Business

Dangote expands East Africa footprint with $660m Ethiopia-Djibouti

  • 24th September 2026

Gucci turns to China for new sneakers amid

  • 24th September 2026

Starbucks plans to shut 250 North American cafes

  • 24th September 2026

US launches online portal to report visa fraud,

  • 24th September 2026

Contact Info

Some Populer Post

US launches online portal to report visa fraud, misuse

Travel

Nigeria, US sign deal for $700bn mineral resources development

Investment

FG commissions 581kWp solar mini-grid in Kwara community

Electricity

Dangote expands East Africa footprint with $660m Ethiopia-Djibouti pipeline

Business

Tag: Aliko Dangote

Oil and Gas

Why we rejected NNPCL’s bid to increase stake in refinery — Dangote

President of the Dangote Group, Aliko Dangote, has disclosed that the company turned down efforts by the Nigerian National Petroleum Company Limited to raise its 7.25 per cent equity holding in the Dangote Petroleum Refinery. The PUNCH reported that Dangote made the revelation during an interview with Nicolai Tangen, the chief executive officer of the […]

Business

Dangote rejects NNPC bid to raise 7.25% stake in refinery

The President of the Dangote Group, Alhaji Aliko Dangote, has revealed that the company turned down a request by the Nigerian National Petroleum Company Limited to increase its 7.25 per cent equity stake in the Dangote Petroleum Refinery. Dangote made the disclosure during an interview with the Chief Executive Officer of the Norwegian Sovereign Wealth […]

Business

Dangote eyes $50bn listing as oil prices strengthen

Africa’s richest man, Aliko Dangote is aiming for a valuation of up to $50 billion for his planned refinery listing this year, buoyed by stronger oil prices. This was disclosed in a Bloomberg report, citing people familiar with the matter. Dangote Petroleum Refinery & Petrochemicals FZE could float as much as a 10 per cent […]

Business

Dangote, Norwegian sovereign wealth fund explore major investment ties

The President/Chief Executive of the Dangote Group, Aliko Dangote, has met with Nicolai Tangen, CEO of Norges Bank Investment Management, the world’s largest sovereign wealth fund manager with assets of about $1.9 trillion. During the high-level talks, the Norwegian investment institution signaled strong interest in partnering with the Dangote Group to deepen its investments across […]

featured

Dangote unveils 20,000MW generation ambition

The chairman of Dangote Group, Aliko Dangote has said he plans to expand into 20,000 megawatts of power generation, while defending his more than $20 billion refinery project as evidence that large-scale industrial investments are achievable in Africa. Dangote made the comments during a podcast hosted by the Managing Director of the International Finance Corporation, […]

featured Life Style

Dangote denies rift with Elumelu over refinery financing claims

The Dangote Group has denied any rift with billionaire businessman Tony Elumelu, warning content creators, organisations, and digital platforms against the spread of misinformation and AI-generated advertisements using its brand and leadership. The warning was conveyed in a statement by Anthony Chiejina, Group Chief Branding and Communications Officer at Dangote Industries Limited, following a viral […]

Helth

Dangote urges govt, private sector partnership to eliminate malaria globally

Chairman of Nigeria’s National Malaria Elimination Council and United Nations Malaria Ambassador, Aliko Dangote, has urged governments and the private sector to urgently intensify coordinated efforts to eliminate malaria, describing the present period as critical in the global fight against one of the world’s deadliest diseases. Speaking to mark the 2026 World Malaria Day, Dangote […]

Business

Saudi envoy, Dangote explore partnerships in energy, infrastructure

Yousef bin Mohammed Al-Balawi, Saudi Arabia’s ambassador to Nigeria, has held talks with Aliko Dangote, chairman of the Dangote Group, on potential investments in the energy and infrastructure sectors. The meeting took place on Friday at the ambassador’s residence in Abuja’s diplomatic quarter and was aimed at strengthening economic ties between both countries, According to […]

Opinion

Foreign interests hindering Africa’s refineries, Dangote warns

Africa’s richest man and President of Dangote Group, Aliko Dangote, has said that entrenched foreign interests are undermining Africa’s industrial development and slowing the continent’s push toward economic self-sufficiency. Dangote made the remarks while speaking at the Investing in Africa Forum, held on the sidelines of the ongoing IMF/World Bank 2026 Spring Meetings in Washington […]

Oil and Gas

Dangote plans historic Pan-African IPO for oil refinery

President of Dangote Industries Limited, Aliko Dangote, is planning a landmark cross-border public offering of his $20bn oil refinery in a move that could reshape capital markets across Africa and deepen regional investor participation, a new report by Bloomberg revealed on Monday. The proposed listing, which will see shares of the Dangote Petroleum Refinery and […]

Dangote names Lekki refinery road after Wigwe
Opinion

UK deal signals growing investor confidence in Nigeria — Dangote

Africa’s richest man, Aliko Dangote, has hailed a major £746 million financing agreement secured during President Bola Tinubu’s recent state visit to the United Kingdom as a clear sign of rising international confidence in Nigeria’s economy. Speaking to journalists after a courtesy visit to President Tinubu at his Lagos residence on Monday, Dangote described the […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in