Tag: Dangote

Dangote Partners MRS to Sell Petrol at ₦935/Litre Nationwide

In a move expected to bring relief to Nigerians, Dangote Refinery has announced a partnership with MRS to sell petrol at ₦935 per litre across the country. This development comes…

‘Was Nigeria Created For Dangote?’ FFK Asks FG

Former minister of Aviation, Femi Fani-Kayode has questioned the favoritism Africa's richest man, Aliko Dangote enjoys from the Nigerian government. Taking to his official Facebook page on Tuesday, the legal…

Daily Report

$2.4bn of $5.5bn refinery loan repaid, says Dangote

The founder of Dangote Group, Aliko Dangote, has revealed that he has paid off $2.4bn of the $5.5bn loan for his $19bn Lagos-based refinery. The Africa’s richest man also alleged…

Dangote’s $750m Offer: How Obasanjo’s Refinery Privatisation Plan Was Scuttled

Former President Olusegun Obasanjo has shed light on the botched attempt to privatise Nigeria's refineries during his presidency, revealing that Africa's richest man, Aliko Dangote, had offered $750 million to…

Dangote Reacts to Favoritism Claims on Border Usage, Fires Bloomberg

The Dangote group described as misleading the recent reports published on Bloomberg which alleged that it's cement branch was enjoying favoritism from the Nigerian government. The report stated the popular…

Daily Report

NNPC No Longer Owns 20% of Dangote Refinery – Dangote

  The Nigerian National Petroleum Corporation Limited (NNPCL) has lost its 20% stake in the Dangote Refinery due to its failure to pay the outstanding balance for its shares. This…

Dangote Describes $23bn Refinery as Biggest Risk of His Life

Billionaire Aliko Dangote has described his $23bn Dangote Refinery project as the “biggest risk” of his life._ Despite the refinery’s groundbreaking capacity of 650,000 barrels per day, Dangote revealed that…

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…

Lafarge, Dangote Face Query to Justify Cement Price Hike

    The House of Representatives has begun an investigation into the recent increase in cement prices, with a focus on major producers Dangote Cement Company and Lafarge Africa Plc.…

Billionaire Businessman Dangote Hosts Burna Boy For Ramadan Iftar

Aliko Dangote, Africa's richest man has treated Burna Boy to dinner in the Ramadan Iftar. A video making rounds online shows when Burna Boy met with Dangote and prostrated before…