•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...
•The visitors with Herbert’s father, Pastor Shyngle Wigwe (center) Ogun State Governor Dapo Abiodun, Federal Capital Territory (FCT) Minister Nyesom Wike and Dangote Group President Aliko Dangote yesterday paid a condolence visit to the parents of Herbert Wigwe, Access Holdings Plc group chief executive officer. The Access Holdings GCEO ...
•Dangote refinery Indications have emerged that lingering regulatory approvals have stalled Dangote Petrochemical Refinery’s plan to release aviation fuel (Jet A1) and diesel for sale in the Nigerian market in January, findings have shown. One week after the January 31 timeline set by the management of Africa’s largest refinery to begin sale o...
A coalition of Youth groups in the 19 northern states, Arewa Youth Ambassadors (AYA), called on President Bola Tinubu’s administration not to sell crude oil to Dangote Petroleum Refinery (DPR), in dollars but naira. They also ask President Tinubu to continue working with the private refinery owners, particularly DPR and provide them with crude...

