Dangote

Nigerian billionaire and President of Dangote Group, Aliko Dangote, has blamed local petroleum marketers and international oil companies (IOCs) for protests surrounding his proposed $16 billion refinery in Lamu, Kenya.

The Nigeria Inter-Bank Settlement System (NIBSS) is fundamentally transforming the country’s payment infrastructure to facilitate widespread participation in initial public offerings and privatization transactions.

Dangote Industries is set to take another step into East Africa, with plans for a 1,000-megawatt liquefied natural gas power plant in Kenya that could be supplied with gas from neighbouring Tanzania.

Dangote Industries is investing over $800 million to expand the Itori cement plant in Ogun State, doubling production capacity from six million to 12 million tonnes annually. The expansion is expected to strengthen local cement supply, increase exports,...

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...

May 18, (THEWILL) — Africa’s richest man, Aliko Dangote, has increased the planned investment in his proposed fertiliser plant in Ethiopia to more than $4 billion, nearly doubling the original project estimate and reinforcing his push to expand industrial...

December 15, (THEWILL) — Africa’s richest man and Chairman of Dangote Industries Limited (DIL), Aliko Dangote, on Sunday, levelled grave allegations of corruption and economic sabotage against the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory...

October 29, (THEWILL) — The Federal High Court in Lagos has adjourned the hearing in the N100 billion lawsuit filed by Dangote Petroleum Refinery against the Nigerian National Petroleum Company Limited (NNPCL) and several major oil marketers to November...

July 01, (THEWILL) — The Dangote petroleum refinery has reduced its ex-depot (gantry) price of petrol to N840 per litre. This is coming just a week after the refinery jacked up the ex-depot price per litre of petrol...

June 21, (THEWILL) – The Dangote Refinery has raised its ex-depot petrol price from N825 per litre to N880. The new rate, which took effect on Friday, marks an increase of N55 per litre. Abubakar Shettima, the National President of...