NIGERIAN billionaire businessman, Aliko Dangote, said that one of the challenges in the industry was having to deal with oil mafias. Speaking during an interview with Forbes, on Monday, the businessman described the mafia in the oil industry as more dangerous than those involved in hard drugs. According to him, …
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THERE are indications that the price of fuel may drop following an agreement between Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Dangote Petroleum Refinery. The agreement allows IPMAN to lift products directly from the Refinery. This, according to the Association, will ensure the availability of petroleum to Nigerians at …
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■ Feeds vulnerable Communities, empowers Children, Widows AS part of activities marking the 2024 Global Sustainability Week, leading Cement manufacturer, Dangote Cement PLC has reached out to vulnerable and deprived communities across its business operations with food items and unveiled skills acquisition and educational empowerment initiatives. This is just as …
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AT the recent African Renaissance Retreat in Kigali, Rwanda, Aliko Dangote, President and CEO of the Pan-African conglomerate, Dangote Group, urged African business leaders to take charge of transforming the continent. Despite Africa’s challenges, Dangote emphasised that the continent’s vast natural resources and youthful population offer immense opportunities for growth …
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IN the months and years ahead, Nigerians and Africans would have a choice of buying refined petroleum products produced on our soil. In North and West Africa, only Libya and Algeria have functioning refineries. Nigeria, in the past 20 years, has expended enormous resources in trying to revive its four …
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NEWSEXTRA24 confirmed that owner of the Lagos-based refinery Aliko Dangote, on Tuesday, spoke on pricing for petrol produced at his 650,000 barrels per day facility. The refinery owner also confirm that the product will hit the market in the next 24 hours as soon as his company finalises modalities with …
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IN a strategic move to accelerate industrial growth and economic development, Gabon’s President Brice Oligui Nguema has extended a formal invitation to Aliko Dangote, the President and CEO of Dangote Industries Limited, to explore lucrative investment opportunities in Gabon’s cement and fertilizer sectors. The focus will be on boosting urea …
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Aliko Dangote, Africa’s richest man, has decided to drop the plans to invest in a new steel plant in Nigeria after the government accused him of monopoly with his new refinery in the West African nation. “Our own board has decided that we should not have the steel plant. …
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THE President of the Dangote Group, Aliko Dangote, has said the company is expanding the storage capacity of its refinery by 600 million litres. Dangote spoke at the Afreximbank Annual Meetings and AfriCaribbean Trade & Investment Forum in Nassau, The Bahamas on Wednesday. This, according to him, will push the …
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● Gov, Senators hail Dangote on impactful facility Leadership of the Senate at the weekend unveiled the multi-million dollar world-class Dangote Sinotruk West Africa Ltd CKD Plant established by the business mogul, Aliko Dangote, with a call on other eminent Nigerians to emulate him in using their wealth to benefit …
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