Tag Archives: Dangote

  Our attention has been drawn to media reports alleging that the Dangote Refinery has backtracked by acknowledging that NNPC supplied about 60% of the 50 million barrels we lifted. To clarify, we have never accused NNPC of not supplying us with crude. Our concern has always been NUPRC’s reluctance …

Critical stakeholders in the country have pledged to partner the Dangote Cement Plc to speed up the realization of government objectives of providing social and economic development to Nigerians. During their familiarization visits to the Dangote Cement Plant, Obajana, Kogi State, top officials of the National Youths Service Corps (NYSC), …

strong earnings prospects from the new refinery     GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the national scale long-term issue rating of AA+(NG) accorded to …

  Dangote has continued to attract huge forex into the country through his pan-African operations as the half-year result for Dangote Cement indicates an increase in revenue from Pan-African operations by 139.9 per cent, growing to N807.1 billion as against N336.4 billion, reported in the corresponding period of 2023. The …

…Warn IOCs against economic sabotage …Urge FG to end fuel, diesel importation The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM), over the weekend, threatened to renew agitation for greater autonomy and control of their natural resources, if the Nigerian National Petroleum Corporation (NNPC) and the International Oil Companies …

President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon. The President urged Dangote to explore potential investment opportunities in the country’s cement and fertilizer sectors, specifically urea and phosphate …

President/CE of Dangote Industries Limited, Aliko Dangote (left) in Gabon on invitation of the President, Brice Oligui Nguema (right) to explore investment opportunities in Cement and Fertilizer (Urea and Phosphate)

  …Urges National Assembly to test all available products from Standard laboratory to disclaim NMDPRA’s assertions President of Dangote Group, Aliko Dangote, over the weekend revealed that Dangote Petroleum Refinery has continued to receive repeated orders for its products from all those who have purchased same since the commencement of production. …

…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 …