerian National Petroleum Corporation now owns only a 7.2 per cent stake in the refinery.
He said the figure reduced from the initial 20 per cent, saying, “NNPC no longer owns a 20% stake in the Dangote refinery. They were met to pay their balance in June but have yet to fulfil the obligations. Now, they only own a 7.2% stake intherefinery.” (The PUNCH)