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Aliko Dangote

Sharia Council raises alarm over rising insecurity, urges FG to act

The Supreme Council for Shariah in Nigeria has raised alarm over worsening insecurity, urging the Federal Government to take urgent, decisive steps against killings, kidnappings and banditry.

Nigeria’s economic reforms working but poverty increasing, says IMF

The IMF says reforms have strengthened Nigeria's economy and built resilience, but warns more than 60 percent of Nigerians now live in poverty amid rising food insecurity.

Dangote lifts Ethiopia investment to $4billion, pledges African food security

Aliko Dangote raised his Ethiopia investment from $2.5 billion to over $4 billion, pledging that fertilizer plants will deliver food security across Africa.

Dangote details mafia fight against $20bn Lekki refinery

Aliko Dangote said a fuel-import 'mafia' tried to block his $20bn Lekki refinery as land, currency and infrastructure costs piled up.

Dangote rejects NNPC’s bid to lift refinery stake, plans public listing

Aliko Dangote rejected NNPC's bid to lift its 7.25 percent refinery stake, saying his $20 billion Lekki plant plans a public listing for ordinary Nigerians.

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.

Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.

Dangote pledges 95,000 jobs as refinery scales to 1.4m bpd

Aliko Dangote has pledged 95,000 skilled jobs as his Lagos refinery scales from 650,000 to 1.4 million barrels per day, set to overtake India's Jamnagar.

Dangote crosses $30 billion on Forbes list for first time

Forbes has valued Aliko Dangote at $30.3 billion for the first time as his now operational Lagos refinery closes the gap with Bloomberg's wealth tracker.

Dangote refinery is subsidizing Nigeria’s petrol and diesel, official says

A senior Dangote Group official says the refinery subsidizes Nigeria's petrol and diesel but sells jet fuel at full market price.

FG seeks 30-day fuel credit for airlines as Dangote profits soar

The Federal Government has asked fuel marketers to give Nigerian airlines a 30-day credit window as Aliko Dangote's refinery rakes in record jet fuel margins.

Obasanjo says NNPC refineries will never work again

Former President Olusegun Obasanjo has insisted Nigeria's three NNPC refineries will never work, citing past rejection by Shell and pressure that scuttled the Dangote sale.

Dangote offers to build East Africa a refinery matching his Lagos plant

Aliko Dangote has offered to build a refinery in Tanzania matching his 650,000-barrel-per-day Lagos plant, with Kenya and Uganda already in talks on the project.

NNPC ships eight crude cargoes to Dangote refinery in April

NNPC Trading shipped more than 1.03 million metric tons of crude, about 6.8 million barrels, to Aliko Dangote's Lekki refinery across eight April cargoes.

Latest articles

Sharia Council raises alarm over rising insecurity, urges FG to act

The Supreme Council for Shariah in Nigeria has raised alarm over worsening insecurity, urging the Federal Government to take urgent, decisive steps against killings, kidnappings and banditry.

Nigeria’s economic reforms working but poverty increasing, says IMF

The IMF says reforms have strengthened Nigeria's economy and built resilience, but warns more than 60 percent of Nigerians now live in poverty amid rising food insecurity.

Nigeria is moving in the right direction, FG says as it defends Tinubu’s reforms

The Federal Government says Nigeria is steadily emerging from economic fragility, defending President Tinubu's reforms with GDP growth, over one million student loan beneficiaries and anti-graft gains.

Senate queries SEDC over N153m spent on Abuja office rent

The Senate has queried the South East Development Commission over N153m allegedly spent renting an Abuja office, demanding a full account of funds from its 2025 budget.