Dangote Petroleum Refinery and Petrochemicals has announced that its ongoing initial public offering (IPO) has attracted investors from 51 of Africa’s 54 countries, with subscriptions received from more than 90
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The Federal Government has launched the reconstruction and dualisation of the Lambata-Bida-Mokwa-Makera-Kontagora highway in Niger State, with the project valued at ₦1.5 trillion. The groundbreaking ceremony was held in Bida,
Africa’s richest man, Aliko Dangote, has announced plans for a $16 billion refinery in Kenya with a proposed processing capacity of 700,000 barrels of crude oil per day. The refinery,
Nigerian billionaire businessman Aliko Dangote has projected that most African countries will become self-sufficient in refined fuel by 2030 as he prepares to launch a $16 billion oil refinery project
A Kenyan court has directed that activities linked to the proposed Dangote Refinery in Lamu County be kept on hold pending further hearing of a legal dispute involving local residents
Indigenous shipowners have called on major cargo owners, including the Dangote Group, to support local fleet development by offering long-term Contracts of Affreightment (CoAs) for petroleum products, cement, fertiliser and
Africa’s richest man, Aliko Dangote, says his company is targeting 10 million shareholders through the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals. Dangote disclosed this in
The Dangote Refinery’s share offer is drawing attention beyond Nigeria, with the Nairobi Securities Exchange exploring ways to bring Kenyan investors into the landmark deal. The public offer, which opened
Aliko Dangote, President of Dangote Group, has explained why Nigerians are still paying relatively high prices for petrol despite the commencement of large-scale domestic refining, saying local production does not
Aliko Dangote, Chairman of Dangote Group, has dismissed the traditional expectation of having a male heir to inherit his business empire, saying his three daughters are fully capable of taking