Tag: Aliko Dangote

ICPC summons Aliko Dangote over petition against ex-NMDPRA boss

The ICPC has summoned Aliko Dangote to appear before a panel investigating his petition against former NMDPRA MD Farouk Ahmed. Dangote accused Ahmed of corruption, misappropriation of funds, and spending…

Sodiq Olaitan

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.…

Sodiq Olaitan

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…

Silas God'stime

Kogi Assembly Shuts Down Dangote Cement Factory, Mulls Dangote’s Arrest

The Kogi House of Assembly has sealed the Dangote Cement factory, Obajana, and threatened to arrest its chairman Aliko Dangote for failing to honour the legislature’s invitations. The shutdown of…

NNPC Fails to Deliver on Crude Supply Deal, Says Dangote Refinery

The Dangote Refinery, Nigeria’s largest privately-owned refinery, has accused the Nigerian National Petroleum Corporation (NNPC) of failing to meet its agreed crude oil supply obligations under the crude-for-naira arrangement. In…

Court Jails Nigerian DJ For Cloning Buratai, Dangote’s Daughter Facebook Accounts

A Disc Jockey (DJ) identified as Blessed Michael, is to reportedly spend six (6) months in prison for cloning the Facebook accounts of former chief of army staff, Lt.Gen. Tukur…

Dangote Refinery Gets Commission Date

Dangote refinery set for commissioning Dangote Group has officially announced the launch date for its highly anticipated refineries. The commissioning is set to take place on Monday, May 22, 2023,…

Dangote’s Wealth Surges By 100% To $23.9bn, Retains Position As Richest Man In Africa

Aliiko Dangote's wealth has surged by almost 100% to $23.9 billion, according to Forbes. Dangote retains his position as the richest man in Africa and is now ranked 86th in…

Dangote’s Business Model is Disastrous for Nigeria – US

The United States has described the business strategies deployed by the Dangote Group of Companies’ as disastrous to the Nigerian economy. Owned by Africa’s richest man, Aliko Dangote, Dangote Group…

Daily Report

Dangote Refinary: NNPCL Reveals Date of Crude Oil Supply

The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that it will supply three hundred thousand barrels of crude oil to the Aliko Dangote refinery next week as it is…