The Chairman of Dangote Group, Aliko Dangote, has submitted a petition against the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, to the Independent Corrupt Practices and other Related Offences Commission (ICPC), accusing him of corruption and financial impropriety. In the peti...
•Dangote, Farouk and Tinubu Political activist Comrade Timi Frank, has called on President Bola Ahmed Tinubu to immediately suspend the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, following corruption allegations raised by President of the Dangote Group, Alhaji A...
President of Ghana, John Mahama, business mogul Aliko Dangote and several prominent traditional rulers today arrived in Ile-Ife, Osun State, for the installation of Mahama as the Aare Atayeto Oodua. Among the dignitaries present were the Emir of Kano, Ado Bayero; the Owa Obokun of Ijesaland, Oba Clement Haastrup; the Olofa of Offa, Oba Mufutau...
•Aliko Dangote and Port Harcourt Refinery President and CEO of Dangote Group, Aliko Dangote, has said that the Nigerian National Petroleum Corporation (NNPC) Limited’s four refineries would not attract buyers even if put up for sale, citing regulatory and investment challenges. Dangote attributed the current crisis in the downstream sector to ...
Founder and President of Dangote Group, Aliko Dangote, has announced that petrol prices will drop to ₦739 per litre nationwide, beginning tomorrow, with initial implementation at MRS stations in Lagos. Dangote, at a press briefing at the Lekki Refinery yesterday, said the refinery had reduced its gantry price from ₦828 to ₦699 per litre two [&...
•Aliko Dangote The President of the Dangote Group, Alhaji Aliko Dangote, yesterday alleged that the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, paid about $5million for the secondary school education of his four children in Switzerland, calling for a full investigation and public expla...
•Aliko Dangote President and Chief Executive of the Dangote Group, Aliko Dangote, has called on African entrepreneurs to invest in the continent as a priority. Dangote advised while speaking at the ‘Imo State Economic Summit 2025’ held in the state today, reports Channels TV. According to him, local investments will in turn attract foreign inv...
•Dangote Refinery fuel loading bay Dangote Petroleum Refinery will supply 50 million litres of petrol per day into the Nigerian market. The decision was taken to ensure that there is no shortage of the product during the festive season, the company said yesterday. This translates to 1.5 billion litres of Premium Motor Spirit (PMS) for [&hellip...
Premium Motor Spirit (PMS) or petrol supply is set to boom nationwide, as fresh shipments recorded between yesterday and today, November 10 and 11, 2025 revealed upbeat activity across Lagos and Port Harcourt. Data obtained from Petroleum Price showed that Techno Oil, Ardova, AA Rano, and MOCoh maintained active berthing schedules during the t...
Justice Mohammed Umar of the Federal High Court in Abuja, yesterday, dismissed the N100 billion suit filed by Dangote Petroleum Refinery and Petrochemicals FZE against the Nigerian National Petroleum Company Limited (NNPCL) and its co-defendants over an oil import licence dispute. The court dismissed the suit following an oral application by t...
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