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Africa ‘s Richest Man Bids For Automaker Peugeot

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Africa’s richest man, Aliko Dangote has made a bid for a majority stake in automaker Peugeot Automobile Nigeria (PAN) Limited. Nasir El-Rufai, the Governor of Nigeria’s Kaduna state, told journalists on Thursday that Dangote is a key member of a consortium that has applied to acquire the majority stake in the company which is currently owned by Nigeria’s state-backed “bad ...

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