Dangote Sets New Conditions for NNPCL to Raise Stake in $20bn Refinery
Aliko Dangote says NNPCL’s stake can only increase after the refinery proves operational capacity. Refinery ownership cut from 20% to 7.2% as NNPCL redirects funds to compressed natural gas projects.…
Aliko Dangote’s Net Worth Hits $30.2 Billion as Cement and Oil Businesses Surge
Aliko Dangote’s net worth climbed by $2.25 billion this year, supported by gains in his cement, oil, and fertilizer enterprises. The Dangote Oil Refinery, Africa’s largest, remains his most valuable…
Why Cement Price is High in Nigeria – Dangote
The management of Dangote Cement Plc has disclosed that the price of a bag of cement from its factories and plants in Obajana and Gboko is N2,450, and N2,510 at…
Dangote Refinery Seeks 33,000 Job Hunters
The Dangote Refinery, located in the Lekki Free Trade Zone of Lagos, Nigeria has sought for thirty-three thousand job hunters upon becoming fully operational. It announced the creation of a…
Dangote, Adenuga, Rabiu, Otedola Named in Forbes’ 2025 African Billionaires List
Four Nigerian business moguls have been named in Forbes' 2025 list of Africa's billionaires. The collective wealth of Africa's billionaires has risen from $82.4 billion in 2024 to $105 billion…
Customs Seizes Dangote Truck With 600 Bags of Smuggled Rice
Dangote truck caught with 600 smuggled rice, three arrested Operatives of the Nigeria Customs Service, Ogun 1 Area Command, have taken hold of an articulated vehicle loaded with 600 bags…
Dangote Group: Balancing Socioeconomics and Petroleum Product Pricing
By Comrade Victor Ojei The Dangote Group, led by Aliko Dangote, is undoubtedly one of the most prominent conglomerates in Nigeria and across Africa. With diverse investments spanning multiple sectors,…
Dangote Understands Nigerians Better Than Most Politicians – Bala Mohammed
Governor of Bauchi state, Bala Mohammed has said, chairman of Dangote Group, Aliko Dangote understands Nigerians better than most of the politicians in the country. The governor spoke in Bauchi…
Dangote, Bill Gate to Meet with Tinubu
Chairman of Dangote Group, and Microsoft Co-founder, Bill Gates will on Monday, June 19, 2023, meet with President Bola Tinubu at the State House in Abuja. The development was revealed…
Dangote Refinery Maybe Taken Over by Nigerian Government Over Crisis – Report
Dangote Refinery, the biggest oil refinery project in Africa could be taken over by the Assets Management Corporation of Nigeria (AMCON), as the company looks set to run into a…