Forbes: Aliko Dangote’s wealth surges by almost 100% to $23.9bn, now 86th richest in the world
Aliko Dangote’s wealth has almost doubled, reaching $23.9 billion, according to Forbes. This makes him the richest man in Africa and places him 86th in the world. Last year, Forbes ranked him 144th with a fortune of $13.4 billion. His sharp rise comes mainly from his 92.3% stake in Dangote Petroleum Refinery & Petrochemicals. At […]
Dangote In Aso Rock Villa To Meet Tinubu
Africa’s richest man, Aliko Dangote, visited President Bola Tinubu at Aso Rock Villa on Tuesday evening. His visit was short—he arrived around 7:00 pm and left just 30 minutes later without talking to journalists. This is the first time the two men are meeting in person at the Villa since Tinubu visited the Dangote Refinery […]
Elon Musk vs President Trump – “No business man in Africa would try what Elon is doing because there’s no freedom after speech in Africa.” Isaac Fayose (video)
Isaac Fayose recently shared his opinion about the state of free speech in Africa, saying it is very limited. According to him, people in Africa can’t speak freely without facing serious consequences. He made this comment while reacting to the ongoing dispute between Elon Musk and former U.S. President Donald Trump. Their disagreement has caught […]
Nigeria to earn $7m daily revenue from fertiliser export – Dangote
Aliko Dangote, the President of Dangote Group, has shared exciting news about the company’s future export plans. According to him, in the next two years, the company’s massive refinery will begin exporting about 16,000 tonnes of fertiliser each day. He made this announcement during a visit to the Managing Director of the Nigerian Ports Authority […]
Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company
Aliko Dangote, the founder of Dangote Group, has shared an interesting fact about how much the government earns from his company. According to him, for every N1 that Dangote Cement earns, the federal government of Nigeria takes 52 kobo. That’s more than half of the total amount! He made this statement during the Taraba International […]
BREAKING: Dangote Refinery slashes ex-depot petrol price to ₦865 per litre
In some good news for Nigerians, Dangote Petroleum Refinery has cut the price of petrol at the depot level from ₦880 to ₦865 per litre. This means petrol marketers will now buy the product at a lower price before selling it to consumers. An official from the refinery shared the news on Thursday, saying that […]
Dangote behind campaign against NNPC —Report alleges
The ongoing rivalry between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery has taken another turn, with reports alleging that Africa’s richest man, Aliko Dangote, is behind a campaign against NNPCL. A report by Nigeria Voice claims that Dangote’s media team sponsored a negative article targeting NNPCL and its Group Chief Executive Officer, […]
BREAKING: Dangote Slashes Petrol Price To N899 Per Litre
In a move aimed at offering relief to Nigerians ahead of the holiday season, Dangote Petroleum Refinery has reduced the price of petrol (Premium Motor Spirit, PMS) to N899.50 per litre. This change, announced early Thursday morning, is set to provide some much-needed comfort to consumers during this busy time of year. The company said […]
Dangote Regrets Not Buying Arsenal: A Missed Opportunity in Football
Aliko Dangote, one of Africa’s richest men and the Chairman of Dangote Group, has expressed regret about not seizing the opportunity to buy Arsenal Football Club when he had the chance. In a candid interview with Bloomberg’s Francine Lacqua in New York, Dangote discussed his past aspirations to purchase the Premier League club for $2 […]
Breaking News: Dangote Refinery Begins Petrol Production; Availability in 48 Hours Pending NNPCL Approval (Video)
Aliko Dangote, the President of Dangote Group, has shared that petrol from his new Lagos-based refinery could be on the market within 48 hours, depending on the Nigerian National Petroleum Company Limited (NNPCL). In an interview with Channels Television, Dangote explained that his $20 billion refinery, which has a daily capacity of 650,000 barrels, is […]