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Seplat Energy appoints Tony Elumelu as non-executive director

  • 22nd January 2026

Dangote, Indorama projects to position Nigeria as fertiliser

  • 22nd January 2026

US ambassador Richard Mills exits Nigeria amid global

  • 21st January 2026

FG unveils impact challenge to boost 3MTT outcomes

  • 20th January 2026

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Seplat Energy appoints Tony Elumelu as non-executive director

Business

GTCO raises N10bn via fully subscribed private placement

Banking
EFCC faults fintech over fraud among unbanked and middle class

EFCC links banks, fintechs to N162bn crypto fraud

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Dangote, Indorama projects to position Nigeria as fertiliser export

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Tag: Dangote

Business

Dangote, Mitsui Chemicals to launch joint petrochemical project

Dangote Industries has signed a memorandum of understanding with Japan’s Mitsui Chemicals to establish a joint petrochemical venture in Nigeria. According to a statement from Mitsui Chemicals, the project will source feedstock from Dangote’s 650,000-barrel-per-day refinery in Lagos. S&P Global noted that Mitsui Chemicals will provide technology for resin and fertiliser production, enabling Dangote to […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
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Dangote to step down as Dangote Sugar chair after 20 years

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16, ending a 20-year tenure at the top of one of Nigeria’s largest sugar producers. The announcement was made in a statement by the company’s secretary, Temitope Hassan, who described the move as part of a […]

featured News

Naira-for-crude policy still in effect, FG tells Dangote, others

The Federal Government has emphasized that its naira-for-crude initiative with local refineries is not a temporary solution but a strategic policy aimed at promoting sustainable domestic refining. The Nigerian government has confirmed that the naira-for-crude initiative remains in effect, overriding the decision made by the NNPC under former CEO Mele Kyari to terminate it. During […]

Oil and Gas

Dangote, P’Harcourt refineries, others to consume 123m barrels H1 – Report

The Dangote refinery, along with the revamped Port Harcourt and Warri refineries, and six other refining facilities across Nigeria, are expected to consume about 37% of the country’s total projected crude oil production in the first half of 2025. According to data from the Nigerian Upstream Petroleum Regulatory Commission, 123.48 million barrels will be allocated […]

Dangote Refinery loses N32.5bn after petrol price cut
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Dangote, Ardova seal bulk purchase agreement

Ardova Plc, a leading player in Nigeria’s downstream oil and gas sector, has signed a bulk purchase framework agreement with Dangote Refinery. The partnership aims to ensure a reliable supply of petroleum products at competitive prices, enhancing value for its customers. In a statement on Monday, Ardova Plc announced that the agreement formalizes its longstanding […]

NNPCL sets fuel price above N1000 per litre
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JUST IN: NNPCL sets fuel price above N1000 per litre

The Nigerian National Petroleum Company Limited has announced the estimated pump price of Premium Motor Spirit (PMS) above N1,000 after its initial purchase of the Dangote refinery product. NNPCL’s spokesperson, Olufemi Soneye, Chief Corporate Communications Officer,  in a statement early on Monday, said that the new pump price is based on Dangote’s September 2024 PMS […]

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Top 10 employers in Nigeria
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Top 10 employers in Nigeria

The Nigerian job market is marked by a complex blend of opportunities and hurdles, continually shifting due to the efforts of key players across various sectors. Recent data from the National Bureau of Statistics highlights a challenging period for employment, with the unemployment rate rising to 5.0% in Q3 2023, up from 4.2% in Q2 […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
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NNCPL no longer owns 20% of Dangote refinery – Dangote

The Chief Executive Officer of Dangote Refinery, Aliko Dangote, revealed in a recent media briefing at the refinery that the Nigerian National Petroleum Corporation Limited’s stake in Dangote Refinery has reduced from 20% to 7.2%. This reduction, Dangote explained, was due to NNPC’s failure to complete the payment for their agreed-upon 20% stake by the […]

Dangote Refinery loses N32.5bn after petrol price cut
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Dangote refinery to source crude oil from African nations

Chairman of Dangote Refinery, Aliko Dangote, announced plans to procure crude oil from several African nations following recent imports from the United States and Brazil. During a facility tour in Lagos on Saturday, Dangote disclosed that the refinery anticipates receiving feedstock from the US and Brazil in the upcoming months. “We are in discussions to […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
News

Beneficiaries of fuel importation hinder refinery construction – Dangote

Africa’s richest man and owner of the $20 billion Dangote Refinery, Aliko Dangote, has stated that those profiting from fuel importation are obstructing African governments from building refineries across the continent. Dangote made this assertion during an interview with CNN’s Eleni Giokos at his refinery in Lagos, Nigeria. He pointed out that no new refineries […]

Wike, Dangote, Otedola build staff housing for law schools
Investment

Wike, Dangote, Otedola build staff housing for law schools

The Director General, Prof. Isa Hayatu Chiroma, has congratulated Femi Otedola, Aliko Dangote, and Nyesom Wike for their commitment to significantly enhance the Nigerian Law School’s infrastructure. The Times reported that, their efforts signal a turning point in the institution’s history and hold the promise of improving the quality of education available to next generations […]

Dangote refinery receives one million crude barrels
News

Dangote to set up trading arm for Lagos refinery

Melvin Onwubuke   Aliko Dangote, Africa’s wealthiest man, plans to set up an oil trading company in London which he will use for supply of petroleum and products from his new refinery in Nigeria. This will reduce the role of world’s largest trading companies, who have been negotiating for months to finance a refinery and […]

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