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…
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…
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…