Tag Archives: Dangote

…Says local price will continue to increase because Trading arms offer cargoes at $2-$4 per barrel, above NUPRC official price …Insists IOCs are frustrating its crude supply demands   The Management of Dangote Industries Limited (DIL) have commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its various interventions in …

  President of Dangote Group, Aliko Dangote, on Sunday stated that his company’s aim is to become the leading supplier of foreign exchange in the FX market soon, as it targets $30 billion in revenues by the year 2025. During a tour of the Dangote Petroleum Refinery & Petrochemicals and Dangote …

Dangote Petroleum Refinery and Petrochemicals has issued a tender for an additional 11 million barrels of US crude oil over the next six months due to Nigerian crude oil producers’ inability to meet its feedstock requirements. The 650,000 barrels per day refinery has already received 9 million barrels of West …

  5231: Associate Director, Sovereign Ratings, S&P Global Rating, Maxmillian McGraw; Senior Analyst, Bank Ratings, Charlotte Masvongo, Vice President of Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin; Director and Lead Analyst, Sovereign and International Public Finance Ratings, Ravi Bhatia, and Director, Corporate Ratings, Omegu Collocott during S&P …

… laments as Regulator (NMDPRA) continues to grant licences to import banned dirty diesel, jet fuel Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals. Edwin said …

    …increases shareholders dividend by 50% to N30 per share   Amidst applause by shareholders for the impressive results in the 2023 financial year despite the harsh business operating environment, the Chairman of Dangote Cement Plc, Aliko Dangote has announced an increase of 50 per cent on dividend payout …

We’re privileged to partner with FG – Dangote President Bola Ahmed Tinubu, Lagos State Governor Babajide Sanwo-Olu, Minister of Works, Engr David Umahi, among others hailed President of the Dangote Industries Limited, Alhaji Aliko Dangote, and HiTech Construction for their roles in the completion of the Oworonshoki-Apapa Expreswway. President Tinubu, …

NASCON Allied Industries Plc has assured its shareholders of continuous growth and value creation in 2024. The Company gave the assurance at its 2023 Annual General Meeting held yesterday in Lagos. Speaking to shareholders, the Chairperson of NASCON, Yemisi Ayeni said “amidst the challenges in 2023, the Company achieved commendable …

Dangote Cement has been honoured with the top prize at the inaugural Corporate Reporting Award, jointly organized by the Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Limited. The leading cement manufacturer received the Platinum award for excelling across all three reporting categories, showcasing exemplary reporting practices that …

President of the Pan-African Conglomerate, Dangote Industries Limited (DIL), Aliko Dangote has called for increased investments in the African continent to foster its rapid growth and development. Speaking at the largest gathering of private sector leaders in Africa, the Africa CEO Forum in Kigali, Rwanda, Dangote emphasized that recent trends …