Dangote Refinery Targets $2bn in Historic Listing – Report
The planned public listing of Dangote Petroleum Refinery has triggered an unprecedented wave of investor interest across Nigeria and beyond, a Bloomberg report has stated.
According to the report published on Thursday, the proposed Initial Public Offering,...
The burden of Posterity: Why I pray for Aliko Dangote.
Once in a while, the universe gives us extraordinary human beings in different facets of life. They are not ordinary, and they do not fit in. They are outliers. They stand apart and do what...
The Dangote Petroleum Refinery has surpassed expectations, hitting 700,000 barrels per day (bpd) in output—well above its 650,000 bpd design capacity—and confirming its status as the world’s largest single-train refinery. Â
President of the Dangote Group, Aliko Dangote, has announced plans to expand the company’s investment in Ethiopia from $2.5bn to over $4bn, reinforcing its commitment to industrialisation and food security across Africa.
Aliko Dangote, President of the Dangote Group, says the company rejected attempts by the Nigerian National Petroleum Company Limited (NNPC) to increase its 7.25% stake in the Dangote Petroleum Refinery.
Dangote Targets London Listing to Fund Cement Expansion
Africa’s richest man, Aliko Dangote, is considering listing part of his cement business in London in what could become one of the biggest international market moves by a Nigerian industrial group in recent years.
The proposed listing is...