Aliko Dangote
Dangote meets marketers Tuesday over new petrol price
The Independent Petroleum Marketers Association of Nigeria is poised for talks with Dangote Petroleum Refinery between Tuesday and Wednesday to finalise agreements on the cost and lifting of petrol from the plant. It was learnt on Sunday that the Petroleum Retail Outlet Owners Association of Nigeria had been asked by the $20bn Lekki-based refinery to […]
Flood: Dangote donates N1.5bn to Borno victims, Shettima visits Niger
The President of the Aliko Dangote Group, Aliko Dangote, has donated N1.5bn to victims of Maiduguri flood disaster. He made it known during a visit to assess the impact on the affected areas in the state. Dangote stated that the N1bn was allocated to the National Emergency Management Agency to collaborate with the Borno State […]
South Africa’s billionaire, Johann Rupert, overtakes Dangote as Africa’s richest man
South Africa’s Johann Rupert has displaced the President of the Dangote Group, Aliko Dangote, to become the richest man in Africa. Dangote, who had maintained the top position for several years, saw his wealth drop by $1.7 billion year-to-date in the latest Bloomberg Billionaires Index, on Wednesday as Rupert’s wealth increased by $1.87bn year-to-date. The […]
Dangote Faults CBN’s 26% Interest Rate
Chairman and Chief Executive of the Dangote Group, Aliko Dangote, has criticised the latest increment of interest rate to almost 30 per cent by the Central Bank of Nigeria (CBN). While addressing the audience during the opening session of a three-day summit Organised by the Manufacturers Association of Nigeria (MAN) at the Banquet Hall of […]
Crude price hike: Dangote alleges IOCs frustrating refinery
Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin, has accused International Oil Companies in Nigeria of plans to frustrate the survival of the new Dangote Oil Refinery and Petrochemicals. Edwin said the IOCs were “deliberately and willfully frustrating” the refinery’s efforts to buy local crude by hiking the cost above the […]
Johann Rupert becomes Africa’s richest person, displaces Dangote
Johann Rupert, a South African business mogul, has clinched the coveted spot of Africa’s wealthiest person, displacing Aliko Dangote, Nigeria’s business tycoon. This was disclosed by Forbes Real-Time Billionaires, a ranking platform which tracks daily changes to the net worth of the most high-net-worth individuals across the globe. According to the real-time data, Dangote, the […]