In a significant move to alleviate pressure on road networks and facilitate exports to other African countries, the Dangote Group has announced plans to transport refined petroleum products by sea. This development was revealed by Senior Adviser to the Group…
Dangote Group has debunked reports making the rounds that the Nigeria National Petroleum Company Limited (NNPCL) is currently lifting petrol from its refinery at a price of N897 per litre. The denial was contained in a statement on Thursday by…
By Esther Agbo In a recent Central Bank of Nigeria (CBN) Retail Dutch Auction, subsidiaries of the Dangote Group secured a substantial $105.33 million in foreign exchange (FX) allocations, a move that underscores the conglomerate’s strategic manoeuvring in an increasingly…
Companies under the Dangote Group lost about N1.21 trillion of their market capitalisation in July 2024, as they all experienced double-digit share price decline during the month. Dangote Cement, Dangote Sugar Refinery, and NASCON Allied Industries are the three…
Dangote group has said that its target is to ensure that Nigeria becomes self-sufficient in all sectors of its investment. The South East Regional Director, Dangote Cement, Dr. Abayomi Shittu, made the disclosure in Enugu on Wednesday at the ongoing…
…As refinery kicks production, await regulatory approval for commercial rollout President of Dangote Group, Aliko Dangote has revealed that President Bola Ahmed Tinubu encouraged him to embark on the construction of a refinery project. The Dangote Refinery commenced production of…
The Dangote Group has expressed readiness to assist the Economic and Financial Crimes Commission (EFCC) in its investigations, following the commission’s visit to the company’s head office in Lagos. The News Agency of Nigeria (NAN) recalls that EFCC operatives on …
ALHAJI Aliko Dangote, Chairman Dangote Group, has given the assurance that the Dangote Petroleum Refinery would turn out its first product before the end of July. Dangote disclosed this at the inauguration of refinery in Ibeju-Lekki, Lagos on Monday. “Beyond…
The Director-General, Manufacturers Association of Nigeria (MAN), Mr Segun Ajayi-Kadir, says it is gratifying that the Dangote Refinery can meet 100 per cent of Nigeria’s requirement for all refined products and have surplus for export. He said this as some members of the…
…Commits over $20bn to Pan-African Investments Africa’s foremost entrepreneur and President of the Dangote Group, Aliko Dangote has urged African countries to dismantle all economic barriers hindering free trade among the nations, in order to achieve sustainable growth and development…
