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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….
Dangote warns rising oil prices may ground Nigerian airlines
Demands subsidies for farmers Ziggy Ojiegbe, with agency reports Chairman of the Dangote Group, Aliko Dangote, has called on the Nigerian government to introduce targeted subsidies for farmers, warning that surging global oil prices could cripple both agriculture and aviation…
Dangote courts global lenders to boost infrastructure investment
Sopuruchi Onwuka President and Chief Executive of the Dangote Group, Aliko Dangote, has stepped up engagement with global financial institutions, seeking to attract investment into Nigeria’s infrastructure and industrial sectors. Speaking at the launch of the World Bank’s “Water Forward”…
UN exploring scalable solutions Africa’s food, energy security challenges
NNPC supporting refineries meet Africa’s fuel demand Sopuruchi Onwuka The Deputy Secretary-General of the United Nations, Amina Mohammed, has declared intention of the global body to prioritize scalable solutions for mitigating Africa’s food crisis. Ms Mohammed who led a delegation…
Dangote flaunts fuel supply capacity, but price creates real gaps
Disproves government’s supply figures Sopuruchi Onwuka Private refinery behemoth, Dangote Industries Limited, has declared that it has optimized its plant processing operations, increasing fuel production capacity beyond perceived national peak daily demand. The company also stated that it now has…
Dangote Refinery declares cooperation with NMDPRA, raises output to 120m litres daily
Sopuruchi Onwuka Dangote Petroleum Refinery has declared its willingness to cooperate fully with the new management of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) following the removal of its former chief executive, Engr Farouk Ahmed. The company also…
Dangote takes fight with Farouk offstage, petitions EFCC
Sopuruchi Onwuka The dispute between Africa’s richest man, Alhaji Aliko Dangote, and the former Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has escalated beyond a regulatory clash into a full-blown personal confrontation….
Dangote’s N1trn Fund to educate 1.3m Nigerian Students
Sopuruchi Onwuka Chairman of the Dangote Group, Alhaji Aliko Dangote, on Thursday launched a N1 trillion education fund expected to support about 1.3 million Nigerian students over the next decade, making it the largest private education intervention in the country’s…
Dangote deploys SAIPEM, others in fertilizer plant expansion
Dangote Group is announcing a set of new technical partnerships that support the next phase of its fertilizer expansion in Nigeria and the development of new plants in Ethiopia. These agreements move the Group closer to its long term goal…
