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Dangote to List Fertiliser Subsidiary, Eyes Over $3bn Dividend

Dangote to List Fertiliser Subsidiary, Eyes Over $3bn Dividend   The President/ Chief Executive of the Dangote Group, Aliko Dangote, yesterday stated that the Group will soon list the Dangote Fertiliser Limited on the Nigerian Exchange (NGX), with the aim of revolutionising the capital market. He spoke...

Dangote Blames Crude Shortage as US Imports Rise

Dangote Blames Crude Shortage as US Imports Rise   The President of the Dangote Group, Aliko Dangote, says his 650,000-barrel capacity refinery is “increasingly” relying on the United States for crude oil. This came as findings showed that the Dangote Petroleum Refinery is projected to import a...

NNPCL Plays Crucial Role in Our Business – Dangote

NNPCL Plays Crucial Role in Our Business - Dangote   The President of the Dangote Group, Alhaji Aliko Dangote, has said that the Dangote Petroleum Refinery is not competing with the Nigerian National Petroleum Company Limited, stressing that NNPCL “is part and parcel of our...

Dangote, NNPC Partner for National Development

Dangote, NNPC Partner for National Development   The President/Chief Executive Officer of the Dangote Group, Aliko Dangote, on Thursday paid a courtesy visit to the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, in Abuja. The high-level meeting, held at the...

Dangote Invests $700m in Nigeria’s Sugar Industry

Dangote Invests $700m in Nigeria's Sugar Industry   Aliko Dangote, President of Dangote Group, has reiterated the company's pledge to halt raw sugar imports in Nigeria, backing this commitment with a massive investment of over $700 million in the country's sugar production sector. Dangote, who spoke on Wednesday during the...

‘We Invested Over $25bn in Oil, Cement, Sugar in Seven Years’

'We Invested Over $25bn in Oil, Cement, Sugar in Seven Years'   Africa’s richest man, Aliko Dangote, has disclosed that his business conglomerates have invested over $25 billion in sectors such as oil and gas, cement and sugar in the last seven years in Nigeria. Dangote made...