Showing posts with label Aliko Dangote. Show all posts
Showing posts with label Aliko Dangote. Show all posts

Wednesday, March 5, 2014

Nigeria's rich elite buying private jets to avoid flying on commercial airlines

Nigeria's rich elite are increasingly buying private jets to avoid flying on commercial airlines, reports the BBC's Tomi Oladipo from Lagos. The full report below...
"There's an average of nine aircrafts fixed here in the hangar," says Peter de Waal of ExecuJet Aviation Nigeria, looking across at a line of sleek jets, as a team of engineers works on them.
ExecuJet provides a hangar and is authorised by major aviation companies to provide maintenance services for business aircrafts, attesting to the rapid growth of the private aircraft industry in Nigeria.

"Maintenance was done in Europe and the United States, but our services here can help save time and an enormous cost," Mr De Waal told the BBC.

Friday, January 3, 2014

Dangote $9.2 billion richer in 2013, Gates leads the world

The man who is the most generous giver on earth, Bill Gates is also the richest individual, according to a Bloomberg report today.
Gates net worth ballooned by $15.8 billion to $78.5 billion, according to the Bloomberg Billionaires index, as shares of Microsoft, the world’s largest software maker, rose 40 percent in 2013.
Bloomberg says that the 58 year-old software tycoon recaptured the title of world’s richest person on May 16 from Mexican investor Carlos Slim.

Gates’s fortune has also benefited from a rally in stock holdings that include the Canadian National Railway Co. and sanitizing-products maker Ecolab Inc., which rose 34 percent and 45 percent respectively.