•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...
•Dangote refinery The Dangote Petroleum Refinery has confirmed the registration of oil marketers as its distributors. Dangote Group said today that it had registered three associations of marketers in the Nigerian oil sector. In a statement on its X today, the Dangote Group listed the marketers to include members of the Depot and Petroleum Pro...
Dangote Cement reached N10tn market capitalisation at the close of business today, Monday, January 22, making it the first firm on the Nigerian Exchange to reach that milestone. It closed trading with a N10.098tn market cap. Recall that, it displaced Airtel Africa as the most capitalised stock on the local stock exchange earlier this month. [&...
•Dangote Refinery The Dangote Petroleum Refinery is to supply fuel to about 150,000 retail outlets operated by the Independent Petroleum Marketers Association of Nigeria following a meeting between the management of the refinery and executives of IPMAN. Last week Monday, it was reported that IPMAN had scheduled a meeting with the management of...

