•Dangote fuel trucks Fresh concerns over a global economic shock are mounting as oil prices surged sharply yesterday following escalating tensions in the Middle East and the emergence of Mojtaba Khamenei as Iran’s new supreme leader. Following the global oil crisis, the Managing Director/Chief Executive Officer of Dangote Refinery and Petroche...
Aliko Dangote, Mike Adenuga, Femi Otedola, and Abdulsamad Rabiu have been named among Africa’s richest individuals in 2026. According to the latest Africa Billionaires ranking released by Forbes, Dangote retained his position as Africa’s richest man, with an estimated net worth of $28.5 billion. He added about $4.6 billion to his fortune over ...
The Dangote Petroleum Refinery has announced a new petrol petrol, an increase by over N100 per litre. The changes followed the rise in crude oil price to $80 per barrel in the international market. Marketers, including MRS Oil Nigeria Plc and Ardova Plc, will now have to adjust their pump prices. The new price was […]
•Aliko Dangote Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote Petroleum Refinery & Petrochemicals from 650,000 barrels per day to 1.4 million barrels ...
•Aliko Dangote The President of the Dangote Group, Aliko Dangote, has said that recognising and rewarding customers is not just about maintaining good relationships but a smart business decision that strengthens long-term growth. Dangote spoke in Abuja at the 2025 Customers Dinner and Awards Night organised by NASCON Allied Industries Plc, pop...
Determined to significantly reduce the importation of petroleum products by major marketers, the Dangote Petroleum Refinery has made a renewed overture to the affected operators by offering them the option of coastal loading. This comes despite the additional logistics cost associated with transporting petroleum products by vessel from the ref...
•Aliko Dangote Dangote Refinery says it does not import refined petroleum products into Nigeria, insisting that all petrol and other fuels sold from its operations are fully refined locally. The clarification was made by the Chief Executive Officer of Dangote Refinery, Mr David Bird, during a news conference today in Lagos, amid allegations ov...
An enhanced gas supply deal that will ensure adequate supply to meet ongoing expansion projects by Dangote Group has been signed by the Dangote Industries Limited (DIL) and the Nigerian National Petroleum Company Limited (NNPCL). The deal saw three subsidiaries of DIL – Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Pl...
•Chief Executive Officer of MTN Group, Ralph Mupita Dangote Industries has appointed the Chief Executive Officer of MTN Group, Ralph Mupita, to the board of Dangote Fertiliser Limited. The appointment was confirmed by the Managing Director of Dangote Fertiliser, Vishwajit Sinha, in an email response to enquiries from Bloomberg. This is as the ...
The Chairman of Dangote Industries, Aliko Dangote, through his legal representative, has filed a formal corruption petition against the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, at the headquarters of the Economic and Financial Crimes Commission. This was disclosed in a stat...
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