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ALIKO DANGOTE
News and analysis about Aliko Dangote
The Federal Government is set to supply 12 million barrels of crude oil to Dangote Refinery in October.
Africa’s wealthiest business mogul, Aliko Dangote, has explained why he no longer intends to purchase the English football club, Arsenal, which is valued at approximately $4 billion.
Aliko Dangote, the Nigerian industrial magnate and chairman of the Dangote Group, has regained his title as Africa’s richest man, overtaking South African billionaire Johan Rupert.
In the midst of running around looking for fuel in a harried Lagos metropolis, I couldn’t focus on Mr. Otedola's letter to his bosom friend, Aliko Dangote.
Billionaire businessman Femi Otedola has lauded, Nigeria’s richest man Aliko Dangote for his role in advancing Nigeria’s economic independence through the successful commencement of operations at the Dangote Refinery.
The Chief Executive Officer of Dangote Refinery, Aliko Dangote, has announced that with the refinery’s commencement of gasoline production, Nigeria is now equipped to accurately track its daily petrol consumption.
An anti-corruption group, the Centre for Accountability and Transparency (CAAT), has advised Matrix Energy Limited to backtrack from its alleged attempt to gag the media following reports of alleged substandard petrol importation into Nigeria by the oil firm.
Johan Rupert, the South African billionaire and chairman of Richemont, the luxury goods conglomerate, has reclaimed his title as Africa's richest man.
An Indigenous oil company, Matrix Energy Limited, has asked a Federal Capital Territory High Court to restrain two media houses and others from further publishing alleged libellous stories about its oil shipping business.
Dangote Petroleum Refinery is currently conducting test runs for petrol production, with expectations for full operations to begin by mid-September, according to a report by Reuters.
The Dangote Refinery, with a capacity of 650,000 barrels per day, is shifting its focus away from importing crude oil from the United States, as it expects to receive a greater supply from Nigeria, according to a report by Bloomberg.
Aliko Dangote, the business magnate behind the $20 billion refinery in Nigeria's business capital, has seen his wealth decrease by more than $1 billion this year.