Monday, June 18, 2012

Nigeria: Court reinstates Dangote as president of Stock Exchange

Aliko Dangote. PHOTO/Mike Hutchings/Reuters

Africa’s richest man, Aliko Dangote, will on Tuesday return back to the office of the President of the Nigeria Stock Exchange (NSE), following last Friday’s ruling by the Court of Appeal in Lagos upholding his three appeals against cases that led to the nullification of his election as president of the exchange in March 2010.

Dangote was elected the 17th president of the NSE in August 2009 based on a unanimous acclamation by the council

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