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…
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…