•Arrested soldiers with Military police The Nigerian Army, today, said it has dismissed two soldiers, Corporal Innocent Joseph, and Lance Corporal Jacob Gani, accused of stealing armoured cables at the Dangote refinery on April 14, 2024. It was earlier reported how the soldiers entered the facility in an Acura jeep but were caught at the [&hel...
•Dangote refinery The Dangote Petroleum Refinery has listened to the calls of oil marketers as regards the reduction in the price of Automotive Gas Oil, popularly called diesel. Yesterday, the refinery announced a reduction in the price of diesel from N1,200/litre to N1,000/litre, a development that triggered excitement among operators in the ...
•Dangote Refinery The federal government has eventually complied with the demands of domestic crude oil refiners and other operators in the sector, as it declared yesterday that indigenous refineries can now buy crude oil in naira or dollars. It also declared that the total crude oil and condensate reserves in Nigeria increased to 37.5 billion...
•Aliko Dangote Africa’s richest man Aliko Dangote says Nigerians should expect a drop in inflation given the reduction of diesel pump prices. He stated this yesterday during a chat with journalists after he paid Eid-el-Fitr homage to President Bola Tinubu at his Lagos residence. “I believe that we are on the right track. I believe […]...
•Dangote As the Nigerian National Petroleum Company, NNPC Limited, moves to end petrol scarcity in Lagos and its environs, Dangote Refinery and oil marketers have intensified efforts at taking final decisions on pricing and delivery of petrol to filling stations nationwide. Dangote Refinery, which can refine 650,000 barrels per day, bpd of cru...
•Dangote About 107 companies including Dangote and Mikano International are currently enjoying tax exemption from the federal government despite its insistence to discontinue the programme and drastic steps to improve its revenue base, findings have shown. It also increased the number of beneficiaries enjoying Pioneer Status under the Industri...
•Bags of cement Dangote, BUA, Lafarge and other cement major manufacturers agreed to reduce the price of cement after a meeting with the federal government. The meeting initiated by the minister of Works, David Umahi was also attended by the minister of Industry, Trade, and Investment, Uzoka-Anite, in Abuja on Monday, February 19, 2024, report...
In an indication that the manufacturing industry in the country is going through severe foreign exchange pressure, Dangote Sugar Refinery recorded its first loss in 13 years. A growing number of manufacturers including Guinness Nigeria Plc, International Breweries Plc, PZ Cussons Nigeria Plc, Nigeria Breweries Plc and Cadbury Nigeria Plc have ...
•Late Herbert Wigwe The Chairman and CEO of Dangote Group, Aliko Dangote, has named the road leading to his Lagos refinery after the late Herbert Wigwe. Recall that the Chief Executive Officer of Access Holdings died alongside his wife and son in an helicopter crash in California, the United States of America, reports Nigerian Tribune. [&helli...
•Dangote Refinery The Dangote Petroleum Refinery has issued tenders to sell two fuel cargoes for export, the first from the newly commissioned refinery, trading sources with knowledge of the matter told Reuters. Nigerians have been eagerly looking forward to the release of products from the $20bn Dangote refinery after it was inaugurated in Ma...
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