Aliko Dangote

Dangote Refinery’s N2.15tn IPO Launches Live on NGX – Offer Shares at N525

Africa’s biggest refinery opens its doors to public investors with a N2.15 trillion share offer, as Aliko Dangote signals plans to take more group companies public.

Dangote Says Economic Reforms Are Driving Nigeria’s Recovery

Dangote said the ongoing fiscal, monetary and regulatory reforms had contributed to improved macroeconomic stability, stronger investor confidence, increased industrial productivity and a more resilient business environment.

Dangote Sets Aside One-Third Of $35.1bn Fortune For Humanity On Landmark Philanthropic Succession Plan

Africa's richest man, Aliko Dangote, earmarks one-third of his estimated $35.1 billion fortune for charity under a landmark succession plan Daughter, Halima Dangote, says the billionaire secured his family's consent to dedicate about $11.7 billion of his estate...

Dangote Retreats From Dollar Pricing, Resumes Petrol Sales in Naira

Dangote Refinery reverses course, ending its controversial dollar-denominated petrol sales and restoring naira transactions with a new gantry price of N1,215 per litre. Policy U-turn comes amid rising global oil prices, with Brent crude climbing to $95 per...

FG Meets Dangote Refinery, FCCPC, PETROAN, Others Over Fair PMS Pricing

July 6 (THEWILL) — The Federal Government on Monday convened a meeting with Dangote Refinery, the Federal Competition and Consumer Protection Commission (FCCPC), the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), and other key players in the...

Dangote Refinery Eyes Global Jet Fuel Leadership With 700,000bpd Expansion Plan

June 3 (THEWILL) — Dangote Refinery is positioning itself as a major player in the global aviation fuel market, unveiling plans to add 700,000 barrels per day (bpd) of refining capacity by 2028 as it seeks to capitalise on...

NMDPRA Boss Disowns Fake Statement On Dangote’s Allegations, Awaits ICPC Probe

December 17, (THEWILL) — The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has disowned a ‘fake’ statement circulating in the media and on social platforms as his purported response...

Civil Society Groups Accuse Dangote Of Undermining Regulatory Independence, Dismiss Corruption Allegations Against NMDPRA Boss

December 15, (THEWILL) — Over 50 Civil Society Organisations (CSOs) have accused the Chairman of Dangote Industries Limited, Aliko Dangote, of attempts to undermine regulatory independence in Nigeria’s petroleum sector, as they dismissed allegations of corruption against the...

Lagosians Hail Dangote Over Impact Of National Food Relief Programme

March 29, (THEWILL) – Aliko Dangote, the Chairman of the Aliko Dangote Foundation and Africa’s richest person, has earned widespread commendation over the transformative socio-economic effects of his national food relief programme. The Foundation is currently distributing 80,000 10kg bags...

Ogun Set To Become Africa’s Largest Cement-Producing Region – Dangote

March 18, (THEWILL) – President of the Dangote Group, Alhaji Aliko Dangote, has revealed that with an annual production capacity of 18 million metric tonnes from its two cement plants in Itori and Ibese, Ogun State is poised to...
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We Fought For Your Freedom — Obasanjo Accuses South Africa Of Betraying Africa

Former President Olusegun Obasanjo has accused South Africa of betraying the spirit of African solidarity for which Nigeria fought during the country’s struggle against apartheid.
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