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NCDMB, Dangote urge industry to push compliance towards enduring Nigerian Content
Stakeholders call for technology transfer, affordable financing, stronger local supply chains and coordinated regulation to deepen indigenous participation and retain more value in Nigeria’s oil and gas industry. The Nigerian Content Development and Monitoring Board (NCDMB) and Dangote Group have…
Dangote plans new growth target beyond $100bn Vision 2030
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has declared that the conglomerate is reconsidering its $100 billion Vision 2030 target, with plans to unveil a more ambitious growth strategy in January as its expanding industrial investments reshape…
Dangote, African leaders break ground on $16bn Kenya refinery
Africa’s push for industrial self-reliance received a major boost on Wednesday as Kenyan President William Ruto and President/Chief Executive of Dangote Industries Limited, Aliko Dangote, joined other African leaders to break ground on a $16 billion petroleum refinery and petrochemicals…
Monopoly war: Dangote declares supply ban on major marketers
After losing its war against government’s policy on deregulation and liberalization of the domestic petroleum industry, Dangote Refinery is working to cut off its key competitors from supply of its fuel products. The move which would likely exacerbate fuel imports…
Dangote Refinery: Middlemen driving up local crude prices, undermining DCSO
The Dangote Petroleum Refinery and Petrochemicals has alleged that the involvement of middlemen in the domestic crude oil market is driving up the cost of Nigerian crude and undermining the objectives of the Federal Government’s Domestic Crude Supply Obligation (DCSO)…
Dangote unveils plan for Nigeria’s largest industrial zone in Ondo
President of the Dangote Group, Aliko Dangote, has unveiled plans to develop what is expected to become Nigeria’s largest industrial and free trade zone in Olokola, Ondo State, in a move aimed at accelerating industrialisation, boosting manufacturing and creating thousands…
Dangote retains Africa’s Most Admired Indigenous Brand award
Ziggy Ojiegbe Dangote Industries Limited has reinforced its status as one of Africa’s most influential corporate brands after emerging as Africa’s Most Admired African Brand for the eighth consecutive year. The recognition was announced at the 16th edition of the…
Dangote’s East Africa Refinery, 20,000MW power plans signal continental expansion
Ziggy Ojiegbe Plans by Nigerian industrialist Aliko Dangote to replicate his $20 billion Lagos refinery complex in East Africa emerged as one of the defining announcements at the just concluded Africa Forward Summit hosted by the governments of Kenya and…
Dangote, Norges Bank in talks over strategic investments across Africa
Frank Okon Dangote Group says it is in discussions with Norges Bank Investment Management over a potential strategic partnership aimed at expanding investments across critical sectors and regions in Africa. The move, according to a statement from the company, could…
Former Dangote employee to regulate midstream, downstream petroleum operations
Ziggy Ojiegbe President Bola Ahmed Tinubu on Wednesday sacked the newly appointed Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Saidu Mohammed; replacing him with a former employee of Dangote Group, Mr Rabiu Abdullahi Umar….
