During a stakeholders’ visit to Dangote facilities, NGX Group Chairman Dr. Umaru Kwairanga lauded Aliko Dangote’s role in transforming Nigeria’s capital market. Dangote confirmed plans to list Dangote Fertiliser on the Nigerian Exchange, assuring investors of strong returns via a dollarised business model and projected multi-billion-dollar dividends.
Dangote Refinery Offers Free PMS and Diesel Delivery Nationwide to Large Buyers, Extends Credit
Dangote Petroleum Refinery is set to revolutionize Nigeria’s energy sector with a nationwide free delivery scheme for PMS and diesel starting August 15, 2025. Backed by 4,000 new CNG-powered tankers and a credit line for major buyers, the initiative aims to cut fuel logistics costs, boost supply, and support economic growth across key industries.
FG Appoints Afreximbank as Settlement Bank for Naira-Based Transactions on Crude Oil, Petroleum Sales
With the commencement of PMS production from the Dangote Group’s 650,000-barrel-per-day refinery, the Federal Government of Nigeria has appointed the African Export-Import Bank also known as Afreximbank as the Settlement Bank for naira-based transactions on crude oil and refined petroleum…