•Dangote (left) and Tinubu President Bola Tinubu today inaugurated the Presidential Economic Coordination Council (PECC) tasked with strategising a way out of the current economic situation in the country. The Council has a mix of government officials, top private sector players, and consultants including President of the Dangote Industries Li...
•Aliko Dangote Chairman and Chief Executive of the Dangote Group, Aliko Dangote, has criticised the latest increment of interest rate to almost 30 per cent by the Central Bank of Nigeria (CBN). While addressing the audience during the opening session of a three-day summit Organised by the Manufacturers Association of Nigeria (MAN) at the Banqu...
There was a fire outbreak today at the Dangote Petroleum Refinery in the Lekki Free Zone, Lagos. Reacting to the incident, the Chief Corporate Communications Officer of Dangote Group, Anthony Chiejina, disclosed in a statement that the fire has been contained and there is no cause for alarm. The statement reads: “We have swiftly contained [&he...
•House of Representatives Dangote Cement, BUA, IBETO and other stakeholders have been given a 14-day ultimatum to appear before the House of Representatives Joint Committee to clear the air over the increase in cement price in the country. This followed the failure of the companies and others to appear at its investigative hearing today, repor...
•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...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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