Dangote to Offer Refinery Shares to Nigerians
Dangote Refinery to open share sale to Nigerians within five months NNPC holds 7.25% equity stake on behalf of Nigerians Investors may receive dividends in naira or dollars President of…
Dangote Signs $400m Equipment Deal To Expand Refinery To 1.4m bpd
Dangote signs $400m agreement with Chinese machinery giant Refinery capacity to rise from 650,000 to 1.4 million barrels per day Urea, polypropylene, LAB output also set for major expansion The…
Dangote Refinery Warns: Coastal Fuel Evacuation Could Push Petrol to ₦1,000 per Litre
Dangote Refinery backs gantry loading as the cheapest fuel evacuation method Coastal delivery could add about ₦75 per litre to petrol cost Pipeline investment urged to cut distribution expenses nationwide…
Dangote Files Corruption Petition Against Former NMDPRA MD At EFCC
Dangote submits corruption petition against former NMDPRA MD, Farouk Ahmed, at EFCC. Petition withdrawn from ICPC to allow faster prosecution, according to lawyers. Allegations include abuse of office and living…
Dangote drags ex-NMDPRA boss Farouk Ahmed to EFCC
Aliko Dangote petitions EFCC over alleged abuse of office and corrupt enrichment by former NMDPRA boss Farouk Ahmed. Move follows withdrawal of earlier petition from ICPC, described as a strategy…
Dangote Rolls Out ₦739/Litre Petrol Across MRS Stations Nationwide
Dangote Refinery has introduced petrol at ₦739 per litre at all MRS Oil Nigeria Plc filling stations nationwide. Over 2,000 MRS outlets are expected to reflect the new price, backed…
Dangote Threatens ₦100bn Lawsuit Against Kaduna Businessman Over Alleged Defamation
Dangote issues 7-day ultimatum over alleged defamatory remarks Claims linked to Port Harcourt activities in the 1980s strongly denied Statements were aired on TrustTV interview ₦100bn damages demanded, plus public…
Dangote Emerges ECOWAS Business Council Chairman
ECOWAS Business Council appoints Aliko Dangote as its first Chairman. Appointment announced at the ECOWAS Council of Ministers meeting in Abuja. Council created to strengthen regional trade and private sector…
Nigeria Should Not Be Importing Fuel, We Have The Capacity to Meet Local Demand — Dangote
Dangote warns that Nigeria should not be importing fuel when crude is available. Oil companies divert Nigerian crude to foreign traders at premium rates. Dangote asks government to enforce crude…
828m Litres of Petrol Imported as Dangote Refinery Fails to Meet Demand
Dangote Refinery supplied only 17.1m litres daily in October. Nigeria relied on 828 million litres of imported petrol to meet demand. Planned 15% import duty on fuel suspended amid supply…