The Federal Government’s midstream and downstream petroleum regulator has defended Dangote dollar fuel sales, saying the move does not violate the Petroleum Industry Act (PIA). Dangote Can Officially Sell in Dollars According to senior officials, the law allows operators to recover their investment and operating costs. Since the Dangote Refinery now buys much of its…
In the midst of recent petrol price hikes, Dangote Petroleum Refinery says its new dollar payment policy is not responsible. The refinery explained that no marketer has paid for petrol in dollars since the policy was introduced. Instead, marketers are raising prices in a bid to sell old stock bought before the new payment system….
Organizers held the 45th Kaduna International Trade Fair in Kaduna. The event featured the theme Sustainable Economic Recovery Through Deepening of Local Content Value Chain. Participants from various sectors attended to discuss economic strategies. Aliko Dangote, President of Dangote Group, led the push for local content development. Fatima Wali-Abdulrahman, Special Adviser to Dangote, represented him…
Three companies under Dangote Group strengthen their gas supply agreement with units of Nigerian National Petroleum Company Ltd (NNPC Ltd). These agreements aim to support their growth strategies while aligning with Nigeria’s transition to cleaner energy and industrialization. The announcement made during the launch of the Nigeria Gas Master Plan 2026 in Abuja on Friday….
Anthony Joshua addressed a tragic car crash that killed two of his closest friends. He shared his feelings in a video posted on social media. Fans around the world sent messages of support. The Fatal Accident The incident happened on December 29, 2025, near Lagos, Nigeria. Joshua traveled in the back of a Lexus SUV…
Aliko Dangote, Africa’s richest man and chairman of Dangote Industries, recently intensified his battle against former NMDPRA chief Farouk Ahmed. He filed a new petition with the Economic and Financial Crimes Commission (EFCC). This move followed his withdrawal of a similar complaint from the Independent Corrupt Practices Commission (ICPC). Background of the Dispute The conflict…
Dangote petrol price will drop again from Tuesday, as Aliko Dangote confirmed that petrol will sell for no more than ₦740 per litre in all MRS filling stations. Dangote made the announcement on Sunday during a press briefing at the Dangote Refinery complex in Lagos. He explained that the price reduction followed a cut in…
ECOWAS leaders choose the Nigerian billionaire, Aliko Dangote, as the inaugural chair of the newly formed ECOWAS Business Council. This is for the promotion of economic development within West Africa. Dangote, the head of Dangote Group, brings vast experience in industry and investment. Additionally the council will focus on aligning private investments with regional goals….
Aliko Dangote has called on Nigerian billionaires to cut down on luxury spending. He urged wealthy Nigerians to invest in industries that create jobs instead of acquiring private jets and Rolls-Royce cars. He said money should build factories and empower communities. Speaking on Friday, he warned that heavy importation weakens the economy. He explained that…
Forbes 2025 List of Black Billionaires Reveals Global Surge in Black Wealth and Influence Forbes has officially unveiled its eagerly awaited 2025 ranking of the world’s Black billionaires, spotlighting an elite group of influential individuals who have shaped global industries including business, entertainment, technology, sports, and finance. This year’s list highlights not just personal wealth,…
