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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...

Dangote Refinery Slashes Diesel Price to N1,020/litre

Dangote Refinery Slashes Diesel Price to N1,020/litre Dangote Petroleum Refinery and Petrochemicals says it has reduced the cost of its diesel to N1,020 per litre, down from N1,075 per litre at the gantry price. In a statement on Tuesday, the company said the reduction was to...

Dangote Exports 130m litres of Jet Fuel to Saudi Arabia

Dangote Exports 130m litres of Jet Fuel to Saudi Arabia The Dangote refinery says it has sold two cargoes of aviation fuel, each averaging around 130 million litres to Saudi Aramco, the national oil company of Saudi Arabia. This comes in the wake of predictions by...

NNPCL Hikes Petrol Price to N990 in FCT, N960 in Lagos

NNPCL Hikes Petrol Price to N990 in FCT, N960 in Lagos Retail outlets owned by the Nigerian National Petroleum Company Limited have raised the pump price of Premium Motor Spirit, also known as petrol, from N965 to N990 per litre in the Federal Capital Territory. They...

Dangote Refinery: Oil Import Declines in European markets – OPEC

Dangote Refinery: Oil Import Declines in European markets – OPEC The Organisation of the Petroleum Exporting Countries says the Dangote Petroleum Refinery and its efforts to ramp up Premium Motor Spirit (petrol) production are impacting the PMS market in Europe. The 650,000-capacity Dangote refinery, which began...

How NNPCL Turned Down Dangote’s $750m Offer to Manage Nigeria Refineries – Obasanjo

How NNPCL Turned Down Dangote's $750m Offer to Manage Nigeria Refineries - Obasanjo Former President Olusegun Obasanjo has disclosed details of how the Nigerian National Petroleum Corporation (NNPC) rejected a $750m offer by billionaire business tycoon Aliko Dangote to manage the Port Harcourt & Kaduna...