Nigerian industrialist Aliko Dangote has cautioned that escalating tensions in the Middle East could trigger oil market instability with far-reaching implications for Nigeria and African economies. He made the remarks on Monday in Lagos after visiting President Bola Tinubu to extend Eid-el-Fitr greetings and reaffirm support for the administration. Dangote said that while Nigeria is…
The Aliko Dangote Foundation on Monday donated 20,000 bags of 10-kilogram rice to support vulnerable residents at Ramadan in Bauchi State. The state government, in collaboration with the foundation, inaugurated the distribution of the rice palliatives to persons with disabilities and other vulnerable groups across the state. Speaking, Gov. Bala Mohammed, represented by his Deputy,…
Dangote Refinery says it does not import refined petroleum products into Nigeria, insisting that all petrol and other fuels sold from its operations are fully refined locally. The clarification was made by the Chief Executive Officer of Dangote Refinery, Mr David Bird, during a news conference on Wednesday in Lagos, amid allegations over fuel importation…
Africa’s largest oil refinery, the Dangote Petroleum Refinery, is set to embark on a major expansion that will lift capacity from 650,000 barrels per day to 1.4 million, according to its incoming chief executive. Speaking at a media session in Lagos, Managing Director and CEO-designate David Bird said the project would rely on a replication…
Nigeria’s Federal Inland Revenue Service (FIRS) has named Dangote Cement Plc as the country’s most tax-compliant company for 2025, recognising the firm’s robust adherence to regulatory standards and its substantial contribution to national revenue. The award was announced at the 2025 Lagos International Trade Fair and confirmed on Monday by Mojisola Ogunlade, the company’s Group…
Mrs Fatima Aliko-Dangote, Group Executive Director, Commercial Operations, Dangote Group, has reaffirmed the company’s commitment to the full industrialisation of Nigeria, speaking at the ongoing 2025 Lagos International Trade Fair organised by the Lagos Chamber of Commerce and Industry (LCCI). Represented by Mrs Funmi Sanni, Group Head, Sales and Marketing, Dangote Cement Plc, Aliko-Dangote described…
The Federal High Court in Abuja has dismissed a ₦100 billion case filed by Dangote Petroleum Refinery and Petrochemicals FZE against the Nigerian National Petroleum Company Limited (NNPCL) and several oil marketing companies over the issuance of import licences. Justice Mohammed Umar dismissed the case on Wednesday after Dangote’s lawyer, C.O. Adegbe, moved to discontinue…
The Yoruba Council Worldwide (YCW) has urged Nigerians to view the nation’s long-running violence as a shared tragedy affecting all citizens, not as religious persecution directed solely at Christians. At a press briefing at the Ooni of Ife’s palace on Monday, YCW president Oladotun Hassan condemned what he described as “unending waves of terrorism and…
A Nigerian court has rescheduled hearing to 5 November in a ₦100 billion lawsuit filed by Dangote Refinery against the Nigerian National Petroleum Company Limited (NNPCL) and regulatory authorities, following the judge’s absence at Wednesday’s sitting. The case centres on an alleged import licence dispute, with Dangote Refinery accusing the NNPCL and other agencies of…
Africa’s largest oil refinery, the Dangote Petroleum Refinery, is set for a major expansion that will more than double its production capacity from 650,000 barrels per day (BPD) to 1.4 million BPD within the next three years. Once completed, the refinery will become the largest in the world, signalling a significant step toward energy independence…
