Aliko Dangote
40 mins ago
Aliko Dangote has commended President Bola Tinubu for the positive impact of the naira-for-crude swap deal on the Nigerian economy. To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its refinery loading gantry and provided generous credit terms to marketers. Dangote commended President Tinubu…
12 Dec
Dangote Refinery, in collaboration with Neptune Oil, has announced the first-ever export of Premium Motor Spirit (PMS) from Dangote Refinery to Cameroon.
12 Dec
The Aliko Dangote-led Presidential Committee on Flood Relief and Rehabilitation (PCFRR) has delivered relief materials worth N1 billion to the Borno government for onward distribution to persons affected by this year’s disaster in the state.
10 Dec
Nigeria's long road to economic recovery suffered a massive setback after the country's total imports from Malta rose to N766.81 billion in the third quarter of 2024. The latest analysis of the foreign trade statistics reports released by the National Bureau of Statistics (NBS) in the third quarter of 2024 revealed that imports from Malta…
21 Nov
There is a growing phalanx of pseudo-intellectuals parading the social media space with faux and fictitious knowledge of the indigenous oil and gas industry, and it is scary because of the grave danger they portend and present for the average Nigerian.
30 Oct
The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, has raised concerns over Aliko Dangote's assertion that his 650,000 barrels per day refinery has 500 million litres of premium motor spirit (PMS) in stock for distribution to Nigerians. Maigandi expressed scepticism during an appearance on ChannelsTV's Sunrise Daily, stating that…
30 Oct
Nigerian oil marketers have voiced surprise at Aliko Dangote’s recent disclosure that the Dangote Refinery holds around 500 million litres of petrol ready for distribution. During a meeting convened by President Bola Tinubu on Tuesday to discuss domestic crude oil and refined product sales, Dangote expressed his readiness to supply a minimum of 30 million…
29 Oct
President of Dangote Group, Aliko Dangote, has advised petroleum marketers to stop the importation of petrol as his subsidiary, Dangote Refinery, has produced enough stock to meet local consumption. According to him, Dangote Refinery presently has over 500 million litres of petrol stocked in its tanks awaiting evacuation by buyers. He said the stock, given…
28 Oct
In support of President Bola Tinubu’s CNG Initiative geared at providing cheaper and cleaner fuelling alternatives for Nigerians, Dangote Cement Plc has invested over $280 million in compressed natural gas (CNG) technology and infrastructure.
23 Oct
Africa’s richest man, Aliko Dangote, was honored with the prestigious Entrepreneur of the Year (Man) award at the second edition of the Sabistation Business Owners Awards (SBOAwards), also known as The Sabies. The ceremony, held at Upscale Quarters in Lekki, Lagos, recognized 110 outstanding entrepreneurs, innovators, and business leaders across various sectors in Nigeria. Aliko…
21 Oct
Manufacturers last week, lamented that they cannot survive the extortionate electricity cost charged by private owners in collusion with government. Speaking on behalf of the Manufacturers Association of Nigeria
18 Oct
Nigerian business mogul, Aliko Dangote, remains the richest man in Africa. Dangote is also ranked the 65th richest man in the world.