Africa’s richest businessman, Aliko Dangote, has appointed his daughters — Halima, Fatima, and Mariya Dangote — to senior executive roles within the Dangote Group, in a strategic leadership transition aimed at strengthening governance and supporting the Group’s ambition to become…
Dangote Group Signs $400 Million Equipment Deal to Fast-Track 1.4 Million Barrels-Per-Day Capacity Expansion in Nigeria
To become biggest refinery in the world Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion…
Dangote Group, NNPC Subsidiaries Deepen Gas Partnerships to Power Industrial Expansion
Dangote Industries Limited and subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd) have deepened strategic gas supply partnerships aimed at securing long-term energy needs for some of Nigeria’s largest industrial assets and accelerating gas-led economic growth. Under newly…
Dangote, Pride of Nigeria’s Financial Market—NGX Group Chairman
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…