The Chairman of the Dangote Group, Aliko Dangote, is now richer than ever after the completion of his $20bn refinery, a report by Bloomberg has disclosed. Located in Lekki, Lagos, the Dangote ...
Dangote’s Wealth Doubles to $28 Billion on ‘Monster’ Nigeria Oil Project Billionaire’s goal is to make Nigeria energy self-sufficient Massive refinery took 11 years and $20 billion to build ...
Dangote boasts that 80% of his business is dollarized. Next year he said Dangote Group will be the biggest supplier of dollars to Nigeria, whose economic woes have been exacerbated by a shortage ...
The Nigerian National Petroleum Company Limited is still the sole off-taker of Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery despite the recent directive of ...
In the midst of the debate over the operations of Dangote Refineries and the expectation that it would be the messiah for Nigerians as the market contends with fluctuating prices of petroleum ...
The start of gasoline production at Nigerian billionaire Aliko Dangote’s mega oil refinery earlier this month finally spurred Africa’s top crude producer to move toward ending a fuel subsidy ...
Aliko Dangote, Africa’s richest person and the President of the Dangote Group, owners of the new 650,000 barrels per day crude oil refinery in Lagos, yesterday argued that the decision by the ...
Though NNPCL is not a saint, the conflict between the national oil company and Dangote Refinery is a typical Aliko Dangote strategy for muscling out competition. Aliko Dangote, Africa’s richest ...
Discussions continue between Dangote and NNPCL to finalise a long-term agreement that benefits both parties and ensures fuel availability for Nigerians. In an interview with Bloomberg Television ...
Nigeria’s petroleum marketers are upbeat they will sell Premium Motor Spirit (Petrol) cheaper than that of Nigerian National Petroleum Company Limited if Dangote Refinery begins direct sale of ...
Nigerian business mogul, Aliko Dangote, remains the richest man in Africa. Dangote is also ranked the 65th richest man in the world. Bloomberg, in its latest Top 500 Billionaires Index released on ...