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Seplat Energy appoints Tony Elumelu as non-executive director

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Dangote, Indorama projects to position Nigeria as fertiliser export

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Tag: Dangote

VIDEO: Teary Dangote pays tribute to Wigwe
News

VIDEO: Teary Dangote pays tribute to Wigwe

A visibly emotional Aliko Dangote found it difficult to restrain his tears as the funeral proceedings for the late Group Chief Executive Officer of Access Holdings, Herbert Wigwe, commenced in Lagos State on Monday. Cloaked in somber black attire, the Chairman of the Dangote Group was overcome with emotion as he offered heartfelt tributes to […]

Dangote, PH refineries risk oil shortage due to poor production - FG
Oil and Gas

Dangote, PH refineries risk oil shortage due to poor production – FG

The country’s recently opened Dangote Petrochemical Refinery, Port Harcourt Refinery, Warri Refinery, and modular refineries may not have access to enough crude oil locally to produce petroleum products, according to State Petroleum Resources (Oil) Minister, Heineken Lokpobiri. According to The PUNCH, he said this is only avoidable if concerted efforts are made to increase investments […]

FG, cement producers agree N7000, N8000 cement price
News

Cement price skyrockets to N15,000 in Abuja

The price of a 50 kg bag of cement in the Federal Capital Territory has increased to between N10,000 and N15,000. According to DAILY POST, a survey carried out in Gwarimpa, Area 10, Kubwa, Lugbe, and Dawaki on Friday showed that the price of a 50 kg bag of Dangote cement is N10,000, while the […]

Dangote names Lekki refinery road after Wigwe
Business featured

Dangote refinery fuel delayed by govt – Report

Dangote Petrochemical Refinery’s plan to release aviation fuel and diesel for sale in the Nigerian market in January appears to have been delayed by unfinished business with regulatory authorities. According to The PUNCH, the largest refinery in Africa is still struggling to get through the several levels of regulatory permissions, one week after the management […]

Dangote refinery urges NUPENG, PTD to resolve conflict
Oil and Gas

Dangote refinery urges NUPENG, PTD to resolve conflict

Dangote Refinery and Petrochemical Limited’s management has made a request for the leaders of the feuding National Union of Petroleum and Natural Gas and the Petroleum Tanker Drivers to resolve their differences. The PUNCH reported that the multibillion-dollar Dangote Refinery asked the two unions to “urgently work together to put their house in order and ensure a […]

Dangote fuel will be sold in naira not dollars - IPMAN
Oil and Gas

Dangote fuel will be sold in naira not dollars – IPMAN

Juliet Buna Oil marketers clarified on Monday that the refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters. According to The PUNCH, the National Public Relations Officer, IPMAN, Chief Ukadike Chinedu, admitted that it was true that […]

Dangote cement hits historic N10trn market capitalization
Business

Dangote cement hits historic N10trn market capitalization

Dangote Cement’s market capitalization surpassed N10 trillion at the conclusion of trade on Monday, making it the first business to reach that milestone on the Nigerian Exchange. According to The PUNCH, it closed trading with a market capitalization of N10.098tn. In eight months of Tinubu’s administration, Nigeria’s stock market has led the world. Dangote Cement […]

Dangote fuel will be sold in naira not dollars - IPMAN
featured Oil and Gas

Dangote refineries to supply 150,000 IPMAN fuel stations

The Dangote Petroleum Refinery will deliver fuel to around 150,000 retail outlets managed by the Independent Petroleum Marketers Association of Nigeria, following a meeting between refinery management and IPMAN executives. The PUNCH reported that last week Monday, IPMAN booked a meeting with Dangote refinery management to discuss the supply of products to independent marketers. The IPMAN President, Abubakar […]

Eterna Plc to become official distributor of Dangote refinery  products
Business

Eterna Plc to become official distributor of Dangote refinery  products

Eterna Plc has signed an agreement with Dangote Petrochemical Refinery to become an official sales distributor for their products in Nigeria. According to a corporate report signed by Eterna Plc’s Company Secretary,  Mandella Golkus, the company has increased its trucking capacity through vehicle acquisition and a collaboration with a third-party transportation company. “Eterna Plc; a leading integrated […]

Dangote Plc becomes most valuable company in Nigeria
Business

Dangote Plc becomes most valuable company in Nigeria

Dangote Cement Plc on Wednesday, surpassed Airtel Africa Plc to become the most valuable company on the Nigerian Exchange Limited, with a 9.98 percent increase in share price. In little than a week, the richest man in Africa rose from third place to the top with his main firm. On November 1, 2023, Airtel Africa […]

Dangote Sugar exceeds N1tn market cap level 
Business

Dangote Sugar exceeds N1tn market cap level 

Dangote Sugar has become the second Aliko Dangote-owned company to reach the N1 trillion market valuation milestone. As of 1.30 p.m. on January 17, 2024, the company’s share price had increased by 1.23% to N82.40, bringing its market value above N1 trillion and placing it in the SWOOT category. Dangote Sugar is now the sixth business […]

Dangote refinery investors gain N1.2tn in two days
Investment

Dangote refinery investors gain N1.2tn in two days

Equity investors in the stocks of companies under the Dangote Group have gained over N1.2 trillion in the first two trading days of this week. This indicated a noticeable surge in interest in the equities of the companies listed on the Nigerian Exchange Limited after the Dangote Petrochemical Refinery started producing. Economic Confidential stated that Dangote […]

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